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Bill Bachrach: Drop Me Anywhere? |
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What is Drop Me Anywhere?
Drop Me Anywhere is an attitude. It's a way of being.
It's
a skill. It's confidence. It's not arrogance or cockiness.
It's relaxed. It's comfortable. People are attracted to
people who are drop-me-anywhere good.
A person who can be dropped anywhere is a person who knows,
that with very little money in their pocket, they can be
'dropped' in a town where they don't know anyone and they
will figure out how to add value to the people in that
community in a way that makes them money. And it won't take
long.
Would you like to be drop-me-anywhere good? How would being
drop-me-anywhere good impact your life, personally and
professionally? What does it take to be drop-me-anywhere good?
First, you need a product or service that helps people. It
should be something that a fair number of people in any
community, in any economy would be able to afford and find
valuable.
Once you have such a product or service you will need the
ability to strike up a conversation with just about anyone
you meet in just about any situation. These are called people skills.
A key people skill is the ability to ask questions during a
relaxed a conversation at a social or business function to
determine if your product or service would be valuable for
the person you are speaking with. You will make a friend,
develop a prospect, or both.
If true value exists, your ability to make the connection
between the value of your product or service and something
the person you are speaking with cares about will be vital.
Once you have helped the person with whom you are speaking
discover that you can add value to their life, you will need
to be effective at making an offer or proposing a next step.
You'll be more successful if your next-step initial offer
does not cost anything. An initial consultation or quality
experience of some kind works great as the logical next step
to exploring if and how you might help this person.
During the step where you create a good experience for your
potential customer or client, you will have to have the
ability to monetize the relationship. All this means is
that there comes a natural point in the relationship where
it's appropriate for them to begin paying you for the value
you deliver. You will want to be very good at explaining how
much it costs, what they get, and how the value to them
easily exceeds the cost.
Last, but not least, you must deliver what you promise on
time. By delivering the value you promise in a timely manner
you are establishing the good reputation that will make you
a long-term and welcome member of your new community. It's
also your ticket to getting referrals and being warmly
introduced to your customers' or clients' friends, families,
and colleagues. A person with drop-me-anywhere abilities
does not leave referrals and these introductions to chance.
They are effective at asking for referrals and facilitating
a warm introduction.
As a person with drop-me-anywhere skills, you will get hired
often enough to make enough money to cover your basic
expenses, soon, thereafter, you will be making enough money to
live a very comfortable life, and soon after that you will
be making enough money to achieve all of your goals and
fulfill your values.
Question: What's a great drop-me-anywhere business that
requires no capital to get started, helps people, and pays
well?
Answer: Financial Services.
Make a commitment to be drop-me-anywhere good. You're
already in the perfect business.
Happy Holidays ,
Bill Bachrach, CSP, CPAE
(Speaker Hall of Fame)
Chairman & CEO; Bachrach & Associates, Inc.
Author: Values-Based Financial Planning & High Trust Leadership
________________________________________
Contact Anne
Bachrach at the Financial Services Speakers Network at anne@fsspeakers.net to schedule Bill
Bachrach to speak at your next meeting or conference.
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Anne Bachrach: The Value of an Accountability Coach |
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"If you can dream it, you can do it."
-- Walt
Disney
It is estimated that up to ninety percent of our behavior is
habitual. That means that up to ninety percent of what you
do, you do the same day in and day out; often without
conscious thought. This may not seem like a concern, until
you consider what percentage of your behavior is sabotaging
your success. While you may be aware of some of your bad
habits, it takes the guidance of an accountability coach to
identify and bring awareness to all of the habits that are
confining you to your current reality.
Most of us have a list of bad habits we keep telling
ourselves we will change, but never follow through on making
them. Think about all the New Year's resolutions that never
happened. That's easy to do when you have no one to hold
you accountable for the things you say you are going to do
or would like to do. Would you be more apt to make the
commitment to change bad habits if someone was holding you
accountable? It's not exactly comfortable to try to make
excuses to someone else and you are more likely to follow
through on things you say you’re going to do when you are
held accountable for your actions, or lack thereof. This
is the idea behind an accountability coach.
