Shake The 💰 Tree

August 25, 2021

What went right (7 min):

Educate yourself with what’s going on in the world (16 min):

As business people you need to understand what’s happening and block time to educate yourself.

  • Axios
  • Wall Street Journal

Biden’s speech last night was an example on how important your presence is as a speaker:

  • Two skills you need as a speaker

1. Speaking  

2. Writing

  • When you speak you need to peak with confidence and deliverability

LESSON: HOW TO SHAKE THE MONEY TREE (27 min):

Look at the scoreboard, look at the past week, and how many consults are booked.  

3 Ways to Grow a Business Model (33 min):

1. Get more clients

2. Increase transaction size when someone pays you

3. Increase frequency of transactions  

Several things need to be done to activate money when you need money

  • Quality Customers
  • Quality Unconverted Leads
  • How are you marketing them?
  • How are you nurturing them?
  • Reachability
  • Relationship Equity
  • Timing and Relevancy
  • Urgency and Scarcity

What’s the one thing you are falling short on? Choose one and work on that.

Tactical:

  • Send texts to unconverted leads (i.e. 9-word texts)
  • Contact all members you asked for a referral  
  • Walk the floor and take the Black Cards and have the referral conversation
  • 1 day sale with email list
  • Text/Email former members
  • What relationships do you have now that have equity?
  • Go crazy on social media


YOUR LISTS MATTER

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Questions (76 min):

Sweepstakes: Get clients to just come in even if you haven’t picked yet. See what works best for you.  Free offers always churn the best.

Keep People in Small Group Training: People after a month fall off.  

  • Have a calendar of time slots for that program.

Tenant moving out: Renting out space efficiently

  • If you control the space, you will control the success