Shows
Vital Strategies095 | Unlock Exponential Growth: The AI and Marketing Playbook for Entrepreneurs with David AsarnowWhat if scaling your business revenue didn’t mean working harder but working smarter? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with David Asarnow, founder of Business Nitrogen and a leading expert in revenue growth and AI-driven marketing strategies. Together, they unpack how entrepreneurs can create exponential growth by identifying their “best buyers,” leveraging intentional marketing campaigns, and harnessing the power of AI to streamline outreach and conversion.
Whether you’re a seasoned entrepreneur or just starting to scale, this conversation offers actionable insights you can implement today. From building multi-tou...
2025-09-0245 min
Vital Strategies094 | Fraud Happens Fast: What Every Business Owner Needs to Know with Megan KinneyAre you unintentionally leaving your business vulnerable to fraud or cyberattacks? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with trusted expert Megan Kinney for a powerful conversation about financial protection and operational safeguards every entrepreneur should know. From sophisticated fraud to internal embezzlement, this episode pulls back the curtain on the real risks business owners face, and offers clear, practical strategies to help prevent costly mistakes before they happen.
Patrick and Megan explore how adding the right amount of friction to your financial systems can actually protect your profits, and w...
2025-08-2640 min
Vital Strategies093 | Faster Funding, Lower Risk: A New Approach to Real Estate Finance with Dave KotterWhat if you could secure funding for a real estate deal in weeks instead of months, without the slow, bureaucratic process of traditional banks and still protect your downside like a seasoned investor? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Dave Kotter, founder of Hybrid Debt Fund and Integrity Capital, to explore a game-changing approach to real estate financing and private credit investing. Whether you’re a developer looking to close deals faster or an accredited investor seeking secure, high-yield opportunities, this conversation reveals how Hybrid Debt Fund is bridging the ga...
2025-08-1936 min
Vital Strategies092 | Avoid Buyer’s Remorse: The Smartest Real Estate Move Before Making an Offer with Bob FradyAre you buying real estate without a clear picture of the risks involved? In this eye-opening episode of the Vital Wealth Podcast, host Patrick Lonergan sits down with data entrepreneur Bob Frady, co-founder of PropertyLens.com, to uncover how homebuyers and investors can dramatically reduce risk and negotiate smarter using big data. Patrick, a seasoned financial strategist and real estate investor, introduces Property Lens as the “Carfax for houses,” and together they unpack how this innovative tool empowers buyers with insights previously buried in obscure databases, aging PDFs, or not disclosed at all. Whether you’re eyeing a second home...
2025-08-1238 min
Vital Strategies091 | Don’t Let the IRS Win: The Real Cost of Late Tax PlanningAre you an entrepreneur tired of watching massive chunks of your hard-earned money disappear into taxes every year? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Ryan Johns. Ryan is one of the lead financial advisors at Vital Wealth and an attorney. They uncover the truth about why most tax planning fails and how high-earning business owners can finally get ahead of the IRS. With Ryan’s unique background bridging law, financial advising, and wealth strategy, this conversation reveals practical steps every entrepreneur can take to save big, improve cash flow, and bui...
2025-08-0552 min
Vital Strategies090 | The 3 Business Phases Every Entrepreneur Must Master to Avoid Burnout with Leslie HasslerIs your business growing but so is your stress, chaos, and burnout? In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Leslie Hassler, founder of Your Biz Rules and author of First This, Then That, to challenge the traditional narrative of business success. With nearly two decades of experience guiding entrepreneurs, Leslie brings a fresh philosophy: Scaling Rich, a model of intentional, profitable growth that enhances your life rather than consumes it. Together, they unpack the difference between growth and true scalability, why recovery is a critical phase most founders skip, and how...
2025-07-2946 min
Vital Strategies089 | The Psychology Tools Missing From Your Marketing with Rai CornellAre you pouring money into marketing but not seeing the results you hoped for? What if the real problem isn’t your strategy, but your psychology? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Rai Cornell, founder of Cornell Content Marketing and former correctional psychologist, to uncover how applying behavioral science can transform the way entrepreneurs attract, convert, and retain clients. With nearly two decades of marketing experience and a deep understanding of human behavior, Rai breaks down her signature ELITE Method, showing business owners how to move from scattered tactics to a...
2025-07-2259 min
GET UNSTUCKGU262 Pay Less Tax, Build More Wealth: How Entrepreneurs Win the Finance Game with Patrick LonerganMost entrepreneurs treat taxes like a once-a-year chore.
But in Episode GU 262, Patrick Lonergan shares why tax strategy is a daily business decision.
From dropping out of law school to running multiple seven-figure businesses, Patrick has mastered the art of building wealth while legally slashing tax bills. This episode is packed with surprising, actionable insights—like why bookkeeping is the best investment you’re not making, and how moving money from your “right pocket to left pocket” can save you thousands.
We also explore legacy, family, and freedom—because as Patrick says,
“The whole go...
2025-07-2038 min
Vital Strategies088 | The Cybersecurity Wake-Up Call Every Entrepreneur Needs - A Conversation with Steven SaehrigWhat would happen if your business got hacked tomorrow, would you be ready? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, a high-level tax strategist and entrepreneur, sits down with Steven Saehrig, founder of Descent IT and a cybersecurity veteran with over 20 years of experience protecting small businesses. Together, they dive into the hidden risks entrepreneurs face in today’s digital world, from phishing emails and ransomware to employee access and outdated hardware. This is a must-listen for any business owner who wants to safeguard their operations, protect sensitive data, and avoid the massive financial an...
2025-07-1544 min
Vital Strategies087 | From Main Street to Blockchain: Advanced Capital Gains Tax Moves for Big ExitsIs the IRS your silent business partner, taking 30% or more of your hard-earned gains? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, founder of Vital Wealth, unpacks critical updates from the newly passed One Big Beautiful Bill Act and breaks down powerful, legal tax strategies entrepreneurs can use to reduce or eliminate their capital gains tax. Whether you're selling a business, offloading real estate, or managing a growing estate, this episode provides real-world insights that could save you millions.
Patrick walks listeners through smart ways to leverage deferral techniques, reduction tools, and philanthropic g...
2025-07-0839 min
Vital Strategies086 | The IRS Is Getting Smarter. Are You Ready? Tax Survival Tips from Stephen WeisbergAre you prepared if the IRS comes knocking or worse, if you owe more than you can pay? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, a seasoned advisor to high-performing entrepreneurs, sits down with Stephen Weisberg, founder and lead attorney at the W Tax Group. With over a decade of experience navigating IRS disputes, audits, and tax debt resolution, Stephen shares real-world strategies to help business owners avoid costly mistakes and resolve tax issues with confidence.
This episode is packed with practical insights every entrepreneur should hear, from what to do if y...
2025-07-0145 min
Vital Strategies085 | Passive Income, Tax Strategy and Crypto: What You Need to Know About Bitcoin Mining with Beau TurnerIs it really possible to generate passive income, reduce your tax burden, and build long-term wealth, all through Bitcoin mining? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Beau Turner, founder of Abundant Mines, to unpack one of the most misunderstood and potentially lucrative opportunities in today’s financial landscape. Patrick and Beau go beyond the surface of crypto hype and dig into the real strategies, tax advantages, and business models behind profitable Bitcoin mining.
Listeners will gain insight into how crypto mining can function as a cash-flowing business, what kin...
