Tuesday, September 29, 2009

Are You Making Money Yet?

As a Business person, what is it that you would need the most to have a viable business? Leads. Whether you are a newbie or a non-newbie in your MLM Business, you will always need leads. If you want your MLM Business to grow someday, you still have to keep getting more and more leads on a regular basis. Leads, as the lifeline to your MLM Business, is necessary in order to grow your MLM Business. This brings us to a couple of questions you will have to ask yourself. You may as well begin to ask yourself right now: How do I go about getting those Leads? How can I get those leads in an efficient and effective manner?
When you are dealing with issues in marketing your new MLM Business, you should become mindful of your limited resources in terms of Time and Money? You and I do have the same amount of time in a day(24 hours). No one person or one business does have any more time than another person or business. The only difference I can see is how we choose to use our time. Since we are talking about marketing and finding leads for your MLM Business, what do you want to do about your time? It depends on you. What is your time worth to you?
You are making a business decision here. As a result, I am not going to call your time a free time. It is worth something to you or it has the potential to worth something to you someday. Remember, your time is consumable. Once you use up your time, it's gone. Wouldn't you think that a portion of your marketing efforts and time, (Business Exposure, Leads gathering), has to be optimized? You may begin to ask yourself, what does this have to do with leads? Let me clarify what I am going with this in terms of business development. It has everything to do with how we generate leads and what you do with the leads. I want to show you that there is a way how not to waste your leads but, how to monetize your leads. I want to believe that you are reading this article because you want to learn how to generate leads for your MLM Business, and monetize it even if nobody joins your Primary MLM Business.
At one time, we were all leads for someone elses Business Opportunity. To keep things simple, let's agree that we finally did join one of them. We may have joined for our own personal reasons. What we were not aware of is the opportunity cost of joining this new Biz. Let us asume that we are on the other side of the business spectrum(Ownership). You are now owner of your own MLM Business. All of a sudden, you realize that you need leads for your MLM Business. You have met with your enroller for his help. He/She advises you on how to get your leads. What does your enroller train you to do? Your enroller will probably tell you to make a list of 50 to 100 of your friends and family or write down the name of all the people you know. You may react to that advise by saying, 'hey, I don't know anybody'! The reality is that you now own your MLM Business. It's now your baby. You like your new business. You understand the compensation plans. You like the products and you believe that your parent company is well run. In your minds eye this is the greatest Biz around. Just wait until you talk to your 50 to 100 family and friends. Nontheless, you still have to deal with that aspect of marketing commonly referred to as lead generation. At this point, What do you want to do to generate your leads? As a new business or maybe a first time business owner you are making this major decision. For brevity, Let say you followed your sponsor's plan. You decided to ask your friends and family to join your business. Will this be the best use of your business time? Maybe yes maybe no. Your answer may depend on the degree of thickness of your skin. You would be your own judge. Let's say your answer to that question was yes. Let's say, one or two of your family and friends joined your MLM Business and the rest of your friends still like you. That's great. Now, at this point in time, you have ran out of leads, do you stop prospecting for leads for your MLM Business? Ofcourse Not! If you do, you will be out of business in no time flat. Can those family and friends you brought into your MLM Biz duplicate your feat. I will say no, unless your new enrollees also have their skill set as equal as to yours or even better than you have. If those new members can't duplicate your success, they will eventually drop out of your business. You, then, as a result, have no downline and no return on your investment.
Don't despair, because there is another way of attracting qualified leads to your MLM business. It is more effective and is a proven method. This method is efficient and it is duplicable. It is doable and can be taught to members of your MLM Business team. There are even training courses available on DVDs and CD's and Webinars for FREE. You, or your downline do not have to worry about not knowing anybody. You won't have to worry about not knowing how to recruit. You just plug into the system then you go from there. Not having any leads or not knowing any body suddenly will become a thing of the past. There are only two questions you should ask yourself: When do I start? How do I start?
First, are you teachable? Second, when do you want to start? Are you willing to commit your efforts to your own success plan? If you say yes to the above, then you can generate endless amount of leads for your Primary MLM Business. As we speak, there are people using such a system and variation of the system. All you have to do is just plug into the system. Immediate training begins for you and your enrollees. It is not totally free; it is simply effective and efficient. You do not need to bother your friends and family. Your success in your new MLM Biz will even attract your friends and family to your MLM business without the put downs. The advantage of such a system is that even if you use the same amount of time to find your leads as you did with the other system, and if only two percent of the people joins, a large percentage of the other 98% may become attracted to your secondary programs up front. If you follow such a system, some of your marketing cost will be covered while growing your primary MLM Networking business.