Chuck’s MLM Weekly Wisdom # 42 – June 24, 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
People call me all the time and ask me how to be successful in our industry. Most of these folks who call me are currently in a company, but are thinking about switching to a different company (because they think it will be easier). I tell all of them that the company you join isn’t going to make things easier. Ultimately, it’s our skills, mindset, and actions that really make the difference.
If you want to be successful in our industry, it’s actually quite simple. I’m not saying it’s easy, but it is simple. What you need to do to be successful is (1) stick with ONE company minimum five to ten years, and (2) personally sponsor 100 to 200 people during that time. If you do that, you’ll make it to the top ranks in your company (in most cases anyway).
To most people this advice sounds overwhelming. I like to keep things caveman simple, so this is what I tell people. Sponsor one person a week, every week, for five years. If you did that, you would personally sponsor 260 people during that five year time frame.
In most companies, that will make you a very comfortable six figure income.
# 2 Suggested Podcasts
Here are a few of my recent podcasts that I thought you might enjoy.
- What is Success in Network Marketing
- Best Prospects for Your MLM Business
- How to Give a Presentation or Show the Plan
# 3 Today in History
- June 24, 1894 – Decision to hold modern Olympics every four years
- June 24, 1938 – 500 tons of meteorite lands near Pittsburgh, Pennsylvania
- June 24, 1964 – FTC rules that health warnings must appear on all cigarette packages
# 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 “Who Stole the American Dream?” by Burke Hedges. I really love this book. It’s designed for prospects and people who are new to the industry. It talks about pyramid schemes, the downfall of the American Dream and the power of network marketing. I like to use it with prospects who have never done the industry before. You can read my review of it to learn more about it.
# 6 Quote of the Week
“I was once told by a top income earner that for each person I have at a company convention, I could multiply my group by 100 one year later.” Jordan Adler
My Thoughts: Get people to events. Events are so powerful. Many people make the decision to “build it big” while at a company event. Attend all events yourself and promote them like crazy with your group.
# 7 Suggested Blog Posts
Here are some trending posts on my blog that I thought you might enjoy.
- Top 10 Ways to Find More Retail Customers
- Best Passive Lead Generation Strategies
- How to Develop a Long Term MLM Income
# 8 In the Spotlight
This week’s featured distributor is Jordan Adler. Of all the people in the industry who have mentored me, I would consider Jordan my # 2 mentor of all time. He’s honest, sincere, genuine, and very intelligent. He struggled in the industry for 10 years before he sponsored his first person. However, he went to become a seven figure earner in two different companies and he is one of the most respected trainers in the industry. Check out his Beach Money YouTube channel and read my review of his book Beach Money. You can also like him on Facebook.
# 9 Weekly Challenge
My challenge for you this week is to personally reach out to 100 of your friends on Facebook and ask them to take a look at your company or products. You can do that through private message, email, or by calling them. Keep track of your stats and see what type of responses you get.
# 10 Clean But Funny Joke
Q: What did one ocean say to the other ocean?
A: Nothing. They just waved.
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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