Planning the success of your financial future - Part 1 - with Alasdair Walker
Alasdair Walker, is a Director of Financial Planning firm Hanford, Atkinhead & Walker. This is episode 1 of a 2 part series that looks at the benefits of financial planning for business owners as they look to grow the value of their business. Having a plan, and a goal for your planning is key to long term success in all walks of life. Yet many people forget to plan when it comes to their money. If you have describe your business as your 'pension' then it's important to understand how that value can be realised and how it will support you at the different stages of your life.
In this episode we cover lots of fascinating topics focussed on money:
5 Valuing your business
5 Valuing your business
7 Process for business lives and personal lives
Ok I am thinking of seeling my business, how much?
11 Only need about 1/3 of value
12 Less than figure they thought it was
13 clarification of objectives
14 David Ward life past retirement
17 "Wherever you go, there you are" Stoic
ie frugal vs spending sticks, permission, coaching
20 Life planning; Values - money conversations
spend today vs spend future
22 spend/save: save/spend mentality
22 "Richest man in Babylon"by George Clason - 20%
24 Building value into the Big
27 ISSUE - advice gap, advice out of reachfor lots of people
invest in self; education, skills you can accrue
28 Albert EN Gray "Comment"
29 Wayne Gretzy - Formula for success
30 Systems, good Habits. James Clear book, "Atomic Habits"
It's not your goals or obectives that set you apart it's the system that you put in place to achieve them: Finanical Planning is about putting system put in place
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Learn More: visit the Ignium https://www.igniumconsult.com/
Subscribe for more exclusive content in the Ignium Spark Tank https://www.igniumconsult.com/the-spark-tank/
Sign Up to the Ignium Bi Monthly Newsletter https://sparksbyignium.transistor.fm/subscribe
More about Alasdair Walker https://www. ha-w.co.uk/
Email alasdair@ha-w.co.uk
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