If you’re into sport, you’d know that many good players turn out to be lousy coaches.
Why? Because the skills you need to be a good player are different to the skills you need to be a good coach.
The same rule applies in the financial planning industry.
Just because you’re a good adviser, doesn’t mean you’d be good at running a financial advice firm.
Here are five of the key skills you need to run a successful business:
Notice how that list doesn’t include ‘knowing different investment strategies’ or ‘understanding superannuation regulations’.
Don’t panic if you’re an aspiring entrepreneur and you’re lacking in those five key skills. All of them can be learnt.
The point of this post isn’t to talk you out of stepping up from employee to business owner. It’s to make you realise what the move involves so you can do it with eyes wide open.
Contact me at firstname.lastname@example.org if you want to discuss my programs designed for aspiring financial planning business owners.