Article Resources
How To 100% Absolutely Guarantee That You
Make Money In MLM!
by Robert Blackman
If
you're like me you'd like to figure out exactly how to make money
in MLM. The problem is that there are more people claiming that
they are making money than there are people who are really making
money!
The problem with the MLM industry today is that it has a bad name.
Most business professionals today think of MLM as a "sleazy"
or "cult-like" business. I once thought that way myself.
When
I first got into MLM I left all my common sense and my business
degree at the door.My reasoning was simple. If I wasn't a millionaire
in my own business and these MLM guys are, then they know something
I don't and are doing something different than me. Unfortunately
that is where my mistake began. I left my head at the door and led
with my heart. I believed everything I read, heard and listened
to that I could get rich overnight by being in a MLM company.
Here's
what I learned in my first two years in MLM (after I spent $5,000
and about 1,000 hours of my extra time):
If
you get caught up in all the hype and don't ask for the details
on how to exactly make money (a business plan) then your chance
of spending more money than you make is about 99.99%!
In
other words, if you don't treat your MLM business like you would
a $100,000 franchise then you re headed for failure--or you'll stay
in until you run out of money!
This
isn't to say that some people haven't made money in MLM without
applying true business principles, but what I wanted to know when
I joined a MLM is how to SECURE my income so I could develop a walk-away
residual income!
The
problem was that NOBODY could tell me how to do that. I seemed to
be the only businessman in the whole company who asked sound questions
like:
"How
do you sign someone up?"
"How much does it cost to sign someone up?"
"What percentage of people order every month?"
"How many people actually sponsor someone?"
These
are just a few of the questions that when asked, everyone looked
at me like I had just passed gas at church. You see the real problem
lies not with the intention of your MLM Company or even with your
upline. Most that I have run into are decent, hard-working and energetic
people.
Most
I would even trust alone for an hour or two with my wife and daughter.
The
real problem in MLM today is that NOBODY is telling the WHOLE truth
about how to go about making money is this wacky business!
When
I took over the monthly payment of $1500 from a printing company
at a bank auction back in 1989 I asked a lot of questions. Especially
this one, What happens if I don't make the payments on time?
You
guessed right; I'd loose my printing company! You see, I don't mind
hard work and I'm a real teachable kind of guy. I know I don't know
everything that there is to know about business and I'm willing
to learn HOW TO from someone who is where I want to be.
My
problem in MLM came from trusting people who weren't making any
money! And that they weren't telling me the WHOLE truth-- just half
of it.
So,
if you're a frustrated networker like me, here's the WHOLE truth
about what I know about making money in MLM--or guaranteeing that
you make money.
Rule
#1
You
have to get your downline to order your product or use your service
EVERY month!
The best way to ensure this is to get your new recruit to sign up
on the Auto-Ship or Insured or Standing Order program with your
MLM Company. This is where your new downline member joins and orders
a pre-determined amount of product. And, they have these purchases
drafted every month from their checking account or credit card.
Now
what if they don't want to do that? Well that tells you something
about the person. Either they're paranoid or they really aren't
committed to making money. This doesn't make them a bad person;
it just helps you categorize them as a recruiter. You see, as a
MLM businessperson you have to learn how to know who you're talking
to--not who's talking to you! In other words, don't believe their
signing up and will do anything until the order with a canceled
check or Visa number is in hand!
One
such example I have personally experienced is with one of MLM companies
called The Gourmet Coffee Club. What I did wrong in this program
was to let people sign up for free or let them buy a $10 sample
pack--HOPING that they would take the initiative and sit down, fill
out the insured order and mail or fax it in to the parent company.
After
working my butt off for a year I found that I had 1817 people in
my downline with only 352 of them on the insured order!
So,
in reality I didn't have 1817 people in my downline, I only had
a downline of 352! And of the 1465 that were left over 90% of them
hadn't ordered anything in six months!
This
is where I learned the value of having people join on the insured
program. I lead with the insured plan, if my prospect hesitates
or I feel resistance I don't push, instead I offer for them to try
the product or service for 30 days and if they like it, they can
join on the insured program then.
With
this technique I have found great success. It helps me understand
my prospect more. You see, I don't know 100% of the people who answer
my ads. The only way I know that they are serious about making money
is for them to show me the money! If someone digs down deep into
their pocket book I know they're serious! My studies over the last
8 years in MLM tell me that if someone doesn't order anything their
first month in the business that there is a 95% chance that they
NEVER will!
So,
encourage your newest prospect to join on your insured program.
Tell them that their downline will only do what they do. And would
they like a group of 100 people buying product or not buying? I
think they'll get the message!
Rule
#2
You
must have some sort of recruiting System or have a method where
you and your downline are getting a consistent flow of NEW prospects
to talk to! How many times have you joined a MLM and once you got
the start-up kit, maybe called a few friends you quit? Once, twice,
or how about a dozen times. Well that was me, too. What scared me
to death after I found out about my 352 insured distributors in
the Coffee Club, was that less than 10% were trying to do anything
at all to recruit others. So, in reality I had a dedicated group
of 35 distributors out of 1817--a whopping 19.26% of my group was
actually duplicating my efforts! Cancun here we come!
So,
how do you get your group to get going? Simple. YOU must offer some
sort of duplicable recruiting system that they can participate in.
Out
of self-defense I have created a system of self-mailers, post-cards,
recruiting tapes and advertising co-ops. Why did I do that? Because
I found that over 80% of my group--although they were buying product
every month--they weren't doing anything to sponsor anyone!
When
I developed a duplicable recruiting system of marketing materials
and ad co-ops my group began to grow a consistent rate of about
10%! It wasn't the kind of growth you hear about on all the hyped
up tapes that I had received in the mail, but a more realistic growth
that you would expect in a traditional business.
By
using these simple rules in MLM I was able to increase my income
from $10,000 to well over $100,000 a year. I give all the credit
to my system. I'm no star salesman. Instead, I stopped listening
to all the hype and started over--simply by applying true and sound
business principles!
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Robert
Blackman is President of Diversified Enterprises Inc. A printing
and Direct marketing company. He is also President of The Profit
Network, a Voice Mail & Fax-On-Demand MLM company. Not only
is Robert successfully making money in 7 different network marketing
ventures, he also provides a discount printing, writing, designing
and ad placement service!
Want to know how to make money in any MLM? Now you can! Robert Blackman's
two cassettes & book entitled, "How To 100% Absolutely
Guarantee That You Make Money In Network Marketing & How To
Sit Back & Get Rich In Any MLM" is now available. For complete
details on how to get them today; contact Robert Blackman via email
at: robert1mlm@aol.com or call him at: (918) 335-3726
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