Why the best advice should not be paid for

Tanya Sale really is a thought leader in the lending space. Her frank, down-the-line views, and no nonsense approach to business set her apart. She has many loyal fans of the organisation she has built from the ground up, and has been formidable in growing such a large independent network while being passionate about those who have joined her family.

I respect Tanya’s honesty and passion for what she does. She said to me when we got the chance to chat that she ‘was not for sale’. She has a 20 year view of her business and is not in the market for the highest bidder.

This is something both unusual and to be admired. A long-term view like this is a rarity in an industry that sees sales, mergers and takeovers happen on a regular basis.

Tanya and I discussed five different issues she was passionate about. A number of her closest supporters of her conversation have chosen to sponsor some of these topics to show their support for the important ideas Tanya has shed light on.

Whether or not you have lending in your business, or work outside the space, Tanya Sale is worth listening to.

Her first video on mentoring uncovered her indignation at the cost of professional mentors for new entrants to the market. Her view was that great mentoring should not come at a great price, and that the industry should be supporting new entrants in a more collegiate way.

I have always found that the best mentors I have ever had never wanted money in return for their invaluable advice. I am keen to pay that forward to the next generation. Let’s hope those experienced players in the lending space feel the same way.

To watch Tanya share her views on mentoring click here.

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/.

Closing the data gap

Let’s start with some troubling figures: according to recent projections, there are around 12 million Australians who say they have unfulfilled advice needs. The average

Government finally responds to the QAR

At long last, Assistant Treasurer Stephen Jones has outlined the Government’s preliminary response to the Quality of Advice review – and revealed which of Michelle