In the Everyday Champion Steps to Succes model, I talk about how important it is to build your own team. Having the right people in your corner to support you and provide advice and feedback is critical for your success.
In part 1 of 'Build Your Team' we will take a look at your financial teammates. Your team should include a creative CPA, an expert investment advisor, an insurance professional for risk management, and attorney’s. No I do not mean having a slick CPA help with your taxes at the end of the year, but a team of experts who take a proactive approach to your business and personal life.
We all want to make more money. However, instead of adding more work hours in our day to do so, doesn't it make more sense to first figure out how to keep more of what you are already making?
A client of mine just recently discovered that they can put almost six figures back in their pocket each year without even having to add any additional income! How? It ultimately all comes down to the business structure that is right for you. Taking the time to assemble a talented team like this can be very time consuming and expensive, but, I have a solution! I have a team available to work with you on your unique plan to hit your financial suite spot.
Another important area that individual's tend to take for granted is their investment portfolio. In other words, what strategies and methods are you using to make your money work for you. Stocks, bonds, mutual funds, 401K's, etc. are all important to be aware of. However, wouldn't it be mentally comforting if you knew that your hard earned money would not be lost if the stock market were to suddenly crash? Or another terrorist attack shut down the markets? Or if more Enron’s were discovered?
You can invest in the markets with protection from all these events. Have you ever thought about getting insurance on your portfolio to protect you from losses? You have insurance on your car and home, so why not on your largest asset?
So as you can see, you will give yourself the winning edge by including a financial team on your side. The team I put together for myself and all of my professional clients is headed by Dan Venegoni. You can find out more about Dan and his team at
www.SmartTaxMoves.com.
While many of you right now are thinking "I already have a guy who does that stuff for me", TRUST ME and do yourself a favor by at least contacting Dan. You will not regret it!
The bottom line is that building your financial team (whoever that may be) is a HUGE factor in your success! In part 2 of this series I will discuss how to build the rest of your team to help you become an Everday Champion!