By making small adjustments in your approach to serving clients, identifying and rewarding employees, and creating a meaningful work environment, any advisory can reap at least some of the benefits of startup success. Here are seven startup practices that you can put to work in your business.
You have a piece of paper and a bunch of blue and red pens. Start with a blue pen and write down all the positive integers in order by spelling them out correctly using the English alphabet: ONE, TWO, THREE, FOUR, etc. Use the red pen the first time you encounter the letter “C.” Assuming that it takes 10 seconds on average to spell out each integer, how long will it before you need the red pen?
All advisors have access to the same information, but those seeking an edge look to more unusual data points. Here are eight unconventional metrics they combine with more traditional sources of information to shape their financial outlook and take the temperature of the economy.
You may think introverts are shy, but you'd be wrong. Shyness has nothing to do with it. The smarter you can be in recognizing how to make introverted and extroverted clients comfortable, the more successful you'll be in getting referrals. Here are six common misconceptions about introverts.