What's the best piece of advice you got as a new Principal or Partner?

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Never get a divorce during your peak earning years.

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Remember its a big world of opportunity out there. Easy to forget after years at once place.

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Consider yourself an entrepreneur that builds their own business within the firm

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*intrapreneur

P1 exactly

Don’t expect any handouts and focus on personal sales, generate own revenue, and incubate own pyramid of high performing people. Act like an owner. The name of the firm and branding - think of it like a franchise.

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Don’t trust advice from anonymous strangers.

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Advice from trusted sources can be more devastating sometimes

Nothing wrong with listening to advice from any source, but in the process, do not ignore your gut feeling. This is the single strongest source of direction that each of us has carved out over the years

Stay grounded and keep your head on straight. While you might feel self important It’s really just a job and you’re not saving lives or making the world a better place for all of us. Watch your habits and give grace to yourself and to others.

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Don't confuse effort with results.

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Distinguish rapidly between those who tell you "I want to see you succeed" but will not help you at all vs the ones that will. It will make your life a lot more easier when you understand whos taking you seriously vs whos paying you lip service.

Remember, at the partnership/principal level, theres a unspoken of competition where everyone is trying to come out on top, so not everyone is going to be your ally.

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Don’t pick the scabs off

Oh lol

Find and trust good leaders, and then give them a reason to invest in you

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I get so frustrated and annoyed when people make stupid common sense mistakes and I think it’s starting to affect my relationships. Don’t really know what to do.

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My best friend has Celeste!

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I really like finance, but I want to be a sole proprietor. Any ideas of what I can do besides making my own hedge book?

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I firmly believe leadership makes the difference.

Not only, it highlins each one's value, but especially spreads this value among others.
I'm speaking about life, in a broad sense, which also include work life, but it is not limited to that.

Looking for any kind of suggestion to improve my leadership: books, experiences, attitudes, daily-routine, ...

Thank you!

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grapenuts
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See the George Floyd trial verdict will be announced in the next hour.

How are you counseling clients around this? Or, are you not counseling clients on this?

Curious to hear from the bowl.

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