Darren Fadden
Archives
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • October 2021
  • September 2021
  • August 2021
  • June 2021
  • May 2021
  • January 2021
Categories
  • Beauty
  • Business & Finance
  • Celebrity
  • Education
  • Fashion
  • Fitness
  • Health
  • Health
  • HealthTech
  • Law
  • Lifestyle
  • Net Worth
  • News
  • Politics
  • Tech & Gadget
  • Travel
  • Uncategorized
  • World
Meta
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
Darren Fadden
  • Home
  • Business & Finance
  • Fashion
  • Beauty
  • Lifestyle
  • Health
  • News
  • Tech & Gadget
  • Business & Finance

Barry Bulakites on Why Every Financial Advisor Needs a Unique Selling Proposition

  • March 29, 2022
  • Darren
Financial Advisor
Total
6
Shares
0
0
6

First Impressions Count, So Lead with Your Value Proposition

Barry Bulakites

Every financial advisor needs an elevator pitch, nationally renowned IRA expert Barry Bulakites advises.

An elevator pitch is a professional introduction that can be made in the time two riders might have for a conversation in an elevator. That’s about 30 seconds.

In that 30 seconds, financial advisors need to impress their prospects with who they are and what they do and make them ask for further action.

Financial advisors need to get past: ”Hello, my name is” to “Here is my unique value proposition,: what they can uniquely provide for the prospect’s financial security and growth, and, depending on the age of the prospect, leaving a card or sharing their digits on the spot.

The challenge is knowing how to communicate a unique value proposition to an eager client in less time than it takes to log on to your computer.

Barry Bulakites has three suggestions. for defining your unique value proposition with a follow-up.

Share what you have brought to the industry

Barry Bulakites has brought financial awareness to millions of people. Barry has hammered home his message to readers and viewers of CNBC, USA Today, Forbes, The Washington Post, The New York Times, The Motley Fool, Time, and Money -that everyone deserves to enjoy their golden years and that the right IRA products are the way to build a financially secure retirement.

But you don’t have to have a high public profile to have a track record of bringing financial success to people served by the financial planning industry. Are you a licensed investment counselor? Say so! Are you a CPA, an attorney, or enrolled to practice before the IRS? Let your prospective client know. Summarize your expertise in 10 words or less, preferably less.

Define your niche

The public-facing work of Barry Bulakites has focused on retirement planning. By sharing his expertise in retirement planning over and over again in the same outlets, he has become recognized as an expert in his niche.

Every investment advisor has a niche. The best investment of your time is seeking clients who benefit from your specialized expertise.

Some investment advisors specialize in the continuation of wealth in the form of family assets. Others advise tech-savvy investors. Others work with affinity groups, or with traditional investors.

There are some investors who are a better fit with your services than others. Define your niche so you can meet your match.

Know How You Uniquely Serve Your Target Audience, Barry Bulakites Says

It’s not enough to know the niche in which you will sell your products, Barry Bulakites says. You also need to be able to articulate what you do that uniquely serves that niche.

Maybe your firm serves veterans. Or serial entrepreneurs. Or women in transition. Know what you do that your target audience cannot find at another firm.

Get feedback

No matter how slick you make your 30-second presentation, you can always benefit from knowing how other people react to it. Record your presentation, and get a pro to listen to it. Consider their suggestions for changes. Then make a habit of leaving an extra few seconds in your presentation for feedback from your prospects after they hear you out.

Total
6
Shares
Share 0
Tweet 0
Pin it 6
Related Topics
  • Financial Advisor
Darren

Previous Article
Is Known as an LV Bag for Everyone?
  • Fashion

Is Known as an LV Bag for Everyone?

