I was inspired by this video and started doing it today - wanted to share in case its helpful for anyone else. The tl;dr version: Buy a pocket-sized notebook like a Field Notes or similar Moleskine-style one and write down 8 critical tasks daily. They fit perfectly if you leave a blank row in between each for notes or extra info. Cross off each one as you complete it with the goal of completing all 8 every day - make sure they're critical to your work, family, health, etc goals, make sure they're bite-sized and specific. More inspiration for carrying a pocket notebook in the 2nd video

The first step in the RIA Operator roadmap is reviewing your compensation. Why this you say? Compensation is why most of us work... unless you're independently wealthy and are working because you want to. From personal experience, I've found that being compensated according to the value I feel I provide is life-changing for myself, my family, and inspires me to do better work! Which in turn helps my employer, colleagues, and clients. --- If you work for an RIA, think about your: - Base salary - Performance-based incentive pay - Benefits like PTO, opportunities for professional development, a defined career path, insurance - Equity ownership opportunities (more on this in Step 7) Based on the attached '22 Schwab RIA Comp. Report, here are the average total compensation amounts by job title: Senior Client Account Manager/Relationship Manager - $266,000 Investment/Portfolio Manager - $192,000 Business Development Professional - $167,000 Director of Client Service - $134,000 Operations Director/Manager - $120,000 Client Account Manager/Relationship Manager - $113,000 Financial Planner - $105,000 Technology Professional - $101,000 Executive Assistant - $95,000 Research Analyst - $94,000 Human Resources Professional - $94,000 Internal Accountant/Bookkeeper - $87,000 Compliance Associate - $84,000 Marketing Professional - $83,000 Trader - $80,000 Portfolio Administrator - $77,000 Office Manager/Administrator - $69,000 Client Services Associate - $68,000 Operations Associate - $66,000 Paraplanner - $64,000 Receptionist - $50,000 --- If you own an RIA, think about your products and services and how much you charge for: - Packaged services: starter, mid-level, premium - Subscription services: monthly or annual set fee - Goal-based services: Buying a house, navigating a divorce, planning for kids' college - A la carte services: Allow clients to pick and choose from your available options - Investment management: The classic AUM fee, should it be 1%, tiered, competing with robo rates, or premium rates of 1.5% like Matthew Jarvis and Reese Harper of Elements?

from Sahil Bloom 1. The Productivity Paradox: Work longer, get less done. 2. The Advice Paradox: Taking more advice can leave you less well-prepared. 3. The Wisdom Paradox: The more you learn, the less you know. 4. The Opportunity Paradox: Take on less, accomplish more. 5. The Boredom Paradox: The most creative, captivating ideas stem directly from periods of intense boredom. 6. The Social Media Paradox: More connectedness, less connected. 7. The Failure Paradox: You have to fail more to succeed more. 8. The Talking Paradox: Talk less, say more. 9. The Speed Paradox: Strong, reliable brakes allow you to go fast. 10. The Looking Paradox: Stop looking in order to find what you're looking for. 11. The Control Paradox: More controlling, less control. 12. The Persuasion Paradox: Argue less, persuade more. 13. The Fear Paradox: The thing we fear the most is often the thing we most need to do. 14. The Shrinking Paradox: Sometimes you need to shrink before you can grow. 15. The Effort Paradox: You have to put in more effort to make something appear effortless. 16. The Money Paradox: You have to lose money to make money. 17. The News Paradox: The more news you consume, the less well-informed you are. 18. The Intelligence Paradox: Intelligence leads to stupidity. 19. The Death Paradox: Know your death to truly live your life. 20. The Growth Paradox: Growth takes a much longer time coming than you think, but then happens much faster than you ever thought possible. "Simplicity is not simple."

Hi Everyone, just wanted to introduce myself and say thank you to Kate and Joe for letting me in here. Kate was a great consultant for us so I am glad to meet others who work with her (or are considering it). In our office, we are definitely grappling with Redtail, Zapier, eMoney, Calendly, Zoom... Superhuman... Mobile Assistant... Outlook... ugh. My head hurts just thinking about all of them. It's an entire job just keeping up with the applications. Of course, I've got clients too... and sales...