Small Business Big Money™ – Details, episodes & analysis

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In this podcast episode, Gina Knox interviews Patti Calkins, a myofascial therapist and business owner, about her journey in entrepreneurship, financial growth, and the challenges she faced along the way. Patti shares her experiences of starting her business, the financial strategies she learned in Money School, and her evolving approach to managing her owner's pay and personal finances. The conversation highlights the importance of financial education and the impact of coaching on business success. In this conversation, Gina Knox and Patti Calkins explore the evolution of money mindsets across generations, the impact of overspending, and the importance of financial education. They discuss personal experiences with debt, retirement planning, and the significance of instilling financial stability in future generations. The dialogue emphasizes the need for proactive financial management to avoid the cycle of poverty and ensure a secure future.

Patti is the owner of Exhale Myofascial Release RVA in Richmond, Virginia. She opened her business, specializing in myofascial release in 2022. She made the choice to go to massage school following years of working as a physical therapist assistant.She has in three years grown her business to $250k with employees.

Website: http://www.exhalemfr.com/
Instagram: @exhalerva
Facebook: Exhale Myofascial Release RVA

00:00 - Introduction to Patti Calkins
03:37 - Financial Growth and Challenges
08:51 - Transformative Year in Money School
14:02 - Owner's Pay and Financial Management
18:08 - Generational Shifts in Spending Mindset
20:13 - Understanding Money Mindset and Overspending
22:44 - Navigating Debt and Financial Decisions
24:30 - Retirement Planning and Financial Security
26:21 - The Importance of Early Retirement Savings
30:49 - Financial Stability for Future Generations
32:39 - Breaking the Cycle of Financial Instability

Category: Entrepreneurship

Keywords: entrepreneurship, financial growth, myofascial therapy, MFR Coach, MFR, business coaching, small business, money management, personal finance, owner’s pay, coaching, business success, money mindset, overspending, retirement planning, financial security, generational wealth, budgeting, debt management, financial education, wealth building, financial stability

In this heartfelt conversation, Gina Knox interviews her mother, Aracely Knox, exploring the profound lessons learned about money, family values, and personal growth throughout different stages of life. They discuss Aracely's childhood, her cultural background, and how these experiences shaped her approach to spending and budgeting. The conversation delves into the importance of quality over quantity in purchases and the significance of shared family goals in achieving happiness and security. In this conversation, Gina Knox shares her insights on family traditions, financial preparedness, and the importance of facing death with acceptance. She reflects on her evolving relationship with money as she transitions into a new chapter of life, emphasizing the significance of values and wise spending. Gina encourages open discussions about death and financial planning, highlighting the need for organization and clarity in these matters. She concludes with valuable life lessons on prioritizing what truly matters and avoiding unnecessary expenditures.

00:00 - Introduction to Family Values and Lessons
02:50 - Childhood Memories and Parental Influence
05:45 - Cultural Background and Family Heritage
09:05 - Understanding Money in Childhood
11:52 - Transitioning from Youth to Adulthood
15:05 - Adulthood and Family Goals
18:04 - Value Spending vs. Justification Spending
28:05 - Family Traditions and Culinary Heritage
30:21 - Financial Preparedness for Life's Final Chapter
35:49 - Facing Death: Acceptance and Planning
42:04 - Evolving Relationship with Money
51:05 - Life Lessons: Values and Financial Wisdom

Category: Saving

Keywords: family values, money management, childhood lessons, cultural heritage, adulthood transitions, value spending, budgeting, thrift, personal finance, life lessons, family traditions, financial preparedness, death acceptance, money management, life lessons

In this episode, Gina Knox interviews Cara Kovacs, a feminist business mentor, about her journey to wealth building and the challenges she faced after her father's passing. Cara shares her experience with a financial advisor who mismanaged her money and her decision to take control of her finances. She also discusses the process of dealing with her father's hoarded belongings and the unexpected and humorous discoveries she made. The conversation highlights the importance of understanding personal finances and the administrative work involved after a loved one's death. In this conversation, Cara shares her experience of grieving the loss of her father and the challenges she faced in handling his financial affairs. They discuss the emotional rollercoaster of grief, the need for self-compassion, and the importance of finding the lessons and growth in difficult experiences. They also touch on the desensitization to money and the arbitrary indicators of success in business. The conversation ends with a lighthearted discussion about Cara's father's unconventional will and their shared laughter.

