181. Wayne B. Titus III - Your Guide to Financial Well-Being

Wayne B. Titus III founded AMDG Financial and AMDG Business Advisory Services in 2002 based on his 15 years experience at two large accounting firms working with Fortune 50 clients. He dove into entrepreneurship to make a bigger impact on people's lives. As a fee-only fiduciary adviser, his loyalty is to his clients: he places their interests ahead of his own or his firms. _____ Learn about: 3:07 - 3:30: Are leaders born or are they made, are entrepreneurs born or are they made 6:58 - 7:53: Why you need more than just a financial advisor  8:21 - 11:37: BUYER BEWARE - You’ll get burned if you don’t know the business models of financial advisors 12:05 - 16:16: The 3 communication styles with your potential advisor (paternalistic, informative, interpretive) and which kind you want 18:27 - 21:55: Investment strategy, is your advisor helping you as much as they should be during the pandemic  22:53 -24:39 : Should I buy with debt or cash  25:57 - 27:40: Paying off debt  28:31 - 30:28: Setting yourself up for success with your future start up/business. Shotgun vs. rifle   32:29 - 34:27: Misconceptions about financial advisors/finance  _____ Wayne’s 3 things to get closer to his best self: 1. Increase Physical Capacity 2. Increase Emotional Capacity 3. Increase Mental and Spiritual Capacity