The Diamond Podcast for Financial Advisors: How to Determine If


Almost every advisor reaches a point where they wonder how they can improve their business life.

And it's likely something you can think about, too.

For example, you may wonder how to grow faster.

Either looking for ways to hire and develop next generation talent or build a team.

Or get access to better technology.

Or you can also look at the bigger picture for ways to gain more control and increase the value of your business.

And all this raises these two important questions:

How bad do you want it?

How much do you need it?

This is where the saying “no pain, no gain” usually applies – because it's not so much about whether you want or need it, but what you're willing to do or give up to get it.

Of course, we all want perfection or at least for things to be the best they can be. But messing with the status quo from the transition can ruin the momentum and even affect customer relationships. And the reality is, there's no guarantee that the changes you make will be worth the hassle you might go through.

And that's exactly why so many advisors get stuck in inertia, living with a status quo that may not serve them best.

In this special episode, Mindy and Louis Diamond share a process for evaluating the potential value of change. They share important questions to ask yourself, such as:

  • How do you know when it's worth making a change?
  • How do you decide if what you're going after will yield positive results in the end?
  • What things might you have to sacrifice to get what you really want?

Plus, they share real-world examples of the thought process that other advisors have gone through on their journeys. It's an important conversation, designed to get you thinking not only about your goals and what you're looking to achieve, but also about what it might take to get there.

Download a transcript of this episodeā€¦

Listen to more episodes of the Diamond Podcast on Financial Advisors: Insights into Advisor Transitions, Independence and Growth



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