How to Start a Conversation With Potential Prospects For Your Network Marketing Business

Do you want to meet new prospects, but you are having challenges starting conversations? Learning how to start a conversation with potential prospects for your network marketing business will allow you to have a limitless supply of new prospects so you can grow your business on demand. Here are three conversation starters that can allow…

Do you want to meet new prospects, but you are having challenges starting conversations? Learning how to start a conversation with potential prospects for your network marketing business will allow you to have a limitless supply of new prospects so you can grow your business on demand.

Here are three conversation starters that can allow you to start talking to people right away:

Ask For Advice or Recommendations

If you are out getting a bite to eat, and you do not know what you want to eat, you can ask someone that has eaten there before and get their opinion. People love to give advice and be helpful so do not be afraid to ask them.

Make a Comment On What's Happening

Let's say that you are out at an event and see someone that you want to talk to. You could come up to them and say “Wow! They knew how to pick the music for this setting. Egypt “The catering company did a great job with these appetizers.”

Ask Open-Ended Questions

If you are going to ask a question to someone, make sure that you ask an open-ended question. If you ask something like “Do you like the mashed potatoes?”, It is likely that you are going to get a yes or no answer. If you changed your question to “What did you think about the potatoes?” the person that you are asking the question to will be able to answer you with more than a yes or a no.

There are plenty of other ways that you can start conversations, but these will get you going. Once you see how easy it is to start conversations with other people, you are going to be a conversation starting genius. Starting conversations will get so natural for you and you will be able to move forward, build your list of phone numbers, email addresses and more as you use these conversation-starting techniques.

Once you have learned how to start conversations with anyone that you want to start them with, you can use this as a foundation to do other things such as public speaking. Public speaking can be another great way to grow your business, make new contacts and grow your authority in your field. Advancing one step at a time is what is important. You do not have to be a speaking great right away to be successful.

How Referrals Can Explode Your Network Marketing Business

As an entrepreneur sometimes we can feel like it is us against the world. Sure, we have our team, but we are solely responsible for our success. If you are tired of feeling like you are on your own, you can build your army of advocates that send you referrals. It's amazing just how referrals…

As an entrepreneur sometimes we can feel like it is us against the world. Sure, we have our team, but we are solely responsible for our success. If you are tired of feeling like you are on your own, you can build your army of advocates that send you referrals. It's amazing just how referrals can explode your network marketing business.

In a standard network marketing business, there are two main ways to generate income. One of those ways is through retail sales, and the other way is through team bonuses. When you build relationships with other people that can send you referrals you expand your reach far beyond yourself.

One of the things people tend to do whenever others give them referrals is to say, “Hey! If you would just join my business, you'd be getting the money that I was getting off this sale. ? ” There is nothing wrong with letting them know this, but if they do not show interest, it is best to leave it right there. If you keep pressing it, people are going to run away and will not send you any more referrals.

Let's just say that you built great relationships with ten people that sent you one referral a month. That would be ten new customers a month or one hundred and twenty new customers a year that you did not have to go out and beat the bushes for! Getting referred is powerful. Let's just say that you were only able to get ten percent of the above example. That is still twelve new customers that year that you did not have to go out and find.

If you want to explode your business through referrals, set up a reward system for people that refer you. Even if it is going to be ten dollars, a gift card, etc. Offering a referral bonus is going to allow you to provide value to the people that are sending you referrals, and they are going to be more likely to remember to refer you. Do not forget that everyone is tuning in to WIIFM (What's In It For Me) radio. There is nothing wrong with rewarding people for sending you business.

How To Build An Effective MLM Network Marketing Team

Tip # 1 – Be an Effective Leader Any strong team needs a highly effective leader. When your team members have questions, you need to either answer them on the fly, or get back to them in a timely manner. Try to attend all of the seminars and training sessions that you can so that…

Tip # 1 – Be an Effective Leader

Any strong team needs a highly effective leader. When your team members have questions, you need to either answer them on the fly, or get back to them in a timely manner. Try to attend all of the seminars and training sessions that you can so that you will have a broad range of knowledge to share with your team members.

