09/18/2012

Only 3 Secrets to Financial Success in MLM?

How to make a financial success with Network Marketing in 3 Easy Steps

Work for Home Income with Network MarketingFinancial Success in MLM is simpler than it looks, really.

1. Instead of butting your head up against the wall, just quit doing what doesn't produce the expected results. (Your head will thank you.) And start using what really works.

2. You need to build your own list of people who want to find out about Network Marketing.

3. And you want to offer them affordable informational products and services which will improve their quality of life.

Let's examine these more closely...

First, quit doing what doesn't work and start doing what does. 97% of all MLM operations don't work. The bottom rung don't make enough to even turn a profit - so the bulk of the work is in recruiting new sponsors constantly. If you've been in any MLM program, you've seen this for yourself.

So take a break. You need to find some mentors and listen to them.

As much as I may sound like a broken record, I simply tell you to check out Mike Dillard and his Magnetic Sponsoring. He's been there, done that. Started as a dead-broke college graduate (fit all his belongings into the back of a small pickup truck) and after he figured it out, he went from a part-time waiter job to over a million dollars in 18 months. Then packaged up what he knew and started teaching people his secrets.

The other Mentor I'd recommend is T. Harv Eker. Similar to Mike, he had a string of failures with business until he got one piece of advice from one of his parent's rich friends which changed his life (he was back living at home at the time). Borrowing $2,000 on a credit card, he built a business which he sold a majority interest in for $1.6 million after just 2 1/2 years. Then "retired" to San Diego with his hefty residuals and started consulting and teaching what he knew.

Get these guys materials, study them up. Make them part of your life.

Second, start building a list. This is the core of your actual business these days - always has been, in fact. When a company closes, their list of customers is usually worth more than the building or equipment in it.

If you have a list, you have a business. If your MLM closes down or terminates your contract, you don't have anything. (Any MLM by itself is just another J-O-B.)

With your own list, you can simply join up with another MLM opportunity and promote directly to the people who already know and trust you. Same with your downline. If you get "fired" from your MLM, then offer your whole downline a new opportunity via your list.

Third, to build that list, you need to continually offer them useful material and content which will help them improve their lives. Of course, you offer this on a basis that 1) they'll be able to afford, and 2) that they'll pay you for it. So you start out with lots of free and valuable information. Then offer a low-cost product which is tremendously under-priced. Gradually, you offer them higher-priced items which have a lot more very valuable information in them.

And if you play your cards right, they will ultimately call you about joining whatever MLM opportunity you are part of. Meanwhile, all your marketing is not only paying for itself, but is giving you a tidy passive income.

Now, the easiest way to do these 3 steps above are to belong to some online scene which will help you set all this up for yourself. And for that, I recommend MLM RockStars. Reason being is that they take what Dillard lays out, but provide you a much better backend and training. You then are able to set up your list, etc. while you are getting leads which are generating income for you meanwhile.

This is much better than your usual MLM lead-chasing. You'll start earning income right off, and are able to train your downlines exactly how to get leads and sponsors - just like you do: almost effortlessly.

Take these 3 easy steps to make your financial success online - and save your head for something useful, like thinking.

Related Articles:

 

How to Make MLM a Best Home Based Business

There are secrets to making money online with MLM as your home based business model. It's called the Funded Proposal and its easily ...

How to get MLM Network Marketing to Work for You

The failure of most MLM Network Marketing operations is that they rely on word of mouth and haven't moved into Internet Marketing. Funded ...

Can one secret explain why some strike it rich with a network ...

The One Secret Behind True Wealth in any Home Business Start-up in Network Marketing · Your success depends on your applying the truths ...

2 Millionaire Mentors to Follow for MLM Network Marketing Success

To make and keep your millions, you have to follow these 2 millionaire mentors who are sharing their own success tips and tricks. Learn from ...

How to Go Broke Trying to Generate Leads in MLM Marketing

The failure of most uplines to train their sponsors in how to generate leads is the quickest way to get them broke and run off. Most uplines are ...

Avoid the Train Wreck of MLM Network Marketing

The home-business train wreck of MLM is avoidable. You have to study getting leads (Magnetic Sponsoring) and quickly building a business ...

3 Ways MLM Network Marketing Earns You Money From Home

It's not actually hard to earn money from any MLM Network Opportunity as a home-based business - but you have to know these 3 ways to go ...

Related Links:

 

Sep 18, 2012 4:04:42 AM

The comments to this entry are closed.

NEXT POST
Network Marketers: Fire Your Uplines, Start Making Real Money Online Why I Fired My Network Marketing Uplines - All of them. I fired them because I was only "points" to them. They weren't effectively helping me become successful - because they also didn't know what they were doing. Sorry if they read this, but it's true. Like you, I saw a lot of sense in being able to work from home and put in your own hours, to be able to work around the needs of your family and, frankly, whatever you personally felt like doing that day. My uplines - and all that great company promotional stuff - weren't helping me succeed... You've seen all these ads for making more money, great comp plans, and high-quality products which "mostly sell themselves". Of course, it was bunk to me. Like Mike Dillard says - go ahead and get $10,000 worth of your MLM products delivered to your driveway, then get out a lawn chair to watch it. After a couple of hours - what has it done for you personally? Did it make you any money? What did it do? Nothing. Take all your company literature and put it on top. Did that make any difference? Did it help you personally with improving your life? Nope. Look, the hidden secret with all Network Marketing opportunities is that you are going to gain something, you are going to learn something, there's going to be some personal development in this for you. The money is just a symbol - it measures progress. Ask yourself some questions: Are you...
PREVIOUS POST
The 3 Skilsets Online and Network Marketing Success Needs 3 Skilsets any Online or Network Marketer Needs for Success With all my work in and around Online and Network Marketing for the last decade, working to figure out how to make money online, I still haven't found anyone who would put it all in one place. Mostly, it quickly ramps up to some really unaffordable stuff that people will buy just to listen to once, or just put on their shelf. But since I'm serious about actually making money online, I'm working this out for myself, but posting it for everyone to see and use. Nearly there, actually, but I have to build up some more backend so anyone could follow a path and sequence to achieve real independence starting from scratch. And in a couple of months, I hope to have everything laid out just fine. The 3 skillsets needed (as a minimum) are: 1. Leadership 2. Marketing Skills 3. Business Building In Leadership, a person needs to be certain about his own capabilities and know enough about inter-relationships that he can coach others to greater success. In sharing my research with you all these many years, I've published a string of books which lay out the system this unverse runs on. And out of this, you'll have the basics of personal certainty. You can find these under the Go Thunk Yourself series, at my Lulu.com bookstore. Now, there is a little more to this when you are being a leader, but not all that much. And I have a book in the works...