posted on: 4/18/2011 12:34:26 PM EST
Words Of Wisdom/MLM Lessons I've learned Along The Way
MLM.lessons, home business, advice

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When thinking of joining an MLM or starting your own business there are multiple things to consider to help pave the road to your success. I know that I had many questions,some adequately answered by my up line and some not. I was always given answers to queries but I felt I was missing something. What I found I was missing was experience. Anyone can hand you a perfect business plan,implementing it however is quite different. I needed to take that plan use it and be innovative if I wanted to succeed. I'm not going to sit here and preach how you should do things in your business. Everyone's business is unique and I myself do not believe in a cookie cutter methodology approach. One size does not fit all. I can however share what I have learned and what is working for me. Do with it what you will.

Surround yourself with supportive people:

If your idea/opportunity is sound and you are willing to stick with it through its difficult growth phase,your chances of success are great. If I had listened to the nay sayers I would have given up a long time ago. I would have forfeited my dreams instead of realizing them. Don't let anyone discourage you. The greatest satisfaction is laughing all the way to the bank.

Get training:

If you are a newbie to MLM's you need training. Sure you have your up line and company training,but there is so much more to learn. Do your research.Read books,go to meetings or solicit advice from people who have already achieved the level of success you desire. Join network marketing forums and ask pertinent questions. There is a wealth of information available and a plethora of people willing to help you.

Be flexible in your thinking:

Be open to new ideas. Ways of marketing are constantly evolving. You have to be innovative in this competitive market. Find a balance between the old and the new and use it to your advantage.

Use the internet as a tool:

With the wide-spread use of the internet your exposure has no bounds. Use e-mail,build a web site,send out e-news letters and consider buying banner advertisements. Join forums and put your web address in your signature. All of these with the exception of the banner ads are free advertising.

Find people who will refer customers to you:

What attracts customers? It's a 50/50 relationship. 50% you and 50% your product/service. If you're not personable odds are you will not get repeat customers,no matter how much they like your product. There is always someone else offering the same or similar product. So how do you obtain customer loyalty? Build a relationship with your customers.Be sincere and know what you are offering. Be your own first customer. This way you will have a full understanding of the product/service. If you believe in what you are offering you will convey this to your potential customers. Chances are that if what you are offering has value to the customer and you are personable;you will make a sale. Follow up once the sale is complete. Inquire if they are happy with their purchase and if not how you may assist them. All of this put together will generate referrals. Always be sincere in your dealings and you will have happy repeat customers. No repeat customers=no referrals.

Lead by example:

You know the old saying "do as I say not as I do"?That does not apply to MLM's.Most MLM teams are built on the duplication model. If what you are doing is making you successful your down line will emulate what you are doing,in turn creating success for themselves and your team. Be the leader that you would want to be led by. You have to lead by example. Don't expect your down line to do anything you yourself wouldn't do. If you want them to adopt a new marketing strategy show them how. Don't just train them ,train with them. Implement this strategy for yourself as well as your team. Grow together and in affect your team will never grow apart.

Take time for yourself:

I know all about being eager. You want to be constantly building your business and that becomes your sole focus. Focus is good. You need to be focused in order to succeed. Yet if your business becomes your sole focus you risk burn out. Make time to invest in yourself. The non business self. Set aside a certain amount of time every week to do things you enjoy. Spend time with the people who matter to you,go for a walk,read a book etc. You shouldn't sacrifice all of yourself to your business.Remember tomorrow is promised to no one; so enjoy today.

These are some of the things I have learned along the way and I know there will always be more to learn. By remaining constantly open to new ideas ,suggestions and friendships I will continue to gain valuable insight into growing my business.

Feel free to comment and impart any words of wisdom you wish to share.

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