A Step-by-Step Plan to go Full time in your Network Marketing Business.
So you just signed up with your company or you have been a distributor for awhile your goal is too earn a full-time income over the next year lets just say it is approx $5000 a mnth
Great goal! How do you do it
It is very tough to get a handle of what it is like to be earning $5000 per month, with a downline of 200 – 300 people when you are brand new with a downline of zero and not even one prospect yet. So lets break it down and find out what it means to become a great sponsor.
First, what you need to do is figure out how many people would you need to sponsor personally. Let me help you out with this, from my experience you probably would need to sponsor at least 36 people. You also need to look at what would be your target market.
OK, now you have something to work with. In one year you have to sponsor 36 people to hit that “average” mark. Now, I don’t know about you but I can only do one thing at a time. That means I need to know what I need to do today so I can reach my goal one year from now.
Here we go.
First, to sponsor 36 people in a year you would, on average, have to sponsor 3 people per month. OK, step one done. Now you know on a monthly basis what you need to accomplish.
Second, how do you sponsor 3 people per month. If you use the average figure that for every 3 full presentations you give, you will sponsor one of them; you will need to give 9 or 10 full presentations per month.
OK, that is easy, you just need to find 9 -10 people each month who are *seriously* interested in what you have to offer. These are people who pass through the first stage of the whole process, your approach.
Third, to give 9-10 presentations per month you need to find 9 -10 people who are:
1. Wanting to start a business.
2. Want more time freedom to spend with the kids or just LIFESTYLE FREEDOM
3. Want to be free financially.
4. Fed up with their current situation in life.
5. (You fill in a reason, there are 100’s of reasons why people are
interested in Network Marketing)
Again, the averages say to find one person who is seriously interested you need to approach 5 people. That is 45 people you need to approach per month. If you work 5 days a week that works out to be 2 or 3 people per day. Great, now you know what you have to do each and every day to reach your goal of earning a minimum of $5000 a mnth. Note that I have seen people in my team follow this plan and they are now making well over $10,000 amnth.
Here is where you find out if you are treating this like a business or like a hobby. If you are approaching several people per day and
giving 3 or 5 presentations per week, its a business for you. If you are approaching one or 2 people per week or only working one day per week then its a hobby
What do I mean when I say,
“2 or 3 approaches per day
An approach is when you share a little information with a lot of people. This can either be a business card(drop card) you give to the (gas station attendant, waitress, guy in the elevator, etc) to go to your marketing site like for example I use www.Steamteam.ca or my capture page www.wedocreatemillionaires.com. A product brochure given to a co-worker, or a text message to somebody you haven’t seen for awhile asking if they would be open to reviewing an incredible global opportunity or copying your company business presentation on a dvd and asking your contact if they would take 10 minutes of their time to watch the DVD, Now when they do this, and if they say they are interested, You take them to your website and or our webinar presentations or a live business presentation in you local area, then 3 way (phone call) them into your upline.
I am sure there are some real go-getters out there that are thinking, “I want to full time in 6 months, not a year” No problem, just take everything and double it. Now you need to approach 4 or 6 people per day to give 18 presentations per month (at least 4 per week) and sign up 6 people per month for a total of 36 people in 6 months.
Just use the principles I taught you to break down your big goal into an action
plan full of smaller, daily steps. Then share this with every person you bring into the business so they know how to reach their goals.
Keep in mind it’s real important to understand that Network Marketing is like any other industry/profession time and action will increase your skill sets to the point where you will get the results. In the book Outliers, author Malcolm Gladwell says that it takes roughly ten thousand hours of practice to achieve mastery in a field. Gladwell came to this conclusion after studying thousands of successful people from all kinds of industry business and in sports. So how does this apply to you in your Network Marketing career? Follow the plan I have laid out for you and if you don’t see the results I have stated continue working the plan and improve your skills sets and you will reach your goals and dreams.
Now that you have plan to earn full time income with your company all you have to do now is share your plan with your sponsor upline, mentor and make yourself accountable to them that you will follow through with it.
“Somehow I can’t believe that there are any heights that can’t be scaled by a man who knows the secrets of making dreams come true. This special secret – curiosity, confidence, courage, and constancy, and the greatest of all is confidence. When you believe in a thing, believe in it all the way, implicitly and unquestionable.” — Walt Disney
God Bless, Your friend