Here’s an uncomfortable truth most people don’t want to think about:
Making lots of money doesn’t guarantee financial independence.
Look at NFL stars, for example. They routinely make 7 figures a year. And yet, 78% of NFL players wind up broke or under financial stress after they retire.
Same goes for the majority of celebrities: Hollywood actors, reality TV stars, you name it.
We’re going to go out on a limb and say that at least part of the reason you became an entrepreneur is financial. You want to have a comfortable lifestyle, retire with lots of savings, and leave a sizable inheritance to your children. Who doesn’t?
But running a successful business won’t guarantee it – not by itself. You need an additional skill-set besides making money.
We’re talking about investing. Building your wealth, so you have more than enough assets once you retire. And that’s exactly what we’re going to discuss on this week’s Get Genius!
Our guest today is Todd Tresidder – serial entrepreneur turned financial advisor.
Todd’s journey is remarkable. He went from being absolutely broke at 23 years old to financially independent at 35. So much so that he was able to retire comfortably at the age when most people are just starting to think about saving for their old age!
Now Todd teaches advanced investing and retirement teaching principles through his website, FinancialMentor.com. As an entrepreneur, a hedge fund manager, and a financial advisor, he brings a diverse set of skills to the table.
Todd knows the challenges that come with growing a business while trying to build your wealth through investing. And he’s going to share all his hard-won wisdom on the podcast today!
If you want to take the next step beyond conventional investment advice and discover what it really takes to become financially independent, this interview is for you. Enjoy!
Here’s what you will learn:
[00:15] Introducing Todd
[05:09] Todd’s background and why he started Financial Mentor
[09:11] Which critical skills do you need to achieve financial independence?
[11:52] How to gain more control over your retirement savings when you’re an entrepreneur
[15:23] The exact process Todd uses with his clients
[18:03] What you can learn from free courses offered through Financial Mentor
[23:10] How is Todd different from other financial advisors?
[25:15] Choosing a financial advisor for you: red flags to watch out for
[28:08] Success stories of Todd’s clients
[35:53] How parents can inspire a healthy financial lifestyle in their kids
[38:22] Learn more about Todd and Financial Mentor