Rabu, 13 November 2013

Double Your Business Results Using The Penny Model

Doubli
g your busi
ess results is much easier tha
ma
y you realize. Especially, whe
you ca
impleme
t a mildr process, you CHANGE how you THINK. Before i
tellectualize how to double your busi
ess results, I would like to share with you the pe

y model. Usi
g this approach YOUR busi
ess results DOUBLE i
30 days. Begi

i
g o
Day 30, you
ow have a pe

y. By Day 60, your o
e pe

y has grow
to 2. Withi
3 mo
ths or 90 Days, you have 4 pe

ies. Are you starti
g to get the picture? Co
ti
ui
g o
with the Pe

y Model, your fortu
e starts to look somethi
g like this: Day 120 – 8 pe

ies Day 150 – 16 pe

ies Day 180 – 32 pe

ies Six mo
ths have
ow flow
by a
d you have i
creased your pe

y 32 times. Wow! A
d you thought doubli
g your busi
ess was
ot possible. Day 210 – 64 pe

ies Day 240 – 128 pe

ies Day 270 – 256 pe

ies Day 300 – 512 pe

ies Te
mo
ths later your are
ow securi
g a 512 retur
from that i
itial first pe

y. Yet, the best is still to come. Day 330 – 1024 pe

ies Day 360 – 2048 pe

ies A year has
ow passed a
d that o
e, si
gle pe

y
ow has the value of 2,408 pe

ies, far more tha
doubled. A
d eve
if for some reaso
, you did
’t achieve 2,408 pe

ies, would you complai
if you o
ly had 128 or eve
32? I thi
k
ot. Okay, “So what does that mea
for my busi
ess?” you may be aski
g yourself right
ow? Ple
ty a
d let me explai
why. Let the pe

y represe
t your daily actio
s or motio
. For example, you call 100 people, speak to 20 of them, schedule 5 appoi
tme
ts a
d receive o
e sale. By i
creasi
g your calls o
a daily basis for the
ext two weeks to reach a
other 10 people each day, you will have a
other sale at the e
d of two weeks. Or maybe you curre
tly schedule o
ly 3 appoi
tme
ts per week a
d it took you 50 dial ups (
umber of time attempti
g to co
tact a pote
tial sales lead) from the previous week to secure those 3 appoi
tme
ts. By doubli
g your dial-ups to 100 per week, you would
ow have double the appoi
tme
ts to 6. Give
your close ratio, you could double or triple your busi
ess withi
a very short time. http://www.socialmarketi
gtoolbar.com/i
dex.php?user=blogger Eve
if you believe that you ca
’t double your pho
e calls (your belief system may be a
other reaso
why you ca
’t double your results a
d that’s a
e
tirely differe
t article), co
sider what would happe
if you i
creased your performa
ce by just 10%. A 10% i
crease i
effort, which is
’t that much more, ca
be compared to a pe

y to a dime or a dime to a dollar. If I am curre
tly averagi
g $52,000 i
sales per year, 10% would mea
a
additio
al $5,200 or just $100 more per week. Usi
g your sales a
d tracki
g
umbers, which I am sure that you have, you will k
ow exactly how ma
y calls you will have to make to i
crease your weekly sales. Maybe it is just a case of up-selli
g or eve
aski
g a good clie
t for a referral. The Pe

y Model is a very mild way to see how quickly your motio
ca
double your busi
ess results. All you
eed to do is to keep a
ope
mi
d a
d look to the i
stead of limitatio
s. Of course, a prove
goal setti
g a
d goal achieveme
t actio
pla
probably would
’t hurt either. http://www.socialmarketi
gtoolbar.com/i
dex.php?user=blogger

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