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Avengers Assemble! Why Your Team of Advisors Needs to Work Together

Article

Do you have a good financial advisor? A good CPA? A good estate planning attorney? And more importantly than that, what good is having all these people if they are not talking?

Superheroes

Can I share a confession with you?

I am a nerd, but I love it.

Yes, it's true. I'm a nerd and proud of it!

One of the hallmarks of my nerdom is the love I have for comic books.

My dad had original “Justice League” comic books. I got into the comic book world with the death of Superman issue, Bane breaking Batman's back, X-Men — The Age of Apocalypse, and all of that drama and action!

And of course, even though I haven't read comic books for over 20 years, I now love the movies! Pretty soon here I am on the edge of my seat, super stoked to see “Captain American- Civil War" and "Superman vs Batman: Dawn of Justice".

As I reflected on my childhood passions, it got me to thinking. Who do I have on my superhero team?

As a mulled it over in my brain, I realized it's something that I could do better. I have a mentor in speaking (Speaking Empire). I have a mentor in advertising and content creation (Pat Flynn). I have a mentor in my taxes (Hoffmann & Swintek).

But, I'm currently missing mentors for authorship and leadership. Those are areas I need to get better in.

What about you?

Who do you have on your super hero team?

Where you can improve?

What mentors do you have in your practice?

Who can you turn to that has been there and done that?

Who are experts at areas you may need? Who is on your Avengers squad for your finances? Do you have a good financial advisor? A good CPA? A good estate planning attorney?

And more importantly than that, what good is having all these people if they are not talking?

I find that for most folks your team isn’t talking together. You should be having annual meetings, with the three of these people together. They are there to protect you and guide you and help you grow. Working together, you might save a great amount of money as ideas are bounced off of one another.

Napolean Hill calls this the "Mastermind" principle in his landmark book, “Think and Grow Rich.”

He goes on to describe a mastermind group as, “A friendly alliance with one or more persons who will encourage one to follow through with both plan and purpose.”

In another book, “Master Key to Riches,” Hill says, “Every mind needs friendly contact with other minds, for food of expansion and growth.”

Your superhero team should be your mastermind with every mind being in friendly contact with one another! Although, do expect some disagreements along the way.

How can you get this to work for you?

In “Your Magic Power to be Rich,” he writes, “Maintain perfect harmony between yourself and every member of your master mind group. If you fail to carry out this instruction to the letter, you may expect to meet with failure. The master mind principle cannot obtain where perfect harmony does not prevail.”

I want you to encourage you to really ponder & think about this question...

Who is on your team?

When was the last time you had your own team of super heroes together working in perfect harmony?

Dave Denniston, Chartered Financial Analyst (CFA), is an author and authority for physicians providing a voice and an advocate for all of the financial issues that doctors deal with. He is the author of “5 Steps to Get out of Debt for Physicians,” “The Insurance Guide for Doctors,” “The Tax Reduction Prescription,” and his new book, “The Freedom Formula for Physicians. He’s glad to answer any questions about your super hero team. You can check out his latest podcast at DoctorFreedomPodcast.com.You can also contact him at (800) 548-1820, at dave@daviddenniston.com, or visit his website at DoctorFreedomBook.com to get a copy of “The Freedom Formula for Physicians.”

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