The 1° Effect Podcast-The Formula for a High-Performance Life, One Degree at a Time
What if the future of financial advising has absolutely nothing to do with selling more products, and everything to do with shifting client behavior, masterfully managing cash flow, and building deep human connection? In this episode of The One Degree Effect, Coach Paul sits down with industry disruptor David Mozeika. He is the CEO and Co-Founder of Currence – a personal finance platform that helps financial advisors grow their practice with a focus on client cash flow. In addition to Currence, David has dedicated over 24 years to the financial services industry, currently serving as founder & CEO of Tomoro. Consistently ranking in the top 1% of his peers, David is recognized as a top advisor by Forbes. David shares his journey from watching his father's relentless work ethic to breaking the traditional molds of the financial sector. Coach Paul and David dive deep into the emotional weight that financial advisors carry, the true differentiator between average producers and elite performers, and why managing the origin of wealth is far more impactful than just managing the final result. Important Discussion Points and Valuable Takeaways: * The Fallacy of "Unemployment": David breaks down the psychological pressure some financial advisors face. Waking up feeling "unemployed" every day, and how shifting focus away from ego-driven club levels unlocks true freedom and potential. * The Math of Momentum: Discover the exact epiphany that propelled David into the top tier of advisors, proving that success is not about massive transaction sizes, but the speed of moving clients from insight to implementation. * The "Flow of Funds" Problem: Why Americans don't actually have a savings rate problem, but rather a structural problem with their systems before spending habits take over. * Shifting from AUM to IUM: David explains his pioneering philosophy of moving from Assets Under Management to Income Under Management, meeting clients at the origin of their money to fundamentally alter their financial trajectories. * The Entrepreneurial Grid: A candid look into the emotional highs and lows of building a software company, facing industry skepticism, and staying anchored to a worthy ideal that is bigger than oneself. Learn more about David and Currence [https://livecurrence.com/]. Don't forget to check out the Income Under Management Summit in Nashville JULY 19-21! It's a must-attend evet! https://livecurrence.com/ium-2026/promo-redemption/paulm/ [https://livecurrence.com/ium-2026/promo-redemption/paulm/]
23 episodios
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