The background in multi-level business
99% of people who approach MLM business opportunities do so with false preconceptions.
Some such as "earn easy money working part time from home", "the product is sold alone", "this business can be done by anyone", etc. This only makes people feel disappointed and scammed about the industry, they are the ones who scream out loud that multilevel business simply does not work and with good reason.
This is because the vast majority of people who are dedicated to this business DO NOT know anything about Marketing or how to share properly without disturbing or deceiving the opportunity since they have not been well educated by their sponsor. In my “Free and Wealthy” team we focus on converting new members into Professional Networkers who know the multi-level business industry and the most effective marketing strategies to develop properly, thus avoiding bad experiences.
4 Common Mistakes in Multilevel Business
There are a number of common mistakes that new people in MLM make over and over again without getting positive results, if you are already a member of any opportunity pay close attention as you may be making them right now:
Walk before running
Well you have just joined a multilevel business opportunity, you are excited and want to tell everyone about the excellent investment you have made… Stop !! Before making this mistake, it is very important that you first start with your team's Work Plan and train yourself to learn about the history of the industry, everything about the company and especially how? and whom? present the opportunity.
Why is it important to train first? If you acquired a Mc Donalds franchise after making the investment, the first thing they ask you to do is graduate from hamburger university, they teach you how to do the business and the systems that will help you succeed with it.
The same thing happens in multilevel business, you have to train yourself first and that is why it is very important that your team has a Work Plan that you follow every day that teaches you everything you have to know to do the business well.
It's all about selling
Ok I think your product is fantastic and that's why you want to share it. You start talking to everyone and build your business exclusively with the retail of this fantastic product, I clarify this is not necessarily a bad thing as people can make good money from pure retail. The problem is that all your time is consumed by the sale and your income depends purely on your ability to increase and replace customers, ask yourself: what happens if at any time I do not have sales? - You have NO income.
The solution is to create a Network of people and thus duplicate your efforts, so it is important that you develop leadership skills and establish systems that allow the people you sponsor to do the same as you and obtain the same results. Remember that duplication is a fundamental part of multilevel business success.
It's all about convincing
Then you realize that retailing by itself is not the way to success, and you start grasping the concept of sponsoring people but…. In your first month you try to convince your friends and family to join your opportunity, it is difficult to convince them, I mean that if you are hardly convinced of the business yourself and still do not have good results, how can you convince them to start In the business? Mistake !! There is no need to convince people, the only two results you will get are:
- Rejection. Since these people are not interested in starting a business.
- Charity. The people who trust you the most and want to help will enter your business but just because they want to help you, they are not interested in a business.
It is important to focus your time and effort on presenting the opportunity to people who are capable and willing to develop multilevel business.
Sinking the ship
And now you have a room full of product that you do not need, it does not sell and you need to buy more to have your business active…
This is a common mistake and it leads to failure for many entrepreneurs in multi-level businesses, so it is very important that you join a company where the product is something that you need and that you would consume even if you were not in the business, that you like for its flavor not for its benefits, etc.
If you have not yet entered an opportunity, I highly recommend that you inform yourself in detail about the products and get to know the opinion of other people who are in the business.
If this is one of your problems, I recommend that you stop buying more product, no matter what your sponsor says, focus on recovering your investment and analyze in detail if this opportunity is right for you.
I hope this information is helpful to you and if you can give me a hand by "liking" the buttons below or leave me a comment. Thank you so much.
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