conrad-author-hires

Make More Money Doing The Most Important Thing In Business

BNI Elevate is a networking community organized to help our members make more money through structured collaboration and referrals.

And do you know what the most important thing you do in business is?

I’ll give you a clue.

It’s not your area of expertise or profession; it doesn’t matter that I’m the top website developer in the city if I don’t have any clients.

So the most important thing that we all do is work to get our next client.

And the easiest and least expensive path to that is Elevate.

To illustrate that, here are my latest stats from my CRM this morning.

My average cost to acquire a client is about $1,800 across all of my marketing methods.

My cost to acquire a client through Elevate is $9, which doesn’t factor the cost of my time.

Now if I factor the cost of my time, then that cost is higher, but it’s nowhere near $1,800.

My closing percentage across all marketing methods is about 30% and that’s pretty good.

But my closing percentage when I’m referred is 60%, and in the last year, referred deals were 64% of my business.

So when I revisit my marketing strategy every month, I am constantly asking myself how I can do better at networking and how I can get more referrals.

Recently, we just completed a series of Make More Money Moments on 121s, and at Elevate, that’s going to be the foundation for building relationships and getting referrals.

In the coming weeks, I’ll be teaching you some of my advanced networking tactics and if you implement them, I guarantee that you will get more referrals and make more money.

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on print
Share on email

Categories

Featured Articles

Stay in Touch With Us

Sign up for our blog updates where we share valuable networking and sales tips.