7-Second Thoughts September 30, 2024

Big ideas require big resistance

The resistance to your offer should be big enough to make you question if you “really have the stomach for this.

If your big idea is truly worth yours and your prospect’s time, money and effort

Resistance should be on the high

To very high side

For example:

If you want to offer financial advising to physicians

Ask your potential new market:

How much they save every month

Why they haven’t saved more

How much debt do they have

What’s their tolerance for risk

How much time do they spend on their finances?

Do they trust financial advisors?

Would they like to schedule a free phone call?

And on a scale of 1-10, how confident are they that they can make sound financial decisions?

The answers to which are overwhelmingly:

10%, time, a lot, zero, almost none, not at all, not on your life, and 0

Because in this case

The problem that causes doctors the most headaches

That they’d pay the most money to get rid of

Isn’t money

It’s shame

That as highly educated, undeniably intelligent human beings

Ranked in the top 1% of earnings by profession

They save very little

And don’t want to be judged

And certainly not by a financial advisor

Save for the financial advisor who pauses momentarily

Takes in the seemingly bad news

Just long enough

To roll up her sleeves.

I’m here,

Kevin

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