Wednesday, August 27, 2008
NETWORK MARKETING IS A TEACHING & MENTORING BUSINESS
It’s a LISTENING business. It's a TEACHING/MENTORING business. You have to reach the hearts of others who need help. You have to mentor for free. You have to exist to mentor & coach others into success. Not your success. Their success should be a beautiful thing to you.
If you can help them create success, then your future will take care of itself. I love network marketing because this is the only business in the world where you succeed by mentoring and helping others to succeed. In any other business there is competition to succeed. You have to outsmart the competition to succeed. Not in network marketing. This business is as spiritual as it can get. Mentoring others gives worth and meaning to our lives. It drives us. This is the secret to success.
Why do some people succeed in network marketing, while Other’s NEVER Do?”
The answer to this simple question is that successful people make the effort to understand what really makes people tick? What motivates them? Why they make the choices they make?
The first rule of mentoring is to find out your personal "WHY", YOU need to know how motivated you are to do whatever it takes to be successful. You don’t only have to find out but also have to write it down. If you are not willing to pay THAT small price then you will not succeed in this business or for that matter in any business. If you cannot write your “WHY” then you will quit this business at the first hurdle. It is the power of “WHY” that will keep you going in your business, no matter what you come up against. Write down at least three of reasons of your “WHY”, then think some more. Flush them out. Make them bigger. Work on them until you say, “THIS is it!”. Then you're really in business! Before you can mentor others you must learn to mentor yourself. If you do not know your own “Why” then you cannot mentor others to find out their “WHY”. If you take the effort to know the “WHY” of your prospects they will choose YOU over all other 550 home business options available to them. Finding out the “WHY” is the first step and most important step to success in this business.
So the first bit of mentoring is to figure out your own "WHY". Write it down. Test it mentally. It is your “”WHY” that will keep you going in VERY tough times. Remember "WHY" is never money. It's about who YOU really are.
The driving factor is always greater than the money. Money is just an instrument to achieve “WHY”.
Some tips to help you pinpoint your "WHY":
•Do you wish to spend more time with your family and loved ones?
•What do you wish to accomplish.…………… Live in a bigger house or drive a Ferrari?
•What are your personal growth objectives? Do you wish to travel, learn to dance, paint or sing?
•What scares you to death? Is it financial insecurity?
•What would it mean to you to help others change their lives?
•What really excites you in life? Is it Adventure?
•What would you like to give the people you love most?
•What really, really gets you emotional? What is it that makes you tick in life?
If you can learn to mentor “What motivates the person you sponsor to get up off his couch? What gets him to turn the TV off? Then you are on to a winner. You will succeed 99.9% of the time. If you want to succeed in this business first find out what your dreams are and what are the dreams of the people whom you wish to sponsor into the business.
Dreams create hope. Goals create focus. And focus creates fuel that propels us to action.
You teach people in this business to rediscover their dreams. The difference between their perceived past failures and their future success is this moment. Teach them to actively work toward their desired future without fear and doubt, and there is no limit to their earning potential. They must never compromise on the lifestyle that they wish to create for themselves and their family. It is their birthright to live an abundant life. It is the power of your mentoring that will help you succeed in this business.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com
Network is a "relationship-driven" business
You build relationships when you genuinely care about people. Relationships are developed when you help others to grow physically, mentally, spiritually and financially. You may forget big names in history and politics but you always remember the names of your teachers who helped you through school, friends who gave a helping hand when your chips were down or people who made you feel appreciated and special. You have to have empathy and you have to be yourself. You will fail if you try to be someone else other than yourself. The three things that destroy relationships are when you try and gain control over others, be self righteous and judgmental. Help others with all you have got and the universe will conspire to help you succeed. Practice abundance. It is the essence of relationships. Learn to listen and you will learn more about yourself and foster lifelong relationships.
There is only ONE way to build your network web for life-long success. And that is to build relationships. To do that, you need to become a mentor with a servant's heart. When you do, people will ask you to PLEASE sponsor them into your business. If you build your relationships right then your network will last forever. If you treat your business like just another income source, Direct-Marketing-style, you're trading long-term stability for short-term profit. Your network will collapse.
Direct marketers sell products directly to the consumer. Direct marketers measure their productivity in numbers. Their philosophy is Buy, or get out of the way. To Direct Marketers, "relationship-marketing" has a bottom-line VALUE. If they can help they will like to automate relationship-building. Looks 100% real, but it's plastic. If you think like a direct marketer you will fail in this business. If you build relationships and become a mentor with a servant’s heart you will succeed.
