Lessons by the Lake: The Oswego Private Wealth Show

In this insightful episode of Lessons by The Lake, Bob Bedritis is joined by Paul Menig, a seasoned business strategist and succession planning expert. Together, they dive into the critical steps business owners need to take to maximize the value of their companies while planning for a smooth and successful transition.Paul shares his wealth of knowledge on aligning leadership, preparing for unforeseen events, and ensuring that businesses are set up for long-term success. Whether you’re a business owner looking to transition out or just curious about what it takes to future-proof your business, this episode is packed with valuable advice and actionable insights.Tune in for a deep conversation about planning for the future, keeping stakeholders aligned, and ensuring that you leave a lasting legacy.Chapters:0:00 - Introduction and overview on the topic of the show2:20 - Welcoming Paul Menig3:00 - The Game Plan5:50 - Executing as a Team and as Individuals08:20 - The Forces That Impact Businesses11:40 - People Power16:10 - Why 'Why' Comes First21:50 - Where to Improve First25:30 - Visual Instruction vs. Verbal32:00 - Trucking and Tracking35:00 - Closing Remarks and How to Get in Touch with Paul Menig35:30 - How to get in touch with Bob's teamConnect with Paul:Website: Businessaccelerants.comConnect with Bob Bedritis:Website: oswegoprivatewealth.comFacebook: facebook.com/Oswego-Private-Wealth-Management-106334761908104/

In this episode of Lessons by the Lake, Bob Bedritis sits down with David Howitt, founder and CEO of the Merriweather Group, to explore "The Founder's Journey." David, a visionary entrepreneur and author, has dedicated his career to helping businesses merge purpose with profit. Through the Merriweather Group, he supports passionate founders and leaders in creating companies that balance commerce and creativity.In this inspiring conversation, David shares his own entrepreneurial journey—the challenges, triumphs, and invaluable lessons he's learned along the way. Whether you’re an aspiring entrepreneur or a seasoned business leader, David's insights on building a purpose-driven business and embracing authenticity are sure to resonate. Tune in for a deep dive into what it really takes to build a successful company while staying true to your values.Chapters:0:00 - Introduction and overview on the topic of the show2:20 - Welcoming David Howitt4:00 - The Journey5:50 - Dave's Bread11:10 - The Abyss15:15 - Scaling Despite Difficulty18:50 - Human Connection22:00 - Macro and Micro Journeys26:40 - Higher Purpose and Community29:40 - The Space Between31:15 - Mentorship and Vision34:50 - How to get in touch with Bob's teamConnect with Bob Bedritis:Website: oswegoprivatewealth.comFacebook: facebook.com/Oswego-Private-Wealth-Management-106334761908104/

On the latest episode of Lessons by the Lake, we're discussing the intersection of wealth management and accounting with Robert Curtis, CPA. As the founding member of Neumann Curtis CPA's, Robert speaks intimately on the true role of a great advisor.This episode is packed with some helpful takeaways for your own financial world, so get your notepad ready!Chapters:0:00 - Introduction and overview on the topic of the show3:20 - Welcoming Robert Curtis, CPA9:00 - The Neumann Curtis Niche14:10 - One Size Does Not Fit All17:10 - Asking the Right Questions19:40 - Communication at The Client Perspective23:10 - Exit and Succession Planning25:40 - Proactive Advisor vs. Historian28:50 - How to Get in Contact with Rob29:35 - How to get in touch with Bob's teamConnect with Bob Bedritis:Website: oswegoprivatewealth.comFacebook: facebook.com/Oswego-Private-Wealth-Management-106334761908104/

On the latest episode of Lessons by the Lake, we're examining a widely discussed but little understood topic among entrepreneurs and business leaders. We we fortunate to welcome Craig Wigginton, professional EOS implementer. Craig helps entrepreneurial leadership teams get what they want out of their businesses through the implementation of the Entrepreneurial Operating System. Through education, coaching, and facilitation, he has helped dozens if not hundreds of business make the etherial word vision, a reality.This episode is packed with some helpful takeaways for your own financial world, so get your notepad ready!Chapters:0:00 - Introduction and overview on the topic of the show2:00 - Welcoming Craig Wigginton6:00 - Habits10:30 - The Magic's in The Details13:00 - The Glass Ceiling of Individual Performance 15:30 - Communication is What You Hear18:00 - The Tools of Successful Delegation20:40 - The Most Common Bad Habits 23:20 - Systemized Kind Communication25:00 - Closing Remarks26:35 - How to get in touch with Bob's teamConnect with Bob Bedritis:WebsiteFacebookYouTube

On the latest episode of Lessons by the Lake, we're diving deep into the core concepts surrounding wealth management, as well as the most prevalent concerns facing business owners and their financial world. We we fortunate to welcome Joe Jraitiny, Managing Director at City National Rochdale, to discuss these five pillars of wealth and how his team plays a crucial role in upholding these pillars for clients nationwide. This episode is packed with some helpful takeaways for your own financial world, so get your notepad ready!Chapters:0:00 - Introduction and overview on the topic of the show2:07 - Bob's relationship with Joe Jraitiny 6:37 - The Five Strategic Pillars of Wealth9:57 - Leveraging the expertise from a team of advisors12:06 - An area of your financial world that is often overlooked17:32 - The ideal timeframe for thinking about selling your business22:21 - Longevity planning and where this fits in your financial world26:08 - How you can get in touch with Joe and his team at City National Rochdale28:35 - How to get in touch with Bob's team29:07 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube

