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Your Virtual Upline Podcast

130: I've Exhausted my Warm Market, Now What?! #AskBob

Your Virtual Upline Podcast

Bob Heilig

Education, Careers, Self-improvement, Business

4.91.7K Ratings

🗓️ 11 February 2020

⏱️ 44 minutes

🧾️ Download transcript

Summary

In this new podcast episode of #askBob, I answer 3 questions submitted by listeners, including:

  1. What do you do when you've exhausted your warm market?
  2. How do you prospect people on FB you're connected with - but don't really know?
  3. What do you do when someone doesn't respond to your reach out?

 

What do you do when you've exhausted your warm market?

This is a common thing I see where network marketers think that they had already tapped out any opportunity with people they know so they shift to their cold market.

They turn to social media and try to learn attraction marketing, and they end up complicating the entire process with funnels and lead magnets and complex systems. 

Armed with the excuse of "I've exhausted my warm market," I see network marketers think that figuring out how to prospect in the cold market is the answer. 

However, the cold market is NOT the answer.  In this podcast, I dig into my personal opinion on why recruiting in the cold market is not the solution to your 'burned out warm market' problem.

 

How do you prospect people on FB you're connected with, but also don't really know?

A bit mistake people make when trying to prospect in the cold market is pitching to people too early in the process.

They talk about their company, business, and product on the first message because they think that it's secretive and weird to not just share right away.

What we need to understand is that messaging people on social media is the exact same as having a conversation with them face-to-face.

The key is to make your messaging conversational. It's more than you just making a sale; it's you being able to change their life through your products. 

 

What do you do when someone doesn't respond to your reach out?

When prospecting, we always seem to assume a negative outcome, like "they're going to roll their eyes at me" or "what if they talk about me behind my back." 

It's these negative scenarios (RED LIGHTS) that we imagine that's stopping us from reaching out and following up with our prospects.

I want you to learn how to create different and more empowering stories (GREEN LIGHTS).

Build your faith and always assume a positive intent.

If they don't respond on the follow up, then you need to course correct. Do a different approach like commenting on their posts on Instagram, or like the stuffs they post on social media.

Here's the thing, it's all about your willingness to take action despite your fears. The only limitation to creating the life of your dreams and the business that you want is the story that you tell yourself about how it is or isn't possible. 

 

Check out Legacy Leadership Academy waitlist at www.legacyleadershipacademy.com Enrollment coming up this Spring.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey Bob here and welcome back to the Your Virtual Upline Podcast where we give Network

0:12.4

marketers the mindset, strategies, and skills that you need

0:17.2

to build a business and life of your dreams.

0:19.8

Hey Bob here, welcome back to the show. Hope you're having a great week. Today we've got

0:28.1

another episode of Ask Bob where today I'll be answering your questions.

0:35.5

We've got three questions selected.

0:37.9

You're gonna love them.

0:38.7

We're gonna talk about, number one,

0:41.6

what do you do if you've got a exhausted warm market, if you've burned through all

0:46.4

your contacts? The second thing we're going to be talking about is how do you prospect people

0:51.5

on Facebook that you don't know but you're connected to?

0:55.8

And the third topic that we're going to cover today is what do you do when somebody doesn't

1:01.2

respond to your messages? So you reach out to them about your

1:05.4

product or your business and nothing I know you've never had that happen before

1:10.7

but three really good conversations around prospecting and

1:13.9

recruiting so if you struggle in that area stick around. But hey let me give you a

1:17.8

quick update. It's been an exciting couple days as you know if you listened

1:21.9

last week my wife Shannon is

1:24.4

do actually tomorrow we are having the baby she's going to be induced and I

1:29.8

wasn't sure if I was going to get a chance to fit another podcast episode in. I actually started

1:34.2

recording this earlier today and I got the call. She's like we're going to the

1:39.7

hospital. So I was like, okay, let me do this later. We went to the hospital, spent a couple hours there.

...

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