Latest / Mortgage Marketing Radio / Selling Secrets from Tony Robbins VP of Sales, Gene McNaughton
Transcript
- 0:00In today's highly competitive mortgage industry, building profitable relationships with
- 0:04the real estate agents is essential for success.
- 0:06However, finding effective ways to secure agent relationships can be a challenge.
- 0:11With so many mortgage loan originators vying for the attention of real estate agents, it
- 0:15can be difficult to stand out and establish meaningful connections.
- 0:20Our new case study featuring loan officer Chris Cogill is a must-read.
- 0:25Chris has closed a remarkable 36 million in funded loans from agent referrals.
- 0:31And in this case study, he shares his proven strategies for building strong relationships
- 0:34with real estate agents and leveraging those relationships to drive more business.
- 0:39To get your hands on this resource, head over to LOKestudy.com and download your free copy
- 0:45of the case study today.
- 0:47You'll find actionable insights and practical tips that Chris used to close 36 million
- 0:52in funded loans from agent referrals and how you can, too.
- 0:56Don't miss out.
- 0:57Go check it out right now.
- 0:58Visit LOKestudy.com and download your free copy today.
- 1:03Hey listeners, it's Jeff Zimper.
- 1:11Hello, hello, hello, hello, they're boys and girls.
- 1:14How are you doing today?
- 1:15I hope you're enjoying yourself wherever you're at, wherever you happen to be tuning in
- 1:18and listening to this and if I hadn't told you how much I care, how much I appreciate
- 1:24you.
- 1:25I so appreciate you tuning in and listening to this podcast.
- 1:27If you're here listening again, it's because you found the fine value and that's what I love
- 1:32the most is bringing value to you by fellow Padre, the Ombre and sisters as well, brothers
- 1:40and sisters.
- 1:41Can we unite?
- 1:42What am I doing?
- 1:43I don't know.
- 1:44I'm just random.
- 1:45I'm excited to bring you this episode before I cut to the episode, the show, as they say,
- 1:52up a quick reminder for you guys.
- 1:54Once again, jump into our Facebook group or podcast listeners, only mortgage marketing
- 1:59radio on Facebook.
- 2:00Just go to Facebook, type it in, the search bar, mortgage marketing radio, or you can
- 2:05go to Facebook.com or slash groups, forward slash mortgage marketing radio, that's how
- 2:12you get there.
- 2:13The reason why I want to check that out is because if you like the content you hear or
- 2:17see here, there's going to be more there, good stuff coming in the way of additional trainings
- 2:22and things to help you be a modern mortgage originator and this whole concept of a hybrid
- 2:27originator, hybrid loan officer, which for me, just so you know, to clarify what I mean,
- 2:32my hybrid loan officer, what I mean by that is a loan officer who lives in two worlds,
- 2:39one who lives in the quote, old school world, if you will, of developing referral relationships,
- 2:44past client data, based local community events, things like that, but also bridging the
- 2:50old with the new, the modern with the more traditional, the hybrid loan officer is also
- 2:54somebody who's leveraging social media, online platforms, video, maybe doing some paid ads
- 3:00and traffic and things like that.
- 3:02That is the future of the loan officer and that's who I speak to and hope that you are
- 3:06in that camp as well.
- 3:07Hopefully you can go that we're helping you to cover both bases there and we're going
- 3:11to do that more in the group over there on Facebook, or you can check it out.
- 3:19Also, if you need help, if somebody said to you and said, look, would you like to never
- 3:25have to call agents again, never have to taste real estate agents, never wonder where
- 3:30your next purchase deal is coming from.
- 3:32Would you like a predictable system that delivers agent relationships, referrals and conversations
- 3:38at scale every single month on a silver platter delivered to you?
- 3:43Turnkey, would you want, if you do, we offer that, we offer that through our Morgan
- 3:49Marketing Pro membership, which you can go check out, mortgage marketing.pro, there
- 3:53will be a link in the show notes, watch a brief video that I put up, which is all about
- 3:56how do you get noticed and get agent conversations and referrals and today's noisy, crazy
- 4:02world.
- 4:03Listen, you know that the refis are dropping off in the second half of this year.
- 4:07Are you preparing for that?
- 4:09Are you looking not where the puck is, but where the puck is going?
- 4:12That's where it's going.
- 4:13So you want to shore up your purchase business, you want to grow your business, you want
- 4:16to add referral partners, agents to your bus, how do you reach them, how do you get contact
- 4:19them?
- 4:20There's a hundred different ways to do that.
- 4:22I'm proposing you check out the most predictable systematic way to do that at scale that puts
- 4:28you in control, it creates tremendous value and income for you, mortgage marketing.pro,
- 4:33check it out.
- 4:34Okay.
- 4:36This week's show.
- 4:37All right.
- 4:38So this guest that I have on, first of all, I want to thank my friend Tony Juarez.
- 4:43If you're listening, thanks for introducing me to Gene.
- 4:46And this is a conversation that it's a more long form conversation.
- 4:50I think we go about an hour on this and that's because, you know, you ever meet somebody
- 4:54that's got so much wisdom and background and knowledge and it's done so many things.
- 4:58You just want to keep the conversation going.
- 5:01And as you can tell with the podcast is I approach many of my conversations in a organic
- 5:06way.
- 5:07I may have some bullet points, which I do right here, but then we just look at the conversation
- 5:11flow.
- 5:12And so my special guest for this episode is a gentleman named Gene McNaughton.
- 5:17And Gene is a business consultant, he's the president of growth smart consulting.
- 5:22And what he does is help executive leadership teams grow sales, right?
- 5:26Get efficiencies drive top line revenue growth.
- 5:29You may be listening to that and think, oh, that's not me.
- 5:32However, what Gene is great at is growing sales.
- 5:39He's great at structuring a conversation framework.
- 5:42He's great at identifying the patterns of success in sales.
- 5:46He's great at knowing what's the difference that makes the difference.
- 5:51He's great at average and top performers.
- 5:55Gene has an amazing background.
- 5:57We have some similarities.
- 5:58Gene was the global vice president of sales for Tony Robbins from 2004 to 2007.
- 6:04Gene also was the president at Chet Holmes International, which some of you may be familiar
- 6:10with Chet Holmes.
- 6:11Some of you may not Chet Holmes wrote a incredible book called The Ultimate Sales Machine years
- 6:16ago.
- 6:17I suggest you get that.
- 6:18It's one of the best sales books ever written.
- 6:22And so Gene has worked, oh, by the way, Gene also took Gateway Computers.
- 6:27You guys remember Gateway Computers?
- 6:29Was there for their rapid growth that scaled up to $11 billion in revenue?
- 6:34And Gene was there.
- 6:35Gene helped make that happen with the sales strategies that he put together as I've just described
- 6:39for you.
- 6:40Gene has a book, which we're going to put links in the show notes that you should check
- 6:44out.
- 6:46And this is the book is your ultimate guide to finding, keeping, and growing accounts.
- 6:51And why I think this conversation with Gene is very relevant for you.
- 6:54And by the way, stick with the conversation to the end.
- 6:58Because we bounce around a little bit, but we always bring it back full circle into how
- 7:02you can apply it to your life in sales and prospecting.
- 7:06And what is your conversation framework?
- 7:10What are the first words that come out of your mouth when you speak to a client or a
- 7:13full partner?
- 7:14How do you structure your sales meetings with a full partner's clients, right, etc, etc?
- 7:20So I think there's a lot of wisdom that you're going to take from this and concepts that
- 7:24we're talking about.
- 7:25That experience does not equal effectiveness.
- 7:27And here's a great one.
- 7:28I love this one as well.
- 7:29I wrote this down, premium price needs a premium system, story, and process.
- 7:38Let me see it again.
- 7:39Premium price needs a premium process and story.
- 7:43What does that mean?
- 7:44Well, it means one of the biggest pushbacks you get is interest rate.
- 7:47What's your rate?
- 7:48What's your rate?
- 7:49I can find it a quarter or less.
- 7:50An eighth less.
- 7:51Well, here's the thing.
- 7:52You don't get charged a premium if your process doesn't match a premium price.
- 7:57If you don't have a story that supports the premium price.
- 8:00So we're going to talk a lot about that.
- 8:03And Gene's got some amazing background and stories.
- 8:07And so I'm just thrilled to bring it to you.
- 8:08And I hope you like this conversation as much as I have.
- 8:10I mean, this guy's on a lot.
- 8:12He's interviewed all the sharp-pang people, right?
- 8:14Kevin O'Leary, Damon John, on and on.
- 8:17So I think you can learn a lot from him.
- 8:19And his time, he spent 25 years generating top results for
- 8:22Fortune 500 companies spending time as Tony Robbins, president, so on.
- 8:27So I hope you enjoy this show.
- 8:29Let's get into this week's show.
- 8:31Gene, welcome to the show.
- 8:33Hey, man.
- 8:34Awesome to be here, Jeff.
- 8:35We've been working, what, 18 months to get this little time-sot connected.
- 8:39So here we are.
- 8:40Let's rock and roll.
- 8:41Let's add value.
- 8:42All right, let's make the best of it.
- 8:43So the listeners heard the formal interview or intro of you,
- 8:48you know, as they tuned into this episode.
- 8:49But I prefer to you to give your background, or if you will,
- 8:54because you've got quite a diverse background.
- 8:56We share some stories and, you know, who we've worked with in the past.
- 8:58But give it to the summary.
- 9:01Who's Gene McNaught and what's y'all about?
- 9:02What has he done?
- 9:03Here's a short story.
- 9:05I was born in a small town in Iowa,
- 9:07so City, Iowa, I'm the youngest of six kids.
- 9:09I grew up with five sisters in a small house,
- 9:12so you learn some techniques and dealing with females
- 9:16and sharing one bathroom.
- 9:18Whole other episode we can do on that.
- 9:19And I'm still working on the process.
- 9:21Trust me.
- 9:22Had a great upbringing from my parents and went to high school.
- 9:28I was an athlete.
- 9:29I was able to go to, fortunately, go to college in my same little hometown
- 9:33in Sioux City, Iowa at Morningside College and play football there.
- 9:36It was my only avenue to be able to go to college.
- 9:39I was the first one to graduate from college
- 9:41or even go to college in my family.
- 9:43And shortly after I graduated college,
- 9:46while I was in college,
- 9:47this little computer company was building up in Sioux City
- 9:50called Gateway 2000 Computers.
- 9:53And while in college they were teaching you to go get a,
- 9:55you know, get your degree, go get a job.
- 9:57And, you know, I wanted to be a stockbroker.
- 9:59I wanted to be in the financial world.
- 10:01And I went and got my licenses right after I got out of college
- 10:04and thought I was going to be a financial investment advisor.
- 10:07What I didn't really realize is that you're really not going to be
- 10:11at financially advising anybody.
- 10:12You're going to be making cold calls and scheduling appointments
- 10:15for the veteran brokers.
- 10:17So I had maxed out my one credit card on buying three suits.
- 10:21And I was sitting in a dingy little office
- 10:23making 250 to 300 cold calls a day out of the phone book.
- 10:27In the meantime, all my buddies that had gone to work
- 10:29at this computer company were love and life.
- 10:32And they were buying jet skis and they were wearing jeans to work.
- 10:36Life was amazing and I'm frigging miserable.
- 10:39And I finally just said, okay, I got it.
- 10:41I got to check this out.
