Show Notes
Episode 65: ALL IN with Paul Fenner, Founder of TAMMA Capital, Father of Triplets Plus One, and Host of The Emotional Balance Sheet Podcast
About The Guest
Paul Fenner is the founder of TAMMA Capital and the host of the Emotional Balance Sheet podcast. He has a background in finance and accounting and has built a successful career as a financial planner. Paul is passionate about helping families navigate the emotional and financial challenges of life transitions.
Summary
Paul Fenner, founder of TAMMA Capital and host of the Emotional Balance Sheet podcast, shares his journey from corporate America to entrepreneurship. He discusses the challenges of balancing a career and raising triplets, and how he found the courage to pursue his own business. Paul emphasizes the importance of emotional and lifestyle planning in addition to financial planning, and how he helps families navigate these complex areas. He also discusses the role of fear in both his own life and in his work with clients, and the power of storytelling in inspiring others.
Key Takeaways
- Paul Fenner’s journey from corporate America to entrepreneurship was driven by his passion for finance and helping families navigate life transitions.
- Emotional and lifestyle planning are just as important as financial planning when it comes to achieving personal and financial goals.
- Fear can be a major obstacle in pursuing one’s dreams, but it can also be a motivator for growth and change.
- The power of storytelling and sharing personal experiences can inspire and empower others to overcome their own challenges.
Quotes
- “I think people become paralyzed by that fear. And that’s one reason why people have a hard time taking the first step with working with any financial planner, let alone me.” – Paul Fenner
- “I think listening to other people’s stories has really helped solidify that. And again, I take all that, and I can now see how my firm has grown and developed over the last three years with the growth and the conversations and the insights of the guests I’ve had on my show.” – Paul Fenner
Connect
Hello: Martin Solveig (feat. Dragonette)
| Timestamp | Summary |
|---|---|
| 0:00:00 | Introduction to Paul Fenner’s story |
| 0:00:25 | Finding out about the triplets and the decision to move |
| 0:01:34 | Paul’s background and career trajectory |
| 0:03:42 | Starting TAMMA Capital and the name change |
| 0:05:11 | Reflecting on the challenges and joys of parenting |
| 0:07:42 | Paul’s early interest in the stock market |
| 0:08:58 | Transitioning from corporate America to starting his own business |
| 0:10:32 | Decision to move back to Michigan due to the triplets |
| 0:10:50 | Conclusion and reflection on the journey |
| 0:11:00 | End of the conversation |
| 0:11:08 | Paul Fenner shares his journey of launching his firm while working a corporate job and being the primary caregiver for his triplets. |
| 0:13:48 | Struggles of balancing a day job, family, and personal goals. |
| 0:14:07 | The drive to pursue personal goals and the sacrifices made. |
| 0:15:51 | Lessons learned from having multiples and the challenges of parenting. |
| 0:17:48 | The importance of self-care and prioritizing oneself, spouse, and children. |
| 0:19:08 | Overcoming fear and making the jump to pursue personal business pursuits full time. |
| 0:21:13 | The role of financial and emotional lifestyle planning in Paul Fenner’s work. |
| 0:22:26 | Paul Fenner’s approach to financial planning, starting with the emotional side. |
| 0:23:00 | The one-page plan and financial scorecard developed by Paul Fenner. |
| [0:23:54] | Introduction to savings rate and 529 plans |
| [0:24:28] | Importance of being involved in clients’ lives |
| [0:25:32] | Fear and its role in decision-making |
| [0:26:06] | Overcoming fear as an entrepreneur |
| [0:27:17] | Impact of financial planning on clients’ lives |
| [0:28:40] | Fear of discovering what one really wants to do |
| [0:30:07] | The importance of giving oneself time to think |
| [0:32:16] | The Emotional Balance Sheet podcast and sharing life transition stories |
| [0:34:00] | Personal growth and impact of podcasting |
| [0:35:54] | Challenges and resilience in podcasting |
| 0:36:40 | Paul Fenner talks about his children and their interest in his podcast |
| 0:37:07 | Toby Brooks congratulates Paul on his podcast’s longevity |
| 0:37:24 | Paul shares his love for hockey and quotes Wayne Gretzky |
| 0:37:57 | Paul mentions his favorite song from the Ted Lasso soundtrack |
| 0:38:37 | Toby Brooks talks about his shared playlist with guests |
| 0:38:50 | Toby Brooks shares his favorite songs |
| 0:39:26 | Paul and Toby discuss walk-up songs in sports |
| 0:39:56 | Paul talks about his ongoing project of figuring out “enough” |
| 0:41:35 | Paul shares how listeners can connect with him |
| 0:42:04 | Toby thanks Paul for sharing his story and wraps up the episode |