A logo for aspect ipc advisor blog

Go Big or Stay Bored - Growing Your Financial Advice Business

Chris Reynolds • Feb 03, 2020

I recently re-read some of the older books by Dan Sullivan, creator of the Strategic Coach program. One of the books I re-read was ‘Quotable 10X’. In this book, Dan suggests the reason why people don’t feel invigorated or engaged in what they do is because they fail to set their goals high enough to really get their blood pumping. 



After being in the game for so long, many advisors start to work on autopilot. They have comfortable incomes, good clients, and a great work-life balance, all of which is good, but is it great?

When Did You Feel Most Alive?

I can only speak for myself. I have always felt greatest when I have set huge, almost unattainable goals for myself. I feel challenged (even stressed) about doubling our assets under administration or undertaking a major corporate initiative. But, once I've achieved a goal, I am compelled to write another one – one that sets the bar even higher than the last.


The times I feel sluggish, question my career choices (I wanted to be a rock star) or get downright grumpy, are the times when life gets too easy and there are no big goals in front of me. In other words, that is when I get bored.


So, I'm putting out a simple question: ‘what is your 10X?’ What audacious goals are you setting for yourself and your team that will allow you to really sharpen your focus? What goals have you set for yourself to make you feel like you are creating value?


Life is not something we just have to get through; life is meant to be lived to its fullest. We should all challenge ourselves to never be satisfied with good when we can be great. It is easy to get caught up in the drudgery of life and routine, but big goals require big change. It means accepting the unknown, being scared and being able to step outside our comfort zones. At the end of the day, we may fail, but we will know that we tried. At the very least, we will not be bored, which in my book is the worst way to spend a life.


Here’s a video by Dan Sullivan on the effects of 10X thinking to get your blood pumping.


Before You Sell - Consider This In Your Succession Plan
By John Novachis 12 May, 2022
In his latest blog, John Novachis, EVP at Investment Planning Counsel sheds light on emerging trends catching the attention of Advisors, but are these the right choice when considering your succession plan?
Part 2: The Next Big Thing
By Chris Reynolds 16 Mar, 2022
The industry has a $400 billion dollar problem. Here's what we can do to prepare.
Valuating your book of business
By John Novachis 07 Dec, 2020
When speaking with independent financial advisors, I'm often asked “what is my business worth and how can I make it MORE valuable?” The issue with most valuation methods is that no single approach is 100% correct. Many involve making assumptions that can each impact many “sensitive" variables. In my simple world, the value of any business or transaction for that matter is what a seller and buyer agree is a fair price. To reach an agreement on a fair price, both parties need to see value in the deal.
Share by: