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Posts Tagged ‘Douglas’

Douglas Andrew Explains the Best Route to Financial Success

In Finance on August 24, 2012 at 2:39 pm
Douglas Andrew

Douglas Andrew

Douglas Andrew is often called upon to explain his Laser method of securing wealth—liquidity, safety, and rate of return. In his experience, Douglas Andrew explains, maximum funded tax-advantaged life insurance contracts provide all three. It’s important that they be structured correctly, as outlined in Douglas Andrew’s Missed Fortune books and workshops. Douglas Andrew recently spoke to Presentation Solutions about the best way to structure policies.

Presentation Solutions: Explain what you mean by “maximum funded.”

Douglas Andrew: I like to use the analogy of a five-story building. If someone owns a five-story building, but only keeps the first couple of floors rented, that person may have trouble meeting his or her overhead.

Presentation Solutions: So the goal is to rent out all five floors.

Douglas Andrew: Which, in this case, would translate to funding your life insurance contract at the maximum amount allowed.

Presentation Solutions: But a person can’t do this all at once, right?

Douglas Andrew: Under the tax laws, the money must be built up gradually. The goal would be to rent out the first floor then, over time, the second floor and onto the third.

Presentation Solutions: How long should this process take?

Douglas Andrew: It depends on the person’s age, but by the fifth year, the person really starts to see results. I just tell our clients to be patient those first few years.

Presentation Solutions: What if someone is too old to take out a life insurance policy?

Douglas Andrew: I have clients in their sixties and seventies who do this.

Presentation Solutions: Do they have to take out a specific type of plan?

Douglas Andrew: My older clients often will take out a “second to die” or “survivorship” policy.

Presentation Solutions: Do all life insurance companies have these types of policies?

Douglas Andrew: No, only a select group of companies offer these. Missed Fortune helps clients find the best policy for them.

Presentation Solutions: What about your younger clients? Can they go through any life insurance company to do that?

Douglas Andrew: I always stress the importance of choosing the right financial advisor. Our wealth architects at Missed Fortune have a specific expertise in this type of funding.

Presentation Solutions: How can individuals learn more about maximum funded tax-advantaged life insurance contracts?

Douglas Andrew: The quickest approach is to meet with one of our wealth architects.  Additionally, there are many resources, including videos, workshops, and educational materials.  I would recommend someone visit the Missed Fortune website and go from there.

Douglas Andrew regularly conducts workshops in addition to his Missed Fortune books. For more information about Douglas Andrew and Missed Fortune, visit http://www.missedfortune.com.

Success Isn’t Easy | Douglas Battista Explains the Value of Hard Work

In Information, Personal, Professionals on May 15, 2012 at 4:06 pm
Douglas Battista

Douglas Battista

Growing up in southeastern Pennsylvania, Douglas Battista was taught the value of hard work by his father. Today, he is the President of North America Field Operations for Jenny Craig in Carlsbad, California. Douglas Battista says that his climb up the corporate ladder was not without bumps in the road, and believes that his father’s influence provided him the tools needed to focus on his goals.

Douglas Battista attended Niagara University in Niagara Falls, New York earning a Bachelor of Science degree in Travel Tourism/Hospitality Administration in 1994. Shortly after college he took a job as the Food Service Director for the ARAMARK Corporation in Hartford, Connecticut. During his time at ARAMARK, Douglas Battista enrolled at the University of Hartford to focus on a graduate degree. He earned a Masters of Science in Organizational Behavior in 1998, one year after being promoted to Regional Recruiter.

According to Douglas Battista, many people thought that working a full-time/high-stress job while living so far from home would make it difficult to complete his degree. What they didn’t understand, says Douglas Battista, was that he understood that to find his place in the world he had to make his own breaks. No one was going to do that for him. In 1999, with five years of experience, a college degree, and a passion for human resources, Douglas Battista relocated to Irving, Texas, where he continued to serve ARAMARK as the HR Manager. This position set into motion events that would eventually lead him to work for the Walt Disney Company, and finally to his current appointment.

It seems, reflects Douglas Battista, that the values instilled in him during his youth are becoming less important with each successive generation. Many people believe that if they want something bad enough, they’ll get it, but often aren’t willing to put much effort into achieving their goals, observes Douglas Battista. In fact, many of these dreamers are disappointed when they reach their 30s and are still waiting for their adult life to begin, laments Douglas Battista.

According to Douglas Battista, creating your own successes isn’t just financially rewarding. He reports that people who set goals for themselves and take the steps to achieve them tend to be happier overall, even if they encounter obstacles along the way. And, points out Douglas Battista, the emotional benefit of looking back and seeing what you’ve accomplished is the most rewarding part life.