So you’re tired of putzing around with your business and you’re ready to get serious and take your business to another level. In this post, I’m going to cover 7 tips you can immediately apply to EXPLODE your MLM business. I’ll also provide an audio recording of a recent conference call I did for My Lead System Pro where I cover these steps.
Click PLAY to watch the video!
Here are SEVEN TIPS that I know will help you on your journey to building a prosperous MLM business:
#1 – Treat Your Business Like A Business – If you treat your business like a business, it will pay you like one. Most people treat their business like a hobby, and that’s why it pays them like a hobby. Now, what do hobbies pay? NOTHING! Treating your business like a business means you have to do the things to build your business EVEN when you don’t feel like it. Most people work their business when they feel like it… when it’s convenient… and that’s why they never build a business.
#2 – Put together a schedule that will allot time for you to build your business – Everything that’s important to you, you make time for. Whether it’s your job, your family, going to the gym, whatever… you make the time to fit it in your day. It has to be the same with your business… because if you don’t schedule and make time for your business, life will get in the way and before you know it a tremendous amount of time will pass and you won’t be where you want to be.
#3 – Become a GOAL SETTER – Make it a habit to set your goals and commit them to paper… and then go a step further and have someone hold you accountable. That’s why it’s important to have a COACH… they keep you in check and push you when you need to be pushed. Now, when it comes to goals, make sure you set SHORT term goals because short term goals motivate you to take action. After you set SHORT term goals, make sure you set LONG term goals… Long term goals give you the ability to stay in the game and overcome the little obstacles that you’ll have every day.
#4 – Invest 95% of your time in activities that make you money – In our industry, the only two things that make you money is sponsoring new reps into your business and selling product to customers. Everything else do on ‘OFF PEAK’ time or delegate to someone else… don’t be afraid to OUTSOURCE stuff that has to get done in your business, so you can invest your time in what really matters… sponsoring and selling…. This leads us to…
#5 – Get good at generating leads – If you can generate targeted leads, you’ll be able to sponsor people and sell products any time you want. Now, some people say the key is to have a BIG list, some people say it’s about having a SMALL list that you have a tight relationship with… I say, build a BIG list AND build a tight relationship with people on your list. Once you drive your leads through a HIGH CONVERTING funnel, you’ll be able to sponsor more people.
#6 – Take Massive Action And OUTPRODUCE everyone on your team – The way you motivate people on your team is to produce and make money. If you’re producing, the right people will step up and duplicate you. Remember, the ONLY thing you can control is YOU, so don’t waste any time trying to get other people to do anything they’re not motivated to do. And last but not leaset…
#7 – Make money up front whether people join your primary business or not – If you can do this, you’ll be able to stay in the game long enough to get results. Remember, most network marketing opportunities are not designed for you to make ‘life-changing-income’ immediately… they’re designed for you to make a RIDICULOUS amount of money and FREEDOM after you’ve built a nice size team of producing leaders. So it just makes sense to leverage funded proposals to make ‘NOW’ money while you build your business. Creating UPFRONT streams of income, from people who join or don’t join your business, will allow you to stay in business long enough for you to build a business.
So there you have it… I just gave you seven tips you can apply to help you build a prosperous business. Make a decision to apply them immediately and you’ll see a big difference in your results!
To Your Success,