This week on Stay Paid, Adam Rean Bohlen, director of business consulting at Financial Resources Group Investment Services, notes that while an independent financial advisor, real estate agent, or other entrepreneur might be an expert in what they do, it doesn't necessarily mean they know how to create and manage a profitable company. That's why mastering the core principles of running a business is essential across all industries. Listen to find out where businesses often fail when it comes to their value proposition, alternative ways to increase revenue that don't involve converting more leads, and some commonsense approaches to motivating employees to perform at their best.

Be sure to check out our show notes at staypaidpodcast.com for more in-depth information and added details not included in the episode.

Connect | Resources

LinkedIn: Adam Ream Bohlen

Website: https://financialresourcesgroup.net/

0:00 Introduction

0:41 Adam's backstory

1:33 Helping advisors find efficiencies

4:09 Doubling down on what you do well

4:50 Evaluating your value proposition

8:12 Squeezing more value out of existing business

11:37 Getting clients to execute on a plan

14:35 The importance of integrity

17:01 Action Item