What You'll Learn In Today's Episode:

• Business planning is essential for practice transformation.
• Accurate data is crucial for understanding your practice’s performance.
• Professional development should be a continuous process.
• Understanding the job market is essential for effective hiring.
• Utilizing unconventional methods can yield great candidates.

In this recap episode, Amber shares highlights on crucial aspects of running a successful financial advisory practice and insights on hiring and retaining top talent.

On Monday, Matt and Micah emphasized that delivering massive value doesn’t happen by chance. They advocated for dedicated business planning sessions that involve four key areas: analyzing current performance with accurate data, setting short and long-term goals, aligning these goals with your ideal life vision, and establishing measurable action steps.

On Thursday, Jamie offered a fresh perspective on hiring in today’s competitive job market. She suggested creating a thorough hiring process to identify candidates truly invested in a career change rather than just seeking a job. Jamie provided valuable information on the roles she’s consistently hiring for and shared insights on compensation ranges for various positions, from entry-level to senior roles.