Best Business Wisdom from the Web: January 2017

Wisdom from the Web

A new year and the chance to shake up your business and start moving in the right direction for success. For our FP Advance social media channels we hunt down content that is indispensable, eye-opening and thought-provoking, sharing links from some of the best and brightest in the business world.

Here are some of our most popular finds. Well worth a clicking on:

1. Fund expenses don’t matter? Not so fast.

Allan S. Roth

This is an article refuting a very shoddy piece that claimed active funds beat low-cost passive funds most of the time.

This is worth a read to see the sort of propaganda that the active sector still seems able to get published. The magazine in question hasn’t retracted it. This is how unscrupulous advisers convince clients that “it must be true” because it appeared in an industry publication. Makes me ill.

Allan Roth at Financial Planning does a great job of exposing this shite. Worth a read if only to get your blood boiling.

2. Google HR boss explains the only 2 ways to keep your best people from quitting

Jenna Goudreau

Here’s a short and sharp piece from Google’s HR boss on the two things that truly keep staff (and it’s not what you think).

The good news is, most Financial Planning firms can offer these in spades with only a little bit of effort. Read on.

3. Motivation: The Scientific Guide on How to Get and Stay Motivated

James Clear

Ever feel a little less than motivated? It’s not really socially acceptable to admit that one is it. For the absolute lowdown on how motivation works, check out this piece from James Clear. I loved it.

4. How to Deliver Difficult Feedback to People

Bel Booker

If you find the idea of providing feedback to your team less than exciting then please, please, please read this article from Eventbrite.

It’s brilliant.

5. Growing an Advisory Business in a Rapidly Changing Industry

Angie Herbers 

Herbers says the dynamics of the advisory business are changing, and you need to change with it. Instead of adding a lot of services, make your service model and pricing structure dead simple to understand. Create a communications program that gives clients and prospects a very consistent message.

More great tips and practical advice await you in this piece from Think Advisor.

“5 brilliant bits of wisdom from the best and brightest in the business world.”

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