Most people who join network marketing will start part time. Sure, we have dreams of creating full-time walk-away income, but only about 3% of people ever get there. This site is for the 97% of network marketers who are part time, but actively working towards full-time income. Here you will learn some important concepts that will help you take your business to the next level.
What MLM Really Is
In its simplest form, MLM is recommending and promoting things you like to people who know, like, and trust you. Think of how you promote your favorite movies, restaurants, cars, etc. Think of how you recommend books, vacation spots, and stores. That’s the best way to do MLM. One of the biggest mistakes many people make is they try to SELL. MLM is not a sales business. It is a people business and a relationship business. One of the biggest turn-offs for many people is “becoming a salesperson.” 92% of people don’t like salespeople. If you try to sell, and teach others to sell, you are drastically limiting the appeal of your opportunity. Here you can learn how to bypass the sales pressure.
Understanding MLM Compensation Plans
Every business opportunity presentation will tell you that you can make $5,000 to $25,000 per month or more – and you can. For most plans, this is quite possible in theory. The trick is trying to figure out HOW to get to a certain level of income. If you want to earn $10,000 per month, you might have to build an organization of 400 people, or you might need to have 40,000 people. If you’re confused on how your plan works, you are not alone. You can read more on how to evaluate plans in the section on understanding MLM compensation plans.
Learning How to Find Interested Prospects
This is probably the biggest challenge most people face: how to find people to talk to about the business who actually are interested in having a home-based business. Unfortunately, most people are told when they sign up to show the business opportunity to all of their friends and family. The problem is, most people don’t have anyone in their family who has said to them, “When you find that business opportunity that’s going to make us rich, call me!” Here we can teach you some better ways of connecting with people – who actually want what you have to offer. If you’d like to learn more, you’ll probably like the section on How to Get MLM Leads.