EPISODE SUMMARY The first loan at Boeing Employees Credit Union (BECU) was a $2.50 tool loan funded by its 18 members in order to help new employees of the Boeing organization acquire the tools they needed to do their job. That was 85 years ago. Today, BECU is the fourth largest credit union in the…
Here is part 6 in our Basics of Finance Video Series on Rate of Return. How is rate of return calculated? What is going to produce your rate of return? Is it realistic to think you can beat the average market rate of return? Sound Financial Group President (now CEO) Paul Adams shares the answers to…
There’s a fatal flaw that plagues entrepreneurs of all stripes. It’s something weeded out at the beginning, but it can be disastrous to those who have built their business over decades. Entrepreneurs believe that they know everything. Virtually no one actually does. This attitude usually gets drilled out of entrepreneurs in the early stage, but…
EPISODE SUMMARY David is the co-founder and CEO of Guidant Financial, a fellow Washington based company that helps small business secure financing. In this conversation with Paul, they discuss the important topics new entrepreneurs need to be thinking about so they set themselves up in the best way to succeed. Paul and David work some…
Here is part 5 in our Basics of Finance Video Series on Allocation. Why would you own stocks and bonds in the same portfolio? What does it mean to have an 80/20 or 70/30 portfolio? Sound Financial Group President (now CEO) Paul Adams shares the answers to some frequently asked questions about portfolio allocation.
I can pretty much assure you that there is a distance between the life you live now and the life you dream of. In this series, you’ve learned to define your starting point, define your end goal and measure what you need to save in order to live that surplus or superfluent life. Now that you…
EPISODE SUMMARY The doctors who helped deliver Sean Stephenson into this world 38 years ago told his parents that he would be dead within 24 hours because of a rare bone disorder he was born with. Well, were they wrong! Despite this disorder and the challenges he has had to face in life by being…
Here is part 4 in our Basics of Finance Video Series on Mutual Funds. What is a mutual fund? What are the different types of mutual funds? How do mutual funds work? Sound Financial Group President (now CEO) Paul Adams shares the answers to some frequently asked questions about investing in stocks.
Now that you know what kind of lifestyle you seek and what it takes to get there, it’s time to figure out a protection plan. This is something you won’t hear in a TED Talk or by any get-rich-quick schemers. Protection of your assets is every bit as important as acquisition. When you build that…
EPISODE SUMMARY In part two of my conversation with Aviv Shahar we talk about the importance of having intentional conversations both in your personal and business life and the practice and implementation of The Debrief. WHAT WAS COVERED TWEETABLES “How can you be in a leadership position and not be intentional?” “You make contractual agreements…
