As a financial adviser, you are an entrepreneur. What does that mean, exactly? The U.S. Small Business Administration offers the following framework: "An entrepreneur: Sees an opportunity. Makes a plan. Starts the business. Manages the business. Receives the profits."
These five points are at the very core of creating and running a successful business. You become a financial adviser, you consider the risks and opportunities in your plan, and you start your business.
The secret to sustaining a profitable company is hidden in the fourth principle: "Managing the business."
Allyson Lewis of The 7 Minute Life initially shared these insights on MorningstarAdvisor.com.
In this article, over 7 slides, you can read about the 7 personal development skills to grow your financial advisory practice. Along with each principle is the solution on how to practically get it done.
