Work-life-balance road sign Building and running a business like an insurance agency has many parallels to raising children. (Photo: Stuart Miles/Fotolia)

An advisory firm owner I work with recently got upset, because she didn't feel I was focused enough on helping her get her "wants and desires" met through her business. Sadly, this isn't an uncommon occurrence.

It's hard to run a business. What many owners don't understand is that building a successful advisory business is about finding the right balance between their needs and the needs of their business. It's my job to help them find that balance.

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Angie Herbers

Angie Herbers is chief executive and senior consultant at Herbers & Co., an independent management strategy consultancy for financial advisory firms. She can be reached at www.HerbersCo.com.