Living Radically Within Your Means with Paul Adams

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SUMMARY:
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Harry Duran welcomes to the podcast CEO of Sound Financial Group and fellow podcaster, Paul Adams. Paul is the founder and host of the show, Sound Financial Bites, a podcast that provides people of all backgrounds with general financial information. Paul’s goal is to provide listeners with non-controversial advice that is tangible and actionable so they can increase their knowledge and allow them to make better-informed decisions.

In this episode, Paul provides an insight into his background, both in the financial services industry as well as his personal life. Paul has always had a very intense and aggressive personality which, combined with a contagious zeal, has shaped Paul’s success. Paul believes in standing up for what you believe in and preaches these same ideals to his children. Paul speaks to the benefits and strength that come from facing adversity and other hardships. Paul and Harry discuss the importance of getting a clear picture of your future goals so you can take the appropriate action. It is Paul’s theory that taking action and cultivating contentment are two key factors for success. By following this strategy, Paul has been able to achieve success in multiple facets of his life. Finally, Paul shares his thoughts on the benefits of podcasting, including one aspect that often goes overlooked.

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TAKEAWAYS:
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00:59 – Harry welcomes Paul Adams to the podcast

01:45 – Why Paul decided to start his podcast, Sound Financial Bites

04:20 – Paul recalls the origins of his technology obsession

08:14 – Paul’s love of flying

09:43 – The newfound appreciation Paul felt after experiencing flying lessons

11:36 – How Paul got into the financial services industry

16:02 – Paul’s aggressive approach to life

19:26 – Deciphering which conflicts are worth tilting into

21:04 – Paul talks about raising his children to stand firm in what they believe

25:07 – The importance of facing adversity and challenges

28:29 – A lesson Paul learned from a former Navy SEAL

31:07 – Paul talks about what it means to ‘live radically within your means’

34:30 – The biggest challenge to living within your means

39:30 – The importance of surrounding yourself with like-minded individuals, family and friends

41:10 – Paul’s business goal for the upcoming year

44:38 – Spending eighty-three nights in an RV

50:02 – The importance of creating an intention statement in your personal and business lives

53:21 – How Paul has grown as a podcast host

54:42 – Paul gives his opinion on the most difficult part of podcasting

56:32 – One person who has been a true inspiration to Paul

58:39 – What is something Paul has changed his mind about recently

1:03:21 – What is the most misunderstood thing about Paul

1:05:36 – Where listeners can follow Paul

1:06:21 – Paul shares one last thought on podcasting
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ABOUT HARRY
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For the past 2+ years, Harry has been the host of Podcast Junkies, AKA, The Podcasters Voice. He is the Founder/CEO of FullCast [http://fullcast.co], a done-for-you podcasting service, targeted at thought leaders who are interested in amplifying their authority and expanding their reach through the power of a podcast. He also recently launched a new SaaS tool for the podcasting community, PodFunnel [http://podfunnel.com]. He currently resides in Los Angeles with his wife of 10+ years, and their Yorkie, Disco.

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ABOUT PODCAST JUNKIES
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Podcast Junkies was born out of a genuine interest in and curiosity for this growing league of podcast hosts. It's hosted by Harry Duran. It features wide-ranging, authentic and sometimes candid interviews with this family of voices behind the microphone. The shows themselves cover a variety of topics such as Business, Finance Entrepreneurism, History, Comedy, Storytelling and more. Podcast Junkies explores the motivations behind the podcast's inception and allows the listener to connect on a more personal level with some of their favorite hosts. Some of the show's most memorable guests have been WTF with Marc Maron Executive Producer Brendan McDonald, Lea Thau, Host of Strangers, Helen Zaltzman, Host of The Allusionist, and Jordan Harbinger, Host of The Art of Charm.