Cash Flow with Pam Prior

Latest Episodes:

S4E14: Yards Brewing Co. Level Up IPA | Ticket Master HACKED & Someone Stole 10K From Me? Jun 04, 2024

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Disclaimer: The information in this video does not constitute Financial Advice. Consult with a Financial Advisor before making any decisions regarding your finances.

Get ready for a wild ride in the latest episode of Cash Flow! Pam kicks things off by exploring a fresh brew from Philadelphia's own, Yards Brewing Company – a real treat for your taste buds. Next, she dives into the massive Ticketmaster breach that exposed millions of users' data. And just when you think it can't get crazier, Pam spills the beans on a jaw-dropping personal hack that cost her over $10,000. She doesn't just leave you hanging, though – Pam dishes out some solid, no-nonsense advice to keep your finances safe. Tune in for a mix of must-know financial tips, juicy news, and a little beer tasting fun!

5 Key Lessons:

Password Security and Multifactor Authentication: Always use unique, complex passwords for your banking accounts and enable multifactor authentication for added security.
Daily Monitoring: Regularly check your bank transactions to catch any suspicious activities immediately.
Timely Reconciliation: Ensure your bookkeeper reconciles your bank account every month to spot unauthorized transactions early.
Notification Settings: Set up notifications for any transactions, particularly those above a certain threshold, to stay informed in real-time.
Understand Your Protections: Know the limitations of FDIC insurance and the coverage provided by your business insurance against fraud.

📰 On this week's What's News: https://mashable.com/article/ticketmaster-data-breach-shinyhunters-hack

Today's Brew🍺: Yards Brewing Co.'s Level Up Tropical IPA

About the Brewery: In the late 80s, two college pals started brewing for friends. Their passion turned into Yards Brewing Company, crafting some of Philly's favorite beers since 1994. They grew from a Manayunk garage to Northern Liberties, always supporting the community that helped them thrive. Founder Tom Kehoe and the Yards crew believe in giving back. They are committed to quality, community, and sustainability – their "Brew Unto Others" motto says it all. Raise a Yards and celebrate Philly's spirit with every sip.

Learn more about Yards Brewing Company: https://yardsbrewing.com/

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Produced by Francis Plata & Forward Press Media: www.forwardpressmedia.com

S4E13: New Trail Brewery I Love My State Parks | Buy Now, Pay Later: The Good, the Bad, & the Truth May 28, 2024

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Disclaimer: The information in this video does not constitute Financial Advice. Consult with a Financial Advisor before making any decisions regarding your finances.

We start things off with a hazy IPA from New Trail Brewery. It’s got those citrusy, hoppy notes that make it a must-try for craft beer lovers. Trust me, it’s a sip worth savoring. Next, we're shifting gears to something you’ve probably seen everywhere: "Buy Now, Pay Later" plans. They’re tempting, but are they worth it? And for all you business owners, especially those in service industries, offering payment plans can be a double-edged sword. I'll share tips on how to protect your business while still giving your clients the flexibility they crave.

✨ 5 Key Lessons:

Buy now, pay later plans can be tempting for buyers due to interest-free payment options, but borrowers should beware of the negative impact on credit scores and hefty late fees.
Monitoring payment plans in service-based businesses is crucial to avoid cash flow risks, especially during uncertain economic times.
Collecting most of the payment before delivering a service can protect businesses from financial instability caused by client non-payments.
Avoid paying commissions based on client contracts until the cash is collected to prevent financial losses for salespeople and businesses.
Disputes arising from payment plans can negatively impact businesses by leading to red flags with payment processors, affecting cash flow and business operations.

📰 On this week's What's News: https://www.morningbrew.com/daily/issues/phantom-debt

Today's Brew🍺: New Trail Brewery's "I Love My State Parks"

About the Brewery:

Craft beer enthusiasts and nature lovers, rejoice! Nestled in Pennsylvania's scenic landscapes, New Trail Brewing Company offers a unique blend of award-winning beers and a deep commitment to the outdoors. Founded with the goal of enhancing your adventures, New Trail beckons you to explore new terrains and create unforgettable experiences, all while enjoying a delicious craft brew. But their passion goes beyond the perfect pint.

They actively partner with local organizations to preserve Pennsylvania's natural beauty and implement sustainable brewing practices to minimize their environmental impact.

Learn more about New Trail Brewery: https://newtrailbrewing.com/

Support Pennsylvania's Parks and Forests: https://paparksandforests.org/

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S4E12: Southern Tier IPA, Women Redefining Entrepreneurship & Building Business Value May 20, 2024

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Disclaimer: The information in this video does not constitute Financial Advice. Consult with a Financial Advisor before making any decisions regarding your finances.

