Being a financial advisor is a very rewarding job not just because of the benefits it provide financially to the brave and hardworking soul but also by the purpose and meaning this job provides. One may think that being a financial advisor requires you to be a finance or business graduate but in reality, it is not required.
Being a financial advisor since 2009 and eventually a unit manager of Insular Life, I have hired and trained young and old financial advisors alike. There is just one thing successful financial advisors say with regret - "Why didn't I do this full time before?"
In my opinion, there is no other job in the world I know that rewards you while helping other people reach their dreams and aspirations in life. That is why I believe being a financial advisor should be considered by those who want to experience purpose and prosperity in their job.
Here are 5 reasons why you must consider being a financial advisor:
1. You are hardworking yet you feel underpaid
Prior to becoming an advisor I worked as an auditor in a large auditing firm and people call me bibo kid precisely because I wanted to be the best employee in our company. Even in school I had been very competitive and hard working probably the reason why I am still now. Yet I feel that even with my hard work, bibo moves and all the overtime I felt that I was underpaid. That is why I decided to take a performance based job that provides me income based on effort. The more effort I gave the more the income I receive. The reverse is true aswell.
2. You feel that sitting in the office the entire day is boring
Even when I was young I loved adventures, new experiences and challenges. I can recall when I was young I enjoyed hiking, going to lakes, falls and the beach. I was very energetic and I felt that my life shouldn't be confined in the four walls of my office. I feel that doing repetitive jobs was boring and so I became a financial advisor where everyday is a new adventure.
3. You want to own a business someday
I have always dreamed of having my own business. Being your own boss, time freedom, earning money even if you are away has been my motivation to have my own business. What no better way to learn business than being a financial advisor. As an individual earning commissions selling investments and insurances I am training myself how to be effective at sales and marketing. Further, survey shows that more than 50% of successful businessmen started as sales people. This is because sales and marketing are the lifeblood of business. There is no better training than being in sales.
4. You have very high ambitions
Growing up in the mountains of Negros Oriental, I always dreamed of having my own car, my own house and living a good life like the people from the City. I had very high ambitions in life. I realized the only way for me to achieve my ambitions early on was to work on a job that provides income based on performance not based on tenure. I dreamed of going to the US, Europe and UAE. What I didn't know was that I could go to these places at a very young age all because I worked hard as a financial advisor.
5. The people around you respect your opinions
Being a financial advisor is a very difficult job. You are selling something that is not visible. That is why the ultimate product is not the investments or the insurances of Insular Life but the financial advisor himself. Henceforth, it is very important that people respect and listen to your opinions. A financial advisor who is trusted and maintains integrity will not only be a successful one but might even be the number one in the company.
The first step to becoming a financial advisor is to know if you are fit to become a financial advisor.
Next Step: Take This Quiz To Know If You Are Fit To Become A Financial Advisor
FinancePH is an advocacy group founded in 2014 by a group of financial advisors.
"To help you become prosperous” in your finances, career and business by spreading financial literacy through financial advisors, seminars, articles and social media.
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