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Myth #1: MLM On The Internet Can Be Wildly Profitable in One Month The most unfortunate and damaging myth about online home business is that the income can come quickly. It *may* be possible for a “big dog” with an established network of partners, to create a residual income of $1000 in one month. But this will never happen for the average person building from scratch. Consider this: The average internet MLM pays $2 to $7 per person in an organization. To earn $2000 - $7000 per month, you need 1000 people in your organization. This is very possible to achieve. But it takes time. Myth #2: “It’s A Ground Floor Opportunity - You Must Join Today” When someone says: “Ground Floor Opportunity - Join Today” what are they really saying? Is it: (1) “People who join after me have less chance of making money than I do” ? OR (2) “The company will be useless in two years time” ? Would you want to take a year or two to build a good residual income, only to have that income disappear? And what would happen to the suckers who join in six or seven months time? A good business opportunity should actually improve with time and exposure. It’ll be based on products (or services) - and delivering more in the product value than the dollar amount people are paying for it. (Yes it IS possible to find such companies on the internet. I know a few). Myth #3: Make A Ton Of Sales and You Make A Ton Of Cash Let me show you what I mean: In an offline business we were in, a guy joined who was an awesome direct mail marketer. Soon he put together a masterly direct mail campaign to promote this opportunity. He invested a lot of money then unleashed his packages. In five weeks he had several hundred people in his downline, and was earning several thousand dollars per month. But within two years he had dropped out of that company. Why is this? It’s because almost none of the people he brought in were able to do what he was able to. So he wasn’t able to help them grow their businesses. (He possibly didn’t have time to help 500 newbies). And since the monthly purchase requirement was $130 in this particular company they soon started dropping out. The point you really ought to understand is this: “In MLM, you don’t make much money from making sales - You make much money from building an organization!” This brings us nicely to the next and final myth: Myth # 4: You Build From The Top Downwards Many people feel that you “come in at the top”, then bring people in “under you”. They reflect this in their attitude to the job. If you’re smart, you’ll know better. You build from the bottom. At the start, there’s no one else in your business. You just have a dream, and help from your company and upline. You find three bricks and place them in your foundation. Then you physically support them from below. Yes, they’re a bit heavy at first, but you do the job - you continue to support them. One morning you wake up and there are nine bricks in your structure. From the three you started with. You’re supporting the nine brick structure now, and because you do, it continues to grow. Eventually, when you look up, you find that you have a solid building, based on “below support”. Can you see it? The bottom “bricks” are people you recruit and assist to take their first steps as marketers of your opportunity. When they help other people, your organization expands. The point is that the engine that drives lasting MLM growth is people helping other people, in small numbers, and everybody doing their share. At the beginning your job is to sponsor a small number of people and support them, and encourage them to make sales… encourage them to encourage other people in the same way. Once you build a small group of people and the helping culture takes hold, you’ll start to develop a rapidly growing organization… that grows rapidly and wildly with a momentum you couldn’t stop, even if you tried to. Here are 5 basic things you need to do to be successful in Network Marketing 1. Develop your dreams, goals and objectives. Studies have shown that very few people have written dreams and goals, yet those who do achieve high levels of success. Identify your dreams first. As yourself, if time and money weren’t inhibitors, what would your life look like? Describe your dream house in great detail. Likewise, get a mental image of your dream cars, vacations, wardrobe, lifestyle and so on. From those dreams, develop your goals. A dream is the big picture, and goals are the steps that will get you to your dreams. For example, let’s say your dream car is a Aston Martin DB8 with a cost of $225,000 and a monthly payment of around $3,800. What are the steps you need to take to achieve that dream? An increase in your income might be necessary, so your goal would be to increase your monthly income to, let’s say, $10,000. Next, you break your goals down into bite-size objectives (in our example above, this would be the things necessary to increase your monthly income to $10,000). Each day, you should review your dreams, goals and objectives in order to determine your daily activities. 