Tips On How to Become Successful in M.L.M Business

1. CREATING MOMENTUM =>

 Kapag sinabing momentum ito yung tuloy-tuloy na effort o action mo paano ginagawa ang business. "DREAM FROM THE HEART", Isulat mo ito at ilagay mo sa isang lugar na makikita mo araw-araw - most of the time of your daily activities, iba kasi ang power kapag ang pangarap mo ay talagang galing sa puso mo, mas meaningful ito at mas madali mong maaabot.

The Cash Flow

The CASH FLOW QUADRANT

The E and S groups (80% of the population) – they own 20% of the wealth

The B and I groups (20% of the population) – they own 80% of the wealth

(( The B group (Business Income) refers to generating => PASSIVE income ))

When you study the CASH FLOW QUADRANT Chart above, you see that there are basically four (4) different sources by which income (or money) is generated, or earned. Most of us will have the potential to produce income from all of the 4 quadrants, but we tend to select only one or two - the primary one being that which we choose for our jobs, careers, businesses or professions.

PASSIVE Income - Earning a stream of dependable cash flows "while you sleep" is the dream of most people. The importance of being able to create on-going, largely "passive" income for yourself (especially if it can be done Online, from home) cannot be overstated.

Problem - It is very difficult (almost impossible) to develop passive income streams from a job or from providing services (Employees, and the Self Employed -including private practice health care professionals) - where you are simply trading "hours for dollars" -- "time for money" - because there is very little L-E-V-E-R-A-G-E in that. You'll need to find ways to "move to the RIGHT side of the Cash Flow Quadrant (the B and the I side) in order to build real wealth for the future (see diagram above).

Vulnerable - The "risk" factor for the self employed is high, because their income generally STOPS whenever "they" stop (sickness, accident, holidays, burnout etc). Unless they have a "backup" (a Plan B) - they are exposed - and if the bills and overhead don't get paid, that only adds more "stress" to the situation.

HOW to Develop 'Passive Income'? - There are many different ways to create "passive income" (real estate rentals // insurance renewals // royalties, from books, CDs // pensions // annuities // starting an eBiz, to market your own digital info. products, like eBooks, Audios, eReports, etc. // becoming an Affiliate for other's products & services (Affiliate Marketing) // Internet Marketing // Blogging //Network Marketing, etc).

Entrepreneurship - Each method requires its own skillset - each method has its pros and cons - but bottom line - the "concept" of developing PASSIVE INCOME - through LEVERAGE - and ideally, ONLINE, from the comfort of your own home - is very wise.

Becoming an entrepreneur or netpreneur (with the 'right kind' of an eBiz) is perhaps the best solution for the vast majority of people, because of its low startup costs, ease of operation, and high scalability (leverage, via the Internet). Such an Online business can lead not only to financial security, but true prosperity. Note this...

Passive (RESIDUAL) Income

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LINEAR Income (salary, wages, etc)

 

TIME Is MONEY - The reality is - there are only so many "hours" in each day - there is a finite "rate per hour" that you can earn (or charge) - you only have so much "energy" to go around when you perform your job / tasks / services, etc. You need to find ways develop more TIME LEVERAGE for yourself.

Bottom Line - If you're an E (Employee) or an S (Self Employed) - and your WAGE is your primary (or only) source of revenue - you are in an extremely vulnerable position. For the self-employed -yes, you are running a business, but if YOU need to be there to run it - that is still in the S category (Self Employment) - which means you're 'exposed' (vulnerable).

As good as the E (Employee) and S (Self Employed) on the left may be - as soon as you can embrace the B (Business Owner, with "leverage" built in, where YOU do not need to be there in order to run it) and the I (Investor) on the right hand side of the Quadrant, for any 'disposable' income you may have) - the better your financial future.

This does not mean "abandoning" what you're doing - NO (unless you wish to, or you feel burned out). It simply means this: positioning yourself intelligently, so that you have the right kind of a "B" (and/or an "I") option in place- to either supplement what you're doing - or to fall back on, should your primary source of income become threatened, or go away.

The CASH FLOW QUADRANT

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5 keys To Your Network Marketing Success

5 keys To Your Network Marketing Success

5 KEYS TO YOUR NETWORK MARKETING SUCCESS

SO YOU’RE LOOKING TO ACHIEVE NETWORK MARKETING SUCCESS WITH YOUR HOME BUSINESS?

Well that’s great because your success is right at your fingertips. I know this because you’ve been searching for it, and you finally found this article.

I also know there are better ways to achieve network marketing success than just buying leads, holding home meetings, and bugging your friends and family members.

So how else are you supposed to build a downline without knocking on doors like the JRS guy?

Simple: by becoming an attractive leader. Instead of trying to sell your opportunity to your friends, why not build knowledge, skill, and leadership that your prospects are thirsty for?

Make that your focus, and you’ll have endless amount of prospects chasing you to join your downline. Use these 5 simple keys to build your own value, and you’ll instantly become the hunted instead of the hunter in the network marketing industry.

Key to Network Marketing Success #1: Learn to Market.

