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Hours a week... seriousely, no exaggerations

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Dec 10, 2009 1:08 am

[quote=gethardgetraw][quote=Squash1]

7:30 AM - read papers - IBD - WSJ print or online, as you drink coffee & listen to morning call, think about a strategy you might want to use for any assets you have in.  If you have an investment "policy" that you use, or matrix - rely on that as your filter. If you don't spend some time on a weekend or late at night to come up with somethin. 8:00 AM Pick up phone, start dialing cold calls 8:50 AM Stretch, get coffee, check market. . 9:00 AM - Pick up phone,  start dialing cold calls 9:50 AM pee, Get coffee 10:00 AM Ifyou have no appointment - pick up phone start dialing cold calls 10:50 - drink water, have snack 11:00 Pick up phone,  start dialing cold calls 11:50 - Heat up the lunch you brought in, listen to noon calls, analyst info Read and reply to e-mail. 1:00 If you have an appointment, go on it, If not.....Pick up phone,  start dialing cold calls  1:50 Check with assistant to see if there are any missing paperwork items....etc that need to be dealt with, grab mail. DON"T READ IT yet. 2:00 Pick up phone,  start dialing cold calls 2:50 Scan mail, - toss junk. Put things to follow up on or read aside. 3:00 Pick up phone,  start dialing cold calls 3:50 pee, afternoon snack.....check market close info 4:00 Pick up phone,  start dialing cold calls 4:50 - check e-mail, reply, drink something - coffee or water 5:00 Pick up phone,  start dialing cold calls 5:50 - eat something for dinner, scan headlines, read mail. Think about what you might want to put in for trades for market open. Call any clients you have an pitch that. 6:30 Pick up phone,  start dialing cold calls 8:00 Leave after setting up for tomorrow   This was provided by TAKINGNAMES for a newbie at a wire... As you can see there is some down time  [/quote]   This is awesome. I have a similar timeblocked day but think I'll change to this. I was doing 2 hr blocks of cold calling with 30 minutes of break afterwards. The schedule posted above is 5:1 cold call to break whereas I was 4:1 cold call to break, and I feel that I won't get burned out as often by calling for 50 min instead of 2 hours.  [/quote]   It's doable and not something to break a sweat about. You just have to focus. Don't let anyone break your focus.    Hey Morean...do they let you piss standing up?     
Dec 10, 2009 3:25 am

He’s back…

Dec 10, 2009 3:53 am

[quote=twoeyeguy]Wow haha, is that really what I have to look forward to for the first couple of years? 12 hours of cold calling with a few pee breaks sprinkled throughout the day? I mean, that’s pretty much all I do now but I figured that was only because I’m at a sh*tbag no name “boutique” firm.   I bet the cold calls at least are a bit different… we pitch a stock & try to get them into a trade right off the bat. At a wire you guys do what, try to set up an appointment? Portfolio review? Something like that right?[/quote]  

  Read  the post 500 Day War by the Judge.   Don't waste time on portfolio review calls. You'll be wasting time.      
Dec 10, 2009 4:17 am
twoeyeguy:

Wow haha, is that really what I have to look forward to for the first couple of years? 12 hours of cold calling with a few pee breaks sprinkled throughout the day? I mean, that’s pretty much all I do now but I figured that was only because I’m at a sh*tbag no name “boutique” firm.   I bet the cold calls at least are a bit different… we pitch a stock & try to get them into a trade right off the bat. At a wire you guys do what, try to set up an appointment? Portfolio review? Something like that right?

  This was the rest of the post about the hours:     As you fill your schedule with appointments, analysis, trading - block out the time so that you always leave marketing time for about 1/2 to 1/3 of your time. As your practice matures, it will become easy to stop doing the things that made you successful in the first place. DON"T DO IT. Don't ever let a day go by when you don't spend at least two hours on some marketing activity.
 
Always do analysis at nights or on weekends, not during business hours.
 
Read the post the JUDGE made on this forum called "500 day war" until it is a mantra you can breathe.  I'm well past the 500 days, and keep the 500 day war printed out and I look at it every day.
 
Don't let other brokers eat your time talking about THEIR pet ideas. Keep your ego out of things and DON't compete with anyone on investment ideas.
 
Block out wholesalers from your office (have your investment policy handy and when they ask for your time tell them you want an insured muni portfolio - or something that will hit one of your needs for a client. If they don't have it, tell them you have an appointment.
 
Don't let the operational side of the business suck you in.
Dec 10, 2009 5:07 am

[quote=Squash1]…2:00 Pick up phone,  start dialing cold calls

2:50 Scan mail, - toss junk. Put things to follow up on or read aside. 3:00 Pick up phone,  start dialing cold calls
...[/quote]

[quote=Moraen]i can't believe TAKINGNAMES takes a piss during the workday. Weak.[/quote]

Why does he have to toss his junk at 2:50?
Can't he wait until he gets home or find a girlfriend.

Dec 10, 2009 5:18 am

That is why you failed out of the easiest place on earth… Sad actually…

Dec 10, 2009 1:11 pm

[quote=Takingnames]

   Hey Morean...do they let you piss standing up?     [/quote]

How is it possible that you didn't take what I said as a joke?

I was more impressed than anything.  But no, my wife tells me that I have to squat when I take a piss. 

I really wish there was a sarcasm button.
Dec 11, 2009 5:21 am

[quote=Moraen] [quote=Takingnames]

   Hey Morean...do they let you piss standing up?     [/quote]

How is it possible that you didn't take what I said as a joke?

I was more impressed than anything.  But no, my wife tells me that I have to squat when I take a piss. 

I really wish there was a sarcasm button.
[/quote]   How is it that you didn't take what I said as a joke? Feel the love.  
Dec 11, 2009 12:52 pm

[quote=Takingnames] [quote=Moraen] [quote=Takingnames]



Hey Morean…do they let you piss standing up?



[/quote]How is it possible that you didn’t take what I said as a joke?I was more impressed than anything. But no, my wife tells me that I have to squat when I take a piss. I really wish there was a sarcasm button.[/quote]



How is it that you didn’t take what I said as a joke? Feel the love.

[/quote]



Lol! Touche!
Dec 11, 2009 1:53 pm

Piss breaks are for pikers. Buy some Depends and make it a real work day.