1 00:00:02,000 --> 00:00:04,000 This is the Future Ready. 2 00:00:04,000 --> 00:00:08,000 A show about transforming your financial advisory practice. 3 00:00:08,000 --> 00:00:15,000 I'm your host, Sam Severajan, a wealth management consultant, behavioral scientist, and keynote speaker. 4 00:00:15,000 --> 00:00:24,000 In this podcast, I dive deep into the real challenges advisors face and bring you insightful conversations with top industry experts. 5 00:00:24,000 --> 00:00:37,000 Together, we'll explore practical strategies grounded in behavioral science to help you better serve your clients, optimize your time, and build a future ready practice. 6 00:00:37,000 --> 00:00:48,000 I discovered the power of what I will describe as a target market. Oftentimes people use the word niche, but I discovered it back in 2014. 7 00:00:48,000 --> 00:00:52,000 When I started studying a gentleman named Michael Port, and he wrote a book called Book Yourself. 8 00:00:52,000 --> 00:00:55,000 And so I became a student of his. 9 00:00:55,000 --> 00:01:01,000 And I think the key lesson that really stuck with me at that point was the idea of having a target. 10 00:01:01,000 --> 00:01:10,000 So just to recap what you said, it's the idea of creating a market and being a bigger fish in a smaller pond. 11 00:01:10,000 --> 00:01:19,000 I come from a background where I worked with a very local market, which was geographically determined. 12 00:01:19,000 --> 00:01:25,000 When I made the switch to working with people online, I realized that online is huge. 13 00:01:25,000 --> 00:01:31,000 And so the question becomes, how do you stand out? How do you compete?