Archive for the ‘Network Marketing’ Category
Tuesday, December 11th, 2007
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Do you ever have one of those times when you are completely focused and running at your peak? For some reason I had one of those times this evening.
I guess maybe I could chock it up to the weather outside - freezing rain! For some reason it put me in the mood to get some work done.
What did I do?
- I did some marketing over at Myspace
- I wrote 3 articles and submitted them to Ezinearticles.com
- I added a new email message to my autoresponder
These simple steps have already started moving my business forward. It does not take hours per day to get your business going, but it does take effort and consistent effort over the long haul will be what sets you apart from the “get rich quick” guys online.
So what did you do today to move your business forward? Leave me a comment to let me know…
Technorati Tags:Life Stories, Network Marketing
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Tuesday, December 11th, 2007
Your upline is keeping a big secret from you. It is a secret that has the power to kill your business, but they don’t care.
What is the this powerful secret?
It is a secret that you will probably never learn, until it is too late. The secret is that there is an incredible revolving door in this industry - the MLM or Network Marketing industry. In other words as fast as people are joining your company, many are quickly leaving. Have you ever had a new associate just go missing in action? They simply disappear, never to be heard from again. That is the revolving door in action.
But you know what? It simply does not matter to your upline sponsor. You see he has hundreds of suckers like you spending hard earned cash to recruit just enough people that will stick around to give him tremendous leverage and massive growth.
So what typically kills the hopes and dreams of a new associate? Negative cash flow. Thats right, how long will someone want to stick around when they are literally bleeding cash for monthly autoshipments, buying expensive leads, buying CD’s and other promotional materials. Typically income in the MLM industry will come, but just not immediately - they entire industry is really set up for long term wealth building, but this does not help when you need cash now.
So how can you virtually guarantee that your new associate will stick around long enough to both help grow your Networking organization, but also to allow them to enjoy the residual income that we enjoy in this industry?
You put them in a position to start earning cold hard cash as soon as possible - even the very first day they are in business with you! How do you do this?
Simple…you generate massive qualified leads online, and then lead these prospects through a funnel that puts cash in your pocket whether they join your business or not. This is the massive leverage that we can enjoy when prospecting on the internet.
Technorati Tags:MLM Lead Generation, mlm industry, Network Marketing, network marketing, residual income, wealth building
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Friday, October 5th, 2007
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Time…how you manage it will be the difference between success and failure in your MLM business. We all want the holy grail that network marketing can provide us, which is complete time freedom. The issue is that it comes as a cost - you must put in the time at the beginning to build your business so that you can enjoy the freedoms that will come realistically in one to two years.
I hear so many people that complain about not getting anything going in their business. When I ask them what they are doing, and they answer truthfully, it is usually not enough to make the impact they want in a quick fashion. Somewhere in the conversation they typically use these words “I don’t have the time.”
So lets break that down a bit and see how we can change it. Personally time is also an issue in my life, but I have managed to find ways to build my business quickly, generate dozens of leads a day and make money while still having a personal life. So how do I manage my time?
For starters I use the internet almost exclusively because it allows me to leverage my time and effort. Almost everything I do on the internet will continue to provide me benefits even when I am not working. For example using article distribution, I can write an article once, post it online, and it will continue to bring in leads for months to come. Every post I write for my blog will be online for ever, and provide leads that come from the search engines.
By using a email autoresonder I can communicate with hundreds or even thousands of people per day, building relationships and gaining new friends and business associates. I could never communicate with this many interested prospects if I was doing all of my business building in my warm and hot market.
Here is what I do to carve out three extra hours I can spend building my business each day. I get up at 30 minutes earlier each morning. I work on my business over my lunch hour. I work after I get the kids to bed up to two hours.
The biggest secret is that when you sit down to work, really work! Don’t start surfing the internet or reading forums. Instead spend that time writing articles, posting videos, contributing meaningful content to forums - this is how create success. So many times I have sat down to “work” and I ended up simply wasting 60 minutes surfing the net, and not actually doing something productive to build my business.
With a little thought and dedication, you can easily carve the time needed to build a success internet based MLM business.
