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Archive for the ‘MLM’ Category

The Mechanics of Your Online Marketing System

Lets get right down to business shall we. In order to be a successful internet marketer these days, you need to build your mailing list. The bigger the better. Also, making sure that you have clearly identified your market so that you have a large list of people who are already interested in the product of service you offer, and not just a random list of people with varied interests. What I want to share with you now is the very basic, yet powerful, workflow that your online marketing system must have, for you to build a huge list of interested prospects.

Component # 1 – Incentive (A Gift)

If you don’t have something to give away, then you don’t have a marketing system. Your incentive is the key component to your system. Your incentive must be free and it must answer a question or solve a problem.

Component # 2 – Advertisement

Your advertisement will consist of a subject, a title, and an ad body. Its only purpose is to get the person to click on your banner or link that brings them to your capture page.

Component # 3 – Capture Page

This is the page your ad points to. The job of your capture page is the get the person enter their information (Name and email address) into your capture system.

Component # 4 – Autoresponder

This is a system that allows you to automate your marketing efforts on whatever your selling.

This is the how you build and massive list of highly interested people. Once you build a list, you will then have a very specific group of people to present your product or service to. I hope this has helped put things in perspective for you. It doesn’t have to be complicated. It just has to be done right.

How To Sponsor Hundreds Of People Into Your MLM (Part 5)

Welcome back to my 6th and final blog post on “How To Sponsor Hundreds Of People Into Your MLM”. We have come along way together and now its time to finish strong. I have a feeling that most of your will be relieved to know that today I will finally be talking specifically about how to INVITE people to join your business. I want to make sure you understand the value of the previous blog posts on this topic, and that no invitation would stand much of a chance without taking the time to do each step in order, and work your way up the gradient. At this point, if you have done everything I said to do up until this point, you should be primed and ready to invite someone to see your plan or join your business at a high rate of success. So lets get down to it!

There are three main ways in which to invite someone to see your business plan. Those include the telephone, in person, and by letter. The telephone is probably the best way to invite someone to see your business plan, followed by in person and then finally, by sending them a letter. I’m not going to go into why this is. I’m just going to give you the facts based on statistics in this industry as to save you time in having to figure it out on your own.

So lets talk about three specific ways to invite via the telephone.

#1 – You make the call yourself.
#2 – Have your upline call a person for you.
#3 – Set up a three way call between you, your upline and a prospect.

All three of these techniques are acceptable in the beginning until you get your feet wet. Just keep in mind that in order to be really successful in this business, you will have to become proficient and confident in calling people on your own. Make this one of your major goals.

Now here is a sample dialog for you to use as a template when calling on a prospect that you already know.

When your prospect answers the phone and says “Hello”

You could say:

“Hi Bob its Tom, how are you doing? Hey listen, do you know who the Devos and Van Andel family is? (Wither they say yes or no you say) There the guys who started Amway Corporation, you’ve heard of Amway right? Yeah they did about 10 billion dollars last year. A similar company just start and its totally ground floor. Its called ……………( Name of your business opportunity and a few sentences of how is works ). I don’t know if you would have any interest at all but it looks like its going to be pretty huge, and its at the ground floor stage right now. You know your situation better than I do, but if you want to get together I would be happy to show you the details because it looks pretty interesting.”

That is a very simple, yet powerful, way to invite someone to see your business. It doesn’t have to be any more complicated than that. To be quite honest with you, it doesn’t matter the exact words and phrases you use during the invite process as long as your belief and intention are correct. That’s why the previous steps in this process are so important.

Now what makes this invite so powerful, is a technique called a “Release Statement“. What is this you ask? Well let me just say first that “When you give someone permission to say “No”, you’ve given them the ability to say “Yes”. Here are a few examples of release statements.

“You know your situation better than I do”
“It doesn’t matter wither you want to get in or not, either way its 100% ok with me”
“I’m not sure if this will fit you but..”
“Which ever way is better for you is 100% ok with me”
“I don’t even know if you would have any interest”
“I don’t even know if this would make sense for you”
“You can let me know if you have any interest, either way its 100% ok with me”

Using these and other similar release statements will make your prospect feel like they have a choice, increase their comfort level, and drastically improve your chances of getting them to say “Yes” to seeing your business.

