Four Reasons for Choosing Network Marketing
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Network marketing provides opportunities to start a business with minimal capital and leverage other people's time to generate passive income. Successful individuals in network marketing receive hands-on training and support from their uplines. They then train and coach their downlines by teaching skills like prospecting, presentations, and goal setting. By helping their teams improve, network marketers can see their businesses and incomes grow substantially over time through leveraged team efforts.
Four Reasons for Choosing Network Marketing
- 1. Is networking the right business for you? Are you on the fen your own organization? Or do you need some very good rea skeptical friends? Let me share some tidbits that c
- 2. 1. Network Marketing is a Ready-to-start Business – And a g direct selling industry accounts for at least $100 Billion in wo expected to grow by 13% until 2018. So imagine what it wo even .01% share of that money. But potential income is only
- 3. Consider all the elements you need to bring together to star business:
- 4. • Capital
- 5. • Employees
- 7. • Location and Equipment
- 8. • Products
- 9. • Training
- 11. Pretty daunting, isn’t it?
- 12. In network marketing, you do away with having employees location. The product already exists, there’s a business system get training as well. The only thing you need to provide to ge which compared to the amount you need to cough up for a tr is very minimal.
- 13. Imagine how many thousands of dollars you would have to big-time franchise. Then imagine how many man-hours you setting things up. Then imagine how many months—or yes, y to get a return on your investment, if at all
- 14. Finally, imagine if all of that has been set up for you, and all buy in with a minimal fee and get to work. That’s how yo appreciation of the network marketing syste
- 15. 2. Network Marketing provides Leveraged Income – When y job or profession—doesn’t matter if you’re a janitor or a CEO known as linear income. That means you trade your time fo turn means if you don’t work, you don’t get p
- 16. There’s nothing wrong with linear income, nothing wrong regular paycheck each month. You don’t have to leave you want to. Just recognize that kind of income for what it is—lim the amount of time you have, the skills you’ve got, and your All of which shrink as you approach the age for rocking chai homes.
- 17. Leveraged income is a totally different ballgame. Instead of for money, you leverage other people’s time. That means tha not working, others will be, giving you passive in
- 18. As your network grows, your income grows too, and there wherein you trade little time, but earn a ridiculous amount the power of leveraged income.
- 19. 3. You get hands-on Training – Often for free. That’s becaus network realize that the only way they can make money is i are making money too. And so they’ll offer to train you, supp you along until you’re ready to do the same for your o
- 20. It’s also likely that your organization will provide other ki material, or point you to books that provide advanced learnin be coachable, and be willing to apply what you’ve learned t business.
- 21. You don’t need an MBA, you don’t need to have a degree. Yo willing to learn.
- 22. 4. People are your Resource – Never forget, networking is people. In this world, land, energy and commodities are lim more expensive each year. But people—people are an eve resource. Even if you run out of names to invite, how many p your down-lines know? How many people do these other pe many people will you eventually get to know in a few
- 23. If you invest in people, can you imagine how many generatio expand through?
- 24. These are four very good reasons to get into the netwo industry, but the most important reason of all isn’t any of t come from you. It comes down to a personal choice—bu choice, whatever it is, will go a long way into convincing othe your lead.
- 25. Still need help? Okay, one last thing. Think of the most impo want to achieve. Now ask yourself, will having your own ne business, with its potential income and the people it’ll attrac that dream? Yes or no?
- 26. Now, choose.
- 27. Now that you have a downline of your own, it’s your job to team won’t automatically know what to do, even with a beg in their hands. It’s up to you to coach them into becoming business owners they aim to be.
- 28. Training
- 29. Successful network marketing is always a team effort. For yo be successful, they must possess the same skills you learne upline. That means a lot of training!
- 30. Initially, you’ll want your downline to know these b
- 31. • Building a prospect list
- 32. o Teach them to make a list of a hundred or more people the their contact numbers. The longer the list, the b
- 33. o Have them order these people according to priority (e dependents, those with influence, those that are easy t
- 34. • Approaching and inviting prospects
- 35. o How to do phone invitations
- 36. o Different ways of approaching a person face-to
- 37. • Presenting the business and its products
- 38. o How to use visual aids and marketing mate
- 39. o Knowledge of all products and services
- 40. o Knowledge of the business system
- 41. • Closing a prospect
- 43. o Asking for the business
- 44. o Asking for referrals
- 45. Showing, not telling, is the best way to teach a skill. Let your invite, present, and close. Let them sit in on your meetings. S for simulating invitations and presentations. Then, let presentations and give them feedback on what worked and better.
- 46. Monitoring
- 47. Always begin with the end in mind—that is, set a concrete, re the only real way to tell if you’re getting anywhere with
- 48. Goal + Plan + Action = Results
- 49. Start by setting a target for your team to reach. If some of declare that they want to have X amount of income in Y nu then you must work with them to formulate a plan on how example, it may translate to contacting ten people and prese a week for a period of two months.
- 50. Once you have the plan in place, touch base with your active once or twice a week to make sure they are following their their performance and see if they hit their targets. It’s best if them face-to-face on the first few weeks of working
- 51. Giving Feedback
- 52. It’s not enough to monitor your downlines progress—part of them feedback on their performance, to keep them on track things:
- 53. • Acknowledging their efforts and successe
- 54. • Coaching and motivating them when their performanc
- 55. It helps to continually focus on the goal. If your team gets dis longer following their plan, remind them of their commitme and the purpose of working their business. If, on the other been exceeding their targets, be sure to acknowledge their ef that they are that much closer to achieving their
- 56. Remember that your business partners are not machines. Lik need to be motivated and to feel that they’re not swimming current. Do your best to bring up their mora
- 58. Once your team has achieved their primary goals, congratu encourage them to set higher ones. If they are doing five bu why not ten? If they are closing one person a week, why not two?
- 59. Continuous improvement is the key to any successful bus attitude of: “I did well; can I do better?” After all, all your te dreams: a mansion by the sea, a brand new sports car, a mo wealthy retirement, a lasting legacy, and so on. They won’t r settle for easy mediocre goals. They must be committed to s
- 60. It’s up to you to encourage them to reach higher, so contin targets for your business partners. Sitting on your laurels o
- 61. Teach them how to teach others
- 62. Now that your downline knows the very basics of your busin on their own, your final task is to teach them the more adva is, everything we just talked about! They must all kn train, monitor, encourage, and coach their own recruits. Afte goal is to duplicate yourself, so that you can leverage other talents. Soon they’ll be leading their own groups, and they’ll to manage them the way you did. Show them h
- 63. In network marketing, your team is your greatest asset, and t comfortable, stress-free future. Nurture them well and wat grow by leaps and bounds.
- 64. Keith Scheafer a Fulltime at Home Entreprene
- 66. He has 13 years Experience and has put over 1
- 67. people in business Personally for themselve
- 68. Check out Keith's Company at:
- 70. Keith Scheafer
- 71. 1.888.773.5525 (24/7) 2-Min Message