- 10:42And fortunately, it was the very, very early stages of the company
- 10:46and I got hired for the night shift selling computers over the phone.
- 10:50And I quickly fell in love with it.
- 10:51One of the things I fell in love with was something
- 10:53I'd never heard of before, which was called direct response marketing,
- 10:57which when I got out of training, I sat down in my cubicle
- 11:01and I said, okay, who do I call?
- 11:03Where's my list or is there a phone book?
- 11:06Well, how do I sell these computers?
- 11:07Because they never taught that in training.
- 11:08They taught, here's how a computer works.
- 11:10Here's on a motherboard and a hard drive
- 11:12and all the technical training.
- 11:14Somebody goes, no, no, no, you don't call anybody.
- 11:16I'm like, why do you make sales?
- 11:18They said, they called you.
- 11:20I'm like, what are you talking about?
- 11:22Yeah, we advertise in these magazines.
- 11:24And I remember they're going, look,
- 11:26there's a call coming into your phone right now.
- 11:27And I'm like, hello, welcome to Gateway.
- 11:30My name's Gene.
- 11:32And every once in a while in life,
- 11:35and this is something everybody needs to get,
- 11:37is that there will be a constant series
- 11:38of windows of opportunities that open for you.
- 11:41Fortunately, most people, even when they see
- 11:44and sense the opportunity, they don't take advantage of it.
- 11:47And my dad had always taught me, you know,
- 11:48they're going to meet little windows that open up.
- 11:50Maybe it's somebody you meet or the girl you want to date
- 11:53or a job that you want to get,
- 11:55but when that window opens, you've got to run through it.
- 11:58And I quickly was like, oh my gosh.
- 12:01In those days, Jeff, you know, one out of four calls,
- 12:04we're not somebody shopping,
- 12:06is people calling to say, yes,
- 12:07I'd like to buy this computer on page 76
- 12:10of the computer shop or magazine.
- 12:12I'm like, okay, like I didn't,
- 12:15when you go from one extreme of pure cold calls,
- 12:18no, think about calling out of the phone book,
- 12:21how many times you get hung up on or yelled out,
- 12:25you know, my boss thought, well,
- 12:26we've got to call people when they're home.
- 12:27So we'll call between 5.30 and 7.30 at night,
- 12:32or we'll call on Saturdays, we'll call on Friday nights.
- 12:35So I go to this, this land of opportunity.
- 12:38And fortunately, I was in the right place at the right time.
- 12:41I had good work ethic.
- 12:42And I was just, I could see it.
- 12:44And I just went all in.
- 12:46I bought in.
- 12:47I learned as much as I could about computers
- 12:49and time management and sales techniques.
- 12:52I started reading books.
- 12:55I read the book, how to win friends and influence people
- 12:58in the Polian Hill, you remember that one, right?
- 13:01But once I read this first book,
- 13:03I'm like, oh my God, the answers are in there.
- 13:05All these things that I'm supposed to be expected
- 13:07to know at 22 years old, the answers are in these books.
- 13:11I didn't learn that stuff in college.
- 13:15And I'm not by any way, shape and form.
- 13:17I am so grateful for the college degree
- 13:20and the school that I went to.
- 13:22But I didn't learn these people skills.
- 13:24I didn't learn influence and persuasion.
- 13:27I didn't learn about goal setting.
- 13:29Now, I knew about goal setting from sports,
- 13:31but not as it applied to my life,
- 13:34not as it applied to creating the vision
- 13:37for the ultimate future and everything went perfect.
- 13:40What would it look like?
- 13:41I was learning that in the books.
- 13:43Think and grow rich.
- 13:45How to win friends and influence people.
- 13:47Then I got into the Tommy Hopkins work.
- 13:51Masters of closing, right?
- 13:53And then it just went nuts from there.
- 13:56I got turned on to a guy named Jim Rohn.
- 13:58I know who Jim Rohn is.
- 13:59Not the sports guy, the personal development guy.
- 14:03And that led me to start studying Tony Robbins' work.
- 14:07As I was investing in myself,
- 14:10and in those days, it was books or tapes.
- 14:12That's those were your options.
- 14:13CDs were still new and a little, you know,
- 14:17not quite there.
- 14:18And certainly there was no cell phones or anything like that.
- 14:20I would listen to these tapes.
- 14:23While I was driving in the car,
- 14:24I would, I had one of those little boom boxes
- 14:27that when you play to tape at the end of it,
- 14:29it would go click click.
- 14:30And then it would play the other side
- 14:32and it would just keep playing all night.
- 14:34Because I learned from Brian Tracy,
- 14:36I don't know whether this is true or not,
- 14:37but even when you're not listening to something,
- 14:41subconsciously it's soaking into your brain.
- 14:44So I thought, okay,
- 14:45what a better time to do that than eight hours of sleep
- 14:48or seven hours of sleep.
- 14:50I started listening to Zig, Ziggler, Jim Rohn,
- 14:55Tony Robbins.
- 14:57And here's what was interesting, Jeff.
- 14:58While I'm at this little company
- 15:00that suddenly is starting to get very popular,
- 15:02the computer revolution hit us in 1991, 1990 through two,
- 15:07where suddenly people at home realize
- 15:09that I can have a computer in my house.
- 15:13So right place, right time, window of opportunity,
- 15:17I invest in myself.
- 15:18I work as hard on myself as I do on my day job
- 15:21and things start to radically accelerate.
- 15:24So this company is taking off.
- 15:26I'm working, I was single at the time.
- 15:29I recognized the opportunity.
- 15:30I could work many hours, 50, 60 hours a week
- 15:34and I loved it.
- 15:35It wasn't like I had to get myself out of bed
- 15:38to get in there and make a paycheck.
- 15:40I saw the opportunity.
- 15:42And as the company grew, I grew,
- 15:45got moved into management.
- 15:47Then I realized that as I was taking on the new hires
- 15:50that would come out of training,
- 15:51that none of them were taught how to sell.
- 15:53So I would say, okay, you got your five days
- 15:56of technology training.
- 15:57Now you're gonna go,
- 15:58we, I didn't call it lunch and learns in those days,
- 16:02but we worked the 1 PM to 10 PM shifts.
- 16:04So I said, bring your dinner in,
- 16:06or go grab a sandwich, whatever.
- 16:08And for an hour, I'm gonna teach you
- 16:10the seven steps of selling.
- 16:11Now I had just built this, step one is mindset.
- 16:15We gotta set goals.
- 16:16You gotta have the mindset of success.
- 16:17Step two is you gotta establish rapport.
- 16:20Step three, you gotta ask questions.
- 16:21Step four, you gotta present.
- 16:23Step five, you gotta ask for the business.
- 16:25Step six, you gotta be prepared for the,
- 16:28four or five, six objections you're gonna get
- 16:30and step seven, you gotta have to have a great follow up.
- 16:33And part of that would be referral program.
- 16:35And I taught it over and over again.
- 16:38And lo and behold, what we started finding
- 16:40was this group of new hires.
- 16:42Many of them would outperform people
- 16:44that had been selling on the phones for two, three,
- 16:46and four years.
- 16:48And the VP said, what's going on here?
- 16:51And I said, look, I'm just teaching this stuff,
- 16:53what I used to do on the phones.
- 16:55And he said, I need you to go teach that to everybody.
- 16:58Now by the time I had gotten into management
- 17:00and had three months of management under my belt,
- 17:03now we had 120, 150 sales people selling on the floor
- 17:07in a call center in cubicles.
- 17:09In North Sue City, South Dakota,
- 17:12he said, I want you to take that.
- 17:14And if you wanna go to some seminars,
- 17:15you can go to some seminars,
- 17:17but I want you to create a sales training
- 17:19part of our business.
- 17:20And I'm like, okay, I had never been a public speaker
- 17:23anything like that.
- 17:25I just took the common principles.
- 17:26And then, you know, the window of opportunity,
- 17:29the window of fate, you know, what do they say Jeff?
- 17:31You set your targets in the universe,
- 17:33conspires to drop these little nuggets.
- 17:37Exactly.
- 17:38And you're favored.
- 17:39A facts came in randomly.
- 17:42Now we're on a huge call center floor.
- 17:45And it was an opportunity to go see a seminar
- 17:48on the art of sales by Tom Hopkins.
- 17:52And somebody knew I was, you know,
- 17:53trying to do the sales training manual.
- 17:55Like, when I had never seen a manual
- 17:58and there was no Microsoft word back then.
- 18:02There was word processing programs,
- 18:04but there was no word like the stuff we have now.
- 18:06There was no voice to text, right?
- 18:09It's me trying to hack away at it.
- 18:11And I take it to the boss.
- 18:12And fortunately, she said yes.
- 18:14And in fact, she took herself,
- 18:17one of the other senior managers
- 18:19and another director of sales.
- 18:21And we all went to see a seminar.
- 18:23Tom Hopkins in New Orleans.
- 18:25And I remember walking in there.
- 18:27And there must have been 3,000 people.
- 18:29They're pretty good, you know, that's good crowd.
- 18:32He came out and within minutes,
- 18:35I was hanging on every word, laughing,
- 18:37like he was entertaining, he was funny,
- 18:39he was good looking.
- 18:41Now, I was in the nosebleed section.
- 18:43I mean, truth be told, we didn't get front row seats.
- 18:45But I just, from that very second,
- 18:48I was like, that's what I want to do.
- 18:52Well, that's what I want to do.
- 18:54I want to be the teacher, presenting teaching.
- 18:59Yeah, I mean, it was like, you know, he was part comedian.
- 19:02He was part entertainer, the sequences and the processes.
- 19:06And in those days, it was, you know, sounds good, doesn't it?
- 19:09You know, understanding what a trial close is.
- 19:11Understanding steps to building rapport.
- 19:15Standing the right questions in the right order.
- 19:18Really going through a real life goal setting program.
- 19:20I'd never done that.
- 19:23And that catapulted everything.
- 19:27Ironically, I must have got put into some database,
- 19:29which I didn't know what a database was,
- 19:31but two months later, facts comes in
- 19:34from the Ziggs Ziggler Corporation.
- 19:36Oh, okay, I got it.
- 19:37Yep.
- 19:38Have you going to these events and learning,
- 19:42developing skills you're watching Ziggs present?
- 19:44You're like, oh, he's amazing.
- 19:46Well, better yet, it was an invitation to a seminar
- 19:50called See You At The Top.
- 19:53And it was a three day goal setting workshop.
- 19:56Now, I had realized by that stage,
- 19:58just being an athlete and, you know,
- 20:00to getting a scholarship, all the things,
- 20:03I knew there was some this power in setting goals,
- 20:07laying out in advance what it is you want to accomplish,
- 20:10writing it down, looking at it every day,
- 20:12but I didn't know the wisdom behind it.
- 20:15And again, I convinced my boss, I'm like,
- 20:17this is the other, you remember you said,
- 20:18I could go to a seminar.
- 20:19This is in Carrollton, Texas.
- 20:20Can I go?
- 20:22He said yes.
- 20:23The senior manager said yes.
- 20:25So I go down to Texas by myself.
- 20:27And I'm next to him and I'm preparing for this
- 20:30and I get a phone call.
- 20:32Jeff, this is where I learned the art of the cross cell
- 20:34or the up cell.
- 20:37And the call was from Matt.
- 20:38This is Katie from the Zig Ziglar headquarters.
- 20:40She said, you're coming to the seminar
- 20:42and I wanted to give you a heads up
- 20:44that Zig is teaching a class on public speaking,
- 20:47a very next day when your seminar ends.
