The Pop Quiz, Monday is a fun little exam that we love to give to savvy business owners. The examination is not a surprise after all since the interviewee already knew about the questions in advance. However, we can always pretend and have fun with the scenario of a young entrepreneur sitting in class nervously biting on their pencil. They are ready to take a pop quiz on a chapter that they were supposed to read the night before. Instead, they played Metroid all night on their SNES (Oops, this was me in high school). The real purpose of the pop quiz is that this is a fun way to introduce business tips from real-world experiences that you can not learn in a classroom. We want to thank our entrepreneur for being a good sport and volunteering their time to answer a few questions to help our community grow from their knowledge.
I want to introduce you to our guest today who will be taking our Pop Quiz Monday.
Can you please tell everyone your name?
What is your job role?
I am a Certified Financial PlannerⓇ and founder of NextGen Wealth. From day to day operations to helping design financial plans for clients, that all falls under my job role.
Tell us about your company?
I started NextGen Wealth about four years ago. I created it because I wanted to work with Gen X clients with the sole focus of not just managing investments, but accurate, comprehensive financial planning. Let’s face it; investment management has become quite commoditized over the years. With that being the case, I wanted to help people in every aspect of their financial life, not just their investments. I help clients with cash flow management, insurance management, and recommendations, retirement planning, estate planning, college savings and much more. If I’m able to add value in every aspect of their financial life, then I know they’re getting what they’re paying for and, most importantly, so do they.
What do you love most about your job?
By far it’s working with clients. Being able to show them that there are ways to save money in certain areas of their financial life or earn more in others is so rewarding. Knowing they have a plan in place and someone to help them and hold them accountable truly is a burden off their shoulders.
What motivates you to get up every day and go to work?
My calendar. I know it sounds weird, but my calendar is my to-do list. I love getting up in the morning and jumping right into what’s next. I’m one of those people that love checking things off the list.
How do your co-workers inspire you?
Well, since I’m a solopreneur, it all comes down to self-motivation for me. I’m probably independent to a fault but, for the most part, I’m self-motivated enough to get things done in a timely and efficient manner.
How do you have fun at work (team building, pranks, etc..)?
I do work in a co-working space, so we have all kinds of fun here. From potlucks to happy hours to practical jokes, we always have something going on.
What are some of the challenges of your job?
It’s probably no different than any other entrepreneur; time. You have so many things to juggle and do, but you only have so much time. Having my calendar run my life makes things much better, but there are indeed times when things can get overwhelming. I’ll eventually hire others to take things off my plate, but at this point, lack of time is my biggest challenge.
What are some lessons learned from a past project that you can share with us?
Take your time and don’t rush it. I feel like we’re always locked into these self-enforced time constraints that cause us to push things out ASAP. Take your time and make sure it’s done right the first time to avoid catastrophe on the back end. I’m slowly getting better at this, but I still find myself rushing to get a project done because of things starting to pile up. Take your time and make sure it’s right the first time. Nobody but yourself will know it took an extra day to get the project done right.
What advice would you give to someone who is starting in your industry?
Get an apprenticeship working for another firm first. Don’t try to start on your own immediately. Get some proper training and then if you still want to venture out on your you can do so at that point. Being a financial planner is hard enough, but save yourself some pain by working with an established firm first so you can learn from others who have been in the industry.
Thank you for taking our pop quiz today. You get an A+ for effort. You can learn more about our interviewee and their business by visiting them on the web: