BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  P&L  >  Entrepreneurs, Don’t Neglect Your Personal Finances: Here’s Why It Matters

Entrepreneurs, Don’t Neglect Your Personal Finances: Here’s Why It Matters

Idham Idris, Co-Founder and Director, Wealth Vantage Advisory

07-Oct-24 11:00

Entrepreneurs, Don’t Neglect Your Personal Finances: Here’s Why It Matters

Many entrepreneurs are so focused on growing their businesses that they often overlook a critical component—personal financial planning. In this episode of P&L, we explore why balancing personal and business financial goals is essential for long-term stability. Licensed Financial Planner Idham Idris, Co-Founder and Director of Wealth Vantage Advisory, shares valuable insights on how entrepreneurs can protect their personal finances while managing their business.

Key Areas of Conversation:

- The importance of financial planning for entrepreneurs and how to balance personal and business goals.

- Common personal financial mistakes entrepreneurs make—and how to avoid them.

- Setting up financial safeguards to protect personal wealth during business downturns or failures.

- Effective strategies for separating personal and business finances.

- The importance of retirement, succession, and estate planning for entrepreneurs.

Tune in to better understand the importance of personal financial planning for business owners and how to secure both your business and personal financial future.

Produced by: Roshan Kanesan

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  managinginvestmentsfinancial wellnesspersonal developmententrepreneurs

Tags:  financial planningfinancial goalswealth management





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Is Kwai Chai Hong preserving heritage, or curating it for a modern audience? Its Co-Founder, Zeen Chang discusses the fine line between community and commodity.

12:00 PM

Popcorn Culture

(REPEAT) The team reviews Good Luck, Have Fun, Don't Die & Wuthering Heights on this episode of Popcorn Culture!

1:00 PM

Cruise Control

(REPEAT) Are Malaysians switching to EVs at an acceptable rate? We unpack where we are in this week's episode.

2:00 PM

Matt-Splained

(REPEAT) Instead of talking about equitable societies, AI has once again decided we have to revert to the ‘world in peril’ format. Richard and Matt try to make sense of it all. Again.

3:00 PM

Earth Matters

(REPEAT) We speak with Lanuza Layon, Chairperson of the Kampung Sungai Kurau Village Development and Security Committee, and Sarah Amer, a Community Organiser from Gerimis Art Project, about the broader struggle for Orang Asli land rights in Malaysia.

4:00 PM

Bar None

(REPEAT) We discuss the latest changes made to BWF's tournaments and competitions, set to take place from 2027 onwards.

5:00 PM

BBC World Service

Datshiane Navanayagam talks to two women whose life changing illnesses led them to set up new businesses after they discovered high street clothes are uncomfortable and difficult to wear when you have restricted mobility or medical needs.