- 20:50I have a question for you.
- 20:51Is public speaking something that's important to you?
- 20:54And I went, well, I'm gonna be doing sales training.
- 20:57This is exactly, you need this.
- 20:59How much training do you have?
- 21:00I've never been trained in speaking.
- 21:04And then I got introduced to the up cell and cross cell
- 21:07and I go back to my boss.
- 21:08He goes, well, you're gonna be here anyway.
- 21:09You're coming a long ways from South Dakota.
- 21:12We had moved across the border.
- 21:14And my boss said yes.
- 21:16I went there for the goal setting seminar.
- 21:17It was called Born to Win is what it was called.
- 21:20And I still have my seminar notes.
- 21:221993 of what my dreams and aspirations were then
- 21:27from a small town.
- 21:29The secondary course on how to speak in public,
- 21:33I took it because I wanted to be comfortable speaking
- 21:35in front of training classes of 10 people, maybe 12,
- 21:39maybe 20 tops.
- 21:42Little did I know that that seminar is what catapulted
- 21:47everything to allow me to do some pretty cool things
- 21:51that you've covered in the bio,
- 21:52including becoming the opening speaker for Tony Robbins
- 21:56on the biggest stages.
- 21:58Traveling Australia with Donald Trump
- 22:00and Robert Kiyosaki and Tony Robbins and being the,
- 22:03I mean, who would have imagined that small town gene,
- 22:07McNaughton, buddy McNaughton is what they called me there,
- 22:11would end up being the guy kicking off these mega seminars
- 22:15and being shoulder to shoulder with some of the giants.
- 22:18It all came.
- 22:19The reason I say that, Jeff, not to try to brag
- 22:22or impress anybody, but it all came
- 22:23because I took advantage of the opportunity.
- 22:26I did the work.
- 22:28I went to find who I thought was the very best in the world.
- 22:31And in those days arguably Ziegler, Tom Hopkins,
- 22:35Tony Robbins was still was was was big.
- 22:38The infomercials had just started.
- 22:40So he was in the beginning of his big, big fame.
- 22:44And I listened to these people and I did the work.
- 22:47I did the workbooks.
- 22:49I did the incantations or the affirmations
- 22:53as they were called before Tony changed it to incantations.
- 22:56I did all the little things that, frankly,
- 22:59a lot of people during those days were laughing at me for,
- 23:02oh, it's Mr. Motivation.
- 23:04Oh, Gene's reading a motivation book.
- 23:06There we go, getting motivated, Gene.
- 23:09And I just ate it because I knew that I knew where I was going.
- 23:15You know, when I hear your story like that,
- 23:16by the way, thank you for sharing that.
- 23:18You had used a couple of words like small town boy or whatever,
- 23:22but you also use this word vision.
- 23:23So I'm curious is because it's not small town like you,
- 23:28but originally from kind of New England.
- 23:29And you know, there's a certain mindsets of certain areas
- 23:32of the country, you know, like small town.
- 23:34Might have a small town mindset.
- 23:36And I'm curious, what do you think?
- 23:38Like I don't know where your siblings are,
- 23:40but like if you can do a comparison to what gave you your vision?
- 23:44Why, why, what do you think in you,
- 23:46you're upbringing or whatever, like rated that bigger?
- 23:48Hey, I can leave that.
- 23:49I can be something more.
- 23:51You know what I mean?
- 23:52Yeah, I had five sisters and they were all older than me.
- 23:56I have one of my sisters, Debbie, she was 18 when I was born.
- 24:01And I was like, I might as well have been her child.
- 24:04She took me everywhere she went.
- 24:05And I was like her pride and joy as she was 18, 1920
- 24:09in that, you know, prime time of age.
- 24:12And she was somebody along with my mom
- 24:14that just always believed in me.
- 24:17Oh, like you could say I was even spoiled,
- 24:20not with things and money and stuff
- 24:22because we didn't have that.
- 24:23But in terms of love and care
- 24:26and you can do anything you set your mind to
- 24:28and you know, I wanted to be a rock and roll singer
- 24:31that didn't go anywhere.
- 24:33But I found a way to entertain them through sports.
- 24:37And I had a knack for, not that I was a great athlete,
- 24:40but I had a knack for getting pretty good at sports
- 24:44like baseball and football, basketball.
- 24:47And I knew that they would come to my,
- 24:48they would be at every single game.
- 24:49We're in a small town.
- 24:50It's not like they had a drive, you know,
- 24:5210 minutes you're at any field you wanna be at.
- 24:55And this constant belief of an overindulgence
- 25:01of love and attention, almost an overindulgence
- 25:05of doing good and being good
- 25:10and wanting to earn more of that.
- 25:13Yeah, positive feedback loop, you know.
- 25:16What was it said?
- 25:17Your kids will behave in the way they repeatedly
- 25:21hear from you or something.
- 25:22I heard a great saying was, you know,
- 25:25the more you're positively affirming to others.
- 25:27I had so much of that.
- 25:30And I loved, I'd still love my city.
- 25:32I'm booking tickets to go back to Sioux City.
- 25:34I go back to the college homecoming
- 25:36and I go back to the high school.
- 25:38I love it so much.
- 25:39I live in California now, but home, that's always home.
- 25:43And it wasn't, you know, I didn't have a chip on my shoulder.
- 25:46I did, I have always in my life felt like an underdog.
- 25:48Like I had to outwork people.
- 25:50I felt like in good, better and different,
- 25:54my wiring is, you know, I can outwork.
- 25:56I may not have the God-given talent.
- 25:59I didn't have God-given athletic skills.
- 26:02I wasn't born big or fast or unusually muscular.
- 26:06And some people are biology or whatever that is.
- 26:10But I always had this chip on my shoulder underdog
- 26:13that I can read more, I can listen more,
- 26:18I can seek mentors more.
- 26:20I can, my dad at 13 years old said,
- 26:25you see those guys that you admire,
- 26:27and they were playing high school.
- 26:29Go watch what they do when they're not on the court.
- 26:32Watch how they work out and watch, how they behave.
- 26:36He didn't use the word modeling like you and I know it, Jeff.
- 26:39He said, do what they do.
- 26:40All right.
- 26:42Well, then if they've applied themselves
- 26:44in a more direct, deliberate way, you know,
- 26:47and obviously their commitment level is higher.
- 26:49And we see that in the sales space too.
- 26:51A lot of sales people, as you well know, wing it, right?
- 26:54Don't have like to reference your book,
- 26:56which, you know, we'll put links in the show notes
- 26:58and we'll talk about this obviously,
- 26:59but your book, The Sales Edge,
- 27:02you walk through a lot of stuff in there
- 27:04about what one of the key takeaways that I got from that
- 27:07is, you know, the whole thing about preparation, right?
- 27:09And doing your homework and having a dialogue
- 27:12or a talk track, being intentional with your time,
- 27:17you know, like the story you tell in there
- 27:18about the meeting you had with that big executive,
- 27:20that luncheon or dinner meeting, you know,
- 27:22where he just sat down, all right, let's get to it.
- 27:24And you prepared like the night before,
- 27:26done all your homework and you knew where their gaps were
- 27:29and you knew who exactly how to present a case
- 27:32that was gonna be compelling to him.
- 27:34Instead of like, yeah, so what's up?
- 27:36You know, what are your needs?
- 27:37You know, which is how a lot of people approach sales.
- 27:42You know, my book is a summary of some of the greatest lessons
- 27:47that I had the good fortune of learning from others.
- 27:50And I think I do a pretty good job of talking
- 27:53through the mistakes that I made as well.
- 27:55Because, you know, at the end of the day,
- 27:57you were all gonna make mistakes.
- 27:59And the question is, are you gonna learn from it?
- 28:02Or, you know, be yourself up over it.
- 28:06And that, what I like about how, you know,
- 28:08I worked with a writer, of course.
- 28:11You know, I wrote a lot of it, but you turn it over.
- 28:13You speak it out, the professional writer writes it
- 28:16and you feed it back and go back and forth.
- 28:18And I wanted to really, I think the art of a great story
- 28:25is the pain, is embarrassment,
- 28:29is the feeling of not enough,
- 28:31the feeling of trying something
- 28:34and not knowing the outcome
- 28:35and the outcome not turning out in your favor.
- 28:38The world loves an underdog.
- 28:42If I were to tell a story or write a book about,
- 28:46here's all the great things I did.
- 28:47Here's the top 10 greatest things, Gene Zed.
- 28:50Who would wanna listen to that?
- 28:52Yeah.
- 28:53But the people, I know, like my favorite movie is Rocky III.
- 28:59My favorite movie series are the Rocky movies.
- 29:02If I, you know, if you only watch one more movie,
- 29:05what's your favorite?
- 29:06Because the story, the hero's journey,
- 29:09the everyday guy gets an opportunity, turns it down,
- 29:13tries and fails.
- 29:16Mentor comes in to give advice, he denies the advice,
- 29:19he gets further and further to the bottom,
- 29:21hits rock bottom, decides to listen to mentor,
- 29:24takes a new action, begins to get some positive feedback
- 29:28or response or feedback or progress, takes more action,
- 29:32takes more action, then at the end,
- 29:35overcomes the giant, the foe, right?
- 29:43And it's a mindset, I mean, the ET,
- 29:46every Star Wars movie, I mean, the model,
- 29:49the hero's journey model is that's the stuff
- 29:53that people wanna hear about.
- 29:55I know that's what I wanna hear about.
- 29:57Yeah, well, that people have stories, that's for sure.
- 30:00And I'm sure you've got a lot of good stories,
- 30:03and I don't wanna overlook your accomplishments either.
- 30:06I mean, obviously you're being very humble,
- 30:07but you've alluded to a couple of those,
- 30:10you were, if we roll back to the one thing,
- 30:12we share some commonality,
- 30:14you were the VP of sales for Robbins Research for Tony
- 30:17for several years there.
- 30:19And I like the story you have in the book there,
- 30:22which is the company had been around for about 20 years
- 30:25and you came in and like blew all the old records away,
- 30:28like two, three times over.
- 30:31Yeah, 29 years the company had been in business,
- 30:33and there were 11 different,
- 30:35it's called revenue streams and that would be eight teams
- 30:39producing different revenue streams.
- 30:41Think about products, coaching, mastery university,
- 30:46UP, the unleash the power of thin seminar,
- 30:48I'm guessing your audience knows Tony and UPW and all that.
- 30:52There's ad event sales, there's post event sales,
- 30:55there's rollovers from a six month coaching contract
- 30:58to a 12, I mean, these are all different sellers selling
- 31:01different things in each of these half sales targets on them.
- 31:04I'm super proud of the fact that during the three years
- 31:07eyes with Tony, we broke every single record at least twice.
- 31:11We break the record, break that record.
- 31:13Some we broke three times, four times,
- 31:16including event attendance.
- 31:18Right.
- 31:19You know, first UPW I went to was 1800 people,
- 31:24by the time I left, we had 7,000 in an event, right?
- 31:28I mean, you know, then fast forward that to 10 years later,
- 31:32I was in the LA, unleash the power of thin,
- 31:3516,000 people,
- 31:38live, these are live bodies.
- 31:41Yeah, that's crazy.
- 31:42And here's another thing that I think is just,
- 31:46you know, hopefully people hear our fans of Tony Robbins,
- 31:49and if you're not, let me give you another reason why you should be.
