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Over 90% of all Network Marketers spend more money than they make. Of the remaining ten percent, 60%-70% make less than $500 per month.

That isn’t enough money to attract high-quality people. I doubt it’s enough to interest you, either.

So what can you do to stack the deck in your favor once you’ve caught the “MLM bug”?

Since the majority of networkers don’t make much money, the chances are pretty good that your sponsor is making less than $500 per month. Unless he or she is really savvy, they probably won’t know what to say when you tell them, “I’m not interested in knocking on doors or calling family members. I want to use the internet to build my business.”

Even though the internet has been used to sell everything from houses to horses, it has only recently become a viable tool for MLMers. Through to hard work and insights of a small group or really smart people, it is slowly becoming a reality. But the vast majority of network builders get into an MLM for the wrong reason–they used a product that helped them lose weight or save money, and now they want to tell other people about it.

If your sponsor tells you that the way to make money is to sell a lot of product and find a few other people who will do the same thing, they probably won’t business very long. If you follow their advice, neither will do. You have to feel comfortable that your product is high-quality so you can recommend it wholeheartedly.

Most networkers are initially attracted to an MLM opportunity because of the superior quality of a product. This is an important factor in choosing a company to represent, but it’s not the MOST important factor. Of course, you want to share a product you like and can stand behind. If you’re just selling something for the money, your prospects will sniff you out and know you’re insincere and they won’t listen to you the next time you have something you want to tell them about.

Your Product Is Not Important To Your Success! Products come and go. There’s a new weight-loss product every week.

If you’re getting into MLM as a path to independence, there are two things you can offer your prospect that are more important than which product you offer. 1) The vision of residual income and financial independence, and 2) the belief in YOU, that you’ll help them get there. And the only way you can do that is to provide them with a turn key system that is so simple THEY CANNOT FAIL.

The primary reason for new distributors failing is that they don’t have a system to fall back on. The instructions they’re most often given didn’t work 50 years ago and they don’t work now. This is the age of the Internet, but not 1 in 100 know how to use it to build a network.

Yuck! Who wants to do that? (Actually, I know someone who LOVES to do that. Thank God for Caller ID. I can avoid his calls and not hurt his feelings!)

The Net is the ideal tool for building a networking business. But it seems out of reach of most people because it seems like you need to be a computer wiz to create a user-friendly system. Unless you’re a high-end programmer, that’s almost impossible.

I don’t want to dissuade you from starting a project like that if you’re an internet marketing genius and a skilled webmaster, In fact, I’d love to see what you come up with. There’s a huge market for a prospecting/recruiting system that non-techie types can use.

The best system I’ve found is a two-part system. Part one is Mike Dillard’s Magnetic Sponsoring. Mike’s specialty is teaching the networker marketers MINDSET. Unless you have the right mindset, you’re going to approach prospects the wring way. Not one MLMer in a hundred knows this vital piece.

The system I’m using has two parts. The second part of this system is called MLM Lead System Pro. While Magnetic Sponsoring helps you get your head on straight about sponsoring people, and MLSP is a system that walks you (and your new distributors) through the process of building an online “recruiting machine”.

I’ve been recommending Magnetic Sponsoring to my team and their response has been universally positive. If you’re new to the industry and still trying to figure out how to do “the right way”, I recommend you check it out by clicking the link in my signature.

After struggling to build his MLM for many years, John Zehr discovered a way to attract new business partners almost magnetically. He’s offering free training videos that explain the “Magnetic Sponsoring” techniques at his web site, free of charge. Get a totally unique version of this article from our article submission service

categories: Magnetic sponsoring,Downline building,recruiting system,MLSP,mike dillard,MLM,network marketing,home based business,work at home,internet marketing,residual income,money,retirement,self employment

Tags: money

Tags: money