The Real Cost of Staying (Ep. 10)

Advisors often believe they can’t afford to leave their firm. But what if the real cost is staying?

In this episode of The Broken Dealer Podcast, Carmine Corino and Daren Blonski sit down with Coach Joe Lukacs, Founder of Magellan Network & MasterMind.

Joe challenges the limiting beliefs and hidden consequences that keep financial advisors stuck. Through deep stories and sharp analysis, he helps advisors face hard truths – and shows what’s truly at stake when you choose comfort over possibility.

Joe discusses:

  • The story of launching his coaching business with just belief and a blank invoice.
  • How firm loyalty can cost advisors up to eight figures in missed value
  • The emotional triggers behind an advisor’s decision to finally leave a constrained environment
  • The psychological tactics firms use—like payout grids and recognition clubs—to shape advisor behavior.
  • Why entrepreneurial advisors must embrace uncertainty and understand their break-even point before making a leap
  • And more!

Resources:

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