Financial Advisor Marketing Podcast

He Lost 50% Of His Business In A Year...


Listen Later

A few years ago, a legendary marketer (who will remain anonymous to protect the guilty) launched a membership site for $97 a month. Within a year, he scaled his business to more than 1200 paying monthly members. 

But you know what?

He lost more than 50% of his business! Today, he has fewer than 600 members. 

Why?

Well, he made two business-sinking mistakes that I also see financial advisors making in their own businesses too. 

In today’s episode, I share this cautionary tale with you, reveal the two massive mistakes he made that resulted in losing more than 50% of his business, and explain how you can avoid these mistakes in your financial advice business. 

Listen now.

Show highlights include:

  • 2 big mistakes you must avoid in business if you want to attract and retain clients (0:33) 
  • The tragic story about how a marketing legend lost 50% of his business in a year (and how to avoid the same fate with your business) (1:53) 
  • Why even the best marketing assets won’t mean diddly if your financial advice business lacks this… (6:28) 
  • A few ways to deliver ongoing value to your clients that prevents them from leaving you for a competitor (7:56) 
  • The weird way charging more for your services helps your clients even more than it helps your bank account (9:37) 

Since you listen to this podcast, I want to give you a gift: 

If you subscribe to the Inner Circle Newsletter, I’ll send you a collection of seven “objection busting” and copyright free emails, personally written by me, that you can use right away to begin getting more clients. Sign up here: https://TheAdvisorCoach.com/Coaching. Then, let me know you subscribed, and I will reply back with a link where you can download them for free. 

...more
View all episodesView all episodes
Download on the App Store

Financial Advisor Marketing PodcastBy James Pollard

  • 3.6
  • 3.6
  • 3.6
  • 3.6
  • 3.6

3.6

92 ratings


More shows like Financial Advisor Marketing Podcast

View all
Money Guy Show by Brian Preston and Bo Hanson

Money Guy Show

3,194 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

415 Listeners

The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

The Perfect RIA

455 Listeners

Small Business Tax Savings Podcast by Mike Jesowshek, CPA

Small Business Tax Savings Podcast

249 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

240 Listeners

Barron's Advisor by Barron's Advisor

Barron's Advisor

108 Listeners

Ask The Compound by The Compound

Ask The Compound

312 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

137 Listeners

Top Advisor Podcast by Bill Cates

Top Advisor Podcast

35 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

125 Listeners

Becoming An Elite Financial Advisor With Sten Morgan by Sten Morgan

Becoming An Elite Financial Advisor With Sten Morgan

91 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

745 Listeners

Facts vs Feelings with Ryan Detrick & Sonu Varghese by Carson Investment Research

Facts vs Feelings with Ryan Detrick & Sonu Varghese

45 Listeners

The Great Retirement Debate with Ed Slott & Jeffrey Levine by The Great Retirement Debate with Ed Slott & Jeffrey Levine

The Great Retirement Debate with Ed Slott & Jeffrey Levine

140 Listeners

Advisor Marketing Made Simple by Taylor Schulte and Kendra Wright

Advisor Marketing Made Simple

19 Listeners