Why does Values-Based Financial Planning™ have me put everything on my calendar?

Article ID: 258
Last updated: 20 Nov, 2019
Your calendar is an extremely important tool in the area of time management … and the better you manage your time, the better you manage your results. By putting things on your calendar, you’re making an appointment with yourself to do those things that you know need to be done. The only question becomes whether you’ll honor your commitment.

By putting something on your calendar, you’ve made it “real.” You’ve allocated the time and determine when that time will be honored. Then, it’s only a matter of whether you’re willing to honor your commitment. Either way, you’ll benefit. If you complete the action item, you’ll be on target to accomplish your Goals. If you don’t … you have a clear understanding of why you’re failing short of your Goals. As Bill Bachrach says, “The success of what you’re currently doing is based upon the foundation of what immediately preceded it.”

If you do the work, you’ll get the results. If you don’t do the work, ask yourself, “Why?” Then, compare the importance of whatever you did instead … versus what you were suppose to do, and measure the effect each task had (or would have had) on helping you accomplish your Goals for the reasons that are important to you. That’s why one of the best habits you can develop is to take a few moments to review your Success Road Map® each day to remind yourself of what’s important in your life … and why. Then, spend your time in a way that helps you make progress towards your Goals.

Remember … “It’s not about comfort … it’s about getting results.” – Bill Bachrach

Others in this category
b Profiles Software does a good job of showing Net Worth, Financial Independence projections, etc. Going forward with the Ideal Life Evaluation Program, do I just quit "cold turkey" with Profiles and just use the action plan?
b Prior to hiring Bachrach & Associates, Inc., I had already created several of the deliverables on an annual basis for clients. I have been charging between $500 and $1,000 for this type of planning in addition to AUM wrap fees. Can you help me gain clarity and perhaps some verbiage on why a current client should pay 2x-3x times what they are used to?
b Does a Financial Advisor always have to start in business by approaching his/her natural market?
b I am starting to attend a lot of networking events. At these events, you always get asked for your card. I have been reluctant to give my card out, however, due to your previous comments about our business cards. What is your advice for what information should be on the card (keep in mind for compliance reasons we need to have certain information on the card here in Australia)?
b I have relationships with many business leaders and professionals in my community that I believe will be great referral sources. Most of them are not currently clients, so I have not conducted Financial Road Map Interviews™ with them. It seems logical that I would want to get them and their spouses in for a Financial Road Map Interview™ before I start asking them for referrals, but I’d like some help on what a reasonable process would be to lead up to scheduling those Financial Road Map Interviews™, i.e. face to face meeting to explain how I am expanding my practice, delivering the book, sharing the diagram of Trusted Advisor and Subject Matter Expert relationships. Or should I treat them as a self referral and follow that process?
» More articles