You will need A PLACE TO WORK. Notice that I did not say “office.” As you may have heard in the podcast, I've had people that work remotely from home and meeting with clients wherever is the most convenient for clients.
Miscellaneous
The absolutely critical pieces to have in place before you go independent -- A COMPUTER
MiscellaneousCommentYou need a COMPUTER -- another obvious item, but I want to mention it anyway. You can decide if you want a desktop or a laptop, there's benefits and drawbacks to each. I won't go to that in detail -- in this form I might do another episode at some point on all the technology decisions there are to make and some of the pros and cons of each.
The absolutely critical pieces to have in place before you go independent -- A PHONE
MiscellaneousCommentThe absolutely critical pieces to have in place before you go independent -- HELP
MiscellaneousCommentThe absolutely critical pieces to have in place before you go independent -- A PLAN
MiscellaneousCommentThe absolutely critical pieces to have in place before you go independent -- COMMITMENT
MiscellaneousCommentThe absolutely critical pieces to have in place before you go independent -- MINDSET
MiscellaneousCommentNine stressful habits that entrepreneurs should quit now - by Tim Ferriss
MiscellaneousCommentI’m going to borrow from Tim Ferriss today. If you’re not familiar with Tim, he wrote a book called The 4-Hour Workweek back in 2007, which for years I didn't read--because it sounds kind of scammy. But it’s really just a productivity and the 80/20 rule book. So it’s actually fairly useful and a good book.
Where to learn about going independent (besides right here)
MiscellaneousCommentWhat does it mean to be an independent financial advisor?
Miscellaneous1 CommentThis website is called How To Go Independent. The natural question that I probably should follow that is what does that actually mean? What does it mean to “be independent?”
After six and a half years of having my own practice, and about six years before that pondering having my own practice, I have an understanding in my own head and with the people I talk to regularly what independent means. But a couple things have come up in the last week that have reminded me that anytime you're trying to communicate something that you're very familiar with, you need to do the best to start at the beginning.