Premium Talk - Fall 2021

LB
by Liz Bentley4 views·Updated Oct 13, 2021

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  1. Hey budge and everybody at Premier Sotheby's International Realty, thanks
  2. so much for having me.
  3. I'm really excited to be presenting to you today.
  4. And I'm going to start by answering your question budge
  5. on what is the behavior I'm seeing in top agents
  6. and what's the difference I've seen?
  7. And the people that I coached, the top agents I
  8. coach around the country in the last 20, I'm gonna
  9. call 20 months, it's almost the last two years, but
  10. maybe it's last more 20 months.
  11. And the biggest difference I've seen is that those top
  12. agents are have really created a divide between what I
  13. call the a plus players and the a minus players
  14. and those a plus players took off in these last
  15. 20 months and they literally went from doing 100 to
  16. 150 million in revenue sales to 203 104 100 okay.
  17. In sales volume.
  18. And they really capitalized on these markets and the way
  19. that they did it is they just upped their game,
  20. they got really good at managing their team.
  21. They got really good at holding meetings, starting them on
  22. time, ending them on time holding people accountable, delegating stuff
  23. that they couldn't do.
  24. They became amazing at managing all their clients.
  25. They did not let their ego get in the way
  26. they did not get in the way of the work.
  27. They became smarter and faster and quicker.
  28. And they just really optimize their time, their energy and
  29. everything and brought their game to an entirely new level.
  30. And because of that, they have been able to service
  31. their clients at a whole other level.
  32. And what I see is the a minus players who
  33. are still very good at real estate and good at
  34. doing the work are still a little bit stuck and
  35. perfectionism as a way of life, still not able to
  36. delegate, still struggling with managing.
  37. Those people are getting that really good assistant because they
  38. just can't figure out and get out of their own
  39. way when it comes to that stuff.
  40. So that's the big shift that I've seen there.
  41. Um so today I want to talk a little bit
  42. to you guys about how you step into your power
  43. And you know, continue to rise in 2020 and there
  44. are different ways that we're going to talk about doing
  45. that. But the first thing I want to point out
  46. and I say this to all my clients all the
  47. time, which is that the only person who's standing in
  48. the way of you and your greatest success is you.
  49. So you gotta get yourself out of your own way
  50. and we're going to talk about how to do that.
  51. Okay, So they're forming ways that I'm going to talk
  52. about it today, The first is changing your story line.
  53. We all have story lines that tell us who we
  54. are and what we do and we're gonna talk a
  55. little bit about how to leverage the part of that,
  56. that's good and let go of the part that's not
  57. number two, we're not, we're gonna talk about understanding failure
  58. and what failure means to you and how you recover
  59. from it.
  60. We're going to talk about how to listen to the
  61. feedback so that you can really grow and really hear
  62. it and last we're going to talk about how to
  63. optimize your time because let's face it, time is finite.
  64. You only have so much of it, so you really
  65. have to be able to optimize it.
  66. Okay, so starting with our storylines, um, storylines are built
  67. in our imprinting years and our imprinting years happen at
  68. the very beginning of our lives.
  69. So I'm gonna talk about that a little bit more,
  70. but let's say first our storylines come, what does the
  71. storyline and where does it come from?
  72. So our storylines come from our origins like where are
  73. we from?
  74. Our we italian are we immigrants?
  75. Are we, do we come over on the Mayflower um,
  76. in our geography, where did we grow up?
  77. We grew up in the city, do we grew up
  78. on a farm?
  79. Did we grew up in the suburbs, our beliefs and
  80. our religious background, you know, what were we taught?
  81. How were our values?
  82. Talk to us?
  83. What was our family like?
  84. We're in a really big family and we were the
  85. oldest and the youngest or we were an only child,
  86. our appearance where we tall, we're sure we're skinny, we
  87. have a, you know, whatever our intelligence was a big
  88. factor Do we think of ourselves as intelligent and how
  89. did all of that play into our life?
  90. Our talents, athleticism or musical or artistic or funny and
  91. interesting our personality.
  92. You know how we engage with people and make connections
  93. and how people remember remember us and all kinds of
  94. other things come into play When it comes to our
  95. storylines and how we define ourselves.
  96. So let's talk a little bit about these imprinting years.
  97. So imprinting years as I said earlier, um they start
  98. the moment we are born and they typically are completed
  99. by the age of 10.
  100. After this timeframe you can no longer imprint.
  101. You still learn but without the ease and instinct of
  102. the imprinting time.
  103. So in printing is an imprinting is considered irreversible.
  104. So think of it as like a blueprint in your
  105. life. This becomes the blueprint of your life.
  106. The rapid learning that happens early in life leaves a
  107. lasting impact.