2025-06-2454 min
Vital Strategies084 | How to Beat Wall Street Using Your IRA and 401(k) – Insider Tactics from Adam BergmanWhat if your retirement account could do more than just survive Wall Street, what if it could help you build real, tax-free wealth? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Adam Bergman, tax attorney, founder of IRA Financial, and author of nine books on self-directed retirement strategies. Together, they dive into the powerful, yet often misunderstood world of self-directed IRAs and 401(k)s and how entrepreneurs can use these tools to invest in real estate, private companies, crypto, and other high-growth opportunities completely outside of traditional stock and bond portfolios.
2025-06-2149 min
Vital Strategies084 | How to Beat Wall Street Using Your IRA and 401(k) – Insider Tactics from Adam BergmanWhat if your retirement account could do more than just survive Wall Street, what if it could help you build real, tax-free wealth? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Adam Bergman, tax attorney, founder of IRA Financial, and author of nine books on self-directed retirement strategies. Together, they dive into the powerful, yet often misunderstood world of self-directed IRAs and 401(k)s and how entrepreneurs can use these tools to invest in real estate, private companies, crypto, and other high-growth opportunities completely outside of traditional stock and bond portfolios.
2025-06-1749 min
Vital Strategies083 | The Hidden Traps in Selling Your Business and How to Avoid Them with John MartinkaWhat if selling your business could be simple, profitable, and even… graceful?
In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with John Martinka, seasoned exit planning advisor and author of “Exit with Style and Grace and More Money.” Together, they break down what it really takes to prepare your business for a sale that leaves you in control and with more cash in your pocket. Whether your years away from exiting or just starting to consider the possibility, this episode will change the way you think about the value hidden inside your bu...
2025-06-1043 min
Vital Strategies082 | Former Goldman Sachs Insider Reveals the Smart Way to Use Insurance with Wallis Wilkinson TsaiIs your insurance policy building wealth or just a cost? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan, founder of Vital Wealth, sits down with Wallis Wilkinson Tsai, a former Goldman Sachs investment banker, hedge fund investor, and co-founder of AboveBoard Financial. Together, they explore how insurance can become a powerful tool in your financial strategy, if it’s used correctly. Whether you're a high-level entrepreneur, CEO, or business owner, this conversation will show you how to turn insurance from a sunk cost into a high-leverage asset.
Wallis shares her expertise on everything fro...
2025-06-031h 02
Vital Strategies081 | The AI Playbook Every Entrepreneur Needs (Before They Get Left Behind) with Jonathan MastCould AI your biggest untapped business partner? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan is joined by Jonathan Mast, an AI prompting pioneer and seasoned digital innovator who’s been leveraging emerging tech since the earliest days of the internet. Together, they unpack how AI is transforming the way entrepreneurs operate, making it easier to save time, increase profits, and deliver more value without burning out or hiring more people.
From marketing strategies and SOP creation to customer service automation and building your own virtual board of advisors, Jonathan breaks down real-world use...
2025-05-2745 min
Vital Strategies080 | Real Estate Cash Flow, Depreciation & Passive Income: Strategies for High-Income Earners with Lane KawaokaIs your wealth strategy stuck on the ground floor? Learn how Lane Kawaoka went from a civil engineer to managing over $2.1 billion in real estate—and how you can use the same framework to create your own wealth elevator.
In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Lane Kawaoka, former civil engineer turned real estate powerhouse, bestselling author, and host of a top 50 investing podcast. Lane shares his journey from buying his first rental in Seattle to building a portfolio of over 10,000 units and founding The Wealth Elevator. If you're a h...
2025-05-2053 min
Vital Strategies079 | Protect Your Legacy from Taxes, Lawsuits, and Family Feuds with Antony JoffeAre you building a legacy that lasts or leaving your wealth exposed to taxes, lawsuits, and family conflict?
In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Anthony Joffe, Chairman of Sterling Trustees, one of the nation’s top independent corporate trustees based in South Dakota. With nearly two decades of experience helping ultra-high-net-worth families structure their trusts, Anthony shares powerful insights into why trusts are more than estate tools, they're strategic wealth planning vehicles. Patrick and Anthony explore what makes South Dakota the gold standard for trust law, the dangers of...
2025-05-1349 min
Vital Strategies078 | How to have the Perfect Sales Call — The One Key Ari Galper Says You Must HaveHave you ever walked away from a sales conversation thinking it went perfectly, only to lose the deal anyway? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Ari Galper, the world’s leading authority on trust-based selling and the author of seven bestselling books. Patrick and Ari dive deep into why traditional sales methods fail even when conversations seem to go well and how entrepreneurs can shift to a trust-first approach that builds genuine relationships and dramatically increases close rates. Ari shares the pivotal story that changed his entire philosophy on sales, re...
2025-05-0636 min
Vital Strategies077 | How to Instantly Build Trust and Close More Deals – Mary Schmid on the Neuroscience of ConversationsHave you ever felt like your conversations aren’t landing the way you want them to? Whether it’s with clients, employees, or even family, communication can be the difference between building trust and creating disconnect. In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Mary Schmid, a communication and leadership expert specializing in the neuroscience of conversations. Mary shares how small shifts in the way we communicate can lead to deeper connections, stronger business relationships, and better outcomes.
Together, Patrick and Mary explore the three levels of conversation and why most...
2025-04-2953 min
Vital Strategies076 | Financial Clarity = More Profit: How to Fix Your Books and Scale with Matt Tait of DecimalAre your business financials holding you back without you even realizing it? Many entrepreneurs have a great product and strong marketing, but when it comes to bookkeeping, cash flow, and financial strategy, things get messy. In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Matt Tait, CEO of Decimal, to uncover the biggest financial mistakes business owners make and how to fix them. Matt shares his journey from law to entrepreneurship, the role of technology in financial management, and the critical shifts needed to scale a business profitably.
This conversation is p...
2025-04-2253 min
Vital Strategies075 | The Untold Power of Private Placement Life Insurance: Amazing Tool to Build Wealth Tax Free and Protect Your Legacy with Michael MalloyWhat if there was a legal way to eliminate taxes on millions of dollars in investment gains—permanently? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Michael Malloy, a global authority on Private Placement Life Insurance (PPLI). With over 30 years of experience helping wealthy families protect and grow their assets, Michael shares how this little-known strategy can transform the financial future of entrepreneurs, real estate investors, and crypto holders.
Patrick and Michael dive into the structure and benefits of PPLI, how it fits into a larger wealth-building strategy, and why it’...
2025-04-1554 min
Vital Strategies074 | The Secret to Leadership That Drives Growth & Retains Top Talent with Haley GraylessWhat makes a business truly successful? It’s not just about having a great product or strong marketing—it’s about building a team that is engaged, motivated, and aligned with your vision. In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Haley Grayless, CEO and Founder of Vaxa Collective, to discuss the critical role of leadership and workplace culture in driving business success. Haley shares her expertise on how to create a thriving, high-performing team by focusing on emotional intelligence, psychological safety, and performance accountability.
Whether you're struggling with disengaged employe...
2025-04-081h 06
Vital Strategies073 | Stop Going It Alone: How Advisory Boards Help Founders Win Bigger with Evan KrautWhat if the key to unlocking your next level of business growth isn’t another tool or tactic—but a room full of trusted advisors?
In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Evan Kraut, co-founder and managing partner of Board Stream, a company that builds and manages advisory boards as a service. With a rich background in startup growth, private equity, and executive leadership, Evan shares how the right advisory board can help entrepreneurs gain clarity, avoid costly mistakes, and scale more effectively. Whether you’re running a high-growth busines...