It is simple. If you and me work together we will create an effect much greater than the sum of the parts. Network marketing (MLM) is not a numbers game it is a relationship game. Relationship building is the process. It is network marketing.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com
Monday, August 18, 2008
HOW TO CHOOSE THE RIGHT NETWORK MARKETING OPPORTUNITY
Majority of people choose an opportunity without any research. This is because you are approached by a family or friend about a business opportunity and you join because of your love and trust in the relationship. In 99% of the cases the person who is sponsoring you has done no due diligence regarding the company. It is like blind pushing the blind. The result is invariably a catastrophe. Please remember what you are getting into is a business. It is about money. It is about your time, effort and sweat. It is about your future and the future of your loved ones. It depends upon the quality of your decision. So please choose carefully and intelligently.
# THE COMPANY YOU CHOOSE MUST HAVE THE MANAGEMENT WITH RIGHT EXPERIENCE AND INTEGRITY
This is very important. The reason why Warren Buffet is the most successful investor is because when he buys stocks of a company he looks at the men behind the company. It is always people behind the company who are the wealth creators. If the management is weak or lacks integrity, the business will fail. So when you decide to join a network marketing company do some research on the people behind the company?
It is the distributors who are the real stars of the company. If the distributors were not present the company will have no sales. Yet there are companies who look to compensation plans that increase the company profits at the expense of the distributors. They look to create breaks in the compensation plan so that they can stop paying distributors if they become too successful. People join network marketing companies to create residual income. But when they wish to retire, some companies feel that ‘why should we continue paying them if they are doing no work’. So they look for ways and means to terminate the contract. They insert clauses in the fine print of terms and conditions (which nobody reads at the time of becoming a distributor) that the company has the right to terminate the contract if there are no ongoing sales or sponsoring or if the person does not attend the company sponsored meetings. Sometimes they reserve the right to terminate the contract without assigning any reason. They also add a clause that you can be no part of class action law suit. In other words you can’t even sue them if they terminate your contract. This is like someone taking away your income achieved through lifetime of work. This is stealing. Such actions speak of very low integrity. Never become part of such a company. Read the fine print in terms and conditions before signing up to become a distributor.
The management must have the experience to take the company to a new level as the business grows. They must have the ability to guide the company during hard times. If the company fails to adapt and survive the changing times and economic conditions so will you. If the company performs well then your business will grow exponentially as a result.
In our case Brad Sugars (our sponsor) who is a business coach par excellence and has the fastest growing business mentoring franchise in the world had done a thorough research on the credentials and management of MonaVie. He visited the factories and met the management to get first hand information about the company and people behind the company. A man of his position and stature cannot lend his name to a company without thorough research.
We joined MonaVie because of our faith in the judgment of Brad Sugars. Our faith in experience and integrity of the management of Monavie has proved correct because the business turnover has quadrupled since we joined eighteen months back. MonaVie is founded and lead by an innovative, dynamic and experienced team of professionals dedicated to changing lives around the world. The company works in partnership with its distributors and treats them like a family. The company operates with a very high level of integrity. They are very strict regarding distributors making false claims either regarding the product or their earnings from Monavie. Each year the company publishes a statement regarding earnings by the distributors in each rank they have achieved. Their terms and conditions are very fair to the distributors. We are very proud of our company and speak from our hearts. You are welcome to do your research by clicking on the links we have provided or by searching on the net or by visiting the company.
Integrity and experience of the management is very important to your success and you should never compromise this aspect when selecting a company to join.
# TIMING IN JOINING A BUSINESS IS OF GREAT ESSENCE. YOU CAN EITHER RIDE THE WAVE TO SUCCESS OR BE DROWNED BY IT
Right timing consists of two separate factors and these should not be confused. First one is the right timing in the Industry. Second factor is the right timing in the company. We will discuss them in some detail. If you get one right and the other wrong then you will not get great results. If you get both the timings right then you will ride the wave of success.
TIMING IN THE INDUSTRY
Each industry has a cycle. Some product cycles are very long where as other product cycles are very short. For instance few years back there was great excitement regarding video emails. Some network marketing companies called it the wave of the future and started enrolling distributors. Today video emailing is free on the internet. What happened to the profit margins of these companies? Obviously they never survived. What happened to all the effort by the distributors? ZERO outcome. They lost their time, effort and money in promoting a product whose life span was only two to three years. High technology products have a very short window of opportunity. To try and tap into these is very difficult let alone build a residual income for retirement.
To succeed in network marketing is to be in an industry that has a very long product cycle that will not go out of fashion or become redundant with technological change. The most successful products in the network marketing business have been those related to the health and wellness industry. These products are timeless as the need to live longer, look younger and be healthier will always remain. It is the basic human need. It will never go out of style. The timing for health products is also perfect with ‘baby boomers’ coming of age in their late fifties and sixties. For the last six decades baby boomers have determined the industry trends. In the next two decades the main concern of the ‘baby boomers’ will be their health. Health which is a $20 billion dollar industry today is expected to explode to a trillion dollars in sales on the wave of the baby boomers by 2010. The timing is therefore right to join network marketing companies promoting health products. The big wave is set to go into motion and we should ride this ‘health’ wave or we will miss a great opportunity in history.
