There's one really easy way to improve your investing returns -- lengthen your holding period for the stocks of great businesses. Warren Buffett has long maintained that his "favorite holding period is forever." Of course, even Buffett sells some of his stocks occasionally.
On Tuesday, Teva Pharmaceutical Industries (NYSE: TEVA) was one of the few large-cap stocks to rise in price on a terrible day for the stock market. Teva shares closed nearly 4% higher on some positive legal news for the company. Teva announced that its U.S. affiliate, the similarly named Teva Pharmaceuticals, has agreed to a legal settlement with the state of Louisiana to settle opioid-related claims.
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Before you pick up the phone, consider why the person you are calling should listen to you. Put yourself in their shoes and imagine their pain points.
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If after 2 solid phone/voicemail/email attempts (which counts as 6 touches, not including any drip emails or LinkedIn messages/connection requests that they may have gotten in between calls 1 and 2) I’ll leave a 3rd voicemail message (followed by an email, of course) that simply says something along the lines of:
THIS is a great service VOICEMAILS FOREVER was prompt in filling my order and the audio quality is very good I would recommend to anyone John Bouton
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On the app, click on the "Sound" icon at the lower left part of the tool and select "Microphone." Then, open your voicemail service on your phone and play the voice message. The online audio recorder then clicks the "Record" button on the audio recorder while the voicemail is playing. If you are recording using an external mic, make sure that your phone is on the loudspeaker and pointed at the mic.
The right way to leave your phone number is to start saying your phone number with your area code and then take a 2-3 second pause while the person listening to your voicemail message gets a pen and paper. Then, continue with the next 3 digits, make another 2 second pause, and then say the last 4 digits. Then, slowly repeat your phone number again.
Even if you have this feature, it can only be used to send messages to contacts with the same carrier as you. So Verizon customers can send voice messages only to other Verizon customers, for example.
In certain situations, it’s a good idea to let a call go to voicemail. If you’re in a loud area, unable to spend 10-15 minutes talking, or are otherwise distracted, don’t answer. Recruiters who cold-call candidates will understand that you’re simply unavailable – but make sure to return calls in a timely manner. If possible, call back during regular business hours.
I’m not a big fan of voicemail. I don’t mind leaving voicemail messages; I just hate having to listen to them. For some strange reason when people know their voice is being recorded, their brain short circuits. What normally would take 30 seconds to say, now takes 2 minutes.
And if you have a question or topic you’d like us to cover in a future Tips From The Trainer episode, drop a comment below letting us know! 18 Live Q&A That Will Up Your Real Estate Business Game. PLUS: Free house using Sub2 Financing?! | Probate Mastermind Podcast #297 - All The Leads Reply
Reading from a note will help you say what you want without any hiccups or interruptions. Call the person and keep your notes in hand. Once you’re in recording mode, read out from the note to sound as professional as possible.
Sometimes when someone isn’t able to contact us, that could keep them from doing business with us. Clients get frustrated when they are unable to reach their lender.