Welcome back to the Scale Your Small Business Podcast with your host, Jillian Flodstrom. We’re with award-winning wealth advisor Chris White. Chris has over 20 years of experience working with thousands of families, entrepreneurs, and executives, helping them clarify uncertainty, right the planning wrongs, and develop multi-generational legacy plans they can be proud of.
Chris got his start when it was approached in college for an internship in sales. From there, he moved to a sister, finance company where he put in the work to learn about the inner workings of finances.
In this early post-COVID world, Chris sees many businesses struggling with supply chains with no end in sight. Supplies, if you can even acquire them in the US, are costing much, much more. Additionally, Chris sees a shortage of personnel in the workforce. Talent is hard to find and even harder to keep.
Time waits for no man, and that means your financial future is at stake, too. You don’t know how much time you’ve got, and many people put off planning their finances. It could be, Chris says, due to a fear of the work that comes with getting your financial house in order. It can be viewed as too heavy a lift to overcome. Everybody’s got a plan, but you have to put in the effort to achieve financial security.
The first small step to getting the process started is having a good team around supporting you. It’s worth the time to find the right people to get on your team. You want people who will collaborate on behalf of their clients to help them reach their financial goals.
Chris frequently sees people who have followed bad financial advice that has led them down the wrong, difficult road. Ensure you’re only utilizing solutions you understand and are the right fit for you. Many people go on autopilot and don’t bother to check their finances at all. Even small tweaks have a big impact over 10 years.
Finding good advice is a Google search away, but do your due diligence and ensure the information you’re getting is from a reliable source. Consult with your financial advisor or financial team before committing.
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