The next technique I want you to start thinking about is the use of “Power Phrases“. Here is another list of examples.

“Let me ask you a question”
“Why’s that”
“Why”
“In addition to that, is there anything else?”
“Bob, I know exactly how you feel, I felt exactly the same way, let me tell you what some people I talked to found” (Feel, Felt, Found)
“This is the beginning of the beginning”
“It’s totally ground floor”
“Hey man, timing is everything”
“Hey were friends, if you have some interest great, if not that’s fine too”
“Listen lets get together, let me run this buy you, it wont’ take more than 30 minutes, and if I’m there any longer, its either because you asked me to stay or because your coffee was just fantastic”
“That’s a very good question”…….and then give them a direct answer. (Feel, Felt, Found)

The next important skill to develop is answering questions and overcoming objections. Example:

If someone says to you “MLM is crap, nobody makes any money in those things.” You can say “Oh really, why do you say that?” They might come back with ” I had a friend who got in a lost a bunch of money.” At which you could respond with “Oh yeah, what program?”

You must use the six honest serving men and use them until the day you die. They are What, When and Where, Who, How and Why. When using them make sure you prepare yourself ahead of time to overcome any objections they bring up, by being ready with the strengths and benefits of your organization. That way you will be prepared.

There is one final skill that you absolutely must master if you want to make more money than you every dreamed possible in this business. That is the skill of controlling your emotional response when your prospect gives your their answer. This may seem near impossible for you to comprehend right now but you must train your mind to have the same emotional response to when the prospect says “No” as when your prospect says “Yes”. All of the most successful people in the history of Network Marketing have mastered this skill, and it has allowed them to create the lives of their dreams. You need to master this. It’s vital to your success!

First off, you should be able to comprehend this state of mind if you have read all of the previous blogs on this topic, because you should already have a page of listed reasons why “You don’t care if the person your inviting gets in or not.” Right? Try to remember that and review your list often for reinforcement.

So what you have to do now, is get a hold of a member of your upline. I want you to have your upline drill you with tough questions and objections and just plain old insults, directed to toward your business opportunity. At first, this will feel horrible. Then I want you to have your upline switch to being open minded, excited and ready to join immediately. At first, this will feel amazing. Your goal throughout this process is to try to not let the negative, verbally abusive, and uninterested person, bring your spirits down, crush your confidence, and make you doubt the value of your business opportunity. On the other end of the spectrum you must learn to keep your calm and not get overly excited when the person you invited is super excited and wants to join your business immediately. You must train yourself to have an emotionally balanced and calm response to both scenarios.

Drill with your upline as many times as it takes in order to achieve this automatic response, by forming new neuropathways in the brain. It may take a while, but keep at it and you will soon be making more money from home than you ever dreamed possible.

I hope this training has helped you to take your home business to new heights of success and has increased your feeling of personal fulfillment. Just make sure that your desire to be successful is always greater than your fear of failure, and nobody can stop you.

To your success.

This Is The Best Time In History To Start Your Own Home Business

It still baffles me sometimes, when talking to people about the work from home opportunities of Multi Level Marketing, how few people know what it is or how much potential it possesses.

An estimated 500 million people have participated in an MLM organization since 1959, and there is no sign of it decreasing in popularity. Multi Level Marketing, also known as Network Marketing, has produced more millionaires than any other opportunity in history, with the exception of real estate. According to the United States Bureau of Census, the average income from home businesses of this type is $400,000 a year. Not bad!

Experts are saying that because of our failing economy, this could be the best time in history to join a MLM company, and start your own business within that company. Why? Because by the time its all said and done, it is estimated the 75% of the U.S. work force will either lose their job, get demoted from full time to part time, or receive a reduction in pay. We are talking “Great Depression” level impact on peoples ability to control financial stability.

This estimate does not even consider the fact that a large number of the population are dissatisfied with their current jobs for a broad range of reasons.

