Over the three plus decades I've been in the MLM / Network Marketing profession, I've learned a few things. Mostly I learned them by making lots of mistakes, but a few I learned from other top income earners. In this article I'm going to share 5 of my favorites. These are not theoretical ideas, but rather things I've done to build several large and lucrative businesses, a couple from which I still earn very nice residual incomes.
The key to these MLM / Network Marketing success tips is that you can't just read them. You have to put them into action in your business. The Bible tells us that we need to be "doers of the word", which means that it's great to read about these five powerful business building tips, but until you become a "doer" nothing will happen. So, I encourage you to study these tips and think about how you can implement them into your business today, this week, this month.
Okay, here we go:
Tip #1: Treat Your Business Like a BIG Business
Treat your MLM / Network Marketing business like you invested a million dollars to get it started, rather than as a hobby you work when you have time and you will see much quicker and bigger success. If you invested in a McDonald's franchise, you would work 15 hours a day for years to recoup your initial investment. The problem with network marketing is that it doesn't require a big investment, so people don't treat it like a big business. Yet, the potential income in network marketing is much higher than with a McDonald's franchise. So, treat your network marketing business like a big business by investing the hours every week to build your network.
Tip #2: Set up a designated business area in your house.
If you can spare a bedroom, do it. If not, at least have a desk in the corner and partition it off for your office. This will help you in two ways. First, you will be able to deduct that area of your home on your taxes. Second, it will help you know when you are working and when you are not. If you have a family, make sure they understand that when you are in your office, you're working and are not to be disturbed except for an emergency. That way you will be able to focus without constant interruptions.
Tip #3: Introduce your business to at least one new person every day.
It could be someone you know (from your warm market list) or someone you meet. If you do this 6 days a week (take Sunday off) and 50 weeks (take 2 off for vacation), you will prospect 300 new people each year. With just a 10% closing ratio, you would add 30 new people to your team each year. Now, imagine if they all did the same. It's as easy as saying, "Say, would you be interested in making some extra money, if it didn't jeopardize what you are doing now?" OR "You seem like a sharp person, do you keep your eyes open for ways to make extra income outside of what you do now for a living?" The key is to find a question that works for you and ask someone new every day.
Tip #4: Do What Business Owners Do
When you join an MLM / Network Marketing company, you are in business, so do what every other business owner does - create a business entity (sole proprietorship, partnership, LLC, corporation) and get licensed in your state. Get an EIN (Employer Identification Number) from the IRS and then set up a separate bank account. All your MLM income and costs should flow through that account. This will keep you legit with the IRS and will give you the right business mindset to achieve success.
Tip #5: Find a coach.
Every athletic team has a coach and every top network marketer had/has a coach. The best coach is an upline leader who has already achieved success in your company. Ask them to devote time each week to coaching you. The key is to do what they say. They've been there, done that, got the t-shirts, so all you have to do is listen and follow. If you join my MLM Tip of the Day list and community on Facebook, you can be part of my exclusive Group Coaching program. Go to www.DailyMLMTips.com and subscribe to the free list or find the MLM Tip of the Day group on Facebook and join or do both.
There you go. Remember, it's one thing to just read through these 5 MLM / Network Marketing success tips and think about them and it's another thing to put them into action in your business. So, I hope you will study them and then become a doer!
Showing posts with label multi-level marketing. Show all posts
Showing posts with label multi-level marketing. Show all posts
Tuesday, September 24, 2013
Thursday, June 20, 2013
A Remarkable Business
Patti was a single mother of six children living in a rural
town with a population of only 8,000 and had just lost $75,000 in her
traditional business. She had researched all kinds of traditional businesses
and franchises, but there seemed to be only one type of business that would
enable her to stay home with her children, quickly pay off the debt, and earn a
nice six-figure income within the next five years – network marketing.
Collette was a single mother of five children, of which two
were seriously ill and required regular medical attention. She was deeply in debt and could only work
part-time as a secretary. The medical
bills were piling up and the future looked very bleak. That was when she was introduced to a
fantastic home business by her brother.
At first Collette didn’t think she could be successful, because she had
never operated a business before and had no sales or marketing experience, but
this business was different. It seemed to be her answer from God – network
marketing.
What’s remarkable about network marketing?
The incredible, almost unbelievable stories and these are
just three of the thousands from the network marketing industry. It’s truly a
life altering business and how many other types of businesses can you say will
radically change your life? I certainly haven’t found any others. I mean
really, name me another type of business where a twenty-three year old carpet
installer with an injured shoulder and no money, or a seventy year old butcher,
could become millionaires within a few years. Network marketing is the only
answer.
Oh, here I am ranting and raving about how amazing network
marketing is and you’re probably wondering about Del
Well, Del
Network marketing is the most remarkable business I’ve ever
seen and since I’ve been a business consultant for many years and have
thoroughly researched thousands of businesses, that’s quite a statement. It’s
the only business I’ve ever seen that enables the average person, regardless of
age, gender, financial situation, past experience, education, knowledge, or
even language, to start a business with little to no money and in a few short
years are living the lifestyle of the rich and famous.
Can anyone be successful in network marketing?
Since my entry into the industry in 1979, I’ve had the good
fortune to interview hundreds of the top income earners and I can honestly say
that “YES” anyone can be successful in network marketing. Now, don’t stone me.
I didn’t say that everyone would be successful; I just said that everyone could
be successful, because I’ve seen people from all walks of life achieve high
levels of success in network marketing.
I don’t believe that
anything in this world is perfect, but network marketing is as close to the
perfect business as I think you will ever find. If you’re looking for a
business, you will find nothing better than network marketing – low start-up
investment, proven turn-key system, high quality products and services,
outstanding training and support, quick compensation, movable, unlimited growth,
no employees, very little overhead, can be operated from home either part- or
full-time, and produces long-term residual income, just to name a few reasons
why you should seriously investigate this truly remarkable business.
If you are currently in network marketing or were sometime
in the past and have never been successful, perhaps you picked the wrong
company, product/service, compensation plan, timing, or upline. Many people get
into the first network marketing company that comes along, without doing any
research or due diligence. Uncle Joe, who doesn’t have any money and has never
owned a business, shows you a network marketing company and it must be good,
right? I don’t think so. Not every company is right for every person. You’ve
got to find the right one for you.
However, once you find the right company, then there is just
one secret to success – WORK! I know, you were hoping for that get rich quick
deal – well get over it – they don’t exist. Network marketing is a real
business and it requires work – prospecting for people interested in your
products/services or business, presentations, answering questions and handling
objections, follow-up, sponsoring, training, and supporting. If you do these
things and treat it like a real business, in time, you will be successful.
Who knows, perhaps some day you will be like Del
Tuesday, January 22, 2013
MLM & the Top 50 Article Directories by Rod Nichols
A great way to build your network marketing / MLM business is to become an expert. Normally, to become an expert, you would have to invest years into your craft, but today, because of the magnitude of the internet, you can become an expert within a couple months. Here are 2 steps that will help establish you as an expert in network marketing / MLM:
1. Write 10 articles about network marketing and include an offer for free information by linking to your web page.
2. Submit these 10 articles individually to the top 50 article directories:
1. Write 10 articles about network marketing and include an offer for free information by linking to your web page.
2. Submit these 10 articles individually to the top 50 article directories:
Thursday, January 26, 2012
Coach Your Leaders
I was introduced to network marketing/multi-level marketing in 1979 and for the first 10 years I was a miserable failure. I did just about everything that a person could do wrong and very few of the right things. One of the reasons for this was that I didn't receive any coaching. I was always sponsored by a friend or someone who didn't know any more about succeeding in network marketing than I did. I didn't achieve any success until I started receiving regular coaching from successful upline mentors.
Now that I am a successful upline mentor, I intentionally reach out to my leaders (even those I haven't personally sponsored) and offer regular coaching calls or meetings. I don't want them to have to suffer for 10 years, like I did. Instead, I want them to see a high level of success within the first 2 years and the only way that can happen is if they have someone to guide them through the MLM minefields that deter most people.
During these weekly or every other week coaching calls, I help them uncover their compelling why, set goals, create a plan to reach those goals, and a weekly schedule that will keep them committed to their business. In the following calls, I hold them accountable to the activities they have scheduled and to the achievement of their goals within the set time lines. We also talk about their contacts during the preceding week and I coach them on how to handle situations, objections, questions, or anything else that becomes a barrier to the person enrolling. I strive to help my downline members become better with each new contact.
I also use these coaching times to build relationship. I want to know about the rest of their life - where they work, what they do, family, friends, hobbies, successes and struggles. I keep notes on my leaders, so I can remember to ask them about things that are going on. I care and want them to know that they are not just a cog in the machine or a number in the system. They are important to me and I want them to not only be successful in their business, but also in their lives. Sometimes I even do some coaching on marriages, relationships, health issues, mental struggles, and more. I'm looking to build whole, healthy people, not just successful downline members.
Eventually, these leaders, or up and coming leaders, will outgrow me and go on to coach their own leaders. The cycle repeats down throughout the team, creating a network of loyal, highly trained members who are enjoying success in their businesses and life. This is how you build a strong organization and life-long residual income.
