The key is proper implementation and taking consistent action.
If you do nothing, your results will be nothing.
If you do a little, your results will be a little.
If you take massive action, your results will be massive.
Follow these tips to build an empire.
Tip #1: Clarity is the Genesis of Fast Success
If you plan to build a network marketing business quickly (or even slowly), you must get crystal clear on what you want to achieve and what it will take to get there?What rank do you want to reach and how fast? What are your financial goals? What income level do you want to be at and how fast do you want to get there?
In his book, High Performance Habits: How Extraordinary People Become that Way, Brendon Burchard lays out the 6 habits that propel high performers forward. One of those habits is clarity.
High performers constantly seek clarity. It’s not something they do once a month or once a year. You need to constantly clarify your vision.
Tip #2: Educate Yourself on the Network Marketing Industry
If you want people to join you in building a network marketing dynasty, become an expert in everything network marketing. Reading this is a good first step, but all learning shouldn’t be about how to build.Some of your learning should focus on just getting a better grasp of network marketing as an industry.
If you can have an authentic conversation with somebody about why network marketing is a better business model than the other options out there, you have a better chance of bringing them onto your team and retaining them once they enroll.
If your child’s teacher couldn’t explain to you how students learn, you wouldn’t have much faith in them as a teacher would you?
The same is true of those you recruit (or try to recruit) to your team. If you can’t talk intelligently about the industry, how serious do you think people will take you?… Not that serious.
Tip #3: Get on the Right Bus
Unfortunately, most people join their first network marketing company by accident. Their friend says “hey, take a look at this” and the timing is right, and BOOM!, they’re now a network marketing professional.Two weeks later, when their friend (brother, cousin, co-worker, etc.) gives up and quits, they’re now on their own. This happened to me in my first company. My best friend enrolled my brother. My brother enrolled me, and then they both quit.
But I could see it. I got it. I kept going. I was doing it all wrong, but I built it the best I could and eventually an upline leader reached out to me and offered his help.
My point here is that if you don’t have a team yet or you’re still thinking about joining a company, do some research and make sure you get on the right bus. Take some time to formulate a good plan.
Every company thinks they have the best products and best compensation plan. Make sure you pick the company and upline that’s the best for you.
Tip #4: Relinquish the Reigns to God
I don’t know what your background or beliefs are, you just landed on my site. But since you’re here, I get to say what I want and that includes concepts that fall in line with my beliefs.Psalm 55:22 states “Cast your cares on the LORD and he will sustain you; he will never let the righteous be shaken.”
It’s quite easy to get “shaken” in this business by a bad home meeting, bad prospecting experience, or even because you’re not going as fast as you want.
The times I’ve had the most peace in my life have been those times when I’ve totally turned things over to God.
The times of the most turmoil have been when I’ve tried to do things in my own power.
Just sayin’… something to consider.
Tip #5: Have Fun – Stop Taking Yourself So Freakin’ Serious
If you’re not having fun, you’re doing it wrong. To be successful in anything that requires leadership, you’ve got to learn to have fun. Otherwise, people won’t want to be around you. Besides, if you’re successful and don’t enjoy what you’re doing, what’s the point?If you stop taking everything so serious you’ll actually be a more effective network marketer and more effective recruiter. You’ll be less prone to be offended easily or get defensive.
Don’t get me wrong, be very serious about doing the work necessary to build your team. But have loads of fun while doing it.
Tip #6: Study Your Network Marketing Compensation Plan
This seems like it should be obvious but I’ve found many people don’t do it. It goes back to our tip about clarity. How can you be clear on what you want and what it will take to get there if you don’t understand how your company compensation plan works?What type of compensation plan is it?… Yes my friend, there is more than one type of network marketing compensation plan.
Besides, if you don’t understand your compensation plan you won’t be able to explain it to others without confusing them. A great teacher takes a complex idea and helps simplify it for others.
