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Top Network Marketing Tip – Profit From the 95% Who Say No to Your Business

One vital piece of information that your sponsor invariably doesn’t share with you when you get started in your network marketing business is that around 95% of people will say no (hopefully fairly politely!) when you invite them on board your business.

Don’t worry about this or take it personally – it isn’t you they’re rejecting. And if you focus on finding people who are actually looking for what you have to offer, as opposed to pitching your business to every Tom, Dick and Harry, your conversions should improve.

But perhaps the most important network marketing tip, while you’re prospecting to build your business, is to keep your cash flow positive. So if you could find a way of offering these “non- joiners” something else that would be of real value to them, that they would happily pay you for, wouldn’t that be cool?

That way, cash flow stays positive and you won’t suffer the fate of so many distributors, who quit before they’ve given themselves a chance to succeed.

To generate an income from the people who say No, you need three things:

1. A proper marketing method for generating targeted leads.

Whatever you do, don’t rely on your “warm list” to build you a huge network marketing business, because it almost certainly won’t. You should be looking to target people who are ALREADY in the market for a business opportunity. In all probability you won’t know too many of these, so go find them online. Educate yourself on the many different marketing strategies for finding hot prospects on the internet, pick one or two that you like – and get really, really good at them!

2. A funded proposal.

What’s a funded proposal? This pays you commissions from the people who do – and those who do not – join your primary network marketing business, by offering them lower-priced items up front that they truly do need. Such items are too numerous to mention, but could include stuff like online lead generation training, web hosting accounts and autoresponder services. Or maybe even a blogging course. This will fund your business as it grows and provide you with a list of prospects who are getting warmer by the minute, as you offer the help and advice they so badly need.

Don’t worry, you don’t need to create your own products – not just yet, anyway.

3. An, easily set up, customisable system that brands YOU (not your business), is easy to duplicate and makes you money on autopilot.

One of the best network marketing tools you can possibly equip yourself with is a good attraction marketing system, packed with customizable landing pages, valuable training and built-in affiliate programmes. What an attraction marketing system does is enable you to draw the right prospects to you, online. Prospects who are serious about network marketing and actively looking for information that will help them to build their businesses.

Now, some of these people will eventually join you in your business. Most won’t. But many of the non-joiners will want to benefit from the lead generation training that your attraction marketing system provides and the other essential network marketing tools that you’ll be offering as an affiliate.

It’s actually pretty hard to choose between maintaining positive cash flow and generating sufficient quality leads as my top network marketing tip. They’re both vital, but cash flow probably wins by a whisker. If it takes a little longer than anticipated to find good people for your business, it doesn’t matter so much if you have money coming in!

Some Network Marketing Tips That Will Turn Your Business Around

So in network marketing some are successful and some are not. Why is that? Is it because they get lucky? Is it because they know the right people? The answer is no. The answer may be easier than you thought. Here are a few network marketing tips that will help you be that guru you strive to be.

The first networking tip you need to do is Make a Decision. You need to make a decision that you will do this business. You need to make a decision that you will be successful. Because most people in network marketing treat it like a hobby and not a job is the reason they fail. When you treat it like a business, you will get results like a business. When you treat it like a hobby, you will get hobby results. So all in all, make a decision first and foremost.

The second networking tip is about schedule. Once you have made the decision to treat your business like a business, you want to check your calendar and mark all the times you can do something for your business. Imagine going to work for only 4 hours a week at your traditional job. You probably wouldn’t make a lot of money and you wouldn’t get a lot done. Well, same thing goes with network marketing. Even though some companies tell you that you can treat it like a part time business, this couldn’t be further from the truth if you are looking to replace your income. You actually need to work!

Network marketing tip #3 is that you need to continue your education. I am not talking about going to college or going back to school. I am referring to ongoing self improvement. Reading a motivational book before you go to bed or even a chapter of that book is better than nothing. Getting to as many live events for your network marketing business is also a great way to learn. It is also recommended that you go outside the realm of your own network marketing company and catch events that are motivational, where you can learn a new skill to apply to your business or other life and leadership skills.

The last tip that will come in handy is the learning the skill of budgeting your money. Some may wonder why this is important. It is important so that you don’t over extend yourself while building your business and it is also important once you have built a business to a level of success so that you didn’t do it for nothing. It is best to figure out what you can spend on your network marketing business monthly. You may start lower but as your business starts to grow you may want to allot a little more. This is money that you can spend on training, traveling, tools and anything that you need to better find success in your business.

So overall, the network marketing tips you may have gotten in the past like writing down a list and calling everyone you know are not necessarily the wrong tips, but they definitely aren’t the things that will make you money. Making a decision while taking constant action with constant learning and a budget to be able to do these things will make your business the success you are looking for.

Need Help With Network Marketing? Where to Go Online for Network Marketing Tips

“I need help with network marketing” was what I heard when I picked up the phone the other night. It was my brother and he finally admitted to me that he started his own home based business. At some point in our MLM careers it happens to all of us. When you are new you just do not know much, but if you have been in this industry for a while it happens when frustration starts to sink in. Once you look past the images of fancy cars, 5-figure monthly claims and Caribbean vacations you realize MLM is not as easy as it seems. I am addicted to training and am always looking to increase my knowledge base. I spend just as much time trying to learn new things as I do actually building my business. The main reason is it increases your value and what you can offer either prospects you want to recruit, or even your own downline team so you can show them new ways to grow their businesses. Information is power and is your best tool. Invest in your education, and that does not necessarily mean to keep spending money. For those who market on the internet especially, be on the constant lookout for online network marketing tips.

One of the best places to go to find network marketing tips online is to hang out with fellow MLMers. Blogs, forums, video sharing and social networking sites are four easy and free ways to connect and find help online.

BetterNetworker online is an online forum and an absolute fantastic source to connect with other network marketers. Many of the online MLM gurus are featured contributors, each with their own specialty. If there is a particular strategy that you think best suits your style, then check out a relevant contributor’s blog and subscribe to their online training or news feed.

If you like to do all the nitty gritty stuff on your own, or for whatever reasons have to, then YouTube is great for finding videos on the “how to” stuff. It is one of the best free online training resources to help you with your network marketing business. If you want to learn how to install a blog or set up an auto responder, then YouTube is the place to be. You can also find instructional tutorials on key strategies which are also extremely valuable in growing your MLM business. Find a couple videos you like and subscribe to their channel. This way you will be alerted when a new training video is released.

The last place I will touch on is Facebook. Successful network marketers like to tell everyone how well they are doing. One main reason is because people are attracted to success and it establishes credibility. Seek out and friend people who are either fans of network marketing or in network marketing groups and companies. Any recent success or latest and greatest tips will surely be promoted in their daily status.

Just be a sponge and keep on learning.