Hosted by Lee Cleasby
FYR 011: Planning creates direction and gives us focus, fail to plan and you plan to fail
During this episode, I review a common theme running through both Mikes and Hywles episodes, FYR009 and FYR010. Although they come from two very different professions, Mike is a successful professional fund manager and Hywel is a successful business consultant, they both stressed the importance of planning.
Many regularly use the skill of planning when booking a holiday to buying a new car. With the abundance of information available at our fingertips, its never been a better time to plan your way to financial self-sufficiency and set a target of funding your retirement. It starts with planning
▸0.00 to 0:40 Introduction
▸0:041 to 1:27 Mike and Hywel discuss the importance of planning in episodes FYR009 and FYR010
▸1:28 to 2:30 How you are already skilled at planning and many plan a major event each year, your holiday
▸2:31 to 3:00 The fundamentals of planning
▸3:01 to 3:36 Business plan outline
▸3:37 to 4:40 Trading plan outline
▸4:41 to 5:44 Spending time researching and planning for a new car
▸5:45 to 8:01 We live in the information age, planning creates direction, and it gives us focus
▸8:02 to 9:24 Next weeks topic on risk management and wrap up
Have a wonderful day,
The FYR team.