This information is what has led MLM experts to believe that over the next few years, we could see the largest wave of people looking to start their own home business, than ever before.

People are tired of working for someone else. They are tired of not getting paid what their worth. They are tired of not having any freedom or flexibility with their time. They are tired of living paycheck to paycheck every month. They are tired of the same old grind. Most of all, they are tired of spending the better part of every day doing something their not passionate about. People are starting to realize more and more than they only get one life, and that they should be spending it following their own bliss.

The only way to get the most out of life, is to find the one thing you enjoy doing the most, and find a way to get paid for it. This is a concept that I believe is possible for everyone to achieve.

But what if you can’t find anything about MLM that you can feel passionate about? That’s fine, but don’t let that stop you from using Multi Level Marketing as a means by which to achieve your dreams.

There’s one thing I know for sure. It’s will be pretty hard to spend your life incredibly happy and in absolute bliss, if your spending a large part of everyday in a profession that strips you of your time, energy, and purpose, because its something that your not passionate about. A business of your own could solve all of these problems, AND give you the time freedom and financial capabilities to pursue other dreams and life ambitions.

So if you ever gave thought to joining an MLM in the past or are just now being exposed to the wonderful possibilities of this business, now would be the time to get in. The more ground floor the company is the better. The more in alignment with your passions and personal beliefs the better.

Simply put, just join an organization that you can be proud of. The better you feel about all aspects of your business, the harder you will work and the more successful you will become in all aspects of your life. There are many wonderful things to experience in this world. Don’t wait for them to come to you. Go out and make them happen!

How to Sponsor Hundreds of People Into Your MLM (Part 3)

Welcome back! So at this point you should have a dream book with written down dreams and goals, pictures of you achieving these dreams and goals, a written prospect list in the back, and a fair understanding of how to use the work flow to sign up prospects on your list.

At this point, you have what you need to successfully develop a residual monthly income in whatever your business opportunity may be. What was that? You still want more?

Alright, now that you have the basic fundamentals of how to sell products and sign people up in your business, I would now like to share with you the most powerful technique of all. There is one element that will drastically improve your chances for success in this business, and that is BELIEF. There are several things that you must believe about your business opportunity for you to really be successful, and if you don’t have a high belief in these areas than your in the wrong business.

So what do you need to believe?

The following is a list of 10 beliefs that you must have about your business for you to be successful.

1.) You must believe that this is the greatest money making opportunity out there.
2.) You must understand that this opportunity is not going to be for everyone.
3.) You don’t care if your prospect gets in or not.
4.) Your going to do it wither your prospect gets in or not.
5.) You must believe that your product is the best one out there.
6.) You must believe that the compensation plan is absolutely the best one out there.
7.) You must believe that your organization’s upline support structure is the best one out there.
8.) You must believe that anyone can do it.
9.) You must believe that you can do it.
10.) You must believe that everyone who buys your product or joins your organization will be impacted in a positive way.

Now comes the most important part of this process. I’m going to walk you through an activity that probably only 25% of you will actually do. That’s ok. Those 25% are going to be dramatically more successful in their businesses and make a lot more money. So here we go!

I want you to rank your level of belief on a scale from 1-10 for all ten of the previous beliefs I just listed. One being no belief what so ever, and ten being absolute 100% belief, with no doubt in your mind. I want you to take your time and honestly assess your level of belief on each and every one. Once you have come up with an honest answer, I want you to write that number next to each one.

If you have any belief with a score 7 or lower, you will need to increase your level of belief in this area. Let me show you how to do that.

First you will need ten separate sheets of white lined paper and a pen with blue ink. Then I want you to write the one of the beliefs we discussed at the top of each sheet of paper. Make sure your stack of papers is in the same order as the belief list written above. I would then like you to, in order, spend about 5 minutes minimum, writing down all the reasons why you believe each to be true.

This process is unbelievably effective. By actually engaging in this activity, you will further strengthen those beliefs you were already strong on, as well as those that needed improvement. The resulting increased belief will exponentially improve your ability to sell products and sponsor people into your organization. This is do to the immense passion by which you speak about your product and organization, that can only be achieved through the belief that what you offer is truly special.

