How Financial Advisors Need to Prioritize

All of us at some point fall victim to task list creep.  How do you determine what is not only is important but will help you increase revenue? What I have found is basically only two types of tasks. Those that will make you money, and everything else. Let me share with you this very simple yet impactful strategy.

PracticePower Academy Podcast #1128 “What Truly Matters”

Welcome to a new month early in the new year. I thought that I would use this episode to address all the DOL noise that has surrounded our industry for over a year now. I do not have a crystal ball to determine what the future holds as far as regulation goes. I will leave that to the army of attorney’s and consultants to debate. I have been in this industry for nearly a quarter century. I have coached through the tech bubble, on-line brokers, the market crash of the fall on 2008, the rise of the robo-advisors, and now DOL.

Here is what I believe truly matters (in no particular order):

  • There is always some “threat” to your success.
  • That “threat” is always a hidden opportunity.
  • Your relationship with your clients is the MOST important aspect of your business.
  • Without the above, you have no business.
  • There are gainers and losers in all industry conditions. Just like the stock market.
  • You need to focus on yourself when it comes to your physical and emotional health,
  • You need to serve your clients at the highest level. Then reach higher.
  • Remember Pareto’s law of 80/20. Which side do you want to be on?
  • Think strategically and act tactically.

I have also decided to do something rather unique and profound for every advisor. I have decided to make PracticePower Academy 100% FREE for each advisor. Head over to PracticePower Academy and watch the short video on the into page.

 

Podcast #1121 How to Execute Your Mid-Year Review & Break

It’s hard to believe that we are almost at the halfway point to 2016. Each year the pace seems to pick-up and the months just fly. In the episode, I want to break down for you the process of setting-up your mid-year review along with what you want to benchmark and how to review and tweak your 2016 business plan. I am also getting ready to start my own mid-year strategic window and my next podcast will be after the 4th of July holiday. In this podcast I will cover the following:

- Why you want to also schedule “half-time” each year.
- Best practices in setting-up your mid-year review.
- What area’s you want to benchmark and review
- How to review and tweak your business plan.
I am also looking for 10 advisors who are looking to double their business in the next 3-5 years. I have a one-of-a-kind 100% contingent coaching/partnering offer. Please email me at jjl@ipginc.net for more info and details.
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PracticePower Blog #1043 What Causes Success or Slumps For Financial Advisors?

BrainFood 

What causes a “success streak”? What causes a slump? I have studied and searched for the answer to these two questions my entire coaching career. My conclusion is very simple and straightforward. When a human being (FA) executes an empowering “pattern” it position that person for success. When a human being (FA) executes a dis-empowering “pattern” they sabotage their success. Got your attention? Listen to my latest blog for more answers and distinctions.

Practice Power Daily Coaching Video #756 6/12/13 The Perfect Daily Game Plan

Did I get you with the title? The reality is, the concept of a perfect daily game plan is just that. A concept not reality. So many advisors sabotage themselves by creating what I call the perfect day game plan.  The problem is, there are very few perfect days in our profession. Also, please don’t forget to register for today’s Practice Power Wednesday Webinar.

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

 

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.

Practice Power Daily Coaching Video #752 6/06/13 Creating the Proper Monthly Game Plan

Good Thursday morning! I just wanted to take a second today and remind everyone the importance of having your goals and business plan in-front of you when you are creating each monthly game plan. If not, it’s easy for it to become more of a monthly to-do or task list.

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

 

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.

Practice Power Daily Coaching Video #751 6/05/13 Getting the Monkey Off Your Back

A lot of times a business breakthrough needs to come from the seeds of a personal breakthrough.If you the advisor, are battling some personal demons it’s challenging if not impossible to achieve at high levels professionally. Getting the “monkey off your back”, is a strategy that I have personally witnessed many times as a key to your business breakthrough. on’t forget to register for Today’s  PracticePower webinar.

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

 

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.

Practice Power Daily Coaching Video #750 6/04/13 Rules For Summer Success

I know it’s not the official start of summer, but it is getting warm here in Florida. It’s about the right time to discuss how to approach these summer months. Contrary to some beliefs, the world does not go on break until September. Don’t forget to register for Wednesday’s PracticePower webinar.

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

 

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.

Practice Power Daily Coaching Video #749 6/03/13 Your June Game Plan

Well here we are starting the month of June. I want you to really focus on creating a detailed June game plan from your business plan. Let’s make every effort to finish out the first half of 2013 with some great momentum. Don’t forget to register for Wednesday’s PracticePower webinar.

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.

Practice Power Daily Coaching Video #747 5/30/13 Wrapping-up the Month of May

I was going to call today’s post, “How to Create a Video without a Voice”. I just want to make sure you take a moment and take a look at your May Monthly Game Plan and see what’s left to do. I would also recommend starting on your June Monthly Game Plan in the next day or so.

 

Here is today’s Brain Food    Having trouble viewing this video CLICK HERE for YouTube Feed

Don’t Forget These Items For Today

  • Review Your Business Plan
  • Review Your Monthly Game Plan
  • Create Your Daily Game Plan
  • Ask for Introductions
  • Track Your Results Daily
  • Go to PracticePower.Net

11 Reasons to Become a Member of PracticePower Today

 

  1. Developed by Coach Joe Lukacs who has been recognized as one of the top FA coaches and has over 20 years experience.
  2. Learn how to create powerful business & life plan
  3. Learn how to create a powerful morning success ritual & daily game plan
  4. Receive coaching every business day by Coach Joe Lukacs via video coach
  5. Learn a simple referral strategy that will result in at least 50 referrals per year
  6. Breakthrough the barriers that hold you back from your success
  7. Design a system that allows you to work from anywhere
  8. Access the I-Advisor blueprint that will allow you to grow your revenue by 20% each year and have 16 weeks of strategic/down-time
  9. Track your results with our online goal tracking system
  10. Get access to hundreds of hours of E- learnings, videos, and audios
  11. Full content access as a Priemum member is less than $1.00 per day!

  http://practicepower.net/ for membership information.