Exit strategies and escape plans, with Randy Tate

Episode 884

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’s Wall Street savvy, creating a software to help the ordinary investor preserve, protect and grow their wealth.

What you’ll learn about in this episode:

• What Randy and his team at iFlip have been working on since Randy’s 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’t 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’s 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 “success” 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’s 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:

• Website: https://iflipinvest.com/
• Text “invest” to (480) 418-0300