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Eastgate
Boot Camp… Overall
Objectives                                  Eastgate

To provide knowledge for visualizing goals
Put actions in place to realize goals
Explore opportunities in marketing
Thing outside the box with social networking
Be the best in listing presentation

And….

 KICK SOME BUTT!!!
Business Planning
                                            Eastgate

 Understand that “Attitude is Everything
 Create SMART ATTAINABLE GOALS
Understand the components of a business
 plan and how to build on e to achieve
 success.
Have fun!!!
Eastgate
GOAL(S)…(its not just another four
letter word)
                                        Eastgate



    Studies show that only 2 PERCENT of
  North Americans ever set goals in writing.
      BUT of those goal set in writing,
   60 PERCENT were achieved in the first
                   year.
5 ways to Jump Start your
business                                                                  Eastgate


1. Forget Regret-       Take a quick look back at past
   business but keep it quick and positive.
       “When one door closes, another opens; but we often look so
       long and so regretfully upon the closed door that we don’t see
       the one which has opened for us.” – Alexander Graham Bell

2. Know that Spring is coming- The excitement is
   starting to build so it’s a great time to call on prospects and past
   clients.
5 ways to Jump Start your
business                                     Eastgate
3. Goals should be SMART
Specific
Measurable
Attainable (but not too easy)
Realistic
Timely

Assess your goals every WEEK. Hang them in your
office so you can see them everyday. Go over them
with a third party to keep yourself accountable.
5 ways to Jump Start your
business                                                       Eastgate

4. Take responsibility for your actions.                    Part of
  achieving goals is taking responsibility for accomplishing those
  goals.
5. Understand that you DO have time.              You can
  find time to do anything if you want it bad enough.


     T.I.M.E. (That Is My Excuse)
Why should we set goals?
                                        Eastgate

Goals provide a sense of direction and
 purpose.
We must set goals to achieve the
 success we want, regardless the kind of
 endeavor you undertake.
The feeling of achieving the goal at task
 is amazing!
Why should we set goals?
                                      Eastgate

How do you get from point A to point B
 if you don’t have a plan?
The success or failure of achieving
 something is defining goals and working
 towards them.
Working towards goals allows you to
 change your future.
7 Steps to SMART Goals
                                                    Eastgate
1. Make sure the goals you are working for are something you
   really want, not just something that sounds good
2. It cannot contradict any of your other goals.
3. Develop goals in all 6 areas of your life

                      Financial and Career
                        Family and Home
                      Spiritual and Ethical
                      Physical and Health
                       Social and Cultural
                     Mental and Educational
7 Steps to SMART Goals
                                                         Eastgate

4. Write your goal in the positive instead of the negative.

5. Write your goals out in complete detail-be specific

6. By all means, make sure its high enough- yet attainable.

The MOST important step…

7. Write them down!!!
The 4 Steps in Planning
                                       Eastgate
  Assess the situation

  Define your business focus

  Decide on the end result you want

  Decide what you will do and how you
   will do it to attain these results
Market Analysis
                                  Eastgate



  Market       Market     Competitors
 Conditions    Trends     Companies
                            Agents


               Challenges
              Opportunities
Market Analysis
                                 Eastgate


 Total number of homes listed

 Total number of homes sold

 Homes Available by Price Range
Competition
                                 Eastgate


    List your Real Competitors

    Do the Statistics

    List the services
Dare to Compare
                  Eastgate
Choose Your Target Market
                            Eastgate
Your Business
                                          Eastgate




  Personal     Strengths Customer      Personal
  Statistics   Challenges Satisfaction Internal
                                       Analysis

                 Challenges
                Opportunities
Review Your Business
                                               Eastgate

   Ratio of Listings taken to Listings Sold
   Average Time on Market for Your Listings
   Your Ratio of Sales Price to List Price
   Your Business Balance
   Your Best Markets for Finding Buyers/Sellers
   Sources of Business
Personal Internal Analysis
                                               Eastgate


    Analysis of your attitude toward your business
    Barriers the deter you from goal
    Personal challenges family
    Personal challenges other
    Motivators
    How can I address the challenges and barriers
Vision Statements
                                        Eastgate
 The specific business you are in
 The geographical target markets you
  serve or what to serve
 The services you provide
 The specific groups of people you
  provide service to
 Your business ideals
Eastgate
Tips on Vision Statements
   Vision statements should be:                         Eastgate
            Well –defined
            Restrictive
            Complementary with your company statement

