178 - Family Office: Why You Should Set Up One with Nolan Bradbury
Are you looking to safeguard and grow your wealth while maintaining a legacy for generations to come?
Join Martin & Khalil, with special guest Nolan Bradbury of Bradfield Accounting, as they unpack the world of Family Offices and discuss why setting up one might be one of the best financial decisions you can make.
Time Stamps
00:39 - Intro to Nolan Bradbury
03:47 - Episode Intro
05:21 - Why Have a Family Office?
08:20 - What You Need in a Family Office
14:13 - When is the Right Time to Start a Family Office?
17:42 - Prevention is Better Than Cure
21:07 - Are You Running a Business or Just an Operation?
23:03 - Identifying Your North Star
26:19 - Finding the Time to Set Up a Family Office
31:49 - Understanding Where You're Going
37:16 - What Do You Really Want?
39:35 - Working ON vs. Working IN the Business
40:36 - What is Your Ideal Day?
42:50 - Trading Risk for Stability
48:51 - Finding the Right People For Your Family Office
58:27 - How to Get In Touch with Nolan Bradbury
Quotable Moments from the Show
"It isn't about whether you can, it's about whether you should, right? What is the best use of your time?" - Nolan Bradbury
"The step-by-step is key." - Nolan Bradbury
"A plan has direction. And the thing about taking a step, and then another step, and then another, is that you have, by virtue of taking a step, determined a direction." - Martin Holland
"Happiness is really the difference between expectations and reality. And the smaller the difference between those two, the happier we are, to be quite honest." - Nolan Bradbury
"90% of the businesses in the United States, and there are 30 million of them, do not know if they made a profit last month, last quarter, or last year. They don't know." - Martin Holland
"You have to give yourself time to do the things you want to do. You can't just always do the things you think you have to do, because otherwise there's no time to do those things that will lead to the things you want to do." - Nolan Bradbury
"Understanding who someone truly is and their desires and what they want, that's the hardest question to ask. What do you want?" - Khalil Benalioulhaj
Ready to take your contracting business to the next level? Subscribe to The Cashflow Contractor today and get instant access to the FREE Ultimate Buyer's Guide for Contractors!
Don't miss out on essential insights, tips, and strategies to boost your profits and streamline your operations. Subscribe now and download your exclusive guide to securing more clients and maximizing your earnings.
Resources
More from Nolan Bradbury
More from Khalil
More from Martin
More from The Cashflow Contractor