Your prospects are hungry to learn this skill.  Knowledge is the key to your success. Its no wonder 97% of people fail once they’ve worked their warm market, and bought over-priced leads from lead companies that promised them the world.

Learn to generate 10-20 leads per day for yourself using low-cost, highly effective advertising methods such as FACEBOOK, and blogs. You don’t need to be an expert to use any one of these tools.

All you need are minor computer skills, and a resource that can teach you how to use these tools step by step. Just do a search on Google or Yahoo and you’ll find tons of resources that will teach you. Pick one of these methods and spend time mastering it.

Key to Network Marketing Success #2: Find a Mentor.

This is probably the fastest way to build value and become an attractive leader. I cant say enough how crucial this is to your success.

One of the most overlooked keys to network marketing success is to find someone who is already having the same kind of results that you want. Its important that you pick a mentor that will guide you, and has leadership qualities that you can mirror and take on.

Have you noticed that when you’re around someone long enough, you soon start to talk and think like them as well? Use this to your advantage.

So ask yourself, who are you hanging out with lately? Successful leaders? Or people who are struggling and thinking negatively? Find a mentor or two you can learn from, and do everything you can to be around them.

Key to Network Marketing Success #3: Sell Yourself First.

People are bombarded with business opportunities everyday, and you’re going to have a hard time separating yourself from the pack. It can be an agonizing uphill battle to sell your opportunity.

The best way to overcome this hurdle is to sell yourself first. Be an attractive leader to your prospects by sharing your knowledge with them before ever mentioning your opportunity and products. Gain their trust by teaching them how to achieve their own success before asking for anything in return.

Show them information, solutions, and a marketing system they can use to be successful with. By doing this, you sell yourself as a trustworthy and knowledgeable mentor that people will want to work with. As human beings, were naturally attracted to leaders.

Now you may be asking how do I educate and give valuable information to others when I’m not that successful? The answer lies in the next key to success.

Key to Network Marketing Success #4: Continue to Learn.

The network marketing industry is always evolving and always changing. Its on a continuous growth, and so should you. Stay current by reading newsletters, articles, courses, and attending live seminars.

If you’re new to the industry, then your objective at this point should be education! A vast majority of your time should be going towards learning. If you’ve been in network marketing for a while, then always be increasing your value.

You don’t want to get left behind. If you stop learning your success will stop eventually also.

When was the last time you purchased a marketing book and really studied it? Do it now if you haven’t. Once you stop learning, you stop growing. Once you stop growing, so does your income!

Click here for network marketing training that will help you with your network marketing success.

KEY TO NETWORK MARKETING SUCCESS #5: DON’T GIVE UP SO QUICKLY.

Its so easy to get discouraged early and get off track. You hear all the hype about people making multiple six figures within their first month of business. Unfortunately, some people hang all of their hopes on that hype, and bounce around from opportunity to opportunity.

Sooner or later, they’ll have to realize that its not the business or the product that’s failing. It is themselves. The Network marketing industry suffers from an alarming downline attrition rate, which means most people that join a business leave it within the first few months!

Understand that success is like learning to play an instrument. It rarely happens overnight, and it takes a lot of practice. Sure you can make a lot of money within your first year if you do things right, but you have to take small and measurable steps first.

Dedicate yourself to grow your business every single day, even if it means spending just 30 minutes on it.

Study, listen, read, attend training, and prospect on the phone.

Click here to Learn all the secrets to network marketing success that they aren’t telling you.

Handling frustrations when it’s not going fast enough.

This is probably the main reason why people get discouraged. We hear it over and over again. “It’s not going fast enough!” First of all, your frustrations are real and you will always have them. Even the greatest business leaders get frustrated from time to time. The key is learning to manage your frustrations so they don’t paralyze you or cause you to quit. We all have EXPECTATIONS about the way we think it should go. If it doesn’t meet our EXPECTATIONS, we get discouraged or frustrated.

STP

Show The Plan

One of the system taught by Bill Britt, the Founder of 642 Group that made the group so well known worldwide is their emphasis on the importance of sponsoring. The Law of Leverage or the multiplication of time is the most important secret to wealth and the main reason why many of us join the network marketing business. Here is a summary:

GREAT TRANSFORMATION

The former main office of SM in quiapo, manila.

Kahit si SM ay nagsimula sa maliit, dahil kasisi mula palang niya, pero sinong mag aakala noon na ang ganitong itsura ng MAIN OFFICE, eh isa na ngayon sa mga naglalakihing establishiment? hindi lang dito sa pinas kundi maging sa ibang bahagi ng ASIA.

9 Highly Effective Ways to Thrive in Chaotic Times

While change is a constant in business and life, the world is getting just a little crazier than usual.

Here's how to thrive in even the most-challenging times.

Some organizations have broken the code--they have learned how to thrive in chaotic environments. Rather than getting caught up in the swirl of fast-changing markets, technology, and business conditions, they are able to step back to see the patterns and the symmetries that underlie this seeming disarray, and they are able to capitalize on them. Here are 9 things you can do now to ensure your business will thrive in even the most chaotic environments.