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I am taking a break, and find it cool to include this widget here, marking the COUNTDOWN to year 2009.
Enjoy! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
Some of you reading this blog, are business people.
Some of you reading this blog, are salespeople.
Some of you reading this blog, are financial associates. (like me) 🙂
If you belong to any of the above category, what I am about to share with you, will be something worthwhile reading.
I am going to share with you a formula, I read from Adam Khoo’s book, “Secrets of Building Multi Million Dollar Business” that will help you, INCREASE your sales revenue by leapts and bounds.
I will put it in my context, and I hope you can put yourself in my shoe, and later apply this concept in your own business.
If you happen to be my client, you will be nodding your head in solidarity agreement, that whatever I did, mutually BENEFIT both parties.
Myself from a business point of view, and YOU, as my client.
The formula is…
Total SALES REVENUE = Number of Clients X Average Dollar Purchase X Number Of Repeat Purchase
Ways To Increase Number of Clients
1) Create Blog & Maintain Email List
2) Social Media like facebook, friendster, myspace +++
3) Make more cold calls
4) Telemarketing
5) Roadshows
6) Network in Seminars
7) Referral System
Ways To Increase Average Dollar Purchase
1) Financial Planning
This is the only way for us to uncover the true shortage of critical illness coverage one needs as a form of income replacement, funds needed for retirement or funds needed for children’s education
2) Education
Our duty as financial associates is to educate and motivate you to make the right decisions. Once, you see and you understand the needs and the rationale, only then you will make the decision.
Ways To Increase Number of Repeat Purchase
1) Exceed clients expectation and give them a wonderful experience
2) Build friendship with them
3) Keep in regular contact
4) Send them special occasion card
5) Start a loyalty program
6) Again…Financial Planning…
Through proper financial planning, an advisor will have a proper system to follow up with client. Advisors can do yearly review, to help identify clients’ contemporary needs in years to come.
Thus far, I strongly believe that financial planning is the most powerful methodology that can benefit both clients and us, as advisors. 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
The festive mood filled the air, and everyone seems to throng the streets to fulfill their innermost desire, to shop and to shop.
From Jurong to Tampines, everywhere around Singapore…
Great discounts splattered over the malls, and people in their midst of excitement grabbed what they could for these festive seasons.
I like to take this opportunity to wish all, reading this blog, a Merry Christmas and a Happy New Year.
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
Today, I am going to illustrate to you, one key formula, that I subscribe dearly to, which I will termed it here as “The Rules Of Wealth“.
It is a formula that I adhere to, and one that have helped me in my daily life.
The Formula is
Wealth = Effort X Time X Scalability
Most of us believe that in order, for us to attain more success, we have to put in more EFFORT.
…or we have to put in more TIME.
Of course, all these will variably increase your probability of success.
You put in more effort, you get more results.
You put in more time, you get more results too.
One element, that I will like to introduce here is called, “Scalability”.
Let me illustrate…
Example, if you are a tuition teacher.
You can teach, one student at a time.
However, in order for you to make more money, you can definitely have more teaching slots, devote more time, or increase the hourly rate you charge by introducing some unique teaching experiences.
Yet, you still have so much LIMITED time and so much LIMITED energy.
Wealth = Effort X Time X Scalability
By applying the formula above, perhaps you can
1) Write a book on accelerating learning techniques, so that your book can reach the mass
2) Teach a class, consisting of MORE students, instead of personal tuition
3) Have a blog, where you can communicate your messages with thousands of your students and parents instead, one on one.
4) Delegate your work to the experts. Instead of doing all the administrative yourself, delegate all these work to others and concentrate fully on giving value to the mass.
Yup…. So, today’s formula.
Wealth = Effort X Time X Scalability
Think, how you can use this formula in your job, in your business or even in your life!
Enjoy! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
I think, that time flies very fast.
Its just like yesterday, I completed army and joined NTUC Income.
Now, its more than a year for me.
Btw, I just chanced upon a video, I created 2 years back.
It is my video in Cape Town, South Africa.
Think that I will just add in here, to add in the “personal” touch.
Enjoy! 🙂
p.s. By the way, if you wish to discover a simple & halal way to create a positive monthly cashflow and calculate your net worth for FREE, then please click here…
