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Instructor's Notes Introduction: The Power of One
11/22/2018 Lead Generation 36:12:3 Introduction: The Power of One © 2007 Keller Williams Realty Inc.
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The Power of One In this session … Introduction
Instructor's Notes 11/22/2018 The Power of One In this session … Introduction “The Power of One” by Gary Keller The 9 Myths and Truths of Lead Generation The 36:12:3 Challenge The Real Estate Productivity Roller Coaster To Be Wired to Win, You Must Be Wired for Leads Training, Implementation, and Accountability Putting It All Together Page 1 © 2007 Keller Williams Realty Inc.
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Introduction Ground Rules Arrive on time. Form groups quickly.
Instructor's Notes 11/22/2018 Introduction Ground Rules Arrive on time. Form groups quickly. Limit side conversations. Turn off cell phones and pagers. Be comfortable. Respect time. Respect each other. Help each other. Respect confidentiality. Have fun! Page 3 © 2007 Keller Williams Realty Inc.
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Introduction How You Will Learn Learning Methods Manual Classroom
Instructor's Notes 11/22/2018 Introduction How You Will Learn Learning Methods Manual Models/Systems Exercises/Discussion Stories Classroom PowerPoint slides KWConnect videos Classmates/Instructor (continued) Page 4 © 2007 Keller Williams Realty Inc.
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Accountability Feedback Loop
Instructor's Notes 11/22/2018 Introduction How You Will Learn Accountability Methods Lead Generation Action Plan Accountability Partner/Program 1. Set Goals 2. Do Key Activities 3. Measure Results 4. Evaluate Process 5. Make Adjustments Accountability Feedback Loop Page 4 © 2007 Keller Williams Realty Inc.
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Are you ready? Let’s get started!
Instructor's Notes 11/22/2018 Introduction Why You Are Here Avoid the Real Estate Productivity Roller Coaster Commit to focusing on one thing—lead generation Challenge yourself The Goal = 36 closed transactions The Time = 12 months The Habit = 3 hours every workday on lead generation Are you ready? Let’s get started! Page 5-6 © 2007 Keller Williams Realty Inc.
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Lead Generation 36:12:3 Course Map
Instructor's Notes 11/22/2018 Introduction What You Will Learn Lead Generation 36:12:3 Course Map You are here! Page 7 © 2007 Keller Williams Realty Inc.
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Introduction What Will Make This a Great Training Experience Page 8
Instructor's Notes 11/22/2018 Introduction What Will Make This a Great Training Experience (continued) Page 8 © 2007 Keller Williams Realty Inc.
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Introduction Help us help you! How?
Login to the KWRI Intranet White Pages ( Update your profile with your 36:12:3 start date feedback to Why? KWRI and KWU want to reward you, recognize you, and gather research on how to improve the course! Page 8
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“The Power of One” by Gary Keller
The Power of One achievement formula is based on The Principle of Greatest Leverage The Timeless Truth: One Thing Begets Another Achievement The Power of One Principle of Greatest Leverage Timeless Truth: One Thing Begets Another Page 9
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“The Power of One” by Gary Keller
The Principle of Greatest Leverage When you focus on the activities that really matter (instead of the 80% that don’t), your chances of success will increase significantly. Page 10
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“The Power of One” by Gary Keller
One Thing Begets Another Once you master one thing, it makes achieving mastery of the next related thing easier. By doing the right things first, you create momentum in your life and in your business. This truth explains why “the rich get richer” and “the poor get poorer.” Page 11
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“The Power of One” by Gary Keller
Think about the Power of One as applied to bowling … or dominoes … 2 3 1 4 5 6 7 8 9 10 1 2 3 4 5 6 7 8 9 10 Page 12
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“The Power of One” by Gary Keller
What’s Under the Hood Question What’s “under the hood” of a great real estate career that keeps it successfully running and running and running? Answer Lead Generation Page 13
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“The Power of One” by Gary Keller
How does the Power of One relate to Lead Generation 36:12:3? One Goal One Discipline One Habit 36 Transactions in 12 Months Lead Generation 3 Hours Every Workday If this course helps you establish the One Habit—3 hours of lead generation each workday—then it will likely be the most important real estate course you’ll ever take! Page 14
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“The Power of One” by Gary Keller
Time on the Task over Time What’s the deciding factor in becoming the best? Talent? Intelligence? Motivation? Personality? Effort! The Performance Formula of Champions: Consistent time put in on a specific task over an extended period of time. Page 15
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“The Power of One” by Gary Keller
Time on the Task over Time 36:12:3 is your formula for success “3” is the most important number Commit to 3 hours of lead generation a day Commitment to the single most important business outcome and number one priority for any real estate agent—buyer and seller leads! Page 16
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The 9 Myths and Truths of Lead Generation
There are a few tightly held misconceptions about lead generation that we need to put behind us … Page 17
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The 9 Myths and Truths of Lead Generation
Not all leads are good leads. Truth There are no bad leads in real estate—they’re just not all equal. Page 18
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The 9 Myths and Truths of Lead Generation
Lead generation is really hard. Truth Lead generation is really simple and easy—so be careful that you don’t confuse effort with enjoyment. Page 19
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The 9 Myths and Truths of Lead Generation
I’m too busy; I don’t have time. Truth It’s not an issue of having time—it’s an issue of making time. Page 20