2025-04-011h 10
Vital Strategies072 | Turn Your Expertise into a Revenue-Generating Book – Paul McManus Breaks It DownHave you ever considered writing a book but felt overwhelmed by the time commitment, the process, or even the fear of not being "expert enough"? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with bestselling author Paul McManus, creator of The Short Book Formula, to uncover how writing a concise, high-impact book can establish your authority, attract premium clients, and generate millions in revenue for your business. Whether you're a financial advisor, entrepreneur, or service professional, Paul shares a proven roadmap to writing, publishing, and leveraging a book—without putting your business on ho...
2025-03-2551 min
Vital Strategies071 | If You’re Not Selling, You’re Not Scaling—Dave Hanley’s Strategies for GrowthAre you struggling to grow your business because sales just aren’t where they need to be? Many entrepreneurs think that having a great product is enough, but without a strong sales strategy, even the best businesses can fail. In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Dave Hanley, a seasoned entrepreneur, sales expert, and three-time founder with over $200 million in successful exits. Dave shares his insights on why having the best product isn’t enough—it’s about having the right sales process in place. He breaks down the COD framework for craf...
2025-03-1852 min
Vital Strategies070 | This Simple Cash Flow Strategy Can Transform Your Business – Susanne Mariga Breaks It DownIs your business truly profitable, or are you just generating revenue without seeing the financial rewards? In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Susanne Mariga, a Profit First Certified Master, author, and fractional CFO, to break down the powerful Profit First framework. Susanne shares how business owners can intentionally create profit, structure their pricing for maximum value, and make strategic financial decisions that lead to lasting success. She also dives into the importance of surrounding yourself with the right people and how small, incremental changes can turn your business into a...
2025-03-1156 min
Vital Strategies069 | The Hidden Power of Whole Life Insurance for Business Owners with Mark WillisWhat if You Could Become Your Own Bank and Build Tax-Free Wealth?
In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Mark Willis, #1 best-selling author, owner of Lake Growth Financial Services, and co-host of the Not Your Average Financial Podcast. Together, they uncover a powerful strategy that’s helping entrepreneurs take control of their finances and create long-term financial stability. Mark shares how properly designed whole life insurance can be far more than a death benefit—it can serve as a personal bank, providing liquidity, predictable growth, and tax-free income for busin...
2025-03-0456 min
Vital Strategies068 | From Startup to 8-Figure Exit: The Wealth Strategies That Work and Pitfalls to Avoid with Jason SchappertWhat separates a thriving business from one that struggles to stay afloat? More often than not, the answer lies in financial management—both personal and professional. In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Jason Schappert, a seasoned entrepreneur who successfully scaled and exited his business with an eight-figure deal. Now, he’s applying his financial expertise to his latest venture, Moola, a cutting-edge financial management tool designed to help business owners gain control of their money, scale smarter, and protect their wealth. Jason shares the hard lessons he learned along the way...
2025-02-2557 min
Vital Strategies067 | Win or Learn: The Entrepreneur Mindset You Need to Succeed with Pat BrennanWhat does it really take to build a business that not only thrives but runs without you? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Pat Brennan, CEO and founder of Catalyze Growth Partners, to explore the keys to entrepreneurial success. Pat shares his inspiring journey—from getting fired to discovering he was meant to be an entrepreneur—and how he built a business that helps companies grow through a holistic approach to marketing, lead generation, and client acquisition.
Throughout the conversation, Pat reveals how to fail forward and adapt to an...
2025-02-1848 min
Vital Strategies066 | The Hard Truth About Leadership—And Why Most Entrepreneurs Get It Wrong with Christian MunteanWhat if scaling a business wasn’t about working harder but about leading smarter? In this episode of Vital Wealth Strategies, host Patrick Lonergan sits down with leadership expert and author Christian Muntean, who has helped businesses scale up over $500 million. Christian shares his powerful leadership framework, built from his experience in international disaster relief and personal fitness training, to help entrepreneurs develop healthy habits, intentional leadership, and a mindset for sustainable success.
Together, Patrick and Christian explore the biggest challenges leaders face, including self-doubt, delegation, and the hidden ceilings entrepreneurs place on themselves. They discuss how gre...
2025-02-1148 min
Vital Strategies065 | The Behavioral Science of Success: How Top Entrepreneurs Think Differently with Hugh MassieWhat if the key to better leadership, stronger teams, and smarter decision-making was hidden in understanding human behavior? In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Hugh Massie, Executive Chairman of DNA Behavior Solutions, to explore how behavioral profiling can transform the way entrepreneurs lead and scale their businesses.
Patrick and Hugh dive into the biggest challenges leaders face when managing people, the number one trait of successful entrepreneurs, and why reframing the way we think about money can have a massive impact on business growth. They also discuss practical st...
2025-02-041h 02
Vital Strategies064 | How Speaking Engagements Can Fuel Your Business Growth and Attract Ideal Clients with Laurie-Ann MurabitoIn today’s episode of the Vital Wealth Strategies Podcast, we’re unlocking the secrets to using speaking engagements as a powerful tool to grow your business, attract your ideal clients, and elevate your brand. Whether you’re just starting out or looking to take your speaking career to the next level, this episode is packed with insights you won’t want to miss. Host, Patrick Lonergan, is joined by Laurie-Ann Murabito, a master speaking coach, bestselling author, and podcast host. Together, they dive into how to build a speech that resonates and how speaking can pull in the right cl...
2025-01-2837 min
Vital Strategies063 | How to Minimize Crisis and Maximize Growth: Van Carlson Explains the 831(b) Solution Every Business NeedsIs your business prepared to weather unexpected risks, safeguard its reputation, and reduce its tax burden all at once?
Welcome to the Vital Wealth Strategies Podcast, where host Patrick Lonergan sits down with industry leaders to help entrepreneurs like you minimize taxes, master wealth, and optimize your life. In this episode, Patrick is joined by Van Carlson, the largest manager of 831(b) Captive Insurance plans in the country and a trusted expert in risk management and tax strategy. Together, they discuss how businesses can use risk financing to build reserves, protect their brand, and ensure long-term stability. ...
2025-01-2152 min
Vital Strategies062 | The Marketing Playbook: Clear, Concise, and Client-Centered Strategies with Jenny CrossWhat’s the secret to building a cohesive marketing strategy that truly works for your business? On this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan kicks off 2025 with a deep dive into marketing strategies for business owners looking to drive more revenue into their business. Patrick is joined by Jenny Cross, Founder and CEO of TwoTone Creative, a full-service marketing firm built on the principles of servant leadership and client-centered solutions. With a wealth of experience and actionable advice, Jenny shares her journey of growing her business, overcoming challenges, and helping others by answering their customers' qu...
2025-01-1443 min
Vital Strategies061 | Passive Income Through Franchises: Kenny Rose Explains the Process and Profit PotentialCould a passive investment in a franchise be the most overlooked path to financial freedom and diversification? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Kenny Rose, Founder and CEO of FranShares, to explore how entrepreneurs can passively invest in franchises to create diversified income streams. Kenny shares how FranShares connects investors with franchise opportunities and provides insights on what makes a franchise investment successful, including how to avoid bad deals and vet opportunities for strong returns.
This episode is packed with valuable takeaways on passive franchise investments, ROI, who i...
2025-01-0746 min
Vital Strategies060 | The CEOs Blueprint - How to Plan Your Best Year YetWhat if the key to unlocking massive growth in a business was stepping away from it? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan dives into the strategies successful entrepreneurs use to work on their business rather than just in it. As 2025 begins, this episode is packed with insights to help entrepreneurs step outside the daily grind, take a strategic look at their businesses, and set the foundation for a year of intentional growth. Whether feeling stuck or simply aiming to level up, this is an episode listeners can't afford to miss.
