If you haven’t figured it out by now, setting goals isn’t all that
hard. It can be challenging to set them because it takes a you
out of your comfort zone for a little while.
Let’s be honest though, how many people do you know that set goals
and got excited for a minute and fell right back into their
old set of habits willingly accepting failure before they even
started the journey??
We all know some folks like that.
Now, I’m no goal setting guru but I’ll share what has worked and
continues to work for me.
I set milestones for my goal and implement a Daily Routine
that gets me closer to that goal.
Let me quickly illustrate:
If I had a goal to purchase an $85,000 Porsche Panamera
in 12 months, I would need a solid 12 month goal to attain
First, I would decide how much money I needed to save for the
down on that car. Lets say I wanted to put $10K down, That means
every month I would need to set aside $833.00 to hit that $10K mark.
Second, I would need to figure out how much income I
would need to be earning in 12 months in order to afford
the monthly payments on that car.
Let’s say that the monthly is $825 a month and I’m already
struggling as it is to make my $200/mo. current car payment,
I’d need to figure out a way to be earning an extra $625
Now, here’s where I break it down to the daily operation:
1) Every 24 hours I need to set aside $28 up until D-Day
(when the purchase is made)
2) I need to figure out how to make an extra $21 every day
over & above my current income. That’s $145/wk extra.
3) If I got paid $130 for recruiting a brand new promoter / distributor
for my company and $15 for a customer, I’d be right on the money
if I recruited 1 new promoter and 1 new customer EVERY WEEK.
Luckily, in Network Marketing we are able to create compounded residual
income so if I built myself up to a “Director” in my company, I’d be able
to pay that extra $500-$800 a month given I maintain my rank.
I would then break down my “Operation Number”. That number relates into
how many people I would need to approach, send information, and follow up
with on a daily / weekly basis to hit my 1 & 1 goal. 1 Promoter a week,
1 Customer a week.
Now, I can very safely say… If someone is brining 1 new Executive Promoter
and 1 new Customer every single week (4 new promoters / 4 new customers) in
12 months in my company that person is easily at the $2,000-$3,000/mo.
residual income level.
Back to the illustration, if I need to talk to an average of 25 people
in order to recruit 1 new promoter that means I need to talk to 5 new
people every day (If I work my business 5 days a week).
If I can only work my business 1 hour a day… I need to be making 10-15
phone calls in order to be ACTUALLY TALKING to 5 people.
Here’s my schedule
Monday: Job 9am-5pm
Business Prospecting: 5:30-6:30
Prospecting Goal: Expose 5 people to my business.
Savings Goal: Save $28 (Transfer into Bank Account)
Tuesday: Same thing.
Wed: Same thing.
Thurs: Same thing.
Friday: Same thing.
Saturday: OFF JOB / OFF BUSINESS ($28 Saved)
Sunday: OFF JOB / OFF BUSINESS ($28 Saved)
12 months later… you are sitting in your Porsche Panamera
$10K down, and $2K-$3k monthly commissions rolling in.
This is pretty similar to what these 200 Network Marketers
did over a 100 year run. Check it out here…
There you have it!