An Idea
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This idea may work, or it may not, so if you don’t like it just ignore it. I figured I’d throw it out there though since it won’t be useful to me this year.
There are some pretty big tax changes Obama is talking about making to businesses and investors (nearly doubling the capital gains tax for example). How about going to your local Republican Headquarters and offering to do a talk on something like "Why Obama is Bad For Your Retirement" You could have an outline made up to show them what you'd be covering. They'd probably be willing to let you use their office and they'd probably help with getting the word out there. You could finish up your talk with "If Obama does win the election here are a few things you need to do immediately, 1) sit down with me to review where you're at, 2) ....., 3).... Just an idea I thought I'd throw out there.And if McCain wins, you’re SOL.
How about telling all your prospects, "I help clients retire with more income, regardless of what taxes are doing. Tell me, what is your current advisor doing to help you negate the bite of taxes in retirement?"[quote=deekay]And if McCain wins, you’re SOL.
How about telling all your prospects, "I help clients retire with more income, regardless of what taxes are doing. Tell me, what is your current advisor doing to help you negate the bite of taxes in retirement?"[/quote] And if McCain wins you have those people's phone number to follow up with. I'm just talking about how to get a free, or at least cheap, event together. I don't think the local Republican HQ is going to pay for a cut and paste retirement speech. But why not try too put a political spin on it and get what you can out of it. Again, I'm not in the business yet so maybe this isn't a good idea. Still, if I were in business right now I'd be giving it a try.I doubt compliance would approve it. A topic like that would make it seem as if the firm is backing a specific political party
Did you see the Seinfeld episode where half the people walked out of Poppy's restaurant when they found out that he was Pro-Life?
Some Domino's Pizza operators took a serious financial hit because of the CEO's Pro-Life stance.
Stay away from controversy on a professional level. Saying, "I support McCain and Obama blows" won't get business for you from McCain supporters, but it will cost you business from Obama supporters. The opposite is also true.
In general, we do business with people whom we like. We tend to not like people when we disagree. I'll give you an example from this forum. I really enjoy reading what BondGuy has to say on any non-political issue. He seems like a nice, intelligent guy and someone whom I would enjoy meeting. Yet, when he talks politics, I think he is not so nice and not very intelligent and someone whom I have no desire to meet. What's the difference? Most likely, I like him when we agree and dislike him when we don't. It makes no sense, but it is reality. (BG, no disrespect is intended and it is I who I am trying to denigrate by pointing out that my personal views change when they shouldn't.)
Our jobs are to get people to take action. This is a heck of a lot easier when we are liked.[quote=anonymous]
Our jobs are to get people to take action. This is a heck of a lot easier when we are liked.[/quote] This is why we see a lot of financial advisors involved in charities/non-profits. Become a genuinely good person and people will genuinely like you. (plus anybody donating money must not be hurting for it )There is a good chance you could alienate yourself from existing clients and potential prospects.
And as someone said, compliance would DEFINITELY not approve it.Anon, no offense taken. You make a good point.
So far today, between the open forum and PMs i've been called a blowhard, jerkoff, and ego maniac. Worst yet, one poster thinks I'm a democrat. Now anon doesn't find me intelligent, or nice. Gee could it get worse? Just for the record my political comments on this forum are by far benign when compared to comments I see on other forums I visit. Yet, as benign as they are people here make judgements of me when I make them. As anon has pointed out, unfair judgements. If we could sit down and I could explain why i feel as I do most here would accept it and we could be friends. But, I won't get that opportunity. And neither will you with your clients and prospects. With clients politics and religion are a slippery slope to remain as far from as possible. And don't get drawn in on any topic or any issue. You are Switzerland when it comes to these subjects. To not realize this will cost you clients and prospects. Instead, come here and tell us what you think. As a pro McCain guy you will get much love, and not be the target of unjust judgements made from an emotional level. If you are thin skinned stay away from any web forum that is populated by union members, teachers, or college professors. Those groups will roast you for any pro repub leanings.old spice, one other thing, good job thinking outside the box. While we advise against going forward with this idea, the thought process for generating new biz is the important thing. Keep the idea pump going. Once in production, don’t be afraid to try new things. Everything that works today was a new idea at one time or another.
On the other hand, no reason to reinvent the wheel. Cloning what works is a proven road to success.Thanks BondGuy. Here’s another idea I had. Strippers seem to drive nice sports cars. I’m thinking I would get a good return on my investment by going to strip clubs, getting as many lap dances as possible, and putting my biz card along with a few bucks in their thongs. jk
Just make sure they don't bring in cash to open up their accounts.... or atleast keep some disinfectant handyThanks BondGuy. Here’s another idea I had. Strippers seem to drive nice sports cars. I’m thinking I would get a good return on my investment by going to strip clubs, getting as many lap dances as possible, and putting my biz card along with a few bucks in their thongs. jk