🟣🟢 Most people don't fail

👋 Happy Sunday!

A couple of weeks ago, my team and I spent two very full-on days at the National Entrepreneurs’ Convention in Birmingham. Around 1,500 business owners in one place, all buzzing with ideas, energy and determination.

It was brilliant to speak to so many people face to face. What really struck me, though, was how many said the same thing in different ways.

You know you should be doing something about your personal finances, sorting a pension, building some independence from the business, investing for the future. But you don’t know where to start.

Or worse, you’ve tried, and ended up lost in a sea of conflicting advice from “experts” online. It’s enough to put anyone off.

But, it doesn’t need to be complicated.

In fact, the best piece of financial advice I’ve ever given (and taken) is simply this:

Keep it simple.

Start small. If you’re a company director, pay some pension contributions directly from your business. It’s tax-efficient, saves on corporation tax, and quietly builds your future independence.

And please don’t get hung up on finding the “perfect” investment strategy. It doesn’t exist.

The people who get ahead financially aren’t the ones analysing fund performance every weekend. They’re the ones who actually get started.

Overthinking turns into procrastination, and before you know it, another year’s gone by and nothing’s changed.

While you’re simplifying, don’t forget about risk. This is the bit most business owners prefer not to think about.

You insure your house, your car, maybe even your dog. But what about you?

What happens if you’re seriously ill or can’t work for a few months? If you’re the one in the business who authorises bank payments, what happens if you’re not there?

And do you have a lasting power of attorney for your business as well as your personal finances? It’s one of those small, boring details that suddenly matters a great deal when things go wrong.

So this week, do one small thing that moves your personal finances forward. Set up a pension contribution. Review your protection.

Or book a chat and we’ll take a step back, look at the big picture and put a straightforward plan in place.

👉 Book a call with me here (or if you prefer, call one of my team on 0117 9629696) and I’ll help you make sense of what you’ve got and what it could be doing for you.

😎 THAT’S IT FOR THIS WEEK!

If you have any questions at all, do ping me a reply.

Hilary 😎

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