We know, just working in a job or one source of income is difficult to make us stay afloat in the world. Especially, with business owners, the source of income may be their business activity, but the source of wealth is investments.
However, it is not easy as it sounds. One needs a proper understanding of the financial market. Here comes the role of financial analysts, who can enable one to invest in the right stocks and generate wealth. Today, we bring to you an engaging conversation with a financial analyst, who takes us through the intricacies and importance of financial planning.
Andrew Stotz is the CEO of A Stotz Investment Research. He is also a co-founder of Coffee Works.
Andrew shares the scope of his work into three key categories:
- Helping people with their financial and accounting business
- Managing money and advising people on how to invest
- Valuing companies.
Andrew shares how an entrepreneur is always focussed on selling products and services without focusing on accounting and bookkeeping.