  108. Impact on the behaviour and yourself Perception.
  109. Okay, so these imprinting years, they're not reversible, right?
  110. They happen during this major time, the 1st 10 years
  111. of your life and after that we have to learn
  112. over it.
  113. So what we want to be thinking about during that
  114. time is what were you told during that time?
  115. What adjectives were used to describe you growing up.
  116. Um and how did that make you feel where you
  117. agreeable, where you quiet, where you're funny competitive, angry.
  118. You consider tough?
  119. Where you consider capable, where you consider big or weak
  120. or difficult where you considered smart or maybe were not
  121. considered smart, were you nice or energetic and on and
  122. on and on?
  123. And how did these adjectives make you feel?
  124. Did they make you feel confident?
  125. Did they make you feel powerful?
  126. Did they make you feel lovable?
  127. Okay. How did these things make you feel okay?
  128. And then the other thing you want to think about
  129. is that girls and boys got very, very different messages,
  130. right? Girls were told, stay home, don't initiate relationships, don't
  131. take risk, Don't be too adventurous, be nice, be kind,
  132. be supportive, help out.
  133. Don't be too talkative or loud or aggressive or competitive
  134. and boys were told the opposite.
  135. Get out there, take adventures, be strong, don't be weak,
  136. don't show weakness, don't stroke vulnerability.
  137. Right? Um, you know, take risk and and initiate relationships
  138. and do stuff like that.
  139. So, girls and boys got very, very different messages during
  140. this time.
  141. And then as we went along, these storylines build on
  142. itself and through our adolescents and our young adulthood, these
  143. experiences shape us and what we were told in those
  144. early years start to form more and more and we
  145. lean into it more and more.
  146. So if we were told that we were really nice
  147. When we were in our teenage years making friends, we
  148. were always the nice one who was trying to help
  149. out if we were told that we were really smart,
  150. we leaned into our book smart and our intelligence, we
  151. try to get really good grades so we could feel
  152. like we were really good at something and so on
  153. and so forth.
  154. These storylines really build momentum during the, during those times
  155. and solidify themselves, but then things happen in our life
  156. as we grow and as throughout all of our youth
  157. and we have failures and we have hardships and these
  158. things can really define us and define this time even
  159. more. And some of those hardships were things that were
  160. events and struggles that were out of our control.
  161. There were not things that we had influence on, we
  162. were just kind of victims of it.
  163. So it could have been a divorce or alcoholism, it
  164. could have been a force move that was really hard
  165. or really great on us.
  166. It could have been an accident and injury, It could
  167. be anything.
  168. Any of the things that happened throughout your youth that
  169. then started to shape you again, it can be in
  170. a positive way, it could be in a negative way,
  171. but these things shaped you as you went along and
  172. then there were things that were in your control, okay,
  173. things that, you know, you didn't make a team or
  174. you guys started getting bad grades or you had a
  175. great success or not, but there were things that happened
  176. that were in your control and what we learned during
  177. this time in our youth is we learned the three
  178. reactions we have to failure and this was taught to
  179. us typically by our parents, but also by other people
  180. who influenced us like teachers and coaches.
  181. So I found that there are three reactions to failure.
  182. The first one is that we learn, we grow and
  183. we make adjustments so we have a failure and we
  184. learn from it.
  185. It's something we learn from.
  186. We grow and we make all kinds of adjustments around
  187. it. The second way that we fail is that we
  188. shut down and we feel a ton of shame and
  189. we place blame around it, so we feel shame around
  190. the failure.
  191. We feel embarrassed.
  192. So like you failed at something your parents made you
  193. feel bad and they said don't tell anyone and hopefully
  194. you'll recover and maybe you're just not good at this
  195. or they blame the teacher, they blame the coach or
  196. they did something like that, but they made you feel
  197. badly about it and, and almost instead of fixing it,
  198. they just made you feel like it was bad.
  199. And the last one is where they don't really want
  200. to have failure at all.
  201. You know, they're so afraid of failure that they don't
  202. take any risk or push themselves to do it well,
  203. okay, so that one we really struggle around also because
  204. it's and then we don't, we don't even put ourselves
  205. out there.
  206. So when I meet adults, you know, I talked to
  207. them about how they handle failure and many of us
  208. vastly between these three things, but obviously we all want
  209. to learn from it, but most adults learned how they
  210. handle failure from how their parents taught them to handle
  211. failure and so now if I meet someone, I say,
  212. well what's the biggest failure you had in the last
  213. 5 to 10 years and they've got nothing to say,
  214. then that means they haven't been pushing themselves out of
  215. their comfort zone.
