This week, we’re going to continue our conversation about business/strategic planning. Today, I’ll be talking about the importance of business planning and why most advisors fail at it.
Twenty-four years ago, goal-setting or business planning programs did not exist. I realized that this was a major gap in our industry, and I decided to step in to fill that gap. Over the last several decades, I have constantly refined our process until it evolved to become the Magellan Vision 10x 2024 Masterclass.
In this episode, I will give a quick walkthrough of what we do in this 3-day Masterclass, why this program is different than anything else you’ve ever experienced, and why knowing exactly what you want to do over the next one, three, and ten years makes you a better advisor.
I also talked about the following:
- (04:54) What holds advisors back from doing a plan
- (06:11) Two questions I like to ask new advisors who want to work with me
- (10:05) What “mindset first, money second” means
- (17:53) The importance of having quarterly, weekly, and daily game plans
- (20:14) Why you must not go into next year, without an absolute written game plan