![6. How it feels to buy trustworthy advice - podcast episode cover](https://img.transistor.fm/U8yyhwrBRuo5BXWVeU8_eoL_elhrqeaRtMKmFTkK-Q4/rs:fill:3000:3000:1/q:60/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzE1NTkxLzE2ODIx/MDcyOTctYXJ0d29y/ay5qcGc.jpg)
Episode description
My air conditioner broke in the middle of a heatwave.
Someone came to look at it and told me it needs to be replaced. They also recommended I replace my furnace at the same time.
How do I know if what they're saying is true? I trust them, but my guard is up.
Now, imagine I had to make decisions like this every single day. Complicated choices with financial impact on things I have no expertise in.
I'd want someone on my team I could trust. Someone with no financial incentives in the implementation. An advocate.
And if I didn't have in-house expertise, I'd want an advisor to help me make these decisions.
That's what a good advisor does. They're an advocate. Incentives aligned.
So if you want to be a full-time advisor, you have to get paid for your expertise and facilitate implementation, not necessarily offer it yourself.
More on this soon.
Yours,
—k