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Saturday, August 14, 2010

Harness the Power of the Internet.

The Network Marketing industry has the power to build more millionaires than any other industry in the world. Yet thousands of network marketers constantly get cursed by failure while they are trying to reach financial freedom. So let’s see what we can do to cure them.

Curse #1: Prospecting VS. Marketing
Most network marketers are told by their upline to “prospect” and pitch other people their opportunity. This means that you are constantly chasing other people. By “marketing” your business the right way you can position yourself as a leader and attract prospects towards you and your business.

Curse #2: Pitching Uninterested People
By pitching every Tom, Dick and Harry your opportunity, you are pitching to a group of unqualified, uninterested people. By using tools available online and by using smart marketing tactics offline, you can target a specific market of interested, qualified people.

Curse #3: Running Out Of Prospects
Everyone only knows so many people and when that list is exhausted you have to resolve to buying leads and pitching random people on the street. This can be tiring and expensive. Instead of doing this, you need to be attracting people towards you by advertising and creating good and free content by using a source as abundant as the Internet.

Curse #4: Running Out Of Money
Most Network Marketers spend all their savings because they are not able to recruit enough people in their first few months. Remember that this is sales and it does take some time for your pipeline to grow. The solution is to have a Funded Proposal where you can make smaller but decent income in a matter of weeks, not months even if people DO NOT join your main MLM business.

Curse #5: Little Or No Duplication
The average Network Marketer still has a full time job. So where will they find the time to train every single one of their new recruits? It becomes an endless and tiring cycle of training new reps. Instead, there needs to be a system in place where new reps can go and plug themselves in to get all the training they need through webinars, tools and resources.

Curse #6: Repeated And Wasted Effort
Going to 10 meetings a day to pitch your business opportunity for your entire career as a network marketer can be extremely challenging. People run out of steam and it becomes very repetitive. It is easier to be able to create good content like articles and videos and post them on specific sites online which will work for you on auto pilot 24/7.

Curse #7: Unable To Build Trust Without Constant Follow Up
In order to be successful, network marketers are always playing the “follow up” game. It is essential to building trust with prospects especially when you start to hit the cold market. You can build a much more meaningful relationship with your prospects on auto pilot just by setting up your own auto responder email series and incorporating videos and other media of yourself.

Curse #8: Stuck In Prehistoric Times
Over 95% of Network Marketers out there are still stuck in prehistoric times and are using very old methods which are ineffective for most people, to try to capture modern day prospects. Why not use current forms of marketing like the Internet which are much more effective.

Curse #9: Wrong Mentality
A lot of Network Marketers out there think that this business is a “get rich quick” thing. They come in with the wrong attitude, get burnt and then wail about how all MLM’s are a scam. The sooner they understand that Network Marketing is a real business and takes time to build, the better it will serve them.

Curse #10: Over Diversifying
Spread your eggs into different baskets. That is what we are taught. We are not buying stocks and investments here however. And with Network Marketing, it is important to focus on ONE opportunity. How can you expect to be successful in 3 businesses, if you are not even successful in one? FOCUS is key
FIND OUT HOW TO TURBOCHARGE YOUR NETWORK MARKETING BUSINESS

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