Chuck’s MLM Weekly Wisdom # 39 – June 3, 2015
Dear Network Marketer:
I hope you are happy, healthy and well. Welcome to this week’s edition of Chuck’s MLM Weekly Wisdom. Enjoy the training.
# 1 Tip of the Week
This week’s tip of the week is to have a way to make money even when people tell you NO to becoming a customer or distributor. I learned this valuable lesson from Robert Blackman, one of my trusted mentors. The truth is more people will tell you NO than tell you YES. And if you don’t have a way to make money from the NO’s, you are leaving a lot of money on the table.
That’s why you need multiple streams of income. You need to have systems, tools, leads, and training products that you can offer your prospects, if they tell you NO to becoming a customer or distributor. This gives you added income and allows you to work smart. This advice is even more relevant if you are building your business online like I do.
Only a real small percentage of the people who visit my website or contact me actually join my MLM program. However, since I have multiple things to offer, it increase my earnings potential.
# 2 Suggested Podcasts
Here are a few podcasts I’ve done recently that I thought you might enjoy.
- Timing is Everything in MLM
- Four Ways the Internet Has Changed the MLM Industry
- The Some Will, Some Won’t, So What, Next, Mindset
# 3 Today in History
- June 3, 1860- Comanche, Iowa destroyed by tornadoes
- June 3, 1876 – The sport lacrosse is introduced in Britain and Canada
- June 3, 1925 – Eddie Collins reaches 3,000 hits
# 4 Suggested Videos
Here are a few YouTube videos I recently watched and thought you might enjoy.
# 5 Book of the Week
This week’s book of the week is “The E-Myth Revisited” by Michael Gerber. I absolutely love this book. What I love most about the book is that he talks about why businesses fail and what to do about it. He talks about the importance of systems. He talks about the difference between working in your business and working on your business. He talks about the difference between the strategic and tactical work. I read this book for the first time many years ago and it has had more impact on my business than any other book. If you haven’t read it before, order a copy here on Amazon.
# 6 Quote of the Week
The quote of the week this week is “most entrepreneurs are merely technicians with an entrepreneurial seizure. Most entrepreneurs fail because you are working in your business rather than on your business.” Michael Gerber
My Take: Don’t confuse the busy work with the productive work. Anyone can be busy, but successful people are productive. In this great industry, there are only a few tasks that will actually grow your business. This includes retailing and recruiting. Everything else should be done after those tasks. Spend 90% or more of your working hours on retailing and recruiting and you will be successful.
# 7 Product of the Week
This week’s training product is Supercharged Online Sponsoring by Ricardo Ferrari. This is a great course to teach you about attraction marketing, generating leads, building your business online and more. Learn more about the course.
# 8 Suggested Blog Posts
Here are some trending posts on my blog that I thought you might enjoy.
- How to Calculate the Value of Your MLM Business
- The Three Foot Rule in Network Marketing
- How to Build Your MLM Business by Blogging
# 9 In the Spotlight
This week’s featured distributor is Robert Blackman. I’ve studied Robert for many years. He’s the guy who taught me about having multiple streams of income. He taught me the value of selling leads, tools, and systems, in addition to your MLM Company. He also taught me about postcard marketing and direct mail. You check out his website or watch this great YouTube video. Connect with Robert on Facebook.
# 10 Weekly Challenge
My challenge for you this week is to call up 10 people on your chicken list. Make a list of the 10 most successful, most prosperous people you know and reach out to them about the products or business. Invite them to a presentation, conference call, three way call or webinar. Even if just one of them joins your team, it will be worth it.
I hope you have a great week. Thanks for reading this week’s edition of Chuck’s MLM Weekly Wisdom. If you have questions or need help with anything feel free to give me a call or send me an email. Thanks.
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Chuck HolmesWebmaster, OnlineMLMCommunity.com
Phone: (352) 503-4816
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