There are several steps you can take to increase your chances of financial success. However, one you should really consider is building your financial success through teamwork.
Generally speaking, it’s very difficult to do everything yourself and be an expert on all topics. If you agree, then the notion of building wealth and making money through teamwork makes perfect sense. In fact, the notion of building a team can be applied several different ways.
- Couples / Partners - A husband and wife, life partners, or even business partners working off the same financial plan can really accomplish more in a shorter period of time than an individual.
- Trusted Advisors – Chances are, you are already surrounded by these experts but do not leverage their knowledge to accelerate your financial success. Examples of trusted advisors could be your lawyers, financial advisors, realtors, etc.
- Mentors – Finding someone who has significant experience in your area can really help you get ahead. Why learn everything the hard way when you can have your own personal coach to help you get ahead faster?
- Networking – This is one of my personal favorites and an area I wish I had developed sooner. It is also an area I personally have to work harder at since I am more introverted by nature.
- Friends and Family – While this can be a rich source of experience and advice, I would tap into this area carefully. Not all of your family or friends will necessarily understand or support your financial goals. Also, your friends and family members may not necessarily have the right experience in the areas you are pursuing. If this does not apply to you, even better!
- Your “Staff” – Have you ever seen a CEO of a Fortune 500 company run the entire show? In your personal life, your staff could be a gardener, the drycleaner, a housecleaner, a nanny or babysitter, automated bill payments, your CPA during tax season, etc. If you have help in the right areas, you can free up to work on achieving your financial plan.
A team can help you work smarter instead of having to work harder. In fact, once you have your team in place, you’ll see the difference almost immediately.
To your wealth and success!
Brion Lau is the Co-Founder of Financial Fitness Pro. The company is dedicated to promoting personal financial education and wealth accumulation.
[tags]wealth, finance, money, investing[/tags]
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