Network Marketers

…Or has it? “The old school ways of prospecting friends and family, cold calling leads, holding meetings and trying to convince people to look at your opportunity are DEAD!” – a lot of online networkers will tell you.

Well in my opinion, they NEVER had a chance to live! Don’t know about you but I certainly failed miserably doing some of those things.

BUT… whether building online is better than building offline is a debate where I’m more than happy to be a fence sitter.

See, if I told every person who joins me that in order to be successful, they’d have to learn “attraction marketing”, create a blog, post an article just about everyday and learn SEO, how successful do you think I’d be? NOT VERY is my guess. [click to continue…]

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Have you ever received a phone call, in the middle of dinner, from a doctor asking you if might just happen to be sick and would like some treatment or diagnosis? I doubt it. I’ve never received any such phone call.

You go to the doctor, he doesn’t come to you. You seek out his advice and if you believe him, you do as he tells you to do. Why? Because in your mind, the doctor is the expert who can help you with your ailment.

It’s pure genius what the medical industry has done to make almost everyone just go straight to them when they have a health problem.

As a network marketer, there are basically two ways you can build your business… [click to continue…]

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A couple of years ago when I was working full time as a mechanical engineer, I shared a “Dilbert Cube” with a colleague and we became good friends. I was reading a lot of Robert Kiyosaki books and other personal finance books at that time and I openly shared my learnings with him.

He asked me what I was going to do with my new found knowledge. I told him I was going to find a good network marketing company to get involved with. He just laughed.

He proceeded to tell me “Network marketing deals are rip offs. I’ve been exposed to Amway, Neways, Usana, etc. You can’t make money in those things!” I didn’t prospect them for my business, but several other colleagues told me the same thing, and they even told how I would lose all of my friends. [click to continue…]

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In this world, we have a wonderful industry of network marketing, where there’s an awe inspiring culture of people connecting with each other, believing in each other and helping each other achieve success. However, there is a dark side to this industry that’s taking advantage of the good will of the people who participate in it.

There is an over abundance of pyramid schemes who are masquerading as network marketing opportunities. Pyramid schemes by definition are illegal because they are only sustained by the endless recruiting of new participants into the scheme and they impoverish 99 people for every 1 that benefits from participating.

Being a rep for a pyramid scheme is bad, bad news. Over the past 10 years, the Federal Trade Commission (FTC) has shutdown 17 illegal pyramid schemes and collected more than $90 million lost by victims. But more and more, the Government is not just going after the perpetrators of pyramid schemes, they are going after the top earners as well. [click to continue…]

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Everybody knows that building a downline is hard work and that steady residual cashflow is not immediate. It may take months to years of dedicated work in building strong relationships and sponsoring people to eventually generate enough income so you can walk away from the daily business building activities and retire to the MLM lifestyle.

In the meantime, networkers must spend a lot of time, money and energy promoting themselves, and their “solutions” to attract the right prospects. For most people, money is the major issue. They need money to pay for their monthly autoship, for advertising, for the long distance phone calls and other overhead.

So what’s the solution to this money problem? Is it the “Funded Proposal”? There are quite a few people who say that it is a great way to generate “instant” cash and even make a substantial profit while you build your network marketing business for leveraged income. But is this really true?

There are ALWAYS two sides of the coin… [click to continue…]

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Have You Listened Just Enough?

by Wayne Wu on December 16, 2009

in Understanding People

Have You Listened Just Enough?A lot of network marketers fail and lose their dreams to become successful and financially independent because of rejection, or the fear of rejection. The word “No” has taken more good people out of this industry then any other word in the English language!

The problem is traditionally, network marketers are trained to talk to everybody about their business. Everybody is fair game – the pastor, the police officer, the waitress. I was in a company that really hammered this home – “If you’re not showing 15 plans a month, then you’re not serious, this business is just a hobby!”

And this is why we, as network marketers, face so much rejection – because we’ve been trained to talk, not trained to listen. Unless you’re a well trained, super slick salesperson with inch thick skin, you can’t take that much rejection on a daily basis. [click to continue…]

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