Ever wondered how to balance the demands of a thriving business, family, and your health and fitness while staying true to your values? In this inaugural episode of The Executive Edge Podcast, I had the pleasure of sitting down with Scott Treloar to dive deep into the world of finance, entrepreneurship and the art of juggling multiple priorities. This conversation is packed with insights, actionable tips and a few surprising revelations.
Meet Scott Treloar: A Contrarian in Finance and Business
Scott Treloar isn't just your average finance professional. With a wealth of experience in the banking industry and a unique perspective on what really goes on behind the scenes, Scott has successfully transitioned from the corporate world to running his own business. Like me, Scott has a passion for staying active and competing in Masters sports events, all while managing the responsibilities of supporting a family.
In this episode, we discuss everything from the challenges of leaving corporate life to the strategies for maintaining a balanced life filled with health, fitness and business success.
Key Takeaways: What You’ll Learn from This Episode
- Corporate Escape: How to know when it's time to leave the corporate world and start something of your own
- Balancing Act: Tips for managing a business, family, and personal health without dropping any balls.
- Finance Industry Insights: An insider's look at the banking and finance industry, including some of its dirty secrets.
- Mindset Matters: The importance of cultivating the right mindset for success in all areas of life.
- Contrarian Views: Why thinking differently can be your greatest asset in business and life.
YouTube Episode Timestamps
Introduction to the Episode
- 00:00 - Intro to Alex and the Podcast
Scott Treloar’s Journey and Career Insights
- 01:11 - Scott moves from Australia to Austria to become a ski instructor and driver for the Qatari Prince
-
03:34 - Why did Scott shift from an entrepreneurial start to investment banking and 10 years at Deutsche Bank?
- 05:15 - Do people work in large organisations that don’t align with their values just for the money?
- 06:00 - Do banks and financial institutions create value, transfer value or destroy it? Are they aligned with their clients?
- 08:53 - Do investment banks have an information advantage? How did that make Scott feel?
- 11:00 - Is the financial services industry deceptive?
Starting a Disruptive Business in Asset Management
- 15:06 - What was Scott’s idea behind starting a disruptive business in the asset management industry?
- 18:20 - How did Scott gather the courage to quit a salaried position to launch his own business? Takeaways for those uncomfortable in their current jobs
- 21:22 - No fear!
Challenges of Compliance and Business Setup
- 22:09 - Is compliance just a whack-a-mole? How would Scott shake it up?
- 22:59 - What is the hardest part of setting up your own business?
- 25:24 - How does Scott’s business support small hedge fund talent that might struggle without banking resources?
Finance Industry vs. Hollywood and Personal Challenges
- 28:20 - Why is the finance industry like Hollywood and the music industry?
- 29:48 - What were the physical, mental, and emotional challenges Scott faced and how did working with us help?
- 34:00 - What choices were Scott making regarding food and exercise and how did he sort that out?
- 35:09 - What did Scott learn about personal training as a man in his 50s and how did working with us benefit him?
- 37:39 - How did Scott’s mindset improve after executive coaching? What were the struggles like prioritisation?Advice on
Leaving Corporate Life and Starting a Business
- 39:31 - How do you leave corporate life and set up your own business? What would Scott have done differently?
- 45:28 - Do you just want to do your job or do something harder but more rewarding? What might you have to give up?
- 48:15 - Best takeaway message for someone wanting to set up their own business. What’s the next step?
- 48:39 - Income and materialism vs happiness and idealism
Closing Remarks and Fun Segment
Watch the Episode: Video and Audio Links
Whether you’re in the finance industry looking for a change, an aspiring entrepreneur, or simply interested in hearing some thought-provoking viewpoints, this episode is for you!
You can watch the full episode on YouTube by clicking here. Don’t forget to subscribe for more exciting content!
Prefer to listen on the go? Check out the audio version on your favorite podcast platform:
Or listen right here in your browser!
Feedback
I’m thrilled to share this journey with you and would love to hear your thoughts. What did you find most interesting about this episode? Do you have any contrarian views of your own? Drop a comment below and let’s keep the conversation going!
Write a comment