Michael Lodge - Wealth, Business & Taxes

Michael Lodge - Wealth, Business & Taxes

If you like my podcast please support the Michael Lodge Show by buying us a cup of coffee. Your support is greatly appreciated: https://www.buymeacoffee.com/MichaelLodge Michael Lodge has been in business since 1984. Providing business consultations, formations, and mediation services. He has written his first book - Ethically Thinking, It's Not That Hard which is on Amazon. The WBT stands for Wealth, Business and Taxes and is the focus of the WBT podcast.

Episodes

June 18, 2021 29 min
I heard a great quote this morning from economist Edward Yardeni. "When the barbers start raising prices you have to worry about broad-based inflation." He is 100% correct and I have been talking to you about it for months. Inflation is here now and it is time for us to manage our money better. I have a free excel budget for you to use at www.lodge-co.com and click on the tab that says 60 Minute Advisory. Use it, it is...
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I have been talking and writing about inflation for many months now, warning you of what will happen. Well it is here now and we have to deal with it. Inflation is when prices of stuff goes up. Prices are up 5% in the past year - the largest increase since 2008. That is not good because each of you are now paying higher taxes, when prices go up - so does the sales and use tax you pay on goods. So does the gas tax to transport ...
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I am so thankful for social media, it provides me with so much content for my podcast and writing attempts. Two days ago a young latino women was on Tictok so angry because she had attacked someone with words and got an angry response back. She went to the police and the police officer said to her that since she tried to provoke she got hate back. She then told the police officer that he was on the other persons side and walk aw...
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If you own a business or are a leader of a business you know what conflict is. Conflict costs companies billions every single year. Let's look at the facts:

Workplace conflict can happen between individuals, teams or departments. Even between partners of businesses. But it doesn't always come from where you think it will. Only 3% of work conflicts are the result of personality or cultural differences. The tope three ...
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June is gay pride month around the United States and parts of the world. This morning I was watching a tictok of a young gay conservative man who stated he didn't understand why there should be a gay pride month. His view. However, the backlash of gay individuals attacked him with the full thrust of hate because he did not believe as they did. So the hate that came through their written words were disgusting. If you rememb...
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There are two words that get misused every single day by people trying to sell you on something. I ran a pole on Linkedin on the term "Influencer". The question was, social media is filled with people calling themselves "influencers". Do they really influence or are they just selling something". People came back and said only 25% influence. 13% Does not influence. And 63% are just selling something.

If y...
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Succession does not always mean you are dyeing. But you may want to leave the company, go in another direction, you may even want to retire and buy a boat and sail the world. However, you need a succession plan for the event when you decide to leave the company. Remember, you may be leaving but it is not all about you. The people within your organization want to know what happens when you do leave, is there a plan? I suggest t...
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Over the weekend I joined a new app called Clubhouse where you join a room, but you don't type your opinion you literally speak your questions or comments. Typing you can say anything to insult someone, but when you are talking to a group of people with your voice you are nice about it. But one of the rooms was called, Why to Men Give 100% and Women Only Give 30%? Just that very question has set up any relationship with doom...
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America is being hit with a whole bunch of economic issues that is leading to inflation based on economic policy of Biden. We have a war in the middle east at the moment because of the failed foreign policy of Biden that has disrupted the friendship with Israel and his support of Hamas. We have a Whitehouse and a Democratic lead Congress that want to keep attacking businesses with higher taxes. The list goes on and on with a Pre...
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Currently we have inflation, running out of gas and higher prices, threats of higher taxes, more power being given to the IRS, by bad policies coming out of the Whitehouse and Mr. Biden. Biden has no idea on what an economy is. The people around him have never built anything or created jobs. They know nothing about how an economy runs. So they create policies that make it harder for the American people to survive. However, you...
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The politics of government policies affect the nations economy. Government does not create jobs, never have and never will. But their policies on inflation, economics, taxes and other issues affects your pocket books. Right now we are seeing inflation rise. In fact the first quarter of 2021 it rose by 3.8% Earlier this week Warren Buffett stated he is seeing significant inflation affecting America at the moment. That is not g...
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It is Friday, end of the week. Let's just talk about stuff. Nothing planned, just words about business.

If you like my content, help me out by supporting me at www.buymeacoffee.com/MichaelLodge If you have a question or comment, send me a text to 818.252.5682
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I will not be listening to the President state of the union. I have been lied to too many times and I am tired of it. Everything that Biden said he would not do he did. Every word that he utters is a lie, it is an attack on the economic security of Americans. Biden will stand before the nation and give you an argument as to why he needs to spend more money, take out more debt, tax you more. He will tell you again, "I need ...
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Joe Biden is wanting to tax capital gains, business and individuals with higher taxes. And he doesn't care that Americans went through a pandemic, he just want your taxes so he can spend it on non-sense. He and the democrats have this hatred for success, for wealth, for jobs. They want the socialist system where everyone makes the same amount and you have government medical care that kills. Biden and the Democrats are tryi...
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April 18, 2021 29 min
We have to do better at controlling our words. Our words do too much damage. Look at politicians and their words of hate and how much damage and division it does to the country. Look at the words we use in dealing with other people, a lot of the time our words create more damage. If your words are hateful you will create damage. If you think about your words of civility before you say them, you will get more done. The problem...
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There is a dangerous political tool used by Politicians that attack individuals based on the word racism. It is very easy for people to call you a racist where racism isn't even a part of the discussion. But people know that calling people a racist is a political tool that everyone now uses. We have lost the true discussion on racism because it has become political and not meaningful. I grew up as a kid during the time of ...
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Here is a great statement, "Regrets are a waste of time". That is a line from what movie"

Let me give you a hint. It starts with a divorce. Ends in Italy where she takes a leap of faith and creates a brand new life. What is that movie? Because it can apply to your life.

The movie is, "Under the Tuscany Sun".

If you like my podcast, support me by going to www.buymeacoffee.com/MichaelLodge If you have a questio...
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This mornings rant is about Biden's non-existent political and economic agenda, Inflation that is hitting all of us, and our spending as Americans. Inflation is here and going up month by month. You and I have got to do better at budgeting and where we are spending our money.

If you like my podcast, help me out by going to www.buymeacoffee.com/Michael Lodge If you have a business questions, send me a text to 818.252.5682 ...
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I had some things on my chest that I needed to get off on. Nothing bad, all good. Maybe I should rant everyday, it felt good for 30 minutes.

If you like my content, support me by going to www.buymeacoffee.com/MichaelLodge If you have a business question send a text to 818.252.5682
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Over the weekend I watched The Godfather 1, 2, and 3. Each one had a business lesson. This podcast goes over the business lesson you can learn from the movie. This podcast is about the Godfather business strategy and what you can learn what can help you in business, life and mediation.

If you like the content of my podcast, support me by going to www.buymeacoffee.com/MichaelLodge If you have a business or mediation questions, se...
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