This month, many advisors are working on next year’s business plans.
For many advisors, these business plans will end up like a black hole in space – lots of energy will go in and little or nothing will come out.
Causes of the “black hole” effect
There are number of things that cause business planning to fail to translate into results.
First is underestimating the impact of entrenched habits – and failing to build in routines around new initiatives emerging from the business planning process.
Laura and I completed The Pursuit Of Excellence over the weekend and I can’t say enough about the workshop. It was great to be on the other side of the stage for a change to invest 34 hours to enhance our personal and business lives.
The benefits are numerous and the best one was to be reminded that I am so lucky to be in love with a woman that deeply loves me right back.
I’m reminded that as I approach my birthday, my intuition is magnified and this year it is ringing off the hook.
Gold Catches Traders by Surprise by AdvisorAnalyst 12 Mar 2010 at 12:50pm
Adam Hewison, of MarketClub, a seasoned Chicago trader, shares his thoughts on gold in his latest trading video.
The move down in gold yesterday su... How to Treat a Cold with Dr. Pepper, and other Weekend Reads by AdvisorAnalyst 12 Mar 2010 at 11:17am
Here are this weekend’s diversions for your reading pleasure. Have a great weekend, and March Break!
Testosterone: Friend Or Foe?
If testosterone i... Why Gold is Declining (The King Report) by AdvisorAnalyst 12 Mar 2010 at 10:52am
We received several inquiries about why gold is declining. Our view is gold is retrenching because:
• UK QE has ended (for now)
• US QE will end i... UniCredit Bank Warns Plunge In Sterling And Gilts, Britain Is Next “To Be Pum... by ZeroHedge.com 12 Mar 2010 at 10:31am
This article is a guest contribution from ZeroHedge.com.
Kornelius Purps, director of fixed income at Europe’s second-largest bank, UniCredit, has ... Chart: US Consumer Holds Back Growth by Prieur du Plessis, Investment Postcards from Cape Town 12 Mar 2010 at 10:19am
An interesting chart comes from the Consumer Metrics Institute (via Clusterstock - Chart of the Day) that constructs a US consumption index based o...
Stay on top of the latest headlines from the Wall Street Journal Online.
WSJ What's News Late Edition, March 12,2010by The Wall Street Journal 12 Mar 2010 at 4:47pm
Stocks maintain a narrow range on mixed economic data but move higher for the week; retail sales posts an unexpected gain in February; and Toyota faces a lawsuit in California.
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