Encourage your team members to attend as many events as possible as well, so that they can expand on their knowledge. Setting up a website or a blog is a great way to keep your team informed about conferences and to update them on new products or selling techniques. A FAQ page can help answer a lot of new member's questions.

Tip # 2 – Keep Your Team Motivated

Do not just sign up new members and forget about them. Stay in contact with them and continue to motivate them along the way. You never know when someone needs a little bit of encouragement to keep going. Offering performance based incentives is a great way to keep your team members focused toward their goals.

If they're struggling, take the time to teach them how to improve their sales records. A little bit of one-one-training can go a long way toward improving their success. Give them the tools they need to earn a check fast so they do not get discouraged.

Tip # 3 – Build Relationships Within Your Team

Encourage your team members to build relationships with each other. If some of them live close to each other, offer a regional get together. If you're spread out all over the country or internationally, try having twitter parties. Weekly teleconferences or webinars are a great way to encourage conversation as well.

Tip # 4 – Choose the Right Members and Keep Building

Do not make your team exclusive, but be a little bit selective about the team members you choose. If someone is a connector to join, do not force the issue. You do not want to spend time training and stimulating a team member who has no interest in the business or building their own downline.

Try to select enthusiastic team members who will strive to do their best to recruit new members and generate their own income, so increasing yours. Occidentally, a few lazy members will make their way onto your team, but they will also disappear before long.

Tip # 5 – Do not Be Shy

If you're not enthusiastic and excited when it comes to talking about your business, nobody else is going to be either. Do not be afraid to speak up and talk to people about your business every time you have a chance. Send those follow-up emails, and remind them of all the reasons why they should want to join your team.

Having a successful network marketing business is as easy as building a dynamic team with highly driven individuals. What are you waiting for? Start using these tips to start building your own team today!

Mistakes to Avoid When Building Your Network Marketing Opportunity

There are some common mistakes to avoid when building your network marketing opportunity. If you can learn from the mistakes of others instead of having to go through it yourself, you can decrease your learning curve. Just a few simple course corrections can set you on the path to success instead of failure and you…

There are some common mistakes to avoid when building your network marketing opportunity. If you can learn from the mistakes of others instead of having to go through it yourself, you can decrease your learning curve. Just a few simple course corrections can set you on the path to success instead of failure and you will be able to achieve your goals and dreams.

  • Chasing Prospects
  • Trying to Convince People
  • Being Rude

One of the worst things you can do for your network marketing business is to chase prospects and try to convince them that your product or opportunity is a good idea for them. While it could be a good idea for them, the timing could be off, or they just might not see it the same way that you do. Instead of chasing people, you should be sifting and sorting. Looking for people that are looking for what you have and then give it to them. If you spend less of your time convincing and chasing, and more of your time finding people that need what you have, you are going to be much happier.

Oftentimes, as a defense mechanism, people become rude and mean when their would-be customers or business partners turn them down. The is a very short sighted approach and should be avoided at all costs. It is important to respect people's choices and always keep it on a positive note with them. Being rude to someone will ruin the relationship and any opportunities that you may have with this person in the future.

Instead of chasing people, trying to convince them and being rude to them, build relationships, educate people and show them kindness. You will build a much better network marketing business, and you will create a much more fulfilling life. Do not get upset if your success does not happen overnight. Anything that is worth having is worth working for until such time that it comes to pass.

Setting Goals In Your Network Marketing Opportunity

Setting goals in your network marketing opportunity is a must if you want to reach your dreams. If you are not setting goals, then you are going to stay stuck right where you are. It does not even take a long time to set goals, but people who have their goals written down almost always…

Setting goals in your network marketing opportunity is a must if you want to reach your dreams. If you are not setting goals, then you are going to stay stuck right where you are. It does not even take a long time to set goals, but people who have their goals written down almost always achieve them. When you set network marketing goals, you are going to be able to bust through rankings much faster than people that do not have their goals in place.