00:00 - Introduction and Background
02:25 - Motivation for Working on Wealth Building
04:12 - Challenges with Financial Advisors
12:58 - Dealing with Personal Loss
15:31 - Arriving and Discovering Hoarded Belongings
21:14 - Humorous Discoveries and Anecdotes
26:06 - Grief and Administrative Work
27:48 - Navigating the Emotional Rollercoaster of Grief
32:06 - Finding Growth and Self-Discovery in Grief
37:04 - Desensitization to Money: Viewing Assets vs. Personal Worth
39:33 - Redefining Success: Moving Beyond External Indicators
43:08 - The Quirks and Humor of Unconventional Wills

Cara Kovacs is a Business Mentor for feminist progressive, heart-led service providers. Named as one of Wanderlust’s 35 Under 35 to Watch in Wellness, she has sold over $1,000,000 in coaching packages since 2018. With a background in feminist theory and social work, she graduated Magna Cum Laude from the University of Florida with a degree in Women’s Studies, where she did research on social justice and intersectionality before attending New York University’s Silver School of Social Work.

Dual certified as a coach, she specializes in bringing trauma-informed, ethics-based approaches to heal the toxic-capitalism, white supremacist BS that happens far too often in the coaching industry.

When she asked her clients what word they would use to describe the style of her work they replied with “Honest.” She takes business building, entrepreneurship, and online marketing and blends it with a humanizing approach that helps the anticapitalist, radical, progressive business owners out there heal their resistance to selling and scaling their services.

Website: www.carakovacs.com 
Instagram: www.instagram.com/carakovacscoaching 

Category: Wealth

Keywords: wealth building, financial advisor, personal finances, administrative work, hoarding, grief, grief, self-compassion, growth, desensitization to money, indicators of success, unconventional will

In this episode of Save 6 Figure with Gina Knox, Gina continues the "Secrets of a Trust Fund Baby" series, diving deeper into wealth-building strategies.

The focus of this episode is on romanticizing delayed gratification. Gina emphasizes that wealthy individuals prioritize their deeper desires over instant gratifications. She shares her personal example of choosing to fund her taxable brokerage account before buying a luxury belt and bag, highlighting the power of intentional prioritization. Gina invites listeners to consider their own desires and join her Seven Figure Wealth mastermind, which offers guidance on creating income-generating portfolios and leveraging financial strategies to achieve wealth.

Applications for the mastermind close on Friday, September 29th. Apply today at https://ginaknox.co/mastermind to start your journey to a wealthier future.

In this episode of Save 6 Figure with Gina Knox, Gina brings back the popular series "Secrets of a Trust Fund Baby," Gina dives into the financial power move of renting. She begins by debunking the common misconception that renting is equivalent to throwing money away. Gina emphasizes that owning a home comes with numerous expenses that don't contribute to equity, such as property taxes, mortgage interest, and repairs.

As a renter, Gina highlights the benefits of having a fixed monthly rate and not being responsible for unforeseen maintenance costs, which can be substantial. She uses her own experience as an example, where her landlords had to cover a $15,000 HVAC replacement, a cost she didn't have to bear. Gina then presents a compelling case by doing a 30-year financial projection, showing how a renter who invests the money saved on homeownership expenses can potentially amass a substantial portfolio.

She challenges the traditional narrative that homeownership is the ultimate path to wealth-building, emphasizing that renters can achieve financial success by investing wisely. Gina encourages listeners to consider their financial goals and desires before deciding to buy a home, emphasizing that renting can indeed be a powerful financial move.

