A Newsletter for the Friends and Clients of Turning Point, Inc. February 2008, v.1


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PRACTICE MANAGEMENT News You Can Use
This issue's article is by Joseph J. Lukacs, Business Coach and the founder of International Performance Group LLC., a professional business coaching company delivering customized coaching and training.

"Your Daily Game Plan" (part Six)
(from Chapter three of his new book, Practice Power - 12 Steps to Take your Business to the Next Level, reprinted by permission)
by Joseph Lukacs
 
The Key Elements of Your Daily Game Plan
Step #8: Eat properly, be consistent, and choose your projects carefully. These are a few components I want you to include as part of your daily game plan:
 
  1. Eat like an athlete. I am not a nutritionist, and you can re search this on your own, but you need to start thinking like an athlete. This means that from this point on McDonald’s is out for lunch. No more double cheeseburgers, large fries and a shake. Most people, when I track their productivity throughout the day, always seem to fall apart a little bit in the afternoon and usually it’s because of lunch. So I need you to make sure you balance yourself nutritionally, and do a good job there. It is absolutely crucial.
  2. Become consistent. Think about this: If Monday is a great day and Tuesday is okay, Wednesday is very good and Thursday is poor and Friday is just average, well you probably have an average production week. If you think about that for a second – you had one great day, two okay days, and probably two where you could have done more. It’s very important that you aim for overall consistency and that means you have to make sure your daily game plan includes doing things consistently throughout with energy.
 
Be careful about, what I call, campaigns or projects. Sometimes campaigns and projects are hard to get started, and, quite frankly, become overwhelming. When this happens, they are often put on hold and never completed. Think about this. How many times in your career have you thought about starting a project or a campaign and then you got so busy with other tasks you said, I really can’t do that right now. Or worse, it can be so successful that you never go back and make the campaign or project part of your regular business practice. For example, let’s say you did a referral campaign and got five or six names. That’s wonderful, when is the last time you did it? Last year, but you haven’t had the time to do it since?
 
Step #9: Identify the times you have been at your best. What made you perform at your best? When you had a good run, a real good stretch business-wise, what gave you that stretch? What were you doing?
 
You need to identify those times, then match your most difficult task with your highest energy periods, depending on whether you are a morning, afternoon, or evening person. The least productive time on average, as I said earlier is probably mid-afternoon for most people and that is usually because of lunch. Perhaps that’s a good time to do your administrative work.
 
The most important part of your day should be early morning, a time when you plan your day, go over your goals and business plans, and get ready to have an excellent day. In addition, what I find is that doing your marketing and client service calls as early in the day as possible is best.
 
I prefer marketing in the morning, because we have more control of our mornings than we do over our afternoons. Let’s say that by midday everything gets a little crazy. Because you got things done early in the day, you can handle it. It’s nice to know that if the rest of the day gets a little out of control, you can still end up with a very, very productive day because you accomplished what you needed to earlier on. Again, to me that is extremely important.
 
A Step at a Time
I once asked a very successful client of mine who has been in this industry for 35 years if he could define what it takes to be successful? This was his response, “Great careers are nothing more than a compilation of great years. Great years are nothing more than a compilation of great quarters. Great quarters are nothing more than a compilation of great months. Great months are nothing more than a compilation of great weeks. Great weeks are nothing more than a compilation of great days. Great days are nothing more than a compilation of great mornings and great afternoons.”

More in our next issue!________________________________________________________________________
Author's note: Joseph J. Lukacs, Business Coach, is the founder of International Performance Group LLC., a professional business coaching company delivering customized coaching and training, by telephone, to financial and insurance professionals. International Performance Group LLC. is based in Melbourne, Florida. Joseph can be reached at 321-255-2889, by e-mail to JJL@jpginc.net, or visit our Web site: http://www.jpginc.net
________________________________________________________________________
 
                        This Month's Registered Rep Opportunity

This B/D provides their Representatives with a truly independent and entrepreneurial environment that supports a diverse variety of investment styles and specialties. Whether you are a traditional stock-broker, a fee-only planner or an alternative investment specialist, you will experience an equal appreciation of your business plan and professional colleagues willing to share their ideas and expertise.

If you prefer to focus on your own personal production you may choose to affiliate with a home office OSJ. This B/D will support their OSJs that are interested in growing their branch with marketing and recruiting materials as well as leads on qualified representatives developed by their Business Development Group.

More Choices of Investment Products
No matter what your specific area of interest, this B/D offers thier Representatives a comprehensive menu of non-proprietary investment products as well as specialization in a variety of alternative product offerings, including 1031, Oil & Gas and REITS, to meet all your clients individual needs.
* Stocks
* Bonds
* Mutual Funds
* Variable Annuities
* Variable Universal Life Insurance
* Third-party Managed Accounts
* REITS
* Direct Participation Programs
* Tenant in Common properties / 1031s
* Traditional Life and Annuities
* Managed Futures

Transition Support
Using the latest technology and a dedicated support team, they will make your transition as smooth and stress-free as possible. Their Transition Specialist will provide you with a written transition manual and personally guide you through the process. They even have some fantastic new technology to simplify and automate the paperwork

Trading Support
Representatives are provided with the latest in trading technology from our clearing partners. You can access quotes, research, and trade online. Even your clients can be equipped to view or trade their accounts online.

Marketing and Sales Support
Their marketing department will provide you with proven ideas to help you increase your business. Pre-approved seminars and advertisements are posted on their rep only Web site. Weekly e-mails and newsletters with inform you of new product offerings and provide their own internal due diligence. New sales ideas and best practices are highlighted during numerous regional conferences and an annual National Convention.

If you know anyone who would be interested in this or other rep opportunities, please have them contact Jason at 727-725-8876!

Turning Point, Inc.
405 2nd Street South
Suite A
Safety Harbor, FL 34695
(727) 725-8876
(727) 669-8263 (fx)
www.TPISearch.com
tpi@TPISearch.com

Here are some additional opportunities from Turning Point, Inc.:

For a FREE "Guide to Moving Your Book", please visit: www.goingindependent.net.

WEALTH ADVISOR INSTITUTE
Consider membership in the Wealth Advisor Institute, www.wealthai.com.  Educational opportunities, professionalism, research, networking and GROUP BENEFIT PROGRAMS are all part of your membership in this organization catering to the advisor with a focus on the high net worth marketplace and collaborating with other professionals.
 
TURNING POINT in the MEDIA!
Turning Point's President, Mitch Vigeveno, was recently quoted in Sydney LeBlanc's new article for Broker Dealer Magazine, "One Recruiter's Rules for Hiring and Retaining." Click here to see the article.

TURNING POINT PARTNERS:
Are you getting the most out of your business?  Are you operating at peak efficiency?  How about your marketing, your compliance,  or your HR?  We have some friends who can help you out.  Just visit our Partners section in our website for links to a variety of services that are helpful to building your business!

Quote of the Day:
"Every moment of one's existence one is growing into more or retreating into less."
Norman Mailer (1923 - 2007)
  
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