{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Paul Truesdell Podcast","title":"Formula One or Formula for One","html":"","width":"100%","height":180,"duration":1236,"description":"September 8, 2025 - Rough DraftI am an investment and wealth advisor and manager. And you may think of this as a profession but for me, it’s a lifestyle. You see, I have a phrase that I’ve used my entire life, and it goes like this: “I am a lifestyle business, where business is a lifestyle.”  But what is a profession? Is what I do a soft and chair-based profession? No, not one bit. In truth it is a sport that involves all aspects of the Seven Components of Wealth and Status. And yes, like a traditional sport heavy on physicality, my sport, work, and lifestyle is physical, as well as  emotional, and intellectual. What I do is not a nine-to-five desk job. It is not simply running numbers or pushing paper. It’s not walking away at the end of a shift and everything that happens is someone else’s problem.  No, not one bit. My profession is closer to what a Formula One driver experiences—adrenaline, exhaustion, preparation, and recovery. When I sit across the table from clients, or when I speak to an audience, when I podcast, produce videos, write papers, books, or when I spend hours digging through research, I am not just thinking. I am burning calories, straining muscles, and depleting energy reserves. The demands are constant, and no two days are the same.The comparison to Formula One Is not a stretch but with a significant difference. A Formula One driver knows what the car and track will be, for me, that would be nice, but it’s never that way. The track is never fully known, what awaits me could be a dirt, oval, winding Can-Am course, or a world-class Formula circuit. The car is the same basic machine: steering wheel, pedals, helmet, belts. Yet the track dictates everything. That is what advising feels like. Each client, each family, each couple—different backgrounds, goals, fears, and histories. The tools of the trade are the same, but the conditions are constantly shifting, different tools are needed, and everyone expects a win with the least effort on their...","thumbnail_url":"https://img.transistorcdn.com/115-XsjkdwCpJ99xv-8oZ76t6jr8ScWEC5MYSKzL0ig/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82MTUx/OWRiNTc0NTk0Y2Nk/M2VjYTliMGVhN2Zm/YTZkZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}