Financial professionals can readily embrace many of the attributes and business practices that have propelled startups such as Facebook, Paypal, Twitter, and hundreds of others into multi-billion-dollar enterprises. Best of all, these lessons can be embraced quickly, often requiring little or no capital investment.
Startups are pioneers in creating productive work environments that serve clients, employees, and executives. By making small adjustments in your approach to serving clients, identifying and rewarding employees, and creating a meaningful work environment, any advisory can reap at least some of the benefits of startup success.
Here are seven startup practices that you can put to work in your business.