Hey there, hustlers! Ready to level up your business and secure your financial future? This week we're breaking down Cash Flow management, crafting a solid exit strategy, and empowering mid-career women transitioning to entrepreneurship. Whether you're just starting or refining your game, this episode is packed with insights just for you!

✅ 5 Key Lessons:

Mid-Career Professionals' Value: Mid-career exiters bring a wealth of experience, a strong network, and life-tested resilience that are invaluable in the entrepreneurial landscape.
Financial Preparation: Always keep your business financials separate and well-documented to build a clear financial history.
System and Process Documentation: Having clearly documented processes and systems can significantly increase your business's value.
Mental Preparation for Exit: Prepare yourself mentally for exiting your business; know that no one else will value it as much as you do.
Maximizing Exit Value: Selling your business can provide significant financial gain—more than just the profits you make while running it.

📰 On this week's What's News: https://www.forbes.com/sites/melissahouston/2024/05/04/how-mid-career-women-are-redefining-entrepreneurship/?sh=92289e76214b

Today's Brew🍺: I.P.A, Southern Tier Brewing Co.

About the Brewery: Southern Tier isn't about settling for what's comfortable. It's about exploration, questioning assumptions, and turning "what ifs" into groundbreaking "here's hows." This pioneering spirit fuels their wildly innovative brews, pushing the boundaries of what craft beer can be. Inspired by their founder, Phin DeMink, Southern Tier's rural heart beats with a relentless pursuit of discovery. They're always on the hunt for what's next, staying ahead of the curve with their unmatched creativity. This is an invitation for those who crave a different kind of beer experience. Southern Tier beckons you to join them on the road less traveled, where every sip is a stunningly satisfying encounter with the new.

✨ Fun Fact: Southern Tier Brewing Co has 10+ IPAs available to try!!!

Learn more about Southern Tier Brewing Co. : https://stbcbeer.com/

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S4E11: Mudhen Brewing Co. Wildwood Haze, Streamlining Workflows with A.I , Can Robots Replace Your Bookkeepers? May 14, 2024

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Disclaimer: The information in this video does not constitute Financial Advice. Consult with a Financial Advisor before making any decisions regarding your finances.
Welcome to another episode of the Cash Flow Podcast! This week, we dive into the transformative power of AI technology in business, with a special focus on cash flow management and content creation. Entrepreneurs, business owners, and tech enthusiasts—this episode is for you!

Episode Highlights:

👉 AI in Podcast Production: Discover how AI tools like Descript, Opus Pro, and Cast Magic revolutionize podcast production. Learn how these tools reduce editing time, enhance audio quality, generate video transcriptions, and create engaging social media clips.

👉 AI in Financial Management: Explore the integration of AI in financial operations, emphasizing the balance between AI efficiencies and human insights for complex financial decisions.

👉 Practical AI Use Cases: Gain insights into practical applications of AI tools in daily business practices to stay competitive in a fast-paced market.

Tools:

ChatGPT - openai.com

Claude - https://claude.ai

Google's Gemini - https://gemini.google.com/app

Firecut.ai - https://firecut.ai/

CastMagic - https://www.castmagic.io/

Opus.Pro - https://www.opus.pro/

Descript - https://www.descript.com/

Capcut - https://www.capcut.com/

Canva - https://www.canva.com/

Connect with Francis:

Francis' Email: francis@priorities.group

Today's Brew🍺: Wildwood Haze Double IPA, Mudhen Brewing Company.

About the Brewery: We're cruising down the shore today to MudHen Brewing Company in Wildwood, New Jersey. MudHen offers a welcoming atmosphere with delicious food and handcrafted beers made with premium ingredients. First up, we have Brewmaster Tony, a Cape May County native with a lifelong love of service and brewing. Tony's passion led him from homebrewing to Brewmaster at MudHen, where he strives to create joy with every beer.

Learn more about Mudhen Brewing Co. : https://mudhenbrew.com/

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S4E10: New Trail Brewery's Campsite Hazy Double IPA & Unpacking AI in Business with Francis Plata May 07, 2024

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Strap in and boot your systems up with your host, Pam Prior and our special guest, AI Expert, Francis Plata, as we crack the code on how Artificial Intelligence is spicing things up in the business world. From mom-and-pop shops to big-time operations, AI’s stirring the pot in ways you wouldn't believe!

