We hear it from advisors all the time: “Things are far from perfect, but we’re keeping our heads down and waiting to see what happens next.”
All too often, advisors adopt a “wait and see” attitude that puts them in a holding pattern. They’re literally waiting for the next shoe to drop, then reacting—or tucking their head even lower. The problem with that behavior is that it puts the control of your career into someone else’s hands. That’s when you could end up making a rash decision with limited knowledge or digging yourself in so deep that inertia takes hold, leaving you feeling stuck and miserable.
Am I saying it’s time to run for the door? Not at all. Actually, I firmly believe that you should stay where you are as long as you’re able to grow your business and serve your clients to the best of your ability. It’s OK to keep your head down and forge ahead, provided that you’re paying attention to changes that could disrupt the status quo.