We talked today with Joel Seleskie, Founder and Principle of Seleskie Financial. Joel's team consists of 4 other advisers and 8 support staff, and work primarily with owners of privately held and closely held companies.
Joel said he knew from a young age that he wanted to be a financial adviser. His first boss when in High School taught him the concept of earning interest on your money, and from then he went on to higher education in Finance, eventually becoming credentialed in financial advisory and insurance.
Joel works with a great number of business owners; many of whom are preparing for exit. We focused our conversation today on the role he plays in the process of exit planning. Joel believes in the power that a strong relationship brings to a long term advisory role. His focus is on being relatable, and understanding the non-financial impacts of exit, aside from the financial ones. The 'life after business' concept is one that is easily overlooked, but one that can derail the possibility of a pleasant retirement. So many owners have their life's work wrapped up in their business, in that it becomes their primary identity. Leaving it all behind is one of the most challenging aspects of transitioning, but Joel knows how to help owners deal with that well in advance.
Understanding the storyline of the business and the owner, and determining what their needs and wants are is an integral part of the planning process for Seleskie Financial. During the process, Joel seeks to do what he can to help the owner memorialize their life's work.
"Will I have enough?" is a question that keeps many owners up at night and it's one that Joel hears often. The remedy? Plan early and meet with your adviser regularly. Many owners also ask "how can I take care of my employees?". Joel's team works together to co-create a plan for the owner to have the best outcome possible while also being mindful of other stakeholders and their families. It's a holistic approach, to be sure.
Check out the interview for more on this topic with Joel Seleskie.
Find Joel here: seleskiefinancial.com or facebook.com/SeleskieFinancial
Find Julie here: https://www.poisedforexit.com/
Thank you to our Sponsors: JAK + Co. CPA's and Sunbelt Business Advisors
Connect with Julie Keyes, Keyestrategies LLC
Founder, Consultant, Author, Pod-caster and Instructor
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Ruthie's Table 4
For more than 30 years The River Cafe in London, has been the home-from-home of artists, architects, designers, actors, collectors, writers, activists, and politicians. Michael Caine, Glenn Close, JJ Abrams, Steve McQueen, Victoria and David Beckham, and Lily Allen, are just some of the people who love to call The River Cafe home. On River Cafe Table 4, Rogers sits down with her customers—who have become friends—to talk about food memories. Table 4 explores how food impacts every aspect of our lives. “Foods is politics, food is cultural, food is how you express love, food is about your heritage, it defines who you and who you want to be,” says Rogers. Each week, Rogers invites her guest to reminisce about family suppers and first dates, what they cook, how they eat when performing, the restaurants they choose, and what food they seek when they need comfort. And to punctuate each episode of Table 4, guests such as Ralph Fiennes, Emily Blunt, and Alfonso Cuarón, read their favourite recipe from one of the best-selling River Cafe cookbooks. Table 4 itself, is situated near The River Cafe’s open kitchen, close to the bright pink wood-fired oven and next to the glossy yellow pass, where Ruthie oversees the restaurant. You are invited to take a seat at this intimate table and join the conversation. For more information, recipes, and ingredients, go to https://shoptherivercafe.co.uk/ Web: https://rivercafe.co.uk/ Instagram: www.instagram.com/therivercafelondon/ Facebook: https://en-gb.facebook.com/therivercafelondon/ For more podcasts from iHeartRadio, visit the iheartradio app, apple podcasts, or wherever you listen to your favorite shows. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com