Your first 30 days is the most challenging time in your MLM career.
Why is that?!
Because your sponsor is most likely teaching you to call your warm market, or they may even have disappeared altogether.
What ever the case may be, you are trying to figure out how to get your business up and running right?
You see my first 30 days I wanted to make my initial investment back and bank some funds for growing my new business.
I tried everything my sponsor told me to do.
I was working with more Hope than skill or even knowledge of the MLM Industry itself.
I was suckered into believing if I ran all over town telling everyone about it and bugging the crap out of my friends and family I would do well.
Never once, even though it was my goal, was I told or taught how to profit in my first 30 days in MLM.
In today's post you just may learn how to profit in your first 30 days in MLM.
Profit in Your First 30 Days in MLM Or Close Up Your Business
In the profession, there’s basically 2 ways to generate an income.
- The actual sale of the product or service
- MLM prospecting
Although there are several steps involved in each process, we are going to focus on what you need to know to turn a profit in the first 30 days of building your business.
#1) An actual retail sale
Whether it was the compensation plan, the products or just the culture, you found something that you felt you could share with others to help impact their lives like yours was impacted.
When it comes to sharing your product and gaining customers, your passion, belief and enthusiasm are critical.
However, there are a few additional elements that you MUST consider before racing off to spread the word about your company and their products with the world, which are:
- What solution does your product provide to the market place?
- Who is looking for a product that provides that type of solution?
- What benefit will they get from owning and purchasing your product?
- Why should they buy it from you?
As convinced as we often are about the benefits of our company products and how everyone could benefit from them, you still want to consider the needs of your potential buyers and how their quality of life will be enhanced because of buying this product.
MLM is a sales business, and in order to retail as many products as possible, you have to implement the sales process, which is:
- Build a rapport with your potential customer
- Ask questions to create a need
- Listen intently
- Share how your product will solve their problem and what benefits they will get with it
- Close the deal
The more conversational you become with your prospects without trying to “push” the sale on them, the more you’ll find them closing themselves on the products just by asking them the right questions and allowing them the freedom to talk and share with you exactly what their hot buttons are that you can sell them on!
The true leverage in building your business is in building a team of people who duplicate your efforts, while increasing the volume and profits of your organization.
This is often the most feared aspect of the business because we often associate our “new recruits” with family and friends that we assume are going to dodge us at the next family gathering.
Recruiting however, can actually be the most exciting part of the business if you “change your mindset” about what recruiting really is.
Although you have personal numbers and goals you want to meet so that you can earn a nice paycheck, recruiting shouldn’t just be viewed as a payday.
It’s actually an opportunity to impact and change someone’s life, while opening a door for them to discover financial freedom and a whole new way of living.
There’s so much more to joining a Network Marketing business than making money.
Of course that’s a critical part of why people join, but there are also the benefits of connecting with positive people, enhancing your personal development and learning your strengths and weaknesses.
There are also opportunities to go to places you never imagined, and even potentially work for yourself fully, without ever going back to clocking in at a 9 to 5.
The minute you can learn to interpret the benefits of your new “Millionaire Fraternity or Sorority”, you will find that people are dying to go with you to the next meeting, just to meet some of the inspiring leaders that you’ve been boasting about.
Should you want more training on how to profit in MLM in your first 30 days feel free to click on any of the free training offers to the right of this post! I'm sure there is one there to fit your needs!!!!
Enjoy Profit in Your First 30 Days in MLM!