Episode Transcript
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Speaker 1 (00:00):
In this video, we are
going to talk about four proven
ways to crush the no moneyobjection and help your
prospects join you in whateveryour program is.
So one of the top reasonspeople don't join things is
typically the objection of Ihave no money, and I've seen
(00:21):
this in all kinds of scenarios.
I've seen it in networkmarketing, affiliate marketing,
sales, core sales, high ticketcoaching, you name it.
This is one of those objectionsthat always seem to come up,
and so I thought it would be agood idea to give you a couple
of ways that you can handle thatobjection, how you can take
(00:42):
that objection and maybe turn itaround, how you can help that
person to figure out how to putthe money together.
It is one of those commonissues, and one of the things
that we want to understand whenwe're talking with prospects or
working with prospects is alwaysto be compassionate and
sympathetic.
I am not one of those hardcorecloser guys.
(01:04):
I am about trying to helppeople make positive decisions,
so I like to approach thingsfrom the idea of putting myself
in their shoes.
However, I also understand andI know that human psychology is
a lot of people will try toavoid making a decision, and I
am looking for people to make adecision one way or the other,
(01:29):
and for me I prefer that theyeither come with a yes or a no,
because I don't want to spend mytime on people that are not
interested in moving forward andI know you don't either and
sometimes people their intentionis good, they're not really
interested, but they also don'twant to be rude, and most people
I have found they won't tellyou really what it is that they
(01:52):
want, based upon the idea of Idon't want to be mean, I don't
want to be rude, I'm trying tobe respectful, and so if you
understand that, if youunderstand where the prospect is
coming from, it's a lot easierto understand how to deal with
this objection.
So one of the first things I'mgoing to give you the four
things that you can do to helpthem come up with money if
(02:15):
they're struggling to join yourprogram but its first is
understanding, like getting tothe core heart of the issue, and
you do that by speakingdirectly to the heart of it, and
this question, I think, hashelped me in many ways get to
the heart of the issue.
So when somebody comes up withthe no money objection to join
(02:38):
your program or your course oryour coaching or whatever it
might be.
The first thing you can say tothem is okay, I can appreciate
that, but would you mind if Iask you one question?
And of course they're going tosay yes, say, are you telling me
that you don't have moneybecause you're really not
interested and you don't want tohurt my feelings, or is that
(02:59):
that you really just don't havethe money and I will tell you
that is an out for them rightthere, because you're giving
them an out?
Basically that, hey, if you'rereally not interested, what
you're saying is I would justprefer that you tell me you're
not interested and that's okay,and you can reiterate that,
because if people have nointerest, I'd rather get right
(03:19):
to that than wasting my timetrying to figure something else
out.
So if they then come back andsay, no, I'm actually really
interested in your program, I'mjust not sure how I can pay for
it at this time.
So one of the things that Icame up with is four ways that
you can help people to come upwith some quick money if they
(03:40):
have the real desire to joinyour program.
So let's go ahead and we'lldive into this, because this is
a very common objection.
Everybody comes up against thisAgain, no matter what it is
that you're selling, we'll talkabout it.
But the first one is I like tosay clean your house.
Okay, and I don't mean cleanyour house, get the vacuum out
(04:03):
and mop the floor, and thingslike that I'm talking about.
You can say to your prospectokay, so here's what we need.
Let's say we need $500.
What do you have in your housethat you can sell and come up
with the $500?
Most of us have things in ourhouse that we no longer use,
that we're holding onto and thatwe don't realize that there's
(04:26):
actually a lot of money on thetable.
And your prospects are the sameway.
So one of the things that youcan do is you can ask them what
do you have around your housethat is of value, that you're
not willing to necessarily holdonto anymore, that you might be
able to sell and get some moneyfor that.
One of the things that I knowfor myself that if I really
(04:48):
wanted to get out there and makea little bit of extra cash, I
literally have in my closetright over here.
I have probably about four orfive iPhones from previous years
, like an iPhone 11, an iPhone 8, an iPhone 7.
I have a bunch of my old phonessitting in my closet.
The reality of it is, if you goover to eBay and you look up
(05:10):
some of these phones, I probablyhave $800 to $1,000 worth of
phones literally sitting in mycloset.
If I really wanted to take thetime which right now I don't
want to I could sell those.
How many other people do youthink have old phones that they
could sell?
