What would you do with 25k to impove your producti
I just got 25 large to be used on my business as I see fit.
What would you do?
Thanks in advance
Buy subprime mortgages at a 50% discount, slice them up, put a triple A rating on them and sell to your neighbors at par. Don't thank me...
Targeted Seminars. It's the one thing that you can spend heavy money on and get a good return. If you were further in your career, I would say nice client gifts. But right now, you need more clients (you're one year in, right?). With 25K plus some subsidy from your B/D and wholesalers, you could do a 24 month cycle of high-quality seminars. Just don't blow it on office crap, literature, blah, blah.
What do you really need? Technology , staff , training what is going to pay YOUR BUSINESS the best return on your investment. A good starting point?
Rent out a movie theatre monthly.
Invite Bspears for a comedy night.
Invite Babs for a bikini contest.
How did you get this and what kind of strings are attached.
I would use a good portion of it on a targeted advertising program with flyers,postcards, letters, media advertising and other constant drip programs combined with a seminar series. That would probably use up the entire wad.
Anything left over....buy scotch......good scotch.
Find a good coaching program. I would recommend BAI (Bachrach's Values based Financial planning). Strategic Coaching is supposed to be really good too.
Actually, I would get EVERY single investor you could find between the ages of 45-65 with over $100k or whatever minimum you want to set and fly in Nick Murray for one of his "Promised Land" hour long speeches.
It costs about $10,000 plus first class airfare and 4 star hotel stay if necessary to bring him out. If you did this, send me an invitation too, I love listening to him.
Thanks that’s good info. We have some programs that my firm WB has that is pretty turn key. Yes Im the 1 year in. Today is the last day of my first year.
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I was thinking of doing the sandler school but the closest is a 3 hour Dr. I do a lot of option and was going to get Tony Saliba’s course and maybe go to one of the Rainmaker seminars.
I got it as a production reward. No strings no taxes but must be used only for business. Sounds like you and B24 think the same.
I would be all over that as our ‘training’ dept at the home office is a one pony show pretty much.
Snaggs how goes it?
Thank you all for your input
Gaddock glad to assist. On Sandler ( the franchisee in my city ) very successful and does extensive training for a host of subjects on sales and marketing.
Here are some of the top coaching programs:
http://www.strategiccoach.com/ Strategic Coaching
http://www.baivbfp.com/ Bachrach & Associates (BAI)
http://oechsli.com/ Oechsli Institute
http://www.joinpeak.com/ Ron Carson - Peak Productions
http://ww3.paretoplatform.com/ Pareto Platform
If you are serious about a coach, I would think one of these companies can help you out. Some of these you can pay by the month ($300 - $2000/month), or by the service/module.