Tuesday, August 25, 2009

8 “Amateur” Mistakes To Avoid That Network Marketers Make When It Comes To Recruiting New Business Partners

8 “Amateur” Mistakes To Avoid That Network Marketers Make When It Comes To Recruiting New Business Partners

I’ve identified 8 common mistakes made by the average network marketer with respect to finding new talent. I made many of these mistakes myself. See if you can relate to any of these challenges:

SIGNING UP PEOPLE SIMPLY BECAUSE THEY CAN AFFORD IT: If someone could come up with the investment to get started, I would enroll them even if they showed little or no capacity to do what it takes to succeed. I liked the idea of feeling “successful,” but when they quit 30-60 days later, it really hurt my business.

CONVINCING PEOPLE TO GET INVOLVED: Amateurs chase and convince people, while professionals sift and sort. If I have to beg and plead with someone to place an order, attend a training, etc., then I’m simply dealing with the wrong person.

FEELING PERSONALLY RESPONSIBLE FOR SOMEONE ELSE’S SUCCESS: When people began to quit their business, I would feel as though I failed them, when in actuality they failed themselves. People quit diets, college, marriages, jobs, etc., for all sorts of reasons. Not everyone will do what it takes to succeed no matter how much assistance you provide. It’s ok to let go.

BEING TOO AVAILABLE: When people thought that I had “all the time in the world” to work with them, they would begin to either abuse my time or begin to lose respect for my leadership. They began to feel as though I needed them, and they treated me as such. People respect you more when they know you’re time is valuable.

ACTING MORE LIKE A FRIEND THAN A COACH/MENTOR: My father used to say to me, “I’m your father, not your friend.” I didn’t understand that comment until I realized that you can’t be someone’s friend and also lead them, because friends try to spare feelings even when the hard thing needs to be said. The friendship can’t take precedence over your role as coach and mentor. It will destroy your business.

TEACHING “PROSPECTING” AS THE ONLY APPROACH TO RECRUITING: Only 10-15% of people have a “prospecting” personality type, which means they are comfortable (or at least mentally strong enough) to pursue friends and family, or cold call strangers. Leaving the other 85-90% of my organization with no alternative to this approach set them up for failure before they even began.

PURSUING THE NEEDY INSTEAD OF THE GREEDY: Having a “save the world” mindset doesn’t lend to any long-term success in network marketing. Enrolling 10 people that “want it” produces far superior results than enrolling 10 people who “need it.”

BABYSITTING: I used to burn a lot of time checking up on my organization, trying to stay on top of their progress. I thought that if they saw me as being concerned about their success, that would spark them to stay active. Accountability is very important, but it has to be initiated by them, not me. Otherwise, it can be perceived as pestering or pressure to perform.

When I graduated from these mental blocks, I realized that I was finally acting as a professional and not an amateur. It’s challenging to make the shift, but once you do the rewards in this business are worth the pain and suffering to develop and mature into a true champion.

Larry Beacham
Diamond Cutter Marketing Group
http://lkin.StonecoldMillionaire.com
614-516-9906

Need To Give Your Network Marketing Business An “Extreme Makeover?” I Sure Did. Here’s The Very Same Resource That Helped Me To Turn Things Around: http://www.MagicSponsoringMachine.Info

MLM Tip of the Day #270

Nobody in Network Marketing has ever been ashamed of
telling people exactly what they do for a living when they
are making money.

Sunday, August 16, 2009

MLM Tip of the Day #215

It's not the amount of time you put into your business but the
quality of time that counts.

Thursday, August 13, 2009

MLM Tip of the Day #216

Somewhere, somehow, right now, there is someone
who wants to work with you and will make you a
lot of money if you can find him.

MLM Tip of the Day #221

Keep a journal. It not only helps you see what's working
and what's not working, it's one of the valuable things you'll
leave behind when you're gone.

MLM Tip of the Day #223

The three most important components of a successful Network Marketing business are:

1. Knowing what to do
2. Knowing what to say
3. Your commitment level

You can be taught the first two.

Wednesday, August 12, 2009

MLM Tip of the Day #256

Prospects that ask a lot of rapid-fire questions are not usually
good prospects. Don't spend too much time with them.

Monday, August 10, 2009

MLM Tip of the Day #255

Become a student of direct marketing. If you get good at
direct marketing, you won't have to do much selling. Good
direct marketing will cause your prospects to come to you
already pre-sold.

MLM Tip of the Day #254

Think and operate your business like a doctor or attorney. You
never know it all; it's always changing; you need flexibility--hey,
it's a practice.

Saturday, August 8, 2009

MLM Tip of the Day #253

Prospects don't care what YOU would like to do. Never tell a
prospect you'd like to make an appointment or give them a
presentation. Instead, make a request or ask permission to do
so and they will be more receptive.

Friday, August 7, 2009

MLM Tip of the Day #252

There are many ways to make money in Network Marketing
without ever selling a product or recruiting a single person.

Think: Multiple Streams of Income.

Thursday, August 6, 2009

MLM Tip of the Day #251

Did you know that the skills of selling, coaching, and Network
Marketing are closely related? If you can do one of them
pretty well, you can do the other two pretty well.

MLM Tip of the Day #250

When going on a face-to-face presentation, do you know
what to take with you? The answer is everything. Take
your visuals, testimonials, samples, notebook computer,
flip charts, whatever.

You never know when you might need one or more of them.

Tuesday, August 4, 2009

MLM Tip of the Day #249

Do you have "Social Intelligence"?

Social Intelligence is the ability to sense another person's
feelings and/or perceptions. If you have it, you can be an
extraordinary salesperson, network marketer, or personal
coach.

To see if you have Social Intelligence and other strengths,
go to: http://www.authentichappiness.org and take the "VIA
Signature Strengths Questionnaire"

Monday, August 3, 2009

MLM Tip of the Day #247

People want things they cannot have. Make it difficult for
people to qualify for your time, knowledge, and business. If
you do, they will be more attracted to you and your offers.

MLM Tip of the Day #248

It would be wise for you to make a policy of never making
cold calls again. Instead, make the commitment that you are
going to build a referral only business.

Saturday, August 1, 2009

MLM Tip of the Day #246

Rule number one in prospecting is to get an
appointment to do a presentation.

Rule number two is to make sure the prospect is
qualified before giving the presentation.

Rule number three is to know what to say so you can
effectively do number one and number two.