We’ve invited chameleon financial advisor Lincoln Pan to debunk the idea that accountants are boring! Lincoln talks about finding your passion, making your dreams tangible and creating opportunities from nothing.
There is a thing or two we could all learn from Lincoln’s go-getter mindset.
Do you ever question whether you’re doing enough with your life? If you do then let me introduce you to Lincoln Pan. Lincoln is a financial advisor, investor, accountant, author, performance coach and the human embodiment of sunshine and happiness. His laugh will give you life and energy for weeks. It’s infectious. With all this experience Lincoln has created three successful businesses – Cinch, Learn Zillion and Red Swan International.
But Lincoln is more than just a number cruncher. Never call him an just an ‘accountant’, it’s offensive. His passion is teaching and that has guided him through his career to where he is today.
Lincoln started from a storeroom. His sister’s storeroom to be exact. Immigrating from China 12 years ago, he walked out of university expecting to find a job. After sending out 150 resumes and receiving no job offers he decided to rethink his approach and what he was passionate about.
He asked himself these two questions:
He came to the conclusion that he wasn’t passionate about accounting. Instead, he wanted to teach and mentor. So he put an ad out on Facebook and within 24 hours he had a response.
The job market is completely saturated now. It’s not like how it used to be. University graduates believe that their degree is enough. It’s not, and it’s going to take a lot more experience to stand out from the crowd.
So how do you make that first step?
Lincoln recommends asking yourself these three essential questions:
“We all have this mojo for something, we just have to uncover it” – Lincoln [8:25]
Lincoln is passionate about teaching, people are willing to pay him for it and he’s good at it. He was able to turn nothing into something because he was passionate about it and created his own opportunities. So often people get caught in finding your passion, but how do you actually make it tangible?
You can’t reach a goal or achieve a vision unless you’re willing to put the hard work in. If you’re cruising, your luck will only stretch so thin.
It’s Lincoln’s passion to help people. But you can’t help someone who isn’t willing to help themselves. Lincoln finds time after time that people are only looking to hear one word – “certainty”.
Lincoln sees himself as a chef. Not in a conventional way. With clients, he’ll share the recipe, the steps needing to be tackled before you can achieve your result. He can’t do the work for them.
If you’re following your passion and attempting to create opportunities for yourself you need to understand that nothing will happen overnight. Be consistent and keep pushing. It’ll happen, but you need to be patient.
The key to success is consistency. You need to establish a routine and define your goals before you can start the hard work.
There is a purpose behind everything Lincoln does. Every day he creates a blueprint of what he wants to achieve and then he sticks to it.
Lincoln uses an RPM time management system and asks himself every day these questions:
Defining what your goals are will give you clarity. You can’t aimlessly stab in the dark and hope to hit your target. It’s impractical and a waste of your time.
If you find yourself aimlessly making decisions that don’t have intention behind it – ask yourself why? Lincoln has days that are more difficult than others. He’s only human. Whenever he’s feeling burnt out he prioritises an activity to relieve stress. It’s inefficient to work whilst you’re burnt out. You’ll save more time in the long run by prioritising what your body needs to function first.
Keeping up with a routine is the hardest hurdle you’ll face as an entrepreneur. But consistency is paramount to succeeding.
Having drive isn’t something that can come naturally. It needs to be born from passion.
Lincoln has an immigration mindset about everything he does. He feels that he needs to constantly prove himself and earn trust. He doesn’t expect trust to be awarded to him, he builds it with his actions.
There are a couple billion people in China and Lincoln constantly questions – why him? Why was he the lucky one to receive the opportunities that Australia offers? He enters everything with a grateful mindset. It’s at the forefront of everything he does.
To create drive within yourself, a few things need to align:
If you can’t grow yourself, then you can’t grow a business. You need to put the time into yourself before you can grow a company. Drive will follow when you’re willing to put the work and time in.
What does a financial advisor, author, and performance coach do in his downtime? Read books about personal growth of course! The following books are Lincoln’s top reads at the moment.
Find one thing you’re truly passionate about and ask yourself where you can provide value where others can’t. But don’t forget to share your passion, no one can invest in you unless you share what you’re passionate about.
Mentioned in This Episode:
Check out Lincoln’s socials and give him some love!