When the timing is right, NON-network marketers will take your product to the marketplace. The timing means NOW. Not 6 years earlier. Not 6 years later. Timing will make your work ten times easier. Millionaires have been made in network marketing because of timing alone. Learn to ride the wave!
TIMING IN THE COMPANY
Once you have selected the industry then you have to look for a company within the industry whose timing is right for you to join. How can you gauge the timing in a company? It is difficult but below are some tips:
A. Most companies fail in the first year or two of their operations. You'll waste a lot of time, money & energy if you get in too early.
B. You'll waste a lot of time, money & energy if you get in too late. Momentum growth period of these companies occurred years ago. These companies are household names maybe with products using out dated technology. They are like dinosaurs facing extinction. You're will fight a real uphill financial battle to sponsor people into these companies.
The best time to join a company is around 3-5 years of its start up. By the time it would have proved its staying power and about go into momentum growth.
If you can get the timing of the industry and the company right and also other parts of the formula correct, then you are perfectly positioned to ride the momentum wave to wealth. The timing of MonaVie simply cannot be better. It is a unique product in health and wellness industry. The company has just completed its third year in operation and it is gaining huge momentum with sales are doubling up every 6 months. There has been a wide coverage in the media about the company and the product. Who is better to judge MonaVie’s future performance than Maria Ramirez, recognized by The Wall Street Journal as one of the top five forcasters. Maria is an independent observer who comes regularly on CNN and Fox News.
“Within the functional food and nutritional beverage category, MonaVie is perfectly positioned for exponential growth”
Maria Ramirez
When we talk of timing of MonaVie it is simply PERFECT. Are you willing to ride this wave of HEALTH and PROSPERITY? Then what are you waiting for…..TAKE THE PLUNGE!
# THE PRODUCT HAS TO BE REMARKABLE
If there is no EMOTIONAL attachment to the product you will not succeed. You can never recommend a product to someone if you cannot become emotionally involved with it. Network marketing is referral based marketing. You can never transfer your enthusiasm to someone if you don’t have feelings for the product. Here comes problem with companies promoting multiple products through network marketing. The idea is that you will generate more volumes through more products. In fact reverse happens. Firstly no company, howsoever good, can produce hundreds of goods that are unique. So we have a situation of hundreds of mediocre products about which the distributor has very little knowledge or emotional attachment. There is hope that if we throw so many products at the customers that some of them will stick and volumes will get generated. Network marketing works with niche quality products that have special qualities that need to be sold through transference of knowledge and enthusiasm. Network marketing does not work with ordinary products that have little or no intrinsic value.
When you promote multiple of opportunities and products, you undermine your network. If you try to appeal to everybody with your multiple streams of products & services, no one will take you seriously. This is because you have failed to create an identity in their mind. The net result is…..
No trust. No loyalty. No network.
Loss of focus = loss of power. You ruin your quality perception, because, to consumers, specializing = quality. You will struggle to promote numerous unrelated products & services that you don't know well. You lose efficiency, competitiveness, and you get a smaller market share. You are better off to do your research, choose the RIGHT opportunity and product, and FOCUS ON THAT ONE!
If you are focused you will attract customers & associates you want. They will be excited because they feel that they are a part of something big. It will create a belief in their minds that you'll be a big success. A specialist always knows more and a better quality product always wins over hundreds of mediocre products and services. You will win if you remain focused in a quality niche market.
The product has to be so remarkable that people should be willing to buy it even if there is no compensation plan involved. The product has to be priced right. If you start explaining why the product is so expensive then you will become a sales person rather than a network marketer. In any network marketing organization there will be around 80% of the people who are only users of the product and will never build the business. If the product is not remarkable or priced correctly then these people will stop using the product. The business simply cannot succeed if people do not find a great value in the product.
The product should be such that it is not readily available in the super markets and neighborhood stores. It does not make sense for someone to buy a product that they can buy cheaper from a store next door. The product has to be unique and remarkable. The product has to be such that it is difficult to replicate it. If everyone starts replicating the product then the price starts to come down and the margins get squeezed out. The company will go out of business and so will you.
Most importantly the product should be a consumable product that people use every day and need to buy every week or month. In case there are no volumes in product sales/consumption there will be no income.
Monavie is a unique product. It is delicious and healthy blend of the acai berry – one of nature’s top super food – and 18 additional body-beneficial fruits. While each fruit was selected for its unique properties, together, their synergistic union reaches far beyond what any single fruit could accomplish. MonaVie delivers key phytonutrients and antioxidants to help you maintain a healthy and active life style. Acai berry grows only in Amazon. MonaVie has patented a special refrigerated process to ship the fruit from Amazon so that it does not lose its nutritional value. There is very interesting science behind the acai berry and Monavie which makes it a unique product that is difficult to replicate. If you wish to learn more about this unique product then please click HERE.
