“WHAT CEO’S TALK ABOUT” – PODCAST INTERVIEW WITH STYRON POWERS – “FINANCIAL FREEDOM…DON’T SPEND MORE THAN YOU MAKE!”
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“WHAT CEO’S TALK ABOUT” PODCAST INTERVIEW WITH STYRON POWERS – “FINANCIAL FREEDOM…DON’T SPEND MORE THAN YOU MAKE!“
In this episode, host Martin Hunter, “What CEO’s Talk About” and Styron Powers talk about a fundamental path to financial freedom; that of not spending more than you earn. Styron shares how he was raised to value money and ALWAYS instructed to save a portion of your hard-earned money! He and Martin discuss delayed gratification, really thinking through purchases, and the vital necessity of planning for your future.
CLICK BELOW LINK TO LISTEN TO PODCAST
Here’s a glimpse of what you’ll learn:
- How Styron educated himself on financial matters
- Why he started his blog
- The importance of delayed gratification and how it helps save money
- What a Roth IRA is
- How planning for the future is a necessary consideration
- How COVID exposed America’s collective lack of savings
- Who Styron sees coming to him for financial help
- Alternate post-secondary institutions to consider that don’t incur Ivy League expenses
- That it’s not too late to learn to manage your money
In this episode…
Styron Powers worked in health and safety for large corporations. As he put it, his job was to “protect life: the health, wellness, and physical safety of employees and the people in the communities”. Throughout his career, he was able to work in ~30 countries, and he met a lot of wonderful people. He made many friends who would tell him that they’d be working for the rest of their lives and when he asked why they said they “couldn’t afford to retire”. That’s when he started studying U.S. financial literacy and how poorly many Americans manage their finances.
Styron discovered that about 60% of Americans could not afford a $400.00 to $1,000.00 emergency bill – car, heating, medical, or any other sudden cost. So he started writing a blog to help his readers understand how he had personally chosen financial freedom and how to achieve it for themselves. He also does coaching and mentorship – though he’s careful to tell folks: While happy to share his finance and investment lessons, he is NOT a licensed financial advisor or planner. Please do not construe suggestions in his blog or today’s talk as recommendations for your situation. For individual financial advice, please seek your licensed CPA or financial advisors or, even better, improve your financial literacy.
Resources mentioned in this episode:
- Contact email: firstname.lastname@example.org
- Martin Hunter on LinkedIn
- Powers Investments Management, LLC
- Styron Powers on LinkedIn
- Wealth Building Powers on Instagram
- ‘The Millionaire Next Door’ by Thomas J. Stanley Ph.D. and William D. Danko Ph.D
- Roth IRA
- Suicide Prevention and Crisis Services in B.C.
- Suicide Prevention and Crisis Services in Canada
- ‘The Snowball: Warren Buffett and the Business of Life’ by Alice Schroeder
Sponsor for this episode…
Episode sponsors: STS Capital Partners and Altruvest Charitable Services.
This episode is brought to you by URGEO.
URGEO is the Latin for urge: A strong desire to drive change, stimulate thought, incite feeling, and encourage action.
Martin Hunter and his team provide liberation for the CEO and Board of a company through their fractional COO services.
URGEO’s fractional COO services help to move you through growing pains so that your company can flourish and improve its profits.
They have worked with a multitude of companies in SaaS, CPG, mining, and transportation, from start-ups to large multinational corporations. They specialize in helping companies avoid roadblocks and stay on the right strategic and operational track for growth.
If you are a visionary and want an integrator to get everything done for you, then you need to get in touch with URGEO today.
To learn more about their services, visit https://www.URGEO.com or email them directly at email@example.com
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I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger with an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in my family and professional life. It is my time to serve and give back.
I started my first business at ~13 years of age (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.