Note: if images don't appear please enable "display / load images" in your email program. |
|
|
|
Issue: #506
July 14, 2025 |
|
|---|
|
|
“A key to Buffett's extraordinary success is a refreshingly simple habit and "something anyone can do," his longtime friend Bill Gates points out: He reads every day.
Buffett, who spends between five and six hours a day paging through books and newspapers, finds it "enjoyable to think about business and investment problems.”
"Everybody can read what I read. It is a level playing field.” |
|
Greetings,
Welcome to this week's Advisor Training newsletter. Our goal is to provide training, education and insights for those who adhere to our client-first, counter-cultural, and sometimes counter-intuitive investment and business philosophy. |
|
|---|
|
|
-
Main event: Closing Sales.
-
17 Tips that Guarantee Success #2: Client Appointments Conduct 2 - 4 new client appointments per week, 50 weeks a year.
-
Brief summary of Epiphany #28: Play the Long Game. Upfront production is the short game. Residual is the long game. Investment income is the permanent game.
-
Review of last week's quiz
-
Updates, News and Announcements
-
and much more...
|
|
|---|
|
|
"What kind of open rate should I be getting on my email newsletter? I am getting 20% right now on a piece I send out once a month." |
|
|---|
|
It's not high enough.
Open rate should be 60-70% for client email newsletters.
- Shorten the subject line to 3-4 words.
- Use only one-syllable words in the subject line.
- Use an emotional word in the subject line ("Avoid retirement nightmare by doing Roth conversions.")
- Send out a survey to all email recipients asking them if the content is helpful, and what types of content they would prefer in the future.
|
|
|---|
|
#10 - Prompt, Two-Way Communication |
|
|---|
|
- Have prompt, two-way communication with your clients and peers (max 24 hours delay).
- For clients use your IP email.
- For Advisors make sure to install Telegram on your phones, tablets, computers and turn ON notifications.
|
|
|---|
|
Think and Grow Rich by Napoleon Hill
Think and Grow Rich was written in 1937 and is one of the top ten books of all time on personal development and self-improvement. |
|
|
|
|
“No one is smarter than all of us.” |
|
|
|
|---|
|
The AdvisorFirst "Dailies" Telegram Chatroom is designed for training and education. We post 1 - 4 lessons per day, including daily content from Nick Murray.
This chatroom is open to all Advisors, even those not part of AdvisorFirst. I strongly encourage you join it and check it daily - it will give a good insight into our philosophies and training. |
|
|---|
|
Who is generally eligible for a Solo 401k? |
|
|---|
|
- Only owners and partners (max three).
- All owners and up to two employees.
- All owners and up to five employees.
- Unlimited, but restricted to owners and related family.
- Only for one person, the owner.
- Owner and spouse, or two partners.
|
|
|---|
|
Michael Paulding Thomas
Securities Principal & Advisor Development
Over three decades of training part-time and full-time financial advisors. Developed 2 $200k-earners, 10 $100k-earners, 15 part-time $50k-earners and built a $1.6M revenue sales force.
|
|
|
|
|
|
| |
|
|
