How Would You Invest?

[souldeux]

So, on a lazy Sunday afternoon my fiancee (real estate agent) and I (underage health and life agent) are sitting around and daydreaming a bit about fanciful things. For instance, we both have decided that one day we will have a castle that flies through the air powered by the flames of burning $20 bills and staffed with a man whose sole job is to find me good steaks (actually, I've decided this and she's taken largely to ignoring me, but I digress...).

As they often do, our daydreams filtered down to more and more realistic scenarios until striking upon one that, while still most certainly a daydream, could actually happen.

Say you, through perfectly ethical and legal means, suddenly had a thousand bucks fall into your lap. This money is yours to spend with one caveat: you must invest it into your business. Buy leads, live transfers, start a PPC campaign, buy super cool business cards, whatever. You can't pay down your mortgage, buy a new wardrobe, or anything like that -- you've got a thousand unexpected dollars to sink into growing your book of business, and nothing else.

Personally, I think I'd start with joining the IHIAA and setting up a Norvax quote engine on my website. After that, I'm not sure what I'd do. I tried to convince my better half that buying a crate of filet mingon and having it served to me while I watched all six Star Wars movies on individual TV's simultaneously would be an excellent investment, but again, she silently disagrees.

So, a thousand bucks. Yours to do with what you will, so long as every last penny that you spend goes towards improving your business and returns. Daydream along with us -- what do you do?

 

[moonlightandmargaritas]

-- you've got a thousand unexpected dollars to sink into growing your book of business, and nothing else.

It's a no-brainer.

One thousand dollars worth of quality leads should get you anywhere from three to five thousand dollars back. Rinse, dry and repeat. This is how you grow your business!

If you don't win some clients and generate revenue, all the Norvax quote engines, etc. in the world aren't gonna make a damn bit of difference!!!

 

[STIBROKER]

I think I'd start with joining the IHIAA and setting up a Norvax quote engine on my website.

Well your Half right.......

 

[Mark]

I would buy some live transfer leads. Buy a website if I didn't already own one. Make sure I had some business cards. I would use it towards prospecting also. What I call prospecting tools.

I would use it toward the free living will system that I made. Rosenthal Financial Services, LLC. <-- Click Here to see it, if you don't know about it. 1,000 bucks would go a long way with the system, since you don't have to spend much money on it. But I could advertise it more. Like doorhangers, ads in the paper, etc.

I might even hire a telemarketing girl for 8 bucks an hour to try and set me some appointments.

I'm starting to play with these live transfer leads, and so far, they have been great.

If you are buying good leads, then that would be a great investment. If a 25 dollar lead made you anything more then 50 bucks, then go for it.

Some of you need to buy an answering machine, by the way. I called a couple of you and you didn;t even own an answering machine. WOW

I think you can do a lot of stuff with just a 1000 bucks.

You didn't say if the agent was just getting started, or has been in the business for a while.

In just two weeks I spent 750 on my business. 350 on goto meeting, 300 on Camtasia Studio 6 , 100 on screencast.

LET ME STRESS MY POINT. YOU CAN'T BE AFRAID TO SPEND MONEY TO MAKE MONEY. Your career is an investment. Don't be afraid of failure. Try new things and spend some money.

 

[CHUMPS FROM OXFORD]

Well...you'll all be getting that $1000 in a few months with the Stimulus package being talked about. Of course, your kids will have to pay $2500 back...but...

For me...
$250 invest
$500 spend on my business
$250 on a consumer item we don't need...

Spellcheck was used in this post
WebNanny was used in this post
Constant Contact was not used in this post

 

[padthaiforlunch]

Nintendo Wii and a new TV!

Exercise is a great way to keep the mind fresh and focused.

 

[souldeux]

Oh man, padthai, I would love a gym membership. I used to be a weightlifter back in college. That focuses the mind like nothing else. Awesome stuff.

Mark, as to the agent in question being new or seasoned, I'm just sharing a daydream for everyone to indulge in. Personally, I'm coming at it from the angle that I'm fresh-faced, just starting out, and want to try a little of everything. Your angle would be pretty different since you've got a lot more years under your belt than I do.

And I'm always happy to spend money to make money. You don't get rich by working for your money -- you get rich by making your money work for you, right?