Here’s what’s on the menu today:

AI and Workflows: It’s not just about robots taking your job. We're diving into how AI smooths out the rough edges, making things tick faster and smarter without breaking a sweat.
Rise of the Machines: Forget sci-fi movies, the future is here now. We're talking how AI is retooling jobs and carving out new roles for us humans.
Getting the Edge with AI: Learn the tricks to harness AI without stepping on any ethical landmines. It’s about being smart, not just fast.

So, if you’re a go-getter in the biz world or just a curious cat about tech, this episode’s baked just for you. Let’s roll up our sleeves, dive into the nitty-gritty, and explore the sparkly world of AI in business. Don’t miss out!

Mentioned Tools:

ChatGPT - ChatGPT (openai.com)
Claude - Claude
Google's Gemini - ‎Gemini - chat to supercharge your ideas (google.com)
Zapier - Login | Zapier
Quickbooks Intuit - Intuit QuickBooks Online - Quickbooks
Microsoft Vasa - VASA-1 - Microsoft Research
Frame by Brilliant Labs - Frame – Brilliant Labs
Heygen - HeyGen - AI Video Generator
ElevenLabs - AI Voice Generator &

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S4E9: Know Your Map with Ryan Deiss - Mentorship, Mistakes, and Millions Apr 30, 2024

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Join us in a revealing conversation with digital marketing guru Ryan Deiss on this episode! Dive into Ryan's entrepreneurial journey from his initial online ventures to his status as a leader in digital marketing with Scalable Co. Discover the vital role that mentors and a strong support system have played in his success, and how overcoming significant debt shaped his business acumen.

Ryan shares pivotal moments that transformed his business strategies and emphasizes the transition from being an operator to becoming an investor, which catalyzed sustained growth in his enterprises. He also explores the evolution of his business focus towards supporting agency owners and marketing professionals.

🤝 Work with Ryan:

📈 Scalable Co.: https://scalable.co/

💻 Digital Marketer: https://www.digitalmarketer.com/

🔗 Connect with Ryan:

Instagram: https://www.instagram.com/ryandeiss/

Twitter: https://twitter.com/ryandeiss

Facebook: https://www.facebook.com/ryandeiss/

LinkedIn: https://www.linkedin.com/in/ryandeiss/

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S4E8: Victory Brewing Company's Dirtwolf Double IPA, Unraveling the Mystery of Bitcoin Halving and Its Impact on Price Apr 22, 2024

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Disclaimer: The content in this podcast is for entertainment purposes only and does not constitute financial advice. Please consult with a financial professional to determine what may be best for your individual needs.

This week, we taste Victory Brewing’s Dirty Wolf Double IPA, connecting the dots between the complexities of craft beer brewing and cryptocurrency economics. We'll discuss how Bitcoin's halving events aim to preserve its value by reducing miner rewards, ensuring its scarcity with a capped supply of 21 million coins.

Key Take Aways:

Bitcoin Halving Explained: The Bitcoin halving is an event that cuts the reward for mining new blocks in half, occurring approximately every four years. This process ensures a finite supply of 21 million bitcoins, introducing scarcity into the ecosystem.
Bitcoin's Price Impact Post-Halving: Historically, the Bitcoin halving has preceded substantial increases in Bitcoin's price over time, although past performance is not indicative of future results, and caution is advised.
Mining Rewards Reduction: As halvings progressively reduce rewards for miners, the profitability for miners depends heavily on the price of Bitcoin, affecting their earnings and the potential interest in mining activities.
Scarcity Drives Value: The fixed supply of Bitcoin means that over time its rarity could potentially increase value as supply cap is reached, highlighting its anti-inflationary characteristic.
Blockchain Security: Each block in the blockchain contains a unique code tying it securely to the next block, ensuring a secure and tamper-proof chain of transaction history.

Today's Brew🍺: Dirtwolf Double IPA, Victory Brewing Company

About the Brewery:

Victory Brewing Company was founded by childhood friends Bill Covaleski and Ron Barchet in 1996 in Downingtown, PA. Starting with their love for quality beer, they built Victory on a foundation of traditional brewing techniques and a community-focused ethos. Today, Victory is known for its diverse and award-winning beers like Golden Monkey and Prima Pils, and its commitment to community through the Brotherly Love Community Fund.

The company has expanded significantly, now boasting multiple taprooms across Pennsylvania and a production capacity reaching 200,000 barrels, thanks to a state-of-the-art brewery in Parkesburg. Part of Artisanal Brewing Ventures, Victory continues to innovate and celebrate over 25 years of craft brewing excellence.