Wouldn't it be great if our good intentions worked the way
that we think they should? Not even enthusiasm guarantees
positive results. There's often a wide gap between our
intentions and our actions. Poor follow through is a fact
of life for many of us. It not only threatens our health,
but it also prevents us from achieving personal, financial,
and career goals that are well within our reach.
Good intentions don't magically lead to good results.
They are a start, but you must have the motivation to take
action. Desire is unfortunately not enough and this is just
the truth!
We fail to take the action necessary to be in alignment with
our good intentions; and while we might be frustrated, we
somehow never change the negative habits. We stay in the
same place, repeating the bad habits that cause us endless
frustration.
An Accountability Coach will hold you accountable to follow
through with your good intentions and call you on it when
you don't. If this happens to you, it will not feel good
and you'll learn to just do what you need to do to avoid
that uncomfortable 'in your face' feeling of accountability.
In order to get what you don't have, you have to learn to
break the habits that got you where you are now. An
Accountability Coach will help you get creative and try new
strategies to move to your next level. With the expertise,
objectivity, creativity and insight of an Accountability
Coach, you will accomplish what you used to only intend to accomplish.
An Accountability Coach will help you identify the habits
and thoughts that are
sabotaging your success and hold you accountable for
replacing the habits and thoughts that are producing your
current results with improved habits that increase your
level of success. None of us is perfect and each of us has bad
habits and thoughts that are limiting our success. The
longer we wait to change bad habits and thoughts, the longer
we will continue to produce our current reality. To change
your environment, you must change your habits and thoughts.
It's like changing from the old vinyl album record to a new
audio CD.
While anyone can act as your pseudo-accountability coach,
even a friend, family member or co-worker, only a
professional accountability coach can offer proven
strategies to increase your level of success. Friends,
family members and co-workers can offer valuable feedback on
their observations, but not much in the way of professional
guidance. Besides, it's difficult to really take advice to
heart from our friends, family or co-workers. Sometimes the
people closest to us are the ones to whom we are most resistant.
This process is amazingly powerful and produces great
results. When you are held responsible for explaining why
you didn't complete a task, this can be a very effective
motivator. It doesn't feel good to make excuses- least of
all to your accountability coach. While there might be very
valid reasons why a task wasn't complete, these are usually
rare. My personal motto is, excuses don't count unless you
are dead. This may sound a bit harsh, but the point is to
break the habit of making excuses. You either did it or you
didn't. Why waste time with excuses?
Even if you still have a tendency to procrastinate task
completion until the last day, you had better bet your
Thursdays will be highly productive days if your
accountability session is on a Friday. While your coach
will encourage you to take daily action to avoid
procrastination, one highly productive day is still better
than no productive days.
When you have to answer to an accountability coach, you will
improve your commitment, focus, follow-through, and
productivity. Additionally, having an accountability coach
will increase your confidence and develop successful habits.
You will also see a reduction in procrastination because
you will have deadlines to complete your goals, or be held
accountable for their non-completion.
"The individual who wants to reach the top in business
must appreciate the might and force of habit. He must be
quick to break those habits that can break him - and hasten
to adopt those practices that will become the habits that
help him achieve the success he desires."
--J. Paul Getty
Founder of Getty Oil Company and widely regarded as the
richest man in the world in the late 1950’s
Enjoy your holiday season!
Anne M.
Bachrach. All rights reserved.
Anne M. Bachrach is the author of the book, Excuses Don't Count; Results Rule!, and her newest book Live Your Life with No Regrets; How the Choices we Make Impact Our Lives will soon be available. She has 23 years of experience training and coaching. Anne helps financial professionals keep and get more clients while maintaining balance in their life. Through her proven systems, she inspires Advisors to stay focused and take action on the highest payoff activities that lead to their ultimate professional and personal success. Take advantage of the many complimentary resources on her website (www.AccountabilityCoach.com) and subscribe to her blog (www.AccountabilityCoachBlog.com). ________________________________________________________________________
If
you're looking for a cost-effective way to help you stay focused and gain a
competitive advantage to achieving your goals in the current economy, click
here to learn more about joining Anne Bachrach's 90-Day Goal Achievement
Group Coaching Program.
