Podcast appearances and mentions of Wayne B Titus

Summary: Should we be apprehensive about tax changes? Wayne Titus, a member of Savant Wealth Management, comes on the podcast to break down some of the shifts in taxes and what to expect. The tax reform act was passed back in 2017, and brought on many changes in tax brackets. If Congress doesn't make any decisions, these brackets revert back to what they were in 2017. This is a long process which may not conclude this year—which can also make giving financial advice more complicated. Highlights: -Wayne recently joined Savant Wealth -Should we be worried about tax changes? The tax reform act was passed back in 2017 and brought on a number of change in tax brackets. If nothing is done by Congress, those brackets revert back to what they were in 2017 -Most changes are not going to impact taxpayers (unless you earn $400k+). Thus, these changes affect businesses more. -Our tax rate structure is progressive; the number sounds large, but the blended rate of tax makes it more rational -Many other states besides California and New York are affected by some of these tax changes -This is a long, drawn out process that may not conclude this year. A lack of solidified dates for changes makes it hard to make decisions in the financial sector -Our legislative process is iterative Useful Links: Financial Advisor Network Savant Wealth Management Wayne B. Titus III

Mr. Wayne B. Titus III, CPA/PFS/AIFA (R) the founding partner of AMDG Financial and AMDG Business Advisory Services and author of The Entrepreneur's Guide to Financial Well-Being discusses how entrepreneurs and independent business owners can plan for financial health in uncertain times. To begin, Wayne stresses the importance of preparing your finances sooner rather than later! Therefore, if you are an entrepreneur, you have to focus on the long term as soon as possible. For example, have a strategy in place for retirement or whatever financial goal you have. Finding a financial advisor can help!  As a fee-only, fiduciary adviser, Wayne is committed to placing his clients' interests ahead of his own. In fact, AMDG Financial was one of the first 10 firms globally to be certified by the Centre for Fiduciary Excellence. The certification recognizes AMDG's adherence to global best practices for investment adviser fiduciaries. Specifically, he deals with mutual funds. Additionally, he recommends being open-minded and humble. We don't know everything. We don't know what we don't know and sometimes getting advice is the best solution.  Wayne founded AMDG Financial and AMDG Business Advisory Services, PLC, in 2002. After more than 15 years in management at two large accounting firms, working with Fortune 50 clients, he was ready to start his own business. Wayne's love of entrepreneurship was the motivation for his book, The Entrepreneur's Guide to Financial Well-Being. He walks entrepreneurs through finding and building a dependable, communicative relationship with an adviser who has a holistic viewpoint. https://www.amdgservices.com/ Entrepreneurs Guide To Financial Well Being buy the book: https://www.waynebtitus3.com/     

Do you have a fully integrated financial planning team, or are you working with people in silos? If you don't know, or if your answer is the latter, then you need to listen to our next guest. Wayne B. Titus III, CPA/PFS, AIFA founded AMDG Financial and AMDG Business Advisory Services in 2002 based on his fifteen years' experience at two large accounting firms, where he worked with Fortune 50 clients. He dove into entrepreneurship to make a bigger impact on people's lives. As a fee-only fiduciary adviser, his loyalty is to his clients: he places their interests ahead of his own or those of his firms. Although his primary focus in on the entrepreneur, in this episode we discuss financial issues that impact individuals as well. By referencing the sport of orienteering, which requires “navigational skills using a map and compass to navigate from point to point in diverse and usually unfamiliar terrain whilst moving at speed,” Wayne helps us to understand why it is so critical that our financial planning teamwork in tandem. With assets of more than $150 million, AMDG Financial integrates tax, financial and investment strategies to help clients make financial and life transitions successful on purpose. The company's credo is, "From financial wisdom, better stewardship.” His latest book is The Entrepreneur's Guide to Financial Well-Being (https://amzn.to/3q5g70e). Listen in! To learn more, visit amdgservices.com GUEST email: wbt@amdgservices.com SOCIAL MEDIA  https://www.facebook.com/AmdgFinancial/?ref=hl https://www.instagram.com/amdgfinancial/ https://www.linkedin.com/company/amdg-financial   …………………………………………………. Thank you to our April Sponsor: Entrepreneur's Guide to Financial Well-Being or Wayne Titus Imagine starting a long journey without a map…or even a clear idea of the obstacles ahead. That's exactly what it's like for entrepreneurs who start companies with a lot of passion, but without the financial expertise to grow and scale their businesses and create long-term wealth for their families. Wayne Titus shows you how to find a financial adviser who can help you map a better journey. In his book, The Entrepreneur's Guide to Financial Well-Being.  With the right adviser at your side, you'll have the freedom to focus on what really matters to you. Get The Entrepreneur's Guide to Financial Well-Being at Amazon.com and in the virtual bookstore on the Shock Your Potential app.    