Technorati Tags:building relationships, business building, MLM Training, mlm business, Network Marketing, network marketing, time freedom
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Monday, October 1st, 2007
Recently I have discovered one aspect of growing your MLM business that I had never experienced before, but I had been warned about. As you team grows, as mine has very quickly over the last 30 days - it is very easy to slip into “management mode”.
This has happened to me. I was spending all of my time helping new associates get going, that I had completely ignored working on my own lead generation techniques. In the end what happened was that my pipeline was not full, and my entire business began to slow down. Without my own leads entering my funnel, I had significantly impacted the growth of my personal business.
So I sat down and formulated a 90 day plan of action to propel my MLM business to the next level. This plan is one that you can easily adapt to your own situation, so get busy and grow your business.
Here are the three steps of my personal plan for the next 90 days:
1. Video: Over the next 90 days I will produce one video of value each and every day. Some days I may do more than one, but at the end of 90 days I will have 90 new videos.
2. Articles: I will write 90 articles over the next 90 days. These will be posted on my blog and distributed to the article directories for instant and long term exposure.
3. Ebay: I will continue to generate free leads using eBay. This is a great way to generate leads at a profit, and the quality is very high as well.
As you can see, my plan does not include purchasing leads. Purchasing leads is something that I do not believe in for my business - and I would recommend against it for 99% of all people as a way to grow your business.
So there you have it, my 90 day plan for MLM growth. Feel free to copy it or adapt it to your personal business. I expect that at the end of 90 days, my team will be significantly larger. Furthermore, all these tactics have residual power that will continue to bring in traffic over a long period of time.
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Wednesday, September 12th, 2007
Is it really possible to sponsor 12 new associates in 14 days without ever picking up the phone? Yes, it is, but you need a system to allows you to maximize your time.
I remember when I first got started in network marketing, I followed the company provided “training system” to the letter. I made a list of people I knew. I purchased leads. I followed up. I bought dozens of DVD’s to pass out. You name, I did it!
What were my results? A quickly shrinking bank account, hundreds of wasted hours, and one new associate. It simply did not work for me.
So I went in search of a way to use the internet to generate free leads. I read everything I could find, I basically became a self taught expert in generating traffic, leads and income online. I tested everything, and spent more time on the things that provided results.
Guess what - my team began to grow. Then I quickly realized that all my time was spent training these new associates how to grow their team online, and my personal marketing slowed way down. I needed a system and I needed a system quickly! I realized a good system would have 3 primary ingredients.
Lead Capture Page The system needed to have a well written, high converting lead capture page. This would allow my entire team to plug into the system easily, and not have to reinvent the wheel.
Cash Producers We all know that network marketing is not a “get rich quick” business. However, you have to give you new associates a way to get “in the money” as quickly as possible. By utilizing the power of the internet and affiliate marketing, you can easily make income from leads that may never join your business. This income allows your new associates to stay with network marketing long enough to enjoy the true residual income this business can offer!
Traffic Producers A good system will have complete training for new associates that will teach them how to generate tons of traffic to the landing page. There are also other types of traffic generators that are more viral in nature, and you can actually earn traffic credits for referring other users to the site. These types of programs work very well in a prospecting system.
The real power of tapping into or creating your own prospecting system is that it positions you as a leader in the eyes of the prospect. You see people join your business either because the know, like and trust you OR you provide a system that they can see themselves plugging into and growing a business.
By using a system that contains the three components noted in this article, I was able to grow my team by 12 new associates in 14 days. My team was growing so fast I was getting emails from my upline asking what I was doing!
If this sounds like a better way to grow your MLM business, be sure to visit the site listed in the resource box below.
Discover the revolutionary turn-key MLM prospecting system that builds your business on auto pilot! Generate hot exclusive leads, earn multiple streams of income, explode your traffic AND promote YOUR primary business for free at http://www.thedownlinecode.com/r/Guru
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Wednesday, August 8th, 2007
I admit it I am somewhat of a MLM news junkie. If you read any of the forums you have may have heard about the uproar between Barry Minkow of Fraud Discovery Institute and Usana Health Sciences. I won’t get into all the legal filings, of which there are plenty, but I thought this was an interesting story to discuss for a bit.