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Mark McKenna Little: The Dry-run Prep Meeting™ |
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Once your Deliverables Team begins crunching numbers and
putting reports in front of you at the Dry-run Prep
Meeting, in preparation for a client's upcoming progress
meeting, it is easy to get 'lost in the numbers' and lose
sight of the client and the big issues standing in the way
of actualizing their Financial Road Map®. Highly skilled
Subject Matter Experts such as financial planners, tax
experts and estate planning attorneys tend to be very
technical people who are focused upon complex planning
issues that, if you aren't careful, might lead to
conversations so 'deep in the weeds' that you completely
forget about the tree (the client's goal) and the forest
(the client's Financial Road Map®).
So what are the big objectives of the Dry-run Prep Meeting?
How do you, as the Trusted Advisor, align these outcomes
with a Deliverables Team Member's need to contemplate the
complex details? How do we keep an awareness of the
client's Financial Road Map® (big picture) without being
drawn too far into the details at these prep meetings; how
do we avoid stomping on ants while the elephants run by?
The key is to remain focused upon the big objectives of this
meeting and the best outcomes.
The big objectives of The Dry-run Prep Meeting™ are for
the advisor to:
- Review and absorb, for the first time, all the action
items and recommendations created by the Subject Matter
Experts on the Deliverables Team for this upcoming meeting,
and to see all the math, or other work, backing up every
recommendation.
- Begin identifying the single biggest issue to be
addressed at the client progress meeting regarding what
needs to be done right now to increase the probability
this client will actualize their Financial Road Map®, and to
use this opportunity to get input about that from each
Deliverables Team Member present
- Give final approval of all meeting prep ("meeting prep"
is defined as all the materials prepared in advance, which
are required to deliver an extraordinary experience, that
the Trusted Advisor will possess during the client progress
meeting). After this no additional meeting prep may be
added by a Deliverables Team Member without the advisor's
approval
- Encourage & ensure peer review by those Deliverables
Team Members present in the meeting for all recommendations
& action items being proposed
- Utilize this final chance to identify any missing or
incorrect meeting prep
- Police to ensure all Deliverables Checkpoints assigned
to that meeting were accomplished by each Subject Matter
Expert
The Best Outcome for the Dry-run Prep Meeting
The best outcome is for you, as Trusted Advisor, to approve
all the final client meeting prep and have complete clarity
regarding how to use this client prep packet to deliver an
extraordinary client experience at the actual client
progress meeting. You know you have experienced an
effective Dry-run Prep Meeting when you have a clear plan in
place regarding what client conversations are required to
move those recommendations forward. This will create the
greatest probability that the Ideal Client's Financial Road
Map® is even more on track than it is right now.
Tension can exist between Deliverables Team Members, who are
trying to juggle all the elements required to deliver on
these big objectives of the Dry-run Prep Meeting, and the
Trusted Advisor, who is focused entirely on the best outcome.
