Oct 31 2024 19 mins 1
Hello and welcome to The Magellan Network Show. It’s the start of November! As we prep for the upcoming Magellan Vision Process, I want to discuss tracking key metrics or KPIs.
There’s a saying: “What gets measured matters.” Yet surprisingly, 80–90% of advisors don’t fully understand their essential business metrics. Why don’t more advisors track what matters? Often, it’s because they don’t see the importance, lack a reliable system, or rely too heavily on reports from their firms.
In this episode, I discussed the following:
(03:37) The two types of metrics
(07:34) How focusing on the right data can double your results
(10:50) Why ignoring profitability can be a costly mistake for advisors
(12:24) The numbers that advisors need to know about their business
(13:30) The importance of knowing where your opportunity flow comes from
—
It’s that time of year! The upcoming Magellan Vision 10x 2025 Strategic Planning Program is a one-of-a-kind, live-streamed masterclass. We’re the only coaching firm offering this comprehensive experience, so don’t miss your chance to join us. Visit FAbizplan.com to register now!
—
The Magellan Academy & Network
The rules and tools for success in the financial services industry are about to change radically.
I have spent over 25 years coaching only financial advisors. In that time, I have personally conducted over 50,000 individual coaching sessions. I have built a profound knowledge base of what it takes to achieve lifelong success in business and life.
Many of you probably paid thousands of dollars to various coaching programs with very mixed results. In most cases, it’s about the coach, their ego, and their money. They base their program on “practice management” or “marketing”. What they all fail to do is help you make that “mindset” shift that must happen for you to realize your dreams and vision.
I am going to coach you, teach you, inspire you, and train you all on your mobile device every business day. You are going to get better at business development, practice management, personal development, and your vision.
Here is what you are going to get from me each month:
- A 5-10 minute morning coach video each business day.
- 3 training videos of 20-30 minutes each. This will be a deep dive into the four areas I mentioned above.
- A live group coaching session where you and I can interact and work together.
Here is what you can do each month:
- Post a question to me and I will answer it.
- Collaborate and associate with like-minded advisors.
- Invite other great advisors into the network.
Your Bottom Line:
Here is the deal. I am not going to ask you for a credit card. As I said before, coaching is personality driven. You might not like my style or tactics. So with that in mind here is my offer to you. Complete the short form below. You will receive an email with detailed instructions on how to join the network for the next 14 days. I personally approve each submission so this might take a few hours or a day at the most. I will not ask for compensation of any kind during that 14 days.
If after experiencing my work for 30 days you believe that I can help you, here is the deal. To remain in Magellan Network and have access to Magellan Academy, your daily investment in yourself will only be about the price of a Latte these days. One more thing, it’s a month-to-month deal. I’m not going to lock you into anything.
Take action now and complete the short form below and I look forward to welcoming you personally inside the Magellan Network.
► Subscribe to our channel here: https://www.youtube.com/user/CoachJoeLukacs?sub_confirmation=1
Facebook: https://www.facebook.com/coachjoe.guru/
Instagram: https://www.instagram.com/coach_joe_guru/
LinkedIn: https://www.linkedin.com/in/coachjoelukacs/
Website: https://www.magellannetwork.net/
Soundcloud: https://soundcloud.com/themagellannetwork
Twitter: https://twitter.com/CoachJoeLukacs__
#TheMagellanNetwork #CoachJoeLukacs #FinancialCoaching
There’s a saying: “What gets measured matters.” Yet surprisingly, 80–90% of advisors don’t fully understand their essential business metrics. Why don’t more advisors track what matters? Often, it’s because they don’t see the importance, lack a reliable system, or rely too heavily on reports from their firms.
In this episode, I discussed the following:
(03:37) The two types of metrics
(07:34) How focusing on the right data can double your results
(10:50) Why ignoring profitability can be a costly mistake for advisors
(12:24) The numbers that advisors need to know about their business
(13:30) The importance of knowing where your opportunity flow comes from
—
It’s that time of year! The upcoming Magellan Vision 10x 2025 Strategic Planning Program is a one-of-a-kind, live-streamed masterclass. We’re the only coaching firm offering this comprehensive experience, so don’t miss your chance to join us. Visit FAbizplan.com to register now!
—
The Magellan Academy & Network
The rules and tools for success in the financial services industry are about to change radically.
I have spent over 25 years coaching only financial advisors. In that time, I have personally conducted over 50,000 individual coaching sessions. I have built a profound knowledge base of what it takes to achieve lifelong success in business and life.
Many of you probably paid thousands of dollars to various coaching programs with very mixed results. In most cases, it’s about the coach, their ego, and their money. They base their program on “practice management” or “marketing”. What they all fail to do is help you make that “mindset” shift that must happen for you to realize your dreams and vision.
I am going to coach you, teach you, inspire you, and train you all on your mobile device every business day. You are going to get better at business development, practice management, personal development, and your vision.
Here is what you are going to get from me each month:
- A 5-10 minute morning coach video each business day.
- 3 training videos of 20-30 minutes each. This will be a deep dive into the four areas I mentioned above.
- A live group coaching session where you and I can interact and work together.
Here is what you can do each month:
- Post a question to me and I will answer it.
- Collaborate and associate with like-minded advisors.
- Invite other great advisors into the network.
Your Bottom Line:
Here is the deal. I am not going to ask you for a credit card. As I said before, coaching is personality driven. You might not like my style or tactics. So with that in mind here is my offer to you. Complete the short form below. You will receive an email with detailed instructions on how to join the network for the next 14 days. I personally approve each submission so this might take a few hours or a day at the most. I will not ask for compensation of any kind during that 14 days.
If after experiencing my work for 30 days you believe that I can help you, here is the deal. To remain in Magellan Network and have access to Magellan Academy, your daily investment in yourself will only be about the price of a Latte these days. One more thing, it’s a month-to-month deal. I’m not going to lock you into anything.
Take action now and complete the short form below and I look forward to welcoming you personally inside the Magellan Network.
► Subscribe to our channel here: https://www.youtube.com/user/CoachJoeLukacs?sub_confirmation=1
Facebook: https://www.facebook.com/coachjoe.guru/
Instagram: https://www.instagram.com/coach_joe_guru/
LinkedIn: https://www.linkedin.com/in/coachjoelukacs/
Website: https://www.magellannetwork.net/
Soundcloud: https://soundcloud.com/themagellannetwork
Twitter: https://twitter.com/CoachJoeLukacs__
#TheMagellanNetwork #CoachJoeLukacs #FinancialCoaching
