RISE Urban Nation

Susanne Mariga

Maximizing Wealth with Susanne Mariga: A CPA's Guide to Entrepreneurial Success

Introduction

Welcome to Rise Urban Nation, hosted by Taryell Simmons. In this insightful episode, Taryell sits down with Susanne Mariga, a seasoned Certified Public Accountant and fractional CFO for seven- and eight-figure entrepreneurs. Together, they explore advanced tax strategies, high-net-worth wealth building, and how business owners can maximize their profitability using proven financial frameworks.

Listen to the episode

Key Moments

  • Taryell opens the show by introducing Susanne Mariga and praising her expertise in financial leadership and business profitability.

  • Susanne clarifies that rather than buying depreciating assets to write off taxes, business owners should focus on growing real net worth.

  • The introduction of the Profit First method as a foundational tool for high-earning entrepreneurs.

  • Susanne reveals her work as an author and her philosophy of embracing opportunities to learn life's best lessons.

  • A candid and humorous behind-the-scenes podcast production moment when Taryell pauses to adjust his microphone input.

Main Topics

  • Fractional CFO Services: Susanne shares how she assists seven- and eight-figure business owners with high-level financial strategy and guidance.

  • Strategic Tax Planning: Moving beyond simple year-end write-offs to comprehensive strategies that build long-term personal and business wealth.

  • Profit First Methodology: Implementing structured systems to ensure profitability is prioritized and sustained across growing enterprises.

  • Advanced Retirement Vehicles: Utilizing customized pension plans and specialized 401(k) structures to write off significant annual sums.

  • Multifaceted Entrepreneurial Growth: Leveraging authoring, continuous experimentation, and open-mindedness to expand professional horizons.

Takeaways

  • Prioritize building net worth over making impulsive purchases just to lower taxable income at year-end.

  • Implement the Profit First approach to guarantee sustainable margins and clear cash allocation in your enterprise.

  • Explore advanced pension plans and tailored retirement accounts to legally shelter substantial income.

  • Embrace new opportunities and diverse projects to accelerate personal and professional mastery.

About the Guest

Susanne Mariga is a Certified Public Accountant (CPA), author, and founder of The Mariga Group, providing fractional CFO services to seven- and eight-figure business owners. She specializes in advanced tax mitigation and wealth-building strategies utilizing the Profit First methodology. Learn more about Susanne and her financial services by visiting https://themarigagroup.com.


Transcript

Introductions

Taryell: And one more thing before we get started, how do I properly pronounce your name?

Susanne Mariga: Susanne Mariga.

Taryell: Susanne Mariga. All right. Welcome, ladies and gentlemen, to another episode of Rise Urban Nation. It is your host Taryell Simmons in the building. I have a very special guest, and I am going to ask this special guest questions around profitability in our businesses. Because they are a professional when it comes to everything CFO and finances, I know they can help us out with this. So without further ado, ladies and gentlemen, we have Susanne Mariga in the building. Did I put the right emphasis on Mariga?

Susanne Mariga: It sounds better than I would have said it, actually.

The Mariga Group and Building Net Worth

Taryell: For those who are not familiar with you, can you briefly introduce yourself and this wonderful organization that you are part of, The Mariga Group, and tell us about your mission so the audience can really get acquainted?

Susanne Mariga: Absolutely. I am a CPA by background, a certified public accountant, and I provide fractional CFO services to seven- and eight-figure entrepreneurs. We specialize in high-net-worth tax strategies, particularly using the Profit First method. Taryell, we will talk about what that means later on. Most people go to their accountant and get told to go out and buy a big truck at the end of the year to drive down their taxes. We look at how we build your net worth while still reducing your taxes. Maybe it is funding a 401(k), but not quite a regular 401(k). Maybe we need to add some pension plans in there where we can write off a couple hundred thousand a year. That is what we do from that standpoint. I am also an author.

Taryell: You are an author too? Is there anything that you do not do?

Susanne Mariga: I think the best lessons of life are learned by trying different things, so I am not one to turn down an opportunity to explore.

Taryell: I am going to pause real quick because I realized that my mic is picking up from the wrong input. Give me a second, we will still use that.

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