Insights from an outsider turned industry insider featuring Eric McDermott

The outsider that became an insiderSometimes the best way to see what’s broken and figure out how to fix it is to take an outside looking inside approach. That’s just what our guest did when we left a long career in marketing to become a financial advisor. Let’s face it, it’s easy to put blinders on as a financial advisor given how much we have to learn while at the same time building our business, so it can be years before coming up for air only to realize that maybe there are things we can do better or differently. Join us as we unpack this and other Eric-ism’s in this fun and thought provoking episode.In this episode Eric, Adam and Derek chat about:Transplants from other industries see more clearlyTwo camps of biases both built around productsUsing diversification to reduce your earning risk, and conflicts of interest, as an advisorHow the Compensation issue can be solved by DiversificationHow the solopreneur is an endangered speciesBecoming compensation agnostic to be able to offer Financial Advice 1.0, 2.0, 3.0.And more!Resources:Connect with Eric McDermott on LinkedInCheck out Eric on Social via NēXTpectations®Follow RethinkFA on LinkedInListen to RethinkFA on YouTube PodcastsFind us on Digital Wealth NewsApply to be a guest on the RethinkFA Think TankConnect With Adam Holt:Schedule an Asset-Map DemoAsset-Map LinkedIn: Adam HoltLinkedIn: Asset-MapFacebook: Asset-MapTwitter: Asset_MapConnect With Derek Notman:Schedule a Call with DerekSchedule a Couplr DemoCouplrLinkedIn: Derek NotmanLinkedIn: CouplrTwitter: Derek Notman Hosted on Acast. See acast.com/privacy for more information.