The Gap Between Intention and Execution
Some Advisors spend their entire careers practicing, yet they never become “Masters”.
I’ve rarely met a novice Advisor that does not have big intentions. As a matter of fact, I would say that ours is an industry that tend to attract big dreamers.
The day to day toil of this business, especially in the early years can certainly weaken these big dreamers. Those hefty ambitions and innovative new techniques slowly recede and can get lost in the grind.
One of the most daunting challenges lies around an Advisor’s ability to create formidable strategies that are achievable and their ability to effectively execute to attain small but meaningful milestones to make success a possibility.
The Ideal Scenario - Well Executed Intentions
Measurable mess from the inception should be an acceptable approach.
Inadequacy and frustration is a common occurrence when the dreamer Advisors chase after ill conceived strategies, some routinely based on the perceived easy success of another Advisor’s strategy without fulling understanding the inner workings of the other Advisors approach.