Payne Points of Wealth Ryan Payne

Perception vs. reality on the economy It’s Episode 163 and there is a disconnect between perception of how the economy is doing vs. the numbers. We’re not in a recession, we’re in a “vibecession.” If you watch the financial news it seems everything is predicted on what Jerome Powell will say next. But we’ve noticed the overall economy is not as rate-sensitive as it used to be.
 

Global growth is starting to pick up - broaden your portfolio
It's Episode 162 and the naysayers are talking recession again and we've seen a bit of market selling. With all the great opportunities out there, we think it's a mistake to sell in May and go away.
Global growth is picking up, China is emerging from recession, and demand for commodities like copper is surging. International markets are at record highs yet most markets are on sale right now and present a great chance to broaden your portfolio.

Can you feel like an entrepreneur while working for someone else? Our guest, Peter Velardi, shares why he decided to leave a 25-year career in the corporate world to venture out on his own.
As a financial advisor, Peter always knew he was a natural leader. Earlier in his career, he thrived on the freedom to build teams and make things happen. However, as the firm he worked for became more corporate, the layers of bureaucracy began to stifle his creativity, and that’s why at age 49 he made the leap into entrepreneurship.
Peter describes his journey of launching his own business, his perspective on risk, knowing when to give up on an idea vs. leaning into it, the importance of staying mentally and physically fit, and the rewards of being a natural entrepreneur.




What made you make the change from employee to entrepreneur? :00Wanted to get into venture capital 3:17Is there an entrepreneurial gene? 5:25Student of leadership 7:40What advice did you receive that made a difference? 8:50Is there a risk gene? 11:50Is it riskier to “work for the man” or do your own thing? 18:20What type of fears did you have making the switch? 20:10Knowing when to give up on an idea vs. leaning into it 22:00What were your worst and best ventures and why 24:00The importance of staying fit: healthspan vs. lifespan 28:00What’s your daily schedule? 32:15The flight that wasn’t taken 37:10