There's a lot of people outthere willing to buy some of
(05:30):
these older phones.
It's one of the great ways thatpeople can go out there and
make some extra cash.
Put it up on eBay.
You'd be surprised.
Some of these older phones areselling for $100 or $200 on eBay
and it may only be a coupleyears old.
Some people don't want to gobuy a brand new iPhone for $11,
$1200.
(05:51):
This is a great way for peopleto sell things and offload some
of the stuff that's around theirhouse and actually make some
extra cash in order to join youin your opportunity.
This is something that you canuse to help people when it comes
to putting money together tojoin you in whatever program it
is that you're promoting.
(06:12):
That's the first one.
Look around the house what elsedo you have that you can sell?
I'm telling you, it'll be agreat way for people to join you
and give your product, yourprospect, a solution, because
it's very easy for us to justwalk away and go oh and I've
done it before where it's likeoh, if they're going to
constantly say I don't have themoney, I don't have the money,
maybe it's not somebody I wantto work with.
(06:33):
That may be true, but ifsomebody genuinely wants to and
they see your program assomething that's beneficial to
them, then it behooves you tohelp them figure it out.
Let's talk about number two.
This is another way for peopleto make money and I believe it's
a great way to do it Uber andLyft.
A lot of people don't realizethat a ride sharing is a big
(06:58):
deal today.
In the last two months, I'veliterally traveled to three
events and I've used Uber andLyft several times.
Every time that I go on a drive, I always tip my driver.
I always give him a nice tip,especially if they're great talk
, and almost 99% of the majorityof the people that I ride with,
(07:21):
that I get a ride from, aresuper nice people.
It prompts me to give them agreat tip, but this is a great
way for you to make some money.
Also, if you are looking for away to make money or your
prospects are, suggest that toyour prospects.
Have you ever considereddriving for Uber or Lyft?
This is a great way to makesome money.
(07:42):
Give people they go out, theycan get started.
Obviously, they have to gothrough their startup process,
but that is a great way to do itand it's really working on your
terms when you want to work,whenever you want to work.
That's the great flexibility ofthat.
That's solution number two foryour prospects.
If they're looking for a way tojoin your program and they
(08:03):
don't currently have the funds,but they are very interested,
give them that solution.
This is again I want tocontinue to reiterate it's very
important that you get to theheart of the matter before you
start suggesting these things.
If somebody is really notinterested, don't waste your
time trying to help them figurethings out.
(08:23):
After that question that Iasked you at the beginning, I
gave you that you can ask themat the beginning is again are
you saying you're not interestedbecause?
Are you saying you don't havethe money because you're really
not interested and you justdon't want to hurt my feelings.
That is what you need to get to.
You got to get to the heart ofthe issue.
If they say, no, I'm actuallyreally interested, I just don't
(08:44):
have the money, then you canstart making these suggestions.
I just want to reiterate that,because it is a huge deal to
keep you from wasting time.
All right, so we've got two sofar.
Let's go on to the number three,and that is Food delivery.
Okay, this is another one,something like DoorDash or
(09:04):
GrubHub.
These are another great ways toearn some extra cash.
I actually had a client oncewho was doing DoorDash and
that's how she was paying forcoaching is doing DoorDash going
out delivering food so that shecould get the coaching that she
wanted, and so that is a greatway to pay for things to.
(09:27):
If you're looking to fund yourbusiness and funds are tight or
you have a prospect that wantsto join you, this is another
great way to do it.
So we've hit both angles Uberand Lyft, and then also DoorDash
, so take those intoconsideration, because these can
be great money earners as well.
Okay, and so that's another oneDoorDashing, delivering food.
(09:48):
And the fourth one which I am ahuge fan of, and this is a
great way, especially for peoplewhen it comes to doing online
marketing or network marketing.
The other thing is what skillsdo you have?
So this is number four.
What skills do you have thatyou can freelance your workout
(10:09):
for?
What is it that you do thatother people would be willing to
pay money for?
In the early days of mybusiness, I'm going to give you
a huge tip here.
Okay and this is something youpass on to your prospects, or,
if it just happens to be youright now, this might be a great
idea for you what skills do youhave that you can charge for?
(10:31):
Are you really good at buildingwebsites?
Are you really good at puttinga blog together?
