MLM Training From:
Randy Gage
David Ledoux
Joshua Shafran
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How to recognize and avoid...
"The seductive pitfall that will kill your MLM career dead in its tracks
no matter which company you work"
By Joshua Shafran
The problem in Network Marketing, as in life, is that if you fail to
practice and apply the basic fundamentals you will find yourself way off
course. The danger is that at first you don't really notice you're off
course because it's just by a little bit. And, then you stray just a bit
more without much notice. And, some more. And, so on and so on. Before you
know it, you're off course by a mile, even though you got there gradually,
an inch at a time.
There are lots of things that will help or hurt your MLM'ing but there's
one thing that will kill your MLM career faster than an eighteen wheeler
will make road pizza out of a squirrel. It's very seductive and can creep
in subtly. Take regular inventory of it so every time it raises its ugly
head you stomp it out immediately! It's falling into the trap of...
NOT being consistently consistent.
You got excited, put in an intense week of MLM'ing. You went all out.
Actually sponsored some people... got yourself some results. Then it
creeps in. Next week you don't hit it as hard. Layoff it, kick back...
after all you worked hard last week and the whole reason you got into MLM
was to buy back your time.
MISTAKE! Once you get the ball rolling... keep it rolling... don't ease
off!!!
Network marketing is built on the concept of compound interest. You
know, the old example, how much money would you have if you doubled a
penny every day for thirty days? Multiply it out on paper and you'll
discover it's over FIVE MILLION dollars. But look at each day
individually... on the 10th day it's only worth $5.12 and it doesn't even
break the thousand dollar barrier until the 18th day. So it's hard to
believe that by day 30 that penny has grown into millions.
But that's the magic of compound interest... it feeds on itself! But it
takes time for the compounding to take effect. If you spent your thousand
bucks on day 18 instead of keeping it working for you, you'd never reach
the 5 million dollar payday. And you'd have to start all over again from
zero with a new penny and another 30 days.
MLM works exactly the same way. The time you put in to it feeds on itself.
If you put in 20 hours one week, 2 the next and nothing the week after
that but "make up for it" by giving it some extra time the following week,
your results will be weak.
Even though you may have averaged 10 hours a week, it was in fits and
starts. You're not giving the compounding a chance to take hold. Not
giving your business consistent time every week is the exact same thing as
spending the thousand bucks on day
18! You'll always be starting all over again from zero.
Are you willing to pay the price for MLM riches? There's no getting around
paying your dues. MLM really can provide you with money for the rest of
your life, but it's not free and it won't happen in your first month or
even your first year. It takes being consistently consistent for at least
2 to 4
years! Every single week block out your MLM time. I suggest you give at
least 8 productive hours a week... 8 productive hours. That means you plan
your business. Don't start your week (or your day for that matter) before
you finish it on paper first!
Who are you going to prospect? What presentations are you going to give?
Who are you going to duplicate yourself into this week? Write it down,
make time for it, and follow through on it... 8 hours a week, each and
every week, for 2 to 4 years. That's the price you have to pay for a six
figure residual MLM income.
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This article is part of the Training Course, "The Proven MLM Commission
Check Building Training Series - How to Make MORE Money in MLM Faster"
offered by Joshua Shafran of MLM Success Tips. You can receive this
*highly recommended* training course for FREE *right now* at
MLMSuccessTips.com
Copyright © 2000 by Joshua D. Shafran. All Rights Reserved.
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