That's really the question you need to ask yourself.
With the internet it seems like you need to know an endless amount of information in network marketing in order to be successful. In the next few minutes I'm going to help you undo what a lot of people have been brainwashing you to do in order to pocket your money.
Here are the 5 things you really need to know about network marketing:
Online/offline marketing both work. Some people started offline marketing (me included) and failed miserably. Nobody wanted to join the "pyramid scheme" and we got discouraged. We then moved to the internet to avoid our warm market. Lo and behold we're buying everything known to man and end up in a worse financial situation than when we first started network marketing.
Solution: If you plan on doing offline marketing plan on joining a team that actually has a product people want to buy. When I first started I was selling insurance which nobody wanted. Now I'm promoting a product that everyone in my warm market wants in on. If you don't have that yet click here to see what I'm doing. If you plan on marketing online pick 1-2 strategies you are interested in mastering. Remember there is no magic button that will make you millions overnight.
The phone is your moneymaker. Most people who are failing are afraid of the phone. They haven't overcome their fear of the word "no" yet. For the longest time I couldn't bring myself to call any of my leads simply because I couldn't bear the thought of someone turning me down.
Solution: If you want to make sales or build your primary much faster, you're going to have to go through this initiation. The more people that turn you down the more you get immune to it. For every person that turns you down, you're one step closer to getting someone to say yes. Buy a cheap list of leads and make a couple hundred of cold calls. This will help you immunize yourself and eventually turn hot targeted leads into sales right away.
The money is in the list. You've probably heard this a million times so here's your one million plus one reminder. You need to build a list. Whether it's offline or online you have got to have a list put together so you can start marketing to them. The bigger your list and the more targeted it is, the better chance you have at making more money.
Solution: Building offline usually requires you to write down a list of the top 25 people you have a solid relationship with. To supplement that list just think of people you have constant contact with (i.e. your mailman, kid's teacher, choir director etc.) Online requires some sort of autoresponder to help you manage your leads and to conveniently e-mail them any value or products you want them to check out. Get people to opt in to your list and you'll have a database of leads very quickly. If you're on my team you need to contact me so we can get your list together.
Product and compensation plan do matter. It's a shame that some people brainwash you into thinking that these two things don't matter when in fact it really does. I know what they're really trying to say is that you becoming a better marketer is more important than those two but these are extremely important. After all a compensation plan that is unilevel and has someone doing 100% of the work 100% of the time leaving him short of his rank advancement is NOT the same as someone who gets a few people, falls short of his rank advancement but his upline literally helps him over to his rank advancement and therefore make more money (it's seriously what we do on my team…check it out here). A product that everyone in your family and circle of friends wants is NOT the same as one that you try to convince them to buy.
Solution: Simply find a better product and compensation plan with solid leadership. I've been in the industry for years and quite honestly have never had an easier time making money than right now. Click here to see what my team is doing.
Finding the right team. One of my closest friends experienced this. You see he was the biggest skeptic of network marketing. Not too long ago a mutual friend tried to recruit him onto her team and he refused. A few months later I joined the same opportunity through a ridiculously awesome team and brought him on board. With our team we got him to the same rank as our friend (who had already been in the company 4 months prior) in one week. That is the power of the team.
Solution: Honestly evaluate where you are in your business. If you're not making money and you've been in at least 3 months it's probably time to change things up. I was able to qualify for a free BMW in a month and a half of joining. It's not everyone's story but it certainly does happen to a majority of people on our team. As you can see in this blog, I'm all about helping you make money. If you're not making money click here and we'll see if you and I are a good fit.
Apply these top 5 principles to your business and money will be sure to follow.
See you at the top,
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