Our guest is Don Ross from Ross Wealth Advisors.
As Don explains, they believe everyone should be able to live the retirement they’ve always wanted. Their team of professionals can help their clients create a well-thought-out strategy, using a variety of investments and insurance products and services, to help them address their financial needs and concerns.
But how did he get here, offering the sage advice he gives his clients?
OJT - on-the-job training. Thirty-three years. That's the unique thing of what we do. We are an independent fiduciary. So it's our job to build you the best plan. We work with a lot of singles, widows, widowers, everybody situation's unique.
Don talk about how he has always had an entrepreneurial spirit. Just jump in and do it.
I was about 12 years old, and I started cutting the neighbor's yard. And then I did the following neighbor the next neighbor down. I had a trailer behind my bike, going down the street to the neighborhood.
Being an entrepreneur means you have to believe in yourself, your product or service, and make your clients a top priority.
When I watched Shark Tank, I see some people up there plugging stuff like, Are you kidding me? But if you believe in it, it doesn't matter. And that's all that matters, whether they go bankrupt or they make millions of dollars. That's the beauty of being an entrepreneur because you did it.
Don's take on the importance of how he grows his business.
I know I could step back from day to day, but my clients know they can call or text me. That's important to me, you know. Doing paperwork? I mean, I'll screw it up. I don't go into the database. I never touch that. So I just like being with people.
Entrepreneurs love the opportunity to grow their businesses. But many don't think about how to say it's time to move on.
That's why I have a succession plan in place, which I think every small business owner should have. So you don't leave your clients hanging.
A lot of business owners are scared to talk to their competitors. But are entrepreneur competitors really in competition?
Two of my best friends, one of them is a fairly big car dealer here in town, a Ford guy, and another friend of mine, the Chevy Guy, both behemoths and what they do, their best friends. They share ideas. They're not competitors. You'd think that, but they're really not. But the mindset of most people is, Oh yeah, they're competitors.
Don Ross, RFC®, founder and president of Ross Wealth Advisors, has over 30 years of experience in the financial planning industry. Don is a Registered Financial Consultant who has been advising individuals and families within Central Ohio since 1987. Don’s experience with securities, income planning, tax strategies, and retirement investment planning, allows him to deliver truly valuable advice and service to his clients.
Don was raised in Upper Arlington, OH, and has a long history of service to his community and country; including twenty-plus years as a pilot in the Ohio National Guard. Don earned his BS in Finance from Franklin University. In Don’s free time he and his wife Joni enjoy playing pickleball in the summer, platform tennis in the winter, traveling and visiting with their three children Judith, Ryan, and Lance.
Running a business doesn’t have to run your life.
Without a business partner who holds you accountable, it’s easy to be so busy ‘doing’ business that you don’t have the right strategy to grow your business.
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