Listeners w...
2024-12-3123 min
Podcasting for Financial ProfessionalsNiche Down, Rise Up: How Authentic Content Attracts Your Ideal Clients | Patrick Lonergan | Ep 46What if achieving financial freedom required walking away from the promise of a lucrative career path? Entrepreneurship may not offer immediate financial gain, but the rewards of pursuing one's own vision often make the risks worthwhile.
Joining the show today is Patrick Lonergan, founder of financial advisory business Vital Wealth and host of the Vital Strategies podcast. Patrick reveals why he left law school despite a full scholarship and how bold content strategies, strategic outsourcing, and podcasting have driven his business's success.
Unlocking Online Success
(00:14:07) From Law School to Real Estate Entrepreneurship
...
2024-12-261h 13
Vital Strategies059 | Scripture, Strategy, and Success: A Faith-Driven Path to Your Best LifeAre you aligning your faith with your goals to build the life you truly want? In this special episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan reflects on the intersection of faith, business, and personal growth. Sharing his journey of committing to a life guided by biblical scripture, Patrick introduces a framework centered around three essential steps—follow, believe, and obey—that not only deepen your spiritual life but also empower you to create your best life as an entrepreneur.
This episode challenges listeners to rethink the role of faith in their lives and businesses. Throug...
2024-12-2426 min
Vital Strategies058 | Retention, Conversion, and Growth: Borja Cuan’s Ultimate Marketing FormulaAre you struggling to see the returns you want from your marketing efforts? What’s the missing piece in your strategy? In this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan sits down with Borja Cuan, the founder of Four15 Digital, to discuss how businesses can evolve their marketing strategies to achieve real, measurable outcomes. Borja shares invaluable insights into the digital marketing world, from the importance of building deep client relationships to obsessing over retention and ensuring the customer experience evolves with your business. If you're ready to transform your marketing efforts, this conversation is a mu...
2024-12-1756 min
Vital Strategies057 | How to Manage Big Capital Gain Tax Bills: Brett Swarts Breaks Down Deferred Sales TrustsWhat if you could sell your assets, avoid capital gains tax, and still unlock financial freedom?
In this episode of The Vital Wealth Strategies Podcast, host Patrick Lonergan dives into the revolutionary strategy of deferred sales trusts with Brett Swarts, a #1 best-selling author of Building a Capital Gains Tax Exit Plan and host of the Built It to Billions Podcast. Brett is an expert in advanced tax-saving strategies that empower entrepreneurs and investors to maximize their wealth, minimize their risk, and maintain flexibility. Patrick and Brett uncover how deferred sales trusts can serve as a powerful alternative t...
2024-12-1055 min
Vital Strategies056 | The Psychology of Investing: Jonathan Blau on Navigating Market Ups and Downs with Jonathan BlauHave you ever wondered why, even with all the right information, investment decisions can sometimes feel like a rollercoaster ride?
On this episode of the Vital Wealth Strategies Podcast, host Patrick Lonergan explores this question with special guest Jonathan Blau, Owner and CEO of Fusion Family Wealth. Jonathan is a renowned expert in behavioral finance, specializing in helping investors and advisors understand the impact of human behavior on financial decision-making.
Listeners will hear Jonathan share invaluable insights into why embracing market volatility can lead to better returns and how cultivating a long-term mindset can outweigh sh...
2024-12-0337 min
Vital Strategies055 | Why Mental Health Matters for Your Bottom Line with Dr. JoeAre you giving mental health the same attention as other top priorities in your business? In this episode of The Vital Strategies Podcast. Host Patrick Lonergan is joined by Dr. Joe, a mental health advocate and expert working with the National Alliance on Mental Illness (NAOMI). Dr. Joe brings valuable insight into the role that mental health plays in workplace productivity and morale—and why leaders need to be at the forefront of this change. From removing stigma to making real conversations about mental health part of your culture, we cover the actionable steps leaders can take to create a...
2024-11-2654 min
Vital Strategies053 | Maximize Your Workforce: Shauna Wekherlien’s Guide to Strategic OutsourcingAre you leveraging the full potential of global talent to elevate your business?
In this eye-opening episode of the Vital Strategies Podcast, host Patrick Lonergan welcomes back Shauna Wekherlien, who has a number of successful businesses. She has decades of expertise in tax strategy and leading a global team, Shauna dives into the transformative power of outsourcing talent and working virtually.
This conversation is packed with actionable insights on how entrepreneurs can harness the power of virtual teams to reduce costs and boost productivity. We explore how the landscape of remote work has evolved over th...
2024-11-1255 min
Vital Strategies052 | How to Pivot Your Business and Thrive During a Crisis with Nancy CutterHow did one travel company not only survive COVID-19 but come out stronger? In this episode of the Vital Strategies Podcast, host, Patrick Lonergan sits down with Nancy Cutter, founder of Court Travel and a leader in the luxury travel industry. Nancy shares her incredible story of resilience and innovation, pivoting her business during the COVID-19 pandemic to not only survive but thrive. As part of the world’s largest luxury travel consortia, Nancy and her team found new ways to protect employees, keep clients well-served, and continue offering bespoke travel experiences. From creating fresh revenue streams to customizing tr...
2024-11-051h 02
Vital Strategies048 | How to Make Your Business More Valuable – The Blueprint for Maximizing Enterprise ValueWhat’s the secret to building enterprise value that lasts beyond you, the owner? In this episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Pete Worrell, author of Enterprise Value and a leading figure in the entrepreneurial community. Pete specializes in helping entrepreneurs increase the value of their companies by focusing on the critical elements of strategy, culture, and mindset.
Throughout the episode, Pete discusses the importance of leading your business as if you’ll run it forever—even if a sale is in the future. He also dives into the “four hats” that every e...
2024-10-0855 min
Vital Strategies047 | How to Crack the Tax Code: The Tax Goddess on Cutting Taxes and Building EmpiresHow to Crack the Tax Code: The Tax Goddess on Cutting Taxes and Building Empires
What if you could cut your tax rate to 6.92%—or even lower? In this episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by tax expert Shauna Wekherlien, founder of Tax Goddess Business Services. With over $1.57 billion in tax savings for her clients and a jaw-dropping 6.92% annual tax rate, Shauna shares her unique strategies for driving down taxes, building wealth, and optimizing cash flow.
Shauna reveals how business owners, investors, and entrepreneurs can utilize advanced financial tools like capt...
2024-10-0151 min
Vital Strategies046 | The Secrets to Building a Valuable Business with Sal MarinoIs your business set up for long-term success, or are you just chasing short-term wins? In this episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Sal Marino, who has worn many executive level hats from operations to sales at Charles IT. We explore the fundamental strategies that have fueled the company’s consistent 20-30% year-over-year growth. Sal shares insights on how building a strong foundation and focusing on leadership alignment are key to long-term success.
Together, Patrick and Sal discuss the importance of creating a culture of operational excellence, pushing for growth while for...
2024-09-2444 min
Vital Strategies045 | How to Crack the Code to Sales Success: What Top Performers Do DifferentlyWhat if the key to sales success lies in mastering just three critical elements? In today’s episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Mark Cox, founder of In the Funnel Sales Coaching, author and a leading expert in sales strategy. We dive into the key ingredients for sales success, focusing on how to build a strong foundation for your business, develop an elite sales team, and create a winning sales playbook.
Mark shares actionable insights on creating demand, managing the buyer’s journey, and the five traits that separate great salespeople from...
