Entrearchitect Podcast With Mark R. Lepage

EA568: Ryan Sullivan - Financial Planning for Architects

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Sinopse

Financial Planning for ArchitectsIn this episode, Mark sits down with Ryan Sullivan, PE, the founder and lead financial planner of Off the Beaten Path Financial. Ryan's unique journey from mechanical engineer to financial planner equips him with a distinct perspective on managing finances in the architecture industry.Ryan shares his insights on the critical importance of understanding how money works and the necessity for architects to educate themselves on personal finance. He emphasizes the need to find trusted advisors who prioritize their clients' best interests. Throughout the discussion, Ryan highlights the significance of creating effective systems to manage cash flow and differentiating between variable and fixed expenses.Listeners will gain valuable advice on planning for the future and building a business that can be either sold or passed on. With a strong belief that cash flow is the cornerstone of financial stability, Ryan helps architects ensure their money aligns with their values, providing pea