From Busy to Rich

By Wes YoungBusiness Entrepreneurship Careers Management

From Busy to Rich episodes

October 11, 2023S10E5- Building a Great Team Part 2
In this episode of the "From Busy to Rich" podcast, Wes and team welcome back Stephanie to discuss the process of hiring the right people for your team. They share insights on creating job descriptions, filtering applicants, and utilizing assessments to evaluate candidates. They emphasized importance of cultural fit, values alignment, and open communication. They also discuss the significance of regular check-ins, setting clear expectations, and providing feedback to ensure everyone is on the same page. They encourage advisors to trust their instincts and not settle for less when hiring.
Click here to watch video version.
In today’s episode we will cover:
Discussion on how to hire the right person for a team
Importance of filters, job descriptions, and assessments in the hiring process
Importance of cognitive abilities, skills, cultural fit, and values alignment in hiring
Use of assessments and conversations to learn more about potential hires
Handling rejection and team interviews in the hiring process
Importance of regular check-ins, clear expectations, and feedback with employees
Trusting employees and empowering them to take initiative
Importance of having the right people on the team and the negative impact of having the wrong people
We hope you enjoy this episode, and would love to hear your feedback by leaving a review. Also, for the month of October you can take advantage of our SPECIAL OFFER. For this month only, you can get 50% OFF of any of our on-demand courses by visiting www.wesyounglive.com and use discount code OCTOBER2023.
34 min
October 04, 2023S10E4- Building a Great Team Part 1
You’ve reached the point that’s it’s time to grow your team, now what? That is a question that plagues many advisors as they’re building their practice, especially when looking to take it to the next level. In today’s episode, which is part one of a two-part series, we will begin tackling this challenge as we’re joined by special guest Stephanie McKinney. Stephanie was the first hire Wes made, and has been with the company for over 15 years. Join us as we get her insights into the evolution from administrative assistant to an operations director role, and some hard-earned lessons learned having helped to build the current A Team.
Click here to watch video version.
In today’s episode we will cover:
The importance of pushing staff to reach their full potential
Evolving roles and growth
The concept of delegation and its’ role in their working relationship
Giving employees the freedom to take on responsibilities and learn from mistakes
The financial concerns of hiring additional team members and gradual adjustments
We hope you enjoy this episode, and would love to hear your feedback by leaving a review. Also, for the month of October you can take advantage of our SPECIAL OFFER. For this month only, you can get 50% OFF of any of our on-demand courses by visiting www.wesyounglive.com and use discount code OCTOBER2023.
27 min
September 27, 2023S10E3- We are not Immune to What We Consume
Do In this episode of the "From Busy to Rich" podcast, Andy and Wes discuss the concept of intentional consumption and its impact on personal and team development. They emphasize the need to be intentional about what we consume and how it can shape our lives. Wes shares examples of how his team dedicates time each week to discuss resources that contribute to their growth, and the value of investing in team development. Andy adds that small changes in our consumption habits can lead to significant results.
Click here for video version.
In today’s episode we will cover:
Intentional consumption and its’ impact
Investing in intentional team development
How to make consistent, small, impactful, changes
Consequences of not being intentional
We hope you enjoy this episode, and would love to hear your feedback by leaving a review. If you want to further explore these or other topics you can learn more at www.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
22 min
September 20, 2023S10E2- Are you an Arsonist?
Do you feel like you’re constantly putting out fires in your life or business? In this episode of the "From Busy to Rich Podcast," Andy and Wes discuss the concept of being responsible for our own destruction and how our mindset and reactions can contribute to creating unnecessary problems in our lives. They emphasize the importance of recognizing our own behavior and reactions, and encourage listeners to reflect on whether they are the ones fueling their own fires. They also discuss the importance of controlling our reactions to disruptions and choosing a positive mindset.
Click here for video version.
In today’s episode we will cover:
Being responsible for one’s own destruction
Difficulty in recognizing this behavior in ourselves
How we fuel our own fires
Avoiding unnecessary suffering and drama
We hope you enjoy this episode, and would love to hear your feedback by leaving a review. If you want to further explore these or other topics you can learn more at www.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
30 min
September 13, 2023S10E1- The Power of Living in Two Different Futures
In this podcast episode, Andy and Wes discuss the concept of living in two futures, inspired by Seth Godin, and share personal experiences and examples of companies that either embraced or rejected the idea of embracing a different future. They highlight the importance of learning from failures, embracing hope, and having positive expectations for the future. They also discuss the challenges faced by organizations and the importance of thinking about the future as a financial advisor. They provide three takeaways for advisors and encourage listeners to embrace a future that is designed by them, rather than settling for incremental growth.
Click here to view video version.
In today’s episode we will cover:
Living in two futures and embracing a better future
Learning from past failures and not letting them define the future
Difference between incremental growth and transformative growth
Challenges faced by organizations
Thinking about the future for financial advisors
We hope you enjoy this episode, and would love to hear your feedback by leaving a review. If you want to further explore these or other topics you can learn more at www.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
39 min
September 06, 2023S9E3- The Journey to Fee Based Advice! “Embracing Failure on the Pathway to Success – A Chat with Tim Kennedy”
Have you ever wondered what it takes to become a professional fighter, an elite soldier, or successful business owner? In this podcast episode, hosts Andy Traub, Wes Young, and Justin Lakin introduce their special guest, Tim Kennedy, highlighting his impressive accomplishments as a business owner, former special forces green beret, and UFC fighter. They discuss the concept of "normalize the new" and how Tim has embraced change and reinvented himself throughout his career. Tim shares his experiences of facing failure and transitioning to new opportunities. The conversation also touches on the importance of having a vision, surrounding oneself with like-minded individuals, and living for a greater purpose.
Click here for video version.
In today’s episode we will cover:
Introduction to Tim Kennedy and his accomplishments
Tim’s experiences of facing failure and reinventing himself
The Importance of having a vision for one’s self and its’ impact on decision-making
Importance of surrounding oneself with like-minded individuals
Discussion one meaningful financial planning and serving a greater cause
If you want to learn more about Tim Kennedy, and all the great work he has done, we encourage you to visit his website atThe Tim Kennedy Homepage. Maybe you’re advisor interested in taking your own planning practice in a new direction, in that case you can learn more at wesyounglive.com. Or if your interested in speaking with an advisor for your own planning then you can find more information at wesleyyoung.com. Again, thank you for joining and we look forward to next time.

