Fostering Business Relationships

March 8, 2018

Whenever you think of building relationships so that people can trust you, and so that your relationships grow, do you think of business? If you don’t, you should. Relationships are something we do want to grow in our businesses. Especially if you’re a financial advisor and you want your clients to trust you. Why are they important? Think of all the referrals you’ve received last year from your best clients. Some of those were probably your biggest sales. Now, try to quantify that number. Once you realize the importance of how you make your clients “feel” as you build those relationships, that in return could be helping your business grow.

We’ve discussed the benefits of building business relationships, now let’s focus on how we should go about doing so. When you first attract a possible client, here are a few things that will go through their head: Can I trust this advisor? Will they understand my unique situation? And, will this advisor’s advice be unbiased? The goal for you is to triumph all of these questions. Do so by being transparent in your process, empathize with their situation, and trust them back.

Following these guidelines will not only increase trust with your potential clients, but also develop those business relationships. In return, both the client and you, as a business professional, are better off.


Overcoming Fear

October 5, 2017

Whether it’s starting your own business, implementing a big change, putting yourself out there for that promotion..these are things that require you go out on a limb and potentially set yourself up for failure. Unfortunately, when you do something potentially life changing like this, fear always comes creeping in to say “but what you fail?”. So, what if you fail? You get told no? You have to try again? These things are not the end of the world! What if you don’t fail? What if you get the promotion, or your new business thrives? These are the questions that as business men and women we need to be asking ourselves. To do that, though, we must first figure out how to conquer the fear.

Everyone knows that the fear of upsetting your life or livelihood is paralyzing, literally. You can get stuck in the position you are currently in, indefinitely! The challenge is figuring out how to unstick yourself. The what-ifs will always be circling, so the key is to determine the positive what-ifs. What if I succeed?

The other thing to consider is what might happen if you don’t take these risks. As humans, we are always worried about the outcome of the risk. What is the outcome if you don’t take the risk. Sometimes that answer is scarier than if you were to take the risk, so put yourself out there.

Putting trust in yourself and your abilities is not something that comes easily to some, and fear will try and knock you down even further. If this is the case, ignore it. You know what you are capable of and what you need to do. The time is always now when it comes to the game of life, so make yours a life you are proud of and one where you are in control!