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The Playbook With David Meltzer

How Much Time Should I be Spending on Cold Calling? | #AskDavidMeltzer 3

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.61.9K Ratings

🗓️ 3 February 2021

⏱️ 3 minutes

🧾️ Download transcript

Summary

You're always going to exhaust your best leads first. When you move to cold calling, the majority of the people aren't going to answer. Your only focus should be on getting them to call you back, because when they do call you back, they now become a warm lead. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

You mentioned how much easier it is to talk to people who already have an open mind and why

0:06.8

you want to talk to your network and why you want to see everybody as a sponsor and power

0:10.9

sponsor.

0:11.9

How do you go and reconcile that or bridge that gap with the need that, okay, well, you

0:18.8

also at some point need to reach out and talk to people who you don't know or that the

0:24.3

relationship is fairly cold, like co-calling and things like that.

0:28.7

So how do you bridge that or are you saying that co-calling is unnecessary or how does that

0:34.2

fit into the overall strategy of everybody being a power sponsor.

0:38.8

Very question, great question percentage, right?

0:41.5

You're going to exhaust your best, you're going to prioritize your best leads first, but

0:46.0

most people can't fill up an entire day of productivity, accessibility, gratitude

0:51.1

with all warmer hot leads.

0:53.7

So when we move into the context of cold, remember this, 80% of the objective or 80% of the

1:00.1

people that we reach out to cold via in person on the phone via email or media, traditional

1:06.0

or social media will never respond to us.

1:08.5

So my only focus, okay, you hear me out, I don't ever try to have to worry about selling

1:15.3

someone cold.

1:16.8

All I want to do with someone cold is get them to call me back because the minute they

1:20.4

get me to call me back, they're just as warm as any other lead.

1:24.3

They become a warm lead when they're calling me back.

1:27.1

So my expertise and my focus is on, can I increase my percentage of people that call me

1:35.3

back?

...

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