Behavior Gap Radio

I am on a trip, a business trip to India. On my way, I had a all day layover in Singapore. I left the airport and went to visit some of the communities in the city on a recommendation from a good friend of mine. I went and visited what was referred to as the Arab Quarter, Chinatown and Little India. In the Little India, I had an amazing conversation outside a Hindu temple. I don't know much about the Hindu religion, but I was blown away by the warmth, and energy, and light at the Hindu temple. It was described to me as a Southern India Hindu temple. Again, I'm not exactly sure what that means exactly, but that was how it was described to me. I went in and I was just blown away by the energy there and all the things going on. It was amazing. I was trying to figure it out and super curious.

This is a field report, if you will. I am on a trip to India, a work trip so none of my family came along with me, and I'm here as a guest of some really incredible people doing some amazing work in the financial services industry, speaking broadly. This trip has reminded me of what I've learned, I don't know if it's a hundred times, but maybe it's more than a hundred times over the last couple of years. I'm reminded of it in New Zealand, and I'm reminded of it in Australia, and I've been reminded all over Europe and South Africa, and that is that real financial advisors are struggling with the same things all over the world, and also enjoying the same huge, massive opportunity with the changes that are going on in our industry.

In Defense Of Luck by Carl Richards: Human Behavior, Creativity, Behavioral Finance

This is the conclusion of my series on Below the Waterline. I just want to wrap up by telling you how important you are and how important the work you're doing is to the world. We cannot afford to lose anymore of you to anxiety, burnout or even worse as we've seen in our industry. I've got too many friends that the sort of stress and pressure of this job has caused them too many problems, and we can't have it anymore, and it just involves below the waterline.

Greetings this is Carl. You are listening to Behavior Gap Radio. This is episode five of a series I’m doing on Below the Waterline Activities. If you have not listened to episode one, the introduction to this series, please go listen to it now so I don’t have to rehash a bunch of material. It will be worth your time. Go listen to it.

The short version is, I’ve appointed myself vice President of unspeakable things to talk about some really important things that we need to address in our industry so that we can lower advisor burnout. So that you will be around mainly for the benefit of your clients, for the benefit of you too because I care about you, but I really care about those people you serve. They need you around. If you’re going to be dealing with this sort of level of unknown and anxiety that’s almost like just part of our jobs, you’ve got to do some things that we never talk about in our industry, and I’m talking about it. We’re to the fifth one, and it’s sort of just emotional/mental preparation.

At the behest of many of you, I am going to keep talking about Below the Waterline. I've sort of appointed myself as Vice President of Unspeakable Things and I'm going to talk about unspeakable things mainly for the benefit of myself but also for the benefit of you, because guess what, mainly for the benefit of your clients actually is what I meant. We need you around. The world needs you around. The burnout rate in the industry of financial advisors is way too high and we've got to stop that and we need you around; you're too valuable. That's why we're doing this. Today's episode is around diet.

Work Hard, Rest Hard by Carl Richards: Human Behavior, Creativity, Behavioral Finance

The Client's Goals by Carl Richards: Human Behavior, Creativity, Behavioral Finance

This is episode three in a series on what I am calling Below the Water Line Issues. As financial advisors, the things we need to be doing to allow us to have a healthy, productive and long career. Part of our job is dealing with other people's anxiety and if we're not doing these things that lie below the water line, they're the ones we never talk about because they're unspeakable ... I have appointed myself vice president of unspeakable things, so we're talking about them here. This episode is on sleep and this one is probably the one that I struggle the most with, so I'm going to be walking you through the wisdom of other people, the things I've learned from other people.

This is Episode 2 in a series on Below the Water Line, we're calling it, on the things that you can do to increase your ability to deal with the stress, and the anxiety that comes from being a real financial advisor, or that can come. I should say it that way, right, that can come from being a real financial advisor. Please go back and listen to Episode 1 if you haven't already. It's an important, it's important for you to understand and I don't want to rehash it here, other than to say that I've appointed myself vice president of unspeakable things, and we're going to talk about some of them and we're going to get really specific.