2024-09-171h 00
Vital Strategies044 | How to Turn Your Marketing and Branding into a Revenue Machine: Eddie Maalouf’s StrategyWhat’s the key to driving revenue in today’s rapidly evolving market? In the latest episode of the Vital Strategies Podcast, host, Patrick Lonergan sits down with one of the most dynamic and forward-thinking business owners. Eddie Maalouf isn't afraid to take bold steps, measure outcomes, and iterate quickly—traits that have propelled business success across multiple sectors, from brick-and-mortar to eCommerce and coaching.
They discussed the distinct strategies needed for different types of products and how marketing must constantly evolve to stay effective. You'll gain insights into how to keep your finger on the pulse of what...
2024-09-1039 min
Vital Strategies043 | Investing in Oil & Gas: The Untapped Advantages You’re MissingOil and gas investments could unlock powerful cash flow and tax benefits for your portfolio! Patrick Lonergan sits down with Matthew Iak, Executive Vice President of U.S. Energy Development Corporation, to dive into the world of oil and gas investments and the unique opportunities they offer. With over $1.6 billion in capital raised under his leadership, Matthew shares invaluable insights that could significantly impact your investment strategy.
We explore everything from the mechanics of investing in oil and gas to the issues that you can encounter with this asset class. We also look at the risks, like d...
2024-09-0347 min
Vital Strategies042 | Build and Scale an Empire: Jody Grunden's Blueprint for SuccessHave you ever wondered how digital companies can stay financially strong while adapting to a fully remote environment?
In this episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by Jody Grunden, an expert in financial management. Jody shares insights from his books "Digital Dollars and Cents" and "Building the Virtual CFO Firm in the Cloud." We discuss essential financial strategies that work for any business, emphasizing the importance of forecasting, understanding key performance levers like Utilization and Effective Rate, and managing the revenue pipeline. His practical advice makes complex financial concepts accessible for entrepreneurs...
2024-08-2748 min
Vital Strategies040 | From Habits to Health: Expert Tips for Total WellnessWhat Are the Secrets to Ultimate Health and Wellness? Dive into this special collaborative episode of the Vital Strategies Podcast where we bring together the wisdom and experiences of four incredible guest experts, each sharing their unique perspectives on health and wellness. This episode is packed with actionable insights and transformative ideas that will help you take your well-being to the next level.
Featuring:
Claire Darr: The Power of One Decision
Dr. McCoy: Your First Steps to Wellness
David Greer: Overcoming Poor Habits and Finding Fulfillment
Amanda Asay: Mastering Menta...
2024-08-1329 min
Vital Strategies039 | Business Entities Uncovered: Benefits, Liabilities, and IRS RequirementsCurious about which business entity is right for you? In this episode of the Vital Strategies Podcast, host Patrick Lonergan digs deep into the intricacies of entity selection for entrepreneurs. The episode covers the essential types of business entities, including sole proprietorships, partnerships, LLCs, corporations (both C-corp and S-corp elections), and co-ops. Patrick highlights the flexibility of LLCs, his personal favorite, and explores the benefits and liabilities associated with each entity type. The discussion provides a comprehensive guide on how to set up these entities, emphasizing the importance of choosing a structure that best suits individual business needs.
2024-08-0624 min
Vital Strategies038 | How to Work Less and Experience Exponential Growth with Steven NeunerIf you are curious how to have 150 days (about 5 months) a year off from work and still see exponential business and personal growth you are in for a treat. Steven shares his perspectives about the secrets behind building a championship team and empowering people to reach their full potential.
In this episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by the multi-talented Steven Neuner. Steven is not only the co-founder of Superpowers, a successful virtual assistant service, but also the co-hosts of “The Next Level Show” podcast.
Steven shared his strategic approach to bui...
2024-07-3041 min
Vital Strategies037 | AI for Entrepreneurs: Boosting Productivity and InnovationWant to learn how top entrepreneurs are leveraging AI to stay ahead of the curve? Today we’re diving into the transformative world of Artificial Intelligence (AI). AI is more than a buzzword; it’s a powerful tool that can revolutionize your business operations. In this episode, we explore practical applications of AI and share real-life success stories that showcase its potential. From enhancing customer experiences to optimizing operations, AI offers endless possibilities for entrepreneurs. At the end of this episode, we outline how we created this entire podcast episode utilizing AI.
Whether you're a small business owner...
2024-07-2316 min
Vital Strategies036 | From Burnout to Breakthrough: Claire Darr's Secrets to Energized Success in High-Pressure CareersHave you ever felt overwhelmed by the pressures of your business? Today, Patrick sits down with Claire Darr to explore the critical topic of burnout and discover practical ways you can achieve a more harmonious life. Drawing from Claire's experience as a former corporate attorney, the discussion explores the immense stress that comes with high-powered roles and the realization that a better, more well-rounded way of living is possible.
You will learn about simple habits that can help move from overwhelm to feeling energized. Patrick and Claire share practical advice for managing life's pressures, making time for o...
2024-07-1643 min
Vital Strategies035 | Passive Profits: Brian Dohmen's Guide to Building Wealth in Real EstateWhat makes real estate a more hands-on investment compared to traditional stocks, and why could this be your path to financial freedom?
In our latest episode, we sit down with Brian Dohmen, the founder and Managing Partner of Altitude Capital Partners. With a rich background as a banker and asset manager, Brian's unique journey into real estate development offers invaluable insights for both seasoned investors and newcomers alike.
Brian shares his experience, detailing how his successful career in private credit asset management led him to recognize a more lucrative path in real estate. He saw an...
2024-07-0927 min
Vital Strategies034 | How to Create a Productive Remote Work Culture: A Conversation with Vital’s TeamHave you thought about expanding your business to a virtual setup? In today’s episode we discuss our teams virtual set up and how we have navigated building our team for remote work.
In this week's episode of the Vital Strategies Podcast, I brought together members of our team to dive into the intricacies of our virtual work environment, highlighting what works for us and the challenges we've faced. We discuss the critical aspects of hiring self-driven, accountable, and results-oriented individuals to build a cohesive remote team. Maintaining work-life balance, combating Zoom fatigue, creating intentional boundaries and so...
2024-07-0259 min
Vital Strategies033 | Unlocking Peak Performance with Dr. McCoy: Proactive Healthcare and Precision MedicineHow can understanding and leveraging precision medicine take your personal and professional success to the next level? In this episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Dr. McCoy, his personal concierge doctor to discuss the importance of proactive healthcare and precision medicine.
In this discussion, Dr. McCoy emphasizes the need to understand each individual and their goals to optimize one's health journey. He contrasts proactive and reactive healthcare, advocating for an approach that changes people's lives by addressing health needs by degree rather than kind. A key highlight of their conversation is th...
2024-06-2539 min
Vital Strategies032 | Success Together: Business, Life and MarriageHave you ever considered what valuable lessons entrepreneurs can learn from their journey, and what advice would be beneficial for those looking to succeed in business while maintaining their most valued relationships? Today’s episode explores this through the lenses of married entrepreneurs and so much more.
In this special episode of the Vital Strategies Podcast, host Patrick Lonergan is joined by an extraordinary guest—his wife, Julie Lonergan. They look back at their entrepreneurial journey, sharing how they got started and the history that led them to build successful businesses. They discuss the challenges of expanding their...
2024-06-1957 min
Vital Strategies031 | Future-Proof Your Portfolio: Strategies for Global InstabilityAre your investments prepared for the next global crisis? Tune in to learn how to build a resilient portfolio that can withstand the end of the world as we know it. Joining us is Matthew Pierce and together we dig into a topic that's both timely and crucial: preparing your investment portfolio for the end of the world... or at least uncertain times.
