When Does $500 Equal $100,000

When does $500 equal $100,000? 

Your monthly rental payment goes a long way today if used to purchase a home!

Interest rates are historically low, and home prices are still well below the peak. What does it mean for you? You may be able to leverage what you are paying in rent into far more home than you might have imagined.

Taxes and insurance will vary by area, yet the guide above is a good start. Reach out, and I'll be happy to calculate how much home your rental payment could be worth.

The payments shown here are rounded up slightly. Factors: Purchase price minus 20% down payment, 30-year fixed rate loan at 4%/4.25% APR using a closing cost factor of 3% of the loan amount. Actual fees can be less. Taxes at 1.25% of value, insurance at $2.90 per $1,000 of loan amount, maintenance at 0.5% of value. Ex. $548,000 home = Monthly Principal and Interest of $2,092.99, taxes of $570.83, insurance of $105.95 and maintenance of $228.33, for a total monthly cost of $2,998.10. This is not an offer to lend nor a good faith estimate. Rates are subject to change at any time. Qualification is based on many factors including but not limited to usable income, debts, credit and the availability of funds to close.


**Reposted from www.LovettLoans.com


Getting Duplication in 4 Easy Steps

Recently I listened to a CD that reminded me again that many people are trying to get everything done by themselves.  They talk about duplicating.  They talk about building a team.  They talk about how important it is to have duplication.  

The sad fact is that most do not and will not be able to duplicate themselves UNTIL they stop doing everything for everyone.  Or, they put in place a very simple duplicable system.

By our very natures as leaders, we want it to grow and go NOW.  We know we can make it happen so we just start to out work it. More time and more results but it's all about our work ethic and not about finding others.  

First of all, make sure that you have in place a system that ANYONE can duplicate.  We teach showing a video to someone showing the plan because it is so easy to duplicate.  We teach going to the events since ANYONE can show up.  We teach Showing the Opportunity, STP,  2 - 3 a week - every week regardless if a prospect says yes or no. We teach listening to a CD everyday so we keep ourselves motivated and educated.  We teach using your own product basically because it just makes sense.

That's a simple system. 

 I believe most people do want to duplicate but oftentimes we make the process so complicated they just don't know what to do.

There are some steps that will help but prior to using these steps, make sure that the people that you want to duplicate you really are wanting to duplicate you.  Not everyone really wants to duplicate or even build the business.  They may just want to use the product.  

By following these steps with everyone on your team you'll quickly discover the people that want to duplicate.

It's about duplication.  It's about other people following the same pattern.

The 4 easy steps boil down to just simple steps:  Tell, Show, Watch and Go!  Let's say you want to have more duplication on people showing the opportunity by themselves.  Let's walk through it quickly:

1.  Tell:

Teach them your STP process with a very simple outline.  Tell them what you are going to do on an appointment, what is going to happen, what they would be watching and what order you are going to do the presentation. 

2.  Show

Actually, go with them on their first TWO appointments and do the entire presentation yourself with them being totally quiet.  All you want them to do is observe.  

3.  Watch

On the Third appointment, have them do the first half of the presentation and you do the second half (that way you can clean up any thing that was messed up).  On the fourth appointment let them do the entire appointment.  You can evaluate later on the way home but you keep quiet during this one. 

4.  Go

Go downline, go wide or go to another new person and repeat the steps.  Just go!  If you have trained them properly, they should be fine.  I usually will be available for 3 ways or followups but not for showing the plan.  They know what to do and it's time for them to go and do it!

It's not easy leaving them.  It's not easy moving on.  You want to help but the problem is that if you are doing everything for them, why do they need to learn?  I have had to pull back on several occasions when I realized that the group was relying on me to do everything.  Just disappear! Go.

Tell, Show, Watch and Go!





How To Get Started … Again!

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How To Get Started----Again!

Interesting that many start off the year with a brand new enthusiasm to really get their business moving and just a couple of months in they are already busy doing everything but their business.  

So what happened?   How do we get back on track?

Here are a few simple action steps you can do to turn that around.

1.  Go back to basics. 

That’s right, the basics always work.  Start off by making that list.  Look at your phone contact list.  Pull out the Christmas card list.  Is there someone in your office you can talk to?  How about that neighbor?  

Just put down about 10 or 15 names and numbers. 

2.  Pick up the phone.

Forget all the high tech procedures.  You don’t need a formal meeting.  Turn off you computer for a moment.  Call someone or if you must – text someone.  Invite them to coffee or lunch or breakfast.  Set up an appointment to get with them.  It doesn’t have to be a long drawn out invitation.  Just say let’s get to together and catch up.

3.  When you are with anyone, tell them.

Just bring it up.  Tell them what you are doing -.  Let them know that you have a side business.   Tell them WHY you wanted to go in this direction.  Ask them if they are looking or if they know anyone that is looking.  Give them a quick 5 min overview.  Explain just a little to see if there is any real interest.  Leave a CD or DVD or some literature with them.  If there is interest – book another appointment!

3.  Up the frequency and do a little more.

Instead of doing one appointment a month go for two a week or three a week!  Up the ante with yourself.  Call, set it up and just show up.  Let your calendar dictate your actions and not your emotions.  Once you can consistently do 1 or 2 a week then move it to 2 or 3 then 3 or 4.  Get in the grove.  You’ll find out quickly that soon it will be a normal routine to be talking to 3 or 4 new people every week.  Matter of fact, it will seem strange when you are NOT talking someone. 

4.  Get inspired.

Go to a major event.  Pull out those CDs and listen to a few.  Go out to a meeting.  Look over your company’s magazine.  Get on a conference call.  Call your sponsor, your mentor or your upline.  Plug in to someone that is actually doing what you want to be doing.  Reach out to the info and you’ll quickly remember why you got started in the first place. 


That ‘s it.  Once you get into the action mode again you’ll see that you are back on track and you are starting to build your business again!  Yea!