  216. If they're ashamed to say what their their failure was,
  217. then they're shutting down around it and they're hiding it
  218. and burying it, but if they say, well, you know,
  219. these are the things that happened that were not so
  220. great, but I definitely learned from them and they were
  221. painful, but I really try to learn as much as
  222. I could and I hope I don't do it again.
  223. Okay, so we really want to think about what we
  224. learned about failure.
  225. Okay, okay, so what we want to think about with
  226. our storyline, we look back and reflect on our life
  227. and we think about what we're telling ourselves, are you
  228. the nice person, are you the positive person?
  229. Are you the easy going person?
  230. Are you the good guy?
  231. Are you the bad guy?
  232. Are you the logical person?
  233. Are you the one everybody counts on?
  234. Are are you the one who always has to, you
  235. know, carry all the weight because otherwise no one takes
  236. ownership or takes responsibility of things and so we want
  237. to look at these storylines and we want to say,
  238. okay, where did they come from?
  239. Okay, what did we learn in those 1st 10 years
  240. of our life and how we were described, how are
  241. they formed during our teenage and adolescent years, what were
  242. the major events that impacted us during that time and
  243. and what are these storylines working for us now?
  244. How have they helped us be successful right now?
  245. And then we want to look at how have they
  246. not helped us?
  247. How are these storylines holding us back?
  248. So what I see in coaching everyone, top agents, medium
  249. agents, struggling agents, is that there's a storyline in there
  250. that's holding them back, so we want to lean into
  251. all the good things about our storyline, but we need
  252. to let go of the parts of our storyline that
  253. are no longer working for us and are no longer
  254. relevant. Okay, so when you think about changing that storyline
  255. here are three things you need to consider first, you
  256. need to seek the truth in it, you need to
  257. understand what is the truth.
  258. If I'm always seeing as the positive person, what's the
  259. truth in that?
  260. Why do I feel like I always have to be
  261. that person.
  262. Okay then we have to start to evolve our thinking,
  263. let's say I'm the person who is super competitive.
  264. Okay, well sometimes it really works for me that I'm
  265. competitive because I like to drive to be number one,
  266. but at what point am I am I winning the
  267. battle to lose the war?
  268. So I need to evolve my thinking to recognize that
  269. sometimes I don't need to be competitive in every single
  270. place because it's not always working for me, okay, and
  271. then the last thing is to have courage to change
  272. because it's really hard to make change in life.
  273. Sometimes it's scary and it's hard and sometimes we have
  274. to look at things in our truth that are uncomfortable
  275. and evolve that thinking and then have the courage to
  276. step forward and actually do something about it.
  277. Okay, so don't be afraid to change the storyline and
  278. rewrite them because that could be the one thing that's
  279. stopping you from rising to the next level.
  280. Okay, next, I want to talk about feedback and when
  281. I talk about feedback, okay, I'm not talking about the
  282. feedback where your manager comes and sits you down and
  283. says, hey, you know, so I'd like to tell you
  284. how you can improve your business.
  285. That feedback is really helpful too, but I'm talking about
  286. the feedback that comes from me to you from all
  287. over, it comes to you from clients, it's coming to
  288. you from your spouse and your kids, it's coming from
  289. your manager, it's coming from everywhere in your life and
  290. I want you to learn how to listen to it
  291. so well, okay that you can make adjustments as it's
  292. happening. So here's how I see feedback come.
  293. And I always say listen to it when it's time
  294. for you to grow first.
  295. The feedback comes as what I call whisper in your
  296. ear. That's when it's just a slight tap, just slight
  297. whisperer, sorry, in your ear where so much is like
  298. saying you, hey, let's pretend it's a listening you have
  299. and your clients saying, you know, I really don't feel
  300. like we're doing enough on social media and you say,
  301. oh no, no, it's fine.
  302. You know, I do this all the time and it's
  303. enough and you know, your stuff went out the other
  304. day. So then let's say, you know, you get the
  305. tap on the shoulder and that's when the client comes
  306. back and says, you know what?
  307. I know we talked about this before, but I'm just
  308. not seeing it anywhere and I'm not seeing it on
  309. social media.
  310. I don't feel like you're boosting enough.
  311. I don't feel like our advertising is good enough.
  312. I just don't feel like I'm getting attraction and you
  313. say, no, no, no, no, no.
  314. And you kind of like make another excuse and tell
  315. them what you're doing and now it comes as what
  316. I call, slap on the back and a slap on
  317. the back is where it really like, boom, This is
  318. like, it really wakes you up to a slap on
  319. the back where there's an awaking of like, wow, um
  320. uh this is a wake up call because and they're
  321. saying, listen, as I'm now, they're calling you and they're
  322. angry, okay, They're really angry because you're not hearing them.
  323. And um and again, you come back with your excuses,
  324. You try one more time.