Why You Need A Financial Adviser

At Coppenhagen Advice, we believe that achieving positive change requires a combination of elements to come together. There's no formula that works for everyone, and when the outcomes are so important to our lives then we can't rely on following any ‘rule of thumb’.

Combining the right elements will light a path to follow, a series of important steps towards achieving successful outcomes. These steps are

  • Finding the right information
  • Using knowledge to make decisions
  • Turning ideas into action
  • Keeping a successful mindset

described below, but can be outlined as obtaining the right information, applying the right knowledge and having the ability to execute.

Finding The Right Information

As the world moves faster, and more sources of information become available, it can be difficult to determine what information is of actual relevance and benefit. Only a small amount of the available information will actually provide you with the knowledge you need.

pie-chartThe Right Information: What is actually relevant, accurate and helpful to you.

Correct but Irrelevant Information: What is not relevant or helpful to you.

Out Dated Information: What used to be correct.

MisInformation: What is incorrect, whether intentional or not.

Biased Marketing: Information presented in a way to promote someone else’s agenda, to encourage buying their product. It’s hopefully accurate (ie not deceitful), but has a high degree of spin.

Well Intentioned But Misplaced Information: An opinion or judgement on your circumstances from someone else’s point of view. Is usually a repetition of one of the other information types, so is often a repetition of irrelevant, out dated, marketing or misinformation.

There's an entire industry built on writing informational content. Most comes from organisations with their own agenda, trying to sell a product or service, to entice readers with ‘click-bait’, to generate subscribers or push a public agenda. This is best thought of as 'noise', because often this information is incomplete, contradictory, or distracting from finding the true answer or the best solution.

Coppenhagen Advice puts the right information in front of you, so you can be fully informed and educated prior to your decisions.

Using Knowledge to Make Decisions

Once the right information is determined, it’s time to compare options. Each option can have a series of potential outcomes, and each option can have a different level of input. If life were single dimensional then this might not be so hard, but there are many factors unique to each situation. A method of analysis is needed with some powerful tools to compile the information available, in order to compare the possible outcomes of each option.

Coppenhagen Advice completes a system of analysis which turns complex information into comprehendible options and comparisons, allowing you to make clear, rational and informed decisions.

Turning Ideas Into Action

When you’ve made a decision, then you’re ready to take action. Your plans could be perfect, but the success of the final outcome will only be as good as the execution of those actions.

The best way to ensure a successful execution is to have the support of those who have executed successfully in the past. Those with the practice and experience of having done it before, and the ability to do it again. Think of building a house; your architect can be brilliant, but if it’s the bricklayer’s first time then you’re going to have a crooked wall.

Keeping a Successful Mindset

As humans, it’s common to have sources of doubt, and these sometimes prevent our path to success.

We all have self-doubt, albeit in different amounts. Our own fears sometimes prevent us from reaching decisions or taking actions, and these doubts and fears can anchor us down to accepting less than what we deserve.

Also, everyone cares to some extent about the opinion of those around us. Once you’ve defeated your own fears, be aware that others may be intimidated by your actions – it highlights their own lack of action or failed attempts. You might find people are generally quick with criticisms about potential mistakes, risks, how they would ‘do it better’, or ‘it didn’t work for me so it can’t work for you’.

Imagine if someone told you not to swim in the ocean, because they had tried it but swallowed a mouthful of sea water? We would hope that you’d still grab your surf board and catch some waves.

Keep yourself close to your sources of confidence, and keep your vision fixed on the dreams you are reaching for.

7 reasons to love Coppenhagen Advice

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