I’ve always loved sports – playing, watching, and understanding sports has always been a hobby. From my earliest memories, our family journeyed to various sporting events. One of my treasured memories was going to Atlanta to see Dale Murphy play for the Braves. He was my favorite player, and he did not disappoint in live view as he hit two home runs.
I’d argue that few things teach more about life than sports. You learn submission to authority, how to play as a team and work with people you like (and don’t like) to accomplish a greater goal. One of my greatest joys has been transitioning from being a player to being a coach. It’s a total gamechanger: who plays where, who bats when, and who attempts to explain the win or loss. It’s a blast, but being a coach comes with an enormous burden.
Think of your finances: Who is the overseer? Is it you? If so, that’s okay for now, but what about when (not if) you’re gone? How can you best care for those you love most with your finances? By having a financial quarterback.
Learning to Delegate
I distinctly remember a watershed moment early in my career. As my client base grew, I found it harder and harder to proactively manage 1) their investments and 2) their overall financial plan. I needed to choose: Do I want to manage investments, or do I want to do financial planning? I chose the latter and have not looked back.
Part of my growth was learning to let go and delegate, not just within my business but with my own personal finances. For example, I used to prepare my own tax return. And, it used to be fun. But was that the best use of my time and resources? No. I freed myself by handing that task over to a CPA.
Think of head coaches. They love to coach players and positions. But as a head coach, you’re now in charge of the overall game plan. You must delegate tasks to your coaches. It’s not easy, but the great coaches learn to let go and chime in during the game only when needed (insert: Nick Saban).
What gives me great peace of mind is knowing my wife and family will be cared for when I’m gone. They’ll have a team of experts surrounding them to hold their hands throughout the process. What a blessing!
So, reader, do you have a financial quarterback to care for those you love most when you’re gone? I know… It’s hard to let go. But you must for the sake of a greater goal.
We’d love to talk with you about being that quarterback for you and your family. Schedule a meeting today.