Tip #7: Start Right: Commit ‘Til It Hurts
This tip has to do with making sure you start right. If you’re already in a company, this section is worth a read so you can explain to your new people how they should enter a company to have the right mindset.If you haven’t joined a company yet, you need to order enough product when you get started to feel like things just got serious. It should hurt your wallet a little. It should feel like you’re making a very serious decision and serious commitment.
It shouldn’t feel the same as it does when you take your entire family to a nice restaurant. If you have a family like mine, you know what I’m talking about. I could start a business for less than the price of going out one night. How’s that for a remarkable industry?
Part of the problem with network marketing though, IS that it’s so efficient and so inexpensive to get started.
Often times, new people don’t feel like they just started a life changing endeavor. They feel like they just bought a few supplies for a new hobby. Then they treat it like a hobby so it pays like a hobby.
When we joined our current company, we ordered the absolute largest product package available. We also immediately started planning to go to the company’s next big function.
These things were simply hacks to position our minds in the right mental and psychological states for success.
Think about this, the average cost to open a food truck is $50,000. If it was you, would you be taking that business more or less serious than you take your network marketing business? The reality is, if you build an empire in network marketing, your gross profits will be a lot higher than one food truck could produce (with less risk).
So do yourself a favor, the next time you join a company, spend enough when you get started that you feel like you’re making a significant business decision.
Make sure you explain this to those you enroll as well. Once that initial order goes through, you can’t go back and order more and expect it to affect your subconscious the same way.
Tip #8: Stop Saying “It’s Easy”
This profession is plagued by people promoting an “easy” system. Just get 3 people and then they will all get three and so on and so forth. In six months we’ll all be rich.The problem of course, is that it doesn’t work that way. It works on paper, but not with real people.
It could, but it won’t. People are complicated. They have their reasons for building a business and they also have their reasons for not taking the required actions to build their business.
You’ll never have 100% duplication. Probably won’t have even close to that. So stop promoting it to your prospects and acting like that is what’s going to happen.
When you enroll somebody with false expectations and convince them it’s going to be easy, it shouldn’t be any surprise when they quit. The reason they quit is because they didn’t sign up for what it really takes to build a successful network marketing business.
It’s hard work. It’s consistency. It’s personal development. It’s growth over time. If you want a team that’s flourishing, the best thing you can do is tell them the truth. It is hard, everything worth doing is hard. It’s better to have 3 driven people with a hardcore work ethic and no fear than it is to have 25 people looking for an easy buck.
Tip #9: Mentally Embrace the Rejection Marathon
Get ready for rejection. It can’t be avoided (if you want success). It’s nothing to be feared but you definitely want to prepare your mind for it. If you plan to build a significant network marketing business, rejection is a door you’ll need to boldly walk through multiple times.Low risk, low reward. High risk, high reward. You can’t get a yes without asking a question that could be answered with a no. The good news is that it’s a marathon. As long as you don’t quit taking action, you’ll get to the finish line.
However, if you’re not mentally prepared for people to tell you no, the first few might scare you off for good. It comes with the package. Just like you can’t get the thrill of skydiving without actually jumping out of a perfectly good airplane.
Tip #10: You’re Not a Dancing Monkey
This is one of my favorite network marketing tips because it has a fun (tip #5) video to go with it. This is to remind you that you don’t need to do a dance and try to convince people to join you.If people are being overly negative or trying to make you convince them, that’s them trying to get you to dance.
In fact, the harder you try to convince, the more unconvincing you become. You’re better off when somebody is trying to get you to dance to pull away. End the conversation. Say something like “I don’t think this is the right fit for you” and change the topic.
This is a power move. It positions you as confident (even if you’re not) instead of desperate.
There are two times you may be a little tempted to dance.
1) When you’re desperate to sponsor somebody
2) When you have put the person you’re talking to on a pedestal in your mind. You see them as successful and think if they get involved your business growth will be unstoppable.
Forget it. First, desperate actions just project your desperation. Secondly, just because somebody has the skills and contacts to build an organization quickly, doesn’t mean they will.
