What are the takeaways?
- Start to document processes and create a rock-solid continuity plan for the business.
- Start to create a “wish list” database of people you meet who are smart, creative and could be a potential cultural fit for the business. (And stay in touch with them!)
- Become familiar with “advisory enterprise value” and have a rough estimate of your business’ value at all times.
- Commit to either the “Life Style Practice” or “Wealth Management Enterprise” pathway.