Tag Archives: Investing

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How to Protect, Grow and Exit Your Company (Ep.11)



During the life of a business whether it be a company that is big or small, business owners put in long hours, wear different hats, and are pulled in different directions with no shortage of stress.

In this episode, Jim McGovern talks about a clear path to follow so you can protect the company you have built, position this company for growth in the future, and exit the company on your own terms.

Jim discusses:

  • The differences between small businesses and public traded companies
  • The importance of the transferable value of your company
  • Protection in place to keep cash flow coming in the door
  • How retention incentives can help you reach business objectives
  • And more

Resources:

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The Fundamentals Of Investing (Ep.10)



Do you know what ingredients are in your investment portfolio, the recipe being used and why?

Do you know how markets work, the factors that influence your long-term returns, and what to expect out of your portfolio based on how it’s designed? Without an intuitive and logical framework to follow, investing can be confusing, intimidating, and frustrating. It doesn’t have to be that way.

In this episode, Jim McGovern outlines the fundamentals of investing and what most investors don’t know about building an efficient portfolio. He provides jargon free answers to common investment questions and breaks down investing into 3 easy to understand steps.

Jim discusses:

  • Four investment factors that can impact returns over time
  • How to calculate investment risk so you know what to expect as an investor
  • Investing strategies to help you understand why you’re investing in certain types of stocks or bonds
  • How to invest with confidence
  • And more

 Resources:

 Connect with McGovern Wealth Group:


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Financial Advice For Parents of Children with Special Needs with Judy Herron, CPA (Ep.7)



Every child is going to need different quantities of support from their parents.

How can you establish and navigate the support systems that your child requires?

In this episode, Jim McGovern talks with Judy Herron, CPA to discuss her story of raising her son Chaz and how she became proactive in creating his financial future, finding him support systems, and finding the right opportunities for someone who is ‘differently abled’.

Judy discusses:

  • How her work as an experienced CPA impacts small businesses 
  • What impact her son Chaz has had on her professional and personal life
  • What questions she asked herself early on about her disabled son’s future and how they helped curate his financial plan
  • Financial planning tips for parents with disabled children
  • And more

Resources:

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About Our Guest:

Start-up or established company, your financial information is essential for managing business performance. It’s always better to be clear on your financial position, and Judith can help you get there. Work with Judith to sharpen your focus on data that makes you an agile decision maker.




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What to Expect When Having Your First Conversation About Retirement (Ep.2)



Planning for your finances far in advance is always a good idea. However, planning for harsh financial circumstances is much more difficult.

In this episode of Maximizing Outcomes, Jim McGovern explains what clients can expect when having their first conversation with a financial advisor. He also goes into detail about the difference between a good and a great strategy when saving money for retirement.

Jim discusses:

  • What the first conversation with his team looks like using his unique four-step-process
  • The history of growth in his company by using their unique approach with clients
  • Strategies to use for avoiding or facing anticipated harsh financial circumstances
  • Strategies his clients have found successful when saving for retirement and managing their cash flows
  • And more

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