The Entrepreneur’s Guide to Financial Well-Being

Wayne B Titus III, CPA/PFS, AIFA founded AMDG Financial and AMDG Business Advisory Services in 2002 and dove into entrepreneurship to make a bigger impact on people’s lives. He is the author of The Entrepreneur’s Guide to Financial Well-Being.

Top Takeaways: The Entrepreneur’s Guide to Financial Well-Being with Wayne B Titus

The Entrepreneur’s Guide to Financial Well-Being
Difference is how advisors are compensated
Many advisors wear different hats and those hats require a different duty of loyalty
Look for a fee only advisor
Do they have a responsibility to find a “less” harmful alternative?
Don’t focus on the initials after their name
Focus on how well the advisor communicates
Look for an interpretive advisor
You should be interviewing alternate advisors, do some research
Most entrepreneurs, their passion is their business
What makes us strong in our business can also be weaknesses in other parts of our lives
You need strong advisors in areas you are weak at
Do you remember the video game Pitfall?
Entrepreneurs today are looking for the Master Builders
Entrepreneurs are strapped for time and cannot be perfectly in balance
Balance is difficult and time is limited
How do you find the right interpretive advisor with a team of experts?
What is the number 1 thing we do wrong as entrepreneurs with our finances?
It’s not what you “earn” in the markets, it is what you “keep”
Am I getting what I really need from my advisor?