I started this coaching system back in 1995 and built an organization into the thousands that is still intact today, even though I retired from that business in 2001. Consequently, I still earn a significant annual residual income from that business. I am now replicating that system with a new company and in just 2 years have already built a solid network of over 3,000 members and a six figure income and I'm nothing special. I'm basically introverted and don't sponsor a lot of people. I'm just good at building leaders and now that you have my strategy, you can too!
====================================================================================
Rod Nichols has been involved in the network marketing/MLM industry since 1979 as a company founder/owner, consultant, trainer, coach, mentor, distributor, and author. He has been a top leader and built large networks with three MLM businesses and earns a full-time residual income from two of those and is a top income earner in his current company. He is also the industry best-selling author of Successful Network Marketing for the 21st Century, Would You Like to Dig in My Goldmine?, The Ideal Business, and The Twelve Power Secrets for Network Marketing Success. Rod is known as a nuts and bolts trainer and has trained over 10,000 people in the MLM profession. For more information about Rod, visit his web site at www.RodNichols.com or e-mail at Rod@RodNichols.com
Now that I am a successful upline mentor, I intentionally reach out to my leaders (even those I haven't personally sponsored) and offer regular coaching calls or meetings. I don't want them to have to suffer for 10 years, like I did. Instead, I want them to see a high level of success within the first 2 years and the only way that can happen is if they have someone to guide them through the MLM minefields that deter most people.
During these weekly or every other week coaching calls, I help them uncover their compelling why, set goals, create a plan to reach those goals, and a weekly schedule that will keep them committed to their business. In the following calls, I hold them accountable to the activities they have scheduled and to the achievement of their goals within the set time lines. We also talk about their contacts during the preceding week and I coach them on how to handle situations, objections, questions, or anything else that becomes a barrier to the person enrolling. I strive to help my downline members become better with each new contact.
I also use these coaching times to build relationship. I want to know about the rest of their life - where they work, what they do, family, friends, hobbies, successes and struggles. I keep notes on my leaders, so I can remember to ask them about things that are going on. I care and want them to know that they are not just a cog in the machine or a number in the system. They are important to me and I want them to not only be successful in their business, but also in their lives. Sometimes I even do some coaching on marriages, relationships, health issues, mental struggles, and more. I'm looking to build whole, healthy people, not just successful downline members.
Eventually, these leaders, or up and coming leaders, will outgrow me and go on to coach their own leaders. The cycle repeats down throughout the team, creating a network of loyal, highly trained members who are enjoying success in their businesses and life. This is how you build a strong organization and life-long residual income.
I started this coaching system back in 1995 and built an organization into the thousands that is still intact today, even though I retired from that business in 2001. Consequently, I still earn a significant annual residual income from that business. I am now replicating that system with a new company and in just 2 years have already built a solid network of over 3,000 members and a six figure income and I'm nothing special. I'm basically introverted and don't sponsor a lot of people. I'm just good at building leaders and now that you have my strategy, you can too!
====================================================================================
Rod Nichols has been involved in the network marketing/MLM industry since 1979 as a company founder/owner, consultant, trainer, coach, mentor, distributor, and author. He has been a top leader and built large networks with three MLM businesses and earns a full-time residual income from two of those and is a top income earner in his current company. He is also the industry best-selling author of Successful Network Marketing for the 21st Century, Would You Like to Dig in My Goldmine?, The Ideal Business, and The Twelve Power Secrets for Network Marketing Success. Rod is known as a nuts and bolts trainer and has trained over 10,000 people in the MLM profession. For more information about Rod, visit his web site at www.RodNichols.com or e-mail at Rod@RodNichols.com
Tuesday, December 6, 2011
There's Power in the 3-Way
In my 31 years of network marketing, I've had the opportunity to work with and interview hundreds of the industries top leaders. I too am one of those top leaders, having built two large networks with large full-time residual incomes. We have all built our businesses at different paces and using different methods. However, the one thing I know that we have all used to build our businesses is the 3-way call.
The unfortunate fact, is that even though 3 way calls is one of the keys to the success of most top leaders, distributors are not doing 3-way calls. In a recent meeting of approximately 50 distributors, I asked how many were doing weekly 3-way calls with upline or downline and only one person put up his hand. I also know from talking with other leaders that their downlines are effectively using this amazing business-building tool.
If the 3-way call is so important, why don't more distributors do them? I believe it is because they are afraid the prospect will feel "ganged up on" and will be offended. Since many of these calls are to friends and family members, this feeling overrides the potential for success. The distributor would rather have the call fail, than to do a 3-way call with the upline.
Personally, I think that distributors are getting the wrong impression about 3-way calls, because we (upline) are not explaining the methodology and benefits properly. So, here goes.
First, let's talk about the best way to make a 3-way call. Now, for my disclaimer. I am not saying that this is the absolute and only way to make a 3-way call. If your upline has a standard way of doing calls, than that's the way to go. If not, give this a try:
If you are making 3-way calls with your upline, the reason you have your upline on the phone is not to hammer on the prospect or as the heavy closer, but rather so between the two of you the prospect can get all of his/her questions answered. Also, so that your company can be presented in the best possible way and your prospect can make an educated decision.
Here's how the call might go:
The distributor calls upline and discusses the call prior to the appointed time. Distributor puts upline on hold by depressing the "flash" or "conference" button on their phone.The distributor should get a couple quick tones and then a regular dial tone or the opportunity to dial the next number on a cell phone, at which point he/she can dial the prospects number. When it starts ringing, press the flash key or hook button again to re-connect the upline or on a cell phone, let it connect and then join the calls. Here is the dialog when the prospect answers:
Distributor: John, hi this is Rod. I'm calling to follow-up on that information that I (sent/dropped off to) you. I have on the phone with me one of my business partners, Steve has been very successful in this business and is a really great guy. I've got Steve on the phone because I'm relatively new and I thought you would have some great questions that I couldn't answer. John this is (upline).
At this point the upline will take over the call and your job is to listen, take notes, and learn. Here is what the upline might say:
Upline: Hi John. How are you this evening? Are we catching you at a good time? Great! We appreciate you taking the time to talk with us. First I want you to know that I am strictly here to answer questions, fill in the gaps, and help provide the information you need to make a good decision. This is a very important decision and our job is to provide you with sufficient information to make an educated decision. The one favor I need to ask you is that you not say yes or no until you have received enough information to thoroughly research this business and make a good decision. Will you do that for us? Thanks! Now, did you get some time to review the information that Bob sent you?
From here the upline is going to handle the call as he/she feels fit, but it will be a very comfortable call for all involved.
Now, if you are doing the calls with your downline, you should follow the script for the upline, which will help make them more comfortable with the calls.
We recommend that every new distributor do at least thirty 3-way calls before they start talking with people on their own or doing 3-ways with their downline. After thirty calls the distributor will have heard all the main objections and questions, plus the answers. The best way to do these thirty calls is to have the upline do all of the call on the first 10. During the second 10, the distributor should do the first part of the call with the upline handling objections or answering questions. The new distributor should do all of the calls on the third 10 with the upline on for back-up.
Following you will find examples of how the 2nd and 3rd sets of calls might go.
2nd Set of 3-Way Calls:
Distributor: John, hi this is Rod. I'm calling to follow-up on that information that I (sent/dropped off to) you. I have on the phone with me one of my business partners (upline's name), who is here because I am relatively new and I thought you would have some great questions that I couldn't answer. John this is (upline). (upline and prospect say hi, then you continue) John, first off, is this a good time to talk? (If yes, continue) Did you have a chance to review the information? (If yes, continue) (If no, set a time to call again) Excellent! What did you (see/hear) that you liked best or grabbed your attention? (reinforce what they liked and keep asking for more until they run out)
Seems like you had a few things that you liked about our program. So, what questions can we answer? (upline will now help with answers)
3rd Set of 3-Way Calls:
Use the same script as in the 2nd set, except that the distributor will answer questions and call in the upline only when he/she gets stuck.
3-way calls are not only effective for quick and efficient sponsoring, but it is also a great training tool. A new distributor will learn much more by listening in on some calls then by you telling them what to do.
Now for the benefits of 3-way calls:
Distributor - fewer negative calls, better closing ratios, build network quicker.
Upline - opportunity to train, help new distributor get checks quicker, build own network.
Prospect - opportunity to hear different perspectives on the business, get all questions answered, make a good decision.
3-way calls are a win-win-win opportunity and a critical part of every success story in network marketing, so if you aren't already a leader in your company, start doing 3-way calls with your upline and if you are a leader, start doing 3-way calls with your downline. Either way, if you do this, you will see your network grow and your checks skyrocket!
The unfortunate fact, is that even though 3 way calls is one of the keys to the success of most top leaders, distributors are not doing 3-way calls. In a recent meeting of approximately 50 distributors, I asked how many were doing weekly 3-way calls with upline or downline and only one person put up his hand. I also know from talking with other leaders that their downlines are effectively using this amazing business-building tool.
If the 3-way call is so important, why don't more distributors do them? I believe it is because they are afraid the prospect will feel "ganged up on" and will be offended. Since many of these calls are to friends and family members, this feeling overrides the potential for success. The distributor would rather have the call fail, than to do a 3-way call with the upline.
