The FRANK list –
I have no idea who originally came up with this acronym for building your initial contact list when starting a business, but it is a fundamental step to building a successful business when starting out and as you continue to grow your business.
I want to take this week and revisit the FRANK list and how I like to use it when training new Consultants in the business and how I use it personally, even to this day!
The FRANK list is a time-tested contact list that is taught by nearly every direct sales company out there. It helps the new Consultant walk through who they know, a warm list. In order to not overwhelm the new Consultant when making the list. I like to tell them to work on putting 10 people under each category.
F stands for Friends –
You want to think of 10 friends to add to your list, they can be past or current friends, school friends, social media friends, etc.
Something that helps in all these categories is to go through your Facebook friends list to jog your memory. Sometimes you’re scrolling through that and list and go, “Oh yeah! I forgot about that person!”
R stands for Relatives –
You want to think of 10 relatives to add to your list, think parents, in-laws, close family and extended family. Your sister, mom, Grandma, aunts, sister-in-law, and sista from another mista.
A stands for Acquaintances –
You want to think of 10 acquaintances to add to your list, these would be people like co-workers, fellow club members, people from church, service providers like hair dressers, etc.
N stands for Neighbors –
You want to think of 10 neighbors to add to your list, these can be current neighbors and past neighbors in your life. I like to say basically anyone who lives within a mile radius of your house should definitely go on that list.
K stands for Kid Contacts & Connections –
You want to think of 10 kid contacts to add to your list, this would be people that have connections to your kids like teachers, coaches, club leaders, friends’ parents, etc.
10 kid contacts
= 50 name list (minimum)
Now contact each one of these people personally to have a party for you and your new business. I say personally, because this actually means a text or a phone call. When you’re starting your business, it’s important these people understand you are asking them for help. This is your ride or die crew. This is who you’d call to bail your butt out of jail 😉
Want to take it a step further?
Once you have your name list, it’s time to break it down and come up with a contact plan.
- Put a P next to anyone who you think would like to check out the product.
- Put a $ next to anyone you know who could use an extra $300 a month.
- Put a * next to anyone who likes free product or has hosted a direct sales party in the past.
- Put a F next to anyone who might need a fundraiser (kids in sports, missions, non-profit, etc)
You can add more than one (P$*F) to the name list, some names might have two or more of the icons above. Don’t think to hard about it and don’t pre-judge whether they will say yes or no, right now you are just creating a contact list.
Once you have your contact list and once you have done the breakdown above, it is time to reach out to the list and share your new business and focus on the icon you listed next to their name.
P people –
If you put a P by their name, you would talk about the Product, think features and benefits, why do they need this product in their life? How will it help them or help their family?
* people –
If they have held a party for another company in the past, then you talk about the free product you can earn by hosting a party with you.
$ people –
If you put a $ by their name, you would talk about why you started the business and how they can earn additional income doing this business with you, would they like to join and be your business buddy?
F people –
If you put a F by their name, talk about the fundraising opportunities with your company.
Now I still use my FRANK list to this day and I add to it all the time! For me, this is a living breathing list where I am always meeting new people and adding them to my contact list. So for me the FRANK list is NOT a “one and done” contact list for new Consultants only, it is something that I successfully use every single month!
Do you have a FRANK list for your business?
Click on the image below to download your own FREE F.R.A.N.K. list!
Melissa Fietsam @DirectlySocial