No Clients, Compensation, or Conflicts (except of good will), call it pro bono

Today I have 5 things I want to talk about:

• Law of 100

• Focus

• Design Partners

• Simplicity

• and Vendor due diligence

There is a free website at lawof100.com that is very simple and very powerful. If you want to do something, say guest on 100 podcasts, read for 100 days, call 100 prospects, eat 100 apples, this is a great website to set those goals, track those goals, and get a daily email reminder to do that goal:

Next, focus. To be honest, I struggle with focus, I have a lot of “cool” ideas and they compete for my time, attention, resources, et cetera. If you also struggle with this, here’s a quick reminder.

You can only take 100 actions. Will you get more results if you call 100 prospects, or if you:

• Guest on 14 podcasts, read for 31 days, call 42 prospects, and eat 13 apples.

Hmm, maybe this is actually easier to comprehend:

So yesterday, I talked with an ai-advisortech company that is looking for design partners. By design partner, I mean:

• An RIA that would like to use this “beta” tech for free

• They have someone on their team with capacity to use the tech, communicate with the advisortech company

• They are ready to start experimenting with the capabilities of AI - no steering committees, overbearing compliance departments, etc.

What’s the tech do?

• It connects with your CRM, portfolio management system, and investment news to create personalized performance reviews

• Can record and transcribe meetings

• Has AI agents trained on investment management, portfolio construction, optimization, market insights, risk management, strategy development, and can do monitoring and rebalancing… (some in the works)

• ⬆️ It can make recommendations… based on prospect/client info

If you are interested in being a design partner, let me know!

Simplicity

If you take a business, or a product, or a workflow, or a software and cut away everything except what is necessary to do the thing - simply, quickly, delightfully… that is simplicity.

Plenty is a good example.

Lastly, Vendor Due Diligence, Vendor Risk Management, etc.

It’s free.

Check out OpenVRM.com

Hope something I covered has been insightful.

Joe