In the early days, when I wasat a point where there was a
time where I did not have a lotof money okay, I did not have a
lot of money to run my businessand so what I started doing was
I started building blogs.
But here's the kicker I wasn'tthe actual one building the
(10:54):
blogs.
What I did was I would letsomebody know that, hey, this is
what I charge.
I charge $1,500 or $2,000 tobuild a blog for you, and then I
would outsource it to someonewho was a lot better at design
than I was and I'd pay them $500to $700 to do it for me, and
(11:17):
then I earned the difference.
See, so I was actually morelike a general contractor and I
was out there getting the work,but paying someone else to do it
.
Now, if you are really good atwhat it is that you're looking
to accomplish or looking to sell, then you could probably do the
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work yourself and keep all themoney.
But the idea of it is.
All you need to have is alittle bit of creative thinking.
This can not only help you, butit can also help your prospects
when you come up against the nomoney objection.
See, if people are truly andthey see what you're offering
them as a vehicle to get wherethey want to go, if they see
what you're offering them as avehicle to reach their goals, to
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reach their dreams, theirdesires whether it be, again,
your program, your networkmarketing opportunity, if you're
selling courses or coaching,whatever it is, if they see your
program as that is what canhelp them get to the point that
they want to get to, then itbehooves you to have a list of
ideas that can help you helpthem.
That favorite line from JerryMaguire help me, help you.
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And that's really what this isall about.
You can say that to yourprospects help me, help you.
Okay, because the goal is wewant to help them get where they
want to go.
The greatest thing that you cando is serve others.
Okay, that's the greatest thingyou can do.
So if you have all of thesethings thought through
beforehand, you don't reallyhave to come up with tricky
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responses and posture thingsthat you say to people that
trick them into buying what youhave with minimal work.
Okay, there's a lot of peopleout there that teach that stuff.
I don't like it.
I find it highly manipulativeand I just don't dig it.
I don't dig that kind of sales.
I'm all about selling.
I love selling.
(13:08):
I think selling is one of themost honorable Professions and
ways to make money.
If you do it the right way, ifyou do it in a non manipulative
way, but with the genuine heartto serve people and help them
get from point a to point b,then guess what?
You're gonna build a solidreputation for yourself.
You're also gonna build a loyalfollowing of people that love
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you and trust you and when youmake recommendations to you, to
them, they're gonna be willingto buy because they know you're
not feeding them bull and thiswhole.
Let's just be honest, thisentire the internet is full of
junk, like it is full of it.
It's out there.
It's crazy, and there's so muchLacking integrity out there.
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You can be one of those peoplethat rise above all of that and
always have your best interest,their best interest, at heart,
okay, and that is ultimatelywhat you want to do, all right.
So I hope these helped you.
Let's just quickly go over themone more time.
So the first one is going to beclean house.
(14:10):
Go around, check your house out.
What can you sell?
Remember the iPhones a greatway to do it.
Probably several of us andseveral of your prospects have
old iPhones or old phones thatthey can sell at a profit and
make some money.
You can absolutely do that.
Number two is to do Lyft oruber.
This is a great way to makeextra cash in your spare time,
(14:34):
okay, and it's a great way tohelp fund your business if you
have a goal of buildingsomething bigger.
Number three is deliver foodthings like door dash and grub
hub.
You can sign up for those aswell.
Do it right in your local areaand deliver food.
It's a great way to make someextra cash.
And then number four is become afreelancer.
Outsource your work.
(14:54):
What do you have?
What skills do you have thatcan help somebody Online or
whatever it may be?
Whatever your skills are, okay,if you're good at graphic
design, maybe offer some type ofa package for of graphic design
.
Maybe you charge 200 bucks todo a series of graphics for
people Okay, maybe you're reallystrong at that.
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And Maybe you're good atbuilding websites.
Maybe you're good at writingsales copy.
Maybe you like to write emailsand other people don't and
you're willing to do hey, I'llwrite five emails for you for
$250 or something like that.
These are things that you cando to really propel yourself,
but also give these things toyour prospects.
(15:34):
So I hope you guys got valuefrom this.
If you did, do me a favor,share this, tag somebody and
share the love, all right.
So I appreciate you guys.
Hope you you got value fromthis and that this helps you
some, because really, ultimately, if I can help you, help your
prospects, that's ultimatelywhat's gonna help you and get
(15:55):
the results that you're lookingfor.