A network marketing business is not just an excellent way to add an additional stream of income to your life, but it also gives you the amazing opportunity to be a part of a strong community of like-minded, passionate people! This business concept has been around for decades and is exponentially growing on a global scale year after year due to the fact that … It works! The residual income and dual business model that most companies provide offer individuals the opportunity to make it either a full-time career or a substantial second income.
With all of that said, in order to be successful in this business, it does require hard work, stepping outside of your comfort zone, and being persistent. Thankfully, once you set up a solid network of relationships, your business becomes MUCH less time-intensive, and it’s almost like going on “autopilot”. As I’m sure you can imagine, the key is to get to this crucial point as fast as possible!
Here are 10 simple steps to help you jump-start your business and maximize your network marketing potential in the next 7 days:
Use Your Products Regularly
This is number 1 for a reason! This is the most ignored part of almost every network marketing business. How do you expect your business to succeed if you will not even use your own products? Having a first-hand testimonial story from your products is HUGE. Being able to expertly answer your customer’s questions, post photos of yourself with your products, and educate people on the benefits your product may deliver are all keys to great marketing and repeat sales. If you are not already, make a commitment to start using your products this week and see where your business goes!
Educate Yourself Constantly
This is very important! Business and self-help books are a great way to start. Many industry leaders or stand-out CEOs have written books about how they got their business started and how they reached the top. Following the path of successful people before you is always a smart way to start in any business. Reading books on cultivating a positive attitude and a business mindset will set you up for success when you are facing a lull in your business or feel like you don’t want to keep going. Successful people are constantly working on their self-development and expanding their horizons. I recommend reading a mindset, business, or self-help book for a minimum of 15 minutes each day, preferably in the morning, to set the day off right!
Spend As Much Time As Possible With Your Upline
Your upline is a vast source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it. Do three-way calls with your prospective customers/ business partners and your upline so you can get comfortable talking about your products and your business model as soon as possible. Most people are more than happy to share tips and advice with you. Be coachable and listen to their advice.
Start Making a List And Reach Out To A Minimum of 10 People Each Day
Start by making two lists: one of the people who you know would be interested in your products and another of the people who you think would be interested in hearing about your business and possibly want to join you. Making these lists are essential, and moving through these lists every day and reaching out to a minimum of 10 people per day will put you on the fast track to success. Almost every successful network marketer has done this at some point, and many habitually continue to do this because they know it works! It keeps you consistent, it keeps you actively engaged every day, and it continues to open new doors of opportunity to move more products or reach more people who may be looking to join a business like yours.
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Care For Your Downline
An entire book can be written on this topic. Usually, it’s the little things that show how much you really care. Maintain regular contact, especially in the beginning. Offer online group hangouts and trainings to get your team started strong and always praise your team members’ accomplishments. Offer incentives for specific achievements, such as free product, recognition, free admission to a company training, money, or other rewards that will keep your group motivated. The more you can motivate them in the beginning and get them connected to the group, the more they will want to stay engaged and be excited about continuing to build, make more money, and move up in the ranks of the company.
Duplicate Yourself By Making Your Team Independent Of You
This will help to multiply your time and make you and your team more effective. Always lead by example. Never stop recruiting, training, and retailing. Remember the KISS formula – “Keep It Simple, Sweety” I know, I know, I changed the last word, but you get the meaning. You do this by conducting simple, brief, yet dramatic presentations and teaching your downline to do the same. Help your team with their personalized “elevator pitch” so that they feel comfortable sharing the products and the business opportunity as soon as possible.
Create a Large Customer Base
This is another largely ignored, yet very important, piece of your network marketing business. Don’t focus so much on building a huge downline that you forget how much profit you can also make by selling your products to retail customers. Some people will just not want to become part of your downline, no matter how great a product/system you may have. But, they may be very interested in buying your product directly from you. Social media has allowed us unlimited access to free marketing to people we know, and to people we have never met before. The more you post about your products or lifestyle and educate people on the benefits of what your product offers, the more you will create a consistent flow of customers and a steady stream of monthly, residual income.
Focus On Your Customers’ Needs
You must give customers more than they expect, and always satisfy your customers’ complaints immediately. Try to listen 80% of the time, and talk only 20%. Asking questions and choosing products based on their individual needs will keep them coming back. When posting, don’t just post about your product; post about the problem that your customer has and why this product will help. Focusing on people’s pain points is what will draw them to you and the solution you have for them. As stated above, your customers can be a huge source of future referrals and/or business. You must earn and maintain their trust. Once you have their trust, you can always ask for referrals, which leads to even more business and a larger downline.
Set Daily, Weekly, Monthly, & Yearly Goals – and Write Them Down!
Goal setting is essential, and creating achievable goals so as not to get overwhelmed right off the bat, is important. Breaking up a larger goal into smaller, more easily attainable goals is the key to success. You cannot just jump to the end. You have to make progress every day. Writing your goals down will help you succeed. A goal is just a “passing thought” or “wish” until you put it in writing. That is when it becomes concrete and real. It is also a great idea to keep a business journal of your daily activities, as it will help you to become more productive and time-conscious. Speaking of Setting goals, Kolleqtive offers inbuilt goals and a commitment tracker to all its members! Our system encourages you to set your goals which are proven to increase your chances of success. Tick them off and watch your dreams come true.
Get Out There And Do It Now!
The most important ingredient is ACTION! The quicker you start following the guidelines your upline has created for you, learning the products and their benefits, and start reaching out to people every single day, the quicker your business will take off and the more motivated you will be to keep going! If you are unsure about what to say or are still learning about your products, use your upline to help you reach out to your prospects. When your friends, family, and colleagues see your excitement and enthusiasm for your new products and business venture, they will automatically want to know more about what you’re doing. Not taking action is the #1 reason for failing at anything in life. If you commit to consistent action every single day, you will be a success at network marketing!
By following these simple steps, you should begin to see the results start to materialize fairly quickly in your business! Hopefully, this has provided you with some actionable insights to help you to grow and succeed as you dive into this exciting business opportunity. And, as with anything worth working towards, please don’t forget to enjoy the journey on your way to the top!