Don’t Be Fooled By The Illusion of Zero Effort
Matthew Jarvis, CFP®, shares a simple secret to success that most advisors avoid in their firms: the power of repetition.
4.5 min read
My name is Matthew Jarvis. What brings you to this event?
No, no. I didn’t say it right. Let’s try again.
My name is Matthew Jarvis. What brings you to this event?
That’s better. Let’s try one more time. One more time, and I’ll get out of the car, take a deep breath and walk through those front doors.
I’ll make eye contact with someone just inside, shake their hand, and introduce myself. I’ll smile, and they’ll smile back. I’ve got this.
Early in my career, I used to sit in my car in the parking lot of networking events, too nervous about going in. My hands would get sweaty. I’d feel nauseous, but I had to do this.
I had to go inside and connect with other professionals, even though it terrified me. I spent my teenage years looking at my shoes as I walked to my next class, praying no one would make eye contact with me. I had no natural charisma; I wasn’t funny.
I’d sit in my car and not much older, building the courage to meet people who could benefit from my services. I had to talk to people to develop my career; there was no way around it. If I wanted any level of success, I had to get better at my social interactions.
So, I’d sit in the front seat and practice introducing myself repeatedly until it started to feel natural. I visualized the interactions going well and saw myself engaged in the conversation.
People would see me having an animated conversation with my steering wheel and gawk. I’m sure they thought I was crazy. I thought I was crazy. But I had to do this. I had to practice so that the words wouldn’t get stuck in my throat the instant someone made eye contact with me.
The illusion of zero effort
We get sucked into the illusion that just because someone makes a task look easy, it must be easy. But no one can dunk like Michael Jordan or golf like Tiger Woods the first time (or even the hundredth time) they step on the court or pick up a club.
These guys are masters of their craft because they were doing repetitions and intentionally honed their skills while the average person wastes four hours each day in front of a television screen.
I learned pretty early in my career that there are some things you just can’t cut corners on. Comedians spend countless hours practicing their timing to land their jokes flawlessly. There aren’t any hacks to becoming more charismatic or delivering the perfect punchline.
Working with clients is no different.
Everything from how you walk into a meeting, where you sit, how you hold your pen, and how your paper is positioned matters. These finer details may seem trivial to up-and-coming advisors, but rockstars in the industry understand that the devil is in the details.
Rockstars practice these things until they can effortlessly greet clients, arrange their papers, grip their pens, and seamlessly navigate essential conversations.
Too many armchair experts in the industry are hawking seductive and trendy new ideas that simply don’t work in the real world.
New brochures, a fancy website, or a new-and-improved software platform with 745 new features won’t seal the deal and bring in clients for advisors chasing shiny promises instead of doing the hard, heavy work that success demands.
It blows up whenever I try to run from the brutal, repetitious work. There isn’t a new hack or shortcut that can make up for the reps you’re avoiding in your business.
Reps that drive success
Never have I woken up in the morning eager to visualize all my minutes or practice my entire presentation—out loud—for the fifth time. I don’t rise and shine, excited to read my affirmations scrawled across post-it notes on the bathroom mirror or go through my networking script.
These repetitions are never exciting, flashy, or fun. It’s boring. And I dread doing the work. But all of these unpleasant, behind-the-scenes activities are what drive success.
Those willing to do one more rep, one more affirmation, one more prayer, and one more visualization are the ones who stand apart from the rest.
We meet advisors all the time who are stagnant in their practices. Do you know what’s holding them back?
None of them are reading books.
None of them consistently listen to podcasts (like ours).
None of them have a morning success ritual.
None of them read affirmations or practice visualizations.
None of them are practicing their scripts.
What are they spending their time on? Well, all of them have alerts on their devices, get sucked into playing office, and are wasting their time chasing the flashy newest marketing gimmick that will drain their bank account instead of adding to it.
Every single stagnant advisor we meet is actively engaged in activities that destroy productivity instead of being anxiously engaged in the activities that boost it.
The repetitions you must make to move the needle aren’t complicated. They’re simple. But it is tedious, and it will be uncomfortable.
The question is, do you have the willpower to do one more rep?
Popular Topics
Value Adds
If you are routinely providing clients with value adds in a consistent, efficient, and deliverable
Secrets To Surging – What Other FA’s Don’t Tell You About Surging
Surge meetings happen with the Financial Advisors systematically holding client meetings in
Let’s Take a Look At Your ADV
Before giving someone else advice about their practice, make sure you’re not the one speaking out
3 Tips For Your Next Surge
Some advisors can deliver 4x more value in a single day than others deliver in a week. Here are
Like Coke from a Coffee Mug: Run Your Best Client Meeting
Client meetings can be a dreaded part of a routine or you and your clients’ favorite part of your
What You Should
READ NEXT
No One Cares About Your Economic Commentary
Your clients would be better off basing their financial decisions on their horoscope than your economic commentary. Here’s how to address market concerns with your clients.
So What, Exactly, Is The Perfect RIA?
Micah Shilanski, CPF®, shares how The Perfect RIA transforms the financial planning industry by providing financial advisors with a real-world formula for
4 Overlooked Ways To Cultivate A Quality Client Experience
Matthew Jarvis, CFP®, shares four ways to improve your client experience, from setting the stage to asking the right questions and serving as your client’s financial
Start the change today!
Get our 3 most popular power sessions FREE. You and your team will learn about: Time Blocking, the One Page Financial Plan, and the “Buckets of Money” approach.