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Tuesday, October 25, 2005

Attracting The Big Guns

Attracting The Big Guns
Build A Really Big MLM Team In As Little As Six Months
With These Simple Yet Powerful Secrets

By Greg Arnold


Attracting top quality people it's a lot like hunting.
When you go hunting, it's important to know something
about the beast you're hunting. You need to know where
they live, what and when they eat. You need to know
something about how they live, their families, what
they like and don't like. If you know these things you
can figure out how to be more effective hunting them.

The same thing applies when you are hunting for new
team members. It is very important to understand human
nature. Read How to Win Friends and Influence People.
This book is a very valuable tool in understanding
human nature. People are emotional creatures. Almost
every decision they make is an emotional one. At first
I thought we were ruled by logic. What I found out is
that people make their decisions based on emotion and
they justify those decisions with logic. I also found
out that when I approached people about joining forces
with me, the more logical reasons I gave for the
alliance, the more skeptical they became.

It was only after I became very emotional about what
we were putting together did they begin to respond
to me favorably. What I learned by this was, the more
logically you approach someone, the more skeptical they
become. And, the more emotionally you approach someone,
the more excited they become. I also found that if you
speak from your head, people will respond to you with
their head and become skeptical. If you speak from your
heart, it bypasses their skeptical brain and hits them
straight in their emotional heart. Then they start to
get excited about what you're doing and want to join you.

People need to be part of something special. They need
crusades. If we don't stand for something, we'll fall
for anything. I always speak of the big goal and how
it can change all our lives for the better. As we begin
to see the big goal together, we begin to move towards
it together.

An interesting challenge with mlm is it is typical to
have wonderful products or services to sell. So wonderful,
most people get very wrapped up in them and lose sight
of what business they are in. While it is true that each
of us is a retail outlet for our products, it is also
true that - He who has the most outlets wins! It seems
to me that if you are aiming at a retail sale, it would
take a lucky ricochet to hit a new team member or outlet.
At the same time, if you are aiming at a new outlet, the
worst that could happen is you would get a retail sale,
because you demonstrate your products even with a
recruiting presentation. So, I believe it is important
that you only set appointments with potential new team
members based on the opportunity and never on the
products or services that you offer.

The Secret to Attracting The Big Gun

Everyone needs a crusade or a goal that is bigger than
himself. Something that is good and has purpose. Something
that makes them feel good and gives their life meaning.
If you have a crusade, you can attract others to it. If
you are in it only for the profit, you will have nothing
special to attract the leaders, and they will be suspicious
of your motives. Leaders are offered tremendous profits
by amateurs everyday. On the other hand, the great
recruiters always offer leaders the challenge of their
lives.

Once you begin to attract leaders, you must help them to
be successful with you right away. Ask them to give you
a list of 52 people they know, which will be potential
future crusaders. Also have them identify their top four
people on the list or, as in a deck of 52 cards, their
four aces. Once they have identified their four aces,
take them out to present your crusade, two on one or on
a three-way call or in a private chat room, to those four
aces within the first 24 to 72 hours. Two-on-one,
leader-to-leader recruiting is the most powerful and
dynamic way you can build your organization. These first
few recruits will possibly be your team captains and
these team captains have the ability to build much faster
and much stronger than most team members do.

Also, you must challenge all your team captains and team
members early in their association with you. In addition
to their list of 52 names, have them write down their
goals and expectations for their first 90 days and first
year in the business. Have them give you a copy of these
goals and every time you counsel with them about their
business, work with them toward accomplishing their goals.
Always talk to your team members about their goals, and
help them to achieve their goals. By helping them to make
their dreams come true, your dreams will come true also.
So you cannot help them too much!

Do not pick your team captains too early in their
association with you. You must assume that everyone on
your team is going to be a team captain. However, we know
from experience that they won't all be leaders. In fact,
most of the time, the more wonderful they tell you they
are, the bigger disappointment they become. When someone
sticks his head up and begins to assume a leadership role,
you must begin to work very closely with that person and
take an active role in their career.

Always challenge your team to reach a little higher and run a little further. Keep the big goal in front of them. That is why it is so important that you know what your team members' goals are. When they know how much you care about their success and their families and their lives, they will be loyal to you for life. And you will be rewarded richly with many wonderful friends....And a really big MLM Team!


Greg Arnold is the author of "The Multi-Level Mangler In King Arthur's Court." He built an organization of over 11,000 distributors and $30,000 per month income in less than a year. Greg and his partner Robert Butwin have teamed up to bring you the Street Smart Live MLM Newsletter. In addition to his networking activities, Greg has served as a consultant with top network marketing companies and leading network marketers. He is also a world class speaker and trainer. Greg can be contacted at greg@streetsmartlive.com

Thursday, October 20, 2005

Network Marketing Training- The MLM Success Secrets of Explaining Your MLM Comp Plan

Network Marketing Training- The MLM Success Secrets of Explaining Your MLM Comp Plan
by Doug Firebaugh


Money.

That is what drives the MLM industry. The quest for a better
life, a better future, and a better income.

Why did you join your network marketing company?

