Dear Network Marketer:
Happy Veteran’s Day! I hope you are happy, healthy, and well. Welcome to this week’s edition of Chuck’s MLM Weekly Wisdom. Enjoy the training.
# 1 Nothing Happens without Retailing and Recruiting
This business comes down to retailing and recruiting. Those are the two most important activities to focus on if you want to build a big business. You need to spend a huge majority of your time doing both of those two things. Every serious distributor should acquire and maintain at least 20 personal customers. In addition, they should make a goal to recruit minimum 2-10 people per month, every month, no excuses. Part-timers should never go a month without recruiting 2-4 new distributors and finding 2-4 new customers. Full timers should never go a month without recruiting 8-10 new customers and 8-10 new distributors. Don’t confuse busy work with working smart and being productive. Don’t spend all your time on things that keep you busy, but don’t grow your team and bonus check.
# 2 Quote of the Week
“You can have everything in life you want if you will just help enough other people get what they want.” ~ Zig Ziglar
My Take: Network marketing is a team sport. You cannot be successful until you help other people on your team become successful. The more people you help achieve success the more money you make.
# 3 A Valuable Tip
I’ve been watching a lot of YouTube videos lately with six and seven figure earners from different network marketing companies. They all have different personalities, styles and techniques, but the there is one thing that they all have in common. Successful distributors worked day in and day out with one company for at least 5-10 years before they made it big. Most started out part-time, but were very consistent. None of them were overnight success stories. Most had no prior experience in the industry. They simply got started, set some goals, worked their business daily, and stayed the course for several years. That’s what you will need to do if you want to succeed. You won’t get rich in 90 days and you won’t achieve success if you keep switching companies.
# 4 Book of the Week
This week’s book of the week is “Being the Best You Can Be in MLM” by John Kalench. I just finished reading this book. It’s an old out of print book, but still very relevant. It’s loaded with great tips and golden nuggets. I actually found a copy at a yard sale and bought it for 25 cents. You can get a copy on Amazon.
# 5 Featured Blog Posts
Here are some trending blog posts that I thought you might enjoy.
- How to Build Your MLM Business Online
- How to Use Events Such as Health Fairs and Bazaars to Build Your MLM Business
- Alternatives to Cold Calling in Network Marketing
# 6 Being Mentally Tough
You have to be mentally tough to succeed as an entrepreneur and network marketer. You will get no shows. People will quit. People will order once and then enter the Witness Protection Program, never to be heard from again. People will let you down. People will lie to you. People will say they are going to be your biggest person, only to disappear and never to be heard from again. Most people will fizzle out in 90 days or less. You will take three steps forward and four steps back. Be prepared for all of these things. Do not take it personal. Realize that it is part of the process. If you take it personal you won’t last long in this business!
# 7 Featured Videos
Here are a few trending YouTube videos I thought you might enjoy.
- Driving Lines Nathan Ricks (no, I’m not in Nu Skin)
- Secrets of Self Made Millionaires
- Taprooting for Leaders (no, I’m not in ACN)
# 8 The Power of Incremental Growth
One of the best lessons I’ve learned in life was to get a little bit better every single day. Never go a day without learning something new and always strive to be better today than you were yesterday. If you do that over a period of years, you will be amazed at what you can accomplish. It won’t happen overnight. You might not see huge improvements for the first years, but I can promise you that if you keep getting better and better every single day, it will make a big difference in your life and business.
# 9 Featured Podcasts
Here are a few podcasts I thought you might enjoy.
- Should You Lead with the Products or the Business?
- Helping People on Your Team Get Their Products for Free
- You Can’t Drag People Across the Finish Line
# 10 You Must Focus on Your Self Improvement
For your network marketing business to grow, you must grow. For things to get better you must get better. To make it to the top of your company’s compensation plan, you will need to improve a lot. Read books. Find a mentor. Attend workshops and training. Learn something new every day. Get better every day. Develop your skills. Improve your attitude. Have a personal development plan. Decide what you are going to do and how you will do it. At a minimum, I read for 30 minutes a day, watch a couple YouTube training videos each day, talk with my mentor daily, spend time in reflection, set goals, and do countless other things to work on my personal development. You should do the same thing.
# 11 Product Expert vs. People Expert
I don’t know one person in our industry who is at the top of their company’s compensation plan who is a product expert. Instead, successful distributors are people experts. This really is a people business. Yes, you need a basic understanding of your products, but you don’t need to know everything about them. Most people you talk to only want to know what the product will do and if it can help them. Know the benefits. But don’t spend all your time learning every little detail about the products. Instead, work on your people skills. Become likeable. Put a smile on your face. Work on your attitude. Learn how to get along with people. That is a much better use of your time.
There you have it folks. That concludes this week’s edition of Chuck’s MLM Weekly Wisdom. I hope you found the information helpful. If you have questions or need help with anything feel free to give me a call or send me an email. Have a great week!
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Chuck HolmesWebmaster, OnlineMLMCommunity.com
Phone: (352) 503-4816
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