How a Frantic Phone Call During the Great Recession Led Patrick Brewer to Building Companies Aimed at ‘Removing Financial Anxiety From the World’

“People were in desperate need of good advice,” says the financial advisor. September 27, 2019 8 min read Opinions expressed by Entrepreneur contributors are their own. Few things can motivate you more than witnessing someone lose their life savings in an instant. Patrick Brewer was working the phones at Vanguard, a leading investment firm, when he got the call. As Brewer remembers it, the client, a plumber close to retirement, frantically ordered him, an entry-level employee, to cash out the client’s 401(k). The plumber needed the funds, he explained, because he was just days away from losing his house. This money, gathered over decades of hard work and responsible savings, should have stayed put to provide security in his later years. Yet it was liquidated and gone in an instant. Brewer, then in his early twenties, stood helplessly by as the man made a devastating financial decision. It was the […]

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Master Business Finance With This Expert-Led Class

Entrepreneur and business school professor Chris Haroun will teach you everything from basic business accounting to complex financial modeling. March 24, 2019 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. There are three basic requirements you must have if you want your new business to grow and thrive: a great idea, an outstanding work ethic, and money. These necessities are legs beneath the table of your business. If one fails, your whole idea (and the effort and cash you put into it) can collapse. No matter how many late nights you’re willing to put into your, you won’t go far without the cash to support it. Nailing down the money to kickstart your idea is tough, but maintaining […]

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The Next Big Steps in Business—with Matt Gartland from Team Flynn

Matt Gartland: Yeah. It’s tremendously exciting, gratifying, and probably, mostly just a humble moment for me, and certainly for the team. Because as we’ve talked about today, we didn’t necessarily know, I didn’t necessarily know it was going to lead to this tremendous moment, right, but it naturally, I think, led there. You have always been . . . Pat Flynn: You’re listening to one of my team members, Matt Gartland, who I have on the show today, to make a huge announcement with you about the SPI brand, about where I am in business, and about where we are in business. Matt’s been on my team for quite a while. Some of you may not even know what our relationship exactly is, and my relationship with the team is. I’m just going to tell you upfront, right here before we get into it, that up until January 1st, I […]

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