CSA to RIA Operator

Ep 009: Fish vs. Whale

Take your annual revenue, divide it by 250, that's the number you have to bring in each day. $1,000,000 annual revenue / 250 = $4000 per day If you're a business owner (or thinking like one as an RIA Operator [http://skool.com/ria-os]), write that number on a post-it note and place it on your computer screen. What are you doing each day to ensure that the business brings that in, will continue to bring that in, will grow and bring more than that in? Subscribe on LinkedIn [https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7033971897616781312]

Ep 008: Most effective tactic available

The ability to teach more than one person at a time how to do a specific task/skill is M.E.T.A. When you document how you do something and organize it for others to follow, you have become a teacher. If you teach one person, that's risky; if you record your teaching and organize it into YourFirmOS, you are teaching many people, possibly even people you may never meet. Someday you may move on to another firm and build YourNextFirmOS... and YourFirmOS will continue to provide value to the owner, your co-workers and new team members for years to come. Get started with Skool [https://www.skool.com/refer?ref=4ec1b5565bbb4ee5b5ff5eb1cd686f58]. Subscribe on LinkedIn [https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7033971897616781312]

Ep 007: Why work at all?

It may seem obvious, but this week I'd like to iron out why we work at all. This newsletter is about 2-3xing your income, income that you trade work for. So why do we need income? We need income for two reasons: 1. To keep something 2. To get something But I'm going to use inversion thinking, as Charlie Munger said: "One of my favorite tricks is the inversion process... And just reverse the problem." So instead of why work, why be lazy? Subscribe on LinkedIn [https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7033971897616781312]

Ep 006: Think like an owner

Some of my most memorable projects as a CSA, Paraplanner, and Ops Manager came when I decided to "think like the owner," many times solving a problem that hadn't been specifically assigned to me. Frankly, more often than not, the owner/founder is too busy to give direction, implement changes, simplify operations... and this is where you can provide a lot of value. Subscribe on LinkedIn [https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7033971897616781312]

Ep 005: Who can help me achieve this?

"There are a couple of the gals that we've hired in the last couple of years who have been in horrific and I think abusive work situations..." Nancy Knous, CFP®, CFS™ [https://www.linkedin.com/in/ACoAAAFvemwBVuRmNhRn71ljd4ZinT0aFOCA0ks] This comment from the latest Michael Kitces [https://www.linkedin.com/in/ACoAAAAiXW4BVdty-aNqzmqbQiT6oQg6_bvtTTA] podcast struck me, and struck me hard. For one, because I've worked for an advisor like this, and also worked with several other people in this industry who have a similar story. It's possible you are working in a situation like this right now. You might be telling yourself "its not that bad, I'm exaggerating..." If you cry during or after work, can't sleep well at night, and dread going into the office... you're not exaggerating. The reason I started with this is that "who" you're working with is as important as any "how" on the journey from CSA to RIA Operator. Subscribe on LinkedIn [https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7033971897616781312]