“7 common mistakes Network Marketers make”
This is a continuation to the previous posts about: 7 Common Mistakes Network Marketers Make.
1: “Mention what kind of business’’
By avoiding these 7 pitfalls, you are already three quarters through your route to success in your network marketing business. Here are the last two:
It is understandable that most people are still (though unjustified) uncomfortable at the mention of the term ‘Network Marketing’. However, the more you want to hide, the more people become skeptical about the business.
It can be difficult because if for example,
you tell your super salesman that you need to sponsor people to make the larger amounts of income, what will they do? They will go out there and sponsor 3 to 4 people a week. This is great isn’t it? However, you may then notice that people are dropping out as fast as they join your team.
The Super Salesman can sponsor 100 people in a short period of time but most (or sometimes all) of them will drop out of the business. Or sponsor 5 people who are serious and teach them how to teach their 5 to do the same?
The network marketing business concept works on the idea of LEVERAGE. There is absolutely no need to sponsor the whole world to be successful. Concentrate on working with five in your team and teach them also to work with their five and so on.
4: “Business builders’’
Be open and truthful about what you want to share with your friends about. If they shun the idea, move on, perhaps they are not the people you are looking for. Remember, you only need a minimum of five serious business builders in your team.
Hiding behind a wall of pretense or mystery because of your fear of rejection may result in more adverse effects on the relationship you have with that person.
“I only need to bring in one other person.”
Most people think that you have duplicated yourself once you brought one other person into your organization. This is NOT true. The concept of true duplication only comes about when you have built your organization THREE LEVELS DEEP.
“I have to sell products.”
A salesman, armed with information about the quality products, will go all out and sell the products. They do not have any problems calling on strangers because they are who they are – SALESMEN!
However, in this business, we are not concerned about sales of products. We focus on building teams and the sales of the products comes as a natural result of building a large organization.
“I need to master the Art of Persuasion.”
This is linked to the fear of rejection as well. When you approach someone and share the business idea, you give them two options: interested or not interested. The best case scenario is when a person is interested, then you can fill him or her in more with regards to the details of the business etc.So this concludes the series on the 7 Common Mistakes Network Marketers make. Just catch one idea and run with and I’m sure it will be useful for building your financial freedom vehicle.