How to Fire Your Boss
May 15, 2008 Killer MLM Profits Cool Stuff, Killer MLM Profits Tips and Tricks No CommentsHow to fire your boss!
A question recently presented asks “What suggestion do you have for someone who is working full time (more then 40 Hours/week) for a corporation, makes good money, but wants to go full time in network marketing?”
What a great question to ask!
The quick, easy to remember, answer is do not quit your day job until your home-based network marketing business is at least producing as much as your day job three months in a row.
So now the question is, how do we get to that point while still working. Our business requires a lot of activities to concentrate on. And unless you have a time machine, there is not enough time in the day to do all these activities.
- Writing Ads
- Placing Ads
- Creating Capture pages
- Calling leads
- Interviewing leads
- Contact management
- Scheduling follow ups
- 3-way calls with downline
- Mailing information
- Making follow up calls
- Processing new orders and application
- New Distributor training and orientation
When you look through this list again, ask yourself, which of these activities “makes the money?”
Did you figure it out? The only thing on this list that actually makes you money is:
Processing new orders and applications.
Since this is the only activity that makes you money, it should be the activity you concentrate the most amount of time and energy on. You can learn how to get more out of your time by reading my article about work habits here.
Even with improved work habits it still may seem impossible to accomplish this. But imagine the results if during your 2 hours per day your were able to concentrate on customer orders and processing applications! I bet your three month requirement would go by quite quickly.
In order to make this happen, three things must take place.
- You must build a pipeline of prospects whom you consistently contact over time. Not personally, but through marketing which allows you to leverage your efforts.
- You must build a relationship with those prospects, not personally, but through technology such as an auto-responder and video.
- You must effectively market your goods and services to those prospects, and then sales are made and income is produced.
All three of these activities must, and can be achieved on cruise control. If not your profits will not reflect your goals.
Shh! This is the secret between part time network marketers that generate gobs of income and those that work their behind off and achieve very little.
If the system is not on cruise control, then time is wasted calling the prospects and building relationships, unnecessary marketing materials are wasted on prospects who are wasting your time.
By putting together a lead generating campaign together to produce 10 to 20 new leads per day and putting those leads into your auto-responder pipeline the looky-loos can be weeded out without wasting your time.
In the end, the prospect has contacted the successful network marketer prior to any phone call or individual (non auto-responder) e-mail.
Now it is time to build the relationship with the new associate to help them achieve their dream lifestyle too.
The moral of the story is in order to fire your boss, and build an empire with your network marketing business, you must spend what time you have wisely and progressively. Stop spinning your wheels doing things that are not income producing.
