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A training event for brokers has been held in Bali to provide them with “peaceful and enjoyable surroundings” while solidifying their compliance awareness and learning how to build a better business.
Perth-based financial services training provider MyFeng designed a program around the issue of “How do we know what we don’t know?”, which was recently held in Bali over four days.
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The program took the form of a workshop, which was presented to a group of financial services professionals with varied levels of experience, offering information and tools to set up and develop a finance/mortgage broking business while providing attendees with an opportunity to network with others in the same or complementary services.
Speaking to The Adviser, director of MyFeng Sue Kallmeyer explained that the event was held in Bali to provide “a peaceful and enjoyable surrounding, so they could focus on the training”.
“We chose Bali because it needed to be a four-day program, and we find that what happens in Perth is that people can’t find the time for four days, they’re always time poor.
“We thought if we went up to Bali and we had shorter training days, then they could use the afternoons to enjoy themselves and have a holiday, but use the time we were there specifically for the training too.”
Ms Kallmeyer explained to The Adviser that the training answered brokers’ questions and provided information around compliance, while helping them enhance their small business building skills.
“'What’s a ‘point of difference’? What is it that ASIC really want? How do I grow my business?' That’s what they were looking for,” Ms Kallmeyer elaborated.
“The program was suited to small business owners as well as leaders who are looking for ways to train and develop their representation and brands, because we feel there are lots of people that don’t know how to do that,” she said.
“What we want to do is get them to the point where they’re confident that they know they’re doing the right thing and the rest will come,” she concluded.
[Related: Broker’s training course to ‘supplement mentorship’ of new-to-industry]