   Vision statements are:
            Not lightly changed
            Written in the present tense
            Not objectives or tied to time

   Vision statements include:
            Statement of what you specialize in
            Where you work
            Areas you serve
            Your target markets
            Your values
            Your services
Sibcy Cline Mission Statement
                                Eastgate
Measure Objectives
                        Eastgate
     Listings taken –
     Listings sold –
     Actives -
     Buyer Sales -
     Referrals out -
Level 1
                                     Eastgate

   Have your business cards
   Continuing education completed
   Go to meetings
   Dress for success
   Basic Web Site
Level 2
                                 Eastgate


  Level 1 PLUS
  Resume, Testimonials
  Knowledge of the area
  Some prospecting, marketing
Level 3
                                   Eastgate

   Level 1 & 2 PLUS
   Dynamite Web Page
   Personal brochure designed
   Past client list on file
   Listing presentation is good
   Know your key areas well
Level 4
                                                 Eastgate
Level 1, 2 & 3 PLUS
Listing Presentation is the best with all the
 extras
Systems in place
Prospecting is the key to your success
Marketing plan is in writing
Branding is paramount
Expand areas of expertise
You’re hired for knowledge and marketing
Embrace technology
Business Analysis
                    Eastgate
Business Analysis
                    Eastgate
How many sales can you generate
from…
                              Eastgate
Top Mistakes
                                                  Eastgate
Failing to Build Your Real Estate as a Business
Poor Financial Management
Poor Use of Time
Not Investing in Your Most Important Business Asset:
Yourself
Not Making Yourself Available to Prospects and Clients
24-7
Failing to Communicate Frequently
Being Inconsistent
Ignoring the Fundamentals
Talking Too Much, Listening Too Little, and Then Going
Silent
Homework
                                       Eastgate

 Create Analysis of last years business
  Where did your business come from
  What worked what didn’t work

 Market Analysis

 Begin Business Plan/Goals for 2012
Next Week
                                             Eastgate

Wednesday, February 15th

Social Networking

When companies like Procter & Gamble, Dell,
Apple, IBM, Microsoft, Zappos and Amazon dive
head first into the process, you can be certain
there is plenty of oportunity out there. So why
aren’t you working it???
Eastgate

