Why Advisors Fail At Business Planning

The Magellan Network Podcast

Hello and welcome to The Magellan Network Show. 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. 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 I invite you to be a part of our 23rd annual strategic planning conference: Magellan Vision 10x 2024 Masterclass which is happening from November 15th to 17th 2023. Join the virtual event and get access to all recordings, tools, and templates you need to 10x your game. Register Today! → https://www.fabizplan.com/ Watch The Magellan Vision 10x 2024 Program Tour here → https://youtu.be/c2KZmRs0ncY?feature=shared The Magellan Academy & Network The rules and tools for success in the financial services industry are about to change radically. I have spent over 25 years coaching only financial advisors. In that time, I have personally conducted over 50,000 individual coaching sessions. I have built a profound knowledge base of what it takes to achieve lifelong success in business and life. In my career, I have transformed 1,000’s of advisors (below are videos and written testimonials by many of them). I am going to coach you, teach you, inspire you, and train you all on your mobile device every business day. You are going to get better at business development, practice management, personal development, and your vision. Here is what you are going to get from me each month: - A 5-10 minute morning coach video each business day. - 3 training videos of 20-30 minutes each. This will be a deep dive into the four areas I mentioned above. - A live group coaching session where you and I can interact and work together. Here is what you can do each month: - Post a question to me and I will answer it. - Collaborate and associate with like-minded advisors. - Invite other great advisors into the network. Your Bottom Line: Here is the deal. I am not going to ask you for a credit card. As I said before, coaching is personality driven. You might not like my style or tactics. So with that in mind here is my offer to you. Complete the short form below. You will receive an email with detailed instructions on how to join the network for the next 14 days. I personally approve each submission so this might take a few hours or a day at the most. I will not ask for compensation of any kind during that 14 days. If after experiencing my work for 30 days you believe that I can help you, here is the deal. To remain in Magellan Network and have access to Magellan Academy, your daily investment in yourself will only be about the price of a Latte these days. One more thing, it’s a month-to-month deal. I’m not going to lock you into anything. Take action now and complete the short form below and I look forward to welcoming you personally inside the Magellan Network. ► Subscribe to our channel here: https://www.youtube.com/user/CoachJoeLukacs?sub_confirmation=1 Facebook: https://www.facebook.com/coachjoe.guru/ Instagram: https://www.instagram.com/coach_joe_guru/ LinkedIn: https://www.linkedin.com/in/coachjoelukacs/ Website: https://www.magellannetwork.net/ Soundcloud: https://soundcloud.com/themagellannetwork Twitter: https://twitter.com/CoachJoeLukacs__