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05/17/2006
MLM Mistakes
There are many individual that come into MLM and want to work at home who are very new and make some big mistakes that are avoidable. There are also many people in this wonderful industry who have been in it for a while and still don’t have any success. These people are also making the same avoidable mistakes. Today we will look at some of those mistakes and what you can do about them.
Mistake #1
The first mistake, practically everyone makes in this industry, is tying to sell. We are in the teaching and mentoring business. If we are doing this right we are building relationships, not trying to get people into our deal. People can feel the difference when you’re talking to them if you’re trying to sell them something. And, you know what, they don’t like it. Neither do you! You don’t like to be sold and you don’t like the feeling you get when you’re trying to sell something. It just doesn’t sit right deep down inside. So stop it! Build relationships and success will follow. That is key!
Mistake #2
Not checking the background of you company leadership to make sure they have MLM experience with integrity. Why does this matter you ask? Well, do you want to build this once, build it big and build it for your children’s children? Then you better make sure that the people running it know what they’re doing and respect the guys/gals in the field who are building it. The best way to do this is read your companies policies and procedures. As I stated in my last post some of the things that are in some of these companies p&p’s will make you scream! When you read them you’ll realize who you are really building it for…and it’s not you! So please, please read them!
Mistake #3
Not knowing how many people it takes to earn the income you want. Do you want to make 10K per month? OK, then how many people in your organization does it take, in the back end, to make 10K per month? How doable is that? Are you having trouble just keeping 10, 20, or 30?
In most comp plans to make 10K a month, you need anywhere from 1600-5,000 people, depending on how your plan is set up. How doable is that when you can’t even keep 30? I know of a comp plan out there where you need less that 400 people to make 10K. How much easier do you think it is to keep people in that plan….pretty easy I’d say. So make sure you know the numbers, then crunch them to see how doable it is for you.
Mistake #4
Going after your friends and family. Unfortunately, a large majority of companies out there employ this “technique” as their primary source of lead generation. Ouch! Let me just tell you from personal experience, your “warm market” is the coldest out there! If you’re in a company where this is the primary source of lead generation, you are in for a hard time my friend! This technique does not work. The best leads are the ones you generate yourself and if your company, team, or upline doesn’t have a system in place to do that, it’s going to be very tough.
That should be enough for you to think about today! But, if you’re anxious to learn more about this incredible industry and more on how to avoid mistake in MLM, then download this free eBook for some great insider information!
To Your Success!
Suzanne
Be a Mentor with a Servants Heart
813-841-1050…anytime!
www.TheMLMmom.com
09:15 Posted in MLM Mistakes | Permalink | Comments (2) | Email this
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