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Morningstar Advisor Magazine June/July 2010 Issue
The Practice > Practice Builder
Seven Ways that Exercise Makes You a Better Advisor
by Allyson Lewis  | 12-17-09 
As financial advisors, we are all looking for the secret to success . that magic something that makes our work meaningful and challenges us to strive to be better tomorrow than we are today. We want to attract new business, learn new skills and improve client satisfaction. As the new year rolls around, it is a wonderful time to realize that one of the simplest ways to rediscover the excitement for your daily work is to exercise. When was the last time you jumped out of bed before your alarm clock, filled with energy and arrived at your office 15 minutes ahead of time armed with new ideas and enthusiasm?

In his 1990 book, "Flow: The Psychology of Optimal Experience", Mihaly Csikszentmihalyi (former head of the department of Psychology at the University of Chicago) states, "The best moments usually occur when a person's body or mind is stretched to its limits in a voluntary effort to accomplish something difficult and worthwhile. Optimal experience is thus something we make happen."

We have all had that feeling of "flow"--it is often described as having a perfect day. A day where goals are set and achieved, personal efforts are challenged and rewarded, productivity is at its peak and you simply feel as though you were in "the zone." Achieving these moments of "flow" should easily be included as one of the secrets of success. But, the question remains, how can Financial Advisors increase the number of optimal outcomes?

Could improving our optimal experience at work really be as simple as making a choice to add exercise into our 2010 business plan? Here are seven reasons exercise can make you a better financial advisor:

1. Higher Energy Level
The most obvious reason a daily exercise program could make you a better Financial Advisor is the almost immediate impact of giving you a higher level of energy.  With every phone call you make to a client you are required to expend a tremendous amount of physical and mental energy. Your clients and coworkers will also feed off of your personal energy level. As your energy level amplifies watch how the energy level of those around you goes up as well.
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Allyson Lewis is the author of The Seven Minute Difference. She speaks about improving time-management, increasing productivity, and rediscovering purpose. Visit her Web site to find out more about her newest time-management project, The 7 Minute Life Daily Planner. She also has a blog and a Twitter account.

The author is not an employee of Morningstar, Inc. The views expressed in this article are the author's. They do not necessarily reflect the views of Morningstar.


 

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