April 1, 2024 / by Don Connelly / Best Practices / 0 comments
Being a financial advisor can be an enriching career with both monetary and personal fulfillment. The price for such success is years of hard work, sacrifice, and overcoming extended bouts of mental roadblocks and self-doubt that can shatter one’s self-confidence and potentially derail a career.
These mental hurdles can manifest in various ways but are almost always a result of intentional or unintentional behavior that hinders your own success or well-being—in other words, self-sabotage. It’s like consciously or unconsciously throwing a wrench in your own engine by the actions you take, such as procrastination, negative self-talk, perfectionism, quitting tasks prematurely, and avoiding challenges.
It can also transpire through unhealthy mindsets such as fear of failure, fear of success, low self-esteem, imposter syndrome, lack of confidence, and limiting beliefs.
Few careers are as demanding as being a financial advisor, which makes it imperative to avoid doing things that can make it more difficult. All these actions and mindsets are avoidable, but it takes a conscious effort to weed them out, using “emotional self-regulation” – a process of monitoring, evaluating, and modifying your behavior. Here’s how it works:
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To Ensure Success, Financial Advisors Must Fight Through Mental Roadblocks and Self-Doubt
April 1, 2024 / by Don Connelly / Best Practices / 0 comments
Being a financial advisor can be an enriching career with both monetary and personal fulfillment. The price for such success is years of hard work, sacrifice, and overcoming extended bouts of mental roadblocks and self-doubt that can shatter one’s self-confidence and potentially derail a career.
These mental hurdles can manifest in various ways but are almost always a result of intentional or unintentional behavior that hinders your own success or well-being—in other words, self-sabotage. It’s like consciously or unconsciously throwing a wrench in your own engine by the actions you take, such as procrastination, negative self-talk, perfectionism, quitting tasks prematurely, and avoiding challenges.
It can also transpire through unhealthy mindsets such as fear of failure, fear of success, low self-esteem, imposter syndrome, lack of confidence, and limiting beliefs.
Few careers are as demanding as being a financial advisor, which makes it imperative to avoid doing things that can make it more difficult. All these actions and mindsets are avoidable, but it takes a conscious effort to weed them out, using “emotional self-regulation” – a process of monitoring, evaluating, and modifying your behavior. Here’s how it works:
Read more
Lead by Example – Prepare Yourself so Your Clients Are Ready Too
May 22, 2017 / by Don Connelly / Managing the Relationship / 0 comments
As an advisor, you need to prepare your clients for events that have not yet happened. You need to know in advance how you are going to manage your relationship with them when the markets take a downturn.
To step up to this challenge you need to practice your soft skills so that you inspire your clients with confidence in what you say. If they believe in you and think you are the ‘real deal’ they will go where you lead them.
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What Financial Advisors Read The Most on Our Blog in 2016
December 26, 2016 / by Diana Marinova / Connelly Corner / 0 comments
Did you know that you are one of over 30,000 Financial Advisors and Wholesalers who have read Don’s blog posts in 2016? We decided it’d be great to close our blogging year by bringing back to your attention the top 10 blog posts that our community enjoyed the most during the past year.
Top 10 posts on Don’s blog, published in 2016
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Read This if You Need a Boost in Self-motivation
July 18, 2016 / by Don Connelly / Best Practices / 0 comments
At some point in your career as a financial advisor you will experience a lack of motivation. When this happens you can either stay unmotivated and fail, or develop a new course of action and succeed. The following post includes some tips to help you do the latter.
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