Personally, I think that distributors are getting the wrong impression about 3-way calls, because we (upline) are not explaining the methodology and benefits properly. So, here goes.
First, let's talk about the best way to make a 3-way call. Now, for my disclaimer. I am not saying that this is the absolute and only way to make a 3-way call. If your upline has a standard way of doing calls, than that's the way to go. If not, give this a try:
If you are making 3-way calls with your upline, the reason you have your upline on the phone is not to hammer on the prospect or as the heavy closer, but rather so between the two of you the prospect can get all of his/her questions answered. Also, so that your company can be presented in the best possible way and your prospect can make an educated decision.
Here's how the call might go:
The distributor calls upline and discusses the call prior to the appointed time. Distributor puts upline on hold by depressing the "flash" or "conference" button on their phone.The distributor should get a couple quick tones and then a regular dial tone or the opportunity to dial the next number on a cell phone, at which point he/she can dial the prospects number. When it starts ringing, press the flash key or hook button again to re-connect the upline or on a cell phone, let it connect and then join the calls. Here is the dialog when the prospect answers:
Distributor: John, hi this is Rod. I'm calling to follow-up on that information that I (sent/dropped off to) you. I have on the phone with me one of my business partners, Steve has been very successful in this business and is a really great guy. I've got Steve on the phone because I'm relatively new and I thought you would have some great questions that I couldn't answer. John this is (upline).
At this point the upline will take over the call and your job is to listen, take notes, and learn. Here is what the upline might say:
Upline: Hi John. How are you this evening? Are we catching you at a good time? Great! We appreciate you taking the time to talk with us. First I want you to know that I am strictly here to answer questions, fill in the gaps, and help provide the information you need to make a good decision. This is a very important decision and our job is to provide you with sufficient information to make an educated decision. The one favor I need to ask you is that you not say yes or no until you have received enough information to thoroughly research this business and make a good decision. Will you do that for us? Thanks! Now, did you get some time to review the information that Bob sent you?
From here the upline is going to handle the call as he/she feels fit, but it will be a very comfortable call for all involved.
Now, if you are doing the calls with your downline, you should follow the script for the upline, which will help make them more comfortable with the calls.
We recommend that every new distributor do at least thirty 3-way calls before they start talking with people on their own or doing 3-ways with their downline. After thirty calls the distributor will have heard all the main objections and questions, plus the answers. The best way to do these thirty calls is to have the upline do all of the call on the first 10. During the second 10, the distributor should do the first part of the call with the upline handling objections or answering questions. The new distributor should do all of the calls on the third 10 with the upline on for back-up.
Following you will find examples of how the 2nd and 3rd sets of calls might go.
2nd Set of 3-Way Calls:
Distributor: John, hi this is Rod. I'm calling to follow-up on that information that I (sent/dropped off to) you. I have on the phone with me one of my business partners (upline's name), who is here because I am relatively new and I thought you would have some great questions that I couldn't answer. John this is (upline). (upline and prospect say hi, then you continue) John, first off, is this a good time to talk? (If yes, continue) Did you have a chance to review the information? (If yes, continue) (If no, set a time to call again) Excellent! What did you (see/hear) that you liked best or grabbed your attention? (reinforce what they liked and keep asking for more until they run out)
Seems like you had a few things that you liked about our program. So, what questions can we answer? (upline will now help with answers)
3rd Set of 3-Way Calls:
Use the same script as in the 2nd set, except that the distributor will answer questions and call in the upline only when he/she gets stuck.
3-way calls are not only effective for quick and efficient sponsoring, but it is also a great training tool. A new distributor will learn much more by listening in on some calls then by you telling them what to do.
Now for the benefits of 3-way calls:
Distributor - fewer negative calls, better closing ratios, build network quicker.
Upline - opportunity to train, help new distributor get checks quicker, build own network.
Prospect - opportunity to hear different perspectives on the business, get all questions answered, make a good decision.
3-way calls are a win-win-win opportunity and a critical part of every success story in network marketing, so if you aren't already a leader in your company, start doing 3-way calls with your upline and if you are a leader, start doing 3-way calls with your downline. Either way, if you do this, you will see your network grow and your checks skyrocket!
Wednesday, January 6, 2010
Saturday, October 25, 2008
J.O.B.
Today's AP Headline: Chrysler slashing 5,000 jobs as sale talk goes on.
Are you relying on a job to secure your financial future? Better think again. JOB stands for Just Over Broke or Journey of the Broke. AND in these current economic times, jobs are even less stable than they've been in the last few years.
It's time to take control of your financial future and the only way you can do that is by starting your own business. If you have a lot of money, you could invest in a proven franchies like McDonalds, Burger King, or Wendys, but most people don't have the multi-millions of dollars it would take to do that. If you have $20,000 to $50,000 you could start a more traditional business, open a restaurant or retail store, but again, most people don't have that kind of money just sitting in the bank. Plus, the difficult part is that all of those businesses are going to be affected by the down turn in our economy.
Your best choice in business is network marketing. It is one of the few types of business that isn't impacted by a negative economy. In fact, it actually prospers during recessionary times. Why? Because, when times are tough people are looking for ways to make extra money and network marketing is a great way to do that.
Your investment to get into a network marketing business is likely going to be under $500 and that will include some product that you could use yourself or sell for a profit. If you are with a good company with a responsible upline, you will have excellent training and support available to you, so you don't have to try to figure it out yourself.
There are over 3,000 network marketing companies out there right now and more emerging weekly, so your first task is to find the right company for you. Click on this link to read my article How to Choose the Right Network Marketing Company. There are lots of good companies, a few rather risky ventures, and a bunch of really bad companies that you want to avoid like the plague. Reading my article will help you find that right company for you, your personality, and your budget.
Next, you need to do the things that the top income earners do. Now, you could spend hundreds, maybe thousands of hours interviewing top income earners and studying how they do business or you could invest $20 in my book The Twelve Power Secrets for Network Marketing Success. This book is the culmination of nearly 30 years of research. I've interviewed and worked with hundreds of the top income earners and have gleaned from their wisdom. I've also built very large networks myself, so I include some of the wisdom I have gained as well. This book covers everything you would need to know to be successful. Click HERE for more information or to order the book.
Network marketing is truly the ideal business, so no need to keep looking around. This is the answer you've been looking for. Secure your financial future today, by either starting a network marketing business or building the one you are in. Truly, your future depends on it.
Are you relying on a job to secure your financial future? Better think again. JOB stands for Just Over Broke or Journey of the Broke. AND in these current economic times, jobs are even less stable than they've been in the last few years.
It's time to take control of your financial future and the only way you can do that is by starting your own business. If you have a lot of money, you could invest in a proven franchies like McDonalds, Burger King, or Wendys, but most people don't have the multi-millions of dollars it would take to do that. If you have $20,000 to $50,000 you could start a more traditional business, open a restaurant or retail store, but again, most people don't have that kind of money just sitting in the bank. Plus, the difficult part is that all of those businesses are going to be affected by the down turn in our economy.
Your best choice in business is network marketing. It is one of the few types of business that isn't impacted by a negative economy. In fact, it actually prospers during recessionary times. Why? Because, when times are tough people are looking for ways to make extra money and network marketing is a great way to do that.
Your investment to get into a network marketing business is likely going to be under $500 and that will include some product that you could use yourself or sell for a profit. If you are with a good company with a responsible upline, you will have excellent training and support available to you, so you don't have to try to figure it out yourself.
There are over 3,000 network marketing companies out there right now and more emerging weekly, so your first task is to find the right company for you. Click on this link to read my article How to Choose the Right Network Marketing Company. There are lots of good companies, a few rather risky ventures, and a bunch of really bad companies that you want to avoid like the plague. Reading my article will help you find that right company for you, your personality, and your budget.
Next, you need to do the things that the top income earners do. Now, you could spend hundreds, maybe thousands of hours interviewing top income earners and studying how they do business or you could invest $20 in my book The Twelve Power Secrets for Network Marketing Success. This book is the culmination of nearly 30 years of research. I've interviewed and worked with hundreds of the top income earners and have gleaned from their wisdom. I've also built very large networks myself, so I include some of the wisdom I have gained as well. This book covers everything you would need to know to be successful. Click HERE for more information or to order the book.
Network marketing is truly the ideal business, so no need to keep looking around. This is the answer you've been looking for. Secure your financial future today, by either starting a network marketing business or building the one you are in. Truly, your future depends on it.
Monday, October 13, 2008
How to Build Your Business Right Now
If you haven't figure it out yet, this is a great time to build a network marketing business. Daily, the media is creating fear about the future of the stock market, retirement accounts, money in banks, and the economy in general. Many top economists are forcasting bad times for the next couple years at least. Although this is bad news to most, it's great news for those of us with network marketing businesses.
All that fear is sending people looking for solutions. They're trying to figure out what to do to secure their financial situation or make up for lost retirement funds. People you know are looking for what you have right now. So, here are a few tips for building your business during these crazy economic times.
