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178 - Family Office: Why You Should Set Up One with Nolan Bradbury
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Are you looking to safeguard and grow your wealth while maintaining a legacy for generations to come?
Join Martin & Khalil, with special guest Nolan Bradbury of Bradfield Accounting, as they unpack the world of Family Offices and discuss why setting up one might be one of the best financial decisions you can make.
Time Stamps
- 00:39 - Intro to Nolan Bradbury
- 03:47 - Episode Intro
- 05:21 - Why Have a Family Office?
- 08:20 - What You Need in a Family Office
- 14:13 - When is the Right Time to Start a Family Office?
- 17:42 - Prevention is Better Than Cure
- 21:07 - Are You Running a Business or Just an Operation?
- 23:03 - Identifying Your North Star
- 26:19 - Finding the Time to Set Up a Family Office
- 31:49 - Understanding Where You're Going
- 37:16 - What Do You Really Want?
- 39:35 - Working ON vs. Working IN the Business
- 40:36 - What is Your Ideal Day?
- 42:50 - Trading Risk for Stability
- 48:51 - Finding the Right People For Your Family Office
- 58:27 - How to Get In Touch with Nolan Bradbury
Quotable Moments
- "It isn't about whether you can, it's about whether you should, right? What is the best use of your time?" - Nolan Bradbury
- "The step by step is key." - Nolan Bradbury
- "A plan has direction. And the thing about taking a step, and then another step, and then another, is that you have, by virtue of taking a step, determined a direction." - Martin Holland
- "Happiness is really the difference between expectations and reality. And the smaller the difference between those two, the happier we are, to be quite honest." - Nolan Bradbury
- "90% of the businesses in the United States, and there are 30 million of them, do not know if they made a profit last month, last quarter, or last year. They don't know." - Martin Holland
- "You have to give yourself time to do the things you want to do. You can't just always do the things you think you have to do, because otherwise there's no time to do those things that will lead to the things you want to do." - Nolan Bradbury
- "Understanding who someone truly is and their desires and what they want, that's the hardest question to ask. What do you want?" - Khalil Benalioulhaj
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