This week, Steve talks with Rob Ryan about time management, productivity, and how to approach learning. Ryan is the Principal at Ryan Wealth Management.
Rob has been building Ryan Wealth Management for 24 years in a mid-size agriculture city in California. His location is also indicative of the type of clients he serves: mid-size accounts for people embedded in the agriculture industry.
Going into the military as a pilot at a young age, Rob learned the importance of checklists and procedures and how they can ensure efficiency and clear communication. He also learned the value of focusing his energy so that he could put his effort where it’s most needed.
In this episode, Steve and Rob talk about the beauty of processes and checklists, what a truly diversified portfolio looks like, bucket lists, and more!
”I just want to get it right so that I don’t have to keep putting my energy, which is limited as one human being, into that one event all of the time. If I can at least set out the path, then I can walk away from that, and it’s automated in a sense through that person or through that computer process — and I don’t have to think about that anymore. I can move on to something else to think about and add something more to my engine here.” ~ @RyanWealth
- Efficiency comes from establishing procedures and processes. This enables you to be more productive with your time and your clients’ time.
- If your portfolio is truly diversified, there should be a section in your portfolio that is not being affected by the market.
- If you’re doing something more than once in your office, then it probably means that it’s a task that can be automated to some extent. Look for those areas of opportunity.
- It’s important to encourage clients to think about leaving behind more than just money for their families. It’s about leaving behind a legacy of good decision making as well as positive memories that last a lifetime.
- Listening to your clients’ feelings and asking them personal questions not only helps build a strong relationship but it also provides insight into the areas of their investment strategy that you need to focus on as an advisor.