Book Writing, Brand Building, and the Power of Paying It Forward in Finance | Ep 84 cover art

Book Writing, Brand Building, and the Power of Paying It Forward in Finance | Ep 84

Book Writing, Brand Building, and the Power of Paying It Forward in Finance | Ep 84

Listen for free

View show details

About this listen

 What if real wealth wasn’t just about numbers, but about making choices that align with your values? In this episode, I sat down with Dr. Nicholas Michels, author of Rich by Choice, to unpack how life’s toughest moments shaped his journey from turning down an $8 million bonus to building a purpose-driven financial firm. Whether you’re a financial professional or just looking for ways to create a more meaningful business, this session is packed with insights on trusting your path, redefining success, and leaving a legacy. Navigating Pivotal Moments: Turn Life Lessons into Your Professional Superpower Learn how childhood upheaval shaped Dr. Nick’s perspective on money, and why he's focused on the impact money can make - on family, stability, and future choices. From washing golf carts at 16 to learning the power of compounding, he discovered that financial empowerment comes from small, consistent actions, not privilege or hustle. Whether mentoring kids, writing his next book, leading a nonprofit, or guiding clients, Dr. Nicholas is focused on building a lasting legacy where wealth is defined by values, relationships, and meaningful impact. Beyond Numbers: Building a Values-Driven Financial Firm That Attracts Loyalty (00:06:11) Golf Course Lessons in the Power of Saving Early and Consistently (00:11:41) Wealth Transfer and Legacy Planning Specialties (00:17:24) The Entrepreneur’s Journey: Adapt, Learn, Persevere (00:20:54) Converting Content from Academia to Actionable Advice (00:24:49) Spousal Money Disagreements and Seeking Help from Mentors (00:29:25) Chances of Them Reading Your Book and Instant Authority (00:32:55) Discovering and Leveraging Your Unique Ability (00:34:10) The Concept of “Compounding” Impacts Every Area – Finances and Habits Action Steps for Financial Professionals: Marketing, Legacy, and Making Your Next Bold Move Find out how to lean into really fuels growth, trust, and fulfillment for financial professionals—not just the numbers, but people, choices, and legacy. Your Next 7 Bold, Authority-Building Moves: Find mentors and model what works: Don’t reinvent the wheel. Interview those who’ve succeeded in your field and get expert coaching from day one. Prioritize character when hiring: Build your team around integrity and passion, rather than just financial expertise; you can always teach the technical parts. Delegate and focus on your strengths: Make your calendar reflect what you do best and enjoy most—delegate everything else to unlock exponential growth. Lead with storytelling: Share your real-life financial wins and losses. Use your story (via podcast or book) as your marketing card; transparency builds trust. Consider writing a book: A book clarifies your core values, attracts ideal clients, and doubles as a legacy tool for future generations. Teach money skills to younger generations: Pay it forward through teaching, mentoring, or nonprofit work—you’ll enrich your brand and community impact. Grow through genuine client relationships: Start with outstanding service and connection—your happiest clients will naturally refer others. Creating a financial business and brand that stands out starts with relationships, purpose, and sharing your story. Take a cue from Dr. Nicholas Michels: begin with mentorship, build a strong values-driven team, tell your unique story, and always look for ways to pay it forward. Each small, intentional action can yield massive results for your firm and the people you serve. Follow Dr. Nicholas Michels: www.richbychoicebook.com https://michelsfamilyfinancial.com/ https://www.linkedin.com/in/nicholas-e-michels/ Ready to attract more listeners? Download my free Attraction Messaging Blueprint—it’ll help you nail intros, outros, and trailers so every episode speaks right to what your audience is searching for (and desperate to hear). Free Download: https://podcastabundance.com/attraction-messaging-blueprint/ This podcast is edited and managed by the team at PodcastAbundance.com and we’d love to produce your podcast too! To discuss working together, book a Discovery call with me at www.talktoVirginia.com Watch everything on YouTube @PodcastingForFinancialPros or listen on any podcast app here: https://pod.link/1478414077 Follow Virginia Elder on social media: LinkedIn Instagram Facebook
No reviews yet