As a business owner, I know that you’re always looking for new and better ways to refine your growth.
On today’s episode of the Tom Ferry Podcast Experience, I share a vital snippet of this year’s Success Summit, where I talk about the 8 Drivers of Geometric Business Growth.
I highly encourage you to pick two or three strategies and start incorporating them to your business model.
It’s great to experiment and see which of these 8 drivers work and what doesn’t work for you.
If you want to know more, then check out my Summit Insider post where I go a bit further on these drivers and take the next step, get LiveCast where I go more in-depth on these business-boosting drivers.
In this episode we talk about…
0:53 – Start on Tom’s assignment of creating a repeatable and scalable process to attract clients everyday
1:40 – Tom explains the Five to Thrive strategy
2:11 – How BIG is your geo-farming and how many transactions are you doing?
4:39 – Are you adding enough people to your database and nurturing them?
6:26 – If you’re not sharing your knowledge and your personality through videos – you need to start ASAP!
8:26 – You have to know where you’re concentrating your money, time, and energy in the TOFU, MOFU & BOFU
8:51 – If you want more referrals, you have to increase the frequency and size of generating them
10:22 – Many agents are getting their butts kicked with their retained average commission percentage
12:00 – “A team out produces an individual.”
14:06 – If you’re super ambitious, then you can align that with your team!
14:55 – Penetrate new markets by providing different services.
16:55 – You need to have at least 50 agents on your radar to buy and fold in their database