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    Education

    Business Bros

    Listen to the stories of real life entrepreneurs as the navigate the ways of an entrepreneur. Check out how the Business Bros gather testimonials and use them to get more repeat and referral business. Join the conversation on Social @BusinessBrosPod and buckle up for a daily dose of podcasting to get you into action! Support this podcast: https://anchor.fm/businessbrospod/support

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    Latest Episodes:
    Business Bros – Episode 40 – 7 Step Listing Process for Real Estate Agents Part 1 Sep 11, 2018
    Show notes

    In this episode we discuss why it is important to look at your Real Estate business from a Cash Flow perspective and take the necessary steps to develop a system to become a dominating listing agent. If you are tired of going through feast and famine, cash spurt real estate cycle, then this process and becoming a listing agent is the way to cure your financial dilemma. We invite you to broaden your skills and do what it takes to take your Real Estate business to the next level. Join the conversation on Facebook @SiasFirst. As a Harris Certified Real Estate Coach, I encourage you to schedule your free coaching call on our website www.SiasFirst.com. Music by www.bensound.com 7 Step Listing Process (Harris Certified Real Estate Coaching Presentation) You must list to last in the Real Estate game Listings are mental labor, Working with buyers is physical labor You can handle more listing business than buyer business Being a listing agent requires education, skill, polish, motivation and perseverance than a buyer's agent. Listing agents make more money, more consistently with less stress. Listing agents know how to consistently generate listing leads, follow-up, prequalify them, present in a way that they take the listing, negotiate in a way that they sell the listing and close the deal. They do this in a way that the seller trusts them and refers them. Listingagents work with more than repeat business. They successfully help “colder” leads due to their high level of skill and confidence FACT: Many agents do the same amount of business every year because they are dependent on what comes in naturally ie The Easy Button. To go to the next level you must learn to not just work with people you know but with people you don’t know. Seven P’s of a Listing Agent Profit comes from Previewing, prequalifying, preparing, PLP and a polished professional presentation. (prayer doesn’t hurt either) Step 1: Generate the lead Remember the spokes on the wheel. Lead generation isn’t achieve by one, magic silver bullet. You should implement at least 5 spokes of lead generation. Do what you don’t want to do, when you don’t want to do it, at the highest level If you struggle with lead generation get help!! Real Estate doesn’t have to be feast or famine, no more roller coaster income. Commit to ending cash ‘SPURTS’ and get into cash ‘FLOW’ It starts with Lead Generation Step 2: Follow up with Urgency Follow our 18 Lead Follow Up Rules, starting with understanding URGENCY! Never end the day without following up on 100% of your leads. Doesn’t matter if they came in via email, voicemail, text or online. FOLLOW-UP Buyer leads are listing leads in buyer’s clothing. Don’t blow off your buyers just because “you have to many buyers”. Use scripts like “which home in the area do you plan on selling?” Step 3: Pre-Qualify for motivation and time frame Prequalify 100% of your leads, both buyer and sell, 100% of the time, using buyer and seller pre-qualification scripts, 100% of the time. Don't use different rules for different types of leads. Always know the following prior to listing appointment: Seller’s time frame Sellers motivation Are they buying as well? Are they speaking with other agents, if so how many, who and how did they decide? Price they have in mind and why Step 4: Send the Pre Listing Package Always send your powerful, proven pre-listing package before every listing appointment, no exceptions. Fedex, drop off any way but do it. Warning: Just because no one in your office does this, doesn’t make it right. It makes it more important and obvious why you’ll stand out and take more listings! Take your time to make your PLP shine! It’s one of the mo --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 39 – Your Magic Number for Insurance Agents Sep 10, 2018
    Show notes

    In this episode we discuss what an Insurance Agent needs to close on a daily basis to cover all the necessary overhead. More importantly, we discuss the process how you can figure out your magic number to not only survive but to thrive in your sales job. The numbers are the life blood of your business and you must know what your goals are in order to develop an action plan to get there. Show notes below in case you want to calculate your own Magic Number. Join the conversation on our website or schedule your free coaching call www.SiasFirst.com you can also find us on Facebook @SiasFirst. Music by www.bensound.com Magic Number Required Monthly Income (RMI) What is your monthly overhead? Add up all bills, rents, personal and business Multiply by 1.35 for taxes $4000 x 1.35 = $5400 (RMI) Calculate Required Monthly Premium (RMP) Take RMI and divide by your contracted rate $5400/.70 = $7714.29 Multiply RMI by 10(or by average commission rate from carrier) $7714.29 x 10 = $77,142.90 (RMP) Average annual premium for your clients Management system can help you determine this Home and auto will be less than commercial For example $2000 premium per policy (PPP) You Magic Number Take your RPM divide it by PPP $77,142.90/$2000 = 38.5 Magic Number If you focus on commercial your PPP will be larger and you Magic Number will be smaller This should be your goal per month Means you need to write 2 policies per day to meet your goal of 40 ish policies per month Means you need to talk to 6 people per day about insurance to close 2 for each of the 20 working days in the month. If you double your efforts and talk to 12 people per day Close 4 per day You could earn $15k per month This doesn't even include renewals or broker fees Balls in your court --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 38 – Money Making Activities Part 3 Sep 07, 2018
    Show notes