- 31:52Think about the fact that that man has been doing live seminars
- 31:55for 30 plus years.
- 31:57That's how he has catapulted his fame.
- 32:00That's how he gives back to, you know,
- 32:03champions that want to get better or people
- 32:05that are desperately struggling and need something.
- 32:08The guy has dedicated his life to helping other people
- 32:12become mentally and stronger to evolve themselves.
- 32:16His business model was shattered 11 and a half months ago
- 32:20in COVID hits or 10 months ago in COVID hits.
- 32:23He had a 12,000 person event in San Jose
- 32:28that was ready to go right before the first,
- 32:31we got to shut everything down.
- 32:32Like, what do you mean shut everything down?
- 32:34I mean, he had to cancel that.
- 32:37I mean, just do the math.
- 32:38On an average ticket price of,
- 32:39let's just, I'm guessing, a thousand bucks.
- 32:41Just do the math, the financial math.
- 32:44Let alone all the deposits that have to be put down for travel
- 32:48and airfare and hotels and arenas,
- 32:51like devastating to the speaking business.
- 32:57And he didn't give up.
- 32:59And it wasn't 120 days later.
- 33:01Once we determined in COVID that this isn't gonna be
- 33:05a one month, two month, three month thing
- 33:08this could go on for a long time.
- 33:10If you remember back in April, Jeff,
- 33:11we were like, okay, yeah,
- 33:12we should be back to normal by September, October, November.
- 33:17Yeah.
- 33:18No.
- 33:19And he invented,
- 33:21now he had help and technology people,
- 33:22but he invented by the time August came,
- 33:26he was doing his four day event in what I imagine.
- 33:32I've seen pictures and probably same stuff
- 33:34that people have seen online of,
- 33:36like the half the size of a basketball court.
- 33:38And if you can see me,
- 33:39it's like a you horseshoe shape series of giant screen,
- 33:45like a like a drive in movie theater,
- 33:48but in a horseshoe shape that he could walk in the middle of.
- 33:51And for the people that paid the premium amount,
- 33:54he would see 10,000 little squares of people
- 33:58watching his seminar from home.
- 34:02One of the most difficult parts about public speaking
- 34:06and doing a seminar,
- 34:08public speaking doing a keynote is one thing.
- 34:10Doing a two day, three day, four day event.
- 34:13The easiest part of that Jeff is the actual on stage performance.
- 34:19You, me, Tony Robbins, whoever,
- 34:21getting up on stage and delivering their magic
- 34:24in a succinct order with a workbook,
- 34:26that's the easiest part of the whole thing.
- 34:29The hard part, the travel, getting there.
- 34:33If you're international,
- 34:35the overcoming when you're in Australia or you're in Asia
- 34:39or you're in Europe,
- 34:40I mean, we're talking drastic time zone changes.
- 34:44And, you know, that has an effect on the mind,
- 34:46it has an effect on the body with that much travel.
- 34:48And he's six eight, right?
- 34:51And he figured out a way not only to serve people,
- 34:57you know, 23,000 people pay full price
- 35:00as if it was coming to their city virtually
- 35:04for four days to sit in front of a screen
- 35:06or a TV or a laptop for four days, right?
- 35:12Then he did the next one, it was 35,000.
- 35:14Now, currently, as we speak right now,
- 35:17he's doing a kind of a free live,
- 35:20it's kind of a teaser, like two hours a day.
- 35:23According to, this is an unverified number.
- 35:26There were 200,000 people from around the world.
- 35:30So if you think about, if he's doing it at three o'clock
- 35:34in the afternoon in Florida,
- 35:36I don't know what the math is,
- 35:37that's gotta be three a.m. somewhere in the world.
- 35:41China, Asia, Australia, whatever.
- 35:44Think about it.
- 35:46He's re-in, this is the power of having an unstoppable mindset
- 35:51and living in a world of possibilities.
- 35:53He could have rolled over, as many people could have.
- 35:55Could have rolled over.
- 35:58Said, okay, we're gonna ride this out.
- 36:00And he's such a great example of that kind of mindset.
- 36:06Now he's figured out the fact that,
- 36:08not only does he not have to travel to Beijing
- 36:13to do a seminar or Sydney or Birmingham or London,
- 36:20he can do it within, I don't know how close this place is
- 36:23to his house, but you know what I mean?
- 36:25He has the best of all worlds.
- 36:27He's serving people at the highest level.
- 36:30He's delivering his gift.
- 36:32Yeah, and it's actually being in his own bed at night.
- 36:35It's profitable.
- 36:37And there's lessons all of us can learn.
- 36:39Regardless of where we are, there's always a way.
- 36:45I'm curious, so while we're on this topic,
- 36:47and then for those listening,
- 36:48we're gonna go back into the book
- 36:50and get to my notes about sales, the conversation framework.
- 36:54But so you talk about Tony,
- 36:58and obviously one of the greatest things about Tony
- 37:00to use him or live events in general,
- 37:02of course in my industry real estate mortgage,
- 37:04also crushed a lot of those events and so forth concerts.
- 37:09But do you think like in the case of Tony, right?
- 37:11Or other business related events?
- 37:14I mean, do you think what's the future?
- 37:18Has COVID created a permanent kind of preference
- 37:22or expectation for the virtual event now?
- 37:25I think that the world as we knew it 12 months ago
- 37:29will forever be altered.
- 37:31I think that as humans,
- 37:33we have proven that virtual delivery,
- 37:36very similar to what we're doing right now,
- 37:38can be very close to as effective as live delivery.
- 37:42And when you work out the factors,
- 37:47one is going to the seminar,
- 37:50flying there, driving there.
- 37:52If it's getting a hotel overnight,
- 37:54your food, unpacking, packing clothing, and so forth,
- 37:57as an attendee.
- 37:59But then you get to be in the live magic, right?
- 38:03Versus getting the content from the comfort of your own house.
- 38:08I mean, we, you know, let's face it, a year ago
- 38:11we were kind of using Zoom when necessary,
- 38:14when people couldn't be together,
- 38:15but the preference was in the business world.
- 38:17Everybody can come to us to one of the offices
- 38:20and you have already sits down
- 38:21and they put their coffee down and looks at the screen
- 38:24and the person gets up and presents in front of the screen.
- 38:26And what we've proven is that we can virtually run a business
- 38:32through, you know, whether it's Zoom or Google meets
- 38:35or Microsoft Teams.
- 38:38And what I've experienced is the speed of business
- 38:41has rapidly increased.
- 38:45And the involvement of virtual meetings,
- 38:49in March and April, you know, I'm a business to business.
- 38:53I'm a consultant of mid-sized and large-sized companies.
- 38:56It was first the Zoom thing.
- 38:57People would be in their T-shirts.
- 38:59They'd have their hat on backwards.
- 39:01It'd be a jumbled mess in the background.
- 39:04You know, it was a temporary thing and they were home
- 39:06and probably, you know, in shorts and flip flops.
- 39:11Then once the general population became open
- 39:18to the positive impact of virtual meetings.
- 39:21Like, you know, like I work with companies out of Europe,
- 39:24so that means I can start phone calls or Google meetings
- 39:28or Zoom meetings at five in the morning
- 39:30because they're eight hours ahead of us.
- 39:33And I can have four, five, and six quality,
- 39:37highly impactful meetings completed now by nine AM, 10 AM.
- 39:43So in the global nature of it,
- 39:46if it's Australia, there are different time zones.
- 39:48If it's Asia, there are in a different time zone.
- 39:50But the global nature is absolutely accepted.
- 39:56Now, frankly, and it sounds, it looks like you do too, Jeff.
- 39:59I mean, you pay attention to your background.
- 40:01Cool, right?
- 40:03Yeah, because I get up and I get up and take a shower
- 40:07and I shave and I put on a, you know,
- 40:09I got a sweater and a undershirt on,
- 40:11but I'll put on a button up shirt
- 40:13if it's important client meetings
- 40:14because this is now the first impression in many cases.
- 40:18So do you want to have a messy background with terrible lighting?
- 40:24Do you want to pay a little bit of attention to your lighting,
- 40:26put something behind you that looks good?
- 40:29Are you going to comb your hair and shave?
- 40:31And, right, this is the new norm.
- 40:35Yeah, so you made me think, so productivity,
- 40:38that's the word that popped in my head
- 40:39or you talked about the speed of business
- 40:41and productivity as well, right?
- 40:43We're just much more, I would guess, productive, right?
- 40:47Because we don't waste time with all the other
- 40:49between stuff going to the office and commuting.
- 40:52Well, Jeff, think of the day when you would have to,
- 40:55you're going to go to an appointment
- 40:57and you got to get dressed, drive in your car,
- 41:00deal with traffic, park, walk in, sit in the lobby,
- 41:04have your half hour, 45 minute meeting
- 41:07and then do the reverse.
- 41:08I mean, you think about what kind of time
- 41:11that you've burned in that process.
- 41:13If you had a one hour meeting, the odds are
- 41:14you've burned three hours,
- 41:17going to parking, walking in that meeting.
- 41:20Now, it's absolutely normal to have that meeting.
- 41:27Right, yeah, I'm going to do it.
- 41:28Just like we're doing it right now
- 41:30and accomplish the same thing,
- 41:31I can still look in somebody's face,
- 41:32I can still see their eyes,
- 41:34I can still read their body language,
- 41:36but is it as good as a face-to-face meeting?
- 41:38No.
- 41:40Does convenience factor balance that off?
- 41:43I would say yes, absolutely.
- 41:46That's interesting, because for those listening
- 41:49and you might know this,
- 41:50part of what I help deliver for mortgage originators
- 41:53is classes or an educational platform
- 41:56to help them drive engagement conversations
- 41:59with real estate agents to drive referrals.
- 42:01And of course, pre-COVID was all in person
- 42:04because there was no like a thing forcing us to do virtual.
- 42:07But now of course post-COVID, there is.
- 42:10And I'm getting two camps.
- 42:13One camp is like people will say,
- 42:15like last week on our call, you know, a guy says,
- 42:17hey, you know, I asked all my agents
- 42:18who attended a meeting, do you guys want to go back
- 42:22to in person?
- 42:22And 80% of them said no.
- 42:25We're cool doing it just like this.
- 42:27But then we get the flip side where people are zoomed out.
- 42:30All right, so here's my take on it.
- 42:34I think my answer to that,
- 42:35and you'll probably appreciate this being a presenter,
- 42:37is I think people say they're zoomed out
- 42:39when you're zoom sucks.
- 42:41And it's boring, right?
- 42:42Right?
- 42:45Or it's like content that's irrelevant, I don't care.
- 42:48And then on the other side is like,
- 42:51what you're alluding to here is with the backgrounds
- 42:54and now we have to like, you know,
- 42:55not have a baseball cap on and have your lighting now,
- 42:58just like when people started with video,
- 43:00organic straight from your phone video was cool
- 43:02and it still is, but the expectations go up
- 43:05once it becomes more of something normal for us.
- 43:08And we're like, you know what I mean?
- 43:09Oh, look at that dude, he's like,
- 43:10you can't even hear him, can't see him, he's not shaved.
- 43:12Now people are going to be judging you in this more critical,
- 43:16I guess, micro experience of engagement with you.
- 43:20Does that make sense?
- 43:21Nope, no doubt.
- 43:22Here's a, this is a little epiphany I had.
- 43:26In today's new world, you get no extra credit
- 43:28for being to a meeting early.
