The More Things Change

 I remain afraid of snakes. They have survived many environmental changes. This week we will discuss other items that haven’t changed. There are numerous changes to our wealth advisory industry, but there are several items that remain the same. We need to embrace this reality and accept we can’t change everything.

Many families are starting a new business. This creates a whole new set of challenges. Who will run the firm and is there an interview process for younger family members. The issues need to be addressed at the family level first before we start a business. No changes here.

When we were dropped off at school we realize that we are on our own. The reality is shocking but it is the first step to our independence. There is no short cut. We need to figure out how to be our own boss. 

We typically use celebrity endorsements to validate our business. Unfortunately celebrities are humans too and understand little about our business services in addition to our endorsement check. When I have met celebrities I am underwhelmed how different they are to my fan boy image. They put on their one pants one leg at a time like we all do. No change here.  

Even as the pandemic, meta verse and Bitcoin changes can seem overwhelming. The changes aren’t that different than changes in the past.  We can assure our clients that we have seen this before.  The more things change the more they stay the same.