On Authenticity (with Josh)
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 5 July 2019
⏱️ 10 minutes
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| 0:00.0 | Good morning everyone. It's a it's going to be a it's going to be a short slow week. A lot of people are |
| 0:07.6 | vacationing a lot of people are just not around and that's perfectly okay. I've always used weeks like this to catch up on things that don't involve talking to other people, |
| 0:17.0 | but maybe involve maintenance and looking at systems that you use, looking at |
| 0:22.9 | whether it's Salesforce or anything else just making sure that your ship is tight. |
| 0:27.2 | It's a great time of year to do that kind of thing. |
| 0:30.3 | And everyone's got things that they've had on the back burner for a long time and then all of a sudden all right this will be a quiet week |
| 0:36.7 | Let me get some of that stuff done so I have some work I've got to do |
| 0:41.4 | Regarding some presentations that I'm giving in the fall. I'm going to spend the week |
| 0:45.2 | doing that. Everyone should think of some projects they can tackle right now so that when we're back in the |
| 0:51.0 | thick of things, they're not hanging over your head. |
| 0:53.6 | They're not on the back burner, they're completed. |
| 0:55.6 | So I'm sure we can all sit and think and come up with one or two things that have been nagging |
| 1:00.4 | us that we've wanted to get to. I want to talk about what I think is the key |
| 1:05.6 | to building a successful financial advisory firm in the next decade to come. This |
| 1:11.7 | decade is almost over and I think it's something that's going to be more important than it's ever been before and |
| 1:18.3 | Fortunately we're in a position right now where we've already got this quality in spades. |
| 1:24.0 | The Harvard Business Review did a study on authenticity |
| 1:30.0 | and they looked at restaurants. |
| 1:32.0 | They wanted to determine whether or not authenticity led to a restaurant having |
| 1:38.8 | more success than its competitors. |
| 1:41.4 | And what they actually discovered in the process of doing this |
| 1:44.8 | research is that there are two types of authenticity and interestingly each of |
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