TMBA 328: How Do You Manage Your Money?

TMBA328: How Do You Manage Your Money? post image

Podcast 31:45| Download | Stitcher | iTunes | Comment

As many longtime listeners know, Dan and Ian recently sold one of their businesses. This has put them in a fortuitous situation faced by many entrepreneurs: wondering what to do with their exit cash.

Managing your money requires a completely different skill set from building a business, and even the most savvy entrepreneur might decide to seek the advice of a professional.

On this week’s show, you’ll hear from Joe Wirbick, the president and co-founder of Sequinox. Joe shares some thoughts on the macroeconomy as well as tips on how to evaluate financial professionals and identify whether or not they are the right fit for you.

Transcript

Listen to this week’s show and learn:

  • How different generations have different attitudes about the economy. (3:40)
  • Some common mistakes that people make when they are dealing with a financial planner. (11:46)
  • How taxes can have huge implications on the financial planning of entrepreneurs. (14:01)
  • Why it isn’t a good idea to just leave all of your money in a savings account. (18:27)
  • The differences between the ways that entrepreneurs and traditional retirees save their money. (23:43)

Mentioned in the episode:

Enjoyed this podcast? Check out these:

Listening options:


Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

Published on 03.17.16

Next post:

48 Comments