Tip #11: Don’t Cultivate Seeds of Doubt
We all have doubt about various things in our life. There’s a difference between having doubt and entertaining doubt. If you’re constantly thinking (or saying) that you won’t be able to accomplish what you want inside of your network marketing organization, then you won’t.When you catch yourself doubting, take immediate action. Use that doubt as a trigger for action.
You can’t think doubt away. Sure, you can read or watch something motivational hoping you feel inspired. But that could turn into a cycle of constantly battling doubt and never taking action.
The best tip for defeating doubt is to quickly take action toward building a massive organization.
Tip #12: Focus on Controlling Activity
(Not Results and Outcomes)
This is huge! This is the one thing that will determine your results.You don’t have direct control over results and outcomes. You can’t dictate who becomes a distributor or customer. You can’t control what others do once they are involved.
But you do have complete control of your own personal activity. If you focus on activity, the results and outcomes will take care of themselves. But if you focus on results and constantly look at them, you’ll be frustrated.
Focus on monitoring and being consistent with your activity, which leads me to the next tip which will explain what activity you should be focusing on.
Tip #13: Take Consistent Action
(Prospect Everyday)
In my first network marketing company, I wasn’t very good at
prospecting. I didn’t do enough of it and I certainly wasn’t very good
at it, especially in the beginning.But as Tony Robbins says, repetition is the mother of learning. If you do something enough and are working to improve, you will get better.
Be a student of prospecting and marketing.
Skill grows in direct proportion to experience. At the end of five years, you should have 5 years of experience, not 1 year of experience five times (yeah, you may want to read that one again).
Everyday means everyday. The best thing you can do is prospect every single day. It should be a habit. You do it whether you feel like it or not. Don’t set yourself up for failure.
If it scares you, treat it like a good training program. Start with 1 prospect a day for a week. The next week prospect 2 per day. Then 3 and try to work yourself up to at least five a day. More prospecting is obviously better and will also be faster.
Don’t worry about the results, just focus on hitting your numbers.
In this day and age you really have no excuse for not doing this. If you get home at midnight, you can log into Facebook and prospect a few if you need to. There is always somebody awake somewhere.
If you prospect 5 people a day, (even you take the weekends off) you’ll be prospecting 25 people a week and 100 people a month.
There are few people who consistently prospect 100 people a month. Even if you only close 1% you’ll be enrolling at least 1 person a month as a customer or business builder. Some of them will follow your lead and your business will grow.
If you want to go faster, continue to increase the number and/or work on your skill. What if you got 2-3%? What if you hit 4%, that would be roughly a person a week.
Tip #14: SPAM is a Four Letter Word
(Don’t Oversell and Over-hype)
I see it on social media all the time. People vomiting up their
opportunity on unsuspecting people. Spam doesn’t work, even if you have
tons of it out there in the marketplace. But the internet isn’t the only
place people spam.Anytime you’re communicating with somebody and you’re overselling or over hyping, you are coming off as spammy. Even a prospect who may have been interested will be uninterested if you use spam type language. It will push them away.
Be genuine and authentic. If you’re unnaturally forcing the direction of a conversation, that comes off as spammy too. It’s best to just toss out a little bait nonchalantly and if a person nibbles on it, ease into the conversation.
One of the best tips in this area is something I learned from Ray Higdon. It’s called a break in the conversation. It would sound like this “listen, I gotta run but I’m just curious… would you be open to a side project if it didn’t interfere with what you’re currently doing?”
That’s it. If they say, “no, not really”, then you’re done. Say “no problem, I’ll talk to you later” and you can exit. This is great because you already established that you’ve got to run. It’s not suddenly weird that you’ve got to leave because you prefaced it with “I gotta run”.
It’s also not you spewing your spammy message on them, which would sound more like “Listen, I’ve got a fantastic opportunity I want to run by you. I’m so excited and I’m so glad I ran into you. We can make a ton of money, it’s ridiculous how much money we can make! When can we get together so you can take a look at it?”
I wouldn’t recommend that approach.
