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Don't Do These 7 Things When You Are Building Your MLM Business
- By Chris Kosman
- Published 03/24/2008
- MLM General
- Unrated
Chris Kosman
Chris Kosman writes about MLM in his blog MLM SPOT. A site dedicated to every Network Marketer seeking the right knowledge to build his business.
View all articles by Chris KosmanWhen it comes to Network Marketing, many people who join a company and try to build their organization are doing some common mistakes. Mistakes that are going to cost them a lot in lost time and cause them frustration and disappointment. Avoid doing them and your chances for success improves dramatically. Now you are on the right path to achieve financial freedom. So learn what you should avoid doing at all costs.
1. Don't try to do your own thing.
Most of the new distributors have the
mentality that they know already everything they need. So they go out
trying to do things their own way. They thing their way, if not
perfect, is better anyway from what others do. Whatever they might
think, of course, isn't necessarily true. Knowledge and opinion are
different things that usually don't coincide. It is better for you to
take advice from your sponsor and study the company's manuals that
pinpoint the best approach to running your business. What they teach
you is not opinion but hard facts as they have tested these things
trying to find out what works best.
2. Don't skip the training program.
Companies have every incentive to teach
and educate their distributors on how to grow their organization and
build the foundations of their business. To accomplish that, they
organize seminars or they are doing conference calls. Such events, if
not free, they usually require a relative small amount of money.
Finding excuses to avoid them don't serve you at all as you hinder
your chances for success. The things they teach there, albeit very
basic, are the essentials and are tailored for new and inexperienced
members like you. Also, it's certain that your sponsor and the rest
of the team are monitoring whether you participate in the events or
not. For them is the best way to see who are really serious in
building their business and are prepared to do whatever it takes.
3. Don't sit and do nothing.
Multilevel marketing may be the best
business model suited for inexperienced people, but that doesn't
imply that it's automatic. Sit and watch it grow, won't do you any
good. Your downline doesn't duplicate on its own. Your sales volume
doesn't increase with wishful thinking. You should start working if
you want a thriving organization that would provide you the kind of
income that you desire.
4. Don't believe that you know
everything.
It's a trap that a lot of p
Every successful entrepreneur knows
that education is an ongoing process. And they don't just know it,
the practice it everyday. They are always trying to learn new things
and improve themselves. Knowledge is their journey not their
destination.
5. Don't try to build your business for
free.
I know that you are aware of the adage
“you get what you pay for”. Although it's not an absolute axiom
when you try to grow your business, as there are many free methods
that can get you excellent results, it holds true in most cases. You
must learn to master the art of wise spending and practice it when
you draw up your budget. Free also has its place but you should
calculate what it costs you in time in order to take better
decisions.
6. Don't talk constantly about the
product.
You are a marketer and not a salesman.
As Robert Kiyosaki the author of “Rich Dad” series is saying
McDonald's don't serve the best hamburger but they are making
billions. Marketing isn't about the product but about the whole
experience and begins before someone decides that it needs a product
similar with the one you sell. That doesn't mean that you could sell
garbage, of course, but just don't make the product the focal point
of your business.
7. Stop chasing everyone.
90% of the population is not interested
in your business. They won't even want to listen to you, much more
becoming distributors. Why lose your time and your sanity trying to
prove the opposite. You would only get disappointed and frustrated if
you follow that route. Your business is to reach those really
interested in what you have to offer. You should set up a system in
order to make that happen. A system that can also help you to
separate those who really can make a difference and help you grow
your organization. You want the best of the best. Those truly
passionate in succeeding who are ready to do whatever it takes to get
where they desire.
Now that you know what to avoid find out what you need to do with your MLM business