  • Activity Level
  • Sales
  • Recruits
  • Rank Advancement
  • What You Will Help Others Do

It is important to have your numbers recorded so you can check to see if you are on track. You can keep track of how many people you want to talk to each day, how many sales you want to make each day, how many new recruitments you want to have each day, rank advancement you want to reach next, who you want to help advance. You should have either a notepad or a spreadsheet to keep these numbers and track them.

Setting daily goals allows you to stay on track much easier than setting goals for a week or a month. You want to have them as well, but they should go along with your daily goals.

If you track and achieve these goals, you are going to do amazingly. Focus on the process vs. the results, but always have the results there so so that you can know what you are working toward achieving. These things will allow you to begin achieving the success that you desire.

MLM Success Tips: Prospecting and Putting The Odds In Your Favor for MLM Success

Putting The Odds In Your Favor – Commonality Is Crucial Winning Your Prospects' Hearts and Minds When you boil it all down, down-line team-building is you asking someone to join your company and follow your lead. They are making two decisions. 1) Do they see VALUE FOR THEMSELVES in your products, services or opportunity, and…

Putting The Odds In Your Favor – Commonality Is Crucial

Winning Your Prospects' Hearts and Minds

When you boil it all down, down-line team-building is you asking someone to join your company and follow your lead.

They are making two decisions.

1) Do they see VALUE FOR THEMSELVES in your products, services or opportunity, and

2) Do they see YOU as a person who can LEAD them to achieving that VALUE .

These decisions are usually unspoken and often subconscious. Does it “feel” good or right?

If the answer is NO on either one, they are not signing up with you. If this sounds new or strange to you, think back about your own experience. You were making these two gut decisions, were not you?

Did you sense a personal value in the benefits you could achieve through these products, services and opportunity?

Did the person who you joined impress you with his or her knowledge of the subject?

Did the person inspire you with their conviction and passion in the opportunity?

Of course they did or you would not have joined unless you were doing them a big favor.

A large factor in your decision was based on a sense of trust and credibility that you had in them, correct?

Therefore, anything you can do to increase your credibility in your prospect's eyes is good and puts the odds of a positive decision in your favor.

For example, I was once at a meeting when two firemen from different parts of the country were introduced to each other for the first time. They immediately began calling each other “Brother”.

If a policeman, fireman, paramedic or veteran who just returned from war got up and started to speak, would he or she already have a level of credibility in your eyes?

Finding any source of credibility or commonality will increase your odds of winning their hearts and minds.

What To Look For?

Common background: part of the country you are from, school, military, home country, etc.

Common interests: sports, hobbies, religion, politics, entertainment, etc.

Common professional interests: similar current jobs, similar past jobs or careers, members of professional associations, etc.

In Summation:

You want to spend your time with people who are more likely to join your team. They are making that decision based on their feelings about value, trust and credibility. The more areas of common experience and interest you can remember and share, the greater the likelihood of winning their hearts and minds to your products, services and opportunity. This is very easy to do yourself and easy to duplicate with your team.

The Network Marketing Tools Scandal And How You Can Profit From It

Back in the early 80's when network marketing was really coming into its own, there was this big controversies over what they called the network marketing tools scandal. Basically, successful distributors were creating these huge down lines and began monopolizing on that by selling books, CDs, tapes, memberships etc., to people on their existing teams…

Back in the early 80's when network marketing was really coming into its own, there was this big controversies over what they called the network marketing tools scandal.

Basically, successful distributors were creating these huge down lines and began monopolizing on that by selling books, CDs, tapes, memberships etc., to people on their existing teams as well as new people that signed up.

At one point, I think that some of these rouge mega- teams within their perspective MLM companies (a lot of this was happening without the knowledge of their MLM companies) started “requiring” people to purchase these tools for the development of their businesses.

This of course, made the people at the top of these mega-teams an awesome about money but the fallout of this was that people in their down line were not able to duplicate their up lines success.

The reason being, they did not have access to these network marketing “tools” and they were spending quite a bit of money trying to keep up with the monthly fees associated with having these tools on top of their regular monthly auto shop.

As a result, network marketing companies were surrounded by a level of mistrust as people began to believe that you could not make money in the actual MLM Company unless you could sell these tools, which back then, your average distributor had absolutely no way of creating these kinds of multiple streams of income type products.

