Archive for 'building your network marketing business'

There are 3 reasons why mlm success is so hard to obtain. There are money, duplication and retention. Many internet network marketers fail because they really don’t understand how multi-level marketing compensation plans work.

1) Money-You need to have some money to make money in a mlm home business. The reason is that you have to sustain the costs of running the business while you find prospects to join you. The overhead costs mount up monthly and you have to be prepared for that situation. It’s the nature of a mlm business. Auto-ship expenses become auto debt. You must budget your money and have a realistic time table of how much you will have to spend before you are into profit.

2) Duplication- The attractiveness of the hype of an mlm that you only have to get 3 who get 3 who get 3 and so on is realistic to a person who already has a 5000 member team but to a person who has no team at all, it’s just hype. Research shows that only (.16) people are sponsored per month by network marketers who are untrained. The dream of duplication vanishes with this hard MLM truth. If you get trained and mentored you can actually make $5oo to $1000 per month quite easily. The whopping 97% of the people who failed at mlm network marketing have little or know training at all so there is really nothing to duplicate but failure.

3) Retention- Most mlms are like the “NFL” not for long. The average untrained network marketer has a network marketing life of 93 days. That’s a little over 3 months. The mlm company owners know this fact from the get-go but those who look to make $5000 weekly with no marketing skills the first month in the business will drop out and jump to something else following the “hype” of each new guaranteed mlm deal. The mental pressure of losing money and not knowing where to turn soon causes the network marketer to quit.

I only know of one solution for mlm success and that is to be mentor and trained personally by professional mlm network marketer trainers who use researched based training materials. It’s that or spend your internet network marketing life as an mlm junkie or drop- out. Get more info here:FREE Internet Wealth Report

Keeping It Real!

James

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Are you tired of the old school network marketing techniques? You know the 3 foot rule, hanging flyers, bugging your family and friends,chasing people down with magazines in
super market parking lots?

I know that when I first joined my first network marketing company, I was told to use these same methods. I was told to make a list of 100 people that I knew and if i didn’t know 100 start at the beginning of yellow pages in the phone book and basically call every one of the businesses that i did any business.

I was only faced with questions I wasn’t able to answer, getting hung up on, and faced with nothing but rejection and discouragement. Many leads told me to call them back later but they never picked up the phone. Have you been there?

When I was officially put on the “do not touch” list by everyone that I knew, all my upline told me to do was to go out and buy some opportunity leads.Being a team player, i did. All those leads was stale, tired or dead.

This only led me to some more rejection and i started chasing the “big dogs” from one “prelaunch to another. Spending “fast start” money that i didn’t have for all those “instant cash”, can’t lose network marketing opportunities.

Now I was out of money, out of time and had nothing to show for all my effors.

Then just as I was going to give up, I found what I consider to be the “life saver” for my for making money online.It was something called a funded proposal. This was a marketing funnel that generated endless leads, was viral (spread accross the Internet on it’s own) and you could generate unlimited income.

Now when i market a Network Marketing Smarts marketing System along with my team we are all doing the same thing leveraging our marketing efforts as well as our income potential in our primary business. Click Here For Your FREE ebook “The Perfect Funded Proposal” and get network marketing smart.

Enjoy,
James B Byrd
“The Network Marketing Smarts Guy”
Check out the ultimate “funded proposal” for your MLM business –; http://www.mlmsuccessmagic.com

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Network marketing is Simple, but doing the old way (i.e.
cold calling people) is NOT easy.

Don’t kid yourself!

Let me explain my view of why network marketing is notorious
for having a 95% or higher failure rate..

Have you ever heard of Occam’s razor?

It states that the simplest explanation for a phenomenon is
usually the best. We’ll use this theory to explain why more
than 95% or more network marketers fail.

Ready?

Most network marketers fail because the marketing methods
that they are taught don’t work 95% or more of the time.

So we’re led to ask the next logical question, what are most
fledgling network marketers taught?

Well, I can only speak from my experience, but what I was
taught was to buy and cold call leads.

Now, I’m not going to say this doesn’t work, but I will say
is that after six months of cold calling leads for 3 hours a
day with very little success this tactic doesn’t work for
me.

Honestly, unless you’re natural born confident sales leader
going into your network marketing career you’ll probably
have these same results.

Don’t get me wrong some people are very good at cold calling
leads, but most people aren’t.

What happens to most people after they’ve spend thousands of
dollars on leads with very little success after months of
effort?

