Alternative Investments

What airplanes can teach us about money

Byron Moore of the  FPA.

Financial Planning Association
of the Ark-La-Tex
147 Chelsea Drive
Shreveport, LA 71105
Tel:  (318) 286-2278
Fax:  (318) 869-1603  (Call first)
email/Hud 08.25.10

In my financial planning practice, I meet with a lot of “Type A” entrepreneurs.

Their number one question? “Couldn’t I be doing better with my money?”

I always have to smile.

These driven individuals are used to optimizing everything they touch—or at least trying to. If they have three rental properties today, they want to own five a year from today. If their business brought in $1.5 million this year, they’d like to double that in two years.

Entrepreneurs aren’t interested in “good” or even “better.” They yearn for the “best.” And that’s usually a good thing—for them and for us. When innovative entrepreneurs compete, the consumer is usually the beneficiary.

But like a jet pilot seeking to go faster and faster, entrepreneurs need to realize that at some point they’ve got to come in for a landing.

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