Six Barriers To Financial Success In Your Network Marketing Business
You hear about a network marketing business. You would like to have the freedom, flexibility and the ocean of wealth that seems to be possible. Maybe you remember joining one before. Maybe you remember getting discouraged because the business had not grown.
You do not know if it is the business that did not work or if it did not work for you. There are a lot of reasons why network marketers are not successful. Most entrepreneurs do not get rich overnight if the truth is known, The failure rate among those who do MLM or network marketing businesses as a home-based business, may be at a rate that is that similar to that of real estate agents, insurance agents, and other people in business for themselves.
Who Really Is Your Mlm Target Market-choosing The Right Individuals For Your Downline
Should you get anyone and everyone to join your mlm downline? Will it work out for you in the end by shear numbers that you will grow a massive business with residual income by signing up everybody and their cousin. The answer is emphatically NO, and not without the proper training.
Don’t just signup in your mlm anyone willing and able to join. This will eventually lead to a long list of signups, and a short list of active downline members. Remember, you only, repeat only want those that will duplicate your successful efforts.
Direct Sales Recruiting - Listen With The Intent To Understand
I recently sat at my desk listening to a recorded conference call by Dr. Ellie Drake, another network marketing professional. It was an effective teleconference about developing listening skills and learning to connect to people with ease. The crux of the training call was the art of empathic listening.
Empathic listening requires you to ask a question and WAIT for the answer. But while you’re waiting, you’re LISTENING with the intent to understand, not with the intention of replying. Did you catch that? Listen with the intent to understand. Don’t listen with the intent to reply. This means not thinking about what you want to say while your prospect is talking. It means to really focus on the words they are saying and what is going on in their mind. Without judging. Listen to their words, watch their body language, and focus on the speaker completely.
Become A Strong Leader
What is a leader? Or should I ask, what is a strong or good leader? A strong or good leader is a vibrant person who is a people magnet. In other words, people are drawn to individuals who have the personal package of confidence; love for people; desire to help people; knowledgeable; problem-solver; being an intelligent risk taker; creative/out of the box thinker; self-motivator; and integrity.
Becoming a good leader requires one to drain him or her of selfishness and jealousy. A leader likes to see others achieve and gives them positive reinforcement. A leader is quick to allocate praise to others. Empower people! A selfish and jealous leader destroys his or her leadership and breeds discontent among team members.
How To Get Your Prospects To Sell Themselves
As network marketers we all know that the ideal way to have a constant flow of prospects is to attract them to us instead of chasing them down. People hate to be sold but they love to buy. What if there was a way to have your prospects sell themselves? In fact there is a way. The secret is :
Don’t Market Products or Opportunities. Market Information.
Mlm Stories - The Life And Death Of A Network Marketer
This is a story about my friend Stan. A brutal divorce had left Stan hurting for money. He had a fairly good job as an accountant with a men’s wear company, but he needed more money fast to deal with marital debts and child care expenses.
A mutual friend told him about this great, new work at home opportunity. Stan was slightly skeptical, but he figured that he was going to have to be open to find something that would allow him to get going quickly and the idea of working from home appealed to him, since that would give him more time with his son.
