Why You Need Personal Advisors

Bill Gates has always been a mentor and inspiration for me even before I knew him. Just growing up, I admired how Microsoft was mission-focused.

Mark Zuckerberg

Our world has become a very complex place. Just filing your tax return, planning for retirement, rewarding your employees—even buying a home—has become more complicated than ever. That’s why every high achiever has a powerful team of personal advisors to turn to for assistance, advice, and support. In fact, this team is so critical, it pays to begin assembling the team early on in your success journey.

Regardless of whether you own a business, work for someone else, or stay home and raise your children, you need personal advisors to answer questions, help you plan, ensure that you make the most of life’s efforts, and more. Your personal advisors can walk you through challenges and opportunities, saving you time, effort, and usually money. Your team of advisors should include your banker, your lawyers, a high-net-worth certified public accountant, your investment counselor, your doctor, nutritionist, personal trainer, and the leader of your religious organization.

In fact, if you run a business, this principle takes on a whole new meaning. So many business owners, for example, don’t even have an accountant. They run their entire business on a computer program and never have any outside expert checking their numbers. They never form relationships with outside consultants who can free them up to pursue their core competency and help them grow.

If you’re a teenager or a college student, your team might be your parents, your best friends, your football coach, your counselor—people who believe in you. Often with teens, we find that their parents aren’t really a part of their core group but instead are part of the enemy. Sometimes this is the teen’s perception, but sometimes it’s actually the way things are. If your parents are dysfunctional, alcoholic, or abusive, or if they’re simply not there because they’re workaholics or divorced, you need a team of friends and other adults in your corner. Often, it’s a parent of another teen in your neighbourhood.

If you’re a working mom, your core group should include a good babysitter or day care program.
Not only should you investigate them thoroughly, but you should also have a backup resource. You should have a good pediatrician, and dentist, too, plus others who can support you in raising healthy, happy children as you pursue your career.

Athletes have their coterie of coaches, chiropractors, nutritionists, and performance consultants.
They have, as part of their support team, people who specialize in designing diets for their body type and for their sport. They find trustworthy advisors and build and maintain those relationships over time.

Once you determine who members of this support team are, you can begin to build and nurture those relationships. Make sure team members are clear about what you expect from them and that you are clear about what they expect from you. Is this a paid relationship? What kind of working relationship is preferable? How can both of you be there when the other person needs you? How can team members help you grow and succeed?

And finally, how can you keep in touch with them and best maintain this relationship? I recommend that you create a schedule of monthly, quarterly, or semiannual meetings with every member of your team.

Now that Covid19 (coronavirus) has sent almost everybody indoor, it’s going to be important to create new routines and find meaningful ways to spend our long days at home.

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Getting lost in good books will be a very good decision. They are the perfect way to spend long lockdown days.

Stay home, stay safe.

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