Dollars and Sense: Knowing Where to
Spend and When to Save
Presented by
Darin Persinger
Founder
ProductivityJunkies.com
"Although profits are required
for business just like eating is
required for living, profit is not
the purpose of business any
more than eating is the
purpose of life."
- Theodore Levitt
Time is more precious than money.
It s a nonrenewable resource. Once
you ve spent it, and if you ve spent it
badly it s gone forever. -Neil Fiore
The Budget
Methodology
1. Make every dollar work for you
2. Have a reserve account
3. No plan survives!!
4. Don't live commission check to!!
commission check!
ROI!
!Return on Investment
Opportunity Cost
Return On Investment
!
Opportunity Costs
!
The Key Indicators
1. How much is your time worth?!
2. How much is a lead worth?!
3. How much is a "follow up" activity
worth?!
4. What are you willing to spend on
marketing a listing?!
5. How much is repeat & referral
business worth to you?
Business Plan Made Simple
How will you invest your
time to get those
appointments?
How will you invest your money to get
those appointments?
How will you invest your
time to get those
appointments?
How will you invest your money to get
those appointments?
Invest in
assistance
How will you invest your
time to get those
appointments?
How will you invest your money to get
those appointments?
Add Assitant(s)
!""#$%
Where are you
investing your time?
The Productivity
Junkies!
1-2-1!!
Business Development
Formula
1 Hour of Content Creation
2 Hours of
Business Development
1 Face to Face
1 Face to Face
1. New Appointment
2. Follow up
3. Sphere
!""#$%
Every Lead Has A Cost!
!!
Just because you can't get rich
quick, doesn't mean you should go
broke slowly.!
!!
Where you invest your time and
money will directly correlate to
your level of success