Consequently, lawsuits were filed as it was argued that the network marketing tool business was considered illegal and unethical because the majority of these high-level distributors were actually making the major of their money from the sales of these tools and not the products themselves.

The MLM industry today has since been regulated and distributors can not require people to buy these business building tools.

Now the problem was not in the fact that the MLM platform did not actually work to make people in the industry wealthy, because these people did build awful organizations and they continue to make residual income 'til this day.

So the system works.

The problem was not even that they were selling other streams of income like books, CDs etc., to their teams. The real problem was in the fact that they were requiring people to purchase them!

Network Marketing Tools Today …

Now days, with the creation of the world wide web, and “instant access” technology, your average network marketer has access to a slue of products and services that can be offered to their customers and can be used to build multiple streams of income.

We also understand that the top producers in the MLM industry are that much more successful because of, not only their MLM company and products, but because they can offer other resources to their market and profit from them.

What was shunned in the past is now the norm for today's network marketer who wants to be financially successful- minus the forced prerequisite factor of course! =)

# 1 Mistake of New Network Marketers.

The newbie network marketers fail to take advantage of marketing their own “tools” apart from their MLM business.

Why?

One reason is that they did not even know they could …

They do not know how to find the right product tools ..

They have no idea how to market it.

See, the hard fact is that 97% of the people you expect your MLM business to will say NO to your business. What you must have in place is a way to create income even if your prospect says “no thanks”.

This is where your network marketing tools comes in.

If you can create a way to provide something of value to the prospect that is not interested in your opportunity, ie e-books, CDs, free training etc., you would not only still be able to make money, but if you do it right, that prospect will be more likely to join you when the timing is right for them because now you have given them something of value that they can benefit from.

They now KNOW, LIKE and TRUST you …

The 4 Profit Centers Of The Top Online Network Marketers:

The 4 profit centers (tools) you need to have in place to have a truly profitable business.

The purpose of having “profit centers” is to increase cash flow to your business. These are revenue streams that every top earner in the industry have in place in their MLM / home businesses right now, and you should too.

The fact is, it can be a lot easier to sell a product to someone than a business opportunity, and even easier to sell a biz op to an existing customer.

The following are 4 pure profit (you keep 100% of the profit) centers that you should have in place.

  1. Products that provide value to your niche.- All top earners sell their own stuff (Affiliate products)
  2. Continuity Revenue – Pays you ongoing or residual income even if someone drops out (Membership sites Ongoing coaching programs – Monthly webinars).
  3. High Ticket Revenue- Believe it or not, high ticket items ($ 1,000 and up) sell very well and It's easier to sell high ticket items to a current customer than a new one.
  4. Your Network Marketing Business Opportunity And Products

Lastly, your business opportunity that you can offer in order to build residual income and generational wealth.

No top earner just focuses on their biz opp …

They have valuable network marketing tools and products that they market that puts them in a leadership position which by default, joins more people to them, that in turn results in more sign ups to their business opportunity.

Seriously, this is the formula for success!

They had the right idea back in the early 80's, they just took to the extreme and did not teach others how they could do the same.

Network Marketing Tools – The Big Problem

Unfortunately, obtaining products and services like these is not an easy task, especially for the new MLM're. Not only do you have to own the products but you must be able to position them in away that will attract your target market, as well as find the time to implement all of this.

Effective MLM Network Marketing Lead Generation

Best Way to Produce an MLM aka Network Marketing Lead the Easy Way You can get a lead almost anywhere nowdays. Just hit up Google for 'where can I find or buy network marketing leads' or 'buy MLM leads cheap' and you will be presented with just tons of sources. Most of which are pure…

Best Way to Produce an MLM aka Network Marketing Lead the Easy Way

You can get a lead almost anywhere nowdays. Just hit up Google for 'where can I find or buy network marketing leads' or 'buy MLM leads cheap' and you will be presented with just tons of sources.

Most of which are pure crap. I know whereof I speak. I have spent money with them. Listen to me on this and save your money. Solo ads or paid advertising are different matters which I will address later. For now, I am referring to the sources of cheap leads out there.