The lockdowns implemented by a number of states to control covid have been devastating to small businesses across the nation. Smaller businesses have gotten the short end of the stick. Many businesses have closed. Some entrepreneurs will rise from the ashes and others won’t. Unless you’ve got the cash to start a new business, it will be very difficult. The last man standing will be the winner. As an entrepreneur you need to shift and need to plan for the next pandemic. Chapter 11 could be your best friend. Many businesses who could have gotten aid under the CARES Act. Much of the public often didn’t understand how to take advantage of the program. There’s a lack of interpretive advisors who can help you actually apply the programs to your needs. 

The lockdowns implemented by a number of states to control covid have been devastating to small businesses across the nation. Smaller businesses have gotten the short end of the stick. Many businesses have closed. Some entrepreneurs will rise from the ashes and others won’t. Unless you’ve got the cash to start a new business, it will be very difficult. The last man standing will be the winner. As an entrepreneur you need to shift and need to plan for the next pandemic. Chapter 11 could be your best friend. Many businesses who could have gotten aid under the CARES Act. Much of the public often didn’t understand how to take advantage of the program. There’s a lack of interpretive advisors who can help you actually apply the programs to your needs. 

In this episode, I speak with Wayne B. Titus III about his book, The Entrepreneur's Guide to Financial Well-Being. Wayne is an entrepreneur and a finance professional who has years of experience to back up his knowledge. And, he shares that with us so we can have a better understanding of how to take control of our financial future while we make our differences in the world. You can find out more about Wayne, his book, and his business using the links below: https://www.waynebtitus3.com/ https://www.amdgservices.com/ Linkedin --- Send in a voice message: https://anchor.fm/tboc/message Support this podcast: https://anchor.fm/tboc/support

Wayne B. Titus is dedicated to guiding small business owners and keeps their best interests at heart. He’s been on the front lines providing triage and support for businesses affected by COVID-19, including how to create the meticulous documentation needed for PPP and how to prepare for the long-term impact of COVID 19. His new book is The Entrepreneur’s Guide to Financial Well-Being. To learn more, visit amdgservices.com. BIG IDEA: As parts of the economy re-open, we’re also seeing a surge in COVID-19 cases. Entrepreneurs who were able to weather the first wave of COVID-19 need to ensure they’re prepared. SO WHAT: A new International SOS Survey shows that a second wave of COVID-19 is seen as the leading threat to business continuity; yet 21% of the survey’s respondents still don’t have a pandemic plan or process in place.    

Wayne B. Titus is dedicated to guiding small business owners and keeps their best interests at heart. He’s been on the front lines providing triage and support for businesses affected by COVID-19, including how to create the meticulous documentation needed for PPP and how to prepare for the long-term impact of COVID 19. His new book is The Entrepreneur’s Guide to Financial Well-Being. To learn more, visit amdgservices.com. BIG IDEA: As parts of the economy re-open, we’re also seeing a surge in COVID-19 cases. Entrepreneurs who were able to weather the first wave of COVID-19 need to ensure they’re prepared. SO WHAT: A new International SOS Survey shows that a second wave of COVID-19 is seen as the leading threat to business continuity; yet 21% of the survey’s respondents still don’t have a pandemic plan or process in place.    

