Whether you’re planning to start your own business or looking at ways to innovate an existing business, this episode is chock full of great advice.
Jessica Brady walks us through the two years of planning that she and her business partner, Glen, did before launching Fox & Hare. She discusses the focus groups they conducted, and continue to host annually, and why all advice businesses should do the same. She also shares how they gain media exposure, the many things you can do pre-launch, even if you’ve got non-competes, and why, if you’ve done your research, you should launch that business even if everyone is telling you you’re crazy.
Fox & Hare launched three short years ago and is on track to have a team of 13 by the end of 2020. What’s most fascinating about that is the neither Jess nor Glen had prior experience as advisors, proving that innovative thinking and solid planning are far more important than technical expertise.
Links, transcript and timestamps at https://innovatingadvice.com/post/episode62.)
Three Steps to Identify Opportunities for Innovation in Your Financial Advice/Planning Business)