WayMakers Training

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Prospecting

Finding people to talk to

Prospecting is simply identifying and meeting new people who may want help financially or might be open to earning extra income. This starts with your personal network (friends, family, coworkers), expands to referrals, and eventually includes people you meet in everyday life.

Everything in the business begins here.

Ways to Prospect

Personal Network

Start with people you already know: friends, family, coworkers, and social connections. These are your warmest prospects and most receptive to what you offer.

Referrals

Ask satisfied clients and teammates for referrals. People who come recommended are more likely to listen and take appointments with you.

Professional Networking

Build genuine connections at industry events, community groups, and professional gatherings. Network with intention, focusing on adding value and building relationships rather than just selling. These authentic connections often lead to opportunities and referrals.

Organic Conversations

Meet people naturally in everyday situations—at coffee shops, events, networking groups, or community gatherings. Keep conversations natural and look for openings to share what you do.

5 to Stay Alive: Keep Your Pipeline Full

As you build your team and recruit agents, you still need a fresh pipeline of prospects. The "5 to Stay Alive" strategy gives you 5 renewable resources to add new in-market names to your pipeline every week, ensuring you always have people to talk to while your organization grows.

5 renewable sources is the minimum—you can and should aim to work more than 5 sources. These sources are designed to generate new prospects continuously, and the more you work them, the faster your business grows.

1

Direct Referrals

Ask your clients, satisfied customers, and teammates for referrals. People they know and recommend are warm prospects who are more likely to listen and take appointments.

2

Sphere of Influence

Maintain relationships with your personal network. Regularly reconnect with friends, family, former coworkers, and acquaintances. Keep adding new people to this list and stay in touch consistently.

3

Center of Influence

Build relationships with community leaders, business owners, and professionals who know many people in their network. They can become valuable sources of referrals and introductions.

4

Past Prospects

People who said "no" before may be ready now. Life circumstances change, and what wasn't right six months ago might be perfect today. Follow up with previous prospects on a regular basis.

5

New Connections & Social Media Mastery

Meet new people in everyday situations—at networking events, community groups, social gatherings, or casual conversations. You can also master different social media platforms (LinkedIn, Facebook, Instagram, TikTok, YouTube) as a resource for generating new prospects. These organic connections often become your best prospects and teammates.

Weekly Action Plan

  • Each week, identify new in-market names from your "5 to Stay Alive" sources and add them to your list
  • Stay consistent with this process even as your team and recruiting grow
  • Refresh your pipeline continuously so you never run out of people to talk to
  • Remember: Building your business requires both prospecting AND team building. Don't stop prospecting once you start recruiting

Teaching Your Team the "5 to Stay Alive" Strategy

Once you build a team, teach every recruit to implement the "5 to Stay Alive" strategy themselves. Daily contact targets vary based on their commitment level:

Part-Time Agents

Target: 1-3 new contacts daily

Focus on quality connections from your "5 to Stay Alive" sources while balancing other commitments.

Full-Time Agents

Minimum: 3-5 new contacts daily

Maintain consistent daily activity across your "5 to Stay Alive" sources.

Building a Business Quickly

Target: 10+ new contacts daily

Full-time agents who want to build their business quickly and create momentum should aim for 10 or more new contacts daily. This aggressive approach accelerates growth and builds a strong pipeline for both recruiting and sales.

Teach your team that prospecting is not optional—it's the foundation of their business. Whether they're building slowly as a part-time agent or aggressively as a full-time agent, consistent daily prospecting determines their success. Help them understand their target, track their activity, and celebrate their progress.

Video Training Resources

Audio Training Resources

Listen to expert coaches and trainers share their prospecting strategies, scripts, and real-world examples. Perfect for learning while on the go.

Key Takeaways

Start with Warm Prospects

Your personal network is your most valuable asset. Friends and family are more likely to listen and take action.

Be Consistent & Persistent

Prospecting is an ongoing activity. Make it a daily habit to identify and reach out to new people.

Listen More Than You Talk

Ask questions and genuinely listen to their situations. Understanding their needs helps you position your opportunity better.

Build Real Relationships

Focus on genuine connections, not just transactions. People do business with people they know, like, and trust.

Ready to Build Your Pipeline?

List 50 people you know and reach out to 10 this week. Listen to the audio training while you work, and remember: prospecting is the foundation of everything.