2. In case you had a great sponsor when you first began, he
most likely told you what to expect during your first year
in network marketing. Hopefully he didn't tell you that
you would be a millionaire by now! He should also have
explained that this is a business that takes a whole lot of
time and work to develop. A superb mentor would also
have told you to create a plan.
3. In the event you haven't really the foggiest idea how
your first year in network marketing has gone, and if
you're nonetheless working at your business then it's
most likely a great sign that you're doing fairly well. It is
in no way too late to produce a plan for the upcoming 12
months.
4. Your First Year in Network Marketing - What had been
Your Weaknesses?
5. Like any business, you can find aspects to developing
and maintaining an MLM business that you just will find
enjoyable and other individuals not so enjoyable. Some
tasks you'll find yourself being a natural and other
people... well, not a lot. However the question is: How
will you handle these challenges or areas of weakness
when they come up?
6. The first point you need to do is map out a marketing
plan for the next year, next quarter, next month, next
week and what you intend to complete tomorrow.
Bottom line? You need a day-to-day plan of action to
expose your products, services and business opportunity
to new people every day. As you work through this
"action plan" do you notice any glaring challenges?
7. Perhaps the requirement to get a better time
management system has become apparent. Possibly it's
time to really schedule time to create your business plan
and you'll need to "make time" to accomplish this. Are
you prepared to miss a favorite TV show three times a
week to find time to create economic freedom for
yourself? How about giving up 4 hours of golf every
Saturday?
8. Perhaps the most glaring issue you discovered is you do
not have any type of lead generation or plan to sponsor
and recruit new people. How do you intend to market
and promote your new business. Will you run
advertisements, hold typical prospecting meetings or set
up and online lead generation system? Maybe you need
more instruction in this area and to invest in the tools
needed to create this result.
9. Have you scheduled any non-productive time to study
and learn more regarding the art and science of lead
generation, sponsoring, duplication and marketing? How
about team building, motivation and leadership skills?
Leaders are produced, not born and you simply don't
step into a leadership role for your team... you need to
concentrate on making leadership inside your team too.
There are many sources of free instruction online.
10. One of the fastest ways to generate the result you will
be looking for within your first year in network
marketing will be to align yourself using a top producer
who is already enjoying the results and lifestyle you
want. Study and model their each and every move and
stop paying any attention to those people offering
"advice" with no record to back it up.
11. You will find a lot of so-called MLM millionaire
"wannabes" around who talk a big game but who are
not even in the business anymore. Discover, study and
model only those who are active at the moment,
because what worked 20 years ago may not still work
these days. Check upline and hold going upline till you
discover a 6-figure, even 7-figure, producer and copy
them.
12. Your First Year in Network Marketing - Will There be a
Second?
13. Treat your business like a genuine business and it'll pay
you like a genuine business. Keep good records of the
time spent within your business along with a revenue
and expense report. Bear in mind you're in business to
produce a profit. Know exactly where your financials are
at any point in time. Are you making progress or not?
And are you currently putting in your very best work?
Would you hire you to work your business?
14. Plan your work and work your plan and you will
undoubtedly end your first year in network marketing
with a profit. Then rinse and repeat. Once more you
could possibly surprise yourself down the road at what
is possible for you to achieved.
