Most advisors believe Intellectual Capital is the most important element to becoming successful. The smarter you are, and the more designations you have will determine your success. I do not believe that one bit. I invite you to watch my video blog on the subject and then come back and complete your practice evaluation and join my PracticePower website.
You Are The Most Important Product
Most advisors believe the most important thing in order to be successful is technical ability. That ability usually takes the form of any combination of designations. It does not matter if it is a CFP,CFA, CIMA, MBA, or all of them (yes, I have met more than a few advisors over the years with all of them). These designations will not guarantee any level of success –only that you are really smart. What matters most is your self-confidence and how you view yourself. Please view my video blog for more details. Please don’t forget to check out my advisor coaching resource website PracticePower.Net or if you have an interest in a personal coaching relationship with me please complete the Practice Evaluation form.
Creating Your Personal Development Game Plan
In my last blog post, I wrote about the business-game that we all are apart of. Because I got such great feedback, I wanted to explain briefly how to construct a personal development game plan. In my experiences, there are several areas that we always need to address: Motivation, Skills Sets, and Technical Expertise. In my video below I will teach you some of the most strategies and ideas my clients use to create their “PD” game plans enjoy. Also, please do not forget to register for your FREE PraticePower basic membership.
The Ultimate Personal Development Game
During my almost 19 years coaching financial advisors, I have observed countless ways advisors try in improve their results and success. Some will become designation collectors while other will purchase every silver bullet marking program put in front of them. What is the only true characteristic successful advisors have is the fact they are students of personal development and invest time, money, and energy to making themselves the best they can be. Please watch my video below for more information and please do not forget to join my practicepower coaching resource website–it’s free.
Change Your Behaviors To Change Your Results
As we pass the mid-year point of 2010, I hope you have already completed your mid-year review process. If so, you probably have determined to do the following; do more, get better, recommit, etc. The problem with those statements are they are nebulous! What does “more” mean for example? What you need to do is take a good honest look at your behaviors that support your goals and sabotage them. Please watch my video blog for more information. Please do not forget to register for your FREE membership at my advisor coaching site PracticePower.Net.
Your Mid-Year Review Process
I have always found it very important to schedule some time and go off and take a good honest look at your first have results. Most advisors spend hours each year creating a business plan and then abandon it by June. Here are some tips from the coach:
Schedule at least 3-4 hours outside your office, go somewhere where you will not be disturbed.
Review your goals that you set back at the beginning of 2010
What behaviors and actions are you not executing at the level you need to.
Review your Morning Success Ritual and Daily Game Plan
Please watch my Video Blog for more best practice ideas
Sign-up for you FREE membership to my PracticePower website to watch a 15 minute powerpoint outlining my mid-year review process.
The Mini-Day Concept
For the last decade I have approached my tactical business day by not looking at the entire full day. I have found it much easier to focus just on the A.M. day, have a mid-day break –I call it half-time. I then refocus on the P.M. day and finishing strong. Please watch my video as I explain other strategies to get the most out of your day. If you want to watch my E-Learning on how to create a powerful daily game plan please register at PracticePower (it’s FREE).
Why Strategic Friday’s Are A Must For Advisors
I have found that making Friday a strategic day is a great idea for advisors because if give them the opportunity on a weekly basis to work on their business verses in the business. Please watch this three minute video for more detailed information. Please don’t forget to register for my FREE advisor success website PracticePower.
Get Off Your Butt
Our industry needs to stop worrying about the market and get off it’s butt, get out of the office, and look to help people. The more people you help, the more your life will be enhanced. Please check out my latest video blog on this subject. Also, please register for your FREE basic membership to my Practice Power coaching system.
The New Rules Of Success
In this video blog I want to emphasize what to really takes to achieve at a high level in our industry. Most advisors believe that knowledge and technical competency are enough to achieve success. I believe that being an advisor is the greatest test of ones internal belief system regarding success.