You see, Barry likes to go after Network Marketing companies. This time he has chosen Usana Health Sciences as his target. Of course Usana has fired back, and the court battle is ensuing.
Barry has made at least 7 videos as of this time and posted them on Youtube. What he did was go out and find disgruntled Usana reps and interview them. They are real tear jerker’s - people have spent tons of money on their businesses, and not made a dime. Of course Usana can point to people that have done well.
However, the facts speak for themselves, over 95% who get started with a network marketing business fail - this includes Usana and all the other top rated companies out there. Barry would like you to believe that this problem is exclusive to Usana - it is NOT!
The real problem lies in how people in any Network Marketing business are trained to build their companies. You see most MLM companies use the same tired tactics - make a names list, go to hotel meetings, bug your friends, hack off your family, purchase leads, yadah, yadah, yadah!
It simply takes to long for most associates to build a team big enough to actually enjoy the residual income that network marketing can create. While they are waiting for this to happen, they are spending hundreds of dollars a month on products, training cd’s, etc. Most new distributors quickly run out of money and quit.
The solution to this problem is build a business around you. So your business is “You Inc.” and you just happen to be a distributor of XYZ company, but you also have many other profit streams that bring in the big cash while you are slowly building your MLM business.
This is the solution - listen closely - generate your own leads, build relationships with those leads over time, sponsor some of the leads into your primary business AND profit from all those leads that never join your primary opportunity.
If this sounds like a better way to build your business, pick up your copy if Internet MLM Pro Secrets today!
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Posted in MLM Training, Network Marketing | 6 Comments »
Friday, June 22nd, 2007
I don’t know about you but I am a true information hound. I love to read magazines, reports, articles - basically anything I can get my hands on about internet business, and especially the MLM and Network Marketing industry.
There is a new technology that is really changing the way quality information is delivered. With the majority of people now able to access the internet using broadband technologies, the ability to deliver high quality audio files is a reality.
The most popular way to deliver these audio files is to use what is called a Podcast. A Podcast is basically a way to users to subscribe to a RSS feed and have new audio content automatically delivered to their iPod or other MP3 player.
If you are using iTunes on your desktop and probably combined with your iPod, it is very easy to find Podcasts to match almost any subject matter you are interested in. All you have to do is ope up iTunes and click on the Podcast link on the left side of the screen in the Music Store section.
From there you can search for Pocasts simply by typing in a search term or browsing the categories. If you are searching for niche conent like “MLM” or “Network Marketing” it is best to use the search function, as the category structure is not that specific.
Here are the top three MLM Podcasts that I am subscribed to (click links if you have iTunes installed to subscribe to this podcast):
Internet MLM Pro Podcast: This is the only podcast I have found that discusses how to use the internet to market your MLM business. (Okay, I will be honest, this is a shameless self promotion - since I actually product this podcast - but if you subscribe you find it is full of relevant content!)
MLM Radio Show: I listen to this simply because the hosts are so high energy. My only criticism is that they claim to be using the internet to build their companies, but it seems like they are mostly cold calling leads that they have purchased from a lead source that generates them on the internet.
MLM Power Hour: Again this is a great show led by Todd Falcone, a success MLM’er turned trainer. Really focuses on building your business in the traditional way, but there are some good nuggets in the content.
So how do you find these at iTunes? Just click on this link Internet MLM Pro or, just open iTunes, click on the Podcast category, and search for “Internet MLM Podcast” - and you will see it in the search results. All you have to do is click the subscribe button, and it will be added to your iTunes player. New episodes will be downloaded automatically as they are publishes.
Then you can either listen to them on your desktop or plug your iPod in to sync them for your listening enjoyment on the run!
I listen to Podcasts everyday in my car, it is a great way to squeeze personal development into a busy schedule. So fire up iTunes and start subscribing!
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Sunday, June 17th, 2007
I am sure you have seen the commercials on television for the office supply store, where they are using the “Easy Button” to solve their problems. I know I rarely watch TV, but even I have seen this commercial.