If you're ready to take control of your finances and make your dreams a reality, check out Gina's 7 Figure Wealth program at www.ginanox.co/mastermind.

Don't miss this opportunity to finish the year strong and start funding your true desires. Apply now, and you could be on your way to a wealthier future.

Gina takes you behind the scenes in a unique "fly on the wall" experience. She delves into how she manages multiple financial priorities simultaneously, a common challenge many of her clients face. Gina outlines five financial priorities she's working on: reaching a $100K balance in her taxable brokerage, purchasing a $450 belt, buying a $1,390 Totem T-Lock bag, considering an $8K life coaching program, and aiming for $100,000 cash in her business bank account. She shares her thought process and decision-making criteria for prioritizing these goals, emphasizing creativity over restriction. Gina also highlights the importance of aligning financial decisions with your true desires and invites listeners to explore her 7 Figure Wealth program to achieve their wealth goals.

If you're ready to take control of your finances and make your dreams a reality, check out Gina's 7 Figure Wealth program at www.ginanox.co/mastermind.

Don't miss this opportunity to finish the year strong and start funding your true desires. Apply now, and you could be on your way to a wealthier future.

In this episode of "Save 6 Figures with Gina Knox," Gina dives into the topic of wealth building outside of your business. She emphasizes the importance of having an income-generating portfolio that can provide financial security, allowing entrepreneurs to pursue their business goals without the burden of financial stress. Gina shares her personal experiences and how investing has helped her achieve her launch goals more peacefully.

She highlights that even if you've missed a launch goal or faced setbacks, creating an income-generating portfolio can be a powerful way to enhance your financial stability and creativity. Gina discusses the emotional aspects of wealth building and how 7 Figure Wealth provides both strategic guidance and emotional support for entrepreneurs looking to build wealth. The episode underscores the value of having a dedicated space to talk about money and process the emotions associated with it.

Enrollment for the 7 Figure Wealth Mastermind is currently open until September 29th, offering entrepreneurs an opportunity to gain financial peace and support in their wealth-building journey. To apply, visit www.ginaknox.co/mastermind

In this bonus episode of the podcast Gina talks about the time she tested positive for COVID 2 days before she was set to fly out for a mastermind event and had to last minute switch to the virtual attendance option. She talks about how she committed to getting everything she needed, even as a virtual attendee, and how her experience has informed her decision to have a virtual option for the Wealthy Weekend Retreat Bonus for this round of 7 Figure Wealth.

Doors to 7 Figure Wealth open Monday September 18th at 8am cst. To qualify for the Wealthy Weekend Retreat Bonus you need to join 7FW within the first 24 hours! Make sure to mark your calendar and get ready to apply first thing Monday Morning.

 https://ginaknox.co/mastermind 

In the final episode of the "How Did Gina" series, we go over Gina's personal journey in learning about wealth and wealth building.

She delves into her early experiences with money, including her love for travel and how her father played a pivotal role in shaping her financial mindset. Learn how her father's mentorship, answering her "stupid questions," and guiding her through practical financial actions laid the foundation for her wealth-building journey. Gina also shares her plans for the upcoming Wealthy Weekend Retreat, where you can gain hands-on financial knowledge and receive personalized guidance, just as she did with her father.

For more details on 7 Figure Wealth and the Wealthy Weekend Retreat, visit https://ginaknox.co/mastermind 

In this episode of the "How Did Gina" series, Gina takes you behind the scenes on the process of acquiring her condo in the SF Bay Area while challenging the prevailing narrative that millennials can't afford homes.

Gina shares a step-by-step guide on real estate acquisition in high-cost-of-living areas, emphasizing the importance of gathering facts and dispelling negative beliefs. Discover the secrets to making your dream home a reality, and why diversifying your wealth portfolio through investing is a game-changer.

Join the waitlist for 7 Figure Wealth: www.ginaknox.co/mastermind