Tips for Building Your Own Network Marketing Empire.

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Presentation transcript:

Tips for Building Your Own Network Marketing Empire

Use all the products/services in as many ways as possible.

Think about what you will do with your Empire (income)… ALL THE TIME!

Create and maintain a list of people to prospect and how to get a hold of them. There ought to be hundreds of people on it.

Study Multilevel Marketing like you are pursuing a four-year degree in it. Read and listen to EVERYTHING!

Study ALL the marketing materials available so you will know what to use and when.

Manage your beliefs. Study, listen to and watch people that have the beliefs you want. Learn to believe in what you want.

Create a business plan – a simple one that you WILL follow every day. Boil it down to a daily action plan, then work the plan.

Treat your MLM opportunity like any new career. Dedicate yourself to mastering it.

Work at least part time (10 to 20 hours a week). Sometimers only get paid sometimes.

More people are interested in the money. Learn to SELL the income opportunity as well as you might sell the products/services.

Sell income and free time more than a business opportunity or home-base business. People want holes, not drill bits.

Don’t push ropes. Work with the willing. Work only with those who work, not those who promise to work.

Give yourself options from which to pick your leaders. Sponsor enough people to create some odds in your favor.

Sponsor and keep sponsoring until you find an Ace (worker). Then, take them DEEP!

There are always four aces in every 52 cards. Oddly enough, there are usually at least four builders out of every 52 you sponsor.

Be mindful of “placing people” under people. No one likes being given up for adoption. It is not as good an idea as it sounds.

Sponsor as though you could only do so for the next 12 months and then had to build it all from that.

Prospect as though you believe everyone is at least interested. They would be, if they knew what you knew… wouldn’t they?

Keep a prospecting pace and attitude as though the company were paying you $2,000 a month JUST to introduce people to MLM.

If all you had to do was introduce the company to get paid… Who would you talk to? What would you say? What would you do if they said no?

Do the same thing with the same attitude and you WILL earn $2,000 a month and more.

Some will… some won’t. So what? Who’s next?

Remember, the more people who say no, the closer you are to the one who says yes. The odds PROVE it, so bank on it.

If time and opportunity permit… Get to know people before introducing them to MLM. Find out what is important to them and what is missing. Never by cute or creative about what it is you do.

If time and opportunity permit… Be straight about the opportunity. Answer every question directly, followed immediately by your own question.

Call people by their name. They love hearing it and will love you for remembering it.

Leapfrog! Show people that it is who they know that can make them successful. Paint the picture of their success through their prospects.

Drip on everyone that has said no. Send them something every month. Life will change for them. What they meant was, not now.

Offer people about one-third of what you think their full-time income is. Less is boring. Much more is unbelievable.

Offer a specific amount of income as soon as possible. Some or a lot of money is difficult to visualize.

Don’t beg people to join. Beggars are not attractive. Offer the opportunity and be just fine with them not being ready.

Be mindful of what you are doing when you offer the opportunity to others. Would they want to do what you are doing?

Do you look like your opportunity is working for you? Are you having fun? Are you dressed attractively?

Does your car look scary to ride in? Is your home inviting? Do you speak positively about life and others?

Listen, listen, listen, listen, listen, listen. No one cares how much you know until they know how much you care. LISTEN!

Edify, edify, edify! Sell your sponsor, your upline, and corporate leaders. Practice this. Sell them to your prospects and new distributors powerfully.

Know your competition. Visit other opportunity meetings. Learn from them. Study their websites.

Support the dreams of your competitive distributors. Do not undermine their opportunity or attempt to lure them away. Many of them will one day be looking for something new.

Paint a vivid picture of the income opportunity for your prospects. People have to see it in their mind’s eye first to believe it.

Learn to sell the unique advantages of your opportunity.

Craft and practice your personal story on every product/service with which you have had success, as well as why you are engaged in the opportunity.

Be brief. Be powerful. Think of how others could interpret what you say. Think of how you could say it so that they will believe you. What would it have to sound like for you to be interested?

Be on ready alert to offer any one of your success stories on , in meetings or any conference call when given the opportunity.

Information tells… stories sell. Master your stories. BE BRIEF. STAY ON TARGET.

Craft a Story Letter A 3/4-page letter on non-company letterhead that tells the story of how an by whom you were introduced to MLM; what the products did for you and what was it about the income opportunity that compelled you to take advantage of it.

Use your story as your primary piece of prospecting literature. Send or hand it out with anything else you offer to prospects and add it to your web page. Update it as often as you have something powerful to add.

Prospect anyone and everyone with whom you would consider working.

Some of the most successful Network Marketing leaders today first joined as very unsuccessful people.

And, the more successful one is already (to a point of $500,000 annual income), the easier they can see this working; the more contracts they have and the more credibility they have with those contacts.

From the lowest to the highest and everyone in between… prospect them all!

Less successful people will respond to immediate income. Even $50 to $100 will make a huge difference in their lives. And, they are usually willing to do more for it.

More successful people respond to monthly income and longer-term residual income and are usually willing to do less for it.

Financially successful people are often dominated by their business or career and are looking for a way to replace a portion or all of their income. They are usually willing to wait longer and will invest more to make it happen.

Most people that earn up to $500,000 a year could not maintain their lifestyle off liquid assets if their income stopped for more than two or three months. Being broke is a relative concept.

Master the Art of Leapfrogging. Leapfrogging is showing the prospect who they know that should be successful, most often using occupations as the anchor.

Paint a picture on a yellow pad of how their group should grow (1st level, 2nd level, etc.) based on knowing people in certain occupations.

The leapfrogging conversation starts by asking: “Who do you know that is a _______?”

More successful people must be leapfrogged so that they can see how it is who they know, or what lead generation system they have access to, that will earn them the money; not how much time they put in themselves.

Master the Art of Listening Through Objections. Prospects’ objections are rarely true, even for them. These objections are merely a from of resisting being “sold”. Never argue, not even subtly.

Define Always listen: Embellish Purge Address Embrace

Master showing your career plan: Four who get four who get four.

Focus on the four cornerstones of why it works: The People The Sales The Compensation Plan The Residual Asset Value