Money - The Ultimate Team Sport

Imagine if you will that you are NASCAR driver. (Now(and probably a great agent, too!). Great coaches and
don't overextend this metaphor-just go with theplayers can do nothing without facilities and the
flow!) You start the race and put the pedal to thepeople to take care of them; without doctors and
metal. The crowd is flying by in a whirl of colors.nutritionists, physical therapists and other sports
You're exhilarated by the speed. You're starting tomedicine professionals; without team owners and
pass some of the other drivers. You are feelingfinancial backing from advertisers. The list could go on
pretty confident about this race. "Eat my dust!" youendlessly.
yell to no one in particular. Just when you're at theYou see, everything you do is inherently connected
top of your game, you suddenly realize your fuel isto a team: eating your food, reading your
getting low. You pull over to the side, turn off thenewspaper, buying a home, driving to work. Think
car, get out, refuel it yourself, get back in andabout all the teams involved in each of these
restart the car, and off you go once again, havingsituations. In fact, the world is so dependent on
lost valuable time.connections that we cannot function without teams.
A few laps later and things are looking up. You'reAnd yet when it comes to money that is exactly
starting to cut down some of the lead that the otherwhat many of us try to do. We think we know
cars have had on you. Next thing you know youeverything we need to know about handling our
blow a tire, which you had forgotten to check atfinances, and no way are we going to pay someone
your refueling pit stop. So once again you exit theto help us, even if it nets us more in the long run.
race, turn off the car, get out, change the tire, getLike the winners of the world, the wealthy of the
back in and reenter the race. Now you're only 30 lapsworld assemble teams to help them build their
behind, but you think, "This baby's got power-nofinancial futures and keep them. The wealthy see
problem!" You hit the gas pedal and try to make uptheir team as an investment, an investment to
for lost time. After only a few laps, though, you'reprotect their investments, so to speak. Their team
low in fuel-again! Once more you exit the race andconsists of (but is not limited to): a good honest
refuel your car yourself. As you watch yourattorney, a tax consultant, an accountant, and many
competitors flying by, you are beginning to realizeothers whose job it is to keep them [the wealthy]
that this is a race you cannot win.wealthy.
You compare yourself to the winner of the race andSo, how would you go about building a team whose
wonder what the difference is. Is it your car? No, it'sjob it is to lead you on to financial victory? The first
the same model as his. Is it his accessories? Wrongplace to start is a mentor, who is probably the most
again. You've got everything he does. Is it your skills?important part of your team. A mentor is someone
Who knows? You seem to drive just as well as heor something that guides you along your path to
does. Then what seems to be lacking? He must havewealth (and presumably he or she has already walked
something you don't. You rack your brain and finallythat road). Mentors don't have to be actual people
conclude that the only thing he has that you don't is(although this is extremely useful for feedback and
a "small" thing called a TEAM. His team takes care ofone-on-one support). Mentors can also be books and
his refueling and tire changing and all those necessaryother information. Experiences can also serve as
details, allowing him to focus on the task at hand -mentors. You may have many mentors at different
winning. You, on the other hand, have been trying topoints in your life; often they show up just when you
do it all yourself.seem to need them. Mentors can also be key to
A team makes all the difference between winningintroducing you to other potential team members,
and losing. The losers of this world are those peoplesuch as attorneys, planners, consultants, investors,
who take it upon themselves to do everythingaccountants, etc.
single-handedly. These are theUsing a team to achieve your goals is really much
do-it-yourself-at-all-costs folks. They believe thatsimpler than doing it yourself. Nobody can know
nobody can do things as well as they can. Winners,everything about everything, which is why there are
however, understand the importance of synergy (1+1different jobs for different people. There is no way
= more than 2). Winners assemble a team.you could learn in your lifetime everything you need
How do you win the Super Bowl, Stanley Cup, Worldto know to achieve financial success if you try to
Series, NBA Championship, World Cup, or any otherlearn it all by yourself, one piece of information at a
athletic event for that matter? With a teamtime. Using the collective resources of your team will
consisting of coaches, players, staff, and a whole lotgreatly simplify your life and infinitely expand your
of other supporting people. Nobody wins on his own.returns. Truly, a team is the only way to win. GO,
A great coach is nothing without great players. ATEAM, GO!
great player gets nowhere without a great coach