In this episode, we sit down with Nick Davies, a business coach specializing in helping financial advisors scale their practices and avoid the common pitfalls that keep them stuck. Nick shares his unique journey from spending 20 years working for major banks across the globe to becoming a Tony Robbins coach, and ultimately finding his calling in coaching financial advisors. He reveals the critical importance of clarity and vision in business, explaining why most advisors struggle not because of capability, but due to a lack of clear direction. Nick discusses his concept of building a "hub" in your business to prevent overwhelm as you scale, the dangers of the "slow sacrifice of ambition," and why being reminded is far more valuable than learning something new. He also introduces his ambitious goal of helping 100,000 financial advisors in the next three years and shares practical strategies for building a dream team, creating effective masterminds, and using tools like the Mind Scan assessment to gain clarity on thinking patterns. This conversation is packed with actionable insights for any financial advisor or business owner looking to break through their current plateau and create lasting impact.

Chapters:

1. (00:00:00) - Nick's Epiphany: Walking Away from 20 Years in Banking
2. (00:01:15) - The Journey from London to Wall Street to Coaching
3. (00:03:27) - Becoming a Tony Robbins Coach and Finding Financial Advisors
4. (00:04:38) - The Ambitious Goal: Helping 100,000 Financial Advisors
5. (00:06:32) - Building the Hub: Your First Hire Should Become Your COO
6. (00:09:14) - The Free Ebook: Why Advisors Stay Stuck Managing People
7. (00:11:03) - Avoiding the Slow Sacrifice of Ambition
8. (00:13:22) - Building Your Dream Team: It Starts with Vision
9. (00:16:48) - You Need to Be Reminded More Than You Need to Be Taught
10. (00:18:12) - The #1 Mistake: Creating Strategy Without Clarity
11. (00:20:27) - The Hallway of Doors: How to Cut Through Distractions
12. (00:22:15) - Mind Scan Assessment: An MRI of Your Thinking Patterns

Links and Resources

1. Stan Miller on LinkedIn
2. Katie Beth on LinkedIn
3. 7 Figure Advisor
4. Nick Davies on LinkedIn

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