Tip #15: Momentum is Practically Unstoppable (Find The Tipping Point)
A force in motion tends to stay in motion. When momentum shows up it’s a wonderful thing. The best momentum tip I can give you is to create an atmosphere conducive to creating momentum. That atmosphere is a healthy, growing organization.Get into the habits needed to grow your business and at some point you’ll hit the tipping point. When that happens, the speed and velocity of your business growth will increase exponentially as momentum takes over.
As long as you continue to do the basics (prospecting and sponsoring), you will add fuel to the fire and keep momentum going for a long time.
In a binary compensation plan, which is what we like to work with, you have two teams. They are only connected by you, the growth that happens on each team is independent of each other. Momentum is why one team always grows faster.
Rarely, if ever, does momentum hit both teams at the same time or at the same intensity. So when momentum hits a leg of your organization, it will take off like a rocket and surpass the other leg.
Momentum is a fantastic thing in a binary compensation plan because once it hits, half your work is now done. All you have to do at that point is create volume in the other leg.
Tip #16 – Be a Master Marketer
A large part of network marketing is “marketing”. The word is in the title. Don’t forget that. Whether you’re on social media or online, there is a marketing component. Learn the basics of marketing and understand what’s effective and ineffective.Strategies are great, but you should be studying marketing in general as an overarching concept. I can’t emphasize enough the importance of you understanding concepts of good marketing, ad copy, copywriting, etc.
If you understand basic and fundamental marketing concepts, you can implement them anywhere you decide to market.
You’d be surprised how much time I spent working on the headline for this article. I needed it to be capable of ranking for certain words to satisfy the google algorithm.
But I also needed to satisfy the human element because if you don’t click on it, I’m toast. Besides, clicking is also an indicator to google that people find value in the article. No clicks- poor google rankings.
On a side note, if you’re just starting out, I would keep your company name close to your chest. Creating curiosity helps draw people in and gives you an opportunity to talk to people about what you’re doing.
Throwing your business name out there and saying you’re looking for partners is not effective from a marketing standpoint or any standpoint that I know of.
Tip #17: Positioning is Your Friend
When your talking with somebody, you must master positioning. Be able to position yourself to communicate from a place of confidence and power, not weakness.Desperation is weakness. Begging is weakness. Trying to convince is weakness. Chasing, pestering, and bugging is weakness. Don’t do these things.
Instead, be confident. The best thing is to not care about the outcome. That one simple idea will help you be more confident. Take an attitude that you are sorting through people, looking for those who are open to what you have to offer.
If you were prospecting gold, you wouldn’t find a rock and try to make it a piece of gold. You’d discard it and move on. Take that same attitude when talking to prospects and your demeanor will change.
You’ll be perceived as more confident and stronger. Your message will be better received. You’ll save energy because you will be giving permission to yourself to walk away.
Ending a prospecting conversation (nicely but firmly) and walking away has a similar effect as it does on a used car lot. Sometimes (not always), it can change the makeup of the conversation.
Tip #18: A Tactical Lesson in Negotiating
(Pawn Stars Style)
I’m a fan of Pawn Stars. If you’ve never seen the show, it’s a reality show that follows the business of a pawn shop in Vegas.Occasionally, somebody will come in and want way more for their item than the owner (Rick) is willing to give.
For example, let’s say somebody wants $1000 for an item Rick thinks is worth $100. He’ll simply say something like “look, I’ll give you a hundred bucks for it.”
They’ll try to get him to come up and he’ll say “no, I’ll give you a hundred bucks” or he’ll say, “it looks like we’re just too far apart. Thanks for coming in” and hold out his hand to shake.
The lesson here for the network marketing professional is to control the negotiation or conversation. This is related to tip 17 (positioning) and tip 10 (no dancing like a monkey).
When you’re talking with somebody, they may want you to stop everything and give them all the information right then. Don’t do it, it gives up your power. Just say, “no, I can send you a video” (or whatever system you have in place).