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The 9 Myths and Truths of Lead Generation
I don’t have to lead generate. If I do a good job, people will just come to me. Truth You do have to lead generate. Some people will find you, but not enough or soon enough. Page 21
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The 9 Myths and Truths of Lead Generation
I can’t lead generate because I don’t know what to do, and I don’t know what to say. Truth Lead generation is a set of tasks and skills that are well understood and easily learned. (continued) Page 22
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The 9 Myths and Truths of Lead Generation
I don’t need to lead generate— I have enough business. Truth You do need to lead generate— there is no such thing as too much business. Page 22
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The 9 Myths and Truths of Lead Generation
I don’t have anyone to help me do everything that must be done. Truth When you get enough of the kind of leads that turn into closings, you will be able to afford all the help you’ll need. (continued) Page 23
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The 9 Myths and Truths of Lead Generation
I don’t have the money to lead generate. Truth Lead generation doesn’t have to cost money. Page 23
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The 9 Myths and Truths of Lead Generation
I can’t lead generate because I’m not a natural lead generator. Truth No one is truly a natural lead generator—everyone must master the skills. Page 24
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The 36:12:3 Challenge Your challenge is to Close 36 transactions
In 12 months By spending 3 hours every workday on lead generation Question What can I spend 3 hours doing every day that will do more to build my business than lead generation? Page 25
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The 36:12:3 Challenge Let’s break down 36, 12, and 3 …
The Goal: 36 Transactions Don’t settle for average The only way to not be average and not have an average real estate career is to consciously decide not to! (continued) Page 26-27
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The 36:12:3 Challenge The Goal: 36 Transactions
Make money and be profitable Build a solid foundation for your career Help families buy or sell Know what lead generation activities you do well and which you need to work on Establish skills and habits Gain respect and recognition Earn the $ and right to hire an exec assistant Page 27
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The 36:12:3 Challenge EXERCISE What Does 36 Mean to You?
What will 36 transactions mean for your GCI? How will this change your life and your career? What will you be able to do for yourself and for others? Time: 5 minutes Page 28
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The 36:12:3 Challenge The Time: 12 Months
Growing a strong, successful business usually takes a little time Consistent, focused lead generation can get you to 36 transactions in one year See the story of the Chinese Bamboo on page 29. Page 29
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The 36:12:3 Challenge The Time: 12 Months Debbie Zois Brad Korn
“Whatever you do for lead generation, you need to be consistent with it and just not give up.” Brad Korn When you fumble, don’t just “drop the whole thing and quit.” Get organized and stay in it! Page 30
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The 36:12:3 Challenge The Time: 12 Months Unrealistic Realistic
Results See Gary’s story on page 32. Time Page 31-32
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The 36:12:3 Challenge EXERCISE Where Are You Today? Time: 5 minutes
How many transactions are your currently averaging a year? What lead generation activities have you tried? How many names are in your contact database? How often do you touch the contacts in your database? How many hours do you consistently spend on lead generation each day?... each week? What would you change about your current lead generation activities? Time: 5 minutes Page 33
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The 36:12:3 Challenge The Habit: 3 Hours a Day
It all begins with a single high-achiever habit: the habit of lead generating 3 hours per day, every workday. More than 150 successful agents interviewed about their lead generation habits. Time block your 3 hours before noon, when possible. Page 34
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The 36:12:3 Challenge The Habit: 3 Hours a Day
You’re going to get really good at lead generation over time! Make your 3-hour commitment a part of your daily routine—like brewing coffee. How do you like Jama Fontaine’s Java Plan? Adopt a new attitude: “I’m a lead generator before anything else and above all else.” Page 35
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The 36:12:3 Challenge The Three 3-Hour Lead Generation Rules
Time block 3 hours every workday before noon. No skipping. If you must erase, then you must replace. Allow no interruptions (unless real emergencies) Page 36
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The 36:12:3 Challenge The Habit: 3 Hours a Day Chris Heller
Let everyone know your schedule, so they will respect it Treat the time like any other appointment—no interruptions Remove distractions “The discipline is just a habit … a habit that gets created.” (continued) Page 37
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The 36:12:3 Challenge The Habit: 3 Hours a Day Richard Bass
Don’t spend “too much time getting ready to get ready” “Get out there and meet somebody” Getting face-to-face with people is productive lead generation Thinking about it is unproductive procrastination Page 37
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The 36:12:3 Challenge Tie the Effort to the Outcome
Predictable Effort (3 Hours) Predictable Outcomes (Leads) Closed Business Income! Boredom Excitement! Page 38
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The 36:12:3 Challenge Work with Focus Mike Mendoza
Better time, not more time. The 3-hour habit means getting more for less. Mike Mendoza “What am I going to do today to make money in real estate?” Don’t get lost in the details or get overwhelmed …thinking about 36 transactions. Focus on today; then do it again tomorrow! Page 39
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The 36:12:3 Challenge Work with Focus Can you really multitask?
