I have learned that in life, “Common Sense is common only to those who have sense”. The way the “those” in that last sentence have sense or gain sense, is through experience and practical application of what they see and observe. These mistakes are often ones of attitude, missed judgment calls, or misinformation.
So let’s take a “Common Sense” look at
Nine Networker Newbie “No-No’s”:
1.) Inflated Earnings Expectations. – There are many millionaires in the Network Marketing Industry. There are also many millionaires in the NBA as well, but how many schoolyard ball players make it to the NBA? VERY FEW! Realistic expectations for the average part-timer should be an extra $400-$500 per month. Don’t sell anyone else the millionaire line. It may happen, but it simply is not the average.
2.) Don’t Think Short Term. – The Network marketing business is like any other worthwhile endeavor. Realistically, a distributor should not expect to see the real fruits of their labor until at least six months into their business. Those who have been truly successful have been at it a long time. Don’t expect it overnight and never quit working towards the goal.
3.) It’s Not Easy Money. We have heard it a million times, we may have even believed it a time or two. This is one of the things I hate most about the industry. People seem to think that the pitch should be “easy money”, you don’t have to work, you don’t have to sell, you just make a list, sign a few people up and they do all the work for you! Experienced Network Markers will tell you that it is not an easy money game. It is not merely a recruiting game. Distributors who are successful know their product, know their customers, know the company’s vision, and are prepared to do that which is necessary. That is why it is called “NETWORK” Marketing, because everyone works!
4.) Freebie Product – Forget About It! You get what you give and you take what you get! It’s not about offering something for nothing, it’s about adding value to what you have! I cannot stress this enough. Show the benefit and cost savings with your products! This is Paramount!
I am going to pause right here and just interject something about any company here that is absolutely key… Make sure that you company is something that is simple and easy to explain. For example: See here and let a 5-year old girl breakdown how easy it is for you to come aboard my company. Then get back to the list!
5.) Don’t Ignore the Company Track Record. A distributor who is looking to increase their odds of becoming successful is looking for a company with a good, strong, firm, and consistent track record. A track record demonstrates quality of management and products. This is very important for those who are genuinely “business builders”.
6.) Run -Don’t Walk! – You should avoid a company who requires you to carry large investments of inventory. The monthly minimum should be what you can realistically use in a single month. Autoship programs for both customers and distributors, represents a far more fair and long-term approach than large front load requirements.
7.) Look for Products that Everyone Can Afford. – However if you have a good product, the product can be sold to everyone, you have a good thing going. Far too often distributors concentrate on the compensation plan and earnings hype then spending time looking at the profitability of the products or services offered by a company. A company with an exclusive product, that everyone wants, gets used up, and must be replaced; has the means the ability to pay commissions in the long term from the sale of the products.
8.) Don’t be an MLM Junkie. – Very few distributors in the industry have developed the ability to work multiple programs effectively. These types of distributors are few and far between. Focus and energy is hard to keep up with one company and its products, let alone several. Focus in on yourself, your goals, and your desires in one direction.
9.) Turn off the TV. – Activity that leads to Productivity is the name of the game in network marketing. You must do more than complete the distributor application; call your friends and sit back waiting for the money to be rolling into your mailbox. The most successful people in network marketing are the ones who are constantly recruiting, selling and calling upon the same prospective customers and recruits multiple times.
If you realize that you have been “HAD”, “TOOK”, “BAMBOOZLED”, “HOODWINKED”, “LED ASTRAY”, or “RUN AMUCK”… Then STOP!
I hope you found value in today’s post and I look forward to receiving your comments and connecting with you.
Talk to you soon!
Your Champion Strategist,
with Winning Results!