#47: “Crushing the Business Game with Andy’s 20/80 Rule”

The AC Method

DESCRIPTION:

Jump into this episode with a unique twist: Imagine receiving messages from loved ones even after they're gone. We're exploring cool tech that makes it possible—eerie or cool, it's your call.

Aaron and Andy Farmer break down the ins and outs of starting a business, from the idea to market domination. They share what works, the hurdles, and why taking risks is a must.

Switching to the dollars and cents, Aaron and Andy tackle tax strategies, smart investments, and the lowdown on when to hold tight or pivot in business. With Andy's 22 years in finance and Marine Corps background, they bring no-nonsense advice.

Curious about starting a biz with a friend? They share stories, and the 'Infinity Life' startup idea that shakes up funerals.

This episode is a rollercoaster of insights into work, legacy, and human psychology. Stay tuned; it's one you won't want to miss.

Andy Farmer, a financial advisor at Edward Jones since 2002, achieved limited partner status in 2011 and has held various leadership roles, emphasizing growth and performance. A former United States Marine, Andy is licensed in 31 states and specializes in crafting personalized financial strategies. Leading a team with two accomplished senior administrators, he thrives on building connections and providing straightforward advice that clients appreciate. With a passion for service, Andy looks forward to assisting clients in achieving their financial goals and leaving a lasting legacy.

💥HIGHLIGHTS:

Perpetuating Presence Post-Mortem

Entrepreneurial Process and Mindset

Tax Strategy and Savings

Financial Independence and Investment

Business Strategy and Execution

Personal Insights and Connections

Focus on Profitable Business Aspects

Business Operation and Management

Aging and Attitude Shifts in Business

Reflecting on Diverse Approaches to Business Ideas

SOCIAL MEDIA:

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⏰TIMESTAMPS:

00:00 Andy and I connected through shared interests.

04:49 Focus on 20% of business for success.

09:34 Excited about books and joining a business society.

11:42 Consult tax attorney for various tax incentives.

14:07 Understanding and interpreting information from a text.

19:11 Inspired by men of war society, building success.

19:50 Clients are friends, son can do a job. Focus on exciting work, delegate rest.

24:49 "I should restart the company despite doubts."

27:28 Sentimental ideas brought practical challenges and considerations.

32:06 Embracing differences leads to positive collaboration.

33:00 New business venture gains positive attention.

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