This is the official Warrior Forum Blog for Dr Ope Banwo, The Wealth Apostle.
On this blog, we will be sharing different ideas on how to make money in different niches particularly IM and Network Marketing
On this blog, we will be sharing different ideas on how to make money in different niches particularly IM and Network Marketing
The Realities Of Network Marketing Business - Ignore Them And DIE! - [Part 2 of 3]
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Posted 24th March 2013 at 08:42 AM by thewealthapostle
I hope you have had the opportunity to read the part 1 of this blog where I tried to explain the realities for success in ANY Network Marketing Business
REALITY #2: THE COMPENSATION PLAN IS THE BEST CASE SCENARIO FOR YOUR BUSINESS
If I had a buck for every time somebody has told me that the owners of the company are crooks because the compensation plan is not real or is fake, I probably would make a million dollars this year alone on that.
The compensation Plan of most MLM companies, is a projection based on certain facts. YOU MUST WORK HARD TO REALISE THE PROMISE OF THE PLAN. Make no mistake, there are people that are making very high 5-figure incomes every month in MLM. It is a fact but those people worked their butts off to get that check.
Believe it or not, THE PLAN WILL ONLY WORK IF YOU WORK THE PLAN!
REALITY #3: YOU MUST COMMIT TIME AND RESOURCES TO WORK YOUR NETWORK MARKETING BUSINESS
While I do not know anybody who started a company, and then went to sleep without spending any time organizing or marketing it, millions do it in Network Marketing every month, and then wonder why they were not getting good commission checks!
To win with Network Marketing, you MUST BE PREPARED TO SPEND ABOUT 20-25 HOURS ON IT MINIMUM EVERY WEEK. You will need these hours to work your business plan and grow your Network Marketing business. I wish there was a way you can make money without spending time on your business. It is simply not possible. You will need the time for the following:
You will need TIME to present your opportunity to people;
You will need TIME to learn new skills for marketing; You will need TIME to listen to training tapes and attend webinars on your computer;
You will need TIME to attend opportunity meetings and business meetings organized by your co business people;
You will need TIME to spend with your own recruits as well as with your immediate Upline;
You will need TIME to be in a forum with other distributors to share problems, encourage each other and laugh at each other.
There is simply NO alternative to it.
The reality is that If you are too busy to find that 20 hours a week to grow your Network Marketing Business, your business will simply wither and die. Should that happen, it will all be on YOU, NOT your product, and NOT your sponsor!
REALITY #4: YOU MUST COMMIT TO TRAINING AND COACHING
While it is true that you don’t need any education or special skills to be a successful Network Marketer, the reality of the MLM industry is that you must be committed to training.
You must be coachable regardless of how old you are. Training is the lifeblood of any Network Marketing business.
Watch out for the concluding of this article series where I discuss some other realities of Network Marketing or you can get a complete copy of my hard-charging no-fluff 56-page book, NETWORK MARKETING MIRACLE, where I explained EVERYTHING you need to do to become a successful internet marketer
REALITY #2: THE COMPENSATION PLAN IS THE BEST CASE SCENARIO FOR YOUR BUSINESS
If I had a buck for every time somebody has told me that the owners of the company are crooks because the compensation plan is not real or is fake, I probably would make a million dollars this year alone on that.
The compensation Plan of most MLM companies, is a projection based on certain facts. YOU MUST WORK HARD TO REALISE THE PROMISE OF THE PLAN. Make no mistake, there are people that are making very high 5-figure incomes every month in MLM. It is a fact but those people worked their butts off to get that check.
Believe it or not, THE PLAN WILL ONLY WORK IF YOU WORK THE PLAN!
REALITY #3: YOU MUST COMMIT TIME AND RESOURCES TO WORK YOUR NETWORK MARKETING BUSINESS
While I do not know anybody who started a company, and then went to sleep without spending any time organizing or marketing it, millions do it in Network Marketing every month, and then wonder why they were not getting good commission checks!
To win with Network Marketing, you MUST BE PREPARED TO SPEND ABOUT 20-25 HOURS ON IT MINIMUM EVERY WEEK. You will need these hours to work your business plan and grow your Network Marketing business. I wish there was a way you can make money without spending time on your business. It is simply not possible. You will need the time for the following:
You will need TIME to present your opportunity to people;
You will need TIME to learn new skills for marketing; You will need TIME to listen to training tapes and attend webinars on your computer;
You will need TIME to attend opportunity meetings and business meetings organized by your co business people;
You will need TIME to spend with your own recruits as well as with your immediate Upline;
You will need TIME to be in a forum with other distributors to share problems, encourage each other and laugh at each other.
There is simply NO alternative to it.
The reality is that If you are too busy to find that 20 hours a week to grow your Network Marketing Business, your business will simply wither and die. Should that happen, it will all be on YOU, NOT your product, and NOT your sponsor!
REALITY #4: YOU MUST COMMIT TO TRAINING AND COACHING
While it is true that you don’t need any education or special skills to be a successful Network Marketer, the reality of the MLM industry is that you must be committed to training.
You must be coachable regardless of how old you are. Training is the lifeblood of any Network Marketing business.
Watch out for the concluding of this article series where I discuss some other realities of Network Marketing or you can get a complete copy of my hard-charging no-fluff 56-page book, NETWORK MARKETING MIRACLE, where I explained EVERYTHING you need to do to become a successful internet marketer
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