Big MLM Tip of the Day: MLM - You Already Do it, Why Not Get Paid for it

You have been recommending products since you were 5 or even younger. From the first time you saw that new toy on TV and told your parents how great it was, you were taking part in word of mouth marketing. 

Why not get paid for it? 

In short, that is the primary function of network marketing. You recommend products or services to others, then help them learn how to recommend them to still others. There just happens to be a compensation plan attached so that you each get a portion of the profits from these sales.  

Seems simple right? 

There are a lot of MLM failure stories out there that suggest it is not so simple. Without a good coaching and mentoring program, including methods on how to create MLM leads online, you are going to struggle. 

With a solid duplicatable system, all that is left is your effort. Check the MENTORING RESOURCES page for such a system.

Big MLM Tip of the Day: Overcoming Objections: "I could never do that"

This is the phrase network marketers should fear more than any other. If what you are doing is not, or does not appear to be, duplicatable, you are in trouble. 

Fortunately, this is an easy one to overcome. As a matter of fact, if you are aware of this potential problem, you can be sure, in advance, that people will not have this objection. 

Just ensure them that anyone can do it with the right coaching and mentoring, and then offer it to them. If you want such mentoring and coaching, click the "Mentoring Resources" tab at the top of this page. 

Another way to reassure your prospects is to borrow a line from one of my mentors, Michael Dloehy. "I will believe in you until you believe in yourself."

Big MLM Tip of the Day: The Answer is… More than 60%

Look up that stats if you like. Almost any sales job, from insurance to real estate or new car sales, has a really high attrition rate. How high? In almost all sales jobs, more than 60% quit before they ever earn a single commission. 

Given these facts, why do so many in MLM treat it like a sales business? Do you want to follow such a failed model? I don't. 

I've said it before. MLM is a people business. More importantly, it's a coaching and mentoring business. You need the right coaching and mentoring so that you can go out and do the same for others. Find a good training system that stresses relationships, not sales, and you'll be on the right path.