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Hello and welcome to The Magellan Network Show. Most of us start in this profession by joining a lot of networking groups to build our careers. However, this can lead to overcommitment.
A common pitfall for advisors is falling into the popularity trap. They mistake popularity for profitability, focusing their time and energy on the wrong things.
In this episode, we'll talk about how to avoid the popularity trap and explore how to shift focus from being popular to achieving long-term success.
I also discussed the following:
(04:27) Why advisors need to evaluate their groups
(07:49) What an advisor should be all about
(11:39) Why most advisors find it difficult to get out of the popularity trap
(13:00) Two things that advisors must value the most