The information just got better & better!  The topic today was PROFIT!  Here are my TOP 10 ideas from day 4!

  1. Remember... there is a direct correlation between the money we earn and the service we give other people.  If you are in this business "short of money", it means you simply have not given the type of service to other people that they want. 
  2. Our ego keeps us from doing what we are supposed to do... from changing our behavior and learning what we need to learn.
  3. One of the reasons agents do not earn more money is that they give away their services.  Your knowledge, your skills and your time are the most valuable assets we have... don't give them away.
  4. If you're skating on thin ice... skate real fast!
  5. Make peace with imperfection. (This one is really hard for me, but I recognize it must be done).
  6. Make customer service your obsession... it will bring you more business and income.  Remember, great service creates profits, repeat business and referrals.
  7. Remember your biggest expense is always the ego.  Ego and profitability are NOT close friends.  If you want to satisfy a big ego and create big profits... your money is heading in opposite directions.
  8. Look closely at your net spendable profit, rather than your gross income.
  9. Look for little successes every day.
  10. You can make money or excuses... not both.

You can view my notes on Mike Ferry Superstar Retreat Day 1 - Topic ~ MINDSET by clicking here.

You can view my notes on Mike Ferry Superstar Retreat Day 2 - Topic ~ SKILLS by clicking here.

You can view my notes on Mike Ferry Superstar Retreat Day 3 - Topic ~ PRODUCTION by clicking here.

 
Post is included in group: Mike Ferry

15 Comments on Mike Ferry Superstar Retreat Day 4 - Topic ~ PROFIT ~ My Top 10 Ideas!

JUL
21
2007
364,385 Points 59 Featured Posts Localism Sponsor Outside Blog Hit Router
Sue, thanks for the daily updates on the Superstar Retreat.  It's nice to see the information distilled into 10 small soundbites each day.  I'm sure you've learned a lot from the conference.
3:31pm • #1
1 Featured Post
These are great points.  I agree and would add one more. TIME KILLS DEALS.
3:32pm • #2
3 Featured Posts

Brian:  That is always a challenge in seminars & retreats.  Sometimes the information is overwhelming.

Eric:  Great addition.

3:35pm • #3
4 Featured Posts

Good stuff.  I'm a buffini guy myself, but I'm always peeking over the fence to see what Mike is doing too.  I think if you could combine the two systems, you'd make millions.

3:36pm • #4
3 Featured Posts
John:  That's the beauty of this business, we're not restricted to just one mentor.  I think as with all systems, it is like a buffet... Take what you want & leave the rest.  My recommendation is just DO SOMETHING!  Do it well & do it often!
3:40pm • #5
207,310 Points 5 Featured Posts
Great post Sue, I like Mike Ferry.  I especially like the you can make money or excuses, how true is that. 
3:49pm • #6
3 Featured Posts
Brian:  We all know agents that would rather make excuses, don't we?
3:54pm • #7
3 Featured Posts Localism Sponsor Outside Blog Hit Router
Great Post, Sue. I like the seven pointers and will print them and read your notes.  Thank you for sharing.
5:00pm • #8
3 Featured Posts
Sue, After reading your four posts on Mike Ferry's retreat I have been actively looking for a good seminar/training to go to.  I have one at the end of August that I have been signed up for but I can't wait that long!!!   Thanks for reminding me how powerful these things are.
R O
6:41pm • #10
134,956 Points Outside Blog
Aww Sue,  this one got by me but I saw it.  Another great post!!  Thanks for bring back good tidbits for us.  I really liked number five and number ten on this one!!
8:30pm • #11
223,885 Points 2 Featured Posts Outside Blog

Well Done Sue,

It's always a good idea top go to one of Mike's work shops or Conferences for a realty check, he and you are correct... Show Up For Work, be disciplined and schedule your day. Be just Like Ralph Roberts , he has a hour of power each day at the same time, Ralph calls a hundred people from his  sphere of influence, past clients, friends, etc, every day at the same time.

Thanks Sue Great post!

11:29pm • #12
JUL
22
2007
3 Featured Posts

Steak:  A good kick in the butt is almost always a good idea!!

Kimberly:  5 is my nemesis and 10 is well... just excellent I agree.

Fred:  The basics work every time, don't they? 

12:15am • #13
JUL
29
2007
I am using a Mike Ferry Coached professional to sell our home in Los Angeles I am anxious to observe the Ferry concept in action......
Joe Brecker
8:30pm • #14
3 Featured Posts
Hi Joe:  I'd love to hear your results.  I have complete confidence that your results will be positive... Remember, as the seller - your cooperation plays a large role in the success of the transaction.  All my best!
8:54pm • #15

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Sue Nelson, Broker/Associate Las Vegas Real Estate ~Team Rhino~

Las Vegas, NV

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ERA Sunbelt Realty

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