# THE COMPENSATION PLAN MUST BE EQUITABLE, JUST AND WORK WITH NUMBERS
The most important thing about a compensation plan is that it should work with numbers. If it works for only 5% of the people and not for the other 95% then the compensation plan will not succeed. The business plan has to be equitable and just. Newly sponsored people will remain in the network only if they see the plan working for them. They should not only breakeven but be in profit within the shortest possible time. You can lead people only if you can take them one step closer to their dreams. You have to show them small success before they are prepared to take the long march with you. You are doomed from the very start if the plan does not work with numbers. The plan has to work for average ordinary people. This is because most people who join your business will be average and ordinary. The business plan has to work for average part time workers who make the numbers. If the plan does not work with numbers then simply walk away.
Network marketing statistics show that on an average distributor sponsors 2.7 persons into their home business. This means that any compensation plan that requires more than 3 persons in their frontline will struggle to survive. Binary plans that require only two persons to be put in the front line have proved to be most successful in the industry. Any successful network marketer will tell you that the main source of his income in network marketing comes from two to three people in his team. If this be the case then compensation plans that are too wide just do not work. Binary plans cause spill over’s that support the effort of the new members in the team. The new members feel nice when their upline member place someone below them in their team. This helps build relationships that are essential in network marketing. Always choose a plan that does not force you to go wide and rewards you to work deep. Working in depth helps create relationship with your team members.
Any compensation plan that rewards for recruiting into the system is illegal. Most likely such plans are illegal pyramids with no tangible product in the offing. In illegal pyramids the moment you stop recruiting your income will stop. Such companies camouflage their intentions by selling products that have little or no value. Sooner than later authorities close down these companies for illegal practices. You should never become part of such scams and lose your hard earned money and effort.
For a network marketing company to be ethical and legal the money in the compensation plan has to flow out from sale of products. The joining fee for such companies is normally very low because there is no money to be made from sponsoring people. This helps in sponsoring new people into the business because the start up costs is very low. MonaVie has a joining fee of only $39 which is charged for initial literature about the company, advertising materials and a website that operates your virtual back office from where you can control your business. Ethical companies succeed on the basis of a strong product that people want to buy and use.
A good business plan should be backed by generous contribution from the company for the efforts put in by the distributors. A method to check if the compensation by the company is really generous is to check how many people need to be in your network to generate an income of $10,000 per month. If the figure runs into thousands of distributors then it will take very long time for you to generate any decent income. There are companies who only give back 15% to 25% of the turn over to the distributors. You will put in twice the amount of effort to build your business when compared to company that pays out 40% to 50% of the sales turn over.
MonaVie has an exceptionally generous and innovative compensation plan that pays in eight ways and guarantees that each week 50% of the total GV will be paid out to distributors. This results in income of over $10,000 per month to distributors with only 300 to 500 persons in the network depending upon the level of purchases/sales. In case some of the distributors in the network are inactive then the numbers required will be higher. Another important feature of the MonaVie compensation plan is that points are non flushing. As long as you are active in the business your group volume points will never be lost and will carry forward from week to week till such time you qualify for commissions. This is a big advantage when compared to many compensation plans wherein your points get flushed out at the end of the month if you don’t qualify for commissions.
Lastly, publically traded companies should be avoided if possible because their operating costs are generally very high. These costs get added to the price of the product and as a result the compensation paid to the distributors gets squeezed out. Companies like MonaVie that are privately held operate with much lower overheads and tend to be more profitable.
# CHOOSE AN OPPOPTUNITY WITH SYSTEMS FOR DUPLICATION
Why most businesses fail is because they do not have systems in place. On the other hand businesses with mediocre products but with great business systems always succeed. Take the example of MacDonald. They do not make the best burger in the business. Even your mom will make a better burger. MacDonald is the largest burger chain in the world simply because it has the best business system in the business. This is also true for network marketing companies. Check the business systems of a company before you decide to join them. Go for a system that respects people and attracts likeminded individuals.
To succeed in this business you need a tested, proven, duplication system. The system has to be very simple or it will not be duplicated by ordinary members of your team. Everyone you sponsor and everyone they sponsor needs a step by step system to get their business off to a fast start. These systems can be online, offline, one on one, cold market, warm market, retailing, recruiting or becoming a mentor to their personally sponsored people. The system must also help to develop the individual members and build leadership. A person does not need all the techniques to be successful but the system should make these available to choose from that is best suited for his style of business.
To the best of my knowledge there is no company in network marketing that provides a comprehensive, realistic and affordable system to help you build your business. This is because it is the job of the network marketer to build his own business that is best suited to his style. The company provides you the backup system so that stocking, distribution and customer complaints/queries are taken care of. They pay you generously to spread the word and bring in new customers.
