Pay Attention To Compliance, It Isn’t Going To Go Away
November 26, 2009 by Simon
While preparing for last week’s Compliance & The Elimination Of Rogue Behaviours financial advisor speaking presentation for Advocis Ottawa, I came to me that Compliance isn’t the issue.
The issue is we are being fuelled by The Culture Of Fear that we have been hammered with in this new millennium from questionable wars, oil shortages, the environment, the economy through to the fear of a pandemic and possible inflation on the horizon.
In the middle of all of this is the rogue behaviours of a few financial advisors have been overselling questionable products with excess commissions to unqualified clients.
Compliance is not going to go away so learn to pay Attention.
Pay Attention to Attention Management so that your valuable time and energy isn’t sucked away majoring in minor things.
Pay Attention to building the following components of your business to include a big vision to add value to those you serve which in turn will yield a bigger income that will fund the team and the systems that you need to remain compliant.
- Values, Positive Feelings, Positive Beliefs
- Business / Marketing Plan
- Budget Cash Flow
- Hiring & Delegation
- Customer Service
- Product Focus
- Relationship Management
- Time Management
- More Profit
- Attention Management –> Quitting
To remain Compliant you have to Quit the Routine that is killing you and pay more Attention to Compliance.