advisors

Alex Chriss is still early in his tenure as the CEO of PayPal, but the company’s turnaround is already showing green shoots. (00:21) PayPal’s earnings and why a drop at a specialty insurance company could be a buying opportunity for investors. (16:57) What to do before you meet a financial advisor, and some questions to ask in an initial meeting. Companies discussed: PYPL, INTU, ZM, KNSL Host: Ricky Muvley Guests: Matt Frankel, Alison Southwick, Robert Brokamp Producer: Mary Long Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Are you ever confused or overwhelmed at the prospecting of investing?   If you are, don’t worry! Our guest today, Peter Mallouk, has simple strategies on how to invest and save as well as why it’s so important.   Peter Mallouk is the CEO of Creative Planning, a wealth management firm, that has been ranked #1 in America by outlets such as CNBC and Barron’s. Peter has been on Worth Magazine’s Power 100 rankings and has received other accolades such as the Ernst & Young Entrepreneur of the Year Award. He is also a financial industry thought leader and author. His upcoming book, The Path, is all about helping you achieve financial freedom and is co-authored by Tony Robbins.   In today’s episode, we’ll talk about common misconceptions that Peter has encountered in his many years in the financial services industry as well as his thoughts on the news and its impact on us as investors. We’ll also cover topics such as the importance of diversifying, the plans you should lay out before investing, and how to find the right financial advisor to meet your needs.   Links:   Follow Hala on Instagram: www.instagram.com/yapwithhala Reach out to Hala directly at Hala@YoungandProfiting.com Follow Hala on Linkedin: www.linkedin.com/in/htaha/ Follow YAP on IG: www.instagram.com/youngandprofiting Check out our website to meet the team, view show notes and transcripts: www.youngandprofiting.com   Timestamps:   01:11 - How Peter Met Tony Robbins and All About Their New Book 03:53 - Why the Financial Services Industry is Broken 05:00 - How to Find a Great Advisor 06:53 - Truth About Today vs. the Past 10:49 - The Contradictory Thing About Media and the News 13:36 - Why is Now the Best Time to Start Investing 15:37 - Why it’s Important to Diversify 17:49 - Real Life Example of the Importance of Diversifying 19:30 - The Six Human Needs 21:58 - The Power of Compounding 24:20 - Why it’s Important to Know What We Want 25:58 - Financial Independence vs. Retirement 27:15 - Important Plans to Have Before Investing 28:48 - Difference Between Brokers vs. Financial Advisors 29:50 - When Should You Get a Financial Advisor?  31:30 - Tips for Someone Working at a Corporation 33:34 - Advice about Insurance 35:08 - What to Look at for Financial Planning 37:20 - Peter’s Secret to Profiting in Life   Mentioned in the Show:   Peter’s New Book, The Path: https://www.amazon.com/Path-Accelerating-Journey-Financial-Freedom/dp/1642937010 Peter’s Website: https://creativeplanning.com/ Peter’s LinkedIn: https://www.linkedin.com/in/peter-mallouk/ Peter’s Twitter: https://twitter.com/PeterMallouk/ Peter’s Facebook: https://www.facebook.com/OfficialPeterMallouk/

0:01 Jason previews today's Ask Jason & drops some hints about the Super Secret TWiST Slack room
2:29 Aaron asks how investors view no-code startups
6:33 Andrii asks if an economic crisis is a good time to start a company
9:52 Jesse asks if he should start trying to raise a round of funding now, or wait until this crisis passes
14:48 Juan asks how he can leverage his first committed angel investor to attract more
19:11 Marcel asks how he can use a "startup mentality" to effectively run his small private school
23:28 Matt asks how to bring on advisors and how he should compensate them
29:46 Mike asks what % of revenue a company should spend on brand & marketing
35:27 Peter asks how much diligence is appropriate for an Angel Investor writing small checks ($5K & under)
41:52 Talha asks what COVID's economic impact will be on Cloud Kitchens, UberEats, DoorDash, etc.
47:56 Ryan asks for Jason's thoughts on solving the unemployment issues due to COVID-19