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What You Need To Go Independent - Revisited

After two-and-a-half years in the fictional town of Independence, Jeff Spears shares what else you need to excel in the town.

In my blog about going independent back in October 2013, I created a fictitious place called Independence and I created a packing list for all those headed there. The last instruction in my guide was “if you need anything else, you can pick it up when you get to Independence.”  Now after two-and-a-half years in Independence, I know what additional items I need to buy.

 

New Suits

In my haste to leave I mistakenly built a business that was very similar to the business I had built on Wall Street, save for the name on the door. I now realize that the fiduciary zoning laws in Independence promote solutions that are truly unique and superior to those in my large hometown. Understanding the unique solutions takes time as old habits and the parental voices in your head are hard to purge without a good counselor. However, once you do find your voice, Independence gives you your own radio station and newspaper to share your ideas. While you might regress into saying things that sound like your parents, eventually you break free. And when you do, your ratings will soar.

 

Independence Sweatshirts

The weather in Independence is different than the weather in your home town.  Long-time Independence residents snicker at the tourists who are wearing shorts and T-shirts expecting hometown weather when Independence weather is the opposite. Don’t be too hard on yourself because you can’t be expected to know what only time and experience can teach you. In addition to an Independence sweatshirt, you will need to buy your own compliance director, executive coach and a CPA. 

 

Location Location Location

The early settlers, Hall Capital, Bel Air, Baker Street, Luminous and Constellation were able to build their businesses in prime locations in Independence. Most have already sold their prime location in Independence and departed town as heroes with suitcases full of cash. The good news is they left the plans and you can follow them with the help of a good historian.

 

I’m glad I moved to Independence even though I might have moved for the wrong reasons, like getting away from my hometown or my demanding parents. My clients and my family are much happier here. We can look each other in the eye and say this our home and we intend to stay here for a long time.

 

Jeff Spears is Founder and CEO of Sanctuary Wealth Services and author of the blog, Wealth Consigliere. Follow Jeff on Twitter and Facebook.

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