Getting your prospect to follow through the funnel or system in the way you require is a form of negotiation. Even if you’re certain they’ll sign up you should follow the process with them. One reason is because if a person is a sure sign up, losing your positioning can lose the close.
Also, controlling this negotiation (leading them through your process) is critical because you’re teaching them by example exactly how to handle similar situations when they become a team member.
Tip #19: Don’t Underestimate People or Yourself
This is crucial. You never know what somebody is capable of. You never know where a person is at and since skill is important but taking action is more important, you never know what somebody will do.If I had to choose between somebody with little to no skill who will prospect 200 people a month and commit to getting better or a person who is quite skilled but won’t talk to anybody, I’d take the worker. Every. Single. Time.
But therein lies the catch. You have no idea what somebody will do. You don’t know what they’re capable of or the capabilities of who they know.
I once enrolled a distributor who I initially thought wouldn’t be interested and if they were I didn’t think they’d do very well. It turns out, this young man had an aunt who built her fortune and retired from network marketing. So nobody could tell him it didn’t work, his belief in the industry was already sealed.
Never underestimate people.
Tip #20: Don’t Bet on a Losing Racehorse
This tip is all about guarding your time. Your time is valuable. People should earn your time. Don’t waste time with non-producers. I know this can be hard in the beginning but it’s an important lesson to learn.Sometimes you want it more for somebody than they want it for themselves. Talking them into caring is not going to happen.
Hear me now. I’m not saying don’t support your people. You can and absolutely should be guiding them. But you’ve got to be careful not to enable inactivity.
Answer questions quick. Give people activity based direction.
If they have a question, point them to the answer. You don’t want their solution to be to call you unless it’s something they really couldn’t figure out on their own. That sounds harsh, but you should be developing leaders. A leader doesn’t lean on everybody around them, they take initiative and lead.
When I joined my current company, I told my upline I wouldn’t be calling him much but it doesn’t mean I’m not working. It means he shouldn’t have to hold my hand. I’m a big boy.
This time killer I learned in my former company but it took me longer than I should have to learn it. I was young and full of energy. I was naive. I thought everybody was as driven as me. When they said they were having trouble, it really didn’t dawn on me that it was because they weren’t doing the work.
Somebody in my downline would ask me to do a home meeting. Somebody who had no results. So I would set it up and come out and if I was lucky they would have a person there.
I was young and excited, but needy. So I would set up the next one (even if they didn’t have anybody in attendance). Big mistake, big waste of time. Not anymore. Here’s a better response.
“I’d love to do a meeting for you. Go hit X rank (whatever you want them to hit) and I’ll come do a home meeting for your team.” That response will position you better and also leave them with two options- do the work or don’t.
Tip #21: Engage your Prospect and Team with Questions
Great teachers, leaders, and salespeople ask great questions. Questions engage a person’s mind and good questions help cut through the noise.Maybe you ask a prospect why they agreed to look at a presentation to begin with. What were they looking for? This opens an authentic dialogue that can help move them closer to a decision.
Here’s a fantastic question for a team member who says they are having a hard time “getting people”. First, pause for dramatic effect (act like you’re thinking), then say “Let me ask you this, how many people did you show the presentation to in the last week?”.
If they squirm or don’t really know, it usually means none. That’s where you start.
Tip #22: Conduct Yourself like a Professional
You are a professional network marketer. Be sure to conduct yourself like a professional. Professionals don’t whine because people don’t want their service. They offer value and customers take it or they don’t.If they don’t have enough customers they work harder, market more, or change their strategy. If you’re part of a network marketing company, you have an opportunity to create a highly profitable business.
Ideally, you want to attract other professionals. If you aren’t conducting yourself as a professional, those in the professional community won’t want to be part of what you’re doing.
So always conduct yourself like a professional. Treat people right, don’t be spammy, and when a conversation ends be sure to leave it in a way that doesn’t make the person want to avoid you the next time they see you.
Yup, things just got real.
