You DON’T Have to Make Inordinate Wealth to Be Financially Free!

damottaleonardweb
Jul 7, 2022
2 min read

Find the proof that you don’t have to create excessive wealth in order to cover all personal and family liabilities and become financially free. On today’s episode of The Prosperity Perspective host Liam Leonard is joined by Terry Dry to talk about his unexpected entrepreneurial ventures and how he secured a FEELING over a physical manifestation of financial stability, starting with his two-year-old’s most expensive college options.

3 Key Takeaways:

You don’t need to make an excess of money to become successful and financially free. Terry reminds listeners that he was never abundantly wealthy.
Don’t overestimate your “textbook” investment options. For Terry, these enabled him to pay for his children’s college as well as other major living expenses.
Consider what finances would be required to take care of the liabilities that cause financial stress in your life. Get a financial advisor to help you remove these FIRST.

Listen to the Full Episode:

Show Notes:

[0:20] Guest Terry Dry introduces himself as an unexpected entrepreneur and CEO

[5:20] Terry describes the dichotomy of working as a CEO and also “working for the man”

[8:33] Terry explains his framework for where he invested after finally reaching a place where he didn’t have to worry about making enough money

[12:20] Terry finally began to make “LA cash;” he explains his decisions around the primary question: “How do I get rid of liabilities so I can feel and be free?”

[16:34] Which of Terry’s investment decisions were the best choice?

[17:45] After he began to make more money, Terry’s investment framework changed with a mind toward his “own nest egg”

[22:47] Part of Terry’s “nest egg” was focused on funding his next venture; what did his criteria for that look like?

[26:36] Terry talks about the most exciting thing he’s working on today

About Terry Dry

Terry Dry is an award-winning marketer, entrepreneur, strategic advisor, CEO, and executive coach. As the founder of Future Proof Advisors, Terry specializes in advising mid-market businesses and their executive teams on how to overcome barriers that inhibit growth.

Regarded as a “pragmatic visionary," Terry is best known for pairing innovative thinking with practical solutions that help organizations transform their operations and achieve meaningful success.

Not only does Terry advise existing companies, but he also builds and transforms his own ventures. Most recently, he co-founded, scaled, and then profitably exited, RSVD, a SaaS business that provides digital capacity management solutions for retail, food, and hospitality industries.

Terry is a consumer engagement pioneer, who prior to Future Proof Advisors, co-founded and scaled Fanscape, one of the first-ever social media marketing agencies, which he grew from an initial $10K investment to an eight-figure acquisition by Omnicom (OMC: NYSE). Terry began his career in the music industry, culminating with his role as VP, Artist Development at Interscope / A&M Records (Universal Music Group).