101 Ways to Build a Successful Network Marketing Business
HOW TO BUILD A SUCCESSFUL NETWORK MARKETING BUSINESS? 101 BEST WAYS TO BUILD A SUCCESSFUL NETWORK MARKETING BUSINESS. To succeed, jump as quickly at opportunities as you do at conclusions. Benjamin Franklin, 101 Ways to Build a Successful Network Marketing Business Why network marketing? Reality versus fiction The most important message
101 Ways to Build a Successful Network Marketing Business
- Choosing your network marketing business
- It is a business
- Understanding how your business works
- Using dreams and goal-setting to succeed in network marketing
- We all need training and we all need support
- Develop yourself
- It’s a network of people
- Products and selling
- Prospecting, contacting, and inviting
- Presenting your opportunity to others
- Some of the challenges we all face in network marketing
- Attitude—it’s only everything
101 Ways to Build a Successful Network Marketing Business
Section 1 Choosing your network marketing business
- Finding the right network marketing business for you
- The good, the bad, and the downright ugly
- Networking versus pyramid schemes
- Take your time and do your homework
- Always get your information from a credible source
- Anyone can succeed in network marketing
- Many fail, but many succeed in a big way
- There will always be hurdles to overcome
101 Ways to Build a Successful Network Marketing Business
Section 2 It is a business
- Treat it like a business, not a hobby
- Make a commitment and your chances of success will increase
- Understanding the universal laws of business
- Network marketing is a numbers game
- You may not like everything about your business
- It’s not always convenient
- Manage your time, and profitability will come to you
- Having your door open for business
- Set up a separate bank account
- Manage your money wisely
101 Ways to Build a Successful Network Marketing Business
Understanding how your business works
- Understanding the alphabet soup of your business
- What is the ‘line of sponsorship’ and why is it important?
- Compensation plans and bonus scales
- Rewards and recognition
- Ethics and Conduct
- Get to know the company representatives
101 Ways to Build a Successful Network Marketing Business
Using dreams and goal-setting to succeed in network marketing
- It all starts with a dream
- Do you need a little help to define your dream?
- The power of the written word to help you achieve
- Surround yourself with the right pictures
- Let your dreams evolve
- Go dream-building
- Review your dreams daily
- Be wary of the dream-sealers
- Set your goals
- Review your goals daily
- Goals in the sand—dreams in concrete
We all need training and we all need support
- Plug into the support system
- Increase your knowledge to increase your income
- Find yourself a proven coach
- Become a good student and be open to learning
- Systemic your business wherever you can
- Don’t dilute the system
- Become duplicate to increase your earning potential
- Use all the tools available
101 Ways to Build a Successful Network Marketing Business
Develop yourself
- Moving out of your comfort zone
- Overcoming fears (and we all have them)
- The secret ingredient is motivation
- Dress for success
- Building relationships
- Staying healthy and fit is good business
- Finding that elusive balance
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101 Ways to Build a Successful Network Marketing Business
It’s a network of people
- It’s more about people than product
- Develop your people skills
- Understanding personalities (they are not all the same)
- Relating to other people
- Be the leader you want to be
- Teamwork makes the dream work
- Take your eyes off yourself
- Empowering people
- Lead by example
- Don’t expect others to do what you’re not prepared to do
- Have some fun
- People don’t want a ‘job’
Products and selling
- Know your products thoroughly
- Be a 100% user of your own products
- Pay for the products you use yourself
- Selling is part of any business
- A little multiplied by many equals a lot
- Using retail profit to help build your business
Prospecting, contacting, and inviting
- Making a list of prospects
- Never judge a book by its cover
- Continually add to your list
- Meet people, don’t go out and hunt for people
- Inviting people to look at your business
- Looking for lookers
- It’s an invitation, not an explanation
- Don’t try to convince people
Presenting your opportunity to others
- It doesn’t have to be perfect
- Be sure both partners are present
- Make a friend
- Sell the dream, not the business
- Don’t suffer from detail-itis
- Make the next appointment
- Overcoming objections
- Objections are sometimes questions in disguise
- Is it an objection or an excuse?
- Learning to overcome objections
- Leading people from objections to getting started
Some of the challenges we all face in network marketing
- Coping with rejection
- The people factor
- Disappointment is part of the game
- Politics
- People’s perceptions
- Negativity from those closest to you
- You won’t always hit your goals
101 Ways to Build a Successful Network Marketing Business
Attitude—it’s only everything
- If you think you can, you can—if you think you can’t, you can’t
- Don’t sweat the small stuff
- Surround yourself with positive people
- Read positive, reinforcing books
- Stay away from negative influences
- The power of being consistent
- Never give up,
101 Ways to Build a Successful Network Marketing Business
