Building up a full-time MLM Check typically takes three to five years, and normally even longer, especially if you are doing it part-time. Most people who join our industry have a short-sighted vision. They want immediate income and they aren’t willing to stick around long enough to become successful in their network marketing business.
Simply put, most people in our industry are looking to GET PAID TODAY! They have an employee mindset and have never owned a business before. They are accustomed to trading hours for dollars in a job.
They don’t understand that almost every business takes one to two years (minimum) just to get profitable and five or more years to build a consistent, secure cash-flow. If they aren’t making a good income by their third month in their MLM Business they give up and move on to something else. Sadly, many of these people switch companies every 90 days for YEARS, thinking the company or opportunity itself is the solution to their challenges.
While I think it’s important to focus on building your network marketing business for the long-term, and put in a consistent effort, you need SOMETHING that gives you positive cash-flow so you can stay in business today!
If you can find a way to create an immediate income while you build your MLM Business, you have a much better chance of sticking around the industry for the long haul and achieving the success you desire.
Today, I want to show you how to do that. I want to give you seven ways you can get paid today while you build your downline. These income streams/strategies are listed in no particular order. They won’t apply to everyone, but I’m sure there is something on the list that would work for you.
# 1 Retailing
I know, I know, this option doesn’t sound very sexy. But retailing is an important part of your network marketing business. Every rep should have at least 10-20 customers before they go out and sponsor ANY distributors. Having customers gives you immediate retail profits. You will make more money from 20 customers than you will from 20 distributors, so get some customers. This gets you paid today, while you build up your team and build up your residuals. I also enjoy the retail to recruit concept.
# 2 Sell Leads
Every network marketer needs more leads. Not having enough leads is quite perhaps the biggest cause for failure in our industry. There are plenty of lead services online that offer affiliate programs. In many cases you can earn 20% to 50% off each referral you make, so this will provide an extra, immediate income.
# 3 Sell Training
Training is a multi-billion dollar industry, even in the network marketing world. Everyone in our industry needs more training. This could include coaching, seminars, CDs, DVDs, mastermind teams and more. You could create training products yourself or market someone else’s training materials for a commission (as an affiliate).
For example, maybe you can form an affiliate relationship with someone who makes training products and earn a 20 to 50 percent commission per sale. What’s great about selling training materials is that every other network marketer is a potential prospect. In addition, you could back end your happy customers into your network marketing business. Here is my favorite training program.
# 4 Sell Advertising
If I was going to start all over again in this industry, this is what I would focus on. Everyone is a prospect when you sell advertising. Every network marketer wants more leads. You could sell solo ads, newspaper ads, magazine ads, pay per click ads or just about anything else. You could handle all aspects of advertising for people, or they could pay you a fee for you to help them pick the right marketing mediums.
# 5 Sell Services – I love the services industry. I sell lots of services myself such as newsletter service, coaching, copywriting services, auto-responder campaigns, blog design, article writing, social media campaigns, and so much more. Most network marketers need someone to help them do these things.
# 6 Sell Affiliate Products – This is quite perhaps the easiest way to get started with the get paid today concept. This is when you partner up with someone else who has a product or service and you get a commission for selling it. You spend all of your time on marketing the product or service and the affiliate manager handles the money, customer service and product delivery. I personally promote about 40 different affiliate products myself and I can tell you that it works.
# 7 Top Tier MLM Programs
This is when you promote a company or opportunity that pays you $500 to $1000 or more per sale. Some people call it high ticket programs or top tier programs. With these programs you only need to recruit a few people each month to make a substantial income. My favorite top tier program that I promote is Elite Marketing Pro. This can provide a big, immediate income while you build up your residual with your MLM Company.
These are just seven examples of how you can get paid today while you build your MLM Business.
There are several benefits of following this approach. First of all, it’s much easier to find prospects. Few people in the real world are looking for a new network marketing business opportunity, but most network marketers are looking for leads, training, coaching, advertising and services to help them with their business. That creates a huge opportunity for you.
The next major benefit is that you can earn an immediate income while you build your network marketing business. It’s much easier and quicker to make a full time income promoting one or more of these services than it is to make the same income building a downline. I think that network marketing has greater long-term potential than selling any of these get paid today models, but it does take a while to build up a large MLM Income.
The final benefit is that many of your customers can be converted into distributors in your network marketing business. As you build up a list of people who buy something from you or hire you to help them, you can introduce them to your network marketing company on the back end.
The Get Paid Today model is here to stay. While I love network marketing and know it has a huge potential, I think it’s wise to have multiple streams of income at the same time. Selling leads, training, services, advertising or affiliate products is a great way to make money today and find prospects for your network marketing business at the same time.
What are your thoughts? What do you think about the get paid today model? Leave a comment below to share your thoughts. I look forward to hearing from you. Have a great day!