- 43:30Mm-hmm, but you do get dinged heavily
- 43:33if you're one minute late.
- 43:34That's true, that's true.
- 43:37Right, yeah, if it's a team meeting,
- 43:40if it's a customer meeting, aspect meeting,
- 43:44being on time is huge.
- 43:47Now here, again, here's the plus and the minus
- 43:50of this new world.
- 43:51Well, I have six kids, four of them are homeschooling.
- 43:57Oh yeah, you're doing some challenges, mm-hmm.
- 44:01Right, and I'm in an office in a house
- 44:04where they're over there and three of them are boys.
- 44:10So it's not a crazy fact in the middle of something
- 44:15to hear a, oh, I'm gonna kill you.
- 44:18Right, so there are some challenges with this,
- 44:21but here's the truth, be told, Jeff,
- 44:24I've been working with a single client,
- 44:28a one client that has hired my full time
- 44:31and attention to build a company,
- 44:33build an entire legit company.
- 44:35I'm not talking, it's me, myself, and I, and I'm gonna do,
- 44:38and I'm not judging it, but I'm talking about a one man band
- 44:42and get on quick books and get a LLC established.
- 44:46And now I'm, quote unquote, in business.
- 44:48I'm talking about building a real corporation,
- 44:52real corporations with lawyers and bookkeepers
- 44:55and accountants and HR professionals,
- 44:57salespeople, marketing people,
- 45:00delivers of the service which are engineers.
- 45:03I've done all of that from this exact computer
- 45:06on, I don't always use this microphone,
- 45:08but this is being recorded.
- 45:10I have not met one person in person, not one.
- 45:14And I've hired 15 separate resources.
- 45:17If you think about even HR,
- 45:20you've got to have an HR person,
- 45:21you've got to have contracts drawn up
- 45:24that have to be approved by attorneys,
- 45:26think about health insurance,
- 45:28you think about business insurance,
- 45:30you think about taxation and bookkeeping,
- 45:32like building a legit business,
- 45:35and you just made me think about it,
- 45:36like I started this at the end of October,
- 45:39so we're 90, you know, 90 days in,
- 45:43actually about right now,
- 45:45and I've built the entire business
- 45:47without meeting one person.
- 45:48That includes shopping for property.
- 45:50I didn't meet the commercial real estate broker
- 45:52for the office space that will be,
- 45:54and now we're in London, we really need an office,
- 45:56but it's an engineering company,
- 45:58so there's equipment and stuff that we've got a house.
- 46:01Yeah.
- 46:02Well, let's pivot then back to sales,
- 46:04and back to your book then.
- 46:05So, are you training,
- 46:09or do you think that virtual selling,
- 46:11even though it's been around a long time,
- 46:14is that now like a skill that we have to have
- 46:18to be relevant in this quote new world?
- 46:211000% on virtual selling,
- 46:24so what has changed with virtual selling?
- 46:26Well, organization is critically important.
- 46:30Being able to send a file and receive a file
- 46:33and open it and look at it,
- 46:35or share a doc on a screen, absolutely critical.
- 46:38Using programs like eSign or DocuSign,
- 46:41getting contract signed like that.
- 46:44I'm going to send this to you right now, Jeff.
- 46:45All you got to do is click here, click here,
- 46:47and click there, and we're done.
- 46:49Let's go ahead and do that now.
- 46:51You know, the old days of, you know,
- 46:52you slip the contract over and hand them the back.
- 46:55Do the old Tommy off,
- 46:56you just put the pen in front of them.
- 46:59Well, that's now DocuSign.
- 47:02If you're a buttoned up.
- 47:03Yeah, I was going to say,
- 47:04so just not leave the two quick.
- 47:07This is the thing in our industry,
- 47:08and the mortgage and real estate industry is,
- 47:10those who aren't yet adapting,
- 47:12or have, you know, aren't building these skills
- 47:17to virtually conduct a business.
- 47:20Are they going to be left behind?
- 47:22I think so, unless their referral network is so strong,
- 47:26when you can't replace brand identity.
- 47:30So if somebody's been in this business,
- 47:31they're tried and true,
- 47:33you've got an army of former clients
- 47:36that either can become repeat clients
- 47:38because they re-fi or they move and need a new mortgage,
- 47:42but they're also talking about you.
- 47:45That's important,
- 47:46but I think there's a lot of people that miss the boat
- 47:48on their own public relations,
- 47:51basic stuff like their social media pages,
- 47:54their activity on social media.
- 47:56Are they using email to stay in contact with the people?
- 48:00Do they even have a database or a CRM?
- 48:02I mean, if you don't these days,
- 48:05it's just a matter of time when it's going to overtake you.
- 48:10It's interesting.
- 48:12It's something I'm thinking about a lot with virtual selling,
- 48:15if you will, or conducting business virtually,
- 48:18you just establish, you can build a business
- 48:20and never meet the people individually in person.
- 48:24There's so much we can talk about,
- 48:26like vetting off of some of these topics.
- 48:28If you don't mind, I want to bring it back
- 48:30to some of the notes from the book, if we can,
- 48:32because there's a lot of stuff in the book.
- 48:36Okay, so conversation framework.
- 48:41As I'm thinking about, and I'm reading through your book,
- 48:43and I'm thinking about, how do I apply this
- 48:44to the people who are listening to this,
- 48:46which is largely mortgage loan officers,
- 48:47who obviously are selling direct consumer right now.
- 48:50And you may well know the challenge in the space.
- 48:53Well, first of all, it's crazy busy,
- 48:54the housing markets on fire, people have refried like crazy,
- 48:57so it's just their throwing business at you, you know?
- 49:00And I think the need for selling in that environment
- 49:04has come down, right?
- 49:06Because it's like, look, if the rates are X,
- 49:08and you know that's a point less than I'm already getting,
- 49:11I don't need a lot of convincing, you know?
- 49:13And I kind of already know you or whatever,
- 49:15it's like, so let's just go with it.
- 49:17But, and so I want to have this conversation
- 49:19in the structure of, for those listening,
- 49:21is think about this conversation framework,
- 49:24which Jean is going to walk through in a moment,
- 49:25about it's still vitally important,
- 49:30like the first words that come out of your mouth,
- 49:32that first impression that you talked about,
- 49:33whether you're on Zoom or on the phone,
- 49:35and then a conversation framework for your partners,
- 49:39to me, which is equally and sometimes more critical,
- 49:41but big set up there.
- 49:44But, could you just unpack a little bit kind of what you mean
- 49:47when you talk about conversation framework?
- 49:50Yeah, there's, you can establish leverage
- 49:54or B leverage in a conversation,
- 49:56and one of the greatest ways to think about it is this,
- 50:00it's called frame control.
- 50:02The simplest way to put it is,
- 50:04the person that's asking the questions
- 50:06is the person in charge of the conversation.
- 50:09They're the leaders.
- 50:11And if you just understand some basic notions
- 50:14of what's called a pre-frame,
- 50:17what happens before you get on that collar in that meeting?
- 50:20How do you set it up?
- 50:22And you have establishing the dominant framework,
- 50:26the frame of reference,
- 50:27which means you are the one asking questions.
- 50:30Here's the most profound question
- 50:32that you can ask at the beginning of a meeting,
- 50:35or the beginning of a video meeting or in person.
- 50:38How can I help you?
- 50:40I know that sounds stupidly ridiculous,
- 50:43but you would be surprised at how many people
- 50:46miss this simple thing.
- 50:47Okay, you get on now.
- 50:48Now, imagine this.
- 50:49I've talked to you, Jeff.
- 50:50You're the, you're the mortgage guy
- 50:53that we had referred to me.
- 50:55Before we meet, you send me a series of emails.
- 50:58One is, hey, I thought you'd be interested
- 51:00in this long list of testimonials I have.
- 51:03Or the second one is, is, oh, thank you, you know,
- 51:05hey, John, thanks for referring gene to me
- 51:08and there's a connected email there.
- 51:11John, I won't tell him about your golf game, whatever.
- 51:13Something funny right there, right?
- 51:14So you got, there's all these little persuasive,
- 51:18simple things that you can do to pre-frame the meeting.
- 51:21So that person is excited to talk to you.
- 51:24They know they're talking to somebody
- 51:25that is intelligent in something they're not intelligent in,
- 51:29right?
- 51:30Like, for a lot of you listening right now,
- 51:32mortgage and points and title and that's like second nature,
- 51:35but to the normal person like me, that's foreign language.
- 51:39I want to be taught how to be a better buyer.
- 51:43So you pre-frame in advance.
- 51:45What are your touch points for somebody to say,
- 51:49yeah, I want to talk to you, let's schedule some time.
- 51:51Then it's saying, your first question out of the shoots is,
- 51:56hey, I'm so glad we both know Jeff, that's super cool.
- 51:58Let's get that right down to it.
- 52:00Here's what I like, here's what I like to say, Jeff.
- 52:02I want to be respectful of your time.
- 52:05So let's get right to it.
- 52:06How can I help you?
- 52:08Well, I'm looking to do this.
- 52:11Great, tell me more, okay?
- 52:15And then you just, you go right through
- 52:17the who and the what and the where and the when.
- 52:20Asking questions and yes, you need to know this information.
- 52:25But what you're unconsciously doing is taking charge of that situation.
- 52:31And so with a conversation framework, what you've done as I've read,
- 52:35I mean, you've come in and you've grown companies and done this amazing growth.
- 52:40Like you did at Gateway, you grew them, I forget what it started at,
- 52:43but you helped them scale to 11 billion with a B in sales.
- 52:46That's a pretty good win.
- 52:49You know, to the up there.
- 52:51But what you did, did you put a strategic framework together that was repeatable?
- 52:55And basically you follow that over and over again, right?
- 52:59Well, yeah, I mean, there's there's there's steps and sequences to every type of selling.
- 53:03I mean, if you're selling to the government,
- 53:05that's different than selling to an individual, right?
- 53:08But there are patterns and processes that if you study the successful people
- 53:13in any of the fields that you see it over and over again,
- 53:16you can understand what the typical patterns of what they do, how they do it,
- 53:20when they do it, when they ask for the business, when they ask questions,
- 53:24when they back off, but if you're looking at and studying the people that are the best,
- 53:30I mean, people are listening to your stuff, Jeff, because you've got a history of success.
- 53:35You're a hunter of the patterns of excellence in your job is to orate that,
- 53:40to synthesize that and feed it back to the audience.
- 53:43That's why people are you're listening right now,
- 53:45listen or wherever you are in your car or at the gym, right?
- 53:49Yeah, for sure.
- 53:50And so pattern recognition is, you know, Tony Robbins says is,
- 53:54what is the number one power in business and sales is anticipation, right?
- 53:59To anticipate, you've got to understand the patterns.
- 54:03Anticipate what?
- 54:05Anticipate buying behaviors.
- 54:07Anticipate what are the things that somebody needs to know or should know about you or your company,
- 54:14even prior to having the meeting?
- 54:16Anticipate what is the way you're going to run that meeting?
- 54:19You mentioned just winging it like, okay, hey, how's it going?
- 54:22Yeah, what are we doing?
- 54:23Like having a pattern and a process and a methodology, a roadmap of what you want to take somebody to,
- 54:29the customer journey that leads them to, yes, answer a conversion and ultimately referrals.
- 54:36If you, there are no shortage of training programs available.
- 54:39And Jeff, I'm assuming you have one yourself.
- 54:43Now, you have resources, you have tools.
