© Copyright 2004

 

March, 2004

Financial Advisors Forum

The Financial Advisors Forum will be presented
May 6-8, 2004 in New Orleans, sponsored by the
International Association of Registered Financial Consultants.



The Secret to Success: INTENT
by Joseph Heller

Have you fallen into the How To trap? Are you focusing on what to do or how to do it verses WHY to do it? Most people I know who are struggling to stay ahead are focused on the how to dig themselves out of debt or how to make quota. Why is everyone focusing on the How To's when the secret to success is INTENT?


Help Prospects Stop Being Their Own Worst Enemy
by Martin R. Baird
In its Dec. 22, 2003 issue, Forbes magazine published an article about investing titled "Your Own Worst Enemy." It was a great one-page article and it explained that if everyone only read magazine and newspaper headlines, they would think that "crooked trades" are robbing people of their future. The article noted that investors have lost more than $10 million to crooked trades. I hear all the time that the crooks are ruining the business.


Creating a Dynamic Business
by Michael Beck, Founder
Three areas of development are necessary to achieving your success. Accelerating growth in your business and your life requires attention to all three areas. They’re like a three legged stool. Paying attention to only one or two of them just won’t work. They support and reinforce one another.



Sales Magic
by Kerry Johnson, MBA, Ph.D.
Do you realize you're being subliminally seduced almost every single day by almost every part of your outside business and personal environment? If you're thinking that subliminal seduction in advertising has been outlawed, you are right - to a certain extent. You are being seduced daily in many other ways as well.


The Power of Permission
by Don Pooley
You muted the commercials on the TV last night because you were fed up with interruption marketing. Ditto if you went through your mail and found most of it was junk. Ditto again, if a stranger phoned you (usually at dinner time) and wanted you to answer some questions, or contribute to yet another worthy cause. Interruption marketing does just that. It interrupts you, and steals your time.


Is Your Business Partner Right For You?
by Norm Trainor

The following is based on one of The Covenant Group's clients, Joel Stack. All of the names and telling details have been changed to preserve client privacy. Joel Stack believed his partnership with another advisor would take his business to the next level. But a year into the partnership, his revenue was down and his stress level up.

 


Naïve or Desperate?
Investors continue to be swindled by investment schemes.
by Jonathan Hafen

Though the economy appears to be rebounding, many investors are still feeling the sting of having lost hefty percentages of their savings. Lower interest rates and returns on traditionally low risk investments put investors in a vulnerable position where they may feel the need to "catch up" to where they were a few years ago.


First Things First
by John H. Melchinger

People come to me when they have a problem. Acquiring new clients is always an issue. They want a quick fix that doesn't involve them; a marketing technique. I tell them this: "I can help you, but first things first. The more personal the style of acquiring a new client, the better that client will be and the longer that client will stay with you. Less personal approaches yield far lower results. If you aren't getting personal introductions, something is terribly wrong."



The One Characteristic All Buyers Have In Common
by Bill Brook
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There is one particular situation or circumstance that must absolutely exist in a prospect's mind before they will ever become a truly qualified prospect for your product or service. Surprisingly, it isn't money (they can borrow, direct or release funds) and it isn't really the authority to buy (you can find your way to the buyer).


What’s Your NCR Quotient?
by Ed Morrow, CLU, ChFC, CFP, RFC
No, I am not asking if you have or need a cash register from the well-known National Cash Register Company. Financial advisors don’t need a cash register, but they do need cash. In fact, lots of financial advisors are hurting financially! Why? They are caught in eight economic squeezes:


What If Your Business Was Truly All About Them?
by Bill Bachrach, CSP

The truth is there are a lot of people who think they are client-centered, and who don't behave that way. What's more, most advisors agree that their businesses should be all about their clients, but they've never formulated or implemented a plan for actualizing this ideal.


Been There, Done That, Now What?
by Charli Williams

This is the rather logical question that comes up for people when they become comfortable with their continuing successes in business and personal life. Financial ease, happy relationships and increased good health are things most of us want.