This activity should be repeated every so often as your understanding of your organization and its products improves. I can not emphasize enough the importance of physically engaging in this process. Those who do will be happier, make more money and achieve unlimited success in their business. Don’t wait, do it now!

See you on part 4.

How to Sponsor Hundreds of People Into Your MLM (Part 2)

Welcome back! Hopefully you’ve started to implement at least some of what you have learned in part one of this blog post. Before we ad another element to this process, let us review a few things.

At this point you should have a clearly defined dream, as well as have a burning desire for its achievement. You now know that each step of the work flow must be done in the proper order if you want to achieve great results. You now know that you should be spending 80% of your time showing your business plan and 20% of your time selling products.

I would now like to address something that can often mean the difference between success and failure in the world of Network or Multi-Level Marketing. That is use of a properly written Prospect List. You must have a prospect list that is constantly being updated and revised. This prospect list should be kept in the back of your dream book, and should be looked at three times a day minimum.

Now lets go over how to correctly create a prospect list. First you need a sheet of white lined paper and a pen with blue ink. Once you have your materials, I want you to write down all of your family members. Then all of your friends. Then all of your coworkers. Continue to write down anybody and everybody you can think of. Even if you don’t know the persons name you can write them down. For example you could write “The young women who works the cash register at Starbucks”.

Just write down absolutely everyone you can think of. Also, never prejudge anyone. It’s not your job to try and figure out who will get in and who wont. Everyone is a possibility, and should be added to your list. I also want you to make sure that this prospect list is always written and never typed. The results have proved to be much more powerful when written.

There are two additional way to acquire prospects to include in your prospect list. The art of prospecting, in its simplest definition, is the act of approaching people you don’t know and telling them about your business. This is not something that everyone is going to be able to do successfully, and will not be covered in this post. The other way acquire prospects is to advertise. This is a powerful technique that requires plenty of explanation, and unfortunately will not be covered here either.

For now I want you to focus on presenting the business to people you know. You need to become comfortable, confident and fluid in the presentation of your business. The best way to develop this is by starting with the people you know.

So once you have completed your prospect list (which is never really complete and should be constantly changing), contact the first person on your list, and use the work flow discussed in the part 2, as your guide. If you practice these steps and strategies exactly how they have been presented to you, a monthly residual income and a business to be proud of will be right around the corner. Do this, and your life will change! I’ll see you on part 3.

How to Sponsor Hundreds of People Into Your MLM (Part 1)

This blog post is a continuation of my earlier blog post on “How to Sponsor Hundreds of People Into Your MLM (Intro)”, so if you haven’t read the first blog make sure you go back and do read it before moving on to this one. One of the 3 keys to learning is, never skip a gradient. I will get into that a little more in another post.

So now that you have a good understanding of how much time you should be spending showing the plan(80%), and how much time you should be spending selling products(20%), lets talk about what your work flow should be in this business.

What is the work flow of Network Marketing?

Once again, you must do all these steps in order, because each step is dependent on the preceding step.

1.) First you must get a prospect.
2.) Then you must invite that person to see your business opportunity.
-Always approach them about a way to make money first. Statistics have shown this to be the most effective way to get people to say “yes”. At this point they can iether say “yes” or they can say “No”.
3.) If they say yes, then you show them the plan.
4.) Then you answer questions and overcome objections.
5.) Then you follow up and follow through. This should only take a few days at the most. At this point a person can iether say “Yes, I want to get into the business”, or “No, I don’t want to get into the business”.
6.) If they say “Yes”, then start them off right. This means that whenever possible you must show the business to their friends within the first three days.
7.) Then you must get your sponsor plugged in, by having them read books, listen to CD’s, and attending as many fuctions as possible, as soon as possible. Also make sure you get them sold on the product and get them dream building right away.

This is the basic work flow for your network marketing business. The number one reason people fail in this business is that they don’t do anything. The number two reason people fail in this business is that they complicate it. Don’t complicate it! This is the exact work flow used by Kevin Trudeau, Mary Kay Ash, and Dexter Yager to earn hundreds of millions of dollars in Network Marketing.

