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Hi everyone and welcome to The Magellan Network Show. This week, I want to share a conversation with a successful advisor who someone referred to me. Despite his financial success, our discussion revealed a common issue in our industry: advisors often neglect their own growth and planning.
It reminded me of the saying, "The cobbler's children have no shoes." While advisors excel at helping others, they can overlook their own needs, making our industry feel like the neglected stepchild.
In this episode, I discussed the following:
- (06.35) Why advisors must have their own financial plan
- (09:31) Why do some prospects pause before committing
- (12:06) Why most advisors struggle to grow their game
- (13:23) How to overcome imposter syndrome and eliminate incongruencies
- (14:26) What advisors need to do to start 2025 with power and integrity
Related: How Financial Advisors Can Effectively Handle Adversity