- 54:45There is no shortage of resources and tools.
- 54:47But what I would challenge everybody to think about is this,
- 54:51anything you want to do, you can Google it or you can YouTube it at minimum, anything.
- 54:58Want to lose weight?
- 54:59Google it.
- 55:00Want to run a marathon?
- 55:01You never run in your life?
- 55:02Google it.
- 55:04Want to learn how to cook a five star meal?
- 55:06Google YouTube, right?
- 55:09It's all there.
- 55:10So here's my question, Jeff, why doesn't everybody do it?
- 55:14Why isn't everybody wildly successful, happy, proud of their body in a loving relationship?
- 55:20Why?
- 55:21Wow.
- 55:22That's a great question.
- 55:24In a simple way, I think because they choose not to, maybe consciously or unconsciously,
- 55:28but choose not to do what's required, learn what's required to achieve that outcome.
- 55:33Yeah.
- 55:34I mean, you're spot on.
- 55:36I mean, that's what has been in my head, since it's always in my head, it's like getting
- 55:42in shape.
- 55:43There's no, there's a gut, the zillion diets, right?
- 55:46What's that?
- 55:47No secret.
- 55:48I'm how to get in shape.
- 55:50It's like, eat less than you write and work out, right?
- 55:53It's like, it's not rock signs, but people don't.
- 55:55Because they're getting into all these choices and stuff.
- 55:58Let me bring it back to sales for a minute, because I wrote something down, maybe answer
- 56:03this question, because this is kind of what you did at Robbins and probably other companies
- 56:08as well.
- 56:09Take the same product and pricing and yet grow and outperform people who attempt to do the
- 56:17same before.
- 56:18And that's the perfect setup for largely what we have in the mortgage space is the products
- 56:22are pretty much the same.
- 56:23The pricing is pretty much the same.
- 56:26So how can somebody write, how do you grow and outperform if everything's baseline is
- 56:31relatively the same?
- 56:32Like, what's the, the other question to add on to that?
- 56:34Like you said, I think this is Tony's question.
- 56:36What's the difference that makes the difference?
- 56:38I was just going to say that.
- 56:40So what's the, you know, I just, there's no science behind this, but typically the, the
- 56:48clients that have hired me, I've consulted 159 companies.
- 56:51This was as a consultant, not working for the company and I spent 12 years at Gateway,
- 56:56almost four years with Tony and the rest has been, you know, I come in as the six, for
- 57:01six months or in some cases, that's a year or some cases two or three, is that most of
- 57:06the companies that I work with are the premium price.
- 57:10Okay.
- 57:11And what I say to them is if you have a premium price, you got to have a premium sales
- 57:14process and a premium story, okay, we all get that.
- 57:19But the truth is, unless your organization is dynamically and radically different than
- 57:25the marketplace, which is just very rare these days, unless you're the new one or you're
- 57:29the cheapest of everybody, outside of that, 90% of what you do is considered the same.
- 57:37Like, I would think mortgage agent A versus B versus C, you're all the same.
- 57:42It's kind of like hiring an attorney and I found this the hard way just because somebody
- 57:46used an attorney, doesn't mean they're a good one.
- 57:49It doesn't mean they're organized, it doesn't mean that I'm going to get along with them.
- 57:53It doesn't mean that I'm going to approve of what they say or do or agree with it, right?
- 58:00Well, that person's an attorney and I got referred, I'm just going, you know what I mean?
- 58:05So, there's a 10% difference that makes the difference and that's the human factor of
- 58:10what it is we do.
- 58:11Now what are some controllable elements in the human factor?
- 58:16How we build rapport?
- 58:19How we anticipate buying patterns and processes?
- 58:24You control the level and the quality of the questions that you ask.
- 58:29You control the speed at which you give responses, control the quality of those responses that
- 58:35you give, control the networking, you control what people say about you that are networking
- 58:42on your behalf called referrals for errors.
- 58:46You control how you stay in contact with former clients to say, hey, thought you'd appreciate
- 58:50this by the way, if you know anybody that's looking, make sure and keep me in mind.
- 58:55All that's controllable and I'm a huge fan, Jeff, of saying, I've done this for 30 years
- 59:03now, of spending the money on something, a course, event, a book, the tapes, the CDs,
- 59:13of spending the money because you give yourself personal obligation to actually follow through
- 59:20on the material.
- 59:23So there's so many people out there that just, you know, I've even sent people my book.
- 59:29I mean, the great thing about having a book, especially if it's a, you know, best selling
- 59:32book, which, you know, I'm honored for that, is that when I meet somebody and I get their
- 59:37address, I can send them a personal sign copy and that shows up.
- 59:41I mean, what a calling card.
- 59:44And my net cost on that is with shipping is probably seven or eight bucks rolled up.
- 59:49But my point is, is I do that to master the initial impression, to give them something
- 59:56of value first and not every time to somebody get the book and they read it cover to cover
- 1:00:02and they get on and write me a recommendation, no, I'm not doing it to get something from
- 1:00:06it.
- 1:00:07But I am doing it to master the frame up and build a lasting impression.
- 1:00:15Right.
- 1:00:16So if we say the 10% difference that makes the difference is the human factor, right?
- 1:00:22So.
- 1:00:24Yeah, there's a lot in there.
- 1:00:25If there are programs, I know I have a several friends that are in the real estate coaching
- 1:00:31business.
- 1:00:32I have other friends that are in the mortgage coaching business.
- 1:00:35And I'm just like, all of those people were super high level top performers in their
- 1:00:41day.
- 1:00:42And now they've chosen to teach other people how they did it.
- 1:00:46This old saying of those who can't do teach, I mean, I got riddled with that when I became
- 1:00:50the sales trainer and I'm like, dude, I was the number one seller.
- 1:00:53So shut up.
- 1:00:55But anyway, just STF you somebody's like, what about Lou Holtz, all right?
- 1:01:01My point to anybody listening right now, if you want to be great, it is highly unlikely
- 1:01:07you're going to do it just out of the biological wisdom you were born with.
- 1:01:12It requires intervention of somebody who's done what it is you want to do.
- 1:01:16And if you want to get yourself to follow through, put your money up, you'll follow through
- 1:01:20a lot higher.
- 1:01:21I had a personal trainer and the only time you could train me was at six in the morning.
- 1:01:25This is a few years back.
- 1:01:27I said, okay, I was all gun hoe and you know, New Year's resolution and my best body
- 1:01:32you're ever.
- 1:01:34And it was a hundred bucks a session, which whatever you think of a hundred bucks, it's
- 1:01:37a lot of money to me.
- 1:01:38You know, I don't care if I'm a gazillionaire, a hundred bucks going to be a lot of money.
- 1:01:41I'm going to still get the deals that McDonald's when I can't, just how I'm wired.
- 1:01:45I'm like, you're eating a McDonald's, I'm sorry.
- 1:01:48What's that?
- 1:01:49I'm fully eating it.
- 1:01:50The McDonald's.
- 1:01:51The metaphorically speaking.
- 1:01:54I think that's.
- 1:01:56There were many times I did not want to go to that session.
- 1:01:58I'm hitting snooze, hitting snooze and hitting snooze and I went because of the hundred
- 1:02:03bucks.
- 1:02:04Yeah, for sure, because you're on the hook, man, you got skin in the game.
- 1:02:07Anyway, that's my, I don't, I'm not pitching anybody's product.
- 1:02:11I'm just saying, I am the product of investing money in myself.
- 1:02:17and I would, the only thing I would have done 20 years ago
- 1:02:20is double down on those investments.
- 1:02:22Yeah, well, you said something that's very...
- 1:02:25I wanna make sure people don't overlook it
- 1:02:27and I wrote it down, premium,
- 1:02:29if you have a premium price,
- 1:02:31you need a premium process.
- 1:02:33Yeah.
- 1:02:34This pause for a second, thick because so many of people,
- 1:02:38the first words out of people's mouth,
- 1:02:40when they're calling this mortgage person is,
- 1:02:41yeah, what's your rate?
- 1:02:43What's your price?
- 1:02:45And to your point earlier about anticipation
- 1:02:47and you talked a lot in there about its sales process
- 1:02:50and the questions you ask
- 1:02:51and how do you show up before the meeting.
- 1:02:53So those that are listening right now,
- 1:02:54you guys know there's a lot of tools you have.
- 1:02:56Some of you currently use them,
- 1:02:57some of you could be,
- 1:02:59but to better control the perception, if you will,
- 1:03:04or the feeling that somebody has about you
- 1:03:07before you even talk to them,
- 1:03:09including if you're getting referrals
- 1:03:10from real estate agents and how do you tee up,
- 1:03:14how do you teach that referral partner to tee you up?
- 1:03:16For example, but I'm gonna come back to that,
- 1:03:18like for those listening,
- 1:03:20and probably some later later episodes,
- 1:03:22whatever, premium price needs a premium process.
- 1:03:24It's cool.
- 1:03:25Premium price requires a premium story
- 1:03:29and a premium process.
- 1:03:30That means when that I can get the same rate,
- 1:03:35I can get a better rate down the street comes up
- 1:03:37that you've gotta be prepared to answer that.
- 1:03:39Well, I'm sure you could get another rate.
- 1:03:42There's a reason why I have this many clients.
- 1:03:45There's a reason why you were referred to me,
- 1:03:46and it's this.
- 1:03:47Do you mind if we talk about that a little bit?
- 1:03:49How important is A?
- 1:03:50How important is B and how important is C?
- 1:03:53Because the truth is, Jeff,
- 1:03:55there isn't anything available on this earth today
- 1:03:58that you cannot find cheaper.
- 1:04:01Right.
- 1:04:02Right?
- 1:04:03You want to though, yeah.
- 1:04:04Yeah, I mean, you can have a cheap cell phone.
- 1:04:08You can have a cheap car, and I'm not judging it.
- 1:04:11You can buy cheap clothing or good clothing.
- 1:04:13There's a radical difference.
- 1:04:17The other key point you make in your book,
- 1:04:18there's so much, I mean, it's like, man,
- 1:04:21we could do like three different podcasts
- 1:04:22on your book and all the content.
- 1:04:23So, I wanna make sure before we forget,
- 1:04:25we're gonna put a link in the show notes,
- 1:04:26but a website for you guys to go get,
- 1:04:29you've got kind of a free preview of your book
- 1:04:31if people want it, right?
- 1:04:33Yeah, totally.
- 1:04:33Go to, it's a landing page.
- 1:04:35Go to the, the sales edge.
- 1:04:37That's the name of the book, the salesedge.co.
- 1:04:41And what you get, that come wasn't available.
- 1:04:44Yeah, what you get is a series of videos there.
- 1:04:45You get a free chapter review,
- 1:04:47but just go to Amazon and buy the book.
- 1:04:49Come on, you guys can afford it.
- 1:04:50Yeah, I mean, you know, if you, here would be a great example.
- 1:04:55Go to the salesedge.co, and I asked for your first name
- 1:04:59and your email address.
- 1:05:00We don't hound.
- 1:05:01I don't put you into some un-stupid drip campaign.
- 1:05:05You'll get a couple emails from us
- 1:05:08to invite you to and look at other programs,
- 1:05:10but the notion here is that you give something of value
- 1:05:14for free and let people make their own decision.
- 1:05:19If you like the chapter, then there's a chance
- 1:05:22you're gonna go to Amazon and drop 12 bucks for the book.
- 1:05:25Truth be told, how much I make on a book sale, Jeff?
