The “vision thing.” The purported lack of it helped keep President George H.W. Bush from proceeding to a second term. It’s a given that successful people have a vision – or so it seems. But if you don’t have a clear vision for your estate planning practice, and it’s gnawing at you, don’t despair. Perhaps that lack of specificity isn’t really a drawback. In fact, maybe a bit of blurriness may be a blessing.
It’s a Process
Your idea of a vision for your firm may consist of setting a specific future goal and then figuring out exactly how to get there. But perhaps that method is more likely to give you agita than concrete results. Instead, it might be more resourceful to think of your practice as evolving: just set out on a general course, and course correct as need be to stay on target. After all, unless you possess the gift of divination, you have no idea what the future holds. Your partners, staff and clients may send you in a direction you can’t envision now. Start with what you know works, and evolve from there.
Keep learning, develop expertise, and progress. Don’t set your goals in stone – you could miss out on opportunities outside of those narrow parameters. As Huck Finn advised, light out for the territory.
With estate planning, you literally deal with matters of life and death. You provide peace of mind to people. They entrust you with protecting their legacies and their loved ones. You do what you can, but you also recognize that even the tightest plans need to be adjusted over time.
Apply that same mentality to how you plan your own practice. Do your best; serve with compassion; and adjust the vision as you go.
Bring Your Vision to Life with the Right Software
Wealth Docx® can help your practice evolve by assisting with mission critical documentation needs. Wealth Docx software includes a continuously updated will, trust and other systems, along with all ancillary documents. The paperwork is professional and easy for your clients to understand. Wealth Docx software does more than reduce errors and save your staff time. It allows you to measure and analyze the firm from an elevated perspective, because you’re no longer working continuously in the weeds of the business.
