Frank Agin – Get to Know Your Customers and Your Vendors

<p><a href="https://www.linkedin.com/in/frankagin/" rel="noopener noreferrer" target="_blank"><strong>Frank Agin</strong></a> works to empower small businesses to achieve more by helping them create dynamic professional relationships. He does this by operating a membership-based referral program called<a href="https://www.amspirit.com/" rel="noopener noreferrer" target="_blank"> AmSpirit Business Connection</a> and shares insightful content via his<a href="https://networkingrx.libsyn.com/" rel="noopener noreferrer" target="_blank"> Networking RX podcast</a>, articles, and books. Learn all about Frank<a href="http://frankagin.com" rel="noopener noreferrer" target="_blank"> here</a>.</p><p>&nbsp;</p><p class="ql-align-center"><strong>“Everybody I know can benefit from somebody else I know.”</strong></p><p class="ql-align-center">Frank Agin</p><p>&nbsp;</p><h2><strong>Worst investment ever</strong></h2><p>Frank worked for a while as a tax consultant with PricewaterhouseCoopers, one of the most prestigious public accounting firms. He left the job and got paid his pension. Frank decided to invest that pension and 401k.</p><h3><strong>Working with the familiar</strong></h3><p>Frank approached a financial advisor he had met at PricewaterhouseCoopers. The man was on the board of some of the clients Frank had worked with. Frank, therefore, trusted him and chose him to be his financial advisor. Frank didn’t bother to find out more about him. Working for his former firm was enough credibility for Frank to trust him with his money.</p><h3><strong>The advisor with no advice</strong></h3><p>This was Frank’s first investment, and he didn’t know much about investing. He thus just went with the flow. The financial advisor would call Frank once every six months with a few updates on how the stocks were performing. He never gave Frank advice on how to improve his portfolio.</p><p>Whenever Frank would make suggestions, the financial advisor would brush them off. Frank ended up missing out on so many investment opportunities. The fin