Are You as Financially Savvy as You Think? with Andrew Windham | The Better Than Rich Show Ep. 180

The Better Than Rich Show

Andrew Windham shares insights into the financial pitfalls that many entrepreneurs unknowingly fall into, and how misguided confidence can lead to costly mistakes. Andrew challenges all you business owners out there to rethink your approach to wealth management by shifting the focus from revenue to profit and taking control of your financial decisions. He talks about how a comprehensive, values-driven strategy can protect and grow wealth, pointing out the importance of proactive planning and expert collaboration. Tune in to hear Andrew give his perspective on building a lasting legacy while avoiding common financial traps!

Chapters

• 00:00:00 - Kicking Off with Andrew’s Philosophy on Life and Wealth
• 00:00:55 - Meet Andrew Windham: The Financial Strategist You Need
• 00:04:10 - The Dunning-Kruger Effect: How It’s Hurting Your Business
• 00:07:40 - Wealth Management Simplified: Making It Work for You
• 00:09:40 - Cutting Through the Noise: Simplifying Major Financial Decisions
• 00:13:25 - The Concierge Approach: Handling Your Financial Decisions with Ease
• 00:17:10 - Business Credit: The Hidden Risks of Personal Guarantees
• 00:22:05 - Tax Strategies 101: Setting Up the Right Business Entities
• 00:26:30 - Revenue vs. Profit: Why Most Entrepreneurs Get It Wrong
• 00:27:50 - Paying the Dumb Tax: Learning from Financial Missteps
• 00:28:20 - Integrity Check: Are You Shortchanging Your Family?
• 00:30:55 - Estate Planning: Protecting What Matters Most
• 00:32:25 - Crafting a Financial Strategy That Aligns with Your Values
• 00:34:15 - Juggling Act: Family, Business, and the Financial Balance
• 00:37:05 - Financial Integrity: The Foundation of Sustainable Success
• 00:43:50 - Must-Read Books for Entrepreneurs
• 00:47:05 - Defining Success: What It Means to Be Better Than Rich
• 00:48:30 - Final Takeaways and How to Connect with Andrew

Connect with Andrew Windham here:

• Andrew on LinkedIn
• College Planning Institute
• Educated Freedom Podcast

Book Recommendations

• The Bible
• The Road to Less Stupid by Keith Cunningham
• Never Split the Difference by Chris Voss and Tahl Raz
• You Were Born for This by Bruce Wilkinson and David Kopp

Connect with The Better Than Rich:

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