Every company has individual groups of entrepreneurial reps who put together a system to help you build your business. You cannot succeed without the help of these people and the support systems they provide. These are the people you want to find and work with. If you want to leverage your time and effort you have to join one of these groups to succeed. They help not only you but the people you sponsor into the business. Don't join a group unless they have such a system in place.
I was in property mentoring business for nearly a decade and have helped hundreds of people to become millionaires and realize their dreams. This is because of the excellent support system my company provided. When I became engaged in network marketing with MonaVie my dream was to create one thousand millionaires through this business opportunity because I understood the power of this business model. Through my experience I understood the importance of setting up very strong support system to help my team achieve their dreams. I realized that I could never achieve the goal of creating thousand millionaires without proper support system. The first thing I did was to form TEAM MASSIVEPASSIVE that provides an excellent online and offline system to help our team members not only to sponsor new members but also provide them with training to build their business.
TEAM MASSIVEPASSIVE works under the umbrella of TEAM ABUNDANCE to provide world wide support to our team members. This gives our members global approach to sponsor people in any country where MonaVie is operational. Our team members are confident that once they sponsor overseas their members can plug on to our worldwide system of training and support. The system guarantees their success.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com
Sunday, August 17, 2008
RECRUIT UP TO SUCCEED IN YOUR NETWORK MARKETING EFFORT
"Your income is the average of the incomes of the
ten people you most closely associate with."
So said John Milton Fogg at the Randy Gage MLM Bootcarnp I attended on the Big Island of Hawaii in October, 1995. It is the single most important lesson I've learned as a student of Network Marketing.
Of course, we all know that the people we associate with have some kind of influence on our results in life, good or bad, but what some people don't know is that we have a choice and a responsibility. It is up to us to be gatekeepers and to insure that we allow only the positive influence into our lives.
The people that you associate with can influence your results
in the following ways:
1.) Positive people can move you forward in the direction of your goals. The momentum that can be created in your organization through the synergy of a powerful alliance of success-oriented individuals can mean the difference between slow growth and massive growth.
2.) Apathetic people can keep you stuck at the status quo. When you associate with people who have no vision or goals in life, you begin to lose your own vision. You don't really need to leave that stress-inducing job, do you? It's okay to plod through life. (Same old, same old!)
3.) Negative people can move you backward into self-doubt and failure. People with a poor mental attitude can act as a cancer in our lives. They are not happy unless they're miserable and they are happier if you are miserable with them.
So why is it important to "recruit up" and how can you master this important key to success in Network Marketing? Very simply, success breeds success. It is planned - it's never an accident. It's why I say that it is an absolute necessity for you to recruit people who are "better at the game" than you are. Not only will it grow your organization, it will grow you.
To "Recruit up" means to sponsor individuals who have already been successful in business or allied fields. These people already have a winner's mentality. They are not content trading time for dollars because they are accustomed to designing a life.
Read the bio's of all the double diamonds, ruby platinums and triple star fleet admirals in your company newsletter and you'll see that a large percentage were highly successful in real estate, law, medicine, were highly visible members of the clergy or were business owners. They were extremely committed and overworked.
In many cases, they dropped everything and plunged ahead with radical zeal when they saw the opportunity for residual income in Network Marketing. They brought other high achievers with them. A mistake that many novice Networkers make is to recruit someone who is in need of a job, or what I call journey Of The Broke.
Many people who are looking for a J.O.B. need a job with a salary, not a commission-only, investment-required business. We're all for charity and helping others , but someone with a poverty consciousness and security-driven mentality will only pull you down and keep your focus on limitations - instead of possibilities. Do you see why your income is the average of the incomes of the ten people you most closely associate with?
Choose your inner circle wisely. Once you succeed you'll have plenty to share with those less fortunate than yourself. This is not to say that people who have come upon temporary (as long as they see it as temporary) hard times wouldn't be successful candidates for your Network Marketing program. The key is in their attitude, desire and passion to break loose of the chains holding them back.
Someone recently downsized out of a job might be the next superstar in your organization, but if a person has a generational history of no desire, dreams or vision - your Network Marketing program is not the place to save him/her.
Top performers in all fields have a passion for what they do. Have you heard the story about the young man who sought to learn about life from an accomplished master? Applied to Network Marketing, it goes something like this. . . . The student went to the river one day to seek out his master. The master asked his new pupil, "What is it that you seek to know?" "I want to become a power player in Network Marketing," he replied. At that point the master dunked his pupil's head in the river and held it down for what seemed to be an eternity.
When the young man finally arose, gasping he screamed, "Why did you do that?" The master laughed and said, "When you truly want to succeed in Network Marketing as much as you wanted to breathe a few moments ago, you'll become massively successful in our industry." When you want success badly enough, you'll guard who you allow into your inner circle. If you were to hang out with ten people who each earned $25,000 per year working for someone else, how qualified would any of them be to tell you how to earn $1,000,000 per year or more?
