Dr. Randall Stutman is an author, highly sought-after speaker, and executive leadership coach to some of the world’s most exceptional CEOs, billionaires, and hedge fund managers. As the founder of the Admired Leadership Institute, he is widely recognized as a world-class authority on leadership strategy and style. Today, Dr. Stutman joins us to discuss the behaviours and skills that make admired leaders and how you can translate those characteristics and strategies into your financial decision-making process. Tuning in, you’ll learn about the importance of followership, find out why admired leadership is so rare, and hear some practical advice to help you make better decisions. We also discuss why you should actually disagree with your clients more often, why relationships are the cornerstone of any business, questions to ask yourself to find the right client or financial advisor, and much more. Don’t miss this fascinating and broad- reaching conversation on leadership and decision-making with specific applications for financial advice relationships!

Timestamps:

0:00:00 Intro
0:04:05 The Typical Approach to Leadership Development
0:06:27 Why the Typical Approach does Real Damage
0:11:47 How Everyone in an Organization can be an Admired Leader
0:18:18 How Consensus Decision Making can Hurt an Organization
0:26:07 Other Shortcomings in the Decision Process
0:31:13 How a Financial Advisor Should Act like an Admired Leader
0:38:54 The Traits of an Admired Leader Should a Financial Consumer Bring to the Relationship with their Advisor
0:43:17 The Best Way to Deliver Feedback in an Advisory Relationship
0:46:42 How Often an Advisor Should Connect With a Client to Effectively Build a Relationship
0:52:17 How Randall Would Motivate Kids to get Involved in the Financial Decision Making Process
0:59:37 Whether or not Most People are Self-Motivated
1:05:14 Randall Defines Success in His Life

Links From Today’s Episode:

Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/t....
Rational Reminder Website — https://rationalreminder.ca/
Rational Reminder on Instagram —   / rationalreminder  
Rational Reminder on X —   / rationalremind  
Rational Reminder on YouTube —    / channel  
Rational Reminder Email — [email protected]
Benjamin Felix — https://www.pwlcapital.com/author/ben...
Benjamin on X —   / benjaminwfelix  
Benjamin on LinkedIn —   / benjaminwfelix  
Cameron Passmore — https://www.pwlcapital.com/profile/ca...
Cameron on X —   / cameronpassmore  
Cameron on LinkedIn —   / cameronpassmore  
Admired Leadership Institute — https://admiredleadership.com/
Episode 238: Prof. Ralph Keeney — https://rationalreminder.ca/podcast/238

Books From Today’s Episode:

Working Through Conflict: Strategies for Relationships, Groups, and Organizations — https://
www.amazon.com/dp/0367461471/
Communication in Legal Advocacy (Studies in Communication Process) — https://
www.amazon.com/dp/B09T21F8KX/