Remember, successful people are always willing to do what the other guy is not willing to do. Do the right things, long enough, consistently and you will make a lot of money, faster than you ever thought possible.

How to Sponsor Hundreds of People Into Your MLM (Intro)

The title of this post could be taken in one of two ways. Some of you out there will look at the title of this post and get extremely excited (the preferred reaction), and some of you out there will be in total disbelief that this is even possible (this will keep you broke). Let me explain, so that you can get your mind in the right place to learn this information. The following is an introduction to the techniques of how to sponsor hundreds of people.

When I say that I’m going to teach you how to sponsor hundreds of people, that is exactly what I mean. However, I want you to understand that these people will most likely not all be sponsored directly by you. The hundreds of people that will be sponsored into your business will be sponsored by you, AND your downline. That means you have two methods of making money in your Multi-Level Marketing organization; the money you bring in, and the money your downline brings in. So in order for you to maximize your earning potential, I will not only be showing YOU how to sponsor people directly, but I will also be showing you how to train YOUR DOWNLINE to do that same. Put simply, when talking about your downline remember, width is profitability and depth is security. I’m going to show you how to create both.

In your MLM business you should only have two ways to make money. One is by selling products to customers, and the other is by sponsoring people into your business. This is where the vast majority to your time and effort should be spent. You must focus on these two income producing activities if you want to make money and create a successful business. To be even more specific, you should be spending about 20% of your time promoting your products, and 80% of your time showing the plan and trying to sponsor people into your business. If you do this long enough consistently, the first level of your downline will continue to grow in width.

Now that you understand the basics of priority management for sponsoring people, you must also place a high priority on starting your downline off right. You must have a very specific plan for starting your downline on the fast track to success. This will ensure that your downline increases in depth, and security over time.

In summery, you must spend roughly 20% of your time selling product, and 80% of your time sponsoring people. You must also put a very high priority on starting your downline off right. These two concepts are the fundamentals that need to, first be understood, and then mastered in order to sponsor hundreds of people into your business. By understanding these concepts and applying them to your business, it is my hope that you will earn huge amounts of money in residual income every month.

The forthcoming post will cover, in detail, the specifics of putting these concepts to work. Thank you for stopping bye and I will talk to you soon.

You Don’t Need a Large Downline to Make Big Money

There is always a list of do’s and dont’s when it comes to running any type of business. Making sure you adhere to these guidelines is just as important in a Multi-Level Marketing organization, as it is in anything else. There is one misconception that I would like you to be aware of in the world of MLM’s.

A very frustrating mistake that many inexperienced network marketers make, is focusing solely on building a large downline. This approach can have a detrimental affect on your rate of progress as well as the overall success of your business. What makes this flawed approach so common, is that it is fed purely by emotion, and the desire to get rich quick. If you let your emotions get the best of you in this type of business, you will be in for a long, frustrating and expensive road to nowhere.

The most important quality your downline can possess, is their level of teachability. I touched on this briefly in an earlier blog. They have to be very teachable and must be ready to duplicate, and commit to memory, the exact success principles of their upline (you in this case). Once teachability is established, you should look for individuals who have a high level of belief in themselves, have an entrepreneurial spirit, are highly self motivated, possess a positive attitude, exhibit intelligence, have a definiteness of purpose, and have a clearly defined dream to which they have a burning desire for its achievement. These types of individuals will have a much greater potential to sick with it, not drop out, and make themselves and you, a lot of money in the future.

You must build your downline with people who will be reflections of you. The key word is in the phrase itself. People always say “I need to build a downline”. The key word being build. Don’t just sign up anybody under the sun. Sign up people who you can be proud of. You need to build your people. If you build your people, then your people will build your business. So find the right people buy making sure they are teachable and possess the qualities listed above. Then mold them into money making machines. This will not only help you to become hugely successful in your business, but will ensure that each member of your downline is capable of doing the same.

This initially smaller, but highly more focus and capable downline, is the key to mind blowing long term residual income. The sooner this is understood and applied, the sooner your life will change forever. Now go out there and do it right! Your bank account will thank you.