What You'll Learn In Today's Episode:

• Be Open to Learning and Admit Your Vulnerabilities: It’s important to be open to learning from others, and this vulnerability allows for productive discussions and learning opportunities.
• Ask the Right Questions: When discussing your practice or profession, asking the right questions is crucial. 
• Measure More Than Just Income: Assets and revenue are only part of the story when evaluating a practice. It’s important to consider multiple aspects of your business to understand its setup comprehensively.
• Beware of Unsolicited Advice: It’s essential to question and verify the advice you receive and ensure it comes from credible sources.
• Transparency and Honesty Are Crucial: When seeking advice or insights from experts, it’s valuable to hear about their pain points, challenges, and successes.

Matt and Micah kick off the conversation by discussing a recent conference experience, which turned out to be a masterclass in learning from others. They’re exploring the significance of asking the right questions to truly understand the industry, and the importance of transparency, not just in sharing successes but also in discussing mistakes. Drawing from personal experiences, they caution against unsolicited advice and urge listeners to verify advice from credible sources. Their practical advice extends to a call for honest self-assessment and using real numbers to evaluate one’s practice. Being open to learning, asking the right questions, and embracing transparency are fundamental to growth and success.

Ideas Worth Sharing:

‘You’ve got to get all these different parts together to really understand how a practice is set up.’ - Micah Shilanski Share on X
‘I wish somebody would have told me how hard it is to get to any level of success in our industry.’ - Matthew Jarvis Share on X
‘It's good to talk about the things that work. It's also great to talk about the mistakes that you made.’ - Micah Shilanski Share on X

Resources In Today's Episode: