Article by Ket-Sang Tai (Online Marketer)
At the end of last year, I wrote an article about the 10 ways to make 2010 a better year. If you have not read it, you can find it here. This year, I am going to give you another 10 tips to have a better year (2011) in term of making money in your MLM business.
1. Find A MLM
Yes of course this is the first thing you need to do. If you are already in a MLM business you are committed to, then you are sorted. If you are still looking, find one with the best training, support and system. The company, compensation plan and products are also important but I believe you should put more emphasis in the training, support and system, as without these, you will not succeed in any business regardless of how good the company or products are.
2. Stick With One MLM For The Next 12 Months
Once you have found the right opportunity, stop looking. Do not even consider anything else. Although as a whole we should be open-minded but for the sake of making money in MLM in the next 12 months, be close-minded and laser-focused for the next 12 months. If someone shows you a ground floor, prelaunch or “the best and latest” opportunity, say “no” and “thank you” politely. There is only one good opportunity in 2011 and that is the one you are in. Period.
3. Find A Mentor
Find a successful leader in your company and learn from him or her. Your mentor does not have to be your direct sponsor but preferably in your upline support team to ensure that they have a strong interest in your success. You can also find a generic coach outside your MLM but please be careful about this as there are a lot of so called ”gurus” or “coaches” whose main goal is to sell you their expensive tools.
4. Use A System
System, either online or offline, is essential to your success in MLM. Hopefully the company or team you choose will provide you with a good system. If not, you can always find a generic marketing system to use. If your company has a binary compensation plan, that is a great generic system you can use. I don’t particularly recommend one of those complicated “Attraction Marketing” system because personal experience and experiences from many successful network marketers tell me that those system are too complicated to allow duplication.
5. Expose Your Business To 2 Person A Day
Either online or offline, try to expose your business opportunity or products to at least 2 person a day. If you commit yourself to doing this, you will have 730 exposures in the next 12 month just by doing this simple task.
6. Use The Products
I really don’t understand people who are in MLM but do not use their own products. Can you imagine you own a coffee shop and you go buy coffee from Starbucks? What does that say about your own product? If you want your customers or members to believe in it, you better believe in it yourself. Set an example and be the product of the products.
7. Attend at least 1 Major Event
If you can, do this at the beginning of the year. Most companies have major events like conventions or conferences in major countries they are in. Get to the event and bring some people with you. It is a well known fact that events create momentum in businesses. This is what the successful people do. So to be successful, you have to do it too.
8. Commit To Personal Development
Find a way you can constantly improve yourself. Set yourself a goal on how many personal development books or audios you want to go through in the next 12 months. I highly recommend Robert Kiyosaki, Jim Rohn and Brian Tracy’s products. If you want a good MLM related training audio, Eric Worre’s Go Pro is a good buy.
9. Be Professional
Treat it as a real business and be professional about it. Stop treating your business as a hobby or put it on hold when you are busy. If you have spent $1 million buying a McDonald franchise, will you stop doing business when you are too busy with other “stuffs”? Treat your MLM business as a real business and your only ticket to financial freedom. Be proud of what you do and be professional.
10. Commit Yourself and Your Team to The Steps Above
Be accountable to yourself and be responsible to your own success or failure (hopefully not). Make you follow all those steps mentioned above, and more importantly, get your team members to follow as well!
I do honestly think if you can do all these in 2011 consistently, there is NO REASON why you can’t make money. Tell me at the end of 2011 how you get on!
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