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Entrepreneur's Financial Independence With Wayne B. Titus, III and Ed Fulbright on Mastering Your Money Radio

Wayne B. Titus, III

Financial worries can wreak havoc for entrepreneurs — from business decisions to personal relationships. There are five key strategies to remove the fear and uncertainty, and create a clear and secure direction.   Entrepreneurs are often gifted with courage and a can-do attitude, but those same qualities can cause dangerous blind spots around finances that take a toll of their fortunes and family. And normalizing financial stress is an all-too-common entrepreneurial mistake.   Instead of trying to handle finances — or just ignore them until they can’t be ignored anymore — entrepreneurs need to create a solid, structured plan for dealing with financial concerns.  It should be focused on the following areas:

  1. Don’t put finances on the back burner

  2. Find a trustworth adviser to guide your tax & financial strategy

  3. Don’t be lulled into a false sense of security

  4. Embrace and practice transparency

  5. Create a strong structure and a clear process

Joining us for our discussion Entrepreneur’s Financial Independence is Wayne Titus III   who is calling in from his Plymouth MI office. Wayne B. Titus III, CPA/PFS, AIFA 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 firm’s. With assets of more than $150 million, AMDG Financial integrates tax, financial and investment strategies to help clients make financial and life transitions successful on purpose. The company's credo is, "From financial wisdom, better stewardship. His latest book is The Entrepreneur’s Guide To Financial Well Being    Welcome to Mastering Your Money, is Wayne Titus III.