David Giertz is an international businessman who propels the growth of Nationwide Financer’s sales and distribution organization to the higher levels of profits through strategic planning and innovation. He is the CEO of this corporation. Giertz has vast experience in the leadership for over 30 years in addition to being a certified business coach with WACC and trains over 100 people today.
The company that he runs managed to increase its capital base from $11 billion to $17.8 billion in a pan of a short time. It is from this experience with management and finance that David Giertz came out to write an inspirational piece in which he advised the young entrepreneurs on how to ensure that they have a retirement with benefits. He divided this message into three sections.
Financial health literacy
Giertz argues that every young entrepreneur must be aware of his challenges regarding finance. He says that an individual has control over his destiny in as far as the retirement with benefits is concerned, especially when dealing with his/her finances. The great CEO proposes that one should know how much debts that he/she owes other people or companies and after which arrange for the payments of such debts with an immediate effect if possible. He says that the beginning of financial success is the ability to settle loans.
The utility of compound interest
Giertz invites the youth to be aware and take advantages of the financial loophole that exists today in the financial institutions as they vouch for the best future life with retirement cash. He uses his entrepreneurial lenses to explain that most financial institutions do not charge customers for withdrawals of the money that was deposited in a fixed deposit account. Therefore, he insists that young business people should begin saving whichever little the money they get in their daily businesses.
The power of managing many businesses
David Giertz explains that as a young businessperson, there is need to engage in many business activities so that at the end of the day you increase your capital base as well as the financial income. It is from this that you would be able to get more cash some of which you can save without feeling a pinch.
If you need any entrepreneurial inspiration, you should engage this powerful businessman and the CEO of one of the world’s fast-growing businesses.
Find out more about David Giertz: https://www.bloomberg.com/research/stocks/private/person.asp?personId=232405062&privcapId=359385