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|Wednesday, November 23, 2011
About The 24/7
Answers To MLM Questions
Internet Marketing Consultant
Over the past 50 years, network marketers have fallen in line with The 80/20 Rule. In our industry, the 80/20 Rule looks something like this … 20% of networkers make 80% of the money. The rest are left scratching their heads and asking a bunch of questions. This blog entry is going to answer all of those questions and give you the information you need to join the 20%.
What sort of questions have we been asked over the years by struggling networkers? We’ll give you the condensed version …
Do any of these questions sound familiar? Have your team members posed similar questions? Have you asked your sponsor or mentor any of these very same questions?
Are you ready for the answers? Do you have a pen and paper handy? I’m about to give you the best answer for each and every one of those questions. This is earth shattering information. Are you sitting down? Are you sure you can handle it? OK, let’s get started because this could take a while …
Question #1 - I’m really serious about this. How do I get started?
Answer #1 - Put your business in front of a whole bunch of people and sponsor new members. That’s what every successful new member has done.
Question #2. Nobody’s doing anything! How do I get my new members to go to work?
Answer #2. Put your business in front of a whole bunch of people and sponsor new members. When your new members see your success (especially if you have a matrix or binary program with spillover), the real leaders will go to work.
Question #3. People are quitting faster than new members join. How do I stay ahead of the attrition?
Answer #3. Put your business in front of a whole bunch of people and sponsor new members. Keep sponsoring new distributors and eventually the right ones will duplicate your success and put you ahead of the curve.
Question #4. How do I motivate my team?
Answer #4. Put your business in front of a whole bunch of people and sponsor new members. Most people don’t understand that you can’t motivate anybody else; motivation is something that comes from within. You can, however, inspire them! Your team will draw inspiration from your success in sponsoring new team members.
I could continue down through the list, but I’m sure it’s pretty obvious at this point what the answer to almost every MLM question/issue is – Promote your business and sponsor new members.
Whether you’re having difficulty building a productive team, have whiners and complainers bending your ear all day long, or friends and family who think you’re out of your mind … the answer is expose your business and sponsor new members.
If you have a bad sponsor (or none at all) and aren’t getting any support from your upline … the best solution is advertise your business and sponsor new members.
Sponsoring new members will cure 99% of the issues in your business. The key is to focus on the solution, not the problem and make things happen. At this point you might be thinking, “That’s easy for you to say.” True, but I’m 100% sure you can do it. How can I be so sure? Because people just like you, people from all different backgrounds and circumstances, are making it happen every single day. If they can do it, so can you!
The only difference is they are part of the 20%. What single trait do all of the 20% have in common? They all makes things happen, instead of letting things happen! They all started in the very same place you did - at the beginning. They wouldn't let issue, challenges, or roadblocks get in their way. Will you?
To make a very real difference for my family and 1,000s of other families around the world.
Previous Blog Entries
|Friday, November 4, 2011
How To Give Your Team CPR
MLM companies and distributors place a major emphasis on sponsoring new members, and rightfully so. Without new members, any business will simply wither and die. With such a heavy focus on recruiting, many network marketers overlook an equally important success factor: distributor retention. It is a well known fact that the longer someone performs specific functions, the more efficient and productive they become.
The key in network marketing is to keep your team members on your team until they reach a high level of proficiency. You work so hard to sponsor new members on your team. Doesn’t it make sense to work just as hard to keep your new members happy … and make them feel they are an important part of the team? Happy distributors are, more often than not, also productive and profitable distributors.
This is why it is so vitally important to give your team CPR – Continuous Positive Reinforcement. CPR will go a long way towards keeping your team alive and well. CPR is not the only factor in creating and maintaining a dynamic, thriving team, but it is a very important component. The top earners in the industry understand that focusing on the success of your members is crucial in the team building process.
Positive Reinforcement can take many forms. There are many ways to provide CPR to your team.
Recognition – It is a well known fact that people will do more for recognition than money. As the saying goes, “Babies cry for it and old men die for it.” Everybody wants, and to varying degrees needs, to be recognized for their accomplishments. For most,
recognition is just as important as compensation.
Industry leaders follow a very simple formula –
The big money is earned from the back of the room. Leaders understand that the spotlight should be focused squarely on their team members … and true leaders make it their mission to point it there. Too many distributors fail because they confuse fame with leadership. Are you interested in becoming a celebrity or creating walk-away residual income for you and your family?
Communication – I believe that 99% of the world’s issues stem from poor communication. If people would communicate more openly and effectively, the world would be a much better place. The same is true in the network marketing industry. Always make sure your team members know how much you appreciate them. Let them know your working hours and how they can reach you if they have an urgent situation. Also, it is very important that you set realistic expectations for your level of support. When they call you, should they expect a return call in 30 minutes, 2 hours, or 2 days? Half the battle is being on the same page, with the same expectations.
Accentuate The Positive – We often have to correct mistakes or errors in judgment. Network marketing is a whole new ballgame for many of your new members and they will make plenty of mistakes, just like you did. How do we go about correcting the errors without putting a negative spin on it?
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