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After a book introduction from Pres, narrator Andy Fenstermaker shares the foreward penned by Linda McKissack in which she shares the pivotal moment in her career when Profit Share became a focal point. Linda was challenged by Gary Keller to create a pro-forma on Profit Share, and how treating it like a business might look. This changed the trajectory of her life, leading her to become the #1 profit share earner in the company.
In the first chapter, we look at another pivotal moment: Gary's journey in transforming Keller Williams so agents and associates had a stake in the company's success. By recounting Gary's story, we explore and define exactly what profit share is and why it sets Keller Williams apart from other brokerages. Pres goes on to share one of the core fundamental problems with the real estate industry (the lack of recurring revenue), explain how Sponsorship works at KW, outline the seven levels of your downline and the payout percentages for each, and more.
The episode wraps with a chapter recap in which Pres and Andy discuss some chapter highlights and takeaways.
Stay tuned... this is Part 1 of 7 where we'll be narrating The Profit Share Advantage, sharing takeaways, and more!
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RESOURCES:
- 5 Steps to a Successful Recruiting Call: https://kw.profitsharesites.com/5calls
- Market Center Leaders: Your New Agent Recruiting Is Broken Until You Do This: https://kw.mcsitespro.com/growth
- Get The Profit Share Advantage: https://amzn.to/3RzwPHp
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