© Copyright 2004


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January, 2004

The Health Savings Account (HSA) -
The Dawning of Expanded Health Care

by Paul M. League, QFP, CFP®

President George W. Bush signed into law the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 on December 8, 2003. Tucked along with it comes the January 2004 enactment of the Health Savings Account ("HSA"), created for persons prior to reaching Medicare age, typically age 65, and created to help one save to meet medical and retiree health expenses on a tax-free basis.



"Whose Crisis Is This?"
Laura Stack

Throwing more time at your work isn't going to save you. Working faster and harder is a battle you will never win, because you will always have more things to do than time to do it. You could work all day, every day, and still never finish your work. Therefore, the problem isn't time shortage; it's time usage. It doesn't matter how long you work; it's how you work. Indeed, a 12-hour day can be more unproductive than a six-hour day.


Endless Prospects: Who Do I Talk To Next Now That My Original List Of Names Is Running Out?
by Bob Burg
No question about it; your company provides the best product or service in your field. So, what's the problem? Only that without an ongoing and ever-increasing number of quality names that you can add to your list on a daily basis, you'll eventually run out of people to share your products or services with. That thought can be downright discouraging, can't it? Then again, that doesn't have to happen ... ever!


You know you want to do it, so now what? The secrets to making your transition to fee!
by Martin R. Baird
If you're like most financial planners, you have seen the studies that show more and more clients would prefer to work with a fee-based advisor. Or you have heard from other advisors about how nice it is to have an income stream that flows every month. Some of you may even know that when it comes time to sell your business, it's much easier if you have those fees.


Disarming a Critical Aggressor:
Part I Awareness, Assertion and
Affirmation Techniques and Strategies

by Mark Gorkin, LICSW
"Wow, did you fumble the data. Didn't you prepare?" And the blunt critic reeks of tonal attitude and know-it-all arrogance. It's part of the punchline for a mind game exercise used in my "Managing Anger" and "Dealing with Difficult People" workshops. The exercise dramatically illustrates how not to give criticism.



You Can't Be a Famous Secret
by Norm Trainor

The following is based on one of The Covenant Group's clients, Helen Karrs. All of the names and telling details have been changed to preserve client privacy. Helen
Karrs had developed a unique and powerful investment strategy she was certain would take her business to the next level. But eighteen months later, her revenue had barely budged.


Business Intelligence: The Basel II Connection
Sabyasachi Bardoloi

Aristotle had once remarked "It is likely that the unlikely will happen." If this premise is taken into account, risk management organizations in the financial services institutions need all the assistance that they can procure. Information procurement is no longer the primary issue. The core challenge that financial service institutions face today is to filter the information and transform it into useful knowledge. This is where Business Intelligence solutions play a fundamental role.


Live Long and Prosper
Deciding on the meaning of true success for your life and business
(Final in a series of Nine Articles)
by Stan Hustad
The classic Star Trek character, Mr. Spock, used to give departing best wishes to another with a hand sign and the words, "Live long and prosper." He was doing what we all should do. He was pronouncing a benediction. A benediction is not just the words of a closing in a religious service. The word comes from the classic words of "bene" which means good, and "diction" which means to speak. Benediction means to speak goodness to another. Then our actions are to align with our words, and we are to speak and do good to another.


Getting Over Today's Success
by John Maxwell

In my office, I have a sign that says, "Yesterday ended last night." It's a great sign because it helps me keep our company's success in perspective. When I want to celebrate because the previous day was a good day, I look at the sign and say, "Okay John, that was yesterday. The party's over. Go home, go to bed and get ready for another day."


How to Stay in the Mind of Your Prospect and Win the Sale
by Bill Brooks

I was recently shopping for a car and a salesperson followed up with me in a way that defies belief. Actually, he had been assigned to contact me since his manager (my original contact) was out of town that day. The new salesperson called my house and left word for me to call him back. Here was my question: Who is selling what to whom?


"3 Ways to Get Through to Your Audience"
Michael Lovas, C. Ht.

Remember the TV show "Wagon Train"? At the first sight of Indians, the wagon train would form a circle to protect itself from attack. Why is that important to you? That's exactly what your audience is doing. Your prospects and seminar audience members are little wagon trains in little circles. They're in self-protection mode, and your job is to get through and let them know that you represent the friendly Indians.. Getting through to your audience...getting through to your audience's psychology...getting past their metal filters, that's how you set more appointments. And, that's what this article is all about.