- 1:05:29I know, very little.
- 1:05:31Yeah, two bucks, two dollars.
- 1:05:34So I'm not ethically bribing you for your $2.75.
- 1:05:40Right, but if you follow the sequence
- 1:05:44of a very inexpensive landing page,
- 1:05:46somebody puts in their name, it goes into a database.
- 1:05:51That database will allow me in an unobstructive way
- 1:05:56to reach out and say, hey, I just did a new video.
- 1:05:59I have this series I do on LinkedIn called
- 1:06:01the sales two-minute tune up.
- 1:06:04I thought it was cute.
- 1:06:05It's hard to get people to watch a half-hour video anymore.
- 1:06:09That is just a fact.
- 1:06:10I have a hard time watching a half-hour video.
- 1:06:12I can listen to a podcast while I'm driving in my car,
- 1:06:15no problem if I have that kind of a trip
- 1:06:19and I live in Southern California
- 1:06:21sometimes going 20 miles is two hours, right?
- 1:06:25But my point is I had to think of something
- 1:06:28that would give a quick hit of killer content.
- 1:06:31Like here's the other thing is, I give away my best stuff.
- 1:06:35I learned that from chat homes.
- 1:06:37So the chapter I give away at the salesedge.co
- 1:06:40is the best chapter.
- 1:06:41It's the chapter that's most unique to me
- 1:06:44on how to run the perfect first meeting.
- 1:06:48Yes, there's somebody's in sales
- 1:06:50and they're meeting new people
- 1:06:52and they've got to run that first meeting.
- 1:06:54This is a roadmap that I learned from another source,
- 1:07:01I modified that source because it was a little bit old,
- 1:07:04it was spin selling, remember that?
- 1:07:07I upped it and what I thought,
- 1:07:09I give all honor and homage to spin
- 1:07:10but I said, look, I've got a better way that works for me.
- 1:07:13I want to teach that to you.
- 1:07:15And it gives you a roadmap of how to run those first meetings.
- 1:07:18It doesn't matter whether you're in person on the phone
- 1:07:20or virtual.
- 1:07:21There's a certain sequence of events that has to happen.
- 1:07:24Number one, educate yourself on what they're trying to do.
- 1:07:27Number two, understand their gap.
- 1:07:30They either have a problem to solve
- 1:07:32or they have a situation they want to make even better.
- 1:07:35Three, take them to the future.
- 1:07:37I learned this in NLP.
- 1:07:38What's it going to mean for you to do this right?
- 1:07:40What's it going to mean for you to do this wrong in the future?
- 1:07:43And what if you do nothing?
- 1:07:44Where do you see yourself in six months to a year?
- 1:07:47Future pace them.
- 1:07:48Four, establish an emotional connection
- 1:07:52through a story of another client
- 1:07:54just like them that said, yes, and are glad they did.
- 1:07:56Then offer that case study, offer that phone call.
- 1:08:01I mean, that's how I want to be, you wouldn't be surprised, Jeff.
- 1:08:06As I've been building this company, I've had to interview,
- 1:08:09I don't know, I don't want to say hundreds.
- 1:08:10That's an exaggeration.
- 1:08:11Probably 50 vendors.
- 1:08:13Everything for who's going to be our SEO media spend buyer
- 1:08:17to who's going to build our website, who we're going to have
- 1:08:20for HR, who's going to do our bookkeeping.
- 1:08:22I've had at least five occasions where I liked the company.
- 1:08:26I liked what they were online.
- 1:08:28Maybe I got referred to them or I found them on Google.
- 1:08:31And the seller was so awful, so effing bad that I said,
- 1:08:36you need to go to the salesedge.co.
- 1:08:38You need to download my chapter.
- 1:08:40Do not call me back until you read that chapter
- 1:08:43and you follow this process.
- 1:08:45You're like, come back second approach.
- 1:08:47Let's see it better.
- 1:08:48Well, if you're always putting yourself in the buyer's shoes,
- 1:08:52think about it when somebody's selling to you.
- 1:08:54One thing I like about going to Best Buy
- 1:08:56is they're not commissions salespeople.
- 1:08:59They're walking around saying,
- 1:09:01what can I help you?
- 1:09:02How can I help you?
- 1:09:03How can I help you?
- 1:09:03Yeah, can you tell me how this plug-in,
- 1:09:06I need a docking station.
- 1:09:07I had to buy one and it was going,
- 1:09:10well, tell me what you're trying to do
- 1:09:11and what are you plugging in?
- 1:09:12And I had a Mac monitor, but I had a Google Chromebook.
- 1:09:15And the dude just educated me on the whole situation.
- 1:09:19And I didn't give a shit.
- 1:09:20What he was selling?
- 1:09:21I wanted the best one he had.
- 1:09:24Yeah, that happens hard.
- 1:09:27Show up to serve.
- 1:09:28Which by the way, thank you for sharing
- 1:09:29that your acronym edge EDGE, right,
- 1:09:32hence the title of the book.
- 1:09:34And I guess to close it out,
- 1:09:36it really kind of brings back front and center.
- 1:09:38This other thing you write in your book,
- 1:09:40which is experience does not equal effectiveness.
- 1:09:44You know this job, there's people that would say
- 1:09:48they've been in sales for 20 years,
- 1:09:50but they've done the same thing just 20 times a year
- 1:09:53or 20 times every year.
- 1:09:55They haven't grown, they haven't evolved.
- 1:09:58They're not working on their game.
- 1:10:00They're not studying their market.
- 1:10:02They're not studying their industry.
- 1:10:04They're not working on the skill set.
- 1:10:06And I don't have any judgment for them.
- 1:10:08It's, I gotta believe what's that?
- 1:10:12Dude.
- 1:10:13Okay, well, you can say it,
- 1:10:14but I have no judgment on those people,
- 1:10:16but you know, somebody isn't listening
- 1:10:19to this podcast in my voice right now
- 1:10:22that isn't an achiever of some level.
- 1:10:25Yeah, right.
- 1:10:26Success, there's plenty of room at the top,
- 1:10:29it's the bottom that's crowded.
- 1:10:31And I keep, you know, we get into the tactics
- 1:10:33of the sales process and everything it is I know.
- 1:10:36And I've studied as, you know,
- 1:10:39probably more than the average duck in terms of,
- 1:10:42let me go find the very best in the world.
- 1:10:44What are the number one selling books?
- 1:10:45And I always buy that and read it.
- 1:10:48What is out there that's new?
- 1:10:49What can I try?
- 1:10:50Well, you know, I was challenging my own self,
- 1:10:52but you know, it's achievers that are listening
- 1:10:57and reading and doing.
- 1:10:58It's the achievers.
- 1:11:00If you're listening to this now,
- 1:11:02it says something about you.
- 1:11:03You're hungry for more.
- 1:11:04You're either really good and you want it.
- 1:11:06You know, there's another level.
- 1:11:08You're getting lackluster results and you need help
- 1:11:12or you really suck,
- 1:11:13but you finally hit a point where you're like,
- 1:11:15I've got to go find a resource.
- 1:11:18Whatever stage you are on,
- 1:11:20it is the changing of your actions
- 1:11:22that will dictate your results.
- 1:11:24And if you understand the power of delayed gratification,
- 1:11:29that would suggest that.
- 1:11:31You don't, I mean, I'll just silly metaphor.
- 1:11:33You don't go to the gym for one week
- 1:11:34and expect to be in shape,
- 1:11:36but you do know, compounded that if you alter your diet
- 1:11:40in a positive way and you exercise over the course of time,
- 1:11:45you will lose weight.
- 1:11:46Over the course of time, delayed gratification,
- 1:11:49your body will start to shape differently.
- 1:11:52Your brain works the exact same way.
- 1:11:57And it's the same as true with like marketing,
- 1:11:59if we talk about like social media, for example,
- 1:12:01which is an area that I know a fair amount of people struggle
- 1:12:03with, how do I show up on social?
- 1:12:05What do I post?
- 1:12:06And you know what I mean?
- 1:12:07Figuring out that whole structure.
- 1:12:08People, ROI people often ask and it's like,
- 1:12:11they need to have the same principle
- 1:12:13of delayed gratification.
- 1:12:14Just before we had you and I recording,
- 1:12:17I was interviewing a loan officer out of the Bay Area.
- 1:12:21She did $200 million last year,
- 1:12:24pop one percent of the country.
- 1:12:25And she heard number one source of business is YouTube.
- 1:12:29Four years ago, she started on YouTube.
- 1:12:31Four years.
- 1:12:33That's delayed gratification.
- 1:12:36Oh, dude, I heard something that was so good
- 1:12:38and I was like, God, that's so spot on.
- 1:12:40This marketing guru said, allow people
- 1:12:43to rabbit hole on your content.
- 1:12:46I like that.
- 1:12:47Like that's YouTube.
- 1:12:49So whatever she does on YouTube.
- 1:12:50Here's this and here's that.
- 1:12:52And you know, there's four keys to this.
- 1:12:53There's three dangers you should avoid.
- 1:12:56The number one lesson I've learned.
- 1:12:58Here's a testament, whatever.
- 1:12:59I can only, I'm fairly probably accurate
- 1:13:01in predicting what she puts on there.
- 1:13:03Oh yeah.
- 1:13:04A little bit of time and attention,
- 1:13:05especially now when.
- 1:13:08Yes.
- 1:13:09We have a literal video production system in our hands
- 1:13:14that we can carry just like this.
- 1:13:18There's no excuse not to do it.
- 1:13:21Well, like rolling back to the story you opened up with
- 1:13:23was going to the seminars, driving,
- 1:13:26sitting in an event, having to go out of your way
- 1:13:30to get access to information
- 1:13:32that was gonna help you fulfill your vision.
- 1:13:35Today, you're holding up your phone as I am.
- 1:13:37Today, it's so damn easy.
- 1:13:41Well, there's dreamers and there's achievers.
- 1:13:46Okay.
- 1:13:47Always that.
- 1:13:48There's dreamers and achievers.
- 1:13:50The achievers are the ones that are getting information,
- 1:13:53looking for the information
- 1:13:54if they see something like they act on it.
- 1:13:55They know that the only way to change
- 1:13:58the long-term results is to change the current behavior.
- 1:14:01Yeah, I'm into that.
- 1:14:04You know, and I think on that,
- 1:14:06that's probably a good note to say
- 1:14:07some behavior you want to change is to get Jean's book.
- 1:14:11Oh, yeah, yeah.
- 1:14:12Well, you know, honestly, it's not a big pitchfast.
- 1:14:14Oh, don't get my book.
- 1:14:17Go get any book that's written by somebody
- 1:14:20that's done something pretty big and read it
- 1:14:23and highlight it or put it on your Kindle
- 1:14:26or put it on your mobile,
- 1:14:29what's the mobile book, the audio book,
- 1:14:30audio.com, audible.com, digest the info.
- 1:14:35Here's another one.
- 1:14:36I love podcasts.
- 1:14:39Why?
- 1:14:40Because in most cases, just like with Jeff,
- 1:14:43it's current.
- 1:14:44It's real.
- 1:14:44They're talking about subject matter and content,
- 1:14:47but it's now COVID.
- 1:14:49We're in a different stage of COVID right now.
- 1:14:51Like Jim Rohn says, life is like the seasons.
- 1:14:54You're gonna have your winters, your springs,
- 1:14:57your summers and your falls.
- 1:14:59And that is the pattern.