The answer is obvious: none of them is qualified. They have never produced the result that you wish to model. Either you take your friends with you in your quest for financial freedom, or you make new friends who are already financially free or on their way to becoming financially free.
Successful players in Network Marketing form powerful
alliances with other winners for two reasons:
1.) Power Teams create massive income streams due to momentum and turnkey duplication.
2.)Healthy Competition encourages each player to stretch beyond self-imposed limitations.
What are some practical action steps that you can take to
recruit high achievers into your Network Marketing business
1.)Get a business name.
You'll do much better approaching successful business people if your business has a high-powered name. If it's discount long distance service that you're selling consider "Communication Cost Control Consultants." If your Network Marketing company sells nutritional products consider "Cutting Edge Nutraceuticals" or "Herbal Health Consultants." Your business name should not include your Network Marketing company name. A good business name makes a far better impression than "Hi, I'm John Doe,distributor of XYZ products." It's much better - and totally honest - to say that you're a cost control consultant or a nutraceutical rep.
It's a simple process to register your business name as a d.b.a. at your county clerk's office. You may prefer to incorporate, but it's more expensive.
2.) Get professional business cards and stationary.
Never hand out information packs consisting of bad copies of bad copies!
3.) Define what you mean by "winner."
What characteristics would identify someone as successful? Would their ideals match your values? Know who you're looking for or they could walk right up to you and you wouldn't know it.
4.) Be the person you wish to attract.
It is a funny thing about life - we attract to ourselves what we are. Successful people come into our lives once we begin to see ourselves as successful.
5.) Make your warm list.
Go through your warm list and find friends, friends of friends, friends of relatives, etc. who are high achievers. Get personal referrals for people who fit your success profile so that you can say "So-and-so suggested that I contact you. . . ."
6.) Make your cold List.
Get a list of every person in the most expensive neighborhoods in your area. Send each one a post card every month offering a free cassette or video about your product or opportunity. Repeat mailings are a must! The ones who respond are your hot prospects. Approach them as one professional to another. Send a neat, concise pre-approach pack and follow up by phone within 48 hours of the time that they receive it. If your products are related to health and nutrition use the same strategy to approach medical doctors, chiropractors and nutritionists. This method has greatly increased my retail volume.
7.) Be visible in the market that you wish to influence.
People will join you only if they know, like and trust you. Mix with the well-to-do at a variety of civic functions. Attend Chamber of Commerce meetings, join business associations, serve in an advisory position for your local junior achievement group, become a patron of the arts and attend functions hosted by local political party organizations. You'll not only make new friends, you'll find many people ideally suited to branch out into the product distribution revolution- Network Marketing!
8.) Target the people you want in your organi- zation.
Assign numbers to each lead,"one" being the most desirable and so on. Make a list of selection criteria. List reasons why they would be successful in your Network Marketing company.
9.) Plan your approach strategy.
How will the individuals that you've targeted benefit from a relationship with you and your Network Marketing company? If you can't think of any benefits, they certainly won't either. It's important that you identify what's in it for them. Most people are tuned into radio station WIFM (What's In It For Me?) and will join your organization if the answer to this question is clear. Listing the advantages of residual income and the benefits of using your exclusive products would be a good place to start.
10.) Follow through.
Be persistent. Ask until you obtain the result that you want. It may not come from every person that you've targeted, but this "ask until" rule will increase your chances of attracting some of them.
11.) Don't be intimidated.
You're a professional offering a business opportunity that's the wave of the future, and you're offering products that are, in many cases, years ahead of anything offered through traditional distribution channels. Don't be afraid to approach your "chicken" list - outstanding people who are already achieving successful results in their lives. An association with this type of person will elevate your own level of thinking and increase the number of successful results that you produce. Don't worry if they're already working long hours. Remember: If you want to get something done, ask a busy person. You'll be amazed at how much time busy people find to build a Network!
The key is discernment. Don't prejudge anyone, but use common sense. Your business is a major investment of time and resources. Let no one side-track you from your vision of success. This is absolutely essential! Keep it constantly in front of you and keep company with other people who have a similar vision.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com
IMPORTANCE OF BUILDING YOUR BELIEF TO SUCCEED IN NETWORKMARKETING
One of the most important ingredient to your success with MonaVie is to build your belief system. Without the BELIEF you will not succeed. It has two parts to it. The first is belief in the concept of network marketing as a means of creating large amounts of wealth within a short span of time. Second part is your belief in the product, the company and the compensation. If you believe in these two things then sponsoring people into the business is extremely simple. So let us examine both these critical issues.
Network marketing has evolved over the years. It is not what it used to be even a few years back. Now fortune 500 companies have started to market their products through network marketing. This is because advertising has lost some of its effectiveness over the years. There are so many advertisements that people do not remember what they see. It has been estimated that to launch one product at national level in USA costs run up in excess of $75 million. If a company wants to achieve international brand name then the costs of advertising and promotion are simply mind boggling. This why companies are taking the route to launch their products through network marketing. It is the wave of the future so it is the right time for us to get into this business and make some money.
