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By Richard Ensman

You've heard the myths of NAIFA membership before, and perhaps you've even believed them. But ultimately, you knew that membership was the right move for you and your business.
So next time you hear a colleague attempting to explain why he won't join NAIFA or the local association raise your head, open your mouth and dispel whatever association myth your friend happens to believe.

Myth # 1: “It takes too much time.”
Leaders in many industries say that if you spend 5 percent of your work time engaged in professional development, you'll be well on the way toward long-term success. For most people, 5 percent means 100 to 125 hours a year. And guess what? Heavy association involvement—including a convention, a few regional or committee meetings, and some behind-the-scenes telephone work—will probably consume much less than that. But in the end, you decide how much time you want to commit, whether it’s two hours, a year or 50.

Myth # 2: “Membership costs too much.”
The fact is, in many cases membership costs less than a dollar a day and you may spend more at Starbucks in a year than you would on your NAIFA membership. More important, just one good idea gleaned from your membership can be worth thousands of dollars.

Myth # 3: “I already know the right people in insurance.”
Sure you do. But you don't know everyone. And you don't know the people who will join NAIFA next week, or next month or next year. And you don't have exposure to the ideas, knowledge and enthusiasm these newcomers bring to the table. And guess what? Anytime you participate in an association event, you can always get to know someone a little better—and learn something new.

There is no finer resource than your association to keep yourself abreast of research, news and trends.

Myth # 4: “I’m just one person. I don’t really make a difference.”
Are you kidding? All it takes is one person to set NAIFA on an aggressive new course of legislative advocacy. All it takes is one person to organize a committee dealing with new industry standards. All it takes is one person to energize an association group with new ideas and enthusiasm. Yes, one person can be lost in the crowd. But one person can also be the impetus for exciting new initiatives.

Myth # 5: “I’ve already learned what I need to know about insurance and financial planning.”
Even if you have full command of the knowledge in your field, in this day and age it changes constantly. There is no finer resource than your association to keep yourself abreast of research, news and trends. And just as important, if you're brimming over with knowledge, it's even more important that you share what you know with your peers. The more knowledge your peers possess, the stronger your industry.

Myth # 6: “Association issues don’t concern me.”
Just about everything NAIFA does concerns you in some way. The tax issues raging in another community today might affect you tomorrow. The new technology being developed in another part of the nation by association members might help you preserve jobs and profit five years from now. Or the sales trends in a nearby community might well be on their way toward you. Association membership alerts you to what’s going on around the nation and the world.

Myth # 7: “Members have to attend too many meetings.”
Sure, NAIFA has some meetings—an annual convention, committee meetings, regional conferences, special events. But ultimately, you decide what you're going to attend—and how deeply you'll participate. And when you're not able to attend, you can still learn about meeting highlights through Advisor Today or your local association newsletter, meeting minutes or your colleagues. And whenever you can't attend a conference, you can be secure in the knowledge that great work is still being done on your behalf.

Myth # 8: “The association just helps my competition.”
Despite their differences, competitors recognized that they have common interests. These include certification, product standards, industry-wide promotion, training and education, legislative advocacy, and more. Only by working together can individuals pursue those interests and aggressively insure the health and future of the insurance and financial planning industries.

Myth # 9: “NAIFA's not really interested in me.”
NAIFA is first and foremost a membership organization. You select the officers and board members. On your behalf, they set the industry agenda, select the staff that serves you, and establish the programs that help you become better at what you do. Nowhere else in the world—other than your own home or business—can you call, write or email with a question or concern and be welcomed with such undivided attention.

Myth # 10: “It’s just all too tiring.”
Trade and professional associations are one of the greatest energy builders of our age. Just sit in a lively NAIFA seminar or committee meeting for an hour, or walk the trade show hall at the convention. You’ll feel the air thick with energy, excitement and ideas—always enough to recharge your batteries for weeks or months to come!

Richard Ensman is a freelance writer and frequent contributor to AdvisorToday.com. He can be reached at publisher@compuserve.com.

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