Designing a Life Beyond Money: Systems for Entrepreneurial Freedom With Noah Rosenfarb

Noah Rosenfarb

Noah Rosenfarb is a third-generation CPA and the Founder of Wealthrive, which empowers high-achieving entrepreneurs to leverage tax strategies and generational wealth. He has sold eight companies and completed over 50 real estate investments valued at almost $1 billion. Noah is also an author, podcast host, and thought leader in exit planning.

Here’s a glimpse of what you’ll learn:

[2:58] What does it mean to be “rich beyond money”?
[5:15] How to create a predictable income system
[8:24] Noah Rosenfarb’s strategy for creating an ideal entrepreneurial life
[10:26] Delegating effectively through systems, processes, and mindset shifts
[19:19] Mistakes entrepreneurs make with money and wealth
[20:39] Why Noah built his personal brand around the color purple

In this episode:

Many entrepreneurs chase the dream of financial freedom only to arrive at their goal and realize something is missing. The calendar is suddenly open, the business is sold, yet fulfillment feels out of reach. How can business owners build a life that’s financially secure and deeply meaningful — before they burn out?

Entrepreneur and wealth strategy expert Noah Rosenfarb has created a process for designing a life that goes beyond financial wealth. He emphasizes clarifying your priorities to build an ideal life and developing passive income streams to generate predictable cash flow outside your business. By shifting your mindset to relinquish control, creating delegation systems, and building a team that can outperform you, you can create a legacy for yourself and your family.

In this episode of Systems Simplified, join Adi Klevit as she hosts Noah Rosenfarb, the Founder of Wealthrive, to discuss wealth beyond money. Noah talks about building a memorable personal brand, the mistakes entrepreneurs make with time, money, and wealth, and how to redefine personal achievements.

Resources mentioned in this episode:

Quotable Moments:

"Predictable income I like to think of as also kind of island income."
"You have financial freedom, so you have enough income every month to cover all the bills."
"Start living more closely aligned with the true purpose that I have inside."
"I believe the quality is improved by the results that my team’s able to produce."
"Everybody needs a hook. Everybody needs something, a way to be memorable."

Action Steps:

Define what “rich beyond money” means for you: Clarifying what a fulfilling life looks like beyond finances helps guide meaningful personal and professional decisions. This reflection can prevent burnout and keep you aligned with your core values.
Build at least 20% of your target passive income before exiting your business: Creating predictable income streams early provides financial stability and confidence. It also allows you to learn from small-scale investments while still earning from your primary business.
Delegate and develop systems to support your lifestyle goals: Designing processes that allow others to operate without you frees up time and boosts business scalability. This shift enables you to live with intention rather than being tethered to operations.
Use the “lottery exercise” to prioritize your time: Asking what you'd start, stop, and who you'd spend time with reveals your true desires. It’s a practical way to realign your daily life with your long-term purpose.
Develop a proactive tax strategy: Relying solely on an accountant for tax filing can leave significant money on the table. A tax strategist can help high earners save meaningfully and invest more into building their ideal life.

Sponsor for this episode:

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