Tag: James

3 Things LeBron James Can Teach You About Business Growth

What image first comes to mind when you hear the name LeBron James?

a man holding a basketball

© Mike Ehrmann | Getty Images

Basketball superstar? One of the most distinguished athletes of our time? Sure, but that’s not all. Accruing a net worth of $480+ million, he hustles on and off the court.

With a diverse business and investment portfolio, LeBron James can teach us a great deal about business growth and success. 

1. Staying focused on long-term goals over short-term gains

LeBron James grew up in poverty in the inner city of Akron, Ohio. Facing incredible adversity as a child, the city condemned his grandmother’s house shortly after her passing. In a span of just three childhood years, he moved 12 separate times. 

Related: 6 Lessons Entrepreneurs Can Learn From LeBron James

Just ten years later, Lebron’s life started to change dramatically. In 2003, he had his first exposure to life-changing money when

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Raymond James Shakes Up RIA Strategy

Private Client Group President Scott Curtis speaks at a conference hosted by Raymond James’ independent channel.

Some two weeks after announcing layoffs of about 4% of its staff, or roughly 500 workers, as part of its need to cut costs in the face of declining earnings tied to lower interest rates and rising loan-loss provisions, Raymond James says it’s merging its investment advisor and custody & clearing businesses into the newly created RIA & Custody Services Division. 

The news comes as the industry awaits the completion of Charles Schwab’s $26 billion purchase of TD Ameritrade, leaving rival firms to position themselves to better compete in a shrinking field of custodians.

“It’s a case of opportunity meets disruption,” said Tim Welsh of the consultancy Nexus Strategy about Raymond James’ move. “It’s a watershed moment.” 

Other custodians, like Fidelity, have integrated their operations, Welsh points out. “This is Raymond James’ response” to

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Insights from Business Consultant James Dhillon

Technology has simplified tasks by automating systems. Earlier this month we published an article about the top robotics and artificial intelligence stocks in Global X’s Robotics & Artificial Intelligence ETF (BOTZ). In a recent chat with Insider Monkey, automation geek and business consultant James Dhillon shared insights on how automation can accelerate business growth and why every agency must consider automation while expanding operations. James is the CEO of Automaters, one of the largest business development and consulting agencies in North America. Here are the excerpts:

Q: James, what is agency automation?

A: Agency automation is all about automating operations in your agency so that it’s easier for you to scale your business while running all processes efficiently.

Q: What are the processes that an agency must automate, to begin with?

A: Customer acquisition is one of the first processes that every agency must automate and get right from ground

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