Modern Kingman

MK#76- Not Enough Time?

Part 1 Join us as we discuss what to do when there is too much to do, and not enough time.

MK#75- Small Business- Cashflow Quadrant

In this bonus episode of our small business series we break down Robert Kiyosaki’s Cash Flow Quadrant (ESBI) from the Rich Dad series. Learn the critical mindset shift from Employee and Self-Employed (trading time for money) to Business Owner and Investor (building systems and residual income). Discover practical examples like the bucket carrier vs. pipe builder story, why most people stay trapped on the left side of the quadrant, tax advantages of progressing to B and I, and actionable steps to start building pipelines of income while keeping your day job. A must-listen for anyone serious about financial freedom, entrepreneurship, and reclaiming your time. Highly recommend the full Rich Dad Poor Dad trilogy—once you see the quadrant, you can’t unsee it!

MK#74- Small Business- Exiting

Planning your exit from the business you built? In this final episode of our small business series, we break down exactly how to retire on your terms—without regret. We cover the real reasons owners step away and give you clear, actionable steps to build a company that holds its value without you.-Begin with the end in mind and start planning 3–5+ years ahead-Build your business to run and stay valuable without you (shift reputation to the company name, systems, and team)-Assemble your professional team early (accountant, lawyer, tax advisor) to protect value and minimize taxes-Clarify your personal “why”: money, health (physical or mental), family time, or legacy-Choose your exit path and follow the specific steps for each option-Prepare financially and emotionally so you don’t end up strapped or purposeless after the sale-Redefine your identity and purpose post-exit—have a plan for what comes next so you don’t become one of the 75% who regret sellingWatch to learn the 6 main exit styles (close doors, third-party sale, employee buyout, family succession, partial/recap, and IPO) with honest pros, cons, and real-talk warnings for each.#BusinessExitStrategy #HowToExitYourBusiness #SmallBusinessRetirement #StepByStepExitPlan #BuildToSell #BusinessSuccession #EmployeeBuyout #FamilyBusinessExit #RetireWithValue #AvoidSaleRegret #TheModernKingsman

MK#73- Small Business- Downturn

In this episode of our small business series, we break down exactly how to prepare your company for economic downturns, slow seasons, or unexpected setbacks. Here are the 5 practical strategies we cover: Limit Your Liabilities — Avoid overextending with monthly payments on equipment, vehicles, or office space. The businesses that survived 2008 had controlled debt they could actually handle when revenue dropped. Own what you can and be extremely careful with new credit. Build a Real Rainy Day Fund — Aim for 3–6 months of operating expenses if possible. At minimum, keep enough cash to pay off your debts and walk away cleanly if you ever need to. Peace of mind is worth more than you think. Build a Reliable, High-Performing Team — A small team of well-paid, efficient, and loyal people will carry you through hard times far better than a large group of low performers. Be honest with them early and treat them like partners. Diversify Your Revenue Streams — Don’t rely on one single source of income. Add complementary services, different client types, or new offerings within your expertise so one slowdown doesn’t take down the whole business. Lock In Your Clientele — Build real relationships and loyalty. Repeat customers and subscribers who know and trust you will stick around when times get tough, while chasing only new leads every month leaves you exposed. Watch until the end for real stories and hard lessons that could save your business when the next rough patch hits.

MK#72- Small Business- Burnout

In this episode of our small business series, we break down exactly what burnout looks like for owners, the top reasons it happens, and how to stop it before it destroys your business, health, and family. We cover the warning signs and then walk through practical, repeatable steps you can start using immediately. Here’s the practical framework we recommend for preventing burnout: -Build real systems and SOPs early so your business can actually run without you constantly in the trenches` -Delegate ruthlessly — hand off tasks to others who can do them 80-90% as well as you instead of trying to wear every hat forever -Set non-negotiable boundaries and protect your time — create clear unplug periods and treat them as seriously as any client meeting -Quickly fire bad clients and employees instead of holding on out of guilt or desperation -Get outside perspective regularly — whether through a coach, mentor, or simply stepping away to think and re-evaluate what you actually want Apply these steps consistently and you’ll build a business that supports your life instead of consuming it.