In this episode of the Wealth Craft Podcast, Ryan Burklo and Rob Bukacek discuss the good and bad habits that financial advisors develop throughout their careers. They emphasize the importance of support from spouses, the challenges of maintaining consistency in prospecting, and the necessity of having a structured approach to work. The conversation also touches on the significance of authenticity in communication and the value of asking for help from peers. Ultimately, they conclude that overcoming bad habits is an ongoing process that requires accountability and a willingness to learn.

Checks us out on Instagram: https://www.instagram.com/wealthcraft_podcast/

Check us out on YouTube: https://www.youtube.com/@WealthCraftPodcast

Takeaways

Support from spouses is crucial for success in the financial industry. Living beyond one's means can lead to financial difficulties. Consistency in prospecting is a common struggle for many advisors. Learning through experience is essential in developing good habits. Cold calling can be daunting, but finding a partner can help. Asking for help and sharing knowledge is vital in the industry. Authenticity in communication is more effective than scripted lines. Having a structured approach to work can improve productivity. Accountability can motivate individuals to stick to their goals. Kicking bad habits is a never-ending process that requires effort. 

Chapters

00:00 Introduction and Awkwardness 01:31 Good and Bad Habits in the Industry 03:09 The Importance of Spousal Support 04:54 Financial Habits and Lifestyle Choices 06:09 The Struggle of Consistency in Prospecting 09:14 Learning Through Experience 11:31 The Challenge of Cold Calling 17:28 Finding the Right Partnership 21:32 Asking for Help and Sharing Knowledge 23:19 Authenticity in Communication 27:44 The Role of Structure and Accountability 32:31 Conclusion: The Ongoing Battle of Habits