In this episode, we explore the general uneasiness stemming from global and political instability and how these factors influence our financial decisions. Matthew offers a deep dive into the importance of having a robust f...
2024-06-1159 min
Vital Strategies030 | Investment Strategy Overview: Safe Plays to Bold BetsWhat if you could turn your investments into a steady stream of passive income and secure your financial future, all while avoiding the long-term risks of bad strategy?
That's precisely what we'll be discussing with our guest, Carey Hilburn, Lead Financial Advisor at Vital Wealth. Carey is a powerhouse when it comes to client planning helping guide them towards their financial goals. Together, we dive into the four levels of investing, offering you actionable insights and strategies. We kick things off with building a brokerage account, where we uncover how to build equity, automate savings, and generate pa...
2024-06-0434 min
Vital Strategies029 | Grow Your Business, Grow Your Impact: Eric Crews Shares Business Scaling StrategiesCurious about the critical question that can supercharge your business success? Tune in as entrepreneur Eric Crews shares his insights and expertise.
In this episode of the Vital Strategies Podcast, host Patrick Lonergan, sits down with fellow entrepreneur and scaling expert, Eric Crews, for an enlightening conversation on what it takes to scale your business to new heights.
During the episode, Eric shares his expertise on creating clarity and making sacrifices to achieve your ideal level of success. He emphasizes the importance of caring for people and clients and offers practical tips for measuring success th...
2024-05-281h 05
Vital Strategies028 | Inside the Entrepreneur's Private Office: The Blueprint for Tax Savings and Wealth BuildingHave you ever wondered how entrepreneurs identify the right financial tools and resources to support their journey, especially with all of the options available?
In this episode of the Vital Strategies Podcast, host Patrick Lonergan sits down with Ryan Johns, one of the Financial Advisors at Vital Wealth. Together, they dive into topics designed to empower entrepreneurs on their financial journey.
Ryan brings a unique perspective, having transitioned from the legal field to the world of finance. The conversation kicks off with a discussion of the ideal setup for what your advisor team should look li...
2024-05-2150 min
Vital Strategies027 | The Need for Speed: M&A deals done fast and done right with Robyn SiersAre you ready to explore new strategies and approaches to M&A that prioritize speed and efficiency without sacrificing quality?
In the latest episode of the Vital Strategies Podcast, host Patrick Lonergan welcomes a special guest, Robyn Siers, to the show. Robyn is a legal expert specializing in Speed M&A (Mergers and Acquisitions), adding significant value to the process with her diverse background that includes working at a tech start up, being an attorney at a full-service firm to now being a partner in a boutique firm where she specializes in mergers and acquisitions.
Ha...
2024-05-1447 min
Vital Strategies026 | You Can’t Hustle Your Way to Happiness: Your Mental Health Matters!Culture wants us to buy into the myth that if we just earn another dollar, we will be happy.
What if I told you that taking intentional rest and optimizing your mental health could be the key to unlocking your full potential as an entrepreneur?
In the latest episode of the Vital Strategies Podcast, host Patrick Lonergan dives into the world of mental health with licensed therapist, counselor, and mental health coach, Amanda Asay. Drawing from their personal experiences, Patrick and Amanda offer insights from the viewpoint of entrepreneurs, challenging the common belief that achieving fin...
2024-05-071h 10
Vital Strategies025 | Tax Credits and Deductions - Opportunities to Pursue and Pitfalls to AvoidCurious about the qualifications for tax credits? We're breaking down the criteria and debunking common myths to help you navigate the tax landscape with confidence.
Host Patrick Lonergan sits down with tax strategy expert Matthew Geltz from KBKG to explore the world of holistic tax planning. With a focus on specialty services and innovative approaches, Geltz sheds light on how businesses and individuals can optimize their tax savings.
Throughout the discussion, Geltz provides invaluable insights into key tax strategies, such as Cost Segregation studies and the significance of creating distinct buckets to ma...
2024-04-301h 13
Vital Strategies024 | The 4 Cornerstones of Wealth Building: Cash FlowHave you ever wondered why some businesses thrive while others struggle to stay afloat?
Hint: it's not luck or chance. Get ready to explore the framework for building a resilient and prosperous business.
In today’s episode, host Patrick Lonergan guides entrepreneurs on a transformative journey from amateur financial structures to organized, effective systems called the Entrepreneur Private Office. The Entrepreneur Private Office was born from his personal experience as an entrepreneur as well as working with successful entrepreneurs who are making over $1,000,000 a year.
This episode accelerates wealth building and cash flow optimi...
2024-04-2316 min
Vital Strategies023 | Tax Strategy: Niche Deferred Compensation Solution for Law FirmsCurious about the role of innovative financial solutions in empowering plaintiff contingent fee law firms to grow their businesses?
In today’s episode, we explore the fascinating world of tax strategy and financial planning with our special guest, Mike McGarry. As the Managing Director at Optcapital, Mike brings a wealth of expertise in crafting innovative solutions tailored to the unique needs of plaintiff contingent fee law firms.
Mike sheds light on the complexities of tax strategy surrounding the huge swings in income for contingent fee law firms. He explores the intricacies of deferra...
2024-04-1631 min
Vital Strategies022 | Have You Hit a Plateau in your Business? Unlock the Secrets to Breakthrough GrowthAre you ready to take your business to new heights? In our latest episode of the Vital Strategies Podcast, we had the privilege of hosting strategic business coach David Greer, who shared wisdom he has earned over the last 40 years of being in business. We discuss navigating growth plateaus and unlocking your business's full potential.
David shares the importance of strategic planning and forward-thinking. From crafting a master plan that encompasses both business and personal growth to understanding market dynamics and fostering a culture of high performance, David leaves digs into what it takes to run a su...
2024-04-0958 min
Vital Strategies021 | How to Protect Your Assets and Build an Estate Plan with Attorney Kyle IrvinDo you want to ensure your assets are shielded from creditors and legal liabilities? Learn how to legally avoid paying the federal estate tax which is 40%. Join us for an insightful discussion on asset protection and estate planning with Kyle Irvin.
In our most recent episode, we sit down with Kyle Irvin, an expert in asset protection and estate planning. I have worked closely together with Kyle for years. He brings practical wisdom to the table, unraveling the complexities of asset protection strategies and legal nuances across different states.
In this episode, Kyle explains the var...
2024-04-051h 04
Vital Strategies020 | The $250 Billion Question: Abacus Life's Solution to Your Problem Life Insurance PolicyIt's astonishing – $200-$250 billion in life insurance policies lapse every year. Curious to know how Abacus Life is not only changing the narrative but turning these lapses into substantial assets for clients? Tune in to find out.
In the latest Vital Strategies Podcast episode, host Patrick Lonergan is joined by Kolby Skolnik, from Abacus Life, a publicly traded company on Nasdaq and a leading alternative asset manager. Together, they explore Abacus Life's unique approach to life insurance as a valuable asset.
The episode highlights how Abacus Life purchases policies at a premium above the cash surr...
2024-04-0537 min
Vital Strategies019 | The Value of Planning: Steven Jarvis CPA Retirement Tax ServicesDo you find financial planning to be a one-size-fits-all experience? Challenge that notion with the Vital Strategies Podcast, where we discuss the importance of personalized, proactive planning tailored to your unique goals.
In this episode, Patrick Lonergan and Steven Jarvis unpack Vital Wealth's core principles, initially featured on the Retirement Tax Services Podcast. Discussing the crucial link between tax savings and wealth building, involving proactive tax planning, cash flow optimization, and strategic funding.
