Happy employees There is an essential element in attaining business success that's often overlooked by many business owners: what "success" means to employees. (Photo: iStock)

To build a successful independent advisory business, it's essential to have a very clear understanding of what "success" means to you — the owner.

  • Is success about generating a large amount of revenues (as many owners today seem to believe)?
  • Being able to spend a significant amount of time with your family?
  • Increasing your personal income?
  • Or having control over your working environment and how you serve the client?

These are all worthy goals. And over the years, owning an independent firm has proven to be a good way to attain them.

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