WHAT I LEARNED FROM YOU IN 2012 AND WHAT YOU CAN EXPECT IN 2013

Experts, independence and collaboration – 2012 has been a big year. And you can expect more in SMSF education, mortgage broking and growth case studies in 2013.

In our final edition of Reality Check for the year, I thought it good to reflect on what I learned from you, our community.

Every good business runs on analytics, and when I look at the numbers on No More Practice, from the show to the newsletter, they tell me a story.

Firstly, you are interested in growth for your business – no matter what the market conditions. Every time we have run a blog on an opportunity to grow through product innovation, building relationships with like-minded professionals or capitalising on new ways to increase your business value, you engage – in the thousands.

Feedback we have from the show is that you want even more examples of practice professionals growing their business – you want to see inside your peers’ business models and understand their challenges. I can’t wait until you meet Sam Henderson in series 4 next year.

You also want to hear it from the experts – mentors like Barry Lambert, judges such as Matt Englund and experts like Anne Fuchs all have a big following. You respect those who have an opinion, even if you don’t agree with it. You loved getting to know Barry Lambert better at our live event – his story was very inspirational. To see the recording, click here .

You also want more conversations around independence – what does it really mean, and what are the pros and cons of independence, in terms of licencing and dealer groups. You want to see our industry bodies working more closely together – this rated very highly at the live event and it was good to see a conversation was started between advice, super and SMSF.

Next year we are going to bring you more stories, case studies and even online learning from SMSF for accountants, advisors and brokers. Our most recent survey told me more than 30% of you believe SMSF is the biggest growth opportunity in the next five years and you want to know more.

You may have noticed SPAA have joined our marketplace and we will be joining forces with them to bring more content to life around SMSF and the opportunities it holds for your business.

We will also be bringing mortgage broking into the No More Practice community next year – with the MFAA mandating all brokers are to be licenced and newly titled ‘credit advisers’ the line between who is servicing the end client is blurring even further. We believe by bringing this important industry into the conversation we can help facilitate further growth for many of you.

Finally, I learned how our industry embraces new initiatives if they add value. Thank you so much for embracing us and making No More Practice part of your professional development. I promise we will keep delivering for you in 2013 and beyond.

Have a wonderful Christmas; see you again in the New Year.

The opinions, advice, or views expressed in this content are those of the author or the presenter alone and do not represent the opinions, advice or views of No More Practice Education Pty Ltd. Our contents are prepared by our own staff and third parties who are responsible for their own contents. Any advice in this content is general advice only without reference to your financial objectives, situation or needs. You should consider any general advice considering these matters and relevant product disclosure statements. You should also obtain your own independent advice before making financial decisions. Please also refer to our FSG available here: http://www.nmpeducation.com.au/financial-services-guide/.