In May of 2020, Airbnb CEO and co-founder Brian Chesky sent a letter to all staff announcing the firm’s decision to layoff 1900 employees (25% of their workforce). Like many in the travel and leisure sector, they’d been hard hit, with revenues down 80%. The way the three founders of …
Why say ‘no’? Steve Jobs said, “True innovation is saying no to a thousand things”. The same logic applies when you are thinking about your own business. It might be saying ‘no’ to certain types of clients, so that you can say ‘yes’ to the clients you really want. It …
For most financial planning firms, the vast majority of their time is spent on servicing existing clients. Much of that time is spent preparing for and delivering client reviews; or ongoing planning meetings as some people prefer to call them. Your ongoing planning meeting is the engine-room that delivers client …
Everyone knows that to run a successful business you need to be tracking some key metrics. Business management guru Peter Drucker is often quoted as saying “you can’t manage what you can’t measure.” As a result, most financial planning firms measure loads of metrics. However, not all metrics are created equal. For …
Holidays provide the perfect time to step away and re-align our goals and values. With back to school on its way, it’s time to get back to business. Here are some great must-read articles we shared on FP Advance social media this August to help ease you back into getting things …