Episode Summary
In this episode of The Retiring Entrepreneur Podcast, I interview Matt Hudgins. Matt is a business coach and co-founder of the ProfitabilityMD Podcast. As such, he helps business owners grow revenue, increase cash flow, eliminate taxes, and prepare to “Retire IN” their business. And free up more valuable time. In addition, Matt is the founder of Mosaic Wealth Management, an investment advisory firm based in Atlanta, Georgia.
However, what’s unique about Matt is how he positions himself as a wealth manager and business coach. As a wealth manager, he offers traditional financial planning and investment management services. Yet Matt also helps his clients turn their business into a wealth building tool by following his 10x Profit Blueprint.
Matt’s 10x Profit Blueprint
In this episode, Matt and I discuss how he works with established business owners to discover their A+ activities by leveraging the 80/20 rule. (80% of revenue comes from 20% of activities.) And how by focusing on these activities and empowering others to manage the business, owners can maximize their income while working fewer hours.
Additionally, we talk about the most common profit opportunities Matt sees with his clients that are often hidden in plain sight. Furthermore, we discuss what he believes are the four pillars of wealth when it comes to funding your lifestyle through retirement.
Lastly, be sure to listen to the end. You’ll find out why Matt believes every business owner needs a coach or mentor to be successful. In addition, Matt shares how he practices what he preaches to achieve his definition of success. That is, having the freedom to do what he wants, when he wants, wherever he wants, with whom he wants.
Whether you’re a business owner who feels overworked with little to show for it, or you’re simply looking for tips to unlock your business’s full potential, Matt’s wisdom and enthusiasm are sure to inspire you. So, with that, I hope you enjoy this episode of The Retiring Entrepreneur Podcast with Matt Hudgins.
Episode Highlights
- [06:51] Matt Hudgins describes his process for 10x Profit Blueprint.
- [09:32] The most common hidden-in-plain-site profit opportunities Matt sees when coaching his business owner clients.
- [15:34] The four pillars of wealth Matt Hudgins believes are necessary for business owners to ultimately have the business and lifestyle they want.
- [20:08] How to generate more cash in any business without spending more money.
- [25:03] Matt Hudgins’s time management process and how he avoids burnout through time blocking.
- [29:03] Why Matt Hudgins believes all business owners need a good coach or mentor.
- [47:19] Matt Hudgins offers a free gift to listeners that can help them find more money in their business without spending any money.