Catalyst Events

by | Feb 14, 2025

In chemistry, a catalyst is an intermediary that causes another chemical process to spontaneously happen or happen more quickly.

For example, the catalytic converter in a car contains platinum which serves as a catalyst to reduce unburned hydrocarbons and carbon monoxide by oxidizing them.

Like in chemistry, recruiting picks up pace in the presence of a catalyst event.

There are two types of recruiting catalyst events–reactive and proactive.

Reactive Catalyst Events. These are events that happen without your direct involvement.

For example, a manager leaves a competitor’s office. When this event happens, the agents in that office are suddenly more susceptible to being recruited.

Proactive Catalyst Events. These are events that you start with the intention of creating a reaction.

For example, you connect with a competitive agent and question the financial sense of their broker’s compensation model.

How much did your broker make on your last transaction?

High-performing recruiters are always looking for catalyst events or creating them on their own.

Without them, recruiting moves too slowly.

 

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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.