Think I’m crazy? Actually I’m awesome and smart, and so are you. What separates you from me is that I know when something smells fishy.
In network marketing there is this notion you need to sign up a TON of people yourself but the reality is that in most MLM’s you don’t have to personally recruit 150 people to make good money – it’s called duplication, the single most important thing in any MLM, period.
That’s right, I said it. When you are building a team in your MLM there will be “duds and studs”.
A dud is someone who joins the business under you excited, motivated, pumped up. They spend some time learning more detailed information and getting knowledgeable…and eventually getting out there to build the business. However…they spend a month or two “trying” (just talking to people when it’s convenient) with little to no success. They begin to ask you for help, for advice. You provide them some tips and tricks spending a couple hours of your time assisting them, great! That dud goes out re-energized, ready to take on the world…and PLOP…nothing to show for their “work”. Then they come back to you asking “why can’t I make this work?” and similar questions. This is the type of person in your organization that makes you little to NO money. They can suck out a ton of time from you but it doesn’t grow your business. This is a situation where you need to prioritize with people who ARE growing.
There are also the “studs” who take need only a small (if any) amount of help from you. These are the people that are go-getters, passionate and driven to succeed. They’ll do whatever it takes to grow their business without nagging you every week or few days.
You’re team is going to be made of both of these types of individuals BUT YOU need to dedicate time to the people who are growing your team. It’s tempting to let anyone join directly through you but can you give each person the time they might need? It’s impossible and unproductive. This does NOT make the best use of your time, unfortunately.
At some point you need to look in the mirror and say “I am looking for quality entrepreneurs – studs, not duds.” It’s OKAY to say “Get lost” (although I wouldn’t use THOSE two words) after you’ve got some basic questions answered from the prospect.
Are they afraid to invest money? WILL they put at least an hour a day towards the business? WILL they dedicate 2 years to build a team? Are they coach-able, trainable and duplicatable? WILL they follow instructions?
Please notice I said “Will” not “Can”. We all CAN do it but that doesn’t mean diddly squat. Ability verse action – keep that in mind.
So…don’t be afraid to say No. You want a strong, passionate team who is absolutely on board for themselves and your team (and their team).
I’m always looking for these people, and only these people. It doesn’t matter if I personally bring in 50 duds. If I bring in 10 studs, my business will flourish in comparison…same goes for you.
Are you a stud? Ready to do something great? Will you be a leader? You don’t have to have the experience because it’s really not hard in the right network marketing business.
….and if you’re looking for a network marketing business, tired of being burned…send me an email or use my contact form. Let’s talk – no catch or strings attached.
You have a powerful vehicle in front of you. No, I’m not talking about a four-wheel type but rather the world wide wide. Blogs, videos, forums, articles, and so on.
There are thousands of people who join a home-based business or network marketing business every year. Many people simply want a side income while some people want to work the business as a full-time income. Whatever your interest level may be, it doesn’t make a difference. What DOES make a difference is your time and attitude.
Many years ago when I first got into network marketing it was simply because I wanted to make money. Now of course the majority of people want to make money in their business – kind of silly to think otherwise. My drive was to make a bunch of money even though I didn’t really know what a “business” was at the time. My mind was focused on the wrong thing. I was not seeing the overall picture of the situation.
At the time I was in college, trying to get through classes I really didn’t want to attend, doing homework I wasn’t excited to do, etc.. But when I could, I spent time advertising (probably spamming), calling cold leads, emailing people that I had networked with, and so on. While I was doing that my mind was in the game of “Come on, I want to make some money!” and “Dude…please buy this stuff so I can get paid!”.
The unfortunate side to it all is that…it really didn’t work out too well. I made a few sales but I worked FAR more than I should have for the results I got. It wasn’t the products (directly) nor that I wasn’t spending enough time (that’s for sure). It was me, and partially the training I had been through…if it can be considered training.
Please please please…before you jump into a home-based business or network marketing business, ask yourself these following questions:
- Do you want a full-time, part-time or passive income?
- Will you dedicate 2, 4, 8, 12 or more hours a week?
- Would this be a business or a hobby for you?
Those are three simple questions you need to know your answers to BEFORE you start. Why? It’s important to plan ahead, not to fool yourself into thinking “I want to have a business too!” when in you’re only fooling yourself.
People who really build a network marketing business well spend 3 to 4+ hours a day doing so, and for many people it’s hard to get 30 minutes to themselves just to relax after a long day at their job.
So…my question to you is…are you interested in a business or is your goal just to try making some extra money? A business takes work, lots of it. You need to provide support to your customers and to your team members/organization. You will want to constantly be building leads, finding new customers and new distributors. It may involve some light traveling and even attending corporate events. You may also want to attend house parties or organize meetings.You see? These are things you should be thinking about.
Building a home-based business doesn’t happen over night. It may take you a few months before you have more than a dozen new members or you could be very successful and grow at 20 new members a month – both are very possible situations.
Be realistic with yourself. Get excited but don’t think that by joining a business you will suddenly make a bunch of money with little work – it simply doesn’t happen like you may believe.
Questions? Ask me and I’d be glad to help you out.
Giving it All I Can
The entrepreneur gene runs through my blood. It is not something you can acquire; you are born with it. This blog is meant to share my experiences, opinions, help and advice. You may or may not agree, but that is what makes us individuals. Make a difference for one person and you can help the world. Inspire to take action, Live with the glass half-full, Give life all you can. - Matt Koshko
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