Entrepreneurship vs. Employment: Which Path Leads to Financial Success?
Money Guy Show
Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors
4.7 • 3.1K Ratings
🗓️ 2 February 2024
⏱️ 43 minutes
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| 0:00.0 | Entrepreneurship versus employment. |
| 0:02.8 | Which path leads to success? |
| 0:05.6 | I am excited about this show because we have seen both of these pla. I mean I think all |
| 0:17.3 | of us have seen these play out. We've heard this story of the incredible entrepreneur |
| 0:22.1 | that starts at the very bottom and builds a business |
| 0:25.1 | from scratch and it turns out to be incredible and they get to live life on their |
| 0:30.3 | terms and the way they want to and we've also heard the story of the person |
| 0:34.4 | who starts in the mailroom at the major corporation. |
| 0:37.4 | They work all their way up to the boardroom |
| 0:40.4 | and they save over an entire career |
| 0:42.3 | and they buy the house and they |
| 0:45.0 | save over an entire career and they buy the house and they build the white picket fence and they have |
| 0:46.0 | watch 2.6 kids and they get the pension and the gold watch and it worked out perfectly |
| 0:50.0 | and both of those stories sound amazing but is that a given is that what both |
| 0:56.3 | of those routes always turn into or is there perhaps more to the story I think we're |
| 1:00.8 | the perfect people to share this because I know there's out there |
| 1:03.2 | there's this whole culture of pushing people to be entrepreneurs. We've had the |
| 1:08.2 | front row seat to see what creates success, work with successful people, even do some entrepreneurial type stuff ourselves. |
| 1:15.4 | So we plan on being the tour guy that kind of lays it out there in a very balanced approach |
| 1:20.5 | because we're actually pro both and we just want people to know how does this work for your |
| 1:26.8 | specific situation so you can really risk analysis in the appropriate way. |
| 1:32.3 | And Brian we were talking about, we were like, okay, |
... |
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