How to build a successful network marketing business?

101 Ways to Build a Successful Network Marketing Business

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

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