Quitter’s Day

by | Feb 22, 2023

According to research conducted by Strava (a social network for athletes), 50% of individuals give up on their New Year’s resolution by January 19th.

This is known as “Quitter’s Day.”

Another 30% (higher performers) make it until the second week of February before they throw in the towel.

The final 20% who make it past these two benchmarks have a good chance of seeing their goals materialize because they’ve used the previous six weeks to build the activity/task-level habits that support these goals.

Why do people give up before getting to the six-week mark?

Resistance.

When you decide to make a positive change in your business, it seems the whole universe starts to conspire against you to keep that change from happening.

People who make it into the top 20% tend to start the process with these two mindsets:

1.  They expect the change to be met with a large amount of internal and external resistance.

2.  They know the resistance will only last for few weeks before the new habit will take root.

With the right mindset, you can outlast the resistance and realize the goals you hope to achieve.

By the way, it’s not too late to set recruiting goals for 2023.

Thinking its work is done, the universe takes a nap about this time of year.

The Simple Psychology of Real Estate Recruiting [2nd Edition]

Unlock the secrets of effective real estate recruiting. Revised to include actionable frameworks for sharper execution and to help you turn psychological theory into a repeatable recruiting system.

The Attrition Variables

The Attrition Variables

While these attrition constants still have the greatest influence, there are some emerging attrition variables worth noting. People also tend to leave companies when: They feel like they’re not doing as well as others in their peer group outside the company. They feel like they’re not as far along as they should be at a certain point in life.

The Attrition Constants

The Attrition Constants

If you’re not focusing most of your retention effort on these issues, you’ll miss the mark. If you’re not focusing most of your recruiting effort on exploiting these weaknesses among your competitors, you’re missing the best opportunities.

The Persistence Mindset

The Persistence Mindset

A leader equipped with this mindset can have a profound effect on the life and career of each individual they engage. It works because an agent is getting a real-time glimpse of what it would be like to work on your team. But it only becomes believable when it is persistently applied over time.