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Saturday, 2 July 2016
HOW TO BUILD A NETWORK MARKETING BUSINESS
Network marketing Business.
This is made up of sub branches
-meeting people or lead generation
- building relationships/follow up or Prospecting
-selling your business
-team building
-leadership
You must not neglect any of these aspects.
Lead generation/meeting people:
To effectively prospect, you have to make yourself great in RELATIONSHIP BUILDING
You don't just want to sell a business idea alone, you want to be heard, you want to be listened to.
To do this you have to first listen and hear the mind of your prospect.
Doing this you will gain two things,
1. Their attention
2. The ability to speak to their sub conscious mind
Make it a goal to constantly meet new people, make new friends.
Facebook has made it so easy by suggesting people you may know. ADD FRIENDS. Be it on facebook or in the real world. Make sure to keep expanding your circle of influence.
The more people you know, the more your chances of getting more people into your network.
Give out your business idea as a suggestion. Allow your prospects think about it, then FOLLOW UP
Don't make it be all about Business talk to them about their personal lives, Build relationship
Assuming a prospect has two or more people calling on him to register, chances are that he will register with the one who shows more desire in his welfare.
People don't CARE what you know till they know that you CARE. BUILD RELATIONSHIP
Team Building
Make sure you don't just get people registered and continue HUSTLING for more people.
If you employ this strategy, you will wear yourself out and you will be no different from a sales person.
Remember, you are building a network. The power of your potential net-worth lies in your network.
They say that the strength of a chain lies in its weakest point. And the same is true about your network
One of the keys to success is never giving up, being determined.
So what do you do when a member of your network starts giving up and becomes inactive.
You encourage them
And please NEVER scold a downline who is inactive
Motivate your inactive downlines.
For your motivation to be highly effective, you must first find out the cause of their inactivity
It's not all about the rewards they stand to gain. It's about giving them the right attitude which they will duplicate in their own downlines. The attitude of never giving up.
You also have to never give up on them.
Motivate them
They cannot find a prospect and you have two who seem interested, link one through them. Engage them
At least during the process of convincing the interested person you've directed to them they will find their own zeal coming back to them.
The network marketing business is the best business model imaginable because it relies heavily on team work where everyone needs each other to succeed
Forget the spillover. Don't rely on registering so many for it to spill over into your inactive downlines accounts
It's all about motivating your team mates to be excellent so that while you are resting and relaxing to a nice time alone or with family, they are also teaching others on your team to do the same.
You MUST be a good LEADER
Being a good leader doesn't mean being the strongest, it only means the ability to groom the weakest to be strong
I would like to conclude by saying, visit and encourage your weaker downlines and make sure you build a strong network
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