Episode 88: Begin with the end in mind, with Todd Kim.

Published: Oct. 13, 2015, 8 a.m.

Todd Kim has helped personal clients, business owners, professionals and financial institutions reach and maximize their financial goals for over 20-years. As a trusted financial advisor, Todd has worked with many retirees and pre-retirees in the construction and implementation of secure retirement income plans avoiding risks and maximizing full income potentials. Todd is considered a specialist in his field, coaching and training other advisors and financial and legal professionals seeking direction in the design and execution of well-crafted, defined benefit plans. \xa0

\nSecret \u2013 timesaving technique\n

Todd visualizes what will happen each day \u2013 focus on the outcome. ONWARD!

\nDaily habit that contributes to success\n

Separate your negative energy \u2013 Todd uses visualization to achieve objectivity.

\nCould have ruined your business \u2013 but now \u2013 an invaluable learning experience\n

Todd lost 70-80% of his business fast \u2013 and Todd tells the whole story here.

\nMost critical skill you think business owners need to master to be successful\n

\u201cHave a good succession plan in place \u2013 have a strong retirement cash flow.\u201d

\nMost influential lesson learned from a mentor\n

\u201cDo the job right the first time \u2013 put yourself in the place of the business owner.\u201d \xa0

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\nFinal Round \u2013 \u201cBreaking Down the Recipe for Success\u201d\n

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\nWhat systems would you go back and put into place sooner?\n

I would have put in a higher quality system of checks and accountability \u2013 define roles and responsibilities.

\nWhat one strategy or \u201crecipe\u201d would compound into big wins for business owners?\n

Consistently survey your clients \u2013 find out what they\u2019re interested in.

\nHow to exceed expectations and add the most value?\n

An individual would focus, focus, focus \u2013 and give them a permission slip to give complaints without penalty.

\nWhat strategy would you recommend new business owners focus on to best ensure success?\n
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  1. Keep your overhead low \u2013 don\u2019t dream too big
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  3. Be focused on your marketing \u2013 market your product in a way that\u2019s not expensive
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  5. Be in tune\xa0with what your clients want \u2013 what they want may be different than what they say they want
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\nHow best to connect with Todd:\n\n

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