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February 2006 Online Newsletter

 

Letter From a New Business Owner

and the Bob Giddens Answer

 

 

1/31/2006

 

I have had my Business Owner's Kit for a while now and am looking to get some help creating a plan to pay for all my dental work and make a whole bunch of money too!! Can you help?

 

I just received the quote from Shands College of Dentistry. Within a one year period, they plan on doing a complete rebuild on my mouth. They need $10,000 for a down payment which I will put on the credit card and start to go farther in debt. $30,000 is the total at this point.

 

In addition, I want to put $100,000 plus in the bank after paying down all my debt.

 

Bottom Line, I need a plan and don't know where to begin. Any suggestions?

 

 


 

Dear Art and all ChippyNews.com readers:

 

Yes, I have some suggestions!

 

For starters, listen to Larry & Eileen Miller's training call about selling.

http://playaudio-123.com/play.asp?m=23793&f=CTZYYC&ps=7&p=1

 

Art, my game plan would go like this:

 

1. I will have a Selling Plan, a Network Building Plan and a Self Development Plan.

 

2. My Selling Plan depends on my skill as a salesperson. Bob Giddens set a goal to average one "placement attempt" per day. This resulted in 3 sales per month, about $900 profit per month. Michael Church is making about 20 sales per month, about $6,000 profit.  http://playaudio-234.com/play.asp?m=266616&f=HWBQJH&ps=7&p=1 

Upon first seeing the sales plan, Bob Giddens was apprehensive about the 1,000 PQV requirement a Manager has each month. "Once I make Manager, how much pressure will be on me to order and sell 4 air purifiers every month?" He quickly figured out that he could "move" those units (as opposed to "sell" those units) as part of his recruiting plan. When giving demo units to business prospects he said, "Here's they way my demo offer works: This is a brand new machine. If you love it and decide to come into the business, you are going to buy this unit from me in addition to whatever starter order you choose. That's the basis on which I am sending this unit to your home. I'm going to recommend that you adopt this same policy as you recruit. Is this agreeable to you?" Bob and other top leaders also "move" units by recruiting local people who want to make occasional sales from the leader's inventory. The local guy gets instant availability of product and profit from selling; the leader gets the QV.

 

 3. Now for my Network Building Plan:

 

(1) To make Manager I need 4 Strong Legs. This "doubles" to 8 Strong Legs -- see item (15) -- very important. It is also important that some of these Legs need to be based at least 50 miles from where I live. Leaders tend to take on more responsibility when they are in their own area.

 

Intuitively, many people think it is an advantage to live near one's sponsor. This is exactly backwards. Consider how well Michael Church is doing (recording from above). He said words to this effect: "I think I would have gotten off to a faster start had I lived near my sponsors, Chris & Ted Belz, in Florida." We'll never really know, Michael, but Bob Giddens thinks you grew quickly into being your own man -- your own thinker, planner, problem solver, meeting giver, etc. -- for the precise reasons that you were out on your own.

 

(2) To get 4 Strong Legs I (probably) need to recruit 20 people. This "doubles" to 40 -- very important.

 

Bob Giddens suggests that you incorporate most of these techniques into your plan. [a] Make a Master List of all people you know in the world (see Spiral Notebook Plan), [b] Make a Six Most Wanted List from the Master List, [c] Make a Bob Giddens Leg Chart (see Bob Giddens COW, centerfold -- be sure to UPDATE your Leg Chart often -- the mental gymnastics are important), [d] Make a Cadle McEachin Leg Chart (see Bob Giddens COW, centerfold), [e] Make a Geographical Expansion List (list the cities and regions where you want to expand your group), [f] Make an Occupational Target List (Bob's initial list said MLMers, airline pilots, MLMers, real estate agents, MLMers, carpet cleaners, MLMers, etc. -- his emphasis came true), [g] Read Guaranteed Prospects and Guaranteed Sales by Mike Jackson, [h] Read Fish Food by Bob Giddens and Doug Jackson, [i] Listen to the company Conference Calls  (I don't want you to be a Conference Call junkie -- don't think you are "doing the business" if listening to calls is all you do), [j] Use all available meetings that will further the growth of your plan, [j] Use the Chippynews.com website and your own company websites, [k] Attend a Success Institute as early as you can in your career, and [l] Revisit and update your goals as the months go by.

 

(3) I don't know if this will take a month (if I am the luckiest man on earth) or a year (this is more likely -- leaders are hard to nail down). However long it takes, I am committed to this goal. I will use multiple techniques in an effort to cover the most ground and discover my fastball.

 

(4) I will attempt to help each recruit become a Leg Leader by advising him or her to adopt goals that are similar to these. For a time, I will treat his goals as my own. When he recruits someone with potential, I'll try to work with the lower level person in the same way.

