While the greek word philosophia literally means "friend of wisdom", the common-day philosopher tends to stare at their naval and wonder if they even exist
Which "common day" philosophers are you referring to? How much common day philosophy have you read? I think it's fair to say that this problem is near death and has been for a long time. The problem was made famous by Descartes of course, but he's hardly "common day."
I - personally - find it frustrating that we listen to the naval-staring philosopher, and forget what wisdom is in the same moment.
I'm happy to hear that you think people listen to philosophers. How many people do you know that spend their time worry about the problem of existence instead of something else?
Your attitude about philosophers is common, people take an intro to philosophy course that focuses on rationalist thought of the 15th century and assume they now know the state-of-the-art of philosophy. Somehow people don't realize how stupid this is, even though they wouldn't dare assume they understood contemporary physics after taking physics 101. Philosophy has a very long history of contributing to major scientific breakthroughs. Here are a few:
1. Einstein, throughout his life, credited many philosophers including Hume and Kant with inspiring him to come up with special and general relativity.
2. Neils Bohr invented his preferred interpretation of quantum mechanics because we was inspired by Kant.
3. Adam Smith was a "moral philosopher." Before him economics didn't exist.
4. Psychology wasn't it's own discipline until very recently. Before that it was philosophy.