This week we’re talking with an expert financial fiduciary, Wayne Titus! In this episode we're covering: How to know the difference between a true fiduciary and all other financial advisors How to find a fiduciary that works best for you What you should be doing to maximize your financial wellbeing during the pandemic And so much more!! Wayne B. Titus III, CPA/PFS, AIFA is the founder of AMDG Financial and AMDG Business Advisory Services in 2002. Before that, he worked in two large accounting firms and had Fortune 50 clients. As a fee-only fiduciary adviser, Wayne’s loyalty is to his clients. AMDG Financial has assets of more than $150 million, and integrates tax, financial and investment strategies. Wayne’s latest book is The Entrepreneur’s Guide to Financial Well-Being (Lioncrest Publishing, March 2019). Reach out to Wayne at the following sites: Amdgservices.com https://www.waynebtitus3.com/ (Get the book!) Let us know how you like it. Rate us. Leave a comment. Email us at info@abundantculture.co. Do something! Connect with us at: IG: @abundant.culture FB: @abundantculture Rate us on your favorite podcast platform! Join our newsletter: https://www.abundantculture.co/newsletter

As parts of the economy re-open, we’re also seeing a surge in COVID-19 cases. Entrepreneurs who were able to weather the first wave of COVID-19 need to ensure they’re prepared. A new International SOS Survey shows that a second wave of COVID-19 is seen as the leading threat to business continuity; yet 21% of the survey’s respondents still don’t have a pandemic plan or process in place. Wayne B. Titus III, CPA/PFS, AIFA is the founder of AMDG Financial and AMDG Business Advisory Services in 2002. Before that, he worked in two large accounting firms and had Fortune 50 clients. As a fee-only fiduciary adviser, Wayne’s loyalty is to his clients. AMDG Financial has assets of more than $150 million, and integrates tax, financial and investment strategies.

This week we’re talking with an expert financial fiduciary, Wayne Titus! In this episode we're covering: It’s not too late to apply for PPP How to use the PPP loan to the maximum advantage More info about the different loan programs to use from COVID effects And so much more!! We had to make a pivot (ya know, typical entrepreneur life) so this was supposed to be a part two with Wayne, however, we wanted to push this episode before the June 30th application deadline. Be sure to catch the first episode we recorded with Wayne, on July 17th. Wayne B. Titus III, CPA/PFS, AIFA is the founder of AMDG Financial and AMDG Business Advisory Services in 2002. Before that, he worked in two large accounting firms and had Fortune 50 clients. As a fee-only fiduciary adviser, Wayne’s loyalty is to his clients. AMDG Financial has assets of more than $150 million, and integrates tax, financial and investment strategies. Wayne’s latest book is The Entrepreneur’s Guide to Financial Well-Being (Lioncrest Publishing, March 2019). Reach out to Wayne at the following sites: Amdgservices.com https://www.waynebtitus3.com/ (Get the book!) Let us know how you like it. Rate us. Leave a comment. Email us at info@abundantculture.co. Do something! Connect with us at: IG: @abundant.culture FB: @abundantculture Rate us on your favorite podcast platform! Join our newsletter: https://www.abundantculture.co/newsletter

Wayne B. Titus III founded AMDG Financial and AMDG Business Advisory Services in 2002 based on his 15 years experience at two large accounting firms working with Fortune 50 clients. He dove into entrepreneurship to make a bigger impact on people's lives. As a fee-only fiduciary adviser, his loyalty is to his clients: he places their interests ahead of his own or his firms. _____ Learn about: 3:07 - 3:30: Are leaders born or are they made, are entrepreneurs born or are they made 6:58 - 7:53: Why you need more than just a financial advisor  8:21 - 11:37: BUYER BEWARE - You’ll get burned if you don’t know the business models of financial advisors 12:05 - 16:16: The 3 communication styles with your potential advisor (paternalistic, informative, interpretive) and which kind you want 18:27 - 21:55: Investment strategy, is your advisor helping you as much as they should be during the pandemic  22:53 -24:39 : Should I buy with debt or cash  25:57 - 27:40: Paying off debt  28:31 - 30:28: Setting yourself up for success with your future start up/business. Shotgun vs. rifle   32:29 - 34:27: Misconceptions about financial advisors/finance  _____ Wayne’s 3 things to get closer to his best self: 1. Increase Physical Capacity 2. Increase Emotional Capacity 3. Increase Mental and Spiritual Capacity  