Looking for the “Easy Button” for your MLM business?
If building a huge downline and creating unlimited residual income were as easy as pressing a button and waiting for results we would all be wealthy! Unfortunately, it is not as easy as pushing a big red button when you are building your MLM business.
It takes work, thats right, the cold hard truth is that to build something truly great will take work on your part. However, there are somethings that you can do to make it seem like you simply pressed the “Easy Button” as your MLM business grows.
The easy way is to fill your pipeline with targeted leads. Follow-up with those leads automatically, and have prospects calling you with credit card in hand begging to join your business. How do you do this without the fabled “Easy Button”?
Simple - learn the skills necessary to build your business on the internet.
- Create a landing opt-in page
- Follow-up automatically using an auto responder to deliver your message via email
- Utilize a funded proposal concept to provide ongoing cash to further grow your business
Simply creating these three things for your business will set you up for success. Success so great others will be asking to use your “Easy Button”!
Get your own MLM “Easy Button”!
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Monday, June 11th, 2007
The hot button today seems to be talking about leveraged income. I thought it would be good to review what I feel is the difference between simple leveraged income and residual leveraged income as it applies to those of us in the network marketing and MLM fields.
Leveraged Income
I think real estate is probably the best example of leveraged income. You purchase a single family home to be used a rental. You find a tenant and they begin paying rent to you that you use to cover the mortgage and expenses of the property.
The tenant giving you leverage on the financial side. You borrowed money, so you are leveraging someone elses money, and the tenant is repaying this money.
The problem is that you still have to be heavily involved for you real estate empire to continue to expand. You have to find properties, manage the ones you own, etc.
RESIDUAL Leveraged Income
When you add the residual element to your income stream, you business continues to grow even if you are not working.
The MLM business model is probably the best example of this model, although there are others. With Network Marketing you are able to build a team. This team element is where the residual and leveraged parts of your income stream come into play.
Your team is all working to build their own businesses, which in turn builds yours. So in affect you could have 500 man hours a day being spent to build your business, when you have only work 30 minutes yourself.
This idea of residual leveraged income is the primary reason I joined a quality MLM business. With the right team under you, all working together, a residual leveraged income stream becomes a true life changing reality!
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Thursday, June 7th, 2007
The biggest challenge we face in the MLM industry is retention of our new associates. I remember the first two people I ever sponsored, I was so excited! I could just picture this massive team exploding under me. I remembered my sponsor saying “You get two, then they get two…”. So I spent time training them, and helping them get going.
The reality hit when neither of them sponsored a single person. They tried….they invited people to meetings, they talked to people about the products, but it was just not happening. They started asking me how long it takes to get going. I was not sure what to say since it took me 4 months just to sponsor them. The monthly autoships, training materials, and startup costs were racking up. I could feel the tension as each month passed and they did not earn money.
A few months later they both simply stopped returning my calls - and stopped their autoships. My dreams started to evaporate with them. If you have been in network marketing for any length of time, I am sure you can relate to this story.
Well, now lets look at a dramatically different way to build a MLM business, that will virtually guarantee your new associates will stay in the business long enough to get your team growing - the funded proposal system.
This is how I build my business now, and how I train my new associates to build theirs. It all starts with setting up a high quality lead capture page. Drive traffic to the capture page and start building a list of subscribers. Immediately start offering these leads a high quality information product that either you created or you sell as an affiliate. As these leads purchase this product, you make cash!
Just imagine what $300 to $500 per month can mean to a new associate on your team. It gives them immediate cash to cover their monthly autoship obligation. It gives them money to put back into more advertising, allowing them to generate even more leads next month, and more sales of the funded proposal product. Then some of these leads will begin to join your team, and you will easily be able to train these new leads to replicate this system.
The bottom line is that the faster a new associate can earn a check, even if it is outside of your primary business, the longer they will stay in business. The longer they stay in, the bigger your check will be!
So which way would you rather build your business? I would choose the funded proposal system, in fact it is the system that my team uses everyday to build our business!
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