Wednesday, June 6, 2007
Online MLM-- Add another Income Stream to keep you in the Game
doors open. Too often in MLM, people reach the point, often
around tax time in their first or second year, when they sit down
to review how much they have made versus how much they have
spent; and it just doesn’t make sense anymore.
Early on we start out with enthusiasm expecting early
success and for some of us this happens. But for most,
success in MLM doesn't come at all...and for those of us
who stay the course, it takes some time to show up. It's a new
way of doing business for us and there is a learning curve
that is often longer than we expected.
On appraisal we are shocked at how much we have spent and
how little we have earned. We become disillusioned and we
quit because we just aren't willing to spend any more money.
We lose our dream...and then we quit. And almost always we
have a sense of regret. We failed and it hurts. We got
excited! We had such high hopes that this business could
change our lives...but it ended up costing too much to
operate and we just couldn't make it work fast enough.
Is there a solution?
Fortunately for us there is and it's called the "funded
proposal"; which is just a fancy way of saying "find a way
to make some extra up-front money fast in a way that also
helps to build your MLM".
The fastest way to do this is to find an affiliate product
you can market on the web and advertise it via
Pay-per-Click, article marketing or other online media.
You can next create "how to" books of your own to market on
your site.
From your early sales of affiliate products and your own
books will come the initial funds to finance your marketing
efforts . This is how you generate your marketing budget.
You will now be able to stay in the game until the
exponential growth of a flourishing MLM business kicks in
and the big money truly begins to flow.
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Go to : http://www.homebasedbusinestheweb.com/cap/
to get my Free Book: "3 Surefire Ways to make money online"
or
Visit my website: www.successdynamix.com to learn more.
Tuesday, June 5, 2007
Online MLM - Rejection Free Prospecting
One major reason we quit MLM is pretty obvious...the pain of rejection becomes unbearable.
Our sponsors tell us:
"Learn to love it when they say no--you're so much closer to a yes; some will, some won’t, so what etc."
Yeah, right!
Unless you are a complete masochist you will never learn to love rejection. Typically the average new distributor takes two rejections and quits and frankly I don’t blame them. Who needs this noise anyway.
So how are we going to get over this?
Time and again distributors say to me: "Show me a way to build my business without rejection and I’ll do it."
Well my first advice is this: absolutely do not introduce your business to your family and friends or even strangers until you can show you have some success and can teach them to work efficiently and rejection free...that's what we'll talk about here today.
Often times your upline will tell you to purchase a list of leads and cold call them.
From countless hours of wasted effort (and money) I can tell you that the only people making any money from this would seem to be the Leads Brokers. I know of many MLM stars who claim to have built their business this way but I don't know anyone who is making it work in todays environment. Doesn't mean that nobody is...just that I haven't heard of them.
Everyone I talk to struggles to be successful at phoning a list of leads with minimal success; and besides, there's tons and tons of rejection.
The best way I know to build your business faster is to expose more people to your business in less time...use the internet to leverage your efforts.
Instead of showing your marketing plan to interested prospects in a meeting or a one on one presentation you direct them to your website to view a professional presentation online, usually created for you by your MLM company or one of your upline leaders.
There are countless ways of getting prospects to your website. You can put flyers in mail boxes in your neighbourhood, place notices on bulletin boards, use Pay-per-click advertising, post comments in chat rooms etc.
But the single most effective way that is almost cost free is to write articles and post them at article directories.
Visit my website:
http://www.homebasedbusinessontheweb.com/cap/ to download my free book.
or http://www.homebasedbusinessontheweb.com to learn more.