How to FAIL as a Business Partner
Abrahams Wallet27 Mars 2024

How to FAIL as a Business Partner

So many of us what to start businesses and we want to have partners with us in these endeavors. Having a partner in your business can be amazing. But if not done well, it can also be devastating to your friendships, families and finances.

Today, I am sitting down with my good friend Lucas Cole to allow him to share his wisdom with us on how to start partnerships well and how to avoid mistakes that will lead to their downfall.

About Abraham's Wallet:

Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/donate/ AW website: https://abrahamswallet.com/2017/11/27/what-is-abrahams-wallet/ Apple Podcasts: https://podcasts.apple.com/us/podcast/abrahams-wallet/id1462593706 Spotify: https://open.spotify.com/show/6xbcf3IhayaoKB4sTegPRw?si=4M-m7mwUR0GigEkgrf3aJA YouTube full episodes: https://www.youtube.com/@abrahamswallet Twitter: https://twitter.com/abrahamswallet Facebook: https://facebook.com/abrahamswallet Instagram: https://www.instagram.com/abrahamswallet

Avsnitt(362)

DOUGH: Poverty 2- Scarcity Book Review

DOUGH: Poverty 2- Scarcity Book Review

Steven Manuel and Mark Parrett continue their conversation about poverty (10:30) as Mark reviews the book Scarcity: Why Having Too Little Means So Much, by Eldar Shafir and Sendhil Mullainathan. It describes, with research, how “not having enough” impacts people. It makes us stupid, insecure, impulsive, makes us spend money unnecessarily, etc. Mark tells about a dumb purchase he made at Princeton (38:30), dealings with poor tenants (44:30), hamster-wheel living (49:40), and all the gross things that a poverty spirit produces. Here at Abe’s Wallet… we hate poverty (and love PLANNING, which is one of the antidotes to it)!

26 Maj 20211h

HOME: How to HATE Poverty

HOME: How to HATE Poverty

Steven Manuel and Mark Parrett discuss the Biblical understanding of Poverty (8:00). They see that the Bible says poverty is a problem (16:30), that giving is something the poor can’t much do (27:00), that giving too much is unwise (41:30), and what God’s will is for the righteous (51:15) (hint: NOT poverty!). They waste the last few minutes talking about NBA playoffs (1:02:00). Goobers.

19 Maj 20211h 8min

HOME: from stay at home dad to biz leader

HOME: from stay at home dad to biz leader

Steven Manuel sits down with Ross Dykstra to discuss his miraculous transformation from insecure stay at home dad to leader of a booming construction business. Ross’ story is about God discipling him and his wife into their God-ordained roles, and the joy (and pain) that comes from engaging in that journey of obedience. Steven also can’t help himself from gushing about Ross’ physique…?

12 Maj 20211h 3min

HOME: Take Care of Your Stuff

HOME: Take Care of Your Stuff

Is it godly to maintain your property? We say yes. Mark and Steven talk about the biblical responsibility of maintenance (8:30), then interview with Blake Staley, owner of Drop Detailing in Salt Lake City, Utah. He talks about his family business and what you and I can do to better care for our cars (33:30), and shares tales of horror from a car detail professional (45:00). Don’t miss the discount code mentioned by Blake for high quality car maintenance supplies!

5 Maj 202152min

DOUGH: Bitcoin and Alternative Asset Classes

DOUGH: Bitcoin and Alternative Asset Classes

Mark Parrett and Steven Manuel sit down to discuss the weird wild world of alternative asset class investments, including crypto, gold, and... sneakers? Wondering whether it's smart to dip your financial toe into these volatile waters? Scared of "mission out on the action"? Wondering if it's (a different kind of) gambling (than normal market investing)? Tune in and listen up!

28 Apr 202141min

DOUGH: Bitcoin and Alternative Asset Classes

DOUGH: Bitcoin and Alternative Asset Classes

Mark Parrett and Steven Manuel sit down to discuss the weird wild world of alternative asset class investments, including crypto, gold, and… sneakers? Wondering whether it’s smart to dip your financial toe into these volatile waters? Scared of “mission out on the action”? Wondering if it’s (a different kind of) gambling (than normal market investing)? Tune in and listen up!

28 Apr 202141min

DOUGH: After Taxes… Now What?

DOUGH: After Taxes… Now What?

Mark Parrett and Steven Manuel talk about what to do AFTER you’ve turned in your taxes. They review the need to, you know, DO your taxes (9:00), whether tax refunds are a good or bad thing (11:30), when and when not to celebrate with unexpected money (16:00), wise steps to take if you received a big refund (21:10), the “safe harbor” tax provision (25:00), how to maximize standard deductions (29:20), whether or not you need a CPA (40:15)  …and Steven’s strange and ignorant fascination with jail time.

21 Apr 202148min

HOME: Sleep Training Babies

HOME: Sleep Training Babies

“What does this have to do with running my home like a Biblical boss?”, you may ax. If you do, you’ve never been in a home with a baby that won’t sleep. WARNING: this episode acts like sleep training a baby is inherently good. If you don’t believe that, you won’t like this episode–and let’s be clear: you are 100% allowed to not share our opinions about this issue… In this ep, Steven Manuel sits down with sleep training expert Samantha Beausejour who talks about the reasons for sleep training (10:20), how it creates a lead-in for discipleship (!) (26:10), and practical help (30:15) including good books to read, setting up the baby’s room, and a sample schedule. Eat! Wake! Sleep! your way to a happy baby home.

14 Apr 20211h 8min

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