Today, our host, Bob Gauvreau, and our guest, a financial advisor, Dan Moloney, examine financial planning for entrepreneurs, focusing on why a business should not be relied on as a standalone retirement plan. They emphasise the importance of a personalized, adaptable strategy that supports growth, succession planning, and eventual exit outcomes The discussion highlights automated investing, dollar-cost averaging, and cash-flow-driven contributions as core tools for disciplined wealth building. By removing emotion and aligning investments with business cash flow, entrepreneurs can manage risk more effectively while building long-term financial security The episode concludes with a focus on insurance, estate planning, and legacy protection, outlining how insurance provides certainty when markets and business valuations cannot. Ongoing collaboration with trusted advisors is positioned as essential to navigating economic uncertainty and protecting long-term financial freedom        Episode Highlights: 00:00 Welcome to The Wealthy Entrepreneur Podcast 02:50 Dan Maloney's Background and Business Journey 04:30 The Benefits of Virtual Meetings and Zoom Calls 06:18 Stages of Investing and Financial Planning for Entrepreneurs 18:27 The Importance of Early Financial Planning 21:15 Investment Options and Risk Profiles 32:40 Insurance Planning and Estate Planning 36:18 Succession Planning and Business Continuity 40:58 Adapting Financial Plans During Economic Downturns     About the Guest:Dan Moloney is a seasoned financial advisor with over 15 years of experience at Sun Life Financial. Based in Peterborough, Ontario, he specializes in comprehensive life, health, and wealth planning. Through transparent and trustworthy guidance, Dan helps clients navigate their financial journey and achieve success. He founded Moloney Financial Solutions Inc. in September 2012, showcasing his dedication to personalized solutions. His unwavering commitment to clients' goals and his passion for delivering superior service have established him as a trusted advisor in the field.     Connect with Dan Moloney: LinkedIn: https://www.linkedin.com/in/danmoloneyslf/ Moloney Financial Solutions Inc.: https://advisor.sunlife.ca/dan.moloney/ LinkedIn: https://www.linkedin.com/in/danmoloneyslf/       Resources: Visit The Wealthy Entrepreneur Website: https://www.wealthyentrepreneur.co/  Download The Wealthy Entrepreneur (digital book) for FREE: https://profitsimple.ca/wealthy-entrepreneur Like our Facebook Page at https://www.facebook.com/wealthyentrepreneurofficial Join The Wealthy Entrepreneur Community for FREE at https://www.facebook.com/groups/gauvreaucpa  For more podcast episodes, subscribe to our YouTube Channel at https://www.youtube.com/@wealthyentrepreneurofficial. Let’s continue to work on becoming a Wealthy Entrepreneur!See omnystudio.com/listener for privacy information.