First, I would send out a letter to everyone you know. In the first part of the letter, recount the media headlines and stir up the fear. Next, inform them that you have a way that could help them generate more funds, recoup retirement funds, offset stock loses, enjoy tremendous tax benefits, and secure their financial future. Finally, ask them to get in touch with you if they would like more information.
Second, start up conversations about the economy and how it is affecting their lives. Stir up the fear and then ask them if they are interested in a potential solution. If they are, schedule a time to present your business or arrange to provide them with information.
Third, start contacting those professions that have been the hardest hit: car sales, realtors, mortgage reps and brokers, and anyone selling a big ticket item to consumers. Talk with them about the economy, stir up the fear, and then present a solution.
There are some ways that you can benefit from our current economy and help others do the same.
All that fear is sending people looking for solutions. They're trying to figure out what to do to secure their financial situation or make up for lost retirement funds. People you know are looking for what you have right now. So, here are a few tips for building your business during these crazy economic times.
First, I would send out a letter to everyone you know. In the first part of the letter, recount the media headlines and stir up the fear. Next, inform them that you have a way that could help them generate more funds, recoup retirement funds, offset stock loses, enjoy tremendous tax benefits, and secure their financial future. Finally, ask them to get in touch with you if they would like more information.
Second, start up conversations about the economy and how it is affecting their lives. Stir up the fear and then ask them if they are interested in a potential solution. If they are, schedule a time to present your business or arrange to provide them with information.
Third, start contacting those professions that have been the hardest hit: car sales, realtors, mortgage reps and brokers, and anyone selling a big ticket item to consumers. Talk with them about the economy, stir up the fear, and then present a solution.
There are some ways that you can benefit from our current economy and help others do the same.
Tuesday, October 7, 2008
Secure Your Financial Future
Today's Headline: Retirement accounts have lost $2 trillion — so far
Are you relying on the 401k, retirement account, or Social Security to take care of you in your old age? Forget about it! Take control of your financial future with a network marketing business.
First, network marketing businesses are a lot more fun than just sticking money into an account.
Second, network marketing businesses have a much greater potential for return.
Third, network marketing businesses give you the opportunity to help others too.
Fourth, network marketing businesses provide you with much better tax benefits.
Fifth, network marketing businesses create opportunities for your to travel and meet new people.
There are five great reasons to utilize a network marketing business to secure your retirement.
Let me tell you a sad story. A number of years ago I met a man who had worked for the same company for 30 years and socked away a large sum of money into the company retirement account. He was 2 years away from retirement when the company went bankrupt. He lost everything and was devastated. "What could I do in 2 years that would enable me to recreate my retirement fund," he asked me and I told him there was only one thing - network marketing. I then helped him research the industry to find the right company for him and 2 years later he had built a business that generated far more than his retirement account would have.
Think about it this way. If you have a network marketing business that generates a $100,000 a year income, you have the equivalent of $1,000,000 in an investment that yields 10%. How long would it take you to accumulate $1,000,000 doing what you are doing? Whereas there are many people who work part-time and within 2 to 5 years have a network marketing business that generates a residual income of $100,000 or more (much more). Beyond the financial side, a successful network marketing business will give you free time to enjoy life, opportunities to travel and make new friends, lot's of cool contests and awards, and amazing tax benefits. So, if you have a network marketing business, get busy and secure your financial future. If you're looking for a business and would like to work with a proven leader, e-mail me by clicking HERE.
Are you relying on the 401k, retirement account, or Social Security to take care of you in your old age? Forget about it! Take control of your financial future with a network marketing business.
First, network marketing businesses are a lot more fun than just sticking money into an account.
Second, network marketing businesses have a much greater potential for return.
Third, network marketing businesses give you the opportunity to help others too.
Fourth, network marketing businesses provide you with much better tax benefits.
Fifth, network marketing businesses create opportunities for your to travel and meet new people.
There are five great reasons to utilize a network marketing business to secure your retirement.
Let me tell you a sad story. A number of years ago I met a man who had worked for the same company for 30 years and socked away a large sum of money into the company retirement account. He was 2 years away from retirement when the company went bankrupt. He lost everything and was devastated. "What could I do in 2 years that would enable me to recreate my retirement fund," he asked me and I told him there was only one thing - network marketing. I then helped him research the industry to find the right company for him and 2 years later he had built a business that generated far more than his retirement account would have.
Think about it this way. If you have a network marketing business that generates a $100,000 a year income, you have the equivalent of $1,000,000 in an investment that yields 10%. How long would it take you to accumulate $1,000,000 doing what you are doing? Whereas there are many people who work part-time and within 2 to 5 years have a network marketing business that generates a residual income of $100,000 or more (much more). Beyond the financial side, a successful network marketing business will give you free time to enjoy life, opportunities to travel and make new friends, lot's of cool contests and awards, and amazing tax benefits. So, if you have a network marketing business, get busy and secure your financial future. If you're looking for a business and would like to work with a proven leader, e-mail me by clicking HERE.
Monday, October 6, 2008
Recession Proof Business
Today's Headline: Stocks decline amid global worries credit crisis is spreading; Dow falls below 10,000.
With banks and other major financial institutions failing around the world, we are clearly heading into a major economic crisis. Whether it is a recession or depression, the key is to be self-employed and one of the most recession-proof businesses is network marketing. Why? Because when times get tough, people look for ways to make money and network marketing offers the idea business. It doesn't cost much to get started; you don't need any employees or leased office or warehouse space; and it's a simple business that anyone can do from home.
Even in the great depression, there were still people who had money, but they were the smart entrepreneurs of their day. Now is the time to get smart and build a network marketing business. If you already have a network marketing business, then build it fast and hard so that you are prepared for the coming economic crisis. If you are either looking for a business or are not completely happy with your current company, e-mail me at Rod@RodNichols.com and ask about my #1 rated company. In either case, quit messing around, get busy and build. As things get worse, you will be a shining light on a hill that people will flock to.
With banks and other major financial institutions failing around the world, we are clearly heading into a major economic crisis. Whether it is a recession or depression, the key is to be self-employed and one of the most recession-proof businesses is network marketing. Why? Because when times get tough, people look for ways to make money and network marketing offers the idea business. It doesn't cost much to get started; you don't need any employees or leased office or warehouse space; and it's a simple business that anyone can do from home.
Even in the great depression, there were still people who had money, but they were the smart entrepreneurs of their day. Now is the time to get smart and build a network marketing business. If you already have a network marketing business, then build it fast and hard so that you are prepared for the coming economic crisis. If you are either looking for a business or are not completely happy with your current company, e-mail me at Rod@RodNichols.com and ask about my #1 rated company. In either case, quit messing around, get busy and build. As things get worse, you will be a shining light on a hill that people will flock to.
Monday, September 29, 2008
Invest in Yourself
With the stock market going crazy, banks and financial institutions failing left and right, isn't it great to know that you can invest in something solid - yourself. That's right, when building a network marketing business, you are it's greatest asset. The number one reason that people join a network marketing company is because they like and trust their sponsor. You are why they join, so doesn't it make sense to invest in yourself.
There are three ways to invest in yourself and see a huge return in your network marketing business. The first is to build your belief in the network marketing industry. You can do this by reading everything you can find on network marketing. A couple great tools to build industry belief are The Network Marketing Magazine and my book The Ideal Business. The more knowledge you gain about network marketing, the greater your confidence in the industry.
Next, you need to build belief in your company. You can accomplish this by looking at the corporate web site, listening to CD's and watching DVD's, attending meetings and conferences, and talking with staff and upline leaders. If you have confidence in your company, it will be easy to tell people about it.
Finally, you have to believe in yourself. Invest in books, CD's, DVD's, and classes that will help you build confidence. Practice your presentations, handling objections and questions. Work with your upline and observe everything they do. If you don't believe in yourself, any negative word will set you off course and cost you dearly.
Forget about the stock market and the financial instruments. Invest in yourself and build a lucrative network marketing business. If you do, you won't need any of those investments; your business will take care of you for the rest of your life.
There are three ways to invest in yourself and see a huge return in your network marketing business. The first is to build your belief in the network marketing industry. You can do this by reading everything you can find on network marketing. A couple great tools to build industry belief are The Network Marketing Magazine and my book The Ideal Business. The more knowledge you gain about network marketing, the greater your confidence in the industry.
Next, you need to build belief in your company. You can accomplish this by looking at the corporate web site, listening to CD's and watching DVD's, attending meetings and conferences, and talking with staff and upline leaders. If you have confidence in your company, it will be easy to tell people about it.
Finally, you have to believe in yourself. Invest in books, CD's, DVD's, and classes that will help you build confidence. Practice your presentations, handling objections and questions. Work with your upline and observe everything they do. If you don't believe in yourself, any negative word will set you off course and cost you dearly.
Forget about the stock market and the financial instruments. Invest in yourself and build a lucrative network marketing business. If you do, you won't need any of those investments; your business will take care of you for the rest of your life.
Friday, September 26, 2008
I'm back!
After 7 years of retirement from network marketing business building, I'm back. Seven years ago I retired with a very nice full-time residual income to pursue my goals in ministry and writing. I'm still very happily pursuing those goals, so what could possibly attract me back into the business building. Only the most amazing product and opportunity I've seen in 29 years!!!
