Category: Retirement
Real Stories of Fraud and Embezzlement (Ep. 45)

Real Stories of Fraud and Embezzlement (Ep. 45)

By |

Meet Tricia Justice, a longtime client with a powerful cautionary tale about misplaced trust, overlooked warning signs, and the devastating impact of financial fraud. In 2010, Tricia made the life-altering decision to entrust 70% of her hard-earned savings to a seemingly credible and highly recommended Wall Street financial advisor. With help from the team at Peterson Wealth Services, Tricia discovered that her financial advisor was running a Ponzi scheme and misusing her funds to finance his lavish lifestyle. 

Plus, Billy and Shaun provide other stories of fraudulent activity and scams and highlight why skepticism and sound advice are crucial in today’s investment world. You won’t want to miss this episode!

Critical takeaways include:

  • The importance of researching and interviewing multiple financial advisors 
  • Helpful credential tools to verify fiduciary responsibilities
  • Warning signs and red flags of fraud and scams
  • How and why affluent investors are often targeted in financial scams
  • The role of scammers and psychological manipulators and how you can protect yourself
  • And more

Tricia Justice is a client of Peterson Wealth and is not being compensated for sharing their opinion and experience with our firm. Any compensation creates a conflict of interest and Tricia Justice’s comments may not be representative of any other person’s experience with the firm.

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
The Emotional Connection to Chronic Pain with Jim Prussack (Ep.44)

The Emotional Connection to Chronic Pain with Jim Prussack (Ep.44)

By |

In this episode, Billy Peterson speaks with licensed physical therapist Jim Prussack, known as The Pain PT, to explore the revolutionary concept of mind-body healing. With a personal recount of his own battle with pain, Billy highlights the importance of understanding pain beyond traditional medicine.

Tune in as Jim explains how chronic pain can be rooted in emotional stress, past trauma, and psychological factors rather than just physical injury. He highlights that the brain, often neglected in traditional medical assessments, plays a central role in creating and processing both physical and emotional pain.

Key takeaways include:

  • Jim’s journey from traditional physical therapy to studying pain and the powerful mind-body connection
  • How you can unlock new avenues for healing without surgery or drugs
  • The significant role of stress and emotions in chronic pain 
  • How modern medicine often overlooks the brain’s impact on healing
  • Real-life success stories of healing chronic pain through emotional awareness
  • And more

Resources:

Previous Episodes of Interest:

Connect with Billy Peterson:

Connect with Jim Prussack: 

About Our Guest: 

Jim Prussack’s journey into chronic pain treatment began even before his physical therapy training. Struggling with his own health issues, he realized traditional methods often failed to address persistent pain effectively. This led him to pursue deeper knowledge, including a second master’s in Physiotherapy in Australia, where he learned about pain science and the role of the nervous system in pain perception. Influenced by renowned figures like Dr. Peter O’Sullivan, Lorimer Moseley, and David Butler, Jim also explored mindfulness and meditation, completing intensive Vipassana retreats and learning from experts like Jon Kabat-Zinn. His approach evolved further under the guidance of Dr. John Sarno and Dr. Howard Schubiner, emphasizing the mind-body connection in healing chronic pain. Now a certified SIRPA practitioner, Jim helps patients understand how emotions and thoughts impact physical health, combining scientific insight with holistic methods.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
The Grit and Grind of Building Dumpsters Direct with Parker Neeley (Ep.43)

The Grit and Grind of Building Dumpsters Direct with Parker Neeley (Ep.43)

By |

Parker Neeley is the founder of Dumpsters Direct, and he joins Billy and Cade to share his story of what it’s like to be a young entrepreneur. Starting from humble beginnings as a dump truck driver, Parker shares how his frustrations led him to the idea of building and renting out dumpsters. He opens up about the challenges he faced early on, from dealing with malfunctioning trucks to navigating the complexities of starting a business from scratch.

Parker emphasizes the importance of problem-solving in business, as well as balancing customer satisfaction with the everyday obstacles of managing employees, trucks, and unpredictable equipment failures. Despite some difficulties, his journey thus far has been filled with valuable lessons about resilience, hard work, and the power of persistence.

Billy, Cade, and Parker discuss: 

  • The importance of resourcefulness when starting a business
  • How much of Parker’s success has been from building trust from clients
  • Why you should find and harness a niche
  • Trials and errors of expansion, managing employees, and maintaining equipment
  • And more

Connect with Billy Peterson:

Connect with Cade Peterson: 

Connect with Parker Neeley: 

About Our Guest: 

Parker Neeley is a driven young entrepreneur and the force behind Dumpsters Direct, a rapidly growing roll-off dumpster company shaking up the waste management industry. With sharp business instincts and a passion for giving back, Parker turned his vision into a thriving enterprise that caters to anyone with waste disposal needs. Whether it’s residential cleanups or large-scale commercial projects, Dumpsters Direct offers efficient, eco-friendly solutions that make waste disposal easy and responsible. Parker’s commitment to growth and sustainability is at the heart of his success, and he’s just getting started!