Follow Tim Kennedy –
LinkedIn
Instagram
Twitter
Facebook
49 min
August 30, 2023S9E2- The Journey to Fee Based Advice! “Real Financial Planning with Carl Richards”
What is “real financial planning?” In this podcast episode, Wes and Justin welcome Carl Richards as a special guest. They discuss the concept of "real financial planning" and aligning one's use of capital with what is important to them. Carl emphasizes the importance of recognizing human tendencies and biases in financial decision-making and encourages a mindset of curiosity and experimentation. They also explore the role of financial planners as guides in a changing landscape and navigating uncertainty. Carl introduces the Society of Advice, a monthly membership program that focuses on personal growth and self-discovery. The episode concludes with a discussion on trusting one's intuition and making meaningful decisions.
Click here to watch video version.
In today’s episode we will cover:
The essence of “Real Financial Planning”
Transforming from Defenders to Guides
Navigating risks and uncertainty
The power of reflection
If you want to learn more about Carl Richards and all the great work he has done we encourage you to visit his website at The Society of Advice. Maybe you’re interested in taking your own planning in a new direction, in that case we would love to have you join us in one of our coming Transform University series. You can learn more at wesyounglive.com. Again, thank you for joining and we look forward to next time.

Follow Carl Richards:
LinkedIn
Instagram
Twitter
34 min
August 23, 2023S9E1- The Journey to Fee Based Advice! “Time is Capital, Spend it Wisely”
In this episode of the "From Busy to Rich" podcast, Andy Traub, Wes Young and Justin Lakin discuss ways to increase profitability and quality of life for financial advisors. They focus on the quote by Richard Koch about spending time in low-quality ways and emphasize the importance of being intentional about how time is spent. They also discuss the need for financial advisors to be paid for their advice and transition to a fee-based model. They encourage advisors to invest in their own development and design their own approach to better serve clients. They also highlight the importance of evaluating current approaches and exploring alternatives.
Click to view video version.
In today’s episode we will cover:
Importance of not spending time in low-quality ways
Wasting time on unnecessary information and unimportant conversations
Undervaluing planning services and not charging separately for them
Shifting mindset from doing a plan to being a planner
Evaluating whether current approach is working and exploring alternatives
We hope you enjoy this episode. If you want to further explore these or other topics you can learn more atwww.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
31 min
August 16, 2023S8E3- Innovate or Stagnate “Transformational not Transactional”
In this season of the "From Busy to Rich" podcast series, hosts Andy and Wes discuss the importance of innovation and transformation in the financial advisory industry leaning on the example of the Blockbuster vs. Netflix story to highlight the consequences of resisting innovation. They stress the need for personal transformation before focusing on business and marketing strategies, emphasizing the role of mindset in determining success. They introduce the concept of thinking transformational rather than transactional, and discuss the challenges of breaking free from routine and comfort. The hosts encourage listeners to embrace new ways of thinking and visualize a 10x improvement in all areas of their lives.
Click to watch video version.
In today’s episode we will cover:
The importance of transformation in the financial advisory industry
The need to shift from transactional thinking to transformational thinking
Personal transformation first, and then business transformation
Challenges making the transition
Letting go of the old, and embracing the new
We hope you enjoy this episode. If you want to further explore these or other topics you can learn more atwww.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
35 min
August 09, 2023S8E2- Innovate or Stagnate: “Direction, Not Intention, Determines Destination”
Have you ever ended up somewhere that wasn’t where or what you intended? In this podcast episode, Wes, Andy, and Justin discuss the importance of direction versus intention. They continue on the use of examples on Blockbuster and Netflix to illustrate the risks of resistance to change. They emphasize the need to assess the risk of not taking action and the challenges faced by large corporations in embracing innovation. Wes and Andy share insights on organizational structures that resist change and lack the right culture. He encourages advisors to have conversations with organizations that have the capacity and desire to carry out necessary changes on direction versus intention.
Click to watch video version.
In today’s episode we will cover:
Explore the differences between direction and intention
Dangers of organizational structures
The negative impact of decision-making processes that involve multiple layers and lack direct communication
Time for innovation
We hope you enjoy this episode. If you want to further explore these or other topics you can learn more at www.wesyounglive.com and use discount code PODCAST25 for 25% off, or if you’re interested in attending our next Transform University click here for information on how to sign up.
23 min

About From Busy to Rich

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In an effort to get the most out of life many people often live a margin-less life, and leave many things undone. In the Busy to Rich Podcast Wes provides unique insights from over 20 years in…