Countdown To The Client Progress Meeting (CPM)
Here is a Client Progress Meeting (CPM) time-line which has
worked well for others. You might find it helpful as a
baseline for a discussion with your team regarding how to
accomplish all the objectives and achieve the best outcome
for the Dry-run Prep Meeting:
- 21 days before CPM: Cutoff for account values, The
Circle Chart™ and other routine prep reports may now be
updated
- 14 days before CPM: Send the preliminary packet
which includes the updated routine prep reports and the last
versions of all other reports, such as The Five Critical
Reports™
- 10 days before CPM: The Dry-run Prep Meeting™
deadline to get all action items, recommendations,
mathematical analysis and all other prep-work to the
Administrative Manager
- 9 days before CPM: Administrative Manager
assembles all materials submitted by Deliverables Team
Members, adds every action item and recommendation to this
client's Greatest Probability Strategy™ step-by-step
implementation plan of action in a preliminary (draft) order
of priority. This plan will be finalized by the Trusted
Advisor at the Dry-run Prep Meeting
- 7 days (or more) before CPM:The Dry-run Prep
Meeting™
- Day "0" is the Client Progress Meeting
While the Deliverables Team Round-table and the Dry-run
Prep Meeting prior to the FRM Update™ require all of the Deliverables Team Members' attendance, there are
some Deliverables Team Members who should attend The Dry-run
Prep Meeting for the Comprehensive Safety Review and the
Goal Progress Outlook meetings. Remember that, for the two
Dry-run Prep Meetings, only those Subject Matter Experts who
are necessary to back up and defend every recommendation,
report and number in the meeting prep packet are required to
attend.
Imagine how valuable every client progress meeting will be
as you walk in with every item of meeting-prep accurate and
in your possession. You will also have a crystal clear game
plan of the conversation necessary to get, or keep, each
client's financial house in perfect order and on-track to
actualizing their Financial Road Map™.
_________________________ __________
Follow the story of how one Financial Advisor successfully
moved from being an Investment Content Expert to a Trusted Advisor delivering
fully comprehensive financial services through a team of experts. You may sign
up for "The Kate Wilson Case-Study" at no charge at http://trustedadvisortoolkit.com/.
Mark McKenna Little is a speaker, author and Trusted Advisor who works with
advisors committed to implementing comprehensive financial services. |
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Tom Voccola: Are these 21 Limiting Business Beliefs Holding You Back? |
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One of the important exercises we take our clients through
is uncovering the limiting beliefs that hold them back.
There are literally hundreds of limiting beliefs, but each
person and organization has their own unique set. You might
ponder a few of these to see if you have them on your
personal list or if they're alive and well in your company.
We call them limiting beliefs because they limit personal
and organizational performance by sucking the energy out of
people. For example, if we believe that fire-fighting is
normal, we never do anything to put an end to it. We just
work harder, faster and longer. This may be seen as heroic,
but in fact, it just takes us away from building the
company.
1. Fire Fighting is normal
2. People don't care
3. Working more hours will make a difference
4. Empowerment is the same as delegation, but with more rope
5. Managing is the same as leading
6. Bad communication is just the way things are
7. Being an entrepreneur or business owner makes you a CEO
8. The boss knows best
9. People just want to be told what to do
10. People don't change
11. Training is the same as transformation
12. Other CEOs know more than you do about your company
13. Emotions have no place in business
14. The client is more important than your people
15. The client knows what they want
16. Leadership always knows what to do
17. Business is separate from one's personal life
18. Performance and behavior can be managed
19. While business is about people, working with people and
doing stuff for people; the stuff is more important than
the people
20. Profit is the main reason for a business
21. Education and past experience matter more than
personality
Limiting beliefs in an organization are invisible,
destructive and persistent. They keep us disengaged. And the
interesting thing is, the person or situation that caused
the belief to begin with can be long gone, but the belief
will live on until called into question. If you find you
subscribe to some of these limiting beliefs, that's actually
great. Awareness is the first step toward letting go of
what no longer serves you. Now, let's take this to the next
level; how many limiting beliefs do you have about yourself,
your family and your clients? How are those limiting beliefs
holding you back?
Entrepreneur, speaker, author and CEO
Guide, Tom Voccola is the CEO of CEO2, a Chief Executive Consulting Firm
specializing in the rapid transformation of corporate and organizational
cultures. Tom is the co-founder and past Chairman of the Los Angeles area CEO
Round Table for the American Electronics Association, and the author of The
Accidental CEO – A Leader’s Journey from Ego to Purpose. His life's work is
to inspire a new generation of leaders who transcend ego and its fear based
agenda. His work gives executives immediate and authentic access to new levels
of power, influence and freedom within their organizations.
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