In this episode, Julien and Kiersten respond to an email from a woman who wanted to know when to give up on a trucking business she started with her husband. The conversation covers topics such as faith, confidence, financial planning and finding the right partners. They provide advice on calculating the cushion needed to support the business, as well as the importance of psychological resilience in entrepreneurship.

This episode explores the differences in the role credit cards play in personal and business finances, highlighting the potential risks and challenges of relying on credit cards for business funding. It emphasizes the importance of financial planning, business support systems and having a larger cushion in retirement savings. T

he conversation also delves into finding alternative sources of income, such as side gigs that align with skills and goals. Building relationships, networking, and normalizing backup plans are discussed as essential strategies for entrepreneurial success. The episode concludes with a focus on navigating financial stress and how gender norms affect the relationship dynamic.

Show notes, articles, research or data mentioned in the episode:

Ep 135: Hitting the Highway to Success: Could Trucking be your Profitable Venture
https://podcasts.apple.com/zm/podcast/ep-125-hitting-the-highway-to-success-could-trucking/id1562432041?i=1000625924562

Cashing Out: https://richandregular.com/cashingout/

About the Hosts:
Julien and Kiersten Saunders are the hosts of the rich & REGULAR® podcast. New episodes are published weekly on YouTube, Apple Podcasts, Spotify and other streaming platforms. Julien and Kiersten are also the authors of Cashing Out: Win The Wealth Game By Walking Away, named 2023 best overall book about investing by Business Insider and one of the best personal finance books by Forbes. To learn more and purchase the book, visit https://richandregular.com/cashingout/

To contact us, send an email to hello@richandregular.com

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