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Why Traditional Advisors Have Failed Entrepreneurs
Most traditional advisors have structured their services and offerings in such a way that entrepreneurs think it is not beneficial to them. Advisors are supposed to be most trusted by entrepreneurs on the professional side but it is only possible when the advisor’s interests are aligned with that of the entrepreneurs and what they want to invest in.
In this podcast episode, we discuss areas where the model of most traditional advisors isn’t ideal for entrepreneurs, and how we, at Destiny Capital, chose to do things a different way, more suited to the entrepreneurial lifestyle. We point out that although traditional financial advisors often do not serve the needs of entrepreneurs, there are others who think differently and champion the entrepreneur’s spirit. As long as you keep an open mind to it, you will find that there is someone who is definitely a good fit for you.
Tune in to this episode.
Resources:
- Destiny Capital (https://www.destinycapital.com)
What’s Discussed in This Episode:
- Reasons why entrepreneurs think advisors are ineffective [5:03]
- The structural setup of most advisors [7:17]
- How Destiny capital structured their service and offerings [11:05]
- Destiny capital’s pricing standpoint [11:51]
- A common complaint of entrepreneurs with advisors [14:05]
- What commitment should look like for financial advisors [16:59]
- The importance of delegation in helping entrepreneurs [17:17]
- The balancing component advisors should focus on [18:30]
- The area where most traditional advisors have failed [19:15]
- Why we serve entrepreneurs the way we do as opposed to the traditional setup [22:40]
If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
Connect with Already Successful:
Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
Like on Facebook: https://www.facebook.com/AlreadySuccessful/
Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/
See omnystudio.com/listener for privacy information.
View all episodes
By Entrepreneur Aligned
5
77 ratings
Most traditional advisors have structured their services and offerings in such a way that entrepreneurs think it is not beneficial to them. Advisors are supposed to be most trusted by entrepreneurs on the professional side but it is only possible when the advisor’s interests are aligned with that of the entrepreneurs and what they want to invest in.
In this podcast episode, we discuss areas where the model of most traditional advisors isn’t ideal for entrepreneurs, and how we, at Destiny Capital, chose to do things a different way, more suited to the entrepreneurial lifestyle. We point out that although traditional financial advisors often do not serve the needs of entrepreneurs, there are others who think differently and champion the entrepreneur’s spirit. As long as you keep an open mind to it, you will find that there is someone who is definitely a good fit for you.
Tune in to this episode.
Resources:
- Destiny Capital (https://www.destinycapital.com)
What’s Discussed in This Episode:
- Reasons why entrepreneurs think advisors are ineffective [5:03]
- The structural setup of most advisors [7:17]
- How Destiny capital structured their service and offerings [11:05]
- Destiny capital’s pricing standpoint [11:51]
- A common complaint of entrepreneurs with advisors [14:05]
- What commitment should look like for financial advisors [16:59]
- The importance of delegation in helping entrepreneurs [17:17]
- The balancing component advisors should focus on [18:30]
- The area where most traditional advisors have failed [19:15]
- Why we serve entrepreneurs the way we do as opposed to the traditional setup [22:40]
If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
Connect with Already Successful:
Subscribe on YouTube: https://www.youtube.com/channel/UCdP-TOyToXAc5iSIA4Ehc6g
Like on Facebook: https://www.facebook.com/AlreadySuccessful/
Connect on LinkedIn: https://www.linkedin.com/company/alreadysuccessful
Follow on Instagram: https://www.instagram.com/alreadysuccessfulpodcast/
See omnystudio.com/listener for privacy information.