 

Bob Giddens says, "Many of the things you do as a Leader will apply to all of your Legs. They can all read the same newsletter. They can all use the Conference Calls. They can all use chippynews.com. Multiple Legs can be represented at any meeting in any part of the country. But it is also true that each Leg has its own character. A Leader must be keenly aware of the personality of each Leader he is working with. Some need daily attention and their work declines if they do not get it. Some need to be left on their own. Check in on them but to not bug them. Some will want to follow closely in your footsteps. Others will blaze their own trail. Don't be a Mother Hen. I find it fascinating that EcoQuest is so diverse. I have James Clendenin on one side of the country, Marc Kloner on the other side, Ed Hutchins in the Northeast, Kristin MacPherson in the Midwest and John & Jo Clements in Texas. They have five totally different styles, but they are all great leaders and friends. All are interesting to work with.

 

(5) My commitments will increase geometrically until, eventually, this plan becomes impossible. So I must make a judgment call on each person to decide if he has true Leg Leader potential. For those who don't, I'll readjust my attitude toward that Leg. 

 

(6) It's a numbers game. I have to work this plan again and again until finally the leaders I need are found. These people must learn the "perpetual system" I am employing.

 

(7) Some of my leaders will not be as thorough as they should be; so I have to stay in touch with several subordinates in each Leg.

 

Down in each Leg I will try to identify some strong Leaders as set them up as Anchors. I will stay more personally involved with my Anchors (which may change from time to time) to add security to that Leg.

  

(8) The obligations are great because my objectives are great! Many times I will feel the pressure of overload. I'll keep cool and remind myself of the ultimate objective.

 

This is so crucial. Leaders in all fields carry far more of a burden than the average person would understand. They are tested over and over, and not all of them pass every test. But a leader is sustained by his or her vision, by the clarity of his or her goals, and by the strength of his or her character. Often a Leader will work far harder on a downline Leg than that Leg's Leader is willing to work. When the workload and challenges are greatest the Leader will think, "This is not fair," and she will be right. But the world never has been perfect or fair. Once again: A leader is sustained by his or her vision, by the clarity of his or her goals, and by the strength of his or her character. All Leaders are tested often!

 

(9) Since the number of people I must personally help is very large (in the hundreds), I must communicate often in writing. No other communications technique can support this kind of plan. Reread items (4) through (9) to get a full grasp of "working in depth" and developing an "overlapping leadership" network. This is very profound stuff.

 

(10) Each important person should be "touched" twice each week. This can happen by phone, in person, by mail, by a company event, by a website visit, by an upline leader or in any other manner you can engineer. The method of touching must be varied for maximum impact. Phone, phone, phone is not enough. Email, email, email is not good. Humans respond to variety.

 

(11) With six Strong Legs I will be appointed to Key Manager, the rank that Bob Giddens suggests as my initial goal. Or I can reach even higher and aspire to build ten Strong Legs and reach the Master Manager rank. I must calculate the incomes that can be earned at each of these ranks and make my own choice.

 

It is not enough to ask Bob what a Key will make. I need to draw out a hypothetical organization and do the math myself. This will convince me that a lot of hard work and a long range plan are justified. I will also draw out some smaller examples to I can have the answers needed for item (12). There is no shortcut to this. If you want to really grasp the sales plan, you have to draw some diagrams and crunch some numbers. The more examples you draw, the more you will "get it."

 

(12) I also must calculate the incomes my Leg Leaders will make at various ranks. This will empower you to motivate your up and coming people. They will not always be as committed or confident as you want them to be. You have to sell them on a strong vision of their future.

 

(13) Ultimately, most people do not believe in goal setting. You must get around this problem by setting targets for them and doing everything you can to motivate them towards their target. They will not always buy into your plan, but little by little you will sell some of them.

 

(14) Some people never get it. Eventually you'll turn them loose. Some will fail, while others will hang around as Casual Dealers. You must replace the dropouts with new Leg Leader candidates.

It is difficult, emotionally, to see good people fall by the wayside, just as it is difficult in combat to see ones comrades fall. But Leaders must know from the outset that some of their people will make it. When a sports team brings in forty men for summer football camp, it is preordained that only a limited number can fit into the fall roster. When IBM hires 100 young executives, only a few will ever become vice presidents. But a guy who misses the cut in EcoQuest might find a good career elsewhere. We how he or she will learn some lessons from us and use them in the future. It's not like we're the only occupation in the world.

 

(15) Since you will need some replacements at every stage in the building process, you are advised to DOUBLE every aspect of your goal.

 

4. Self development is very important. I must learn to depend on myself, to think for myself and to be my own leader. I will talk with my upline and listen to other leaders via meetings, conference calls, websites and personal contact. But even in this environment of advice, I will still make and work my own plan. 

 

(1) I will pass along this plan -- or an alternate plan if I choose to make modifications -- to everyone in my downline at all levels.

 

(2) It is not my goal to be the Mother Hen for my people. The goal is to identify those with Leader Potential and help them become responsible and independent Leaders in their own right.

 

Best of luck to Art and all who read this on Chippynews.com. You can do this if it is your dream and if you follow the plan I have outlined. Art, thank you asking your question. Perhaps it helped to light the path for a number of future Leaders in our company.

 

Sincerely,

Bob Giddens

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