Businesses come in all shapes and sizes. They can range from the quick, cheap, and easy way to the big, slow, complicated way that involve thousands of dollars. Wayne Titus joins Adam and Naresh once again, this time to discuss the pros and cons of each business type and when you might want to consider each one. Learn the benefits of entities like LLCs, S-Corporations, C-Corporations, DBAs and all the acronyms that make a business. Wayne B. Titus III, CPA/PFS, AIFA is the founder of AMDG Financial and AMDG Business Advisory Services. He worked in two large accounting firms and had Fortune 50 clients. AMDG Financial has assets of more than $150 million, and integrates tax, financial and investment strategies. Wayne is also the bestselling author of The Entrepreneur's Guide to Financial Well-Being. Website: www.WayneBTitus3.com www.AMDGServices.com Featured Photo by Olga DeLawrence on Unsplash.com

Wayne B. Titus III, CPA/PFS, AIFA founded AMDG Financial and AMDG Business Advisory Services in 2002 based on his 15 years' experience at two large accounting firms working with Fortune 50 clients. He dove into entrepreneurship to make a bigger impact on people's lives. As a fee-only fiduciary adviser, his loyalty is to his clients: he places their interests ahead of his own or his firm's. With assets of more than $150 million, AMDG Financial integrates tax, financial and investment strategies to help clients make financial and life transitions successful on purpose. The company's credo is, From financial wisdom, better stewardship.” His latest book is The Entrepreneur's Guide to Financial Well-Being. He will discuss five steps for conquering an age-old challenge for entrepreneurs: financial stress.

Wayne B. Titus III, CPA/PFS, AIFA founded AMDG Financial and AMDG Business Advisory Services in 2002 based on his 15 years' experience at two large accounting firms working with Fortune 50 clients. He dove into entrepreneurship to make a bigger impact on people's lives. As a fee-only fiduciary adviser, his loyalty is to his clients: he places their interests ahead of his own or his firm's. With assets of more than $150 million, AMDG Financial integrates tax, financial and investment strategies to help clients make financial and life transitions successful on purpose. The company's credo is, From financial wisdom, better stewardship.” His latest book is The Entrepreneur's Guide to Financial Well-Being. He will discuss five steps for conquering an age-old challenge for entrepreneurs: financial stress.

When you're ready to turn your passion and vision into reality, you want to make sure that you go about it the smart way. Adam and Naresh talk with Wayne B Titus, CPA/PFS, about what mistakes beginning entrepreneurs make, why Wayne walked away from a Big 4 accounting firm to start working with entrepreneurs, and the 4 quadrants he's used in his personal and business life to become a success. Wayne B. Titus III, CPA/PFS, AIFA is the founder of AMDG Financial and AMDG Business Advisory Services. He worked in two large accounting firms and had Fortune 50 clients. AMDG Financial has assets of more than $150 million, and integrates tax, financial and investment strategies. Wayne is also the bestselling author of The Entrepreneur's Guide to Financial Well-Being. Website: www.WayneBTitus3.com www.AMDGServices.com Featured Photo by Randalyn Hill on Unsplash.com www.WorkFromHomeShow.com

Wayne B. Titus III, a CPA whose Plymouth, Michigan, financial advisory firm, AMDG Financial, has assets of more than $150 million, digested all 800-plus pages of the $2 trillion CARES Act legislation to help his clients take full advantage of the various government programs aimed at helping employers and employees weather the COVID-19 shutdown tsunami. CARES is complex, and without a guide such as Titus, many owners and entrepreneurs stand to overlook aspects of the mammoth government program that could make the difference between survival and bankruptcy. One step, in particular, is critical for all employers, Titus explains to host and award-winning journalist Dean Rotbart, who dubs Titus, “a small business paramedic.” Discover Titus’s #1 recommendation this week exclusively on Monday Morning Radio. Pick up a copy of Wayne Titus’s small business primer, The Entrepreneur’s Guide to Financial Well Being, here. Photo: Wayne B. Titus III, AMDG FinancialPosted: April 20, 2020Monday Morning Run Time: 37:11