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Hello and welcome to The Magellan Network Show! I hope you're all having a great February 2025. Over the past 30+ years of coaching advisors and observing the profession, I’ve often been asked what sets apart those who achieve long-term success from those who struggle or see only short-term wins.
One universal factor stands out: the level of investment an advisor makes in their personal and professional development. In this episode, let’s unpack the most powerful return on investment you can make in your career.
I’ll also discuss the following:
(04:37) The first step to improving your economic results
(11:12) What is holding most advisors back from scaling their business
(12:47) What is the rocking chair test
(16:04) My new rule for how much advisors should invest in themselves
(17:52) A key lesson for young advisors
Related: Why Referrals Matter More Than Ever—And How to Get More