Posts Tagged ‘Network Marketing Tools’

Many networkers desire to build a successful MLM business. They see others who do it well and want to know how to build MLM just like the “big guys”. In reality, the “big guys” are just normal people who learned how to be successful.

The truth is, there is a difference between leaders and those who desire to be leaders but fail to take certain actions. They are the “wannabe’s”. Let’s take a close look at what real leaders do in MLM and why they achieve much success.

1. Daily Actions. Those who are successful in MLM take consistent action daily. For some, it is something as simple as getting two exposures per day for their business. They do this in many ways such as giving away a free ebook, sharing their story with two people, adding a few friends to their friend’s list on a site like Facebook, giving away a free report, etc. These are simple steps, but will have big results in the long term.

2. Weekly Actions. Leaders in MLM take weekly actions. For some, this is accomplished by sending out one long distance package a week to someone they feel would benefit from hearing about the biz opportunity or product. The packet can contain a book, CD, pamphlet, product sample, etc. This lets people know the leader is in business without a big sales pitch. Once again, these are simple actions, but will have a huge payoff in the long term.

3. Monthly Actions. Those leaders who have learned how to build MLM successfully attend monthly events. The events can be in their hometown or further away. MLM events can include special dinners, luncheons, chamber of commerce events, seminars, etc. These activities increase the leaders knowledge and prospect data base.

4. Personal Development. Leaders in MLM who are successful are always seeking ways to increase their personal growth. They do this by reading books, listening to CD’s, participating in mastermind groups, etc. On-going personal development for them is a must and they do so for at least 15-30 minutes a day.

5. Stay With the Ship. Leaders who understand how to build MLM successfully know massive success won’t come in 30, 60, or 90 days. They know they must give whatever system they are using time to work and build momentum. They know they must give the system at least a year and they are committed to this. There is no jumping ship for each hot new deal that may come along.

6. Have a “Slight Edge” Philosophy. Those who are leaders in MLM have the “slight edge” mindset and philosophy. They know that necessary actions are easy to do or not to do. They choose to take responsibility for both success and failures in their business. Leaders know daily actions may not seem to make a big difference initially, but are committed to following through with them. Successful leaders realize that initially 80% of their time might be required to make their business work, but eventually this will change to 20% of effort which will result in great rewards.

7. Live Outside the Comfort Zone. Lastly, those leaders who know how to build MLM successfully do what others are not willing to do. They are OK with living outside their comfort zone for awhile in order to be comfortable later on. They know that if they are consistent, a big turn around usually comes in 3-5 years.

So, as one can see, true leaders in MLM operate by different methods and mindset than those who are just wannabe’s. To become a true leader and build a successful MLM business, adopt the actions and mindset discussed and get on the road to success.

About the Author

Monique Hawkins is a professional network marketer. She finally found the answers she was looking for in chapter 10 of a free ebook and now is on the road to success. To grab your free copy, go to How to Build MLM: Find Success in 10 Steps If you are looking for free MLM tips and free MLM resources to build your work at home business, visit http://www.squidoo.com/tipstoexplodeyourhome-basedbusiness

Popularity: 2% [?]

Many people in network marketing desire to know how to be successful in MLM. Indeed, with the attrition rate so high, finding success is not always easy.

Many people do not realize that asking one simple question can greatly increase their chance of success? The question is quite simple. It is asking if they are in a vampire network. Read on to discover what a vampire network is.

-Vampire network question #1: What is a vampire network? A vampire network is always out for new blood. It is a company that constantly pushes distributors to build a huge downline. There is no true product and people would not join if there wasn’t a business opportunity associated with it. Recruiting is important, but is spells bad news if it is the primary focus.

-Vampire network question #2: Is anyone retailing products or are they just garage qualified? Of course, everyone should continue to seek new leaders to grow and develop, but not to the point where no retailing of products occurs. There has to be a balance.

-Vampire network question #3: Where is the focus? If the focus is only on recruiting, and you are getting paid just to recruit, this is vampire networking.

-Vampire network question #4: What is the product price? Is it competitively priced? Is the product price being inflated? Remember, only a few companies manufacture products for most MLM companies. Inflated prices occur when a company’s products are very high and the same product can be found with another company for much less. Plus, if you can find the product in places like Wal-mart, Costco, Safeway, on Ebay, etc., this spells trouble for distributors. Who can compete against Wal-Mart? When it comes to how to be successful in MLM, being involved with a company such as this will make success difficult.

-Vampire network question #5: What profit are people making? A profit is simply the difference between the wholesale and retail price of a product. If distributors only get 3%, 5%, 7%, etc. of the wholesale profit, they are going to need many, many people to build a good income. Many people more than likely means a couple of thousand or more. Ouch! Vampire networking!

-Vampire network question #6: How much overhead does the company have? For some, this sounds weird but it is important to consider. The less overhead, the more a company can put in a compensation plan for distributors.

-Vampire network question #7: Are bonuses paid out? Do people have to go through so many hoops that only the top 1% of people are qualified? This is especially important to consider since most people MLM are part-timers. If almost no one ever qualifies, where does the money go? If people are looking at how to be successful in MLM, think about this very carefully.

-Vampire network question #8: Would people buy the product if there were no business opportunity associated with it? The question to always ask is if the recruiting stopped for any amount of time, would the company still be in business? If there is no true product yet lots of recruiting going on, it’s an illegal pyramid scheme.

So, to answer the question how to be successful in MLM, think carefully about the above questions. If some people don’t like their answers, it means they very well could be in a vampire network where success will be very difficult. Choose to be part of a company where you can build it big for your children and your children’s children.

About the Author

Monique Hawkins is a professional network marketer. She finally found the answers she was looking for in chapter 10 of a free ebook and now is on the road to success. To grab your free copy, go to How to Build MLM: Find Success in 10 Steps If you are looking for free MLM tips and free MLM resources to build your work at home business, visit http://www.squidoo.com/tipstoexplodeyourhome-basedbusiness

Popularity: 2% [?]

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