4 Things That Could Get You Stuck in a Rut

4 Things That Could Get You Stuck in a Rut

You won’t get stuck in a rut by chance. There’s always a reason behind a lack of career progression – from letting fears rule actions to lacking a career vision.

Here are four behaviors to avoid if you want to prevent yourself from getting stuck in a rut.

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You Don’t Have to Fear The Competition

You Don't Have to Fear The Competition

You, like many other advisors, may feel you work in a highly competitive environment where the competition is trying to outmaneuver you every step of the way. In reality, however this isn’t the case. As is true of any profession, most of your competitors are not fully engaged on most days. They show up for work each day unmotivated or with an ambivalent attitude. If you, unlike other advisors, develop superb soft skills, have a great work ethic, and exude positivity – you’ve already beaten the competition hands down.

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Take Action Now if You Want to Succeed as a Financial Advisor

Take Action Now if You Want to Succeed as a Financial Advisor

Financial advisors often fail or stay at a mediocre level because they procrastinate. They don’t understand that success requires looking to the future, setting goals and working hard to achieve those goals. Instead many advisors think they can get by day by day on the bare minimum. Unfortunately, success doesn’t just ‘happen’. No matter how talented you are your star won’t rise unless you get proactive about growing your business.

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Don’t Compare Yourself to Others – Focus on Your Own Success

Don’t Compare Yourself to Others – Focus on Your Own Success

Comparing yourself to other advisors and idealizing their qualities while underestimating your own abilities is a self-defeating habit, yet many advisors constantly do this. Believing that there are other advisors out there who are “better”, “more accomplished” or “more successful” than you can set you on a downward spiral because you feel you can’t measure up.

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Thrive on Rejection – Don’t Let It Ruin Your Financial Advisor Career

Thrive on Rejection – Dont Let It Ruin Your Financial Advisor Career 1

In order to succeed you need to prospect, open accounts and get referrals. To achieve these aims you need to face your fear of rejection. Rejection is an occupational hazard so rather than fear rejection you must find a way to thrive on it. Coca Cola sold 400 cokes in their first year. Henry Ford’s first two companies went under. They obviously learned to thrive on rejection. And if you don’t too you will halt any chance of success dead in its tracks.

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