Building Your Wealth Creation Team

EP 012: A large amount of the success or failure you have in business will be based on the talent you recruit to work in your business.

The difference in results between hiring 1 quality A player VS a B player is astronomical.

Many times in business I hired people I liked or already knew rather than recruiting properly for the person who was more capable and had experience in a business like mine.

Each and every time I ended up regretting it.

I'd go as far as to say 1 A player is worth 2 B players… or 5 C players.

Now, the same can be said when it comes to building your wealth team.
Working with those A+ players is key to the results you get.

Do not make the mistake of putting the wrong people on your wealth team!

I hope this episode offers insights into who you might need for your team.

Episode Highlights:
00:00 Introduction
02:09 Why you shouldn’t DIY wealth creation
07:31 You just don’t know what you don’t know
10:22 Wealth creation goes beyond compliance
14:17 The importance of having a wealth creation team
21:45 Members of our wealth creation team
21:53 Member #1: Partners
27:57 Member #2: Accountants
33:29 Member #3: Bookkeepers
37:06 Member #4: Buyer’s Agents
42:05 Member #5: Lending Specialists
49:06 Member #6: Network and Advisors
52:26 Member #7: Conveyancer
55:42 Member #8: Property Managers
58:37 Member #9: Brokers
59:58 Other possible wealth creation team members
1:04:27 How to design your wealth creation team
1:09:18 Does your team need to be in the same location?

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Resources:

○ Business and Investing website: https://www.businessandinvesting.com/

○ Episode 004: Creating Wealth Goals as a Business Owner - What’s Enough? https://businessandinvesting.com/ep-004-creating-wealth-goals-as-a-business-owner-whats-enough/

○ Download the Business Owner’s Guide to Building a Wealth Creation Team https://businessandinvesting.com/how-to-build-your-wealth-creation-team/

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