Learn more about Victory Brewing Company: https://victorybeer.com/

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S4E7: Delirium Tremens, Surviving the 2024 Earthquake, What to expect from your tax accountant Apr 16, 2024

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In this episode of the Cash Flow Podcast, Pam uncovers the rich history and unique taste of Delirium Tremens, her favorite Belgian beer, and draws an intriguing connection between beer tasting and business strategies. As businesses navigate through challenges like earthquakes and economic shifts, Pam emphasizes the critical need for adaptability and strategic foresight. She also clarifies the essential roles of CFOs in steering company finances away from common misunderstandings about accountants and CPAs. Get ready for a session filled with insights on resilience, financial management, and the finer things in life.

✨ 5 Key Lessons:

Unexpected events—natural or economic—can alter your business. Build a model that allows for flexibility and adaptation.
Identify your core expertise and be ready to pivot as the market demands. Change is the only constant.
Tax accountants are crucial for handling taxes and wealth protection, but their role is distinct from that of a CFO.
A CFO helps with broader business financial strategies such as profitability, forecasting, and financial planning.
Understand the unique financial needs and roles within your business to strategically grow and protect your wealth.

Today's Brew🍺: Delirium Tremens

About the Brewery:

Founded in 1654, Huyghe Brewery has evolved from its early days in Melle, near Ghent, to become a beacon of brewing innovation. Acquired by Leon Huyghe in 1906, the brewery underwent significant transformations, including surviving war requisitions and adapting to changing beer tastes. By 1988, Huyghe had introduced the world-renowned Delirium Tremens, with its famous pink elephant symbol, marking a new era of global recognition.

Today, led by Alain De Laet, Huyghe is known for its diverse array of beers, from traditional pils to exotic fruit beers and organic offerings, producing over 50 different types under its roof. The brewery prides itself on its ability to blend tradition with innovation, producing up to 23 mother beers and leveraging unique ingredients like quinoa and mango. Its expansive product line caters to a global audience, with 80% of its turnover coming from exports.

Huyghe Brewery remains a family-owned powerhouse, committed to quality and creativity, inviting beer lovers everywhere to experience the craft of fine Belgian brewing.

Learn more about Brouwerij Huyghe: https://www.brouwerijhuyghe.be/en

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S4E6: Know Your Map with Justine Lackey - Instincts, Data, and the CEO Mindset Apr 09, 2024

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Join us in a captivating episode of the Cash Flow Podcast where I sit down with the extraordinary Justine Lackey. Journey through Justine's entrepreneurial evolution, her strategic embrace of Michael Hyatt's 'double win', and her insightful exit from her bookkeeping firm. Discover the rejuvenating power of her sabbatical, the innovation behind her 'value plus pricing' model, and the indispensable impact of relationships in her life. Justine's story is a masterclass in resilience, intelligence, and heartfelt business leadership. Listen for an exploration into creating a thriving business.

Connect with Justine ✨:

Instagram: https://www.instagram.com/justinelackey/

LinkedIn: https://www.linkedin.com/in/justinelackey/

Justine's FREE Group: https://www.facebook.com/groups/mamabirdsbookkeepers

Justine's Website: https://justinelackey.com/

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S4E5: Know Your Map with Calvin Correli - Making it SIMPLE! Apr 02, 2024

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In this heartfelt episode of Cash Flow Podcast's "Know Your Map" series, I sit down with Calvin Correli, the CEO of Simplero, to delve into the deeper aspects of entrepreneurship and the significance of forging authentic human connections. Calvin shares his transformative journey, from the emotional challenges he faced in his personal life to his growth as a business owner.

Emphasizing authenticity, vulnerability, and the conscious decision to pursue wealth for the greater good, Calvin's narrative embodies the core of what it means to be a purpose-driven entrepreneur. We explore how personal relationships and genuine interactions have shaped our professional paths, highlighting Calvin's candid recount of the profound impact a school teacher had on his life. The conversation also navigates the transformative power of seeking emotional safety and validation, exemplifying that success is not just about financial growth, but also about nurturing meaningful connections.

With powerful takeaways on self-discovery, simplicity, and leveraging vulnerability as strength, this episode is sure to inspire entrepreneurs at any stage of their journey to stay true to themselves while building their empire.

Check Out Simplero using our referral link! : https://simplero.com/?ref=51578

✨ Connect with Calvin:

Youtube: https://www.youtube.com/@CalvinCorreliOfficial
Instagram: https://www.instagram.com/calvincorreli
Facebook: https://www.facebook.com/thecalvincorreli
Website: https://simplero.com, https://calvincorreli.com/
Twitter: https://twitter.com/calvincorreli
LinkedIn: https://www.linkedin.com/in/truecalvin
TikTok: https://www.tiktok.com/@calvincorreli

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