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Hi everyone and welcome to The Magellan Network Show. This episode might be a little different from the usual. I’ll be sharing insights on what it really takes to double your income as a financial advisor—and here’s a hint: it’s probably not what you’d expect.
I recently met an advisor with a $5 million practice who wants to grow it to $10 million in five years. When I asked how he'd get there, he focused on systems and organization. I told him the real challenge is his belief that he can reach $10 million without changing himself—that mindset is holding him back.
In this episode, I discussed the following:
(05:24) Why systems don’t work for some advisors
(07:34) Why advisors should embrace a business owner or entrepreneur identity
(08:50) What truly sabotages an advisor’s growth
(13:44) What it takes to scale and get to the next level
(15:28) How to unlock real growth as an advisor
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