I took 9 new client phone calls in July; over my career I have spoken to hundreds of people about their journey and goals around money. Allow me to share a few observations.
I spoke to a 68-year-old with a net worth of about 1.6 million. I also spoke to a 30 year old that has little money.
Here is something to consider. Both of these two people had the intelligence (one’s ability to think and learn) to identify their dreams and get busy absorbing information/coaching and creating a new future for themselves. A future that they knew they needed help creating. (Or at least we can reasonably deduct they wanted help creating – that’s why they called a financial planning company)
Both of these examples can be found taking action based on the coaching rendered from their advisors. People that act intelligently (ones ability to think and learn) AND take wise actions to move forward in creatingtheir future, those are the people really creating meaningful outcomes! Consider the definition of wisdom. Wisdom is the quality of our judgment.
The point is you need intelligence, wisdom and action to really move the needle in any area of your life you are out to intentionally elevate and optimize.
Both of these examples (a wealthy 68 year old, and a broke 30 year old) both applied intelligence, wisdom and action. Both of these individuals are on a path to financial freedom – I admire and acknowledge them both!
Contrast that with the alternative – in the financial planning space we see the default results of a person’s financial choices all the time – where neither intelligence, wisdom, nor action is applied! That’s a default future and there is nothing excellent or pretty about it! There is nothing pretty about a defalt future in any category, but especially in financial planning / investments!
My coaching… apply intelligence, wisdom and action in as many aspects of your life and be aware enough to notice when you are acting without intelligence, wisdom or action. Coming from a place of intelligence, wisdom and action is far superior to the default result that so many around the world are comfortable with.
If your outcomes have not been excellent, in any category, it’s time to display intelligence, model wisdom and get into action!
The primary takeaway from my two examples is that it’s just fine for a younger person to have little currently saved. You can see the possibilities a young person starts to create for themselves as they work to acquire knowledge, make wise decisions and get into action. By leading with those three words, I’m telling you that I have seen some amazing results occur! Remember, we all have/had to start somewhere. If you are not where you want to be in your financial planning, it’s time to level-up on intelligence, wisdom and action!
Especially around your finances, don’t be the person/couple/company with a default future. It’s not a good place to be, at any age; it’s a dead-end of ignorance that is sure to leave you with one predominant feeling….. REGRET!
Joe Griffin
Joe has been building and managing financial planning firms for the past 14 years. He loves the financial planning space and is very proud of the success and growth that has come from his proprietary marketing and leadership. Joe spent years being involved with the bright minds of the investment committee at Utah’s 529 college savings plan – a plan managing over 20 billion. Joe only works with firms that are stated fiduciaries on a client relationship. Joe is committed to leading a financial planning firm with ethics and integrity. The money management philosophy that Tencap subscribes to is built on strong academics and is supported by a highly impressive academic board. We can't wait to coach you on the excellence that Tencap stands for.
