Thursday, January 2, 2014

Now for the development of personal financial advisors. If we follow the successful example of the


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As we saw in the previous article, first command I pointed to the profession of personal financial consultant. Now I'll tell you how I see things and how I think will develop this activity in Bulgaria. Before that, a little background. Know that you are hesitant to change the name of the site, whether to make a new and what exactly area to target. Opportunities in front of me were two - personal finances or business.
While the thought occurred some events that turned me into the current (correct I hope) direction. The events were two meetings with people who want to develop the profession in Bulgaria and have the necessary zeal and desire to do so. The meetings took place really constructive and soon expect things in this area to move. Development of the profession in Bulgaria
For starters, I think that Bulgaria, as a developing country and the EU follows the steps and go to "civilize". Indeed, in some areas are very backward, but we confident steps forward. I can give you many examples first command of goods and services that were in a zone, "This can not happen in our country," but already have them and enjoy an enviable popularity. I want to say that Bulgaria nothing is unique and sooner or later what it has in the West will come here.
Now for the development of personal financial advisors. If we follow the successful example of the various business organizations and foundations, we must begin with the promotion of this topic in society. At this stage, there is simply no market for such services, because no one knows what kind of "animal" is the consultant. Have reinforced free seminars and meetings to learn about the people how important it is to be able to put in order their money and increase them, not just to complain. This first phase will last between one and two years if people and markets are "ripe" for the idea (and there are signs of this).
The second phase is to screen out people who will realize the importance of the topic and want to learn more and more complex things about the world of finance and how to manage their money. They will now tend to pay a not very large sum to participate in lectures and seminars "advanced." Entrepreneurship, there are already similar first command programs starting and developing a business. Of these participants are introduced to specific techniques and methods that apply to their own projects first command and ideas. Course prices are not low, but there are quite willing.
The third phase can now offer individual counseling to people from middle and upper classes who find true meaning to increase their financial IQ and increase their wealth. first command This niche in Bulgaria is rather limited, but to develop a successful business as a personal financial advisor you do not need more than 40-50 clients (it will be difficult alone to serve more), which offers the possibility of honest and impartial advice at all times of the day (if needed). Beginning of this phase see her after not less than three years. What is the relationship first command of personal financial consultant business
As I wrote in a previous article, start your own business or offering advice in his spare time, is a natural event in the life of every person. With the accumulation of knowledge and skills we become first command experts and our relatives first command started us looking first command for advice in a particular area. Why not make these tips in either primary or secondary source of income? If you already have a financial advisor will not give his services just because you started a business, first command right? Even his advice is even more important to learn how to separate personal from corporate money, what to do with the company's profits and others.
Yes, the owners of businesses have accountants and financiers, but they do not interfere in their personal first command finances and would not have given them advice on how to spend their money. Here, the role of personal financial consultant is to make the link between the financial objectives of the business and personal first command objectives of the owner. In the presence first command of expertise, the consultant can help the client and at the start of business until it grow and be hired specialists in business development.

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