Discover how Vital Wealth strategically positions clients' finances to minimize tax liabilities, explore their pricing model, and understand the importance of ongoing cli...
2024-04-0527 min
Vital Strategies018 | Guest Encore: Recap - Wisdom from Our ExpertsThis week, Patrick takes you on a journey through some of the most impactful moments from the last quarter. We're thrilled to present a compilation of insights and wisdom from our incredible guests. We are focusing on the crucial topics of tax strategy, wealth building and setting up your business for long-term success.
Tune in as we revisit key highlights, featuring expert tips on tax strategy, wealth management, entrepreneurial growth strategies, and visionary insights on future-proofing your business. Each snippet is carefully selected to provide you with a taste of the valuable knowledge shared by the experts w...
2024-03-1242 min
Vital Strategies017 | Unlocking Tax Savings through Real Estate with Kevin JerryToday we sit down with tax expert Kevin Jerry to unlock a world of possibilities in real estate. Having personally witnessed Kevin save a client $1.5 million in income tax, we explore how his unique approach bridges the gap between your CPA's services and beyond.
In this episode, Kevin digs into Cost Segregation, Tangible Property Regulations, and Partial Asset Dispositions, illustrating their interconnectedness with real-world examples. Discover the opportunities each strategy unveils, and don't miss our discussion on the often-overlooked tax incentives for real estate.
Key Takeaways:
Strategic Concepts Explored
How to Tak...
2024-03-1145 min
Vital Strategies016 | How to Transition Out of Your Business: Exit Strategies with Derek RippHave you ever considered what makes your business truly valuable? Join us as we unravel the key component that could redefine the worth of your company.
In this episode of the Vital Strategies Podcast, we sit down with Derek Ripp, a leading expert in Business Exit Planning. Together, we explore the intricacies of the 5, 4, 3, 2, 1 method - emphasizing proactive planning over reactivity. We take a look at business exit plan from the seller and buyer point of view and how to maximize your businesses value.
A standout moment in our conversation revolves around identifying the singular...
2024-03-1140 min
Vital Strategies015 | How to Deduct Life Insurance Premiums with Ken Crabb
Have you ever thought about the tax implications of your life insurance plan? Ken Crabb, the mind behind Restricted Property Trust, did and created a groundbreaking solution.
In this episode we welcome Ken Crabb, the visionary creator of the Restricted Property Trust (RPT). Over 25 years ago, Ken embarked on a quest to find a structure for tax-deductible life insurance and ended up creating one of the most innovative solutions in the field.
In this discussion, Ken shares the essence of the RPT, emphasizing the importance of structuring life insurance plans with a sound business purpose. L...
2024-03-1148 min
Vital Strategies014 | Strategic Tax Planning, Cashflow Management, and Effective Wealth-Building: Listener Q&ASecuring long-term financial freedom requires careful consideration of cashflow and making calculated investments without jeopardizing business growth. Entrepreneurs must conduct their due diligence by implementing tax strategies, maximizing retirement plans and deductions, and should always consult with professionals to navigate the complexities of financial management successfully.
In this episode, you’ll also hear:
Leveraging family business tax benefits and deductions
Drawbacks of getting your taxable income to zero
Proactive vs. reactive approach to taxes
Real estate investing, automation, and maintaining liquidity
Suggestion for working with financial professionals
Must-listen moments:
[00:06:30] If your CPA is over their h...
2024-03-1130 min
Vital Strategies013 | Creating Lasting Wealth - Beyond Entrepreneurial Myths and Real Estate HypeThere are 3 key components to building real, sustainable wealth, and they aren’t as effortless as the fun, flashy, or as easy as online gurus make it seem.
One of those keys is owning a profitable online business. However, while entrepreneurship CAN create wealth, it comes with several cautionary tales. With a lens on the tough road to business ownership, we discuss the essential qualities for success—having a solid 'why,' controlling impulses, and fostering innovation.
To create long-lasting wealth, your choice in investments is key. Strap in as we divulge the ins and outs of...
2024-03-1117 min
Vital Strategies012 | How to Optimize Your Investment Portfolio with Kevin SmithLiquidity, market shifts, and risk return —what do they mean for your investment portfolio? Get the answers today!
On the latest Vital Strategies Podcast episode, host Patrick Lonergan welcomes Kevin Smith, CFA, for a deep dive into building a resilient investment portfolio. Kevin brings his top-tier industry expertise to discuss liquidity, time frames, tax implications, and risk management. The conversation explores the positives and negatives of various investment opportunities, emphasizing the importance of strategic portfolio structuring for favorable outcomes.
Kevin’s wealth of experience provides listeners with a deeper understanding of investment portfolio design and risk...
2024-03-111h 05
Vital Strategies011 | The Captive Insurance Advantage: How to Own an Insurance Company with Chad SpitzerCaptive insurance is a cutting-edge strategy that could change the way you protect your business.
In this episode, we explore the versatility of captive insurance for asset protection and business security. Discussing its ideal applications; IRS compliance and how captive insurance could lead to substantial savings for your business.
Joining us for this discussion is Level 3 tax expert, Chad Spitzer. Chad specializes in developing captive insurance solutions to safeguard businesses. In today’s episode, Chad provides practical examples and red flags to navigate, making it an essential listen for those seeking advanced strategies to fortify th...
2024-03-1134 min
Vital Strategies010 | Level 3 Tax Planning: Secrets to Tax Optimization and How to be Compliant with the IRSConsidering advanced tax planning but unsure about the benefits and pitfalls? We've got the answers you need.
In this episode, host Patrick Lonergan, navigates the complexities of Level 3 tax strategies, where creativity meets a fair amount of risk. While these strategies undergo close scrutiny from the IRS, we provide insights into how the right approach can ensure compliance and unlock substantial benefits. We take a look into taxes from the government's perspective, offering a deeper understanding of compliancy, and pack the episode with real-world examples and essential considerations for a proper setup.
Join us, as w...
2024-03-1117 min
Vital Strategies009 | How to Maximize Value When You Sell Your Businesses with David BarnettWhen planning to sell your business, having a strategic exit plan in place is crucial to ensure a successful transition.
Join podcast host Patrick Lonergan along with business exit-plan expert David Barnett as they guide you through the process of buying and selling businesses.
With over 25 years of experience, David shares unique insights to help entrepreneurs navigate the complexities of selling their businesses.
This episode explores the details of typical exit strategies with real-world examples and practical tips.
You’ll discover the art of structuring a deal that benefits both sellers an...
2024-03-111h 04
Vital Strategies008 | Planning for Success: A Roadmap to Your Best Year YetLet’s make 2024 your best year yet!
In this episode, podcast host Patrick Lonergan digs into key strategies to ensure you are set on course for success in the new year.
Learn the importance of working on the business, not just in it, developing a long-term success strategy, identifying limiting beliefs, setting goals, establishing primary objectives, and crafting a compelling vision.
Packed with resources and tools, this episode provides a roadmap for listeners to navigate towards their most successful year.
Key takeaways:
Develop a robust strategy for long-term success
Set cl...
2024-03-1132 min
Vital Strategies007 | Utilizing Employee Stock Ownership Program (ESOP) to Maximum Benefit with Brad EthridgeEver thought about how successful entrepreneurs prepare for selling or transitioning their businesses? Today, we're discussing the benefits of selling to an Employee Stock Ownership Plan (ESOP) with podcast host, Patrick Lonergan and seasoned business professional, Brad Ethridge.
Brad Ethridge is well known in the business landscape with a career spanning back to 1985. With experience in individual financial planning, leading international sales and marketing, and launching several successful businesses, including multiple Insurance Marketing Organizations (IMOs), Brad's entrepreneurial prowess is unparalleled. He is recognized for his expertise in Business Exit Strategies, particularly with a focus on ESOPs. Brad's...
