What do farmers, tractors and Lamborghini’s have to do with financial planning…?
I read a great story not long ago about how tenacity and finding a better way can pay handsomely in the long run. It went something like this….
The Story
Ferrucio was originally a farmer who made tractors. His business was very successful and he was among the wealthiest men in Italy. He owned a Ferrari among other super cars. The Ferrari used to give him constant trouble. Being a mechanic, he tried to fix the problem himself and found out that his Ferrari had the same clutch as he used in one of his tractors.
‘All my Ferraris have clutch problems. When you drive normally, everything is fine. But when you go hard, the clutch slips under acceleration; it just isn’t up to the job.”
Ferrucio went to the service guys regularly to have a clutch rebuilt or renewed. The car was taken away for several hours at a time and he was not allowed to watch it being repaired. The problem with the clutch was never cured, so Ferrucio decided to talk to Enzo Ferrari. He had to wait a long time to see him….
“Ferrari, your cars are rubbish!’ Ferrucio complained. Il Commendatore was furious.
“Lamborghini, you may be able to drive a tractor but you will never be able to handle a Ferrari properly’. This was the point when he finally decided to make a perfect car. Yes, the famous Lamborghini.
The Lesson
It’s a lot like your financial planning business….. Many of the tools and techniques they gave you when you first started in financial planning just don’t work any more…! They’re old fashioned, outdated and tired ideas given to you by people who had also been taught old fashioned and tired ideas…. Don’t get me wrong – I know they mean well but those strategies just don’t cut it any more. So sometimes you need to stare at the things that are slowing you down or consuming your ‘head space’ and say “well, it’s now time to find a better way..!”
Next Steps
The next step for you is to get clear on the areas of your business that continually need re-building or renewing or things that you know you need to change, but you need help to get it done. Take the time and see where you’re struggling, even if it’s just a little bit. If you don’t take the time now, you WILL be forever in the repair shop.
The Solution
And here’s the first step. Join me for a complimentary 15 minute one-on-one ‘Situation Snapshot‘ Strategy Session. It’s a one-on-one Skype session with me, where we’ll roll up our sleeves and in just 15 minutes identify 3 key things:
- What you want your business to look like in 1 and 3 years time
- What you want your income to be in 1 and 3 years time
- And specifically how to make those things happen for you (what’s missing, broken, holding you back… What’s stopping you from making that happen for you…)?
You’ll leave the session confident, excited and inspired by what’s possible for you and the knowledge that you’ll know what to do and how to do it!
Just hit any of the links in this post to grab a personal coaching session with me. I have grown and developed awarding winning financial planning and accounting businesses – to great success – for over 20 years… I have a good track record and will make certain that our time together is valuable for you.
Go ahead and lock in a time for us to chat on Skype. It will be both fun and rewarding.
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