For something to do?

Yeah -- right.

That is why 99% of all folks who enroll in MLM companies
join -- for a better lifestyle. And the hope of making
more money is what drives the network marketing industry.

Every MLM company has a way they pay their distributors,
known as a "Compensation Plan." Or "Comp Plan". Your
company has one and that is how you are paid, by the
volume you have created by the Comp Plan.

You go out, and create Volume of sales, and you get a
certain percentage of the sales. Most plans focus on the
sale, or movement of mlm products and services to the
marketplace, and that is what drives the wealth vehicle
of network marketing.

There are different types of Network Marketing Comp Plans,
and there are many more Hybrid forms.

But generally there are 5 different types, and you need
to really understand the Plan that your network marketing
company has.

The 5 Basic Kinds of MLM Compensation Plans are:

1)The Stairstep 2)The Unilevel 3)The Binary 4)The Breakaway
5)The Matrix

1)The Stairstep

The Stairstep is a simple plan that has requirements
that you must meet to get up the "Stairs of Success."
Each stairstep is a promotion based on Volume usually,
and each promotion you make more money. Usually you must
qualify each month for the rank you obtain to get paid
at that rank. And the stairstep usually has a number
of levels it pays down to.

2)The Unilevel

The Unilevel is a simple "Number of levels" that the MLM
company will pay you, and usually there is no promotion
or rank. You make money by getting a certain override off
of the volume, and usually there is a requirement of
volume to qualify for a check. Most affilaite programs
operate this way.

3)The Binary.

The Binary is an interesting design for a Comp Plan. It
usually has 2 "legs" that you can have "Business centers"
in, and you have a volume requirement to get paid on each
leg. There is what is called "balance" in the Binary. You
must balance in some form the volume from each leg to make
sure you don't have a runaway leg. One leg explodes, while
the other one sits idle. You must balance the two, and you
usually can override the same volume a number of times
with different business centers.

4)The Breakaway.

Some forms of this plan have become somewhat unpopular
in the industry, as you can lose the business in a leg
you build, once it gets to a certain level of success,
and it "breaks away" to no longer be a part of what you
get paid on. Some other forms do not have this feature
-- you can keep your business in every leg, even if it
gets to the breakaway point. Depends on the type of
stairstep you are usiing. It usually is a stairstep
type of Plan, but I have seen it in others as well.

5)The Matrix

The matrix is a computer driven plan that people are
placed into your group by computer, and they go in the
next available slot. Usually this plan is combined with
some form of a Binary, and it does work well if there
are a lot of people that are recruited. When you recruit
someone, the computer searches down for the next open
slot, and positions them there. There are some plans
that allow you to override the computer's selection if
you want them to go a particular place in your downline.

Ok...so now you must see what kind of plan you have.
See your upline if you have any questions at all, and
get familiar with the plan you have and how it works.

INFERNO Secret:

DO NOT get too complicated on telling the mlm plan to
someone. Keep it simple and make sure they understand
that they CAN MAKE MONEY with it, as that is their
greatest concern.

They are thinking, "Can I make money with this? And is
anyone else doing it?"

Generally, when you talk about an MLM Comp Plan, you
will want to mention 4 general areas about it that many
people will want to know about.

1)The First area is Retail Profit.

You must show the prospect that they can earn a retail
profit with your products and services...usually it
about 40- 50%...

2)The Second Area is Team Overrides.

This is where, just like a Real Estate broker, or
Insurance Broker, you can develop a team of Reps and
help them become successful, and get paid a certain %
of override off of them, just like the Real Estate and
Insurance Brokers do. You are sort of a "Master Broker"
for your company, and help others do the same thing.
This is where most people have trouble with MLM. They
don't understand that what we do is just like a Real
Estate or Insurance Broker, only better.

3)The Third Area is Leadership Bonuses.

This is where you help develop Successful Network
Marketing leaders in your group, and you get an
additional bonus or override from your group. You
get rewarded by helping others develop their Leadership
-- the most fair compensation in the world.

4)The Fourth Area are Rewards -- like trips and cars.

This area is a favorite among Network Marketers. Once
you have reached a level of success, many companies
will give you an additional car payment money, and
also take you on trips that you can qualify for
-- a great incentive to work!!!

Be sure you understand the components of your MLM Comp
Plan. This was just a VERY General Overview, and that
is all.

Again.....KEEP THE Network Marketing Comp PLAN SIMPLE.

The More Simple you keep it, the more powerful it
becomes, as does your MLM and Network Marketing Success!

blessings...doug

(c) 2005/ PassionFire Intl all rights reserved

http://www.passionfire.com

http://www.passionfire.com/pf_heat_8.html




About the Author
Doug Firebaugh is one of the top MLM Network Marketing
Trainers in the world. Over a million people a month
read his training ezine. He spent the last 7 years
traveling the world speaking and training on Success.
He lives in Birmingham Michigan, and you can receive
a FREE subscription to his training ezine- The MLM
Success HEAT- at: http://www.passionfire.com/pf_heat_4.html
http://www.passionfire.com

 

 

 

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