They run out of money. They get burned out and then . . .

They give up.

Another important factor contributing to why most network
marketers fail is the type of leads they buy.

Why does the type of leads network marketers use make a
difference?

Well . . .

Business opportunity leads, the leads most new network
marketers are told to use, are generic. These leads answer
an ad that just asks them if they want to be financially
free or make money from home or something like that.

Well . . . of course they do!

But that doesn’t mean they want anything to do with YOUR
network marketing program.

When the average network marketer calls these generic
business opportunity leads the leads don’t know anything
about the network marketer’s business and for the most part
honestly don’t care.

This leads to the fledgling network marketer hearing a lot
of “NOs”.

Hearing NO all the time leads to quite a bit of self doubt,
both about the network marketer’s own ability and the
validity of their association with their network marketing
company.

Negative feelings begin to harbor and as I said before
eventually the network marketer gives up, usually within 3-6
months.

The fledgling network marketer’s perception of their
business goes from one of opportunity to one of complete
doubt and negativity.

Reality follows perception, so because the fledgling network
marketer believes both themselves and their business as
having little hope this becomes TRUE.

That’s basically why 95% of network marketers fail if you
asked me.Tried Network Marketing before and failed? It’s not your
fault. Visit this link and see why: http://www.5dollarbailout.info

James B Byrd
269-290-3263
The Network Marketing Smarts Guy
Click Here For Your FREE ebook “How To Get Rich In Any MLM Program” and get network marketing smart.

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Building your network marketing business for success is a challenge because the vast majority of every kind of business busts. Same for MLM distributors. The hurdles to holding a network marketing business are low, so virtually anyone can start their own online business. To have network marketing success, you should start with a large network of people who know you, like you and have confidence in you, or you establish that network. It’s important to pick a MLM that pays well for actual productivity. It’s a great advantage to understand marketing, whereas you always need to continually build your downline. And if you are unanimous all but people who don’t start with a downline in place will inevitability have to build one from scratch.

Building your network marketing business for success is just like building any business for success. And yet, so many people today are promoting the “multiple streams of income” approach in order to be successful in MLMs. You can investigate long and intensely and never find anyone who is successful in more then 1 network marketing business at one time. Hey, it’s rare to find a person who has actually built time income in ONE business. That’s why it’s unreasonable for people think they can build 4 or 5 business at a time, as some of them fantasize. It’s readily apparent that: they’re full of it. They’re hoping that if they promote 4 or 5 MLM business opportunities to you, maybe you’ll see one that catches your eye and you will go for it. Most people who use this network marketing strategy vanish quickly. What is to pick the best one you can tumble and build that business. Multiple streams of MLM income is an idea that is obsolete.

Many people start in network marketing with the idea that they aim to get in position to make a “boat load” of money. They hear tales of people earning 7 figures a month. And it certainly has happened. However, the key building your network marketing business for success is to understanding the numbers. Not long ago, a report was compiled of the financial records of 7 well-known, publicly-traded MLM network marketing companies. This report highlighted that what these companies pay out to the independent distributor base ranged from a low of 25% of gross income to a high of about 42% of gross income. Deem almost this. Let us round off the profits given to the independent distributor and call it 40%. If you acquire a heavy hitter at that MLM company making $1 million a month, what does that mean? You can certainly conclude that a lot of more reps aren’t getting generous return for their efforts. The fact is, the LESS that heavy hitter is paid, the MORE that the part-time independent distributors get paid. Distributors account for 95% of everybody in MLM, and they are the ones who embrace the dream. People get so “amped up” when someone gets a huge paycheck, however, it may mean you actually have a reduced chance of getting a substantial pay check.

These ideas and myriad others are discussed by Michael Dlouhy in the free ebook “Success In 10 Steps.” I compiled a list of MLM keywords just and discovered something intruging. In analyling the search results, 75% of the top 20 MLM-related keyword search terms was related to the word “leads!” If ever there was evidence of the #1 need for network marketers, that was it for me. Obviously it is good logic. Building your network marketing business for success requires a steady stream of targeted, like minded interview. Now you see why network marketers have valued this ebook over the years. It’s generic, so you can actually use it as a lead generator.It’s a very simple plan that can be used in building your network marketing business for success.
Download your free copy here: http://www.allaboutyouandsuccess.com

James B. Byrd
Internet Network Marketing Specialist
269-290-3263
Proven Strategy, Proven Team
Explode Your Downline With This Free System
http://jamesbbyrd.com/successteam

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