With Silicon Valley Bank and now Signature Bank both crashing over the weekend, I am joined by International Academy of Wealth Founder and ex Financial Advisor Mark Robinson to share what is the cause of these issues, how the Fed and Government are responding, are we seeing a repeat of 2008 rolling out and how will it affect us in New Zealand and Australia Thanks to Mark for joining me, if you would like to learn more about investing or the International Academy of Wealth, get started by taking your Investor Genius Test for FREE via this link https://app.geniusu.com/share/523d753d9e53?a_aid=yin

If you're interested in exploring the exciting world of Web3, it's essential to understand the risks involved and how to safeguard yourself against them. Unfortunately I had to learn the hard way after getting caught in no less than 3 different scams.

Join me on my journey by liking subscribing and commenting on my video Then attend the different events we are hosting in this circle to help build your wealth one step at a time. 

As boring a subject as it can be, having the right insurances are super important in building wealth. However, the type of insurance required varies based on individual circumstances. In this blog post, we will discuss the three levels of insurance that someone may require and the specific types of insurance that are necessary for each level. Level 1: Personal Insurance Personal insurance is the foundation of any insurance plan. This level of insurance is designed to protect you and your family from financial loss due to unforeseen events. The following types of insurance are necessary at this level: Health Insurance: This is perhaps the most important type of insurance as it covers the medical expenses that can arise due to injury or illness. Life Insurance: Life insurance provides financial support to your loved ones in the event of your untimely death. Disability Insurance: Disability insurance provides income replacement if you are unable to work due to an injury or illness. Long-Term Care Insurance: This type of insurance covers the cost of long-term care services that are not covered by traditional health insurance. Level 2: Asset and Investment Insurance The second level of insurance is designed to protect your assets and investments. The following types of insurance are necessary at this level: Homeowners Insurance: This type of insurance protects your home and personal property against damage or loss. Auto Insurance: Auto insurance protects you against financial loss in case of an accident. Umbrella Insurance: This type of insurance provides additional liability coverage above and beyond the limits of your existing policies. Flood Insurance: If you live in an area prone to flooding, flood insurance is a must-have. Level 3: Professional Insurance The third level of insurance is for business owners and professionals. The following types of insurance are necessary at this level: Professional Liability Insurance: This type of insurance protects professionals against financial loss due to a lawsuit. Business Owners Policy: A BOP provides liability and property coverage in a single policy. Workers’ Compensation Insurance: This type of insurance provides wage replacement and medical benefits to employees who are injured on the job. Cyber Liability Insurance: This type of insurance protects businesses against financial loss due to cyber-attacks. In conclusion, insurance is an essential aspect of financial planning and business management. Personal insurance, asset and investment insurance, and professional insurance are the three levels of insurance that someone may require. The specific types of insurance that are necessary depend on individual circumstances. By having the right insurance in place, you can protect yourself, your family, and your business against financial loss.

In recent years, the concept of solopreneurship has gained significant traction as more and more individuals are choosing to start their own businesses. Solopreneurs are essentially self-employed individuals who run their own businesses on their own. While solopreneurship can be an incredibly rewarding experience, it also comes with its own set of challenges. Let’s explore the pros and cons of being a solopreneur and help you determine if it's the right path for you. Pros of Being a Solopreneur: ✤ Complete Control: As a solopreneur, you have complete control over your business. You can make all the decisions, set your own schedules, and choose which projects you want to work on. This can be incredibly liberating for those who prefer to work independently. ✤ Flexibility: Solopreneurship also provides a great deal of flexibility. You can work from anywhere, at any time, and can adjust your schedule to fit your lifestyle. This can be particularly appealing for individuals who want to balance work with family or other commitments. ✤ Increased Earnings Potential: When you work for someone else, your salary is often limited by your employer's budget. As a solopreneur, you have the potential to earn more money since your earnings are directly tied to your efforts and the success of your business. ✤ Personal Satisfaction: For many people, being their own boss and building something from scratch can be incredibly rewarding. There's a sense of pride and personal satisfaction that comes with running a successful business, especially one that you've built on your own.   Cons of Being a Solopreneur: ✤ Isolation: One of the biggest challenges of solopreneurship is the isolation that comes with working alone. Without colleagues or a team to bounce ideas off of, it can be difficult to stay motivated and inspired. This can be particularly challenging for extroverted individuals who thrive on social interaction. ✤ Overwhelming Workload: As a solopreneur, you're responsible for everything from accounting and marketing to customer service and product development. This can be overwhelming, and it's easy to burn out if you don't manage your workload effectively. ✤ Financial Risk: Starting a business always involves some level of financial risk, but as a solopreneur, you're solely responsible for the success of your business. If things don't go as planned, you may not have a safety net to fall back on. ✤ Limited Expertise: No one can be an expert in everything, and as a solopreneur, you may find yourself lacking in certain areas. For example, you may be a great graphic designer but struggle with accounting or marketing. This can be a significant challenge, especially in the early stages of your business. Is Solopreneurship Right for You? As with any career path, solopreneurship has its pros and cons. Ultimately, the decision to become a solopreneur should be based on your personal goals, strengths, and preferences. If you thrive on independence and are willing to put in the hard work required to build a successful business, solopreneurship may be a great fit for you. On the other hand, if you value collaboration and are risk-averse, you may want to consider other career paths. Regardless of whether you choose to become a solopreneur or not, remember that there's no one-size-fits-all approach to entrepreneurship. Your journey will be unique, and it's up to you to make the decisions that are right for you and your business.