Desmond Wilson and John Wolff: Financial Advisement

Desmond Wilson

Financial discipline is vital in the day-to-day life, where everybody is required to know how to handle their finances. One could, therefore, use the aid of a financial professional. Financial coaches’ work is to ensure their clients responsibly handle their finances and reach their goals. Moreover, financial advisors provide recommendations on how to build wealth throughout their lifetime (Nowacki, 2019). There is an observation on how the Coaching Financial Discipline (CDF) personal education programs teach clients how to develop a disciplined and logical financial habit to establish growth, stability, and wealth-building (“2021 financial advisor costs,” 2019). To expand their reach, they set up local seminars and advertise their platform to offer financial advice, which will help in financial planning. Having financial discipline is essential because it will help solve topics such as taxes, investing, debt reduction, insurance sells and retirement planning.

John Wolff

Having a marketing strategy will help turn prospective consumers into customers of one’s services. Tito’s Tacos’ marketing strategy is well put together since they plan to set up their business where people need convenient, affordable, and delicious food. They plan to create a product that the market will demand and also set a price that the market will afford. The business is also planning to expand its reach by developing soft launches and promotions, which will require them to give out free samples to the consumers to get unbiased market research. Creating favourable relationships is vital to strive to be active members of the community through charity work. Therefore, having a marketing strategy will help in understanding the wants and the needs of the customers.

References

Nowacki, L. (2019). Financial coach vs. financial advisor: What’s the difference? Web.

2021 financial advisor costs. Fees, charges & rates per hour. (2019).

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StudyCorgi. "Desmond Wilson and John Wolff: Financial Advisement." June 19, 2022. https://studycorgi.com/desmond-wilson-and-john-wolff-financial-advisement/.

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StudyCorgi. 2022. "Desmond Wilson and John Wolff: Financial Advisement." June 19, 2022. https://studycorgi.com/desmond-wilson-and-john-wolff-financial-advisement/.

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