About this episode
What's the difference between an advisor who barely breaks even every month and an advisor who has so many high-quality clients that he has to actively turn away qualified prospects? It's not luck, connections, or even intelligence. It's something far more fundamental than that. In fact, there are 2 fundamentals that, once mastered, make you virtually unstoppable in business and life. Best part? Once you know about these 2 fundamentals, you can improve at them like any other skill. That's what we're covering in today's show. Listen now. Show highlights include: Why alphabet soup credentials and being a wizard with complex financial strategies can actually hinder your marketing (1:55) The insidious "Curse of High Competence" that makes your prospects hightail it to your competitor (2:32) 3 questions you must ask during discovery calls if you want to turn a qualified prospect into a loyal client (6:45) How to double your fees overnight without sacrificing a single client (8:20) The "Say Nothing" secret for closing sales and getting paid what you're worth (11:09) The weird way higher fees can build more trust than resistance (12:55) 2 scientifically proven ways to increase your confidence (and earn up to 50% more without working a single extra hour) (13:01) Why reading biographies can give you a bigger return on investment than perhaps anything else you can do (19:36) Financial advisors lose thousands of dollars in profits from their discovery meetings alone. But this doesn't have to be your story when you go https://www.theadvisorcoach.com/meetings and learn how to conduct more profitable discovery meetings. Need help increasing your fees? Inside my Profitable Pricing Blueprint, I break down the exact psychology behind confident pricing and show you how to shift the conversation from "why does this cost so much?" to "how soon can we get started?" I even give you the exact phrases to use, literally, word for word, so your pricing can land smoothly and powerfully. Check out the Profitable Pricing Blueprint at https://TheAdvisorCoach.com/Pricing. And since you listen to this podcast, I want to give you a gift: If you subscribe to the Inner Circle Newsletter, I'll send you a collection of