Mistake Not Recognizing True Opportunity
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Transcript of Mistake Not Recognizing True Opportunity
Mistake
Not Recognizing True Opportunity
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Not Taking Immediate Action( Poor Time Management )
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Engaging in Misguided Action( Emailing VS. Calling )
( Carpenter Handing Out Fliers at Grocery Store )
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Not Expanding Your “Vision” 1st( Belief – Understanding – Research – Knowledge )
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Not Knowing Your “Force”( Passion – Desire )
( Doing It Just for the Money )
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Not Establishing “S.M.A.R.T. Goals”( Specific – Measureable - Agreed Upon - Reality Based - Time Based)
( Written )
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Not Creating a Business Plan( If you are not Marketing – you are NOT in business! )
( Yellow Pages – Size, Look )( Repetition - Repetition - Repetition )
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Not Developing: “Plays” & “Moves”( How many plays does the average NFL Team have? )
( How many moves and counter-moves are there in Chess? )
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Not Securing Real Commitments( Survival Mentality )
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Right Company – Wrong Time
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Not Understanding Numbers/Ratios
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“Law of Averages” Complacency
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Not Cultivating Trust & Rapport
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Acting Like a Snob (i.e. Judging)
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Not Practicing Your Skills Daily( i.e. Weekend Warrior )
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Not Protecting Your “Nucleus”
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Not Comprehending the Process( Break the Ice - Find Hot Button - Push Hot Button - Secure Commitment )
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Not Following the Steps (i.e. Order)( Break the Ice - Find Hot Button - Push Hot Button - Secure Commitment )
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Not Mastering the Invite (24)
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Not Perfecting the Follow Up (24)( 2% - 3% - 5% - 10% - 80% )
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Not Fostering (new) Friends
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Saying More - to Less People
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Not Asking Better Questions (3X)( Primary Motivating Factor )
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Not Improving & Growing
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Not Being Teachable & Open
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Letting Newness Paralyze You
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Not Managing Expectations( Why are you looking? )
( What are your expectations? )( How much do you need? )
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Not Handling Objections
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Not Connecting “the Dots”( 80 / 20 Rule )
( Costs 2X as Much to Get New Customers – Than to Maintain Existing )
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Not Making Mistakes( Failing Forward )
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Not “Building” Correctly( Organizational Structure - Placement )
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Giving Away Sponsorships( Trying to Motivate & Help Others )
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Not Maximizing Comp Plan
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Not Staying Engaged( Time Commitment )( Losing Momentum )
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Letting Others Discourage You
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Neglecting Your Local Market
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Not Re-Inventing Yourself( Business Plan – Contingency Plan )
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Not Plugging-In and Duplicating
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Doing “It” All Alone( Find Mentors – Ask for Help )
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Focusing On The “Wrong Market”( Biz Owner vs. Manager vs. Server vs. Bus Boy )
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Not Investing Enough( Money & Time )
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