Your Dream Referral Partner Formula
Yakov Smart
President @ Investor Attraction Academy | Author of "Attracting Investors" | Host of "The Raising Capital Show" | Changing the Game Of Raising Capital and Attracting High Net-worth Investors
Dear Business Owner,
Even though you’ve heard that getting more referrals from other professionals can be powerful for growing your business and your income…
You probably haven’t heard of the Dream Referral Partner Formula yet.
Here’s a simple equation to explain how it works:
Let’s say that (On average) you make $4,000 in revenue for every client you sign within 90 days of them signing...
Obviously that number can be a LOT higher depending on the package they sign on for or if they work with you on more of a long-term basis, but let’s be super conservative with our calculations.
Well there are other professional service providers who can EACH easily refer you to at least one new client every month.
More specifically, your “Dream” Referral Partners are already doing a lot of business so let’s say they can refer you to AT LEAST three additional clients every month.
So now let’s take your average rev. for the first 90 days of every client you sign ($4,000) and multiply that by three.
$4,000X3= $12,,000 in additional revenue every month.
Now let’s imagine you were to add a new Dream Referral Partner within the next 90 days and that referral partner started sending you an average of three new clients every month.
That would mean you’re making an additional $12,000 every month, and we’re being SUPER conservative with the math here.
What kind of impact do you think making an additional $12,000 in revenue every month would have for you?
Maybe it would give you the freedom to hire an assistant so you could spend LESS time working.
Maybe it would allow you to go on an extravagant family vacation or buy something for your spouse they’ll never, ever forget.
Maybe it would allow you to comfortably start investing and building your legacy faster.
Maybe it would even give you a whole new sense of confidence knowing you can provide for your loved ones on a much bigger scale.
Whatever impact an additional $12,000 every month would have for you, that’s just the tipping point.
Can you imagine what would happen if you started to add a Dream Referral Partner every quarter?
That’s part of what makes the Dream Referral Partner Formula so transformational for professional service providers.
Of course, the key is to also identify and approach your Dream Referral Partners in a way where they happily send you referrals every month.
Easier said than done?
Not when you have the right positioning to stand out from everyone else in your market, messaging that makes potential referral partners want to find out more and Referral Power Offers for turning those conversations into recurring referrals.
So if you're reading this and want a scalable system for leveraging the Dream Referral Partner Formula and getting 3 or more additional referrals every month...
Make sure to click here and apply for your free consultation or send me a message here on LinkedIn for more details.
Cheers,
Yakov Smart
Helping Brokers to close 4-5 New loans per month ?? | Mortgage Consultant | Mortgage Marketing
2 年Yakov, great post thanks for sharing!
Raising Capital? | Ask Me About A New Way Of Finding High Net-Worth Investors Using LinkedIn
3 年Great Content!