Tip #23: Get Out of Your Head
Dreaming happens in your head. Actual business growth happens through grinding it out.If you can’t stop worrying about what a person will say or theorizing about every direction the conversation might go, you’ll never build a profitable network marketing business.
When you spend too much time swimming in your thoughts you get paralysis by analysis. Doubt creeps in. Fear creeps in. “what if’s…” creep in.
Take action in spite of your thoughts. Taking consistent action is the only way to get out of your head and moving in the right direction.
Tip #24: Forget About Perfection, It’s a Ghost.
If you demand perfection or nothing, you get nothing. Every time.You will never be perfect. True story. Nobody is. Perfection is the enemy of success. Look at the Iphone for example. How many reiterations and new models have they had? I’m not sure but I know it’s a lot.
My guess would be that some of those models were rolled out before they were deemed “perfect”. They were rolled out because the deadline had arrived when they were supposed to be rolled out.
Creating content like this is a great example of this concept. I try not to go back and read older blog posts.
I write. I edit. I publish. Period.
Otherwise I could spend an eternity second guessing myself or adding/deleting content. This post is a great example. Some of the titles for these tips were not exactly as I wanted them.
But it’s currently 1:14 AM and I’m determined to finish the rough draft of this content tonight so I can edit it tomorrow and get it published.
Forget about perfection, it’s a ghost. It doesn’t exist.
Tip #25: Celebrate Incremental Success
Always celebrate your victories and also the successes of your team members. This is especially true in the beginning. If you sponsored somebody and they sponsored their first person, make a big deal about it. People yearn for recognition and most people rarely get it in their jobs.Your company probably has recognition for certain ranks, but you should have some too. Whether it is certificates or pins or simply hand written notes. Get creative but be sure to celebrate successes, even the small ones.
For yourself, celebrate the success of taking action. If there’s one thing I keep harping on it’s the importance of consistent activity. If you hit your numbers for the week, even if nobody joined or became a customer, that’s a success. Treat it like one.
Tip #26: Recognize Your Power Players
This tip is one level above celebrating small successes. If you continue to grow your business a power player will show up. They may enroll more people, get more customers, and rank advance faster than you.If that happens, don’t be insecure and weird about it. Conduct yourself as a professional and as a leader. Reach out to them. Recognize them. Build rapport with them.
This goes for anybody on your team, not just those you personally enroll. My upline reached out to me and built a relationship. When we (my wife and I) decided to reenter the industry there was only one couple we would work with and that was he and his wife.
Had he not built that relationship and recognized my hard work in the previous company, he would have never had me on his team now. Heck, we wouldn’t even know each other.
Now I’m committed to making him more money than anybody on his team. I take pride in that and it motivates me because he’s a friend. I feel excited to think I can help increase the abundance in his life by simply building my business.
There’s no other industry like network marketing!
Tip #27: Be the Person You Want to Recruit
The speed of the leader creates the speed of the pack. Unfortunately, people usually come into network marketing under misinformation, looking for easy money. You can make lots of money, but not easy money.I saved the best network marketing tip for last. Instead of trying to find a person who will give you fast success, become the person you’re looking for.
Do everything you wish the perfect recruit would do. Prospect more. Be bold. Be fearless. Being the network marketing leader you want to recruit will grow your business faster and also increase your chances of finding another solid leader exponentially.
There you have it, the best network marketing tips for success in the industry.
The fact that you’re learning these skills means that you want to build a profitable home based business.
If you’re looking for a team to call family, consider the benefits of joining up with a team that will help build half your organization for you by utilizing the power of the internet.
If that makes sense to you, feel free to contact us and see if we’d be a good fit for each other.
Join DXN Now and Tell The World …
… Before The World Tells You!
Would You Like to Learn More About a Business Opportunity that Has The Potential to Replace Your Current Working Income Without Quitting Your Job?
Sipping at
the well of success. You really ought to try it, either full-time or
over weekends. We have a great business opportunity. You can run it from
home full time or part time, or any combination.
No comments:
Post a Comment