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Business planning

  • 2. Boot Camp… Overall Objectives Eastgate To provide knowledge for visualizing goals Put actions in place to realize goals Explore opportunities in marketing Thing outside the box with social networking Be the best in listing presentation And….  KICK SOME BUTT!!!
  • 3. Business Planning Eastgate  Understand that “Attitude is Everything  Create SMART ATTAINABLE GOALS Understand the components of a business plan and how to build on e to achieve success. Have fun!!!
  • 5. GOAL(S)…(its not just another four letter word) Eastgate Studies show that only 2 PERCENT of North Americans ever set goals in writing. BUT of those goal set in writing, 60 PERCENT were achieved in the first year.
  • 6. 5 ways to Jump Start your business Eastgate 1. Forget Regret- Take a quick look back at past business but keep it quick and positive. “When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we don’t see the one which has opened for us.” – Alexander Graham Bell 2. Know that Spring is coming- The excitement is starting to build so it’s a great time to call on prospects and past clients.
  • 7. 5 ways to Jump Start your business Eastgate 3. Goals should be SMART Specific Measurable Attainable (but not too easy) Realistic Timely Assess your goals every WEEK. Hang them in your office so you can see them everyday. Go over them with a third party to keep yourself accountable.
  • 8. 5 ways to Jump Start your business Eastgate 4. Take responsibility for your actions. Part of achieving goals is taking responsibility for accomplishing those goals. 5. Understand that you DO have time. You can find time to do anything if you want it bad enough. T.I.M.E. (That Is My Excuse)
  • 9. Why should we set goals? Eastgate Goals provide a sense of direction and purpose. We must set goals to achieve the success we want, regardless the kind of endeavor you undertake. The feeling of achieving the goal at task is amazing!
  • 10. Why should we set goals? Eastgate How do you get from point A to point B if you don’t have a plan? The success or failure of achieving something is defining goals and working towards them. Working towards goals allows you to change your future.
  • 11. 7 Steps to SMART Goals Eastgate 1. Make sure the goals you are working for are something you really want, not just something that sounds good 2. It cannot contradict any of your other goals. 3. Develop goals in all 6 areas of your life Financial and Career Family and Home Spiritual and Ethical Physical and Health Social and Cultural Mental and Educational
  • 12. 7 Steps to SMART Goals Eastgate 4. Write your goal in the positive instead of the negative. 5. Write your goals out in complete detail-be specific 6. By all means, make sure its high enough- yet attainable. The MOST important step… 7. Write them down!!!
  • 13. The 4 Steps in Planning Eastgate  Assess the situation  Define your business focus  Decide on the end result you want  Decide what you will do and how you will do it to attain these results
  • 14. Market Analysis Eastgate Market Market Competitors Conditions Trends Companies Agents Challenges Opportunities
  • 15. Market Analysis Eastgate Total number of homes listed Total number of homes sold Homes Available by Price Range
  • 16. Competition Eastgate List your Real Competitors Do the Statistics List the services
  • 17. Dare to Compare Eastgate
  • 18. Choose Your Target Market Eastgate
  • 19. Your Business Eastgate Personal Strengths Customer Personal Statistics Challenges Satisfaction Internal Analysis Challenges Opportunities
  • 20. Review Your Business Eastgate  Ratio of Listings taken to Listings Sold  Average Time on Market for Your Listings  Your Ratio of Sales Price to List Price  Your Business Balance  Your Best Markets for Finding Buyers/Sellers  Sources of Business
  • 21. Personal Internal Analysis Eastgate  Analysis of your attitude toward your business  Barriers the deter you from goal  Personal challenges family  Personal challenges other  Motivators  How can I address the challenges and barriers
  • 22. Vision Statements Eastgate  The specific business you are in  The geographical target markets you serve or what to serve  The services you provide  The specific groups of people you provide service to  Your business ideals
  • 24. Tips on Vision Statements Vision statements should be: Eastgate Well –defined Restrictive Complementary with your company statement Vision statements are: Not lightly changed Written in the present tense Not objectives or tied to time Vision statements include: Statement of what you specialize in Where you work Areas you serve Your target markets Your values Your services
  • 25. Sibcy Cline Mission Statement Eastgate
  • 26. Measure Objectives Eastgate Listings taken – Listings sold – Actives - Buyer Sales - Referrals out -
  • 27. Level 1 Eastgate Have your business cards Continuing education completed Go to meetings Dress for success Basic Web Site
  • 28. Level 2 Eastgate Level 1 PLUS Resume, Testimonials Knowledge of the area Some prospecting, marketing
  • 29. Level 3 Eastgate Level 1 & 2 PLUS Dynamite Web Page Personal brochure designed Past client list on file Listing presentation is good Know your key areas well
  • 30. Level 4 Eastgate Level 1, 2 & 3 PLUS Listing Presentation is the best with all the extras Systems in place Prospecting is the key to your success Marketing plan is in writing Branding is paramount Expand areas of expertise You’re hired for knowledge and marketing Embrace technology
  • 31. Business Analysis Eastgate
  • 32. Business Analysis Eastgate
  • 33. How many sales can you generate from… Eastgate
  • 34. Top Mistakes Eastgate Failing to Build Your Real Estate as a Business Poor Financial Management Poor Use of Time Not Investing in Your Most Important Business Asset: Yourself Not Making Yourself Available to Prospects and Clients 24-7 Failing to Communicate Frequently Being Inconsistent Ignoring the Fundamentals Talking Too Much, Listening Too Little, and Then Going Silent
  • 35. Homework Eastgate Create Analysis of last years business Where did your business come from What worked what didn’t work Market Analysis Begin Business Plan/Goals for 2012
  • 36. Next Week Eastgate Wednesday, February 15th Social Networking When companies like Procter & Gamble, Dell, Apple, IBM, Microsoft, Zappos and Amazon dive head first into the process, you can be certain there is plenty of oportunity out there. So why aren’t you working it???