Archive for the ‘home based business’ Category
Should Network Marketers Join the Chamber of Commerce?
I have met lots of network marketer in my local Chamber of Commerce. I am not sure how much success they have had, but I know that one in particular confessed to not having much success. The comment made was that “people looked at them as if they had the plague.” Truth be told, network marketers don’t always have the most welcomed reception, and it’s often their own fault.
The Chamber of Commerce is a great place to network with business owners and others in the community, so it’s a great place for any business owner to network. The key here is to realize that most business owners won’t be interested in what they see as another money making scheme. What they might be interested in is your products or services and this is where you will find success if you play your cards right. I cringe when I hear amateur network marketers throw up their own shield by blurting out these catch phrases:
- It’s an MLM (people don’t like MLM’s)
- It’s network marketing (people don’t like network marketers)
- We are in pre-launch (what does that mean? You can’t really do business with me right now?)
- There is a great business opportunity also (Are you trying to recruit me, or do you really have a product to sell?)
- If you are looking to make some extra money (I don’t know you and I want you to think my business is successful… why would I tell you that?)
- If you want to be a millionaire (that’s why I started my business, are you saying I should join yours instead?)
- If you are sick of what they are doing (We just met, why would I discredit my company by admitting that to a stranger?)
I hope you enjoyed the side commentary, but that’s not far off from what many will think when they hear those kind of things. If they are sincere, they may even say them out loud.
The Key to Success
Sell your product or service and nothing more. Keep in mind, money is made when you sell something, not when you recruit someone. Treat it like a business and it will pay you like a business (have you heard that one… it’s true!). Make the sale, ask for referrals, and then when you have a referral about ready to purchase, you can go back to the referrer and thank them for the referral. At that time, you can also introduce your referral program by simply saying “Thanks for referring Mary. She, too, is ready to become a customer, so I wanted to let you know about our referral program where we pay people a commission for their referrals. Is that something you are interested in?” If they are, then set up a time to discuss it, if they aren’t close the sale and move on.
You will earn money and you will also earn respect for being a straight shooter.
Have You Had Enough of Corporate America?
I am amazed at the stories I hear about people who work under the tyranny of systems built by idiots in Corporate America. Does any of this sound familiar?
- I am sorry you were sick, but we are still docking you points for missing work. A few more and we will write you up. If we write you up enough, you will lose your job. Now get back to your cube and give us 100% .
- I know you are 20 years older than me, but the next time you need to use the bathroom, I’ll need you to let me know in advance. Some people are just taking long bathroom breaks and we can’t have everyone taking breaks all at once.
- I know we don’t have a sales team Mr. Business Development Manager. Can’t you generate leads and also close them? Oh yeah, you’ll need to write the proposals too, we got rid of the admins.
Should I go on? I am amazed that more people don’t just walk out of their jobs. But you know why they don’t, right? They have BILLS to pay.
Here is what I am proposing. Why not put yourself in a position where you can have a corporate job that you like if you want, but not because you have to? I propose that you take a look at a business opportunity where you can build a long term residual income for yourself and your family.
Can you imagine what it would be like to have extra money to:
- Become debt free.
- Take more vacations.
- Walk away from your job.
- Watch your kids grow up.
- Live the life you have always dreamed of!
It can happen and it does happen every day to people just like you who are willing to take a stand for themselves. Leave the rat race! Stop making your boss wealthy… start building YOUR wealth today with a home based business.
Are you ready? Contact me today!
Which Network Marketing Company was Recently Featured on Fox Business Network?
If you guessed Pre Paid Legal, then you are correct. To my knowledge, that was the first time a network marketing company was featured on Fox Business Network in that manner.
It says a lot about the company, but in case you didn’t know much about Pre Paid Legal (PPL), let me share with you a few highlights about the company. Before I do, I will let you know that I am happy to be an Independent Associate with PPL and I have been for several years. If you are looking for an opportunity to build a business (either part time or full time), I would have to say Pre Paid Legal is at the top of the companies you should consider and here is why:
- They are Stable – Launched in 1972
- Publicly Traded – on the New York Stock Exchange (NYSE)
- Offers great products (Legal Service Plans and ID Theft Protection Plans).
- Trusted Brand – over 1.5 Million customers
- Offers great training.
- Offers great compensation.
- Low Risk – It does not cost a lot of money to get started.
I could go on, but these are the main characteristics you want to see in a company you are considering entrusting your reputation, income, and future with.
If you want to learn more about this amazing company, watch this video, then call me at 800-453-9290 to set up a call with myself and the #2 income earner in the company to learn how you can get involved.
How Are You Going to Make This Year Better Than Last Year?
Have you analyzed what you did right and what you did wrong last year and come up with a plan to WIN in 2011? I hope so, but if not, it isn’t too late. Just get started TODAY!
If you are running a part time home based business, perhaps you want to just grow that income slightly or perhaps you want to move from a part time income to a full time income from your home based business. Both require a plan, action, and accountability.
If you are looking for a new opportunity, now is a great time to get started as well because the year is still new and you can win big in 2011 if you simply get started.
If you need a game plan for 2011, let’s chat. I’d love to help you succeed beyond your wildest dreams.
To your success!
The Secret to Building a Referral Based Network Marketing Business
Recently, I saw an ad for a great product on a Social Networking site. I clicked the link in the ad and noticed that the product was offered through a network marketing company. I replied to the person telling them that I would check out their product and that it looked great. I also offered to add this person as a connection on the site.
Her reply was something to the tune of:
Yes, it’s a great product… if you want to learn more we have a meeting on Tuesday night at 7… it is a great product and a great opportunity.
I replied and thanked her but also asked if I could offer her some business advice related to network marketing.