2024-03-1156 min
Vital Strategies006 | Business Owner Retirement Plans: A Deep Dive into Level 2 Tax Planning with Bruce GendeinHave you ever wondered how a Cash Balance Plan can help reduce your tax burden while supercharging your retirement savings?
In this episode of the Vital Strategies podcast, we welcome Bruce Gendein, an expert in maximizing retirement plans for business owners. Bruce's decades of experience in level 2 tax planning shine through as he explores the flexibility of Cash Balance Plans.
In our conversation, Bruce provides innovative solutions for business owners, aiming to both minimize tax liabilities and build wealth efficiently. This episode is a valuable resource for business owners and those interested in tax-efficient financial...
2024-03-111h 02
Vital Strategies005 | $10,000.00 Tax Savings ChallengeDon't miss out on the limited-time opportunity to save $10,000.00 by accessing our exclusive free resources at 5minutetaxmakeover.com.
In this episode of the Vital Strategies Podcast, your host, Patrick Lonergan, announces a time-sensitive opportunity for listeners to save $10,000.00 in taxes. Covering topics like home office deductions and short-term rentals, adding your family on the payroll and fringe benefits, Lonergan not only highlights key deductions but also guides listeners on proper implementation.
Additionally, he introduces the REACH acronym for living a great life, breaking down strategies beyond finances. Tune in before the year-end deadline for practical...
2024-03-1113 min
Vital Strategies004 | Mastering Level 2 Tax Strategies: Rarely Used Tax Strategies for the Business OwnerDiscover the untapped potential of Tax Planning Strategies for tax deferral and financial security.
In today's episode of the Vital Strategies Podcast, we explore Level 2 Tax Planning strategies that, when implemented with investment, can potentially save you over $150,000 in taxes. From understanding the intricacies of Traditional and ROTH IRAs to exploring advanced techniques like the Backdoor ROTH conversion and funding ROTH IRAs for your kids, we've got you covered. We'll crunch the numbers, offering real-world examples to illustrate how these strategies can work for you.
Don't miss out on this comprehensive guide to advanced tax...
2024-03-1112 min
Vital Strategies003 | Level Up Your Tax Planning: In-Depth with Level 1 Tax Expert Walt DallasAre you maximizing the potential of business development corporations, retirement plans, and stock ownership in your financial strategy?
In this episode, we take a look at how these can help you build a solid financial foundation.
Joining us for the discussion is Level 1 tax expert, Walt Dallas. Walt’s areas of expertise span income tax planning, estate tax planning, business succession planning, trust administration, estates, probate, estate planning, corporations, partnerships, limited liability companies, asset protection, and tax litigation.
Tune in to empower your tax planning and embark on a journey towards financial em...
2024-03-1142 min
Vital Strategies002 | Level 1 Tax Planning: Opportunities Every Entrepreneur Should ConsiderAre you interested in discovering how to legally pay less taxes and keep more of your income? In this episode, we’ll help you understand how.
Senior Financial Advisor, Patrick Lonergan explains Level 1 tax strategies and the importance of proper documentation. He offers practical write-off examples and discusses five straightforward strategies that anyone can implement immediately.
Key Takeaways:
• Write off examples for tax savings
• Real estate deductions
• How to include your kids on the payroll
Resources:
Read the Transcript
Submit questions to the podcast
Credits:...
2024-03-1117 min
Vital Strategies001 | An Introduction to Proactive Tax Planning for EntrepreneursHow much quicker could you be financially free if you didn't have to give so much money to the IRS? Imagine paying up to 40% less in taxes and using those savings to create cherished family memories, supercharge your business growth, or invest in real estate.
In this opening episode, Vital Strategies founder Patrick Lonergan challenges the status quo of accepting a large tax bill and discusses the importance of proactive tax planning.
Over the past two years, Patrick’s proactive tax planning service has successfully saved our clients a remarkable $8.5 million, with an average annual savings...
2024-03-1110 min
Vital Strategies000 | Welcome to Vital StrategiesIn a world where tax laws are constantly changing, staying ahead of the game is crucial. That's why we've created the Vital Strategies Podcast, your go-to resource for cutting-edge insights, expert advice, and practical tips to navigate the complex world of taxes and financial planning.
Whether you're an established entrepreneur or just starting out, our podcast is tailored to meet the needs of business owners like you who are seeking to save on taxes, build wealth, and achieve long-term financial success.
Vital Strategies host Patrick Lonergan has been helping entrepreneurs navigate the complexities of business...
2024-03-1101 min
Retirement Tax Services PodcastPremium Tax Planning for Premium Fees with Patrick LonerganIn this episode Steven kicks off the year with an incredible discussion with Patrick Lonergan all about helping high earning business owners save hundreds of thousands of dollars in taxes, every year! Yes, the dollar savings are higher because the income is higher but the strategies are not proprietary, they are worth considering for any business owner and worth revisiting year after year to make sure they are being consistently taken advantage of. Patrick openly shares his progression with incorporating tax planning and how he used tangible tax savings he could quantify to make sure he was charging a...
2024-01-0128 min
The Note Closers Show PodcastCreate More Wealth & Pay Less Taxes with Patrick LonerganWe all want to create more wealth without having to pay Uncle Sam a lion's share in taxes. That's why Scott Carson brought on Patrick Thomas Lonergan for this episode to share some of his strategies for doing both.Patrick Lonergan owns Vital Strategies, and they work with entrepreneurs who make over $1,000,000 that have a tax problem. Patrick has been an entrepreneur and real estate investor for over 20 years. Currently with ownership in projects worth over $120 Million. He has built Vital Strategies to deliver tremendous value to entrepreneurs by creating tax and financial strategies to help them pay less...
2023-12-0748 min
The Note Closers Show PodcastCreate More Wealth & Pay Less Taxes with Patrick LonerganWe all want to create more wealth without having to pay Uncle Sam a lion's share in taxes. That's why Scott Carson brought on Patrick Thomas Lonergan for this episode to share some of his strategies for doing both.Patrick Lonergan owns Vital Strategies, and they work with entrepreneurs who make over $1,000,000 that have a tax problem. Patrick has been an entrepreneur and real estate investor for over 20 years. Currently with ownership in projects worth over $120 Million. He has built Vital Strategies to deliver tremendous value to entrepreneurs by creating tax and financial strategies...
2023-12-0748 min
Fragout PodcastSE4 #175 Patrick Dunn- OG Guest- Army/Iraq VeteranPatrick Dunn came back on the podcast.. he was the second podcast I ever did at my kitchen table. He saw the studio for the first time and got a sweet bag of swag! Damn good to see you and catch up!
2023-02-192h 12
Rise Productions: Irish Theatre PodcastEpisode 20: Patrick Lonergan
One of the most vital voices in Irish theatre, Patrick Lonergan is an academic with an unique perspective on the industry. Here we chat about discovering his love of theatre at Belvedere, the excitement around Dublin theatre in the early 90s, the importance of the digitised archive at NUIG, and the potential for change presented by Galway 2020. It’s the Rise Productions: Irish Theatre Podcast, Series 2, Episode 20 – Enjoy!
2018-03-2300 min
AbbeyTheatreThe Theatre of Memory Symposium - Prof. Patrick Lonergan on 'Archiving the next Play'Prof. Patrick Lonergan debates 'Archiving the next Play' at The Theatre of Memory Symposium at the Abbey Theatre.
[17 January 2014]
2014-02-0517 min