Network Marketing – How the TOP Producers REALLY Make 6-7 Figures!
Posted in success in MLM on August 31st, 2011 by adminThe Network Marketing or MLM industry is over 60 years old, but there are many people that still don’t know what to make of it. We will touch on the basics of this highly misunderstood business.
Network Marketing explained in it’s simplest form is: As a “distributor”, you get paid at least 2 ways. The two common ways is when you sell the company product, AND when you convince other individuals to join your company under you. There are some techniques the TOP EARNERS use to CONSISTENTLY generate $100,000 yearly RESIDUAL incomes! 98%+ of people in MLM are UNAWARE of this, therefore they don’t stay in it long enough to discover how it’s done and they actually continue to LOSE money. So why is it such a seemingly SIMPLE and lucrative business have such a HIGH failure rate?
When a person signs up for a Network Marketing company, they have big visions and dreams of sitting on the beach while making money, driving the nicest cars, living in the nicest homes… All the things most of us desire in life. Fact is, just a VERY SMALL percentage of people will EVER get to experience that type of lifestyle. Not because MLM doesn’t work, the Network Marketing model DOES work, but the way to put it all together for the new person is flawed. Here’s why.
The way every new person is taught to build their MLM business is to MAKE A LIST of 50-100 people which sounds good at first. But that list will consist of “friends and family”, co-workers, church members, the check-out girl at the grocery store, etc… You as a new person think that all these people will “do you a favor” and help you in your business. After 10 of those 100 people says NO to you, you forget about the other 90. You are now in “desperation mode”. You start to buy “leads”. You purchase 30 “New, Fresh” leads for $120, which they’re nothing more than “job hunters”, not Network Marketing business seekers. After they all REJECT you, you basically pack it in after that. Most quit, move on to another “opportunity” or go back to loving their J.O.B. even more. As you can see, the way we have been traditionally taught build a business DOES NOT WORK.
That’s the MAIN reason why the FALLOUT rate of Network Marketing members is ASTRONOMICAL. The new person is taught to CHASE down people who will never be interested in your opportunity. The new person is told to buy DEAD leads, pass out fliers, stick signs on their cars, etc… Again, VERY ineffective ways to build a business in this day and age. The TOP earners KNOW the secret to long-term success, but most will NOT share it with the new person because that is “advanced” training. It’s time to level the playing field.
Learn the secret the TOP earners use to attract ENDLESS prospects BEGGING to sign them up!
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About the Author
Robin Hudson is dedicated to bringing you anything and everything Network Marketing!