Tag: Personal Finances

Navigating Economic Ups and Downs: Insights from a Third-Generation Business Owner with Nate Reeve (Ep. 16)

Navigating Economic Ups and Downs: Insights from a Third-Generation Business Owner with Nate Reeve (Ep. 16)

Managing a business has its share of trials and tribulations, from economic uncertainty and market fluctuations to finding a healthy balance between work and life.

In this episode, Billy and Shaun Peterson chat with third-generation business owner Nate Reeve of Reeve & Associates, Inc, about why he chose to buy out his father to become owner and principal of the development firm. Listen as he shares insights about his journey in the engineering industry and how his business continues to excel while navigating economic ups and downs.

Join Billy, Shaun, and Nate as they discuss:

  • How Nate became involved in the business and the pressures of following in his family’s footsteps
  • The impact of the economy, namely recessions and inflation on businesses 
  • Nate’s experience of having a brain tumor removed and the importance of relying on others for support
  • The challenges of government regulations and the impact of interest rates on businesses
  • And more!

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About Our Guest: 

Nate Reeve’s career began at the young age of 9 by helping his dad with surveys and blueprinting construction plans.

After many years of working side by side with his dad, Nate took over the company in 2010 as president. Nate graduated from Utah State University with his degree in civil engineering in 2000. As a licensed professional civil and structural engineer, his project portfolio includes large-scale land development projects with full-on and off-site infrastructure improvements as well as site development projects for the commercial, industrial, residential, and public building sectors. Nate has served as the American Society of Civil Engineers (ASCE) president and was the first recipient of the Enterprise 7 Elite Award.

Nate is married and has two sons and two daughters. Outside of work, Nate is a lover of sports. He enjoys playing basketball, pickleball and golf, and water sports. He also loves traveling to Lake Powell and spending time with his family.

Does Your Risk Match Your Profile? (Ep. 6)

Does Your Risk Match Your Profile? (Ep. 6)

Investing can be risky, but it’s also an essential part of growing your wealth. 

In this episode, Billy is joined by his son, Cade and together they dive into taking risks with your investments and emphasize the importance of knowing your risk tolerance. They also clarify that investing is not the same as gambling, and explain why it’s necessary to be bold when building a successful portfolio.

Join the conversation to learn more about: 

  • The current market selloff and the risks associated with the Federal Reserve’s actions to combat inflation
  • The process of determining an investor’s risk score through a few simple questions, and the importance of regularly monitoring your tolerance
  • Why Tesla is an example of a high-risk company that has proven to be successful
  • The risks of complacency in investing and the history of speculative booms
  • And more!

Resources:

 

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5 Most Common Money Mistakes (Ep. 3)

5 Most Common Money Mistakes (Ep. 3)

Financial success is not only about making good money, it is also about managing it.

Oftentimes you will find yourself in situations where you will need to make decisions that could either positively or negatively affect your wealth.

Join Billy and Shaun for an all-new episode of Harnessing Your Wealth where they talk about the 5 common mistakes people make when it comes to managing their money. 

Listen and take note as Billy and Shaun discuss: 

  • Tips on how to not let your emotions guide your investment decisions
  • Why bear markets are an opportunity for investors
  • The importance of participating in company-sponsored retirement plans 
  • Why diversification is key to building a strong portfolio
  • And more

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