Nicole Price, Woman in Business

Nicole Price
Woman in Business

Briefly describe the business you work for and your role.

I’m a financial representative with Modern Woodmen Fraternal Financial. I’m fortunate to have the opportunity to help individuals, families, and businesses plan for their financial future through the use of insurance and investment products.

What do you think is the smartest career decision you’ve made?

I took the advice of an advisor, who is also in this business, to consider the financial service industry. He felt that I would be good at it. At first I was reluctant, as it was a big career change, but his persistence led me down a path that has allowed me to help people create financial security.

What is the greatest career mistake you’ve made and how did you turn it to your advantage?

I don’t know that I have a greatest career mistake, but there were certainly things I learned early on as an representative. Before entering this business I had worked in the field of sports medicine, where naturally my patients and athletes came to me. Once I made the career change to the financial world, I had to go out and find my clients. I had to put myself out there if I was going to succeed. I soon discovered different strengths and weaknesses I possessed. I tell people I can have a bit of an introverted side, even though many people would disagree with that. Regardless, this career has stretched me to become a better version of myself in so many ways. One of the biggest things I’ve taken away from this experience is that I’m not selling my client a product but instead I am helping them with their financial health and well-being. Helping people is what drives me!

What advice would you give to your younger self just starting out?

I would have sought out a female mentor in this business. Plus, I would say "know the value of what you do". When clients open up an IRA or purchase life insurance, they don’t get to take home a tangible item like a new purse or a fun pair of shoes. But they can have peace of mind that they are protecting their families and securing their financial future. To me, that’s invaluable.

How do you balance your personal and professional life?

This can be a bit challenging and something most people face. I don’t think balance is necessarily 50/50. Some weeks feel more professional, while others require more attention to my personal life. My husband is instrumental in making sure I take some time to do non-work-related things I enjoy. We love to get outdoors to enjoy a round of golf, ride horses, or go for a drive in the side-by-side. At the end of the day you have to be true to yourself, know what’s most important to you, and make sure that your energy goes to those things.

What habits have made you successful?

Positivity, determination, and working hard are all things my parents instilled in me. You have to enjoy growing and learning in this business, because those are two things you will need to be successful. Most importantly, remember to follow through, do what you say, and always put your client first.

What is the best thing people can do to secure their financial future?

The one best thing is to start. Be sure to develop a relationship with an insurance and investment advisor. In a world where there is an app for everything and you can Google about anything, having an advisor that you trust can help you achieve your goals. No two client situations are exactly alike, so what works for someone else may not be right for you.

Modern Woodmen, Nicole Price


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