Remember

 


Traumatic events cause lasting memories and indelible reactions. We can remember where we were when traumatic events occurred in our life. In business, most of us will experience a corporate restructuring. This is a euphemism for getting fired. Many new independent firms are formed by professionals who were restructured. How we rebuild and what we remember is important. This week we will detail items we should remember. 



New Ideas

New ideas are the lifeblood of any successful firm. We need to be open to where the ideas comes from. It might surprise us. We need to keep an open mind and encourage all to contribute their ideas. Each idea will help us grow. 



Endorsements

Endorsements are prevalent in business. Is it just the fee or do the endorsers actually use our service? Unfortunately, most don’t use the services. Is our money better spent on different items. The Federal Reserve Presidents  Believe we need to minimize the appearance of conflicts. It is human nature to assume everyone loves us  



Popularity 

I have always cared about what other people thought about me. My focus on popularity is easy to measure using technology. The question is do we care about how many likes and followers our business has? We shouldn’t care as much as social media firms. 


Our mantra regarding 9/11 is we will never forget. Our mantra for our new independent wealth advisory firm is we need to forget most of what Wall Street taught. 

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