Entrepreneur Luigi Wewege is the Chief Executive Officer of Vivier & Co, a boutique financial services firm offering a complete banking to its private clients worldwide. Other roles include being an Instructor at the first online FinTech School, serving as the Principal Partner of Palmetto Global Ventures, a bespoke financial management consultancy, and is an invited member of the Young Entrepreneur Council considered one of America’s most successful communities for business professionals. Luigi is also the published author of The Digital Banking Revolution which is available in audio, Kindle and paperback formats throughout all major online bookstores in over fifty countries.
Please tell us about what you do
I am the CEO of Vivier & Co a boutique financial services firm offering a complete banking package to its clients. Previously I managed a publicly listed company’s – media division, and before that, I co-authored economic research which was presented at the United States Congress. More recently I published a book titled: The Digital Banking Revolution which outlines how financial technology companies are rapidly transforming the traditional retail banking industry through disruptive innovation.
What drives you to success?
For me, it’s the competition, and in the last three years, I have witnessed first-hand how the financial services industry has evolved at a rapid rate. Thus, believe if you are not passionate about what you do, and always striving for success then your company could very quickly find itself obsolete in this digital era. Another primary factor which drives me for success is when I see how goals are being achieved within the business through consistent progress being made and for me it’s absolute invigorating seeing forward growth.
What is one of your favorite quotes?
“The success of any business is dependent on just two factors: innovation and marketing!” This quote has been attributed to one of the greatest business minds – Peter Drucker, and it has become my daily mantra. Virtually every business decision I need to evaluate nowadays, I will invariably always apply this quote to it before concluding.
What is one of your favorite books?
One of my all-time favorite books is “Nudge: Improving Decisions About Health, Wealth, and Happiness” by Richard H. Thaler. The book centers on the idea of ‘libertarian paternalism’ which I find fascinating, and the premise behind it is that people who can positively influence behavior should but at the same time respecting freedom of choice. The author throughout the book makes a strong case for the term ‘choice architecture’ whereby redesigning the default option can improve consumer decision-making.
What do you enjoy doing in your spare time?
Most enjoyable for me is being able to give back through volunteering, and this could be mentoring young professionals or serving on the board of a nonprofit. My success to date has been due to people at various times throughout my career going above and beyond by helping me in a time of a need. It has made me realize that no one can succeed on their own and that sometimes just the smallest gesture can significantly improve someone’s wellbeing.
What is one advice you can give to our readers?
My number one piece of advice is to those entrepreneurs who when starting a company, and get so drawn into trying to make it succeed that they neglect the rest of their life is don’t! I speak from experience, and although you may find yourself succeeding in your business. However, you will one day come to the realization that achieving it wasn’t worth putting all your family and friends on hold.