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Leadership, Work-Life Balance, and Community Support with Lieutenant Travis Lyman (Ep.41)

Leadership, Work-Life Balance, and Community Support with Lieutenant Travis Lyman (Ep.41)

By |

In this episode, Billy and Cade are joined by Travis Lyman, a seasoned law enforcement professional with 28 years of experience. Throughout their conversation, Travis reflects on his long and accomplished career, offering invaluable insights into the evolution of policing and the challenges officers face today.

Listen as he explains how his experiences—ranging from everyday encounters to high-stakes situations—have influenced his approach to guiding and mentoring others in the profession.

Delve into the world of law enforcement as this episode highlights: 

  • The qualities that make an effective leader in such a demanding field
  • The importance of strong and positive relationships between law enforcement and the people they serve
  • Insights into the evolution of policing including the influence of social media
  • Preparedness for the physical, emotional, and psychological demands of the job
  • Why many officers struggle with work-life balance
  • And more

Resources:

Connect with Billy Peterson:

Connect with Cade Peterson: 

About Travis Lyman: 

Travis Lyman is a Lieutenant with the Layton Police Department and has 25 years of law enforcement experience. Lt. Lyman has worked in Patrol, Investigations, and Administration. He is a graduate of the FBI National Academy Session #277.

In 2009 Lt. Lyman took on the role as the first CIT Law Enforcement Regional Coordinator for the Davis County area and helped implement the CIT Program within the region. He and his counterpart from Davis Behavioral Health host two CIT Academies annually at the Layton Police Department, and serve as a resource for the law enforcement and mental health communities in Davis County.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
How Mike Leatham Created a Multi-Million Dollar Business (Ep. 40)

How Mike Leatham Created a Multi-Million Dollar Business (Ep. 40)

By |

Turning a hobby into a thriving business is a dream for many, but very few achieve it.

How did Mike Leatham transform his side gig into a multi-million dollar enterprise? What challenges did he face, and what lessons can aspiring entrepreneurs learn from his journey?

Join Billy and Shaun as they chat with Mike, founder of SymbolArts about the challenges and triumphs of building a business from scratch, the art of selling, and how even hobbies like riding motorcycles can open doors to new opportunities.

Be inspired as this episode highlights: 

  • Mike’s transformation from a hobbyist to a successful entrepreneur
  • The story behind SymbolArts and its iconic products like badges and challenge coins
  • Sales techniques and overcoming rejections in business
  • Insights on managing a company and the importance of having a dedicated team
  • And more!

Previous Episode of Interest:

Connect with Billy Peterson:

Connect with Shaun Peterson: 

Connect with Mike Leatham: 

About Our Guest: 

Mike Leatham founded SymbolArts in 1986. Initially a hobby, SymbolArts has grown into a multi-million dollar business with 50-60 employees. Mike’s journey began with making class rings and evolved into producing a wide range of products, including police badges and challenge coins. 

His company now serves clients across all 50 states and includes major customers like Harley-Davidson. Mike is also an avid motorcyclist, having traveled extensively on his bike, and he emphasizes the importance of sales skills and staying out of debt in business.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Cody Jensen’s Winning Formula in Horse Racing (Ep. 39)

Cody Jensen’s Winning Formula in Horse Racing (Ep. 39)

By |

Horse racing is a thrilling sport with stories of triumph and perseverance.

How does a jockey rise to the top and maintain success in such a competitive field? What sacrifices and decisions shape their journey?

In this episode of Harnessing Your Wealth, join Billy, Shaun, and Cade Peterson as they dive into the career of the legendary jockey Cody Jensen, who not only won the All-American Futurity twice but also amassed close to $42 million in total purses, showcasing incredible perseverance and talent. 

You’ll gain insights into Cody’s journey from starting in Utah to racing at the top tracks such as Los Alamitos, Ruidoso Downs, and Remington Park, the emotional rollercoaster of being a jockey, and the sheer determination it takes to succeed in the world of horse racing.

They discuss: 

  • Cody’s impressive stats and career milestones
  • The emotional and physical toll of being a jockey
  • The importance of mentorship and personal relationships in racing
  • Anecdotes of travel, competition, and the camaraderie among jockeys
  • And more!