Network marketing is an industry that is experiencing an exponential growth with over 55 million distributors worldwide. Hundreds of thousands of people who have joined network marketing have become millionaires. It is being taught as a subject in many business schools around the globe. People like Warren Buffet and Donald Trump who are not only some of the richest people on the planet but also have the most astute business minds own direct selling companies. Richard Bronson who owns over 300 companies worldwide is involved in network marketing. Robert Kyosaki author of ‘Rich Dad Poor Dad’ book series and one of the greatest financial educators recommends network marketing as the ‘Perfect Business’ to achieve financial freedom and security. Then we have Robert G Allen author of international best sellers ‘ Multiple Streams of Income’ and the ‘One Minute Millionaire’ not only endorsing network marketing as one of the best and smart ways to create wealth but also being very successful in the business thereby leading with example. Why are these business leaders staking their name and fame to promote this business model? This is because they firmly believe that network marketing is the wave of the future.
Another thing that has changed the network marketing industry is the advent of the internet. Network marketing and internet are made for one another. In the coming weeks I will cover this subject in greater detail as to how you can use the power of the internet to explode your business. Internet has made it possible for a home business to go global. The important thing is to learn how to use this medium.
Before I joined this business I took a course of 6 months and paid $2000 to assess which is the best business opportunity. I chose network marketing over conventional businesses because I have no doubt that Network Marketing is the fastest and the easiest method of creating vast amount of passive income with minimal risk. It has the power of leverage. You can start building this business part time and can still succeed. It gives you time and money freedom. There is a global dimension to the business but it does not tie you down physically to one place. The most beautiful part is that there are no employees or wage bills or the need to stock goods. It is the PERFECT BUSINESS.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com
Saturday, August 16, 2008
Network Marketing is a Recommendation Business and Not a Sales Business
Network marketing means sharing and transference of your enthusiasm for a product or service. It is a business that works on recommendation of a product that you use and are excited about. When you see a good movie and have enjoyed watching it you speak about it to all your friends. You transfer your enthusiasm to your friends. They go and watch the movie because of their trust in your judgment. If they enjoy the movie then they will further spread the word to other friends and the viewership of the movie grows. Unfortunately you don’t get paid for spreading the word. Network marketing works in a similar fashion. The only difference is that you get paid for spreading the word.
The fact is you have done word-of-mouth advertising, every day, since you were a child. You told your mom & dad what you loved and wanted, your favorite ice cream, jeans, baseball bat, books, movies, restaurants, all kinds of things. You’ve been promoting products since about age 5. But you’ve never got paid for it. The only difference is that with network marketing you get paid every time you recommend someone the product that you love to use. The best part of this business is that you will get checks from this business 25 years from now for a product you recommend to someone today! Isn't that incredible?
YOU MUST HAVE BELIEF IN THE PRODUCT TO TRANSFER YOUR ENTHUSIASM
In order to transfer your enthusiasm you must have BELIEF in the product or service. If you do not have belief in your product it will show in your body language, in your eyes and behavior pattern. Your heart and mind have to flow in one direction if you are to succeed in this business. If you are artificial you will be found out. The business will not work for you if your head and heart pull in different directions. If you wish to sponsor someone into the business then you must have belief that network marketing works and it is one of the best business models to make huge amounts of passive income within a very short time period without financial risks associated with traditional businesses.
How does one build the belief system to succeed? The most important thing is to find a great company, with a strong management and a unique product. We are lucky in this respect. In our case Brad Sugar who has one of the finest business minds has done his research thoroughly. He had found a company with great credentials. Its management consisted of people with high integrity. He flew down to check everything and meet with the management.
Above all the company is producing a niche market health product that cannot be replicated easily. It is a single product company therefore easy to understand and recommend. Can you recommend ten movies to a friend? Your friend will get confused and will not watch a single movie recommended by you. People mistakenly think that a multi-product company will increase the chances of increasing their turn over and therefore increase their pay checks. Nothing can be further from truth. In today’s world a high quality niche product that is not easily replicable works much better. This is borne out by the phenomenal success of companies like Monavie. The company turnover has gone up from zero to one billion dollars in a matter of three years and they market only one product. The company is doubling its plant capacity every 6 months. Microsoft took seven years to achieve a turnover of one Billion Dollars that Monavie has achieved in three short years. This can only be possible if people are using the product and are happy with it. In fact Monavie is a product that sells itself and makes our task very easy.
To build the belief you must use the product and find out the benefit for yourself. This is not a selling business. This is a recommendation business based on faith people have in you. You cannot fake this faith by not using the product yourself and try selling it to others. There are people who believe that product is just a vehicle to build their network marketing business. Any product will do as long as it brings in money. Such thinking will result in selling a product rather than building a network marketing business that is built on good faith and belief.