I'm excited and ready to build another large network and residual income stream, primarily through the internet. I've already recruited a friend of mine who is a top internet marketing guru. We are in the process of developing a team marketing and training system. What I'm looking for now are people who are serious about making money in network marketing. If you are finally ready to make some very BIG money in network marketing and help a bunch of other people do the same, then e-mail me by clicking HERE to learn more. Please, no lookie loos. Only the serious need respond.
I'm excited and ready to build another large network and residual income stream, primarily through the internet. I've already recruited a friend of mine who is a top internet marketing guru. We are in the process of developing a team marketing and training system. What I'm looking for now are people who are serious about making money in network marketing. If you are finally ready to make some very BIG money in network marketing and help a bunch of other people do the same, then e-mail me by clicking HERE to learn more. Please, no lookie loos. Only the serious need respond.
Thursday, September 25, 2008
Make Money Prospecting
Over the last 29 years in network marketing, I’ve used just about every possible method of prospecting. I’ve worked my warm market, cold prospected, purchased leads, advertised in the newspaper, mailed letters to business people, passed out videos and audios, placed opportunity cards on car windows and handed them to people, posted flyers with tear off strips, and advertised on the internet, just to name a few. In every case, it cost me both time and money to prospect, but if it produced results, the investment was valid. However, recently I’ve discovered a way to have my cake and eat it too. I’ve found a system that pays me to prospect for my network marketing business. Now, that’s what I’m talkin’ about!!!
It’s called a funded business system – meaning that the system funds itself (and you). Here’s how it works. You create a book or e-book that every network marketer would want. If you have the idea, but not the writing abilities, e-mail me and I’ll write it for you. Next, you set up a web system that teases the reader about the book and offers a 5 to 10 day free training, which is delivered by autoresponder. In this training you give the reader some of the key ideas from your book and then sell them on the benefits of buying the book. Each e-mail should include an ordering link. The system will take the order with payment (by credit card or PayPal) and instantly deliver the e-book or promise delivery of the book.
Here’s the exciting part – each person who subscribes to the free training and purchases a book is someone interested in network marketing. They are typically in one of three places: (1) Looking for a company – in which case, you could present your network marketing business; (2) Already with a company, but not completely happy and would be open to looking at alternatives – in which case, you would present your business; (3) Already with a company and completely happy – in which case, you would keep them in a database and revisit every 4 to 6 months (as the average network marketer will change companies every 6 to 12 months until they hit it big or quit the industry). The book and autoresponder training will position you as an industry authority, which sets you apart from other network marketers.
All you have to do is get the word out about your book. You can advertise on the many free classified sites, post information in the various MLM forums, start your own blog, or write articles like this one and submit it to network marketing resource sites. Once you’ve put the system into action, it will produce for you – both leads and income, which you can then use to fund other sources of marketing for your business.
This almost seems too good to be true and if I hadn’t seen the results with my own eyes (and bank account), I’m not sure would believe. A funded business system is a great way to build a network marketing business and make some extra money on the site. It’s particularly good for the person who has just joined a company, as it typically takes a few weeks to a few months to start making money in a network marketing business. By using a funded business system, they can generate leads and a quick income, which just might be what they need to stay in business.
Now, if you don’t want to go through the hassle of developing your own funded business system – writing the book or e-book, developing the web system, writing all the autoresponder trainings, securing a merchant or PayPal business account, and then monitoring the system to make sure that it’s working – then you can use an already established system, such as Magnetic Sponsoring. This system offers a power-packed e-book I’ve written and a powerful marketing system. You pay a one time fee for the book and get the marketing system for FREE.
I started using some of the elements of a funded business system back in 1995 and they helped me build a large and lucrative international organization in a short amount of time. However, I was disappointed as there were still some missing pieces to the puzzle. Magnetic Sponsoring has pulled all the pieces together
So, whether you develop your own funded business system or utilize Magnetic Sponsoring, your marketing life will change. Instead of paying for all those overpriced leads or advertising that may or may not produce, you can now get paid to prospect.
It’s called a funded business system – meaning that the system funds itself (and you). Here’s how it works. You create a book or e-book that every network marketer would want. If you have the idea, but not the writing abilities, e-mail me and I’ll write it for you. Next, you set up a web system that teases the reader about the book and offers a 5 to 10 day free training, which is delivered by autoresponder. In this training you give the reader some of the key ideas from your book and then sell them on the benefits of buying the book. Each e-mail should include an ordering link. The system will take the order with payment (by credit card or PayPal) and instantly deliver the e-book or promise delivery of the book.
Here’s the exciting part – each person who subscribes to the free training and purchases a book is someone interested in network marketing. They are typically in one of three places: (1) Looking for a company – in which case, you could present your network marketing business; (2) Already with a company, but not completely happy and would be open to looking at alternatives – in which case, you would present your business; (3) Already with a company and completely happy – in which case, you would keep them in a database and revisit every 4 to 6 months (as the average network marketer will change companies every 6 to 12 months until they hit it big or quit the industry). The book and autoresponder training will position you as an industry authority, which sets you apart from other network marketers.
All you have to do is get the word out about your book. You can advertise on the many free classified sites, post information in the various MLM forums, start your own blog, or write articles like this one and submit it to network marketing resource sites. Once you’ve put the system into action, it will produce for you – both leads and income, which you can then use to fund other sources of marketing for your business.
This almost seems too good to be true and if I hadn’t seen the results with my own eyes (and bank account), I’m not sure would believe. A funded business system is a great way to build a network marketing business and make some extra money on the site. It’s particularly good for the person who has just joined a company, as it typically takes a few weeks to a few months to start making money in a network marketing business. By using a funded business system, they can generate leads and a quick income, which just might be what they need to stay in business.
Now, if you don’t want to go through the hassle of developing your own funded business system – writing the book or e-book, developing the web system, writing all the autoresponder trainings, securing a merchant or PayPal business account, and then monitoring the system to make sure that it’s working – then you can use an already established system, such as Magnetic Sponsoring. This system offers a power-packed e-book I’ve written and a powerful marketing system. You pay a one time fee for the book and get the marketing system for FREE.
I started using some of the elements of a funded business system back in 1995 and they helped me build a large and lucrative international organization in a short amount of time. However, I was disappointed as there were still some missing pieces to the puzzle. Magnetic Sponsoring has pulled all the pieces together
So, whether you develop your own funded business system or utilize Magnetic Sponsoring, your marketing life will change. Instead of paying for all those overpriced leads or advertising that may or may not produce, you can now get paid to prospect.
Tuesday, September 16, 2008
Training Yourself for Success
As Denis Waitley puts it, we are all born winners and then trained to fail. If you want to break that failure chain that binds so many people, you'll need to train yourself for success. Why would you want to do this instead of staying in your nice cozy comfort zone? How about, more money, better relationships, more friendships, better health, more fun!
Sound good? Here are the steps you'll need to take to train yourself for success:
1. Prepare Your Mind - your mind is like a garden. You can either grow beautiful flowers or weeds. Either will grow just fine. If you prepare your mind, plant good seed, fertilize and water, weed your garden regularly, and then harvest at the right time. Whatever goes into your mind willdictate what comes back out.
An old biblical principle that has been used in the business world for years is, as a man thinketh, so is he. What this means is that you will become what you think about most. If you think you are fat, you will get fatter in order to fulfill the picture in your mind. If you see yourself as a financial failure, you're mind will continue to recreate that picture in your life.
So, what you are going to need to do first is to quit putting garbage into your mind - newspapers, radio, television, trashy books and movies, etc. You're mind stores it all and it affects your ability to succeed.
Instead start putting good stuff in - motivational and inspirational books and tapes, classes at the local community college, seminars, teleconferences, bible studies, church, etc. If you put good stuff in, you'll get good thoughts back out. My books, The Ideal Business and The Twelve Power Secrets for Network Marketing Success are perfect for building belief and becoming confident in what you are doing.
Next, you need to change your mental picture. Take a piece of paper and describe in detail your perfect life. When you're finished, read the description out loud and picture it in your mind. Feel the emotions of excitement, fulfillment, accomplishment, and so on. Now, when you start each new day, read your life description, so that your mind can work that day to move you closer to fulfillment of that mental picture. Take a little time each day to close your eyes and visualize your perfect life. By doing this you make it reality in your mind. It has been proven through many scientific studies that the mind cannot tell the difference between reality and a vivid mental picture.
By preparing your mind for success, you are about 90% there. A properly prepared mind will enable you to focus on your business, family, health, spiritual life, with incredible clarity. You'll be amazed at what happens.
2. Prepare Your Body for Success - success takes time, energy, and brainpower. It's not going to be possible if you are tired and worn down. Make sure that you are eating a healthy diet, exercising daily, and taking good nutritional products. It's time to develop a lean, mean fat burning success machine.
3. Prepare Your Business for Success - make sure that you have received the training that you need in order to succeed. You should know what to say or ask in order to get someone interested in your business. You should be able to handle the basic objections - network marketing, time, money, sales, etc. You should be able to answer common questions about your company, the products or services, compensation plan, getting started, etc. You should have in place a system that generates leads on a weekly basis. You should have a list of at least 100 people you know and be contacting them regularly via phone, mail, e-mail, fax, and in-person.
