How To Overcome the Biggest Hurdle For MLM Success
There's a major hurdle that everyone in MLM and network marketing has to face today. The stats don't lie when they show that 90% of people who join a home business will end up leaving it within the first three months.
People buy into hype, give up quickly, or chase after "newer, bigger, better".
In other words, building a home business is like trying to fill a leaking bucket. Sky rocketing advertising costs only add to the problem.
So...
To see success in any MLM, you need a lot of time, energy, and money to stay ahead of the curve. There has to be massive action on your part as a distributor to build your downline at a faster rate then the rate at which people leave. Otherwise, your business is stagnant at best.
You also have to figure out how to offset the rising costs of sponsoring someone, and manage to break into a profit at the end of the day. You're in it to make money and not spin your wheels, right?
There are three thing! s you can do to combat these problems.
The first thing is having massive results fast. You can accomplish this with momentum and duplication. Have a system in place that you can use without fail to sponsor 200 to 300 reps in at most 4 months. This might sound like a huge number to you, but it's the only way you're going to beat the attrition rate.
It's possible.
Having a duplicable system in place that will crank out leads for you like clockwork and sponsor for you is the only way to make it happen.
The second piece to the solution is to have enough money to operate your business above the break-even point. As I mentioned, the cost to acquire a new sponsor is rising fast. The best way to do this is to create a business model that will allow you to monetize leads that say "no" to your opportunity.
Let's face it, 90% or more of people that look at your business opportunity will not join. But that doesn't mean you can't make money off of t! he people that say no.
As a home business consultant, ! I teach my clients how to step-by-step setup a system where you generate leads and profits instantly on the front-end with any MLM. Use the money generated from these leads to fund your business, and your MLM commission checks become pure profit for you.
Now the third solution is to take advantage of what's called the "G.P.T." concept. It's a new trend among home business leaders that's growing rapidly. There are ways you can position yourself as a home business owner to get paid quickly with high commissions.
Do your research and find companies that have a "Top Tier" compensation model.
There are a handful of them out there, and you can find great success with these companies that will solve the problems of MLM and network marketing instantly, so you can see a true long-term residual wealth.
To learn about the lucrative "G.P.T." concept and Top Tier model, get a free report at http://www.RealBusinessBuilders.com
About the authorShiraz Khan ! is a 27-year-old marketing expert who teaches people how to build long-term wealth from home.For more information on the lucrative "G.P.T." concept and Top Tier model, get a free report at: http://www.RealBusinessBuilders.com Shiraz Khan is a 27-year-old marketing expert who teaches people how to build long-term wealth from home.For more information on the lucrative "G.P.T." concept and Top Tier model, get a free report at: http://www.RealBusinessBuilders.com
Source: http://www.articlebin.com/view-"How_To_Overcome_the_Biggest_Hurdle_For_MLM_Success"-83167.html
Home Based Business Articles Blog
People buy into hype, give up quickly, or chase after "newer, bigger, better".
In other words, building a home business is like trying to fill a leaking bucket. Sky rocketing advertising costs only add to the problem.
So...
To see success in any MLM, you need a lot of time, energy, and money to stay ahead of the curve. There has to be massive action on your part as a distributor to build your downline at a faster rate then the rate at which people leave. Otherwise, your business is stagnant at best.
You also have to figure out how to offset the rising costs of sponsoring someone, and manage to break into a profit at the end of the day. You're in it to make money and not spin your wheels, right?
There are three thing! s you can do to combat these problems.
The first thing is having massive results fast. You can accomplish this with momentum and duplication. Have a system in place that you can use without fail to sponsor 200 to 300 reps in at most 4 months. This might sound like a huge number to you, but it's the only way you're going to beat the attrition rate.
It's possible.
Having a duplicable system in place that will crank out leads for you like clockwork and sponsor for you is the only way to make it happen.
The second piece to the solution is to have enough money to operate your business above the break-even point. As I mentioned, the cost to acquire a new sponsor is rising fast. The best way to do this is to create a business model that will allow you to monetize leads that say "no" to your opportunity.
Let's face it, 90% or more of people that look at your business opportunity will not join. But that doesn't mean you can't make money off of t! he people that say no.
As a home business consultant, ! I teach my clients how to step-by-step setup a system where you generate leads and profits instantly on the front-end with any MLM. Use the money generated from these leads to fund your business, and your MLM commission checks become pure profit for you.
Now the third solution is to take advantage of what's called the "G.P.T." concept. It's a new trend among home business leaders that's growing rapidly. There are ways you can position yourself as a home business owner to get paid quickly with high commissions.
Do your research and find companies that have a "Top Tier" compensation model.
There are a handful of them out there, and you can find great success with these companies that will solve the problems of MLM and network marketing instantly, so you can see a true long-term residual wealth.
To learn about the lucrative "G.P.T." concept and Top Tier model, get a free report at http://www.RealBusinessBuilders.com
About the authorShiraz Khan ! is a 27-year-old marketing expert who teaches people how to build long-term wealth from home.For more information on the lucrative "G.P.T." concept and Top Tier model, get a free report at: http://www.RealBusinessBuilders.com
Source: http://www.articlebin.com/view-"How_To_Overcome_the_Biggest_Hurdle_For_MLM_Success"-83167.html
Home Based Business Articles Blog
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