- 1:15:01That's the pattern of your relationship.
- 1:15:03That's the pattern of your body.
- 1:15:04That's the pattern of your business.
- 1:15:06It's the pattern of your income.
- 1:15:08And I believe it's the exact pattern of COVID.
- 1:15:11Where we're at the end of winter is my belief.
- 1:15:14Yeah.
- 1:15:15And next is spring.
- 1:15:16And we're all waiting for spring.
- 1:15:17That's true.
- 1:15:19Well, Jim Rohn says, what do you do in the winter?
- 1:15:21You don't wish you were easier.
- 1:15:22You wish you were better.
- 1:15:24You double down on personal development.
- 1:15:27Now, mortgage right now is hottest heck.
- 1:15:30I would challenge anybody listening to this
- 1:15:33at this stage right now.
- 1:15:34Pretend it's 2007.
- 1:15:36What happened then, Jeff?
- 1:15:37Remember those days?
- 1:15:38Yeah. Yeah.
- 1:15:40It was hell.
- 1:15:41What, talk about it.
- 1:15:43Well, I mean, nobody was loaned in money.
- 1:15:45It's like, your number one thing you sell is money
- 1:15:48and no one's loaning money, you know?
- 1:15:50And it's just like, okay, people don't want to buy houses.
- 1:15:53They can't qualify.
- 1:15:54There is no money to loan them.
- 1:15:56People are foreclosing and RIOs left and right.
- 1:15:58And it's just blood in the streets, you know?
- 1:16:01Well, guess what, Jeff?
- 1:16:02I feel really bad for probably a huge portion
- 1:16:05of your audience that has never had the benefit
- 1:16:08of experiencing a recession.
- 1:16:11Yeah. That's when you found out.
- 1:16:13That's when you found out who you were.
- 1:16:15Exactly.
- 1:16:16That's when many people found out they got drunk on success.
- 1:16:20They thought it would never stop.
- 1:16:21They spent money like it would never stop coming in.
- 1:16:24Multiple home, bought the rollies, got the nice cars,
- 1:16:28and actually, you know, they're overlavered.
- 1:16:30They're business stopped and they're screwed.
- 1:16:32Yeah, you've, you've got to prepare for winter
- 1:16:34because it's, it's coming.
- 1:16:36Just a matter of what?
- 1:16:38I don't want to be doom and gloom,
- 1:16:39but I'm also, you have to be an idiot not to think that,
- 1:16:43you know, winter, spring, summer, fall.
- 1:16:44It is harvest time in the mortgage business.
- 1:16:48It is harvest.
- 1:16:49Run as hard as you can if you're listening to me right now.
- 1:16:53Do not stop running.
- 1:16:54Pretend it goes away tomorrow.
- 1:16:56Jeff, your business in 07 or 0607 0809 died.
- 1:17:03And along with probably 60% of the mortgage pros died
- 1:17:10because they were not prepared.
- 1:17:12They treated the abundance of business
- 1:17:15as it's gonna be here forever.
- 1:17:16And I'm not gonna burn the midnight oil
- 1:17:19because I need to go to the happy hour
- 1:17:21and drink my face off.
- 1:17:23Don't do that.
- 1:17:25Yeah, it's stock your money away, invest for the future.
- 1:17:28And thankfully, it's not that all over again,
- 1:17:31but everybody listening knows that, you know,
- 1:17:33well, if this year already,
- 1:17:35the refires are gonna taper off in the second half
- 1:17:36of the year and, you know, all that kind of stuff.
- 1:17:38But I think the best way, it's like you said, you know,
- 1:17:42are you getting better, right?
- 1:17:44Don't, you can't be bitter.
- 1:17:45You've got to get better, whatever that's saying is,
- 1:17:47you can't be better and bitter, whatever it is,
- 1:17:49but you've got to work on yourself.
- 1:17:50We all know that.
- 1:17:51So the point is go check out Jean's book,
- 1:17:54TheSalesEdge.co.
- 1:17:55We're gonna put a link to the show notes
- 1:17:57and follow him on LinkedIn as well
- 1:17:58because you do have some cool videos up there.
- 1:18:00And it's like you've done so much, man,
- 1:18:02when you even talk about your stuff,
- 1:18:03you've interviewed like all the people from Shark Tank
- 1:18:05and, you know, the whole chat homes thing.
- 1:18:09That's just an amazing experience you had there.
- 1:18:11Chat homes are one of the most successful,
- 1:18:14like amazing.
- 1:18:15You wanna learn about sales, read your book
- 1:18:17and also, if you don't mind, read Chets book, right?
- 1:18:20The ultimate sales machine.
- 1:18:21Yeah, so good.
- 1:18:23Yeah, phenomenal stuff.
- 1:18:24So, Jean, I can't think of you enough, man.
- 1:18:27Oh, this is, it's my pleasure.
- 1:18:28It certainly is.
- 1:18:29It's my pleasure to just get a share of a perspective
- 1:18:32and if this touched somebody out there great,
- 1:18:34but, you know, here's the moral of the story.
- 1:18:36Pretend it's going away tomorrow,
- 1:18:38work like it's not gonna last forever
- 1:18:40and you'll never be sorry.
- 1:18:42There you go, yep.
- 1:18:43Work your buns off, work on yourself,
- 1:18:46plug into a program.
- 1:18:48Don't treat this time in your business
- 1:18:50that's super hot as it's gonna last forever.
- 1:18:53There was a point where I thought,
- 1:18:54when I was at Gateway,
- 1:18:56that that company would never go away.
- 1:18:57We're a multi-billion dollar company
- 1:19:00and it was gone within five years.
- 1:19:03Like the seasons changed and the company globally
- 1:19:06did not change with the seasons.
- 1:19:10And it's a 11 billion dollar, 21,000 person company
- 1:19:14that had grown over 15 years was gone within six.
- 1:19:17Gone, G-O-N-E, gone.
- 1:19:21And what's, why do you think they've gone?
- 1:19:23Like what was the thing that really,
- 1:19:25I mean, there must have been market forces or whatever
- 1:19:27or was it just internal?
- 1:19:28They didn't pivot or adapt or what was it?
- 1:19:30There was a disruption in the market.
- 1:19:32There was an over investment into retail.
- 1:19:36You know, we were traditionally a call us,
- 1:19:38we'll build your computer and we'll ship it to you.
- 1:19:41We had a manufacturing facility in Norse City, South Dakota.
- 1:19:44It was very inexpensive.
- 1:19:46Like our overhead was super low.
- 1:19:48The new CEO came in and doubled down on retail.
- 1:19:53Like retail buildings where you have leases
- 1:19:55and heat bills and employees and, and, and,
- 1:20:00we opened 300 stores in a matter of two years
- 1:20:03and a recession hit.
- 1:20:07The owner of the company was worth, I don't know,
- 1:20:11$20 billion, you know, semi-retired
- 1:20:13and then brought in a CEO who doubled down on retail
- 1:20:18and we had a recession and we got,
- 1:20:20we were thinking summer, like summer was never gonna end.
- 1:20:24Harvest time was never gonna end
- 1:20:26and I was running the government division
- 1:20:27so I wasn't part of the demise on the decision crew
- 1:20:31but when a recession hits and now you've got
- 1:20:36almost 400 retail stores around the world,
- 1:20:38you can't just shut down a retail store.
- 1:20:40You've got long-term leases.
- 1:20:41You've got overhead that is there
- 1:20:43and that began the demise of, of a company
- 1:20:48that was a Wall Street darling through the 90s
- 1:20:50that the stock split, I think four times
- 1:20:53it might have been more, runs to 80 splits,
- 1:20:55goes 40 back to 80, a lot of millionaires made
- 1:20:59and I, I never thought in my life
- 1:21:01that I would work for another company besides Gateway.
- 1:21:04I bled the cow spots.
- 1:21:07And it was gone.
- 1:21:09Wow, see that's, you just never know.
- 1:21:10So it's the, what, it's, what can you can control?
- 1:21:13You can control you, control how you respond.
- 1:21:16You can control working on yourself, you know,
- 1:21:18and who you surround yourself with.
- 1:21:20So, you become your peer group, yep.
- 1:21:22That's why listening to these things are so important.
- 1:21:25Well, I hope this has been a good one for the listeners.
- 1:21:26I know I've thoroughly enjoyed it.
- 1:21:28I got a bunch of notes and like I said,
- 1:21:30man, I'm gracious for your time
- 1:21:31and I'm incredibly busy, so thank you.
- 1:21:33Awesome, I am super busy going to my 10-year-olds
- 1:21:37basketball game.
- 1:21:39That's another pleasure of this virtual working.
- 1:21:41I have not missed a practice.
- 1:21:42I have not missed a game for almost a year now
- 1:21:44and I'm super freaking proud of that.
- 1:21:46It's awesome. Good for you, man.
- 1:21:48Well, let me sign off to you and the listeners.
- 1:21:49Thank you for tuning in.
- 1:21:50If you like this episode, you know what to do.
- 1:21:52Leave us a review.
- 1:21:53Gene will be in touch, man. Take care.
- 1:21:55Peace out. Rock and roll.
- 1:21:56See you, Jeff.
- 1:21:57Bye for now.
- 1:21:58Hey, guys, what's up?
- 1:22:05Real quick, you've heard about the Mortgage Marketing Pro
- 1:22:07membership before and I just want to quickly remind you
- 1:22:09if that you're in a place in your business
- 1:22:11where you simply need more purchased loans.
- 1:22:14You need to fill your pipeline with purchase business.
- 1:22:16Let's just face it, agents are still
- 1:22:18a solid pillar of business and sources of purchase business
- 1:22:21for you.
- 1:22:22Well, good news.
- 1:22:23Our Mortgage Marketing Pro membership helps loan officers
- 1:22:26like you close more loans without the hassle
- 1:22:28of chasing agents or cold calling.
- 1:22:31Done for you, agent classes, expert training videos,
- 1:22:33a marketing automation platform that
- 1:22:35automates the entire process for you,
- 1:22:37everything you need to build your personal brand
- 1:22:40in your local market, attract and convert agents
- 1:22:42into referral partners.
- 1:22:44Plus done for you proven marketing materials
- 1:22:47and plug and play content to make
- 1:22:49promoting your class, getting agents, butts and seats,
- 1:22:52partnering with affiliates, real easy.
- 1:22:54But that's not all.
- 1:22:56You'll also get access to our weekly mastermind calls
- 1:22:59with top L.O.'s, authors, speakers and coaches
- 1:23:02to learn the best strategies to grow your business right now
- 1:23:05in today's market.
- 1:23:07And as an extra bonus for limited time,
- 1:23:10for all new members, you'll get access
- 1:23:12to a database of 200 agents in your local market
- 1:23:15that have closed anywhere from eight to 50 transactions
- 1:23:19in the last 12 months.
- 1:23:21And we'll provide that list uploaded
- 1:23:22into our platform for you so you can get off to a fast start
- 1:23:25in reaching actually productive agents.
- 1:23:28So what are you waiting for?
- 1:23:29You can check out more at mortgagemarketing.pro,
- 1:23:32see more of the success stories there.
- 1:23:34And if you feel compelled to do so,
- 1:23:36book a call, we'll have a chat.
- 1:23:37We'll see if it's a fit.
- 1:23:39Don't miss out on this opportunity
- 1:23:40to take your mortgage business to the next level right now.
- 1:23:43Head over to mortgagemarketing.pro.