Corey Wastle, Verse Wealth – InnovaBuzz 227
Corey Wastle, Verse Wealth
In this episode, I’m really excited to have as my guest, Corey Wastle of Verse Wealth. Verse Wealth is a fast growing financial planning and financial coaching firm that delivers purposeful and personalised advice based on outcomes that really matter to their clients. This is a fascinating interview and the lessons that Corey shares are applicable to any service industry.
In our discussion, Corey talked to me about:
- Building their organisation with a culture first approach
- Taking care of their people first, and they then care for the customers
- How Verse Wealth gain alignment across their organisation with the OKR Framework
Adam Murray on episode 219 suggested we interview Corey.
Listen to the podcast to find out more.
Listen to the Podcast
When you are inline with your values, you are more inclined to be happy, satisfied, and organised. @CoreyWastle on #InnovaBuzz podcast Click To Tweet
Show Notes from this episode with Corey Wastle, Co-founder of Verse Wealth
Key points and takeaways from this episode include:
- Money is most commonly the thing that gets in the way of people, but more than anything, money is just a tool that helps people do what they want to do in life.
- Managing money well is key to getting our lives better.
- Financial advice is all about people. It is not about money. It is all about helping people gain clarity on what they really want in their lives and using that as a reference point for decision making.
- What you value most in life is what drives your decision making.
- When you are inline with your values, you are more inclined to be happy, satisfied, and organised.
- Define the kind of culture you want to create and define that with a set of values.
- Values shouldn’t be a framework. Values are guiding principles to how people behave, how they interact with their teams and clients, and how they make decisions.
- Culture and values are the best representations of who you are and what you want to be as an organisation.
- When you have great people and a great culture, everything else starts to fall into place. Everything is a lot easier.
- Everything starts with leadership. A leader is the one who sets the tone. If you want to build a great culture, you have to embody all the values and principles that you want your team to live by, better than anyone else.
- Trust your people and allow them to take ownership.
- The most successful organisations have the best leaders and the strongest cultures.
- When you have a great culture that brings out the best in your people, you also get the best out of your business.
- The Objective and Key Results (OKR) is a goal-setting framework that was made famous by Google. It is a framework that helps companies set the right goals and head in the right direction moving forward.
- Set your goals and make them measurable so you know whether or not you are on the right track.
- In order to create a great culture, there should be honesty amongst everyone. When there’s a high level of honesty, there’s also a high level of trust. Create a culture where honesty is valued and expected.
- If you want to have a great culture, you have to genuinely believe that your people are the most important resource that you have.
If you want to have a great culture, you have to genuinely believe that your people are the most important resource that you have. @CoreyWastle on #InnovaBuzz podcast Click To Tweet
The Buzz – Our Innovation Round
Here are Corey’s answers to the questions of our Innovation round. Listen to the interview to get the full scoop.
- #1 thing to be more innovative – Be obsessed in improvement.
- Best thing for new ideas – The OKR framework.
- Favourite tool for innovation – Meditation.
- Keep project / client on track – Communicate with them regularly. Respect your client’s time because time is often where people get off track.
- Differentiate – Be yourself. Live your own life. Speak your own truth.
To Be a Leader
Be willing to do the right things. Be an independent thinker.
Reach Out
You can reach out and thank Corey through their website and on LinkedIn.
Suggested Guest
Corey suggested I interview Andrew Van De Beek, the Founder of Illumin8. So Andrew, keep an eye on your inbox for an invitation from us to the InnovaBuzz podcast, courtesy of Corey Wastle.
Links
- Website – Verse Wealth
- Twitter – @CoreyWastle
- Guide: Set Goals with OKRs
- A crash course OKR — Google’s secret sauce
Cool things about Corey
- He was recently featured on the cover of the Financial Planning Association’s (FPA) magazine.
- He has both a Bachelor’s Degree in of Business and Commerce, as well as in Communication with Monash University.
- He dreams of playing golf at the Augusta National Golf Club, buying a place in New York City, and winning the Melbourne Cup.
Culture and values are the best representations of who you are and what you want to be as an organisation. @CoreyWastle on #InnovaBuzz podcast Click To Tweet