    In this episode we continue our discussion on the money making activities that you should be focusing your attention on. You spend a lot of time in your business doing the busy work and convince yourself that you are in fact working. Truth is, just because you are busy does not mean you are productive of making money. Focus your efforts on the things we discuss on this podcast episode and you will see your bottom line increase. As always, join the conversation on Facebook @SiasFirst or go to our website to get your free coaching call www.SiasFirst.com. Music by www.bensound.com. Show notes Money-making activities PC Kruizers Failure: Customer follow-up We didn’t adapt to the changing tech landscape We didn’t follow up with existing customers Satisfaction Surveys Referrals Money-making activities (per Tim & Julie Harris): Lead generation Meet 5 new people daily Networking events Meetup Charity Educational Speaking engagements (you present) Figure out how to reach your potential clients (without buying leads) Real Estate FSBO/Expired Listings Door-knocking MCC tell us about your business Grocery shopping Social events Church Happy hour Birthday parties Neighbors Gym Don’t eat lunch alone Talk to them about your business FORD Family Occupation Recreation Dreams Make 5 phone contacts daily Circle of Influence Existing/Previous clients Fanatical Prospecting by Jeb Blount Always prospecting Keeping the pipe full Keep records of your list 90 day rule Stop selling in December hurts in February ABC - Always Be Closing Follow-up This is where businesses often fail 85% of the business is earned after the 5th follow-up Newest listing after 4 calls and 3 text messages and 2 voicemails. Be consistent Follow up monthly, every other month Tell them how you will follow up and do what you say Objective is to set appointments Appointments are scheduled to present and close Prequalify clients to identify their needs Needs vs Wants Spend your time with the needs You are there to be of service, so find out the best way to help Presenting Meeting with clients Have a presentation ready AVOID POWER POINT Find out what their greatest concerns are right off the bat Present to their greatest concerns Negotiating Be of service to others Often you are representing the customer or their needs Insurance agent: best coverage and price Real Estate agent: best price and terms Taxes: best strategies to legally pay minimum tax Negotiate in the best interest of the customer Closing Ask for referrals Within 30 days, follow-up again, show you care Referrals The work we don’t want to do Cold calls (lead generation) Follow-up calls (continued relationship) Ask for what you want (referrals) Do the work! Nothing is handed to you, you have to work Working is NOT listening to podcasts! Work is WORK, the stuff you don’t want to do You are a Salesperson! Productive vs Busy --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 37 – Money Making Activities Part 2 Sep 06, 2018
    Show notes

