Advisors love to help clients plan their financial future. Making financial plans is not necessarily their only passion. Advisors are also known to have hobbies that give them great satisfaction.
Here are a few reasons why advisors should inculcate a hobby in their daily lives.
Meet new people with similar interests
A hobby is something that you can enjoy with other people. Whether you join a dance class, cricket club, or a cooking class, a hobby is a great way to meet people who have similar interests and mindset as you. Also, socialising helps you reduce stress and improves mental health.
Personal development
A hobby challenges you in some way or the other. As you overcome these challenges, your confidence grows. Also, it sharpens the mind and enhances creativity which is likely to be reflected in your work.
Makes you more interesting
You will have stories that you can share with others. You will also have specialised knowledge that you can share with people who have similar interests.
Relieves stress
A hobby helps you to relieve stress by keeping you engaged in something you enjoy. It lets you relax and seek pleasure in activities that are not associated with work.
Helps you be patient
A hobby is an enjoyed activity. You gladly put in the necessary effort, and for as long as required, till you become good at the particular activity you chose as your hobby. Also, when something makes you happy, there is no question of quitting despite the aches and pains on the road to acquiring the new skills. And one fine day you yourself realise your hobby has taught you patience and perseverence.
Will get new ideas
No matter what type of hobby you choose, you will definitely be exposed to new ideas. A hobby will help you grow in various ways, like exposure to new opinions and new ways of looking at life.
You will have something to look forward to
Following the same monotonous routine, with no hobbies, can make life so dull. Hobbies add new zest and change in the routine.
We spoke to few advisors on the importance of having a hobby. This is what they have to say.
Srikanth Matrubai of SriKavi Wealth believes that having a hobby relaxes the mind. “I love to travel whenever I get the time. A different environment makes me feel relaxed and helps me divert my mind from my business. When I come back to work, I feel re-energised with new ideas and fresh thoughts,” he says.
“Also, I ensure that I do not travel with my advisor friends as it helps divert my mind from business talk,” he adds.
Ramesh Bhatt of AniRam feels that a hobby helps in client acquisition. “I like to run. Every morning, I run on the beach with my wife. I have met new people, who became my clients, during my runs,” he says and adds the example of a friend, “A Delhi based IFA friend likes to play golf. He acquired many HNI clients through his golf sessions.”
Shifali Satsangee of Funds Vedaa, who loves collecting antiques, says that hobbies are a good excuse to take a break from the monotonous work life. She says, “ A hobby makes you feel enthusiastic about life and helps you relieve stress. It also keeps your creativity flowing and gives you an opportunity to learn new and different things.”
Hiten Shah of Hiten Shah Financial Advisories thinks having a hobby is a good way to network with people. “I love to play cricket in my idle time. First, it takes my mind off work stress and I meet new people. I have made a new group friends in my cricket club with whom I occasionally socialise,” he says.
