Making money in network marketing is simple, it’s just not easy!
You can follow some simple tips consistently to build your business into a successful profit maker. These are the same things that I did when I started my business part time.
1 – Stick to Money Making Activities
How you spend your time is crucial to your success in any home business. I talk to people all the time who tell me they are super busy but not making any money.
I always ask exactly what activities they are doing.
Here’s the deal …
There is busy work that makes you no money.
And then are income producing activities that actually help you earn. These include:
Prospecting
Presenting
Exposure
Closing
If you are “busy” reading your Facebook feed or constantly checking your email, that does not count as income producing activities.
Reaching out to people about your business and products should be your first focus, followed by helping them understand how your products, services or business can help solve their problems.
2 – Take Your Business Seriously
Viewing your MLM business as a REAL business is one of the most important things you need to do. The majority of people do not succeed in network marketing because they don’t view their business like a real business.
They treat it more like a little hobby and don’t take it seriously. That is a formula for failure.
If you started a traditional business or a franchise, it would cost you hundreds of thousands of dollars in startup costs. You would treat it like a serious business, wouldn’t you?
Just because your home business has a low startup of a couple hundred dollars, treat it like any other business if you want to make a huge profit.
3- Make Sure you Love the Products or Services
It would be silly to base your business on products or services that you didn’t love or even like a little bit.
If you don’t love the products, why would anyone else love them?
You may get caught up in the hype over all the potential money you can make without really researching and using the products.
I recommend that you research and use the products (or service) before you explore the income potential.
Building a business with products you love is much more profitable than trying to sell people on stuff you don’t like.
This may seem obvious but people do it! Don’t be one of them.
4 – Don’t Annoy your Family and Friends
If you find your friends and family running the other way when they see you coming, it’s probably because you are persistent in trying to get them to use your products or join your business.
Now, if you want to stay on good terms with these people, don’t do that! Certainly it’s good to let people know what you are doing, but they may not be your target market.
For example, I lead a very healthy lifestyle. If a family member tries to constantly aim their weight loss products at me, I will get annoyed since I am definitely not their target market.
Do some market research and discover what type of people are in your target market and then find them.
Better yet, let them find you using attraction marketing methods!
5 – Be a Good Listener and Present Solutions
Are you so excited about your business and products that you blab on and on to people? Not good! It’s important to be interested in the other person and understand their needs.
No one wants to listen to all the details of your product, especially when you haven’t given a moment to understand if it’s even a solution for your prospect.
Be a good listener and be more interested in hearing what your prospect has to say. Ask questions and find out what their problems are. Only then can you educate and present your offer as a solution.
Starting a network marketing is exciting and can definitely change your life for the better in many ways.
