Extraordinary America

The necessity for financial education in America with David Peters

03 Oct 2024

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Do you want to understand how humility and financial education can lead to entrepreneurial success?In this podcast episode, David Peters underscores the importance of adaptability and the willingness to learn from mistakes when starting a business. He emphasizes that passion should be the primary driver rather than the pursuit of money. He highlights humility as a key factor for entrepreneurial success, enabling individuals to receive and act on feedback while warning that arrogance can lead to downfall by blocking necessary adjustments. Peters also stresses the critical role of financial education in achieving freedom and managing resources effectively, noting the issues created by easy credit access and low interest rates, which foster a culture of debt and consumerism. Additionally, he discusses the vital role of financial advisors in helping people navigate these challenges and the importance of building and maintaining authentic client relationships for sustainable business growth.Highlights:{08:30} Being adaptable and not afraid to make mistakes when starting a business.{10:45} Pursuing business ventures should be driven by passion rather than potential to make money.{20:00} Humility is crucial in business{23:30} Financial education is essential for achieving freedom and effectively managing resources.{29:00} Credit and low interest rates have contributed to a culture of debt and consumerism.{32:30} Building and maintaining authentic client relationships is essential for business growth and sustainability.David Peters bio:David Peters is the Founder and Owner of Peters Professional Education and Peters Tax Preparation & Consulting, PC in Richmond, VA. He has over 15 years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry.David was Compare.com's first-ever Chief Financial Officer, a position he held for over three years. He is a national CPE Instructor for the AICPA, Surgent, Kaplan, and Don Farmer Tax Seminars and regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States.David holds four Masters degrees and is pursuing his PhD in Financial Planning. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia. He was recently awarded AICPA’s Outstanding Facilitator Award for the 2021 CPE Year.Connect with David:Website: https://www.petersprofessionaleducation.com

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3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

01 Jan 1970

El Partidazo de COPE

13:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

01 Jan 1970

Fin de Semana

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Extraordinary America

The necessity for financial education in America with David Peters

This episode hasn't been transcribed yet

Other recent transcribed episodes

3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE

13:00H | 21 DIC 2025 | Fin de Semana

12:00H | 21 DIC 2025 | Fin de Semana

10:00H | 21 DIC 2025 | Fin de Semana

13:00H | 20 DIC 2025 | Fin de Semana

12:00H | 20 DIC 2025 | Fin de Semana

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