    In this episode we continue our discussion on the money making activities that you should be focusing your attention on. You spend a lot of time in your business doing the busy work and convince yourself that you are in fact working. Truth is, just because you are busy does not mean you are productive of making money. Focus your efforts on the things we discuss on this podcast episode and you will see your bottom line increase. As always, join the conversation on Facebook @SiasFirst or go to our website to get your free coaching call www.SiasFirst.com. Music by www.bensound.com. Show notes Money-making activities PC Kruizers Failure: Customer follow-up We didn’t adapt to the changing tech landscape We didn’t follow up with existing customers Satisfaction Surveys Referrals Money-making activities (per Tim & Julie Harris): Lead generation Meet 5 new people daily Networking events Meetup Charity Educational Speaking engagements (you present) Figure out how to reach your potential clients (without buying leads) Real Estate FSBO/Expired Listings Door-knocking MCC tell us about your business Grocery shopping Social events Church Happy hour Birthday parties Neighbors Gym Don’t eat lunch alone Talk to them about your business FORD Family Occupation Recreation Dreams Make 5 phone contacts daily Circle of Influence Existing/Previous clients Fanatical Prospecting by Jeb Blount Always prospecting Keeping the pipe full Keep records of your list 90 day rule Stop selling in December hurts in February ABC - Always Be Closing Follow-up This is where businesses often fail 85% of the business is earned after the 5th follow-up Newest listing after 4 calls and 3 text messages and 2 voicemails. Be consistent Follow up monthly, every other month Tell them how you will follow up and do what you say Objective is to set appointments Appointments are scheduled to present and close Prequalify clients to identify their needs Needs vs Wants Spend your time with the needs You are there to be of service, so find out the best way to help Presenting Meeting with clients Have a presentation ready AVOID POWER POINT Find out what their greatest concerns are right off the bat Present to their greatest concerns Negotiating Be of service to others Often you are representing the customer or their needs Insurance agent: best coverage and price Real Estate agent: best price and terms Taxes: best strategies to legally pay minimum tax Negotiate in the best interest of the customer Closing Ask for referrals Within 30 days, follow-up again, show you care Referrals The work we don’t want to do Cold calls (lead generation) Follow-up calls (continued relationship) Ask for what you want (referrals) Do the work! Nothing is handed to you, you have to work Working is NOT listening to podcasts! Work is WORK, the stuff you don’t want to do You are a Salesperson! Productive vs Busy --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 36 – Money Making Activities Part 1 Sep 05, 2018
    Show notes

    In this episode we talk about the first money making activity, lead generation and the importance of keeping your pipeline full. We drill down on the important reason to prospect and discuss some important concepts from Jeb Blount's book Fanatical Prospecting. We give you some great ideas on where to prospect and share a script that you can use to help you generate more leads. If you are interested in hearing more about this topic or you want to schedule your free coaching call go to our website www.SiasFirst.com or join the conversation on Facebook @SiasFirst. Music by www.bensound.com --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 35 – Top 5 things holding you back Sep 04, 2018
    Show notes

    In this episode we look at the top 5 things that hold you back from increasing your bottom line. These 5 things are essentially the same things that hold you back from achieving many of the goals you set out for yourself in both your personal and financial life. By sharing these top 5 things we hope to empower you to push through and use the tools in our Money Coaching Club to help your finally reach the goals you set out to reach. You can schedule your free coaching call on our website www.SiasFirst.com or join the conversation on Facebook @SiasFirst. music by www.bensound.com --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 34 – What does Netflix cost? Aug 31, 2018
    Show notes

    In this episode we exam the actual cost of Netflix. We talk a little bit about Disney's hunt for the streaming service and how the 2 giants will battle it out. We then take a look at how Netflix affects you day to day and year to year. Join us in the conversation, we would love to hear what you think about this topic and how much you watch on Netflix. Follow us on Facebook @SiasFirst or go to our website www.SiasFirst.com. Music by www.bensound.com #SiasFirst #Business Bros #PassiveIncome #GetRichSlow #QuitMyJob #Business #RealEstate #Netflix #Disney #BingeWatch --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 33 – You claim you want passive income Aug 30, 2018
    Show notes

    In this episode we break down what it really takes to build passive income. We all have 24 hours in a day and yet some people are much more successful than others. Why is that? What are you willing to do on a daily basis to get to your goal and earn passive income? Work is the only real way to achieve long term ever lasting success. Join the conversation on Facebook @SiasFirst or on our website www.SiasFirst.com music by www.bensound.com #SiasFirst #Business Bros #PassiveIncome #GetRichSlow #QuitMyJob #Business #RealEstate --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 32 – Money Coaching Club Aug 29, 2018
    Show notes

    In this episode we talk about the key qualities of a good coach. We help cut to the core on what a good coach will help you do in your personal or financial life. We then share with you what you can expect from our coaching program and offer you the opportunity to schedule your free coaching call. Join the conversation on Facebook @SiasFirst of request your free coaching call on our website www.SiasFirst.com. Music by www.bensound.com --- Support this podcast: https://anchor.fm/businessbrospod/support


    Business Bros – Episode 31 – Why you got into business in the first place Aug 28, 2018
    Show notes

    In this episode we talk about that feeling you got the first time you ever made a sale. We discuss why you are so scare to leave your job and the main reasons that are holding you back. We then discuss ways to get over those fears with an action plan. The better you learn to to be of service to other people, the higher the probability that you will be successful and our Money Coaching Club can help you define your goals so that you can reach them. Join the conversation on Facebook @SiasFirst or go to our website www.SiasFirst.com and request your free coaching call. Music by www.bensound.com --- Support this podcast: https://anchor.fm/businessbrospod/support


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