You should be able to do a 3-way call with both your upline and downline. You should know how to train a new downline distributor. You should know the difference between a legal network marketing (or multi-level) company and an illegal pyramid. You should have a strong enough belief system in your company and it's products or services that people who say negative things about your business, don't bother you.
You should be able to give a presentation to one person or a large group.
In this new era of network marketing, it would also make sense to become internet savvy and have a internet prospecting system. I just introduced a great new system, The 2 Percent Plan, that will help you generate leads, get paid to do it, and learn how to build a large and lucrative network marketing business.
If you can't do these things, you need to immediately contact your upline leaders and have them coach you.
Next, you need to have the tools necessary to succeed. You will need a telephone with a flash key, 3-way calling and call waiting on the phone, if you have a family (particularly teenagers) you should have a separate line put in for your business, voice mail or answering machine, company voice mail (if available), Internet access, company literature and marketing materials. If you are part-time (under 20 hours a week), you should have enough supplies on hand to hand-out or mail at least 20 new information packets per month. Keep a small portable filing system in your car, filled with marketing materials, so that when you encounter a great prospect, you'll have what you need.
Every day treat your business like it were a multi-million dollar company. Set up a work schedule at the beginning of each week and stick to it every day. Consistency is one of the major keys to success in network marketing. Treat your business like a BIG BUSINESS and it will eventually pay you like a big business. Treat it like a hobby and it will pay you like a hobby. It's your choice.
Work through fear. When you run up against fear - making those initial contacts, follow-up calls, public presentations - run over it! As Nike says, Just Do It! and the fear will go away. The more you do what you fear, the more fearless you become. Soon, nothing will get the way of your success.
Prepare, Prepare, Prepare - your mind, body, and business. The better you prepare, the greater the success. The quicker you get started with the preparation and resulting action, the quicker you will start seeing the success you seek - checks, bigger checks, pin levels, awards, and rewards.
Sound good? Here are the steps you'll need to take to train yourself for success:
1. Prepare Your Mind - your mind is like a garden. You can either grow beautiful flowers or weeds. Either will grow just fine. If you prepare your mind, plant good seed, fertilize and water, weed your garden regularly, and then harvest at the right time. Whatever goes into your mind willdictate what comes back out.
An old biblical principle that has been used in the business world for years is, as a man thinketh, so is he. What this means is that you will become what you think about most. If you think you are fat, you will get fatter in order to fulfill the picture in your mind. If you see yourself as a financial failure, you're mind will continue to recreate that picture in your life.
So, what you are going to need to do first is to quit putting garbage into your mind - newspapers, radio, television, trashy books and movies, etc. You're mind stores it all and it affects your ability to succeed.
Instead start putting good stuff in - motivational and inspirational books and tapes, classes at the local community college, seminars, teleconferences, bible studies, church, etc. If you put good stuff in, you'll get good thoughts back out. My books, The Ideal Business and The Twelve Power Secrets for Network Marketing Success are perfect for building belief and becoming confident in what you are doing.
Next, you need to change your mental picture. Take a piece of paper and describe in detail your perfect life. When you're finished, read the description out loud and picture it in your mind. Feel the emotions of excitement, fulfillment, accomplishment, and so on. Now, when you start each new day, read your life description, so that your mind can work that day to move you closer to fulfillment of that mental picture. Take a little time each day to close your eyes and visualize your perfect life. By doing this you make it reality in your mind. It has been proven through many scientific studies that the mind cannot tell the difference between reality and a vivid mental picture.
By preparing your mind for success, you are about 90% there. A properly prepared mind will enable you to focus on your business, family, health, spiritual life, with incredible clarity. You'll be amazed at what happens.
2. Prepare Your Body for Success - success takes time, energy, and brainpower. It's not going to be possible if you are tired and worn down. Make sure that you are eating a healthy diet, exercising daily, and taking good nutritional products. It's time to develop a lean, mean fat burning success machine.
3. Prepare Your Business for Success - make sure that you have received the training that you need in order to succeed. You should know what to say or ask in order to get someone interested in your business. You should be able to handle the basic objections - network marketing, time, money, sales, etc. You should be able to answer common questions about your company, the products or services, compensation plan, getting started, etc. You should have in place a system that generates leads on a weekly basis. You should have a list of at least 100 people you know and be contacting them regularly via phone, mail, e-mail, fax, and in-person.
You should be able to do a 3-way call with both your upline and downline. You should know how to train a new downline distributor. You should know the difference between a legal network marketing (or multi-level) company and an illegal pyramid. You should have a strong enough belief system in your company and it's products or services that people who say negative things about your business, don't bother you.
You should be able to give a presentation to one person or a large group.
In this new era of network marketing, it would also make sense to become internet savvy and have a internet prospecting system. I just introduced a great new system, The 2 Percent Plan, that will help you generate leads, get paid to do it, and learn how to build a large and lucrative network marketing business.
If you can't do these things, you need to immediately contact your upline leaders and have them coach you.
Next, you need to have the tools necessary to succeed. You will need a telephone with a flash key, 3-way calling and call waiting on the phone, if you have a family (particularly teenagers) you should have a separate line put in for your business, voice mail or answering machine, company voice mail (if available), Internet access, company literature and marketing materials. If you are part-time (under 20 hours a week), you should have enough supplies on hand to hand-out or mail at least 20 new information packets per month. Keep a small portable filing system in your car, filled with marketing materials, so that when you encounter a great prospect, you'll have what you need.
Every day treat your business like it were a multi-million dollar company. Set up a work schedule at the beginning of each week and stick to it every day. Consistency is one of the major keys to success in network marketing. Treat your business like a BIG BUSINESS and it will eventually pay you like a big business. Treat it like a hobby and it will pay you like a hobby. It's your choice.
Work through fear. When you run up against fear - making those initial contacts, follow-up calls, public presentations - run over it! As Nike says, Just Do It! and the fear will go away. The more you do what you fear, the more fearless you become. Soon, nothing will get the way of your success.
Prepare, Prepare, Prepare - your mind, body, and business. The better you prepare, the greater the success. The quicker you get started with the preparation and resulting action, the quicker you will start seeing the success you seek - checks, bigger checks, pin levels, awards, and rewards.
Friday, September 12, 2008
FREE Network Marketing Leads
How many times have you seen FREE leads advertised, only to find out that they aren't really free or if they are free, they are worth what you paid for them? The difficult part is that if you are going to build a large network marketing business, you must have leads.
Back in 1995 I pondered this exact issue and began developing what is now referred to as a funded business proposal. There are several popular funded business proposal programs - Magnetic Sponsoring, Renegade Marketer, and others. The idea here is that you market an informational product (book or e-book) that is attractive to people interested in network marketing. If they purchase the product, you (as an affiliate) earn a commission, which can then be used to offset your network marketing business costs or for additional marketing.
The best part about a funded business proposal is that you generate your own leads and they are all people interested in network marketing. The key is to learn how to convert those leads into distributors or associates in your network marketing business. That's how you use a funded business proposal to build a massive network.
Although I think that Magnetic Sponsoring and Renegade Marketer are excellent programs, I felt that they did not have enough emphasis on building a network marketing business, so for the last 6 months a business partner and I have been developing a new funded business proposal called The 2 Percent Plan. This program has all the features of a standard funded business proposal, but also has extensive training for converting leads and building a large and lucrative network marketing business.
So, if you want real FREE leads and the opportunity to get paid to generate them and solid training from a seasoned professional network marketer, then check out The 2 Percent Plan.
Back in 1995 I pondered this exact issue and began developing what is now referred to as a funded business proposal. There are several popular funded business proposal programs - Magnetic Sponsoring, Renegade Marketer, and others. The idea here is that you market an informational product (book or e-book) that is attractive to people interested in network marketing. If they purchase the product, you (as an affiliate) earn a commission, which can then be used to offset your network marketing business costs or for additional marketing.
The best part about a funded business proposal is that you generate your own leads and they are all people interested in network marketing. The key is to learn how to convert those leads into distributors or associates in your network marketing business. That's how you use a funded business proposal to build a massive network.
Although I think that Magnetic Sponsoring and Renegade Marketer are excellent programs, I felt that they did not have enough emphasis on building a network marketing business, so for the last 6 months a business partner and I have been developing a new funded business proposal called The 2 Percent Plan. This program has all the features of a standard funded business proposal, but also has extensive training for converting leads and building a large and lucrative network marketing business.
So, if you want real FREE leads and the opportunity to get paid to generate them and solid training from a seasoned professional network marketer, then check out The 2 Percent Plan.
Tuesday, September 9, 2008
The Power Question
I run into so many network marketers who tell me that things aren't going very well. They can't find any prospects. I think, "What are you crazy? There are 300 million people in the U.S. alone!" So, I teach them the "power" question and send them out into the world. Amazingly, most come back and tell me how well their business is doing now that they are using the power question. So, now I'm going to teach it to you too.
Here it is: "What do you do for a living?"
Powerful isn't it? Actually, it's simplicity does give it power. People will always respond. They will never say no. Plus, they will give you useful information. Knowing what they do for a living tells you what might motivate them.
