In episode 12 of Built By Margin, Laurie Chen shares insights from her upcoming book, RiskWorthy, exploring the concept of risk beyond just numbers. Discover how to evaluate risks in your life and business through a new framework that emphasizes qualitative outcomes.

Tune in to discover how to navigate the complexities of risk and make smarter financial decisions.

TIMESTAMPS

[00:01:18] Evaluating risks in decision-making.

[00:03:46] Risk-worthy decision-making framework.

QUOTES

• “Riskworthy is a type of action that we can all aspire to as we navigate the complexities and uncertainties of our lives.”
• “Sometimes the investments we make will cost more time and money, but it would have been worth it if it still lead us to our best possible selves and our best possible futures.”
• “Decisions shouldn't be driven by fear of loss or feel of failure.”

SOCIAL MEDIA LINKS

Laurie Chen

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

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

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

WEBSITES

Built By Margin: https://www.builtbymargin.com/

Advanced CFO: https://www.advancedcfo.co/

In episode 11 of Built By Margin, Laurie Chen welcomes tax strategist Tony Hoong, the Founder and CEO of The CPA Dude, as he shares insights into the biggest misconceptions about taxes, emphasizing that they don’t have to be a dreaded obligation. Instead, he explains how taxes can be used strategically as a wealth-building tool.

Tune in for valuable insights on how to navigate tax season and make smarter financial decisions for your business.

TIMESTAMPS

[00:01:21] Tax misconceptions and wealth building.

[00:04:48] Ideal clients for tax strategies.

[00:06:44] Decision-making and risk framework.

[00:10:35] Investing in coaching programs.

[00:14:11] Powerful tax strategies for clients.

[00:18:50] Common tax strategy mistakes.

[00:20:47] Value of investing in quality.

[00:25:26] Relationship building in finance.

[00:28:56] R&D expenses tax reversal.

[00:34:09] Taxes as a financial weapon.

[00:35:40] Reasonable compensation and audits.

QUOTES

• "The tax is actually going to be like a weapon if you know how to use it." -Tony Hoong
• “That human aspect of working between the client and the tax strategist or tax planner is a key piece of what they're paying for.” -Laurie Chen
• “A lot of real estate folks, and after a while, like once they kind of get good at it, it also becomes like a game to them, just like entrepreneurship.” -Tony Hoong

SOCIAL MEDIA LINKS

Laurie Chen

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

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

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

Tong Hoong

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

TikTok: https://www.tiktok.com/@thecpadude

WEBSITES

Built By Margin: https://www.builtbymargin.com/

Advanced CFO: https://www.advancedcfo.co/

The CPA Dude: https://thecpadude.com/

In episode 10 of Built By Margin, Laurie Chen shares exciting updates about her journey, including her upcoming book titled "Risk Worthy," set to be published in 2026. Laurie dives into the complexities of decision-making in life and business, introducing her unique risk-worthy framework that goes beyond conventional wisdom.

Tune in for insights that can help you make smarter financial choices and move forward confidently in your entrepreneurial journey.

TIMESTAMPS

00:00:04 - Introduction to Built by Margin

00:00:27 - Episode 10 and Guest Acknowledgements

00:00:49 - Upcoming Guests for July

00:00:59 - Mid-Year Reflection

00:01:11 - Announcement of Upcoming Book: Risk Worthy

00:01:32 - Overview of Risk Worthy Framework

00:02:04 - Conventional vs. Risk-Worthy Approach

00:02:27 - Defining Risk-Worthy

00:02:49 - Subscribe and Follow the Journey

00:03:00 - Closing Remarks

QUOTES

• "What makes something risk-worthy is its ability to create the best version of yourself and your best possible future."
• “The conventional wisdom is that what makes something risk-worthy is that the potential upside justifies the uncertainty.”

SOCIAL MEDIA LINKS

Laurie Chen

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

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

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

WEBSITES

Built By Margin: https://www.builtbymargin.com/

Advanced CFO: https://www.advancedcfo.co/