2. Be coachable. MLM is a business of duplication. Those who’ve already been successful will share their secrets to success, and all you need to do is listen and then do what they tell you. Unfortunately, I wasn’t very coachable in the beginning. I was successful in traditional business and figured I could do the same things and be successful in network marketing. Boy, was I wrong! Because I didn’t listen to my upline leaders, I didn’t make any money at first. Successful MLMers have been there, done that–and have the paycheck to prove it–so be coachable, and duplicate their success. 3. Work. Network marketing has probably produced more millionaires than any other industry, and although each of those people built their businesses with different companies and using different methods, they all did one thing–work. MLM isn’t a get-rich-quick scheme; you’ll only get rich through hard work. One of the main differences I see in those who fail vs. those who succeed is their level of work. Most people who’ve failed treated their MLM businesses like a hobby, working whenever they had some spare time. The top income earners, on the other hand, work at their businesses every day. Let’s say that after a thorough evaluation of your schedule, you can only devote 10 hours a week to your business. Take a daily planner and block out those available time slots. Remember, work isn’t filing, checking e-mail or surfing the web. Work in MLM is prospecting, presenting, following up, registering new associates, training and support. In the beginning, you should spend 90 percent of your time on prospecting, presenting, following up and signing up new people. As your network builds, you can devote more time to training and support. But never, ever stop prospecting, or your business will die. 4. Make lots of friends. The advice that made the biggest impact on my success in network marketing was to go out with the idea of making lots of friends instead of a million dollars. You can only be successful in network marketing if you help others become successful. So go out and find some new friends who you can help become successful in your business. Forget about your wants and needs, and serve these friends instead. This concept is called “servant leadership”–you lead by serving those you lead. The more friends you make and serve, the greater your success in network marketing. These five principles of success are just the start. I’m sure that your sponsor and upline leaders have their own list, so make sure you ask them how they became successful. And finally, realize this: It’s one thing to have this knowledge–and a whole different thing to actually do what you’ve learned. So be a doer, and watch your business and income skyrocket. 5. Be consistently persistent. Most network marketers give up too early. They expect to make $10,000 their first month, and when they don’t, they quit. But it takes time to build an MLM business. You’re going to have to contact a lot of people, give many presentations and endure a great deal of rejection. However, it’s the person who is consistently persistent who will succeed. If you’re duplicating a successful system, the only thing separating you from success is time. When things are looking dark, keep going. Make one more call. Talk with one more person. Follow up one more time. If you’re with the right company, you should never give up because you’ll eventually be successful. Imagine people playing games like RAD on Facebook, and having them led right into your business…! Derek Broes, the developer of the Facebook applications and games has been using Social Networking for many years and has helped companies like Microsoft, Kazza and Paramount Pictures use social networking to market online. I am already successful in my current Network Marketing company and am receiving weekly, residual checks which is great because it allows me to have the time to be with my family and enjoy life but I just couldn’t pass up adding another stream of income into my life. Imagine having some of the 250 million people on Facebook playing games that lead them right into your business? Derek Broes will be launching the first game within the next couple of weeks and there will be many more coming. Not only will people be able to play on Facebook, but there will also be apps made for the IPhone. Derek did a test run for about 2 hours to see what would happen and over 30,000 people were interested and 2,000 wanted to join the Efusjon Energy Club…! What else do people playing online games like to do…? They like to drink energy drinks so that they can stay up all night playing, now they will be able to play games all night and have not just regular energy drinks, but healthy energy drinks with the Acai Berry delivered right to their door by joining the Efusjon Energy Club. The exciting thing is that because of the way the compensation plan is structured, EVERYONE will be able to make money from people that come into the business, whether they brought them in or not…I’ve never seen anything like this in my 12 years in the Network Marketing business! All I can say, is take 10 minutes of your time to watch the following video… This business is going to revolutionize the way people do Network Marketing because you will be able to use Facebook and IPhone applications that will lead people right into your business… Efusjon / Efusion Energy Club Business Overview |
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