Reality professional development is the future, and No More Practice is leading the charge for the financial services sector
When I start the year by telling you that the founder of Microsoft wants you to access reality PD, you may wonder where I am going with this one. I am however, telling you about the future of education and how you are going to be part of it.
The New York Times reported last year that the Bill & Melinda Gates Foundation had funded almost a million dollars for an education program called “reality professional development”. It was for the teaching industry in Boston, and was a nod to the changes in standards to the education system there where teachers are being graded on their students’ results.
Many teachers were finding they were isolated inside their own classrooms, and wanted to see what ‘best practice’ teaching looked like. Enter reality TV. By filming entertaining and high production value episodes of the best performing teachers discussing their techniques, all teachers can access the highest level of professional development training in their own time, after hours.
Sound familiar? All too often as a financial adviser, accountant, mortgage broker or business owner, we are so busy running things on a day-to-day basis: looking after our clients’ needs; making sure that compliance, HR and sales are being looked after; that we don’t have the time to improve our own skills; and examining and learning from others in the same profession.
This is why we created No More Practice – so you can see firsthand, in your own time, how practitioners face and deal with the challenges we all face in business today. From growing a business, franchising and offering new products, to succession planning, selling and staffing, this upcoming season of No More Practice is going to teach you a lot – by watching two incredibly dedicated business owners undertake their own journey.
Jim Taggart is a career financial adviser who has been in the industry for more than 25 years. No More Practice will follow Jim in the journey of selling his practice and maximising his earn-out.
Sam Henderson runs a successful practice in Sydney with a turnover of around $3 million. You will watch Sam face challenges in growing his business and expanding his SMSF client base while managing the demands of a young family.
We will be delivering these to your inbox on a Monday, while you will still receive your regular Reality Check email on a Thursday. Or, if you prefer, watch the show on Sky Business on the weekend in the comfort of your own home.
Either way, reality professional development is the future, and we are proud to be leading the charge for the financial services sector.
Happy learning!
All the best
Vanessa