Why am I down on buying cheap leads? Well, frankly, if your budget has lots of room in it, go for it. Most best lessons are the ones for which you pay. If that sounds cold hearted I honestly do not mean it to be.

My personal mission is to help 1,000 people be able to leave their jobs and while this will indeed help me make a ton of money, it is not just about the money. I think self-employed people make the country a better place because they have the time and money to be active in making the world a better place. They also have a particular vested interest in the economy because they are business owners.

I would not stop with those leads, though, because most of them have been emailed, re-emailed, sold through probably 100 different companies who then emailed, re-emailed and then sold to another set of lead companies. I once found out that I had emailed myself because I was on a list I bought. Very good laugh; moderately bad use of funds. It was also a very bad use of time as the ROI is zero, nada, zilch.

Online Business Systems

We all know that the secret to franchise success is that they all use a proven system . What you (and everyone who is new to this business) need is a system that teaches you how to market using the Internet's nature, ie, the Internet runs on search, not spam. Let me say it again, you need a proven system. You will need not only a proven system, but something that helps you track what you do every day. This means a planner, whether electronic or paper, so you can plan your daily activities and see them done and recorded. You are building a business and you need to run it like a businessman or woman.

How Do I Get the Best Leads?

Attraction marketing Attraction marketing has made more people reach the money ring than any other system. This friends and family thing failed from the get go. It is not that the market is planned or that it is a scam. It is not. The friends and family thing simply has a success rate of less than 0.5% on a market sample that is generally smaller than 100 people.

Now, think about it. How is anyone really supposed to succeed with that? I would rather play the lottery frankly. Less effort and more fun and arguably about the same kind of success rate.

Attraction Marketing

People who see you online do not know you. They have no reason to trust you. There is really nothing right in front of them to encourage them to do so, either. To build a relationship with them, you have to give them a reason to trust you. Help them solve an immediate problem and there is the beginning of trust. This is generally called 'giving value' up front and is the drive shaft of Attraction Marketing.

'Giving value,' what I call solving a problem for them up front, gives them a reason to believe in what you say. Fact is, what with all you have probably read to this point makes you an expert relative to 99% of the people out there, even those who tried, failed, left, came back years later, did the same thing … and are now trying again.

I say this because if they were educating themselves and taking action on that information they would have succeeded.

Present yourself as someone who is educated on Internet marketing matters in a unique way and you will stand out from your competitors in this field. Help them solve some immediate problem or provide some much needed instruction and you will be seen as an expert who is interested in their success, the go to person for their problems.

My own personal unique selling point is that I am not only tired of my job, but I have also built successful brick and mortar concerns that were successful. I am dedicated to helping a particular number of individuals become job independent, not after a particular income for myself.

Be the Hunted not the Hunter

Stop selling. No one likes to be sold. When you walk into a bookstore and someone asks you if they can help you find anything what is your knee jerk response 90% of the time?

“No, thanks. I am just looking.”

However, when you have looked and hunted and thought to solve it on your own, in this case locate that particular tome of your favorite author because you occupy that dream of all writers, that of Constant Reader.

… then you go to a clerk and say, “Can you help me find …?” … whatever it is you are looking for.

Practicing Attraction Marketing puts you in the pathway of those who have determined they can not solve their problem alone.

People buy from those they like and trust. People tend to like and trust folks who have helped them solve problems. People buy from people they trust.

Closing is Simple with Qualified Leads

Qualified leads are seldom bought for pennies. Seriously qualified leads that you did not generate yourself can cost as much as $ 20.00 per lead and with the proper offer, are worth it. If you average return per lead is $ 500.00, then $ 20.00 is nothing. The issue is can you take the hit if it fails? Generally the answer to that is no.

Qualified leads are individuals to whom you can demonstrate your worth. Once that is done, they have reason to trust you and like you. That is a relationship which is profitable to both you and your lead, in solved problems and profits generated.

Take the time to evaluate a serious system specifically designed to generate qualified leads for your business that come to you rather than you chasing them down. Such a system that has been proven to work.