Definition of Focus 100% Focus on One Task 50% Focus on Each of Two Tasks 25% Focus on Each of Four Tasks Think of your 3-hour daily habit as your time for monotasking … or “priority tasking”! (continued) Page 40
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The 36:12:3 Challenge DEMONSTRATION Multitasking vs. Priority Tasking
Let’s have two volunteers for this demonstration. Watch. What were your aha’s? Time: 10 minutes Page 40
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Focus + Intensity = Results
The 36:12:3 Challenge Work with Intensity Focus + Intensity = Results Do you know how to channel and apply the intensity required to see the results you want? Think about the intensity surgeons bring to their work, gymnasts to their sport, … gamers to their play, painters to their art … Page 41
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The 36:12:3 Challenge EXERCISE What does intensity look like for you?
Think about an aspect of your life that requires intensity. Make notes about the environment, your behavior, emotions, thoughts, triggers. Share with the class. Time: 5-10 minutes (continued) Page 42
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The 36:12:3 Challenge EXERCISE Question
Now, how will you bring this same focus and degree of intensity to your 3 hours of lead generation every workday? Page 42
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The 36:12:3 Challenge The Anatomy of 3 Hours— What to Do in Your 3 Hours Dianna Kokoszka “You’ve got to get into action. If you spend 3 hours a day on the MLS or tinkering with your database, you are not actively lead generating. You’re kidding yourself.” Pre par e Take Action Mai ntai n Page 43
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The 36:12:3 Challenge The Anatomy of 3 Hours— What to Do in Your 3 Hours Lead generation is about both prospecting (seeking) and marketing (attracting) business. What will be your Prepare-Take Action-Maintain activities if you are prospecting for business? What will be your Prepare-Take Action-Maintain activities if you are marketing for business? Page 44
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The Real Estate Productivity Roller Coaster
The Agony and the Ecstasy Caution! Inconsistent lead generation leads to the Real Estate Productivity Roller Coaster. You must consistently lead generate while you are servicing the leads you have. Page 45
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The Real Estate Productivity Roller Coaster
How to Get Off the Roller Coaster Page 46
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The Real Estate Productivity Roller Coaster
How to Get Off the Roller Coaster Gary “Do you have enough leads that if you close them properly you’d be reaching your goals?” “You know what to do. Now go do it. Go lead generate.” Bruce Hardie He got back to the basics of lead generating on a daily basis. He listened to the wake-up call and got remotivated. Page 47
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The Real Estate Productivity Roller Coaster
Continuous Lead Generation It’s the difference between seeing lead generation as a set of single activities or events and seeing it as a discipline and as a mindset. Truth Market shifts should not have much of an impact on your lead generation program—unless, that is, you don’t have one! Page 48
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To Be Wired to Win, You Must Be Wired for Leads
Are You Wired to Win? John Maxwell “How people see failure and deal with it—whether they possess the ability to look beyond it or keep achieving—impacts every aspect of their lives.” Being “wired to win” means putting failure in perspective and adopting a mindset of achievement and success. Page 49
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To Be Wired to Win, You Must Be Wired for Leads
Are You Wired for Leads? A successful sales career is almost always defined by a long succession of “No’s” before you ultimately get to a “Yes.” In the discipline of lead generation, winning is having a rich pipeline of quality buyer and seller leads. Wired to Win in Real Estate = Wired for Leads (continued) Page 50
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To Be Wired to Win, You Must Be Wired for Leads
Are You Wired for Leads? The Millionaire Real Estate Agent tell us that we are in two businesses: The real estate business The lead generation business Pat Hiban “Your job is to be a lead generator—because you can’t be a Realtor without being a lead generator.” Page 50
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To Be Wired to Win, You Must Be Wired for Leads
Is Your Definition of Lead Generation Holding You Back? Limiting Belief Lead Generation = Prospecting = Cold Calling = Rejection Unlimiting Belief Lead Generation = Business Relationship Building = Opportunity = Financial Independence Page 51
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To Be Wired to Win, You Must Be Wired for Leads