Problem #1 – If someone shows interest in your product or service, they most likely want to buy it, but I am sure they don’t want to go to a meeting to learn more about it. Can you imagine if Amazon invited you to a book signing every time you showed interest in a book?
Problem #2 – Opportunity? I will use Amazon again as an example. If you were going to buy a book from Amazon and they had a popup that stopped you from buying but let you know that they had an affiliate program where you can make money by referring people to the site, do you think that would annoy most people? (the answer is YES!)
Most people that show interest in your product will not be intersted in your opportunity, but MANY will be turned off by an offer of a business opportunity and people will miss out on the quality products and services.
Most network marketers fail by never knowing what message they are sending to their prospects or sending a mixed message.
Here is a strategy that I recommend, that will make you lots of money:
1. Close your sale first (which puts money in your pocket). If someone asks about your product, sell it to them. End of story.
2. Follow up with your prospects and ask them for customer referrals. Again, resist the temptation of sharing the business opportunity with them (no matter what you have been taught). Your customers WILL refer you customers if they are happy with your products. Keep in mind that making sales is how you make money.
3. After you close at least one of the referrals, go back to the referrer and thank them again for the referrals. THEN, drop this line “by the way, I get paid for all of the business that my customers refer me… I am curious to know if you are interested in getting paid for the referrals you’ve been sending me?” Some will want to know more, but most will not. You should be happy with this referral source, and I would personally give them a gift certificate or something depending on how much I made off of their referrals.
4. Find out how you can help them. Ask them if they have any needs that you might be able to help them with. If they have a business, ask them who their ideal client is and sincerely try to send them referrals (and do not ask for a referral fee).
The key here is finding customers because happy customers make the best referrals. This is how traditional business works, and how most network marketers fail. If you are prospecting for reps, then do just that. Sell the opportunity and focus on the money making, but in the end, know that your reps will have to have passion about your products or services or they will rarely succeed.
I hope this helps you build a solid business. I’d love to hear how this helps you or if you have any questions.
Have a great day!
How Do You Define Wealth?
Wealth means different things to different people. If I asked you what it means to be wealthy, you would most likely think of a sum of money that sounds like a lot of money. It would be a different number for everyone, but let’s say you said having $5,000,000 would make you feel wealthy. Most people cannot envision having that kind of money, nor do they have a realistic game plan to help them obtain that kind of money. In the end, many people fail to acquire wealth simply because they have a mental block that tells them they will never have that kind of money (and it is often based on their past).
I would like to challenge your thinking and offer you a new definition of wealth. Think of wealth as “how long you can survive without working”. We will look at a combination of your savings and your residual income, with a focus on building both. This will help you see exactly what it takes to be “truly wealthy” by building a residual income that matches, then exceeds your monthly expenses.
Let’s say your monthly expenses are $3,000 per month, and you make just enough money on your job to pay your bills, but you’ve got $1,500 in savings. At this point, you are about two weeks wealthy. The obvious question is how to correct both the lack of savings and lack of residual income . The answer is a home based business that pays you monthly for every customer you acquire.
You can choose different strategies, but one strategy might be building your savings up by an additional $1,500 which would give you a one month cushion, or make you one month wealthy. Next, set a residual incone goal to shoot for such as one weeks worth of your salary. At $3,000 per month that would require that your business earns an additional $750 per month. It certainly won’t happen overnight, but imagine how it would feel to know that you cold pay for 1/4 of your bills if you somehow lost your job? Your next goals could be doubling that residual income so that you have 1/2 of your monthly expenses covered by your business income, and then the final phase is to have your business income match your job income. Even if it takes you 5 years to reach this goal isn’t it worth it? You would be able to save as much every month as you earn on your job, building up your savings, and therefore increasing your wealth position.
I hope I conveyed the message effectively here as this is a challenging topic to share in print. In closing, I have a few questions for you:
1. How wealthy are you? Literally, sit down and figure out how much your expenses are and how long you could survive if you somehow lost your job tomorrow.
2. If I could show you an affordable way to get started in a business that allows you to generate long term residual income for each customer that you acquire, allowing you to increase your wealth position, would you be interested in learning more? (if so, call me at 800-453-9290 and leave me a message).
3. If you answered no to question 2, with unemployment at an all time high, what is your plan for building wealth… or just surviving a layoff?
This is something that I am passionate about and I welcome your feedback. I am happy to answer any questions you might have, so feel free to leave them in the comments below so others can benefit as well.
Until next time…
Coach Tony, The Naked CEO
If You Want to Get Rich Quick, Play the Lottery
Network marketing has a bad name for many reasons. One of them is that peolpe often try to “sell” someone on a network marketing opportunity promising them that they will somehow get rich. The real clue should be that the person “sharing” this information is rarely rich. In fact, many times they are in fact, quite the opposite; poor, and destined to be poor until they learn that the only way you get rich quick in life is through the lottery. Next they need to learn that stastistically they could survive two plane crashes before winning $1,000,000 in the lottery.
Sure, there are those companies out there that will tell you that they have “high profit margins”, but the problem is that they want you to buy one first, then give up your first few commissions to your “sponsor” (who rarely does anything to deserve it), then go out and find more uneducated dreamers (suckers) to drop 4 or 5 figures on your product. Let me also say, this is not true network marketing, it is high pressure sales and it continues to discredit network marketing.
If you want to build a business from the comfort of your home, and over time generate a solid residual income that you can leave as a legacy to your family, then let’s chat. I promise I won’t try to sell you becuase if I have to “sell you” to join, I will have to “sell you” to work, and you wouldn’t work and you would just become another disillusioned dreamer who thinks that network marketing doesnt work. Learn how to join our team.
