If you're having a tough time recruiting and earning a decent paycheck, then you'll want to know this secret of making money fast in your network marketing business...
They said you could replace your income...
They said the company you would be apart of was revolutionary - and that the products would sell like hotcakes!
They said your business investment would be minimal as compared to other companies...
But...
What you got instead was a network marketing business that has cost you an “arm and leg” to keep running - with no end in sight of you replacing your job anytime soon.
Worse yet, the products are not easy to sell as they told you it would be.
Did they lie to you or did they not reveal the complete truth about your business opportunity?
Maybe a little of both - but here's my point...
Odds are, your company is like any other type of mlm (multi level marketing) company in that they tell you only the good and intentionally leave out the bad and the ugly.
In reality, it’s that way in real life.
Did your significant other reveal to you ALL their bad habits and dirty little "secrets" before you hooked up with them? Probably not - right?!
You most likely "discovered" these little secrets as you went through your relationship with them.
The same can be said of your home business. The deeper you get into it, the more you realize that it's not so simple to make fast money in network marketing.
After all, if you really knew the truth about running an mlm business you probably would have not joined in the first place, or at the very least, gotten Internet marketing training before signing up.
Don't fret - there is something that can be done.
Keep on reading...
The Shocking Truth About Your Business Opportunity
Here's the truth...
Network marketing is in a different category all its own.
Although there are aspects of it that are a little better than most traditional businesses (you can work it from home), however making money in network marketing can be quite a challenge.
Why?
Your income is reliant on your ability to recruit people that buy products - period.
That means that you've either got to get people that want to do the business AND ultimately buy the products consistently month after month or you've got to get a lot of people who just want the products your company sells (i.e. consumers).
Unless you're in a product centric company like Tupperware or Avon, then it may an uphill battle trying to sell your company's products.
The nagging truth is that you're here reading this because you know this to be the case and your "back is up against the wall" to make your business opportunity work or just cut your losses and quit.
Here's the burn - you don't want to quit and feel like a failure. You don't want to hear those naysayers in your life wagging their finger in your face like a naughty child that has done wrong saying “I told you those things never work!”
Tired of being humiliated?
You can win.
How?
Make it easier on yourself to make money...
The Way to Faster Cash-Flow in Network Marketing
It's proven.
It's practical.
A lot of the top income earners in network marketing do it - just some won't admit that they do this.
It's called cash-flow baby.
And if you don't have it coming on a consistent basis you're gonna struggle to make your business profitable.
A lot of the top marketers are earning faster profits, by selling info products, training, systems, and other tools.
Here's the glitch with network marketing...
You gotta have more people coming in the front door than leaving the back door (i.e. attrition). Not only that, but you have to sell a whole heck of a lot of products consistently.
And if you're buying a lot of your own products so that you can earn your full paycheck, then you're in a deep money pit that's sinking you and your family's finances.
Unless you're a superstar recruiter or seller of products (and if you were, you wouldn't be reading this), the only way out of the financial doomsday that's gonna befall your family is if you you find a way to make money off of those that tell you "no" to your business opportunity.
What?!
The majority of people you present your business to will not join your business. I think by now you've probably figured that much out.
Get this...
If you don't capitalize on the “no's” you're building your business on an uphill slope - it'll take you years (if ever) to get to the top.
This is a very frustrating-hair-pulling way to build your business...and I'm sure you probably know this to be true.
So your next question is probably “How do I start making faster cash-flow by getting people to tell me "no"?
It's a little simpler than you think...
Faster Cash-Flow Can Save Your Business
There are really two things you need to know...
First of all, people who are already familiar with network marketing are easier to sell to than someone who is totally unfamiliar with network marketing.
How many times have you heard that MLM is a Ponzi or pyramid scheme?
Lots of times - right?
You can spend your time spinning your wheels trying to convince these people that not all MLMs are scams or you can go after people who are already convinced.
What makes more sense to you?
Going after those that are familiar with network marketing of course.
Odds are these people are not only familiar with network marketing but quit likely have bought into a business opportunity.
Again, here's the key...
Go for the easier sale.
The second important point is that you want to sell an entry level product (info product, service, training, system, or tool) that appeals to people who are already in the home business/network marketing industry.
Why?
1. It's an easier sale than your biz opp.
2. It creates faster cash-flow so you can put more money back into your bank account to cover your business expenses like your autoship costs.
3. It helps build your
authority and trust level with your prospects so that when they're ready to join a business, they're more likely to join with you.
Leading With Value
When you lead with value vs just pitching your business opportunity, you set yourself apart from the masses.
Most network marketers you “run” into online already have a business or program that they’re promoting.
Why would they quit theirs to join yours - especially if you’re a total stranger to them?
They won’t.
They will tell you “no” to your business opportunity - and that’s ok because you have something of value that can help them anyway even if they don’t join your business.
This is also a reason why you have to build a relationship first. People have to like and trust you in order to buy from you.
This is why a lot of successful network marketers have turned to implementing this strategy into their business to help them attract the right people to them and their business and in turn, help them make more money a lot quicker.
Does this sound like something you want to do in your business?
If you're tired of the relentless struggle just to stay afloat in your business, keep reading...
What I Recommend...
This is the slow method…
First create an entry-level product or service. It can be free or low cost, however it must appeal to the people you are targeting.
This will help you "lure" highly qualified prospects into your marketing funnel.
In order for this to work you have to create a squeeze page that converts very well that promises your entry-level product/service.
Inside of your marketing funnel, you will have products/services that help your prospects build a better business.
This could be more lead generation training, marketing tools, systems, one-on-one coaching, etc...
The money you make from your products/services can be used to help you build your existing primary business faster (buy advertising, cover autoship costs and other business expenses).
This is how you make fast money in network marketing...without recruiting a lot of people.
I know you’re probably thinking...
What If I Don't Have the Time?
If you're like most people, you don't have the time, patience, or skill level to even begin creating your own products/services let alone the time to create high converting landing pages.
I get that...
This is where leverage comes in.
All smart marketers find ways to get leverage in their business. This allows you to spend your time on the money-making activities that produce direct results.
This is the system I suggest you leverage - if you don't have time, patience, or skills on your side.
What about you?
Are you sick and tired of:
- Spending money in your business opportunity - with nothing to show for it?
- Watching other people have success, while you seem to be losing money at every turn?
- Not knowing how to bring in highly targeted leads - profitably?
Awesome post Corrisa! When you recruit people with false statements like you will get rich fast, or that this business is easy you are setting yourself up for failure. What usually happens is that prospect that you recruited with hyped doesn’t get the results you promised as fast and they end up quitting.
I’m always up front I tell people network marketing is a simple concept but it’s not easy. It’s going to take a lot of work.
Having front-end products is a fantastic way to earn a “now” income while you are building your mlm on the backend. Most people are going to say no to your primary opportunity anyway so why not have something else to offer them.
I’m not a fan of putting all my eggs in one basket especially when it comes down to my income.
Thanks for the share!
You’re a great asset to this industry Dereco! People respect you more and are even attracted to you more when you tell the truth – even if it’s a little bit ugly 🙂 Keep up the awesome articles and thanks for stopping by and leaving your words of wisdom! Continued success to ya!