The Four Goals of Lead Generation Build a Relationship for Future Business and Referrals Get an Appointment for Business or or Get a Referral and Increase Your Mets Page 52
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To Be Wired to Win, You Must Be Wired for Leads
So, Where Do You Find Leads? Leads are everywhere and ready for the picking! If you don’t go after them, someone else will! In a large group of adults, approximately 8-12% will need a real estate agent this year. Ask: “What is the relationship opportunity here?” Buyer? Seller? Future customer? Referral source? Dick Dillingham “Who will I find today?” “He’s going to be the next entry in my database!” Page 53-54
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Training, Implementation, and Accountability
Together … training, implementation, and accountability will move your career to the next level! Attend your 36:12:3 training! Get out and implement what you have learned—beginning tomorrow morning, commit to 3 hours of lead generation every workday. Get into an accountability relationship to help you measure your results and continue to build great skills and habits. Page 55
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Training, Implementation, and Accountability
Lead Generation Training A Brief History of Lead Generation Training Page 56-57
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Training, Implementation, and Accountability
Lead Generation Training Let’s take a look at your Lead Generation 36:12:3 Training Program Page 58
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Training, Implementation, and Accountability
5 Foundational Sessions Introduction: The Power of One Power Session 1: Building Validity & Positioning Power Session 2: Prospecting Power Session 3: Marketing Power Session 4: Leveraging a Powerful Contact Database Page 59
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Training, Implementation, and Accountability
5 Tactical Sessions (“the columns”) Power Session 5: Working with Mets Power Session 6: Farming Power Session 7: Open Houses Power Session 8: FSBOs & Expired Listings Power Session 9: Agent-to-Agent Referrals Page 60
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Training, Implementation, and Accountability
An Essential Support Session (“the support beam”) Power Session 10: Lead Conversion The Crowning Session (“the pediment or roof”) Power Session 11: Living Your Goals Page 61
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Training, Implementation, and Accountability
Implementation of Lead Generation 36:12:3 Carol Royse “The biggest mistake I made … was that I tried to do everything…. I spent way too much money, way too much time…. my career didn’t take off like it should have.” Select up to 3 lead generation approaches to implement, assess your success, then add to or modify your plan over time. Page 62
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Training, Implementation, and Accountability
Implementation of Lead Generation 36:12:3 Smokey Garrett “If you have a day where you have a closing …, it’s not from anything you did on that day.” It’s the result of your earlier lead generation efforts. Page 63
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Training, Implementation, and Accountability
Implementation of Lead Generation 36:12:3 Remember Time block 3 hours every workday True success is a function of time on the task over time Immediately implement what you learn from 36:12:3 training. Start the very next morning! Help us to help you! Log your start date on the KW Intranet. Page 63
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Training, Implementation, and Accountability
Your Lead Generation 36:12:3 Accountability Program “If it’s to be, it’s up to thee. If it’s more you want, be accountable to me” Find an accountability partner Meet in regular minute sessions Be held accountable to your training, to your 3-hour daily habit, to your lead generation activities, and to your production goals Page 64
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Putting It All Together
Truth Do the right continuous lead generation activities now, and business will ultimately show up and continue showing up. What are some of your aha’s from this session? Page 65
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Putting It All Together
Your Lead Generation Action Plan Your current numbers Your future goals Your activities to “Close the Gap” Page 66
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Putting It All Together
The 3-Hour Habit Time block 3 hours every workday before noon. No skipping. If you must erase, then you must replace. Allow no interruptions (unless they truly are emergencies). Use the calendar on page 68 to time block your lead generation. Page 67-68
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Thank You for Being Here!
Don’t forget your evaluations!
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