Another important thing about belief is that initially when we join a network marketing company our belief system is weak. We have not used the products sufficiently. We know very little about the company we are promoting and we do not fully understand the business model. Most importantly we are not making any money so we don’t have the confidence. Initially we have to make great effort to learn everything about the business, the product and the company. In other words to build our belief system we have to train our self’s very hard.
The easiest way to build your belief system is to find a mentor. This is someone you has achieved success in the business. You must have a mentor to be a mentor. You want a mastermind group of like-minded people who want YOU to succeed. Want to make a million dollars? Mastermind with millionaires. If you want to make $50,000 a year, then mastermind with people who make $50,000 a year. Consider this VERY carefully: For most people, their yearly income is the average of their 5 closest friends. Do YOUR 5 closest friends have what you want? If not, why would you EVER listen to their opinions on business? Say you want to invest in real estate. Would you ask the person who rents one home? Or the person with 31 homes, 12 townhouses, 2 farms, one in Hamilton, one in Canterbury, and 16 commercial properties? To build a business, why on earth would you listen to people who've never done it? You've got to evaluate who you take advice from. To build your belief system you have to be in company of those who believe in themselves and have succeeded in the business. If you cannot meet your mentor in flesh and blood then watch videos and listen to tapes of people who have achieved great results from the business and whom you admire.
Your business will grow as your belief system goes up. If you are not succeeding in your network marketing business please check your belief system first. Without a strong belief in what you are doing you are doomed to fail from the very start. If you wish to succeed build your belief system first. Let your mind and heart speak as one unit.
Once you find your belief system, you’ll find sponsoring to be one of the most fun-filled experiences you’ve ever had. Your belief will take you from being a very shy, who is afraid of speaking to strangers, to a crusader who is ready to “share” his product and opportunity at the drop of a hat! Once you have the BELIEF you will not be defensive of your program. You will create a positive and an emotionally surcharged atmosphere where people will beg to be members of your team. This electrifying atmosphere is only possible when you speak from your heart that is backed by a strong belief system. The emotional impact that you produce arises from your inner relationship with your product and program, not from some kind of formula. Emotional power is - thoughtlessness. It bypasses your thinking process, for it has become you. It is your belief system and not something you consciously do or think about at the moment.
We are blessed because MonaVie has the integrity and a unique product. We love to share it with other. If we share that belief and we will succeed.
Your emotional integrity plays a vital part in your power of personal persuasion. When you have that quality your prospects will listen with more than just their ears. Your emotions will bypass the prospect’s defenses and get to his heart.
Jacob Boehme said it well about 350 years ago. His words still ring true today.
“For realness, the exterior of our life needs
to be the signature of the interior.”
Your internal belief system will be strong when you sincerely believe that it’s right to help people become more financially secure. It’s right to help people discover a way to better health, personal growth and increased happiness. No wonder the right kind of network marketing companies can build up loyalty and emotional attachment like few other businesses can! You cannot sell anything effectively unless you are sold on it yourself. And once you’re sold on MonaVie, believe me; you will never have to sell anyone. The key is to become a user of a great product. Once you start using the product that shows results, you will start sharing the benefits of your experience. These benefits will fire your inner emotional power. You will then communicate facts. You will share values through emotions. If your listener concludes that MonaVie has great value, it will be because you’ve shared your emotions and supported them with essential facts. That’s a powerful combination, one that lies at the source of the marketing power you’re looking for.
It is important that your emotional power be the servant of intelligence. The closer you are to the unity of truth, the more power you will generate. It is only when knowledge and emotions combine and when heart and mind are one great success is achieved. Once you develop the belief system you won’t need any artificial means to find prospects. You will attract prospective associates to you with your warmth, conviction and natural enthusiasm, all of which flow from the center of your being. None of these have to be artificially produced. That is fun!
To develop your belief please use the product and see its benefit. I can feel the difference in my body and energy levels. Please also read about the science behind the product and what independent people of great repute, journals, TV channels and internet like U Tube etc are saying about MonaVie. There is no doubt in my heart and mind that we are fortunate to have a great product and a company with high integrity to help us build our business.
Be a part of our DREAM TEAM
http://www.myteamabundance.com
See the MLMLeadSystemPro System for yourself:
http://www.wealthonlineguru.com
Dedicated to your success,
Praveen Kumar
Online business and lifestyle coach
+64 9 8348585 (GMT+12)
"Believe and it WILL happen. YOU will make it happen!"
The FIRST EVER Fully Branded, Customizable, Lead Generation &
Attraction Marketing System Of Its Kind That Combines Attraction
Marketing, Affiliate Marketing, CashFlow Programs And Traditional MLM
into ONE Super Powered Profit Pulling Machine:
http://www.wealthonlineguru.com