🏇Previous Episodes of Interest:

Connect with Billy Peterson:

Connect with Shaun Peterson: 

Connect with Cade Peterson: 

Connect with Cody Jensen: 

About Our Guest: 

Cody Jensen is a highly accomplished jockey in the American Quarter Horse Association (AQHA) racing scene. He has had a stellar career, winning numerous prestigious races and titles: Three-time AQHA Champion Jockey, 1,662 Quarter Horse race wins, 101 graded stakes wins, 50 Grade 1 stakes wins, and career earnings of $41,867,476. He has ridden many notable horses, including All-American Futurity winners No Secrets Here and Teller Cartel, and world champion Bodacious Eagle.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

10 Essential Steps to Guide Your Children Toward Financial Fulfillment (Ep. 38)

By |

Financial growth for children starts with the right guidance from parents.

How can parents instill financial wisdom in their children from a young age? What steps can they take to ensure their kids grow up financially savvy and independent?

This week on Harnessing Your Wealth, Billy Peterson and Shaun Peterson discuss ten essential steps every parent should follow to teach their children about finances.  

You’ll learn practical advice, real-life examples, and some humorous anecdotes that highlight the importance of financial education for the next generation.

Billy and Shaun touch on: 

  • The importance of teaching financial concepts like budgeting and investing from a young age
  • Avoiding habits like impulse purchases and unnecessary debt
  • Allowing children to make their own financial decisions and learn from mistakes
  • Encouraging long-term investing and the power of compound interest
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson: 

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Steering MJ Farms to Victory with Mac Murray (Ep. 37)

Steering MJ Farms to Victory with Mac Murray (Ep. 37)

By |

Join Billy and Cade Peterson as they welcome Mac Murray of MJ Farms, a notable name in the equine industry. Mac shares his extraordinary journey from the automobile industry to becoming a prominent figure in horse racing. He discusses how he and his wife, Janis, transitioned from starting their farm in Utah to expanding into New Mexico, seizing the opportunities presented by the state’s horse racing and casino gambling industry.

Gain insights into the challenges Mac and Janis faced and how they transformed MJ Farms from a small broodmare operation into one of the most respected horse farms in the country. 

Mac discusses: 

  • His transition from the automobile industry to horse racing
  • The importance of making strategic business decisions
  • How inflation has had an impact on the horse breeding industry
  • Valuable business insights, and challenges of running a horse farm
  • The importance of good financial backing and support staff in business
  • And more!

Connect with Billy Peterson:

Connect with Cade Peterson: 

Connect with Mac Murray: 

About Our Guest: 

Mac Murray is a partner at MJ Farms, which is located in New Mexico. He owns the farm along with his wife, Dr. Janis Murray. MJ Farms is home to prominent New Mexico-bred sires. The farm has also owned or managed several other major sires, including Dash Ta Fame.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
From the Saddle to Success: Billy Peterson’s Journey with ‘From the Starting Gate’ (Ep. 36)

From the Saddle to Success: Billy Peterson’s Journey with ‘From the Starting Gate’ (Ep. 36)

By |

“Life can be like riding a racehorse.”

This is the first line in Billy Peterson’s new book, “From the Starting Gate: The Winning Strategies for Wealth, Health, and Happiness.” 

Get an exclusive, behind-the-scenes look into Billy’s extraordinary journey as an author, former jockey, financial advisor, and business owner, with Shaun Peterson taking the reins as host. Together, they delve into the compelling reasons behind Billy’s decision to write his second book, the passion and perseverance it took to share his personal stories and inspirational history, and the profound gratitude he holds for the wisdom imparted by a cherished former client.

Highlights from this episode include:

  • The journey and challenges Billy faced while writing and publishing his second book
  • His three pillars for a successful life: wealth, health, and happiness 
  • The influence of a positive mindset has on your health and well-being
  • Advice for aspiring authors including the writing process and publishing 
  • And more!

Resources:

Connect with Billy Peterson:

Connect with Shaun Peterson:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More
Economic Highs and Lows: Navigating the Current Conditions (Ep. 35)

Economic Highs and Lows: Navigating the Current Conditions (Ep. 35)

By |

In a world of fluctuating markets and economic uncertainty, staying informed and prepared is key.

How do we understand the current economic trends and their potential impacts? How can we make informed decisions to safeguard our wealth?

In this episode, Billy Peterson dives into the economic indicators and market trends that signal progress and caution. He provides insights into the Dow’s historic rise, sector performances, and the looming challenges in real estate and inflation. Furthermore, Billy touches on the political influences on the economy and the importance of personal financial responsibility.

Billy discusses: 

  • The surprising performance of the market, with the Dow reaching new heights 
  • Negative trends in the bond market and its implications for investors
  • The potential danger zones in the real estate market, particularly in commercial real estate due to changing work habits and loan maturities
  • Strategies to harness your wealth despite market fluctuations
  • How government spending and the election will affect the economy and inflation
  • Consumer spending shifts due to the perceived wealth effect and its consequences
  • The significance of personal responsibility in managing finances and investments
  • And more!

Connect with Billy Peterson:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More