In the latest episode of Lessons by the Lake, we're joined by Kristin Gaston, Estate Planning Attorney at Generations Estate Law, to delve into the impending changes to estate tax exemptions.As the sun sets on current estate tax regulations, Kristin Gaston sheds light on what this means for individuals and families planning their estates. With her wealth of knowledge and experience, she navigates the complexities of estate planning, offering invaluable insights into strategies for adapting to the evolving tax landscape.Chapters:0:00 - Introduction and overview on the topic of the day2:27 - Background information on Kristin Gaston8:51 - What business owners and their families should be thinking about for their estate plans11:07 - States have their own estate and inheritance taxes14:33 - How you can reduce the taxes through proper planning16:36 - Planning ahead for family businesses19:40 - Leveraging charitable intent to curb taxes23:31 - Who should be on your team of professionals to assist with estate planning 24:45 - Control vs. ownership27:35 - How to get an estate plan review with Kristin and Generations Estate Law29:39 - The five most important concerns of business owners and affluent families30:54 - How to get in touch with Bob and his team32:17 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube

On the latest episode of Lessons by the Lake, we dive into the crucial topic of making your business more sellable and ultimately securing a higher price when it comes time to sell. Whether you're a seasoned entrepreneur or just starting out, understanding what makes a business attractive to potential buyers is essential for long-term success.We sat down with Adi Klevit, Founder & CEO of Business Success Consulting Group, to uncover the strategies and tactics that can significantly increase the value of your business. From optimizing your financials to enhancing operational efficiency, Adi shares invaluable insights gleaned from years of experience in the field.Chapters:0:00 - Introduction and overview on the topic 2:10 - Background on Adi Klevit and her work with improving business efficiencies3:54 - Why process is so important7:14 - Many businesses are far too dependent on their owner10:03 - Common mistakes that can be easily addressed within organizations11:46 - The importance of systematizing your organization15:45 - Strategies to retain your best employees 19:47 - How Adi works with company and ultimately helps increase their value23:27 - How to get in touch with Adi and her team25:00 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube

What he does, he's been doing since he was a 7-year-old dyslexic kid. At first, he believed the lie that he was stupid and would never be able to achieve anything. But then, he discovered that he had a super power of encouragement. Now, he utilizes that superpower to help create insight and breakthroughs for people looking to take their life and business to the next level!On the latest episode of Lessons by the Lake, we welcome Scott Ballard, Owner & CEO of Confidence Coach, LLC, to explore his unique relationship with business owners and the many challenges they face. Scott understands the struggles facing entrepreneurs in today's day and age, which allows him to provide a straightforward and warm approach to openly communicate about successes and obstacles. We've got a great conversation on tap for you, which is bound to leave you with some takeaways for yourself and your business! Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day1:13 - How Bob and Scott work with entrepreneurs at pivotal times in their lives3:18 - Scott's superpower and how he channels this9:00 - "What do you really want?"11:49 - Navigating 'what comes next' and the lies we're telling ourselves17:09 - Maximizing the value of your life's work19:58 - How Scott typically works with business owners24:32 - "I've sold my business. Now what?"28:50 - How to get in touch with Scott and his team to learn more30:30 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube

On the latest episode of Lessons by the Lake, we're thrilled to be welcoming Scott Bargaehr, CPA at Lewis Group, to discuss a very unique model of taxes and accounting that business owners, as well as individuals, could be leveraging in today's day and age. We'll discuss why this innovative approach is effective, how it works, and whether or not this makes sense for you and/or your business!Chapters:0:00 - Introduction and overview on the topic of the day1:45 - Bob's relationship with Scott and getting to know his work at the Lewis Group7:03 - Scott's background and life leading into the life of a CPA7:51 - Why Scott does what he does10:23 - The pricing and subscription model of the Lewis Group's services16:00 - The various services packed into Scott's subscription model19:03 - How Scott conducts his discovery with new clients22:26 - Leveraging bright minds to focus on things that aren't your unique strength29:05 - The importance of being prepared for the inevitable moments in life34:40 - How to get in touch with Bob and Scott's teams36:20 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube

On the latest episode of Lessons by the Lake, we're diving into the first step in the business succession process, Estate Planning. Joined by Justin Martin, President, Shareholder and Attorney at Myatt & Bell, P.C., we'll examine the countless considerations residing within estate planning for business owners in today's day and age, as well as some best practices utilized.This episode is packed with helpful information for business owners and you don't want to miss it! Enjoy!Chapters:0:00 - Introduction and overview on the topic of the day3:22 - Welcoming Justin Martin to the show4:58 - Justin's background and road to estate planning services 8:19 - You can still have a role in your business when you're helping your successor10:55 - Goals of succession planning13:07 - The process of the business transaction16:14 - Who is buying your business? 21:58 - The more complex your business, the bigger the need for a systematized approach25:36 - What happens when the surviving spouse dies? 32:16 - An overview on the taxes associated with estate planning39:26 - Strategically positioning your estate to maximize the value44:30 - How to get in touch with Justin and his team for more information47:30 - Closing remarksConnect with Bob Bedritis:WebsiteFacebookYouTube