EP 012: Building Your Wealth Creation Team

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.

DISCLAIMER: All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

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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