Delivering Financial Autonomy With Paul Benson

Subscribe & Download Listen on Apple Podcasts Listen on Google Play Follow us onSoundCloud Listen on Spotify Guest: Paul Benson Company / Business name: ​Financial Autonomy ​Podcast Paul is a financial planner and owner of guidance financial services. He helps Australians plan and invest so they can gain the choices in life that they deserve. In addition to that, Paul also hosts a very successful podcast. His podcast is called financial autonomy podcast.Books/Tools/resourcesBook: The Lean Startup by Eric Ries Tools: Gmail, Xero for accounting, and Intercom as a CRMShow NotesFinancial Autonomy podcast has been going 2 years, however Paul has been a Financial Planner for 20 years, running his own practice since 2006. Started the Financial Autonomy podcast following the realization that the traditional work/life plan is far too narrow, but most people don't get the choice to do anything else.2008-2009 period was very challenging with share markets diving – Paul reduced his staffing, his wife came in to assist so that we could retain cash flow within the household, focused in on a particular retirement strategy that held some appeal during this period - just didn't quit!Paul’s advice to entrepreneurs? You don't have to go all in from day one - build and plan - real life is not like the movies. Work out your marketing plan at the outset. You likely know your stuff, but unless you have a way to let the world know about it, you wont succeed. Monitor your cash flow - it's no good making a profit at the end of the year if you cant pay your rent in month 3.Don't fall for the prescribed life of having to work until you're in your 60's and then having to retire - life can be far more varied than that. Episode Transcript 00:02 Ramesh: Hello everyone. Welcome to the agile entrepreneurial podcast. This is your host Ramesh Dontha. This podcast is about starting and building your own business with purpose, passion, perseverance, and possibilities. Today I have a guest from across the world, the very first time from Australia. His name is Paul Benson. Paul is a financial planner and owner of guidance financial services. He helps Australians plan and invest so they can gain the choices in life that they deserve. In addition to that, Paul also hosts a very successful podcast. His podcast is called financial autonomy podcast. Hi Paul. Welcome. 00:50 Paul: Hello. Ramesh. Thanks for having me on. All right, so let's start with your podcast itself. You are a financial planner. Instead of just a having a financial services business, you wanted to start a podcast, why? 01:08 Paul: Well, initially the train of thought was a random marketing strategy. I guess the little bit of backstory there is, I’ve been a passionate podcast consumer for a long time now. You know, I had on runs and walks and that sort of stuff. I've have been enjoying listening to podcasts for a long time. And I guess, I know for your listeners it's about entrepreneurship and building up business. And I’ve been running my own business for a while and something that I’ve discovered that at least for myself and I think others too, is easy to underestimate,