Next you could say, "Wow, you probably make a lot of money doing that, don't you?" What are they going to say? What would you say? Probably something like, "I do alright" or "not really."
Then you ask, "If I could show you something that would enable you to make double or triple what your making now and enjoy more time freedom, would you be interested in taking a look?"
They will either reply "yes" or "no" or ask "what is it". If "yes" or "what is it", say "That's great. It will take some time to explain, so do you have a business card?" If not then ask them to write their name and e-mail address, so you can send them some information and their phone number so you can call to answer questions. Let them know that there will never be any pressure, just a great opportunity for them to gather information and make an educated decision.
It's powerful and it works!
Here it is: "What do you do for a living?"
Powerful isn't it? Actually, it's simplicity does give it power. People will always respond. They will never say no. Plus, they will give you useful information. Knowing what they do for a living tells you what might motivate them.
Next you could say, "Wow, you probably make a lot of money doing that, don't you?" What are they going to say? What would you say? Probably something like, "I do alright" or "not really."
Then you ask, "If I could show you something that would enable you to make double or triple what your making now and enjoy more time freedom, would you be interested in taking a look?"
They will either reply "yes" or "no" or ask "what is it". If "yes" or "what is it", say "That's great. It will take some time to explain, so do you have a business card?" If not then ask them to write their name and e-mail address, so you can send them some information and their phone number so you can call to answer questions. Let them know that there will never be any pressure, just a great opportunity for them to gather information and make an educated decision.
It's powerful and it works!
Monday, September 8, 2008
Why Network Marketing?
When I was a kid growing up in Colorado, my Dad worked and Mom stayed home with my brother and I. Dad would go off to work at 8 and leave work at 5. At night he would spend time with us playing games or watching T.V. Later in my life, they both would attend my football, basketball, and baseball games. We were kind of the typical "leave-it to Beaver" family.
Today, things have changed. There are very, very few of those families left. Now Dad works two jobs and Mom also works full-time, just to stay ahead. Credit cards are maxed. Most couples are two paychecks away from bankruptcy. Careers are no longer secure, even with the top companies like IBM and AT&T, who have both layed off tens of thousands of people. The economy is so unstable that it's even hard to invest for the future anymore. Stress is at it's highest. What is the answer to this terrible downward spiral? There are probably many, but one is definitely network marketing.
Let's look at the benefits. First, it is a business that can be operated in a person's spare time, without jeopardizing their full-time job. Second, it can build a residual income that grows without increasing the labor hours. Third, it can be a family business where everyone participates. Fourth, it can eliminate the need for a second job or for both spouses to work. Fifth, it can develop into a residual stream of income that will secure a person's financial future and retirement years. Sixth, it can provide for more time freedom to truly enjoy the finer things in life. Seventh, it can result in wealth. Eighth, people in network marketing make a lot of really great friends. Ninth, people experience a great deal of personal growth. Tenth, there lots of great tax benefits (talk with your accountant about this).
Network marketing is the perfect business for this time in history and particularly for this economy. It offers a person the opportunity to own a piece of the American Dream without a huge up front investment, without a big downside risk, without the need for offices or warehouses, without employees and complicated bookkeeping, and with the potential of developing a permanent residual stream of income. A network marketing business is home-based, which allows people to avoid traffic jams, weather, pollution, and the stress of the daily commute.
It also, enables people to be at home, closer to the kids. Network marketing is the answer to many people's prayers. They just don't know it yet! It's up to all of us to spread the word about network marketing. Find those poor souls who are suffering through life, hating their jobs, working long hours, neglecting their family, and fighting traffic, in order to earn just enough money to stay ahead of the wolves. Introduce them to network marketing. Show them a path into a new world filled with hope for the future. Network marketing is truly the light at the end of the dark tunnel. All you need to do is show them that it's not another train.
Today, things have changed. There are very, very few of those families left. Now Dad works two jobs and Mom also works full-time, just to stay ahead. Credit cards are maxed. Most couples are two paychecks away from bankruptcy. Careers are no longer secure, even with the top companies like IBM and AT&T, who have both layed off tens of thousands of people. The economy is so unstable that it's even hard to invest for the future anymore. Stress is at it's highest. What is the answer to this terrible downward spiral? There are probably many, but one is definitely network marketing.
Let's look at the benefits. First, it is a business that can be operated in a person's spare time, without jeopardizing their full-time job. Second, it can build a residual income that grows without increasing the labor hours. Third, it can be a family business where everyone participates. Fourth, it can eliminate the need for a second job or for both spouses to work. Fifth, it can develop into a residual stream of income that will secure a person's financial future and retirement years. Sixth, it can provide for more time freedom to truly enjoy the finer things in life. Seventh, it can result in wealth. Eighth, people in network marketing make a lot of really great friends. Ninth, people experience a great deal of personal growth. Tenth, there lots of great tax benefits (talk with your accountant about this).
Network marketing is the perfect business for this time in history and particularly for this economy. It offers a person the opportunity to own a piece of the American Dream without a huge up front investment, without a big downside risk, without the need for offices or warehouses, without employees and complicated bookkeeping, and with the potential of developing a permanent residual stream of income. A network marketing business is home-based, which allows people to avoid traffic jams, weather, pollution, and the stress of the daily commute.
It also, enables people to be at home, closer to the kids. Network marketing is the answer to many people's prayers. They just don't know it yet! It's up to all of us to spread the word about network marketing. Find those poor souls who are suffering through life, hating their jobs, working long hours, neglecting their family, and fighting traffic, in order to earn just enough money to stay ahead of the wolves. Introduce them to network marketing. Show them a path into a new world filled with hope for the future. Network marketing is truly the light at the end of the dark tunnel. All you need to do is show them that it's not another train.
Thursday, September 4, 2008
WOMEN IN NETWORK MARKETING
Are there differences in the way men and women approach network marketing? Yes. Is one way better than the other? Probably not. However each could learn from the other. All you guys out there, listen up. We can learn something from the women about how to succeed in network marketing.
First, networking requires building rapport and trust quickly. Women are generally much better at this. Some of you men are getting in touch with your feminine side and are becoming better at this. Women tend to be more emotional and can touch another person's emotional side quicker. This builds a solid bond that is hard to break.
Men tend to be like a bull in a china closet, powering in for the close. The key here is to understand the primary reason why a prospect might be interested in network marketing and then cater your approach to that emotional need.
Second, women are better encouragers. They make great network marketing leaders, because they understand what motivates their distributors and uses that to keep them excited. Also, they have a softer approach, which tends to appeal to people better than a man's harder, less caring approach. Also, women are better at nurturing relationships. Men are more into competition and winning, while women are into creating win-win situations. In each situation, evaluate how you can create a win-win situation with yor prospects.
Third, on the whole, women bring a higher level of integrity to network marketing. Without their influence, this industry might be an "anything goes" business. Men would focus on conquering and winning. That's contrary to the networking principle. Here we want to share, nurture, and encourage people to success.
There's no glass ceiling in network marketing and there is plenty of room at the top for all of us, both men and women. Let's learn from each other, become better people, and build the greatest industry in the history of the world!
First, networking requires building rapport and trust quickly. Women are generally much better at this. Some of you men are getting in touch with your feminine side and are becoming better at this. Women tend to be more emotional and can touch another person's emotional side quicker. This builds a solid bond that is hard to break.
Men tend to be like a bull in a china closet, powering in for the close. The key here is to understand the primary reason why a prospect might be interested in network marketing and then cater your approach to that emotional need.
Second, women are better encouragers. They make great network marketing leaders, because they understand what motivates their distributors and uses that to keep them excited. Also, they have a softer approach, which tends to appeal to people better than a man's harder, less caring approach. Also, women are better at nurturing relationships. Men are more into competition and winning, while women are into creating win-win situations. In each situation, evaluate how you can create a win-win situation with yor prospects.
Third, on the whole, women bring a higher level of integrity to network marketing. Without their influence, this industry might be an "anything goes" business. Men would focus on conquering and winning. That's contrary to the networking principle. Here we want to share, nurture, and encourage people to success.
There's no glass ceiling in network marketing and there is plenty of room at the top for all of us, both men and women. Let's learn from each other, become better people, and build the greatest industry in the history of the world!
Wednesday, September 3, 2008
Use E-Zines to Expand Your Business
According to Wikipedia, an e-zine is a “periodic publication distributed by e-mail or posted on a website. E-zines are typically tightly focused on a subject area.” Just to immediately clear up the pronunciation issue, e-zine is most widely pronounced like “ee-zeen” rather than “ee-zyne or ee-zign.”
It is widely believed that e-zines have been around since the 1980’s, but really gained wide-spread attention in the mid 1990’s. Quite simply, an e-zine is just an online newsletter. You can use it to provide valuable information, thus establishing yourself as an authority and also giving you the welcomed opportunity to present your network marketing business.
If you are serious about using E-zines to promote your business, then we highly recommend that you use Charlie Page’s Directory of E-zines. You can find this by clicking HERE (link to http://www.realworldtactics.com/cmd.php?af=742346). You can also visit http://www.e-zine-list.com and search for mlm, network marketing, or home business, to find other e-zines.
