We live in a world were trust for financial services isn’t what it used to be. Since the start of the crisis in 2008 it’s only about bonusses, greed and abuse. Abuse of trust I mean by that. When people purchased a financial advice or product, we didn’t bother to tell what the costs were for our clients. So, in the mind of our clients advice is for free. While we were earning lots of money with commissions, kickbackfees and other untransparent revenues, people thought it was all for free. Now, times have changed. Commissions and kickbackfees are history. And people don’t trust us anymore. Now, we have to ask our clients for their money. So they will buy our advice (while at first people thought it was for free). That’s pretty difficult when people don’t trust us. So, how are you going to make people pay for your services while people don’t trust you? The answer is: you don’t make them, you let them. Watch this TEDtalk from Amanda Palmer, and you’ll see how you let people pay for your services.
