Chuck’s MLM Weekly Wisdom Issue # 47 – July 29, 2015
Dear Network Marketer:
Welcome to this week’s edition of Chuck’s MLM Weekly Wisdom. Enjoy the training.
# 1 When you sponsor followers you add people to your organization. When you sponsor leaders you multiply your organization. A follower will seldom sponsor a leader, but one good leader can build a massive team of other leaders and followers.
# 2 The only difference between you and the top earners is that they have exposed the business and products to MORE people than you have and they have experienced more rejection.
# 3 Most people overestimate what they can do in a few months and underestimate what they can do in a few years. You would be surprised at what you could accomplish if you simply worked your business a little bit each day, every day, for a few years.
# 4 Act as if you have ONE MILLION DOLLARS invested in your business. If you did, your calendar would be so full you wouldn’t know what to do with yourself. Treat it like a million dollar business and there is a good chance it will become one. Most people don’t treat their business seriously because they have nothing to lose financially by not building it.
# 5 Attend an event every three to four months. Find a company event or generic network marketing, leadership, or entrepreneurship event you can attend every three to four months. This could be a regional event, a convention, a mastermind, or anything else. Events are what fuel your business. I once heard that for every person you have at your company’s convention your business will grow by 100 people the upcoming year. I’m not sure if that is true or not, but I think it’s pretty accurate.
# 6 Don’t underestimate the value of a business that makes even $200 per month in residual income. In today’s world you would have to have $200,000 in the bank earning 1% interest to make that same amount! Most people will never save that much in their lifetime, but anyone can build up a $200 monthly residual income in a year or less with their MLM Company.
# 7 I asked a top earner in another company what his biggest mistake was. He told me “without a doubt it’s working with the wrong people.” He added that if he had to do it all over again he would only spend time with people who took action and did the work. He would work with people who deserved his time, not people who needed his time. You can’t drag anyone across the finish line or make them successful.
Here are a few YouTube videos I watched this week and thought you might enjoy.
- Binary Compensation Plan Business Building Strategy
- Width vs. Depth in MLM
- My Favorite Training Video
Here are a few podcasts I thought you might enjoy.
- The Biggest Mistake That Network Marketers Make
- The Story Behind the Story in Network Marketing
- Create a Daily Mode of Operations for Your MLM Business
Featured Blog Posts
Here are a few trending posts on my blog that I thought you might enjoy.
Book of the Week
This week’s book of the week is “Failing Forward” by John Maxwell. I really love this book. It talks about how people fail their way to success, not succeed their way to success. Success is never a straight line. Instead, it has a bunch of zigs and zags. Nothing ever goes exactly as planned. If you’re struggling with temporary failure or fear of success, this is the book for you. Order a copy on Amazon.
Quote of the Week
This week’s quote of the week is “keep in mind it only takes a few power partners to change your life.” That is a quote from million dollar earner Sarah Robbins. The beauty of network marketing is that two or three good people really can change your life for the better. You never know who those people will be or when they will show up on your team! Most top earners make most of their income from just one to three key people in their team.
This week’s suggested product is my “How to Build a Marketing Funnel for Your Small Business.” For anyone looking to build their network marketing business online, I highly recommend this course. I will teach you how to create a follow up system that converts your leads into buyers (distributors or customers) and also provide multiple streams of income at the same time. Learn more about the course.
Offer of the Week
This week’s offer of the week is a buy one get one free coaching session. Buy one hour of coaching from me at the regular price of $100 and get one hour free. This offer is only good for my email subscribers. If you are interested, simply visit my services page, buy the one hour of coaching, and then send me an email so we can set up the time for our first call.
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. Have a wonderful day.
Articles You Might Enjoy
Chuck HolmesWebmaster, OnlineMLMCommunity.com
Phone: (352) 503-4816
Here's what you should do right now:
# 1 Sign Up for My FREE 7-Day MLM Bootcamp
# 2 Check Out These Awesome Tools and Resources
# 3 Join My Free Facebook MLM Mastermind Team