Taylor Schulte realized he had an entrepreneurial spirit when he was introduced to and started working with a hybrid-RIA. He started to recognize that there are two clear paths: one of an entrepreneur and one of an employee. Personally, he likes both roles. He enjoys being a business owner and making high-level decisions, but also appreciates being in the weeds with financial plans.
As Taylor has grown his practice, Define Financial, he has slowly become more comfortable letting go of some financial planning focused tasks in favor of committing to the business owner mindset.
This episode is a must-listen for any young financial planner looking for advice on starting their own RIA, or are considering making the transition from investment-focused planning to comprehensive financial planning.
What You’ll Learn:
- Why delegating is so important as a business owner (and what you need to know if you are working for a business owners!)
- How to connect with other financial planners to improve your skills and gain confidence as a new planner
- How to transition from investment management to holistic financial planning (even when it’s scary)
- What “client ownership” means - and what it means to you
- How to use your age to your advantage in this profession (even if you’re young)
- Why committing to taking risks is crucial in your financial planning career