DiscoverFinancial Foreplay® Podcast
Financial Foreplay® Podcast

Financial Foreplay® Podcast

Author: Rhondalynn Korolak

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Poor financial management is as fatal to your business and personal wealth as a photo of your parents on the bedside table is to your libido! If you want to protect the heart of your financial well being and get it to show you more love, you must understand and learn to prevent the most common causes of financial failure. Financial Foreplay® is the antidote to these lethal killers.

17 Episodes
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Send us a textInvesting in property is a time-consuming, stressful and non-transparent process. It is estimated that investors spend on average 200 hours looking for a property, including frustrating Saturday morning inspections. Typically there are 5-10 stakeholders involved, the process is unclear, and most are worried about making a wrong/poor decision. It is extremely hard to find the data and insights to know where and what to buy and at what price. BioMickael Roger is co-founder an...
Send us a textThere is no denying that COVID 19 has been particularly difficult for small business owners. With forced lockdowns and tightened restrictions to prevent the spread of the pandemic, many small business owners have had to dig deep in order to overcome these challenges and stay afloat. Today, I want to shine a spotlight on a fantastic retail business in Brisbane Australia that has not only survived, but literally thrived despite the global pandemic.I want to welcome Jennah Grimsey ...
Send us a textOver the past 24 months as the COVID 19 pandemic unfolded and progressed... it revealed an inconvenient truth about just how precarious the financial affairs of middle class households really are. We now have much greater clarity and certainty around the fragility of our finances – with around 80% of households forced to confront the fact they don’t have enough savings and are around 1 month away from losing their homes. Inadequate savings, lack of financial planning, and with l...
Send us a textRunning a business is challenging on many fronts not the least of which is that you have put your finances at risk to fund it. That is why it makes sense to proactively manage risk, reduce uncertainty and protect your livelihood wherever possible.Business insurance is one of those areas that is not often talked about. There are plenty of courses on social media marketing, leadership, even financial literacy... but surprisingly very few on how to protect the key assets you need t...
Send us a textIt may surprise you to hear that 2/3 of people accessing emergency relief are under extreme housing stress. In countries such as Australia, many adults are reporting that more than ½ of their disposable income goes to keep a roof over their head... leaving them little hope to save for a deposit. Plus according to Demographica, Australia is the only country in the world where 77% of the population is living in housing that is classified as severely unaffordable (defined as 6+ tim...
Send us a textApple is putting the finishing touches on a service that will let consumers pay for any Apple Pay purchase in instalments over time – which is a direct foray into the “buy now, pay later” market where key players such as Paypal, Klarna, Zip and Afterpay have dominated.This new Apple service will be backed by Goldman Sachs as the lender for the loans that support the instalments.This new buy now, pay later system could further drive and entrench Apple Pay adoption. Even more impo...
Send us a textTania Katsanis ran a multi award winning online business for 12.5 years called Flowers by Fruit. Tania built her business from the ground up – she was focused on "delivering happiness" not only to her customers but also for her team. Flowers by Fruit was revolutionary in redefining edible gifts. Tania and her team created edible chocolate strawberry and fruit bouquets and arrangements for any occasion. The brand and the business had a loyal following and had built a strong...
Send us a textWhether you are an investor, start-up, branded business, selling branded products or promoting your own brand, it is imperative that you take the necessary steps to safeguard your intellectual property. Intellectual property covers and protects more than just an idea or a concept – it shields genuine business assets that may be integral to your business and its long-term success.Intellectual property can consist of many different things – patents, trademarks, copyrigh...
Send us a textWe’ve been talking a lot in the last few episodes about cash flow and working capital, and the important (and often misunderstood) distinction between the two. And cash should be top of mind for everyone right now as we know from experience that going into the pandemic last year 50% of business owners only had 16 days of cash reserves (and 96% of all business owners had <26 days of reserves).As we are now moving into the recovery phase and most of the government sponsored inc...
Send us a textOne of the most important aspects of your success is how you start your day. Our expert guest Glenn Lundy wrote a book on the perfect morning routine because he says that having a powerful morning routine can literally change your life.Bio:Glenn Lundy is a husband to 1, a father to 7, and he is the host of the wildly popular Facebook Live show #RiseAndGrind. He’s been seen at places like Hustle and Grind Con, Grow Your Business For God’s Sake! and many more big stages across Ame...
Send us a textAccording to several independent studies (Statista projects & Edison) roughly 34% of adults in America, Canada, Australia and the UK now listen to podcasts on a monthly basis. With roughly 2m podcasts listed on Google, there’s an audience of well over 150m listeners globally and that statistic is growing at a rate of more than 20% each year.As people are time poor and have begun to rely more heavily on mobile devices, search engines are giving preference to podcast content, ...
Send us a textCyber security poses a very real and significant threat to both individuals and businesses yet very few are actually prepared for the gravity of this threat. Today’s episode is an expose of the scary facts that most victims wish they had known and appreciated before their worst nightmare came to fruition. I want to start by first painting a clear picture of what you are facing and then introduce our guest expert today who is going to tell you what exactly what you need to know a...
Send us a textAs a salesperson – and everyone is in sales whether you are selling a product/service, an idea or just yourself – there are few things more exciting than identifying and unlocking the Big “O”. With “O” being of course opportunities - closing deals, making sales, and influencing people to act.Not only do you put more cash in your wallet or get more people on board to back your idea... you are also building relationships and growing your influence.However, more often than not, you...
Send us a textIf you are like most small business owners I work with, you went into business because you are good at what you do – graphic design, hospitality, construction, farming, retailing etc.You may be one of the 95% of small business owners who discover that although you work like a dog every day, you have little to show for it. You may be feeling isolated because you don’t think there is anyone to discuss or share their greatest fears and challenges with.Which leads me to one area I’m...
Send us a textMoist. It’s one of those words that produces an intense reaction in people.The word “moist” can trigger a whole range of powerful and primitive reactions: arousal, disgust, aversion, nervousness, shame, and even... the giggles. This is true for both the person who says it and also for those who have to hear it.Strangely enough, it’s not the only “m” word in the English language that can activate a potent and primitive response. The only other “m” word that I’ve seen ...
Send us a textAccording to a recent Cost of living survey, most Australians have no savings at all. Over 10,000 people responded and only 38% reported having more than $5000 in savings, which is pretty poor. 23% admitted they could not find/raise $2000 in a week for something that was urgent and important. That’s put these numbers into perspective – the rule of thumb for emergency savings is that you should have a minimum of 3 months living expenses. Right now the average household in Au...
Send us a textToday’s topic comes courtesy of a very unlikely source for great business advice for entrepreneurs – the movie Moneyball. It’s the real life story of Billy Beane, the general manager of a major league baseball team that finds itself at the bottom of the ladder – the Oakland A’s. Crushed by the big budgets and big name players of teams like the New York Yankees and the Cleveland Indians, Beane is forced to take a risk and do something no team has done before – abandon...