[LTBR] Episode 30 – How To Create a Highly Responsive List
From Studio 88 #studio88 of Let’s Talk Business Radio #ltbr #chandler #chandleraz Troy Warren #troywarren and Michael J reveal How To create a responsive list.
Dallas Mclaughlin Business Social Media expert brings the GOOD NEWS in the social media world announcing new Instagram #instagram features.
Our Legal Tips #legaltips attorney Paul Ticen discusses the registration and selection of the domain name for your business.
Domain Name Selection #domainname
Today we answered a question for Gregg Elrod in Nashville, TN.
Thanks for taking my question. I have enjoyed the shows and learning a lot.
I am working for a PEO (professional employer organization). You probably know what that is but just in case someone else is reading this first it’s an organization that goes into a business and performs all their human resource activities. Small and medium sized businesses lack either the know-how or the funds to do it for themselves effectively. We do everything… payroll, taxes, benefits admin, 401k, health ins., safety, gov’t compliance, workers comp, record keeping, risk assessment…etc.
The company I work for has one of the best referral programs I’ve ever heard of. If a person refers me to a business, along with their recommendation and blessing and I sign them as a client then they receive anywhere between $250-1,000 depending on the number of employees in the business PLUS 5-10% of the deal paid out monthly… every month… for as long as they are a client of mine. I’ve sold one through a referral. It was a 110 employee company. This individual who got me “in” is going to receive $1000 upfront and $275 per month… every month…for as long as they are a client of mine. We keep our clients on average over 7 years. So you see it’s not just a referral fee… it’s residual income. The best part is I do all the heavy lifting as you like to say.
MY QUESTION IS: What is the best way to find people who can get me these referrals???? That sale was so much easier than the cold calling I normally do.
Thanks in advance.
Questions and Answers