Best Regards,

Tim Singleton

Create A Vision: Set Some Goals

I've been reading Jack Canfield's book, “The Success Principles,” and I want to quote to you something from Chapter 3. The title of Chapter 3 is “Decide What you Want.” I quote, “The indispensable first step to getting the things you want out of life is to decide what you want.” Seems pretty obvious to…

I've been reading Jack Canfield's book, “The Success Principles,” and I want to quote to you something from Chapter 3. The title of Chapter 3 is “Decide What you Want.” I quote, “The indispensable first step to getting the things you want out of life is to decide what you want.” Seems pretty obvious to me, but how many of us go through life without really defining what we want? Do you have a vision for what you want your life to be like? Do you have goals?

Do you have concrete action steps that you are taking on a daily basis to move you from where you are today to where you want to be tomorrow? Do you have a vision of what your life looks like in three years? Five years? Is it written down? Do you have a vision board? Have you thought about creating a mind movie for yourself. A mind movie is a vision board that's in a movie format, that you can play on your computer and remind yourself of what your goals are or what you're trying to accomplish.

If you do not have a concrete vision for your life, I suggest you start here with my “Create Your Vision” Worksheet.

Start with a clean slate and write down what your life is like in 5 year. Do not contaminate this with thoughts of scarcity. Assume you have all the resources required. Describe your life in great detail. Describe the sights, sounds, smells, feelings. Take your time. Make it real. Make it big. Make it bold. Now close your eyes and see your new life, experience your new life, make it in the now, in the present.

  • Believe it is possible!
  • Where do you live
  • What do you drive
  • Where do you vacation
  • What relationships do you have
  • Where do your kids go to school
  • What charities do you help
  • What projects do you participate in
  • What activities do you do

If you do not know where you're going, you will not know if you're on course, and you will not know when you get there. Once you have a vision created, break it down into concrete, but doable steps. Make an action plan and establish intermediate goals. Remember goals need to be measurable, believable and achievable.

For example, a goal to lose 50 lbs this month is not believable but a goal that involves a target weight 10 lbs less than today's weight in one month is measurable, believable and achievable.

Anything your mind can believe, it can achieve so go ahead, create your vision and set some goals today.

MLM Success Routes Change People’s Lives

You have heard that MLM success changes people's lives, but how can it change it for the better. Running a business is already difficult, with so many problems and competition. How can you find the motivation to stay in the game? Success in any form is a great morale booster, reading and acting upon solid…

You have heard that MLM success changes people's lives, but how can it change it for the better. Running a business is already difficult, with so many problems and competition. How can you find the motivation to stay in the game? Success in any form is a great morale booster, reading and acting upon solid help can help you find problems in your own walk. Achieving the financial freedom and dependence is everyone's dream, not many say, “I wish I would be broke.” There are certain habits that you must have in order to achieve success.

Training in the MLM Success habits

The MLM success habits that you acquire should include persistence, discipline, creative thinking, analysis and focus. These hits will help stay motivated and energized when things decide to fall apart around you. Taking the time to practice each one depends on your schedule and desire. Achieving success is not guaranteed, but finding new pathways to try again is guaranteed. Each of these skills can bring your mind and spirit into balance that will help you find new ways to touch your audience.

Helping other find MLM Success paths

How can you help others find MLM success? This depends on your methods of content delivery. Blogs and articles are useful tools to touch the minds of the prospect. Videos and audio are other tools to touch the heart and soul of the listener and viewer. Most times, a combination of all will balance out the skill training set that you want others to notice. The right skills and delivery system can mean a big difference between motivation and falling away. Your prospects do not have the time to hunt through your website for all of the content. A bundled system can help submerge your prospect into the world of success. The timing of the content release is very important as well, you do not want to overload their senses or lose their interest from lack of publications.

Helping Others Achieve MLM Success

MLM success is a balancing act and requires timing and delivery. The content that you decide to use and the delivery system can mean more or less people learning your skills. A bundled system allows the subscriber to dive into the significant part and learn at his or her own pace. You can also include feedback forms to help you adjust the content and reevaluate your publishing and sending schedule.