Wealth Factory Podcast | Episode 9

Guest: Craig Hewitt

In Episode 9 of the Wealth Factory Podcast, Scott Larsen chats with Craig Hewitt, founder and CEO of Castos, a SaaS platform dedicated to helping podcasters distribute, monetize, and grow their shows. Craig shares how his journey began with a simple desire to offload podcast editing, which quickly turned into a thriving business serving dozens of clients and thousands of users. Craig dives deep into the financial lessons he’s learned as a founder, including the importance of paying yourself early and using a “barbell strategy” to protect wealth through market ups and downs. He also emphasizes that true wealth is about having time and flexibility, not just money. For business owners, Craig’s top advice is simple but powerful: sales cure most business woes. Increasing leads and customers unlocks the potential to grow your team, product, and profits.

Key Takeaways:

• Start paying yourself as soon as revenue comes in
• Use a diversified approach to wealth protection
• Focus on lead generation to fuel growth
• Wealth means having time and freedom
• Scaling comes from both great service and content

Chapters
00:00 – Intro
00:01 – About Castos & podcast monetization
00:03 – Turning a hobby into a business
00:04 – Financial lessons for founders
00:06 – Wealth protection strategies
00:08 – What being wealthy really means
00:09 – Advice for business owners

Listen Now: https://wealthfactory.com/podcast

Learn more about Wealth Factory: https://wealthfactory.com

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