“Please, please let your team make mistakes.” That was the plea from a leading US consultant at a recent conference I attended. One of the keys to building a business that can continue to grow and perform in the long-term is creating future leaders, and it’s something that many business …
Displaying 446 Posts categorized under Forward Thinking
What’s Different About The Best Firms?
A recent 2018 adviser survey by Schwab in the US noted that the top 20% of firms were growing at almost 15% pa (ok, it was 14.3% pa), and the remaining 80% were averaging 3.7% pa.1 If you grow at 15% pa you double the size of your business every …
The professional development tool you’ve never heard of…
I’ve spoken to several business owners who are trying to develop a struggling adviser. Here’s an idea you probably haven’t thought of that just might work. Do you have any advisers in your business who are struggling a bit? Are you an adviser who just knows you could be better …
Ten of the best from Neil Bailey of Fortitude Financial Planning
It’s great to hear from leaders in the profession. They’ve often forgotten more than many of us actually know. This week’s guest blogger is one of those leaders. Neil Bailey is one of the owners and leaders of Fortitude Financial Planning. I asked him 10 Questions and asked him to …
The one key person you need in your business…
Financial planning firms that want to grow are recognising that there’s one important position they need to recruit for. Read on to find out more. If you want to grow your business faster AND have more fun while you do it, then it’s vital to consider hiring a practice manager. …