How to Retire in Two Years with Network Marketing - This will help any Entrepreneur starting out in their first business or for seasoned professionals who need a good reminder! Thanks for reading! Please share this.
The reasons for choosing network
marketing are as varied as the people
involved in the industry, but there
are a few common threads for all of
those who have successfully walked
this path.
Network marketing opportunities
often don’t require a lot of initial
capital investment, and it offers the
opportunity to build a business that
will continue to provide you with the
funds to live and retire —well after
you stop working yourself.
By building a team of
successful marketers, you
create a foundation and
business that will allow you
to retire or move onto new
ventures.
If you follow the key steps in
developing your skills and in
developing your network marketing
company, then you can build a
successful career and even a
successful company in the industry.
The key steps for building a
network that will allow you
the freedom you deserve
include the following:
1. Become a great
leader and then
cultivate leadership.
2. Invest in training
and develop the right
mindset.
Good leaders bring out the
best in their followers but
great leaders bring out their
followers’ great leadership
qualities.
If you think about the greatest leaders
of history, the one thing that sets
them apart from others was the fact
that they empowered the leaders in
their followers, creating a pyramid
structure not unlike the structure of a
network marketing company.
Never be afraid to share
your trade secrets, tips, and
top techniques, particularly
with your team.
You only have so much time, but
when you empower your team by
teaching them to become great
leaders and teachers, then you
effectively leverage your time, your
influence and your success
exponentially.
The key to developing
leaders in your team is in
taking a step back and
allowing the limelight to be
focused on your team, rather
than yourself
You do this naturally as a parent and
your children grow up into adults that
shine but as an employer, it is easy to
become sidetracked by your own
progress and the progress of your
business.
Many employers lose sight of the
individuals in their teams but a true
entrepreneur brings out the star
qualities of others so that they can
carry the torch on behalf of the
business.
By giving your team members a
chance to grow and shine, you
cultivate leaders who will in time be
able to take over some of the
responsibilities you have, which gives
you the opportunity to grow and
develop new goals.
Developing a team of leaders gives
you the opportunity to take more time
out once you network has been
established. If you want to retire, then
building a team of leaders who can
take the reins when you retire is
essential.
One of the most important
traits you need to develop if
you want to build a
successful networking
business is to develop the
mindset of an entrepreneur.
Law of attraction, affirmations, and
beliefs are vital for success at any
level. Invest your efforts by constantly
implementing, practicing, and
improving these skills.
The internet offers unprecedented
opportunities to learn from the best in
the industry. Webinars, online courses,
and seminars are now available at the
touch of a button, giving you the
opportunity to watch the masters in
action and to learn from them.
Implement what you learn.
Set yourself a goal to learn or
implement new techniques to
ensure you get the most from
your investment.
Although the personality traits of
successful entrepreneurs are as varied
and endless as the entrepreneurs
themselves, entrepreneurs share some
basic qualities.
Here are some of the
characteristics you should
think about and acquire to
increase your chances of
being a successful
entrepreneur:
*Constantly seek to solve the
problems of your clients.
These are the problems that
will give you future business
opportunities.
*Don’t begrudge others their
success but instead respect
them and learn from them.
Analyze what they are doing
right because life is too short
to learn from your own
mistakes.
*Put your ideas into action.
Remember failure is just
discovering one way that does
not work.
*Focus on where you want to be, not
where you are. Losers focus on the race
they lost, while winners begin to train
for the next one. Keep focused on what
you want to achieve and keep moving
the goal post.
You see it on every
level of business and
society: people fail,
systems don’t.
If you plan to retire in two
years, then you need to invest
in developing a system that
others can implement easily
or one that delivers consistent
results.
Creating a foolproof system
requires a lot of thought and
an ability to assess what
works for you, and what
works for your team.
You need to recognize the
characteristics that are important in
each aspect of your business, and you
need to quantify those characteristics
to create a set of detailed instructions
that will allow your employees to
repeat the process.
The system will most likely never be
complete. Keep learning from results
to improve the system and teach your
team to keep growing by analyzing
their results.
If you can quantify and
capture the things you do for
success, you can pass that
onto your team and to the
leaders in your team, and
train them to train their team.
If you have a comprehensive system
then you stand a good chance of
creating a system that will not only
fund your retirement, but will fund
you and your family for the rest of
time.
The exercise of establishing
yourself as a brand can be a
great way to focus on your
core skills, what you have to
offer, and what you want to
achieve.
Your customers don’t work
with your company, they
work with you. They are
buying into you, not into
your product line.
Establishing yourself as your brand
gives you the opportunity to build a
business of followers, rather than
customers. When followers buy into
you as a brand, they will follow you
irrespective of what you sell in the
future.
1. Be authentic – Don’t be tempted to
follow trends. Be yourself. Take time to
work out what makes you unique. Ask
yourself why people are attracted to
you and what you have to say, and focus
on those qualities for your brand.
2. Be true to yourself and your brand –
Once you have established your
characteristics and strengths, be true to
your brand. It takes a lifetime to build a
reputation and a few minutes to ruin
one.
3. Promote your brand – Use every
opportunity to promote your brand.
You are after all your most valuable
commodity. Invest in promoting your
brand in the same way you would
promote your most important product.
4. Define your Niche and Focus – Make
sure you know your target market in
terms of who you are aiming at and who
you appeal to. Marketing that is
unfocused is a waste of time and
resources, and building a brand is
similar to marketing.
5. Reach out on social media and via
email and connect with your target
audience as often as possible.
Sharing is caring and if you genuinely
reach out to your followers and share
your knowledge and wisdom with
them, you are in effect building brand
ambassadors who will help you to
build your brand.
Remember – You are your most
valuable commodity – and personal
branding is a way of implementing
marketing strategies to grow your
most important product.
If you want to retire in two years, then
you need to devise a plan to do so.
Take the time to focus on what you
want, believe you can achieve it, and
create a roadmap for your success.
Network marketing offers incredible
opportunities for those willing to learn
and to put what they learn into practice.
Use the tips and techniques above, build
you own team of winners and leaders,
and teach them to be leaders so that you
can retire.