There are two ways to use e-zines to market your business– you can write content for other e-zines or publish your own. If you enjoy writing and time allows, do both. If not, your best results will come from writing for other e-zines, as they have already created the readership.
If you want to publish your own, the key is to find a niche – something that isn’t covered or at least not widely covered. Next, send your e-zine out weekly, as it will keep your name and information in front of people, creating front of the mind awareness. Don’t use the e-zine to purely promote, rather use it to inform and create a reputation as an authority. You can include advertising after the information in your e-mails. If you want to see an example of this, go to www.RodNichols.com and click on Newsletters. There you will find a free network marketing E-zine that will show you how to do this.
If you’re not really a writer, you can hire a ghost writer. E-mail me at Rod@RodNichols.com for rates on writing articles you can post on web sites and submit to e-zines or send out to your own e-zine list.
Some e-zines also offer advertising. If you have a budget, you might consider doing this. With this type of ad, you need a great attention grabbing headline and then 3 or 4 benefits (what’s in it for them?). Show them the pain and how to get rid of it and you’ll have plenty of people responding. Placement of ads is critical. Only go with ads that are placed at the top of an e-zine. Better yet are solo ads.
If you are considering advertising on e-zines, contact the owner and ask the following questions: How many subscribers? How many new subscribers per month? How many mailings per month? Do they have advertiser testimonies? Is there an advertiser waiting list? (this is actually a good sign) Will the owner give you an endorsement?
Here are some things to look for in a good e-zine:
1. Mailing to your target market (people interested in network marketing, mlm, home business, making money, etc.).
2. Issues are packed with great information and value for the reader.
3. There are long-term subscribers and testimonies from subscribers.
4. The e-zine looks up-to-date, organized, and easy to read.
5. The subscription process is simple.
6. They don’t send out more than 2 e-mails a week.
Also, don’t be afraid to negotiate. It never hurts to ask for a free month or a lower cost for a longer term commitment.
Many top network marketing income earners have added to their massive networks through e-zine articles and/or advertising and so can you. It just takes time and commitment.
It is widely believed that e-zines have been around since the 1980’s, but really gained wide-spread attention in the mid 1990’s. Quite simply, an e-zine is just an online newsletter. You can use it to provide valuable information, thus establishing yourself as an authority and also giving you the welcomed opportunity to present your network marketing business.
If you are serious about using E-zines to promote your business, then we highly recommend that you use Charlie Page’s Directory of E-zines. You can find this by clicking HERE (link to http://www.realworldtactics.com/cmd.php?af=742346). You can also visit http://www.e-zine-list.com and search for mlm, network marketing, or home business, to find other e-zines.
There are two ways to use e-zines to market your business– you can write content for other e-zines or publish your own. If you enjoy writing and time allows, do both. If not, your best results will come from writing for other e-zines, as they have already created the readership.
If you want to publish your own, the key is to find a niche – something that isn’t covered or at least not widely covered. Next, send your e-zine out weekly, as it will keep your name and information in front of people, creating front of the mind awareness. Don’t use the e-zine to purely promote, rather use it to inform and create a reputation as an authority. You can include advertising after the information in your e-mails. If you want to see an example of this, go to www.RodNichols.com and click on Newsletters. There you will find a free network marketing E-zine that will show you how to do this.
If you’re not really a writer, you can hire a ghost writer. E-mail me at Rod@RodNichols.com for rates on writing articles you can post on web sites and submit to e-zines or send out to your own e-zine list.
Some e-zines also offer advertising. If you have a budget, you might consider doing this. With this type of ad, you need a great attention grabbing headline and then 3 or 4 benefits (what’s in it for them?). Show them the pain and how to get rid of it and you’ll have plenty of people responding. Placement of ads is critical. Only go with ads that are placed at the top of an e-zine. Better yet are solo ads.
If you are considering advertising on e-zines, contact the owner and ask the following questions: How many subscribers? How many new subscribers per month? How many mailings per month? Do they have advertiser testimonies? Is there an advertiser waiting list? (this is actually a good sign) Will the owner give you an endorsement?
Here are some things to look for in a good e-zine:
1. Mailing to your target market (people interested in network marketing, mlm, home business, making money, etc.).
2. Issues are packed with great information and value for the reader.
3. There are long-term subscribers and testimonies from subscribers.
4. The e-zine looks up-to-date, organized, and easy to read.
5. The subscription process is simple.
6. They don’t send out more than 2 e-mails a week.
Also, don’t be afraid to negotiate. It never hurts to ask for a free month or a lower cost for a longer term commitment.
Many top network marketing income earners have added to their massive networks through e-zine articles and/or advertising and so can you. It just takes time and commitment.
Monday, September 1, 2008
We're Back!
The reason you haven't seen any blog entries since last Wednesday was that Karen and I were in Dallas, TX. We appeared on the Daystar Celebration show to talk about my book, God's Prosperity Plan. If you're intersted in watching the show on the internet, click HERE and look for the Celebration show on 8/29/08.
We also attended an international house church conference, while we were in Dallas. Over 400 people from around the world who all operate churches in their home or have networks of house churches (as we do - The Open Door). Paul Young, author of the massive NY Times Bestseller, The Shack, was our keynote speaker. If you haven't read this book, click on the title and order it from Amazon or pick it up at your local bookstore. It will rock your world! To date, over 3.8 million copies have been sold and it is radically changing people's lives.
I know that all this doesn't have anything to do with network marketing or does it?
We have found the similarities between network marketing and Christianity* to be quite interesting. Let's look at a few of those.
Christianity began because of one man - Jesus.
He found 12 men and began to share his message.
3 of those became his primary leaders.
They met individually and in groups to share their message.
As the group grew, the spread the responsibilites for training to others.
The message was spread totally by word of mouth, person to person.
As they worked together, friendships grew.
The government and naysayers often spoke against them.
Their message radically changed people's lives for the better.
Now, let's look at network marketing:
Network marketing started with one company some 60 years ago.
We build a network marketing business by sponsoring people.
Some of those people become leaders.
We meet both individually with people and in groups.
As the group grows, you have to train others to teach and train.
We don't have any major advertising campaigns, NM is a word of mouth business.
As we work with people, many of them will become life long friends.
The government and naysayers have been trying to shut NM down since the 70's.
Our business radically changes people's lives.
If you've ever questioned whether network marketing was a good thing, knock it off. I've been in this amazing industry for nearly 30 years and there is no other business model that even comes close to comparing, in the impact it has on people's lives. It is truly The Ideal Business! You are doing a good thing that can dramaticaly impact people's financial futures for the better, so get out there and spread the good word about network marketing!
Have an awesome Labor Day!
Rod
*P.S. Although it is categorized as such, Christianity is not a religion. Jesus didn't come to earth to create a religion or to build churches. He came to give us the opportunity to be in right relationship with God and who wouldn't want to be in relationship with the creator of the universe? God has been an amazing business partner in my network marketing business and other businesses. He wants to be your business partner too. If you have questions about any of this, feel free to e-mail me at Rod@RodNichols.com.
We also attended an international house church conference, while we were in Dallas. Over 400 people from around the world who all operate churches in their home or have networks of house churches (as we do - The Open Door). Paul Young, author of the massive NY Times Bestseller, The Shack, was our keynote speaker. If you haven't read this book, click on the title and order it from Amazon or pick it up at your local bookstore. It will rock your world! To date, over 3.8 million copies have been sold and it is radically changing people's lives.
I know that all this doesn't have anything to do with network marketing or does it?
We have found the similarities between network marketing and Christianity* to be quite interesting. Let's look at a few of those.
Christianity began because of one man - Jesus.
He found 12 men and began to share his message.
3 of those became his primary leaders.
They met individually and in groups to share their message.
As the group grew, the spread the responsibilites for training to others.
The message was spread totally by word of mouth, person to person.
As they worked together, friendships grew.
The government and naysayers often spoke against them.
Their message radically changed people's lives for the better.
Now, let's look at network marketing:
Network marketing started with one company some 60 years ago.
We build a network marketing business by sponsoring people.
Some of those people become leaders.
We meet both individually with people and in groups.
As the group grows, you have to train others to teach and train.
We don't have any major advertising campaigns, NM is a word of mouth business.
As we work with people, many of them will become life long friends.
The government and naysayers have been trying to shut NM down since the 70's.
Our business radically changes people's lives.
If you've ever questioned whether network marketing was a good thing, knock it off. I've been in this amazing industry for nearly 30 years and there is no other business model that even comes close to comparing, in the impact it has on people's lives. It is truly The Ideal Business! You are doing a good thing that can dramaticaly impact people's financial futures for the better, so get out there and spread the good word about network marketing!
Have an awesome Labor Day!
Rod
*P.S. Although it is categorized as such, Christianity is not a religion. Jesus didn't come to earth to create a religion or to build churches. He came to give us the opportunity to be in right relationship with God and who wouldn't want to be in relationship with the creator of the universe? God has been an amazing business partner in my network marketing business and other businesses. He wants to be your business partner too. If you have questions about any of this, feel free to e-mail me at Rod@RodNichols.com.
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