  • March 26, 2022
  • Darren
View Post
Next Article
House Flipping
  • Business & Finance
  • Lifestyle

Leading Entrepreneur Peter Bowen Offers Advice on How to Avoid House Flipping Risks in 2022

  • March 29, 2022
  • Darren
View Post
You May Also Like
Process Analysis
View Post
  • Business & Finance

Rodrigo Alonso Salas Musso Explains Manufacturing Process Analysis

  • Darren
  • March 14, 2023
Part-Time CFOs
View Post
  • Business & Finance

Financial Expert David Johnston Explains Benefits of Part-Time CFOs for Smaller Biotechs

  • Darren
  • March 7, 2023
Professional Networking
View Post
  • Business & Finance

ISFP Explains Why Professional Networking Can be Harder for Women Than Men

  • Darren
  • January 31, 2023
Corporate Law
View Post
  • Business & Finance
  • Law

Corporate Law: The Basic Principles

  • Darren
  • October 15, 2022
San Francisco has long been thought of as a town a bit too far left of left. As James Hurysz and others remember, it’s had a long history of being liberal, free-flowing, and far less conservative than other locales. However, it’s also been a city of change, being the birthplace of the tech boom as well as the ancestral home of some of the most prolific and influential writers and artists in the 1960s and 1970s. Unfortunately, today, San Francisco is leaning so far off track, it has now triggered just as much of a hard reaction by pushing back. James Hurysz reflects on the same view as others on the outside; the city’s government has embraced the idea of non-enforcement to the point that homelessness, drugs, and crime have made the city unlivable for regular people and businesses. And that has pushed businesses to the point of something that is fundamental to American independence: a tax revolt. The frustration and anger of businesses in San Francisco aren’t restricted just to the City by the Bay, from what James Hurysz sees online. It’s been happening across the country in other locations with a similar attitude towards social leniency. Unfortunately, too much leniency has come with too much of a cost. Businesses are constantly being robbed or vandalized, customers threatened, and sidewalks soiled badly on a daily basis. Yet, when business owners beg the municipality for help and law enforcement, the most liberal cities have taken a “hands-off” approach. As a result, many businesses have gotten to the point where they are closing, leaving, and failing. Those ventures that have survived to date are drawing a line in the sand, refusing to pay any more in business taxes to get their cities’ attention. James Hurysz is not surprised or shocked. Cities are no different than any other organic development, argues James Hurysz. They thrive best with a balance. Clearly, the zenith of conservatism is a police state run by corporations, and the extreme opposite is what is happening in San Francisco. Neither are healthy or long-lasting. Ideally, a healthy city is one that finds a balance between social liberalism and protecting its business community so that income generation can help long-term growth and support the city’s programs. When, however, municipalities treat their businesses like cash cows, only good for income and no protection at all. Then, at some point, James Hurysz notes even the most giving of companies have a breaking point. That is what is happening in San Francisco with its small business tax revolt. The sentiments today are no different from those of the colonists during the Boston Tea Party. At a certain point, the colonists under the abuse of England using them as a tax coffer got sick of their treatment. And they pushed back. While no one expects San Francisco to be the start of the next American Revolution, the aspect of government delegitimizing itself still exists. And if those in local government don’t pay attention, they will find their entire system being fundamentally changed again from the ground up. Balance protects all elements, social and business. Protect the balance and everyone grows within limits. Ignore it, and change comes quickly and chaotically
View Post
  • Business & Finance

The Conflict between Business Protection and Social Welfare When Both are Ignored

  • Darren
  • September 15, 2022
Beautiful Homes to buy
View Post
  • Business & Finance
  • Lifestyle

Miami’s David Martin Talks Amenities: What Terra Group Does to Make Its Residences More Attractive to Buyers 

  • Darren
  • September 5, 2022
Third Culture Bakery
View Post
  • Business & Finance

How Third Culture Bakery Has Served The Community

  • Darren
  • August 18, 2022
5 Lessons for Young Entrepreneurs
View Post
  • Business & Finance

John Douglas Steuart Discloses 5 Lessons for Young Entrepreneurs

  • Darren
  • August 15, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts
  • Jobs and Career in GermanyJob and Career in Germany – why is it worth it?
    March 16, 2023
  • Process AnalysisRodrigo Alonso Salas Musso Explains Manufacturing Process Analysis
    March 14, 2023
  • ow Hormonal Imbalance CDr. Adarsh Jha Explains How Hormonal Imbalance Can Affect Your Health
    March 9, 2023
  • Part-Time CFOsFinancial Expert David Johnston Explains Benefits of Part-Time CFOs for Smaller Biotechs
    March 7, 2023
  • NATOStephen Maranian Discusses the Impact of Adding Sweden and Finland to the NATO Alliance
    March 4, 2023
Darren Fadden
  • About Me
  • Contact Us
  • Privacy Policy
  • Advertise
Darren's Blog of News

Input your search keywords and press Enter.