One of the key ingredients to a successful network marketing business is a good team. While it is possible to make money just by selling the products produced by your company, the fastest way to success is to build a team of like-minded business partners. Since you receive a percentage of everything they sell as well as the profit from your own sales, you can see how this quickly adds up. My team consists of almost 500 business partners which makes a huge difference in my income each month!
If you've been in network marketing before or are currently involved with a company, then you know that most organizations encourage you to recruit what they call your "warm market" first. That's your family and friends. While I'm not saying that friends and family can't make good recruits, I encourage my team members to look at other methods. Friends and family can be a tough sell. They know you and they may want to wait and see how successful you are before they climb on board. Or, if you have been like me, and tried several different opportunities in the past before finding the right one, they may think this is just another of your latest "schemes" and that, as usual, you will drop out as soon as it gets tough.
If you don't pursue friends and family, how do you find prospects. That's easy. Start treating your business like a business. What do other businesses do to attract customers? Advertise and market. Start advertising and marketing your network marketing business and you will attract qualified and interested prospects - without hounding everyone you know personally.
The first thing you need to do to start marketing is to have a website. Yes, most companies have websites they provide. Some of them are actually pretty good. The problem is it's the same website all 100,000 reps in your company are using. You need something different that will set you apart from the rest of the crowd. It can be as simple as a blog like this one. Or it can be a simple website like the one I have at http://wealthtogether.web.officelive.com/. It doesn't have to be fancy. You just need a place to put your presentation online, provide a way for prospects to contact you, capture the contact information of those who may want additional information, and follow up with them. Having your presentation online makes it available for viewing anytime someone wants, 24/7. It means you can have unlimited viewing instead of being constrained by now many people can fit into your living room for a DVD presentation. It allows people to contact you anytime, night or day, whether you are immediately available or not. And if you have an autoresponder, it follows up with your prospects automatically.
Next, you need to know all there is to know about your business. People want to do business with leaders. Experts attract others wanting information. If you can't answer their questions, they may not come back a second time. If you have to go to your sponsor everytime I ask a question, why don't I just save time and go to your sponsor myself? Know how the comp plan works, what the products are, how promotions to the next level are earned, and everything else that may be of interest to prospective team members.
Learn how to market your business effectively and teach this to your team members. Skip the weekly "Rah-Rah" meetings unless you really enjoy them and learn how to master online marketing and prospecting. Use conference calls and teleseminars to teach these skills to others on your team. Word will quickly spread tha your team is the one to join because you know how to attract and train great people. Once you master these skills and then teach your team to duplicate them, you'll be amazed at how quickly your downline grows.
Once you master these skills, your business will be easeir, more fun, and will duplicate faster and better than any team that's dependent on the old methods! If your interested in joining a team that teaches these skills, go to http://wealthtogether.web.officelive.com/ or www.fhtmus.com/wealthtogether.







