Steve Schiestel (@SSchiestel) header
Steve Schiestel (@SSchiestel) profile picture

Finance professor at Michigan State University. Co-founder and CIO, Grand Capital Advisors - a fee-only fiduciary financial planning firm

Davison, MI
Joined April 2013
Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)Photo by Steve Schiestel (@SSchiestel)
Steve Schiestel retweeted
I've been on a bit of a health journey this year, having lost over 50 lbs. now, and wanted to share a few of my observations in case they help other folks. 🧵
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Steve Schiestel retweeted
My accidental journey to a six-pack. In the last few years I have gone from this to this. I’m 54. I’ve suddenly got a 6-pack. Sort of. A 4-pack. I’ve lost 48 pounds (22 kg). My metabolic age has come down from 57 (when I was 51) to 49. I'm super fit. What happened?
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I’ve been building real-life financial plans for over 7 years. Not the buzzy type of "comprehensive financial planning" used for marketing. I’m talking about helping people improve their lives by getting the most out of their money. Here’s how to spot the difference👇🏻
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Thank you @brianportnoy for taking the time to speak to my Advanced Wealth Management class yesterday on all things behavioral finance. Afterwards, many students said it was our best guest presention yet! It proves that Spartans and Wolverines can get along!
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Today the students in my financial planning class at MSU had the privilege to hear from @jus10castelli on: • his journey in the profession • our industry in general • keys to success • how to build a personal brand • how to align spirit, mind, body and (money)
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Steve Schiestel retweeted
Warren Buffett: How to calculate intrinsic value
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1 big difference between average and top writers: Functional note-taking system. But most never get past bookmarks. 9 steps to create a simple note-taking system ( that actually works):
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It's hard to quantify what an advisor's value is to different people. Some may appreciate a second opinion whereas others delegate just about everything. It's important to define what that value means to YOU.
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Steve Schiestel retweeted
I studied the home pages of 10 smart creative entrepreneurs. They have a LOT in common. Here are 6 approaches you can borrow from them for your own site... 👇
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Shortly after Steve Jobs returned as the CEO of Apple in 1997, he met with Jony Ive, Apple’s Senior VP of industrial design. Apple had 40 products on the market. “Jony, how many things have you said no to?” Jobs asked. Ive was confused. “You have to understand,” Jobs said, “There are measures of focus, and one of them is how often you say no.” “What focus means,” Jobs taught Ive, “is saying no to something that you—with every bone in your body—think is a phenomenal idea, and you wake up thinking about it, but you say no to it because you're focusing on something else.” Jobs walked up to a whiteboard and drew a 2 x 2 grid. On top, he wrote “Consumer” and “Professional.” Down the side, “Portable” and “Desktop.” Four products—meet Apple’s new radically focused product line, Jobs said. After that meeting, over the next two decades, Jobs and Ive—focused on making a few high-quality products while saying no to everything else—transformed a dying, near-bankrupt company into one of the most valuable companies in the world, worth over $2.9 trillion. Takeaway 1: The philosopher Marcus Aurelius pointed out that the focus of doing less “brings a double satisfaction.” You get the satisfaction of having fewer things to do. And…you get the satisfaction of doing those fewer things at a higher level. You get “to do less, better.” During Steve Jobs’ first visit to Jony Ive’s design studio, he looked around, and then he said, “Fuck, you’ve not been very effective, have you?” It was clear to Jobs that Ive was full of ideas and potential he wasn’t able to execute or fulfill under Apple’s previous leadership. In the Jobs era of “doing less, better,” Ive was very effective. Some products he designed include: iMac, iPod, iPhone, iPad, Apple Watch, and AirPods. Takeaway 2: Even though he slashed the product line down to four products, Jobs loved to have and hear ideas. “Steve used to say to me,” Ive said, “and he used to say this a lot, ‘Hey, Jony, here’s a dopey idea.’ And sometimes they were: really dopey. Sometimes they were truly dreadful. But sometimes they took the air from the room, and they left us both completely silent.” It made me think of what Jerry Seinfeld identifies as the ultimate skill of the artist: “taste and discernment.” “It’s one thing to create,” Seinfeld says. It’s one thing to have ideas. “The other is you have to choose. ‘What are we going to do, and what are we not going to do?’” What are we going to add to the product line, and what are we not going to add? “This is a gigantic aspect of [artistic] survival,” Seinfeld continues. “It’s kind of unseen—what’s picked and what is discarded—but mastering that is how you stay alive.” - - - “Everything just got simpler. That’s been one of my mantras—focus and simplicity.” — Steve Jobs Follow @bpoppenheimer for more content like this!
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Steve Schiestel retweeted
Hollywood power broker Ari Emanuel makes 300 calls every day. They're short. He's just "checking in" on his peeps. I stole (and modified) his practice. 10 check-in texts/DMs per day.
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Most people suck at marketing. But if you use these 5 marketing secrets, I guarantee you won't.
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Fantastic program for our students!
🚨 CALLING PROFESSORS AND CFP® PROGRAM LEADS: Save your spot for February 22nd — for our info session we'll have about the financial planning Externship specifically for professors and universities. amplifiedplanning.com/learnm…
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🚨 CALLING PROFESSORS AND CFP® PROGRAM LEADS: Save your spot for February 22nd — for our info session we'll have about the financial planning Externship specifically for professors and universities. amplifiedplanning.com/learnm…
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Steve Schiestel retweeted
1. Listening to earnings calls used to be a pain @Quartr_App makes it easy This free app allows you to pause, rewind, skip, & speed up calls
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Every pic in this collage brings back sad memories. The life of a Lions fan.
Replying to @JeannaTrotmanTV
This is literally every season for Detroit. It’s always ‘close, but no cigar’ situations where officiating screws over the lions. As fans, we’re used to it and expect it. But I’ve included a few examples of past games just for laughter
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Everyone tells you to: Pick a niche I’ll tell you: Pick an obsession When you’re obsessed with something, you can provide fantastic value to your audience.
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Canopy Wealth Management is the 7th Fastest-Growing Financial Advisory Firm in the US (per this report:) smartasset.com/data-studies/… Love the way they've handled showing their fees on their site and this comparison chart they created to show value. canopy-wealth.com/services
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