Gregory S. DuPont
How to Become Your Own Financial Hero
We need leadership everywhere in our lives: in our government, religious organizations, and businesses. It’s a common misconception that you have to be a certain age or hold a certain title to be a leader. That is simply not true. Anybody can lead from where they are in any organization.
What makes a good leader?
There are two traits that make up a good leader. One is the ability to connect with people, and the other is the ability to be trusted. If you have those two things, you can develop the rest. A leader also has to be willing to listen more than they speak. By doing this, you can meet people where they are and understand them better.
How can you become a better leader?
There are no natural-born leaders. Leadership is a skill that you can develop. Think of it like playing the piano. Even if you don’t believe you have an innate knack for it, you can sit down, practice, and become more proficient.
It’s also important to tailor your coaching strategy to whoever you’re coaching. Are you going to be more commanding, or softer? What level or type of leadership is appropriate for a situation at work, home, or play?
Another thing you should know about leadership is the difference between a fixed mindset and growth mindset. A fixed mindset means that you’re set on what you can and can’t do. For example, maybe you were always bad at math in school and now believe that you will always be bad at math. A growth mindset means the exact opposite. You are willing to try new things, and work on those things to succeed. A good coach can help unravel our fixed mindsets and undo the limiting beliefs we have about ourselves. They inspire us to grow.
Before you start leading others though, you should work on leading yourself. Start by destroying your own fixed mindset and limited beliefs.
What’s the difference between a coach and a mentor?
A good coach will assume that you, as an individual, have the answers to your own problems within you. A coach will ask you unbiased questions, attempt to learn the most possible information about you, and lead you to discover your own truths about your own life. They will meet you where you are, and help you find out where you need to go, and how to get there. A mentor on the other hand, will give you examples of what they do to succeed, and not necessarily tailor their recommendations to your specific needs.
What’s the difference between a manager and leader?
A manager is a leader without that element of connection we talked about previously. A leader inspires people to grow, while a manager simply oversees and handles tasks that people do. Managing is a stable and stagnant act, while leading is a dynamic task. You manage things, you lead people.
So, what does this have to do with financial planning and estate planning?
I look at the label ‘financial advisor’ as a manger’s label, and ‘financial advocate’ as a leader’s/coach’s label. My job isn’t to tell you that you need a revocable living trust, annuity, will, or any other estate planning or financial planning tool. Rather, my job is to learn the most about you as I possibly can, and lead you to discover what you need in your own life. If we find some financial mistakes, or opportunities, I can help you manage your assets in the best way to meet your goals.
If you’d like to schedule an appointment with me and transform your finances call (614) 389 – 9711.