Podcasts Business Onward Nation Episode 884: Exit strategies and escape plans, with Randy Tate

Episode 884: Exit strategies and escape plans, with Randy Tate

Published: May 8, 2019, 8 a.m.

Public educator, entrepreneur, and CEO of the financial technology company of iFlip Investor, Randy Tate combines Silicon Valley style with his partner and CTO Kelly Korshak\u2019s Wall Street savvy, creating a software to help the ordinary investor preserve, protect and grow their wealth.

What you\u2019ll learn about in this episode:
  • What Randy and his team at iFlip have been working on since Randy\u2019s previous appearance on Onward Nation in episode 658
  • Why iFlip is on track for 1000% growth this year, and how they have been developing a stock trading app that will be free to the end user
  • Why diversification isn\u2019t actually the secret to mitigating investment risk, and why the true secret is to avoid losses
  • Why losses and fees compound dangerously and why that fact is aggravated by a lack of industry transparency
  • Why Randy believes that every business owner must financially plan for life after their business
  • How iFlip\u2019s software anticipated the Q4 2018 market dip and had already moved 87% of the money the software manages into cash before the dip
  • Why Randy defines \u201csuccess\u201d as the ability to continually create new possibilities for yourself
  • How Randy has overcome fear in his own career, and why acknowledging your fear is the key to beating it
  • Why efficiency is the key to iFlip\u2019s software, as well as the key to its continued business success
  • Why Randy suggests you automate everything you can as early as you can so that you can more effectively scale
Additional resources:

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