We were lucky to catch up with Matt Love recently and have shared our conversation below.
Matt, looking forward to hearing all of your stories today. What do you think Corporate America gets wrong in your industry? Any stories or anecdotes that illustrate why this matters?
Blanket financial advice is everywhere for consumers. People are using today’s dollars (most valuable with inflation) to pay off houses and eliminating tax deductions, and postponing taxes in qualified retirement accounts, and financing or paying cash for depreciating assets like cars. Its all backwards. I meet people in thier 40’s and 50’s all the time who have a high net wroth, and almost NO access to capital. they teach us to be debt free and broke. a great deal of people who are conservative take way to much unecessary risk in their financial strategies, don’t plan for taxation when they’re older, and pay the wrong people. I want to bring financial principles to people who want to have control and don’t trust wall street.
Matt, before we move on to more of these sorts of questions, can you take some time to bring our readers up to speed on you and what you do?
WHen I was 26 a close friend of mine lost his mother, he’s an only child and his father wasn’t in the picture. His mom passed away at 61, never spent a day in retirement. diagnosed with cancer, and 4 months later, she was gone. he inhereted her retirement account, and was forced to take it all out and pay tax on all of it, on top of his own income. it was a HORRIBLE way to pass on money to her only loved one. and his financial planner had NO idea how to help, the advice was just blanket advice, save for retirement… an event his mom never even saw. instead of just saving money I want to teach people how to use it over and over again before retirement age, so they can have control, fight inflation, save on unnecessary taxation, and stop losing money to the pirates of manhatten… wall street. I think everyone would love to learn how tomake money like banks do, and control their wealth. we dont need to take all the risk that we are told, and you certainly don’t need a retirement account to retire, you need money, and more importantly, cash flow. We should learn how to create cash flow long before retirement years!
Can you tell us about a time you’ve had to pivot?
I have a masters degree and bachelors in architecture, I was supposed to be an architect. Life had different plans, and I feel like I am much more fulfilled teaching people how to control their income, assets, and lifestyle much more than I would from being an architect. we are all faced with issues and we need to learn its OKAY to pivot.
What’s worked well for you in terms of a source for new clients?
I leverage relationships. It turns out we tend to hang out with people who we agree with, and get inspired from. my best clients have come from relationships that have taken years to build, and the success I have helped clients get, they want to share that with their friends. Word of mouth is always the best. we also utilize social media and podcast clips to share our strategies and mindset, this has helped reach a wider audience!
Contact Info:
- Website: https://TheEntrepreneursasset.com
- Instagram: cashflowarchitectsq
- Youtube: https://www.youtube.com/channel/UCVgh399ix5JZZlAcerqAYqA/?sub_confirmation=1
