Posts Tagged ‘Home Based Business’

Be A Part Of The Big Boom With MLM Dream Maker!….Franchises vs “The People’s” Franchise.

 

Network Marketing was never meant to be easy or a free ride. Just like any business you must be prepared to invest time and dollars. Too many people ‘assume’ that the Network Marketing company should pay for your conference expenses and that is simply not the case. YOU would not expect if you bought a Cibo Coffee shop franchise that the Franchisor would pay for your education on how to run the cafe, industry trends, give you free stock to give to your customers to try or your annual holidays.

Investing, as a distributor, into a Network Marketing company is only similar to “traditional business’  in the way that YOU buy it, You own it.  This is where the similarities end.  How ever, even these similarities are vast. For example, Network Marketing / Home Based Business start up costs are less than your pizza and pay TV movie night in, where as your little cafe option may set you back somewhere around a quarter of a million dollars!

Perhaps it is the fact that the start up cost of a Network Marketing business are so minimal that people do not appreciate their investment, nor do they take the business opportunity seriously….(*sigh*)…wasted opportunities…..there is nothing worse.

Are you getting my point?….Keep reading…

Our Australian National conference was held in Melbourne, Victoria a couple of weeks ago. Distributors and guests arrived full of enthusiasm and departed full of motivation and confirmation, yet again, that they had made the best life decision of their life in this moment.

Kali Holmes and Randy Ray Jeunesse Global

Kali Holmes with Randy Ray, founder of Jeunesse Global and fellow team mate Damian Rowe.

FACT: Gone are the days of “traditional business.” (Franchising, Self Employed)

FACT: 1 in 8 homes has a “home based business.” (Network Marketing)

FACT: 70,000 people worldwide join this (Network Marketing) profession every day!

Now, lets just recap on a few comparisons on traditional and home business and why NOW is the time to JOIN a Network Marketing company for best investment on maximum return.

Kali Holmes with Lyndone Biernoff, Australia's Diamond and top income earner in the industry and Scott Lewis (right) Jeunesse Global's Chief Visionary Officer at the Australia National Conference in Melbourne 2013.

Kali Holmes with Lyndon Biernoff, Australia's Diamond and top income earner in the industry and Scott Lewis (right) Jeunesse Global's Chief Visionary Officer at the Australia National Conference in Melbourne 2013.

Excerpts from “The People’s Franchise” by John Milton Fogg
In the 1960’s franchises were considered a scam. Congress was even trying to outlaw them. Today franchises are responsible for more than forty percent of all the retail goods and services we buy and sell in the United States alone – over one trillion dollars!

About one third of all franchises fail, another third break even and one third makes a profit. Franchise fees range between $1000 to $500,000 or more. Then you have to pay for the building, equipment, initial inventory, etc. – all of which can run into the millions. Plus most franchise companies take a percentage of your sales, not just profits, but sales as their royalty commission.

There is a way to have the LOW TO NO RISK BENEFITS of a proven, DUPLICATABLE BUSINESS system like franchising and still enjoy the RICH REWARDS of a ground floor opportunity.
The next best thing is the “PEOPLES FRANCHISE”…..”NETWORK MARKETING!”
NETWORK MARKETING has taken franchising and has made some remarkable improvements to it. Such as:

* Low capital investment – little to no risk.
* The benefits and tax advantages of a home-based business, one of the last forms of tax relief available.
* No employees – you are in control. You are the CEO of your own business. Unlike most entrepreneurs, your business does not own you! You are truly in control of your work – and your life.
* More choices. Anyone who is a network marketer is a volunteer. You don’t “have to” do anything. You are free to work the days and hours you want, where you want, doing what you want and you are free to choose the people with whom you work. There’s none of the all-consuming demands of a seven-day-work-week and a 15-hour-a-day retail operation.
* You’re in business for yourself but never by yourself. Lots of support to help you succeed.
* No franchise fee to pay to the company, no huge start-up or overhead costs, no restrictions on marketing territory – you can travel the world and take your business with you.
* You have the ability to offer the opportunity to build a successful business to others in partnership with you! It is not only wonderful to have your dreams come true but it is really special to be able to help others achieve their dreams.
* You get to leverage your time, talent and energy by earning commissions from sales made by those you introduce the business to who decide to join you. You earn income from the efforts of others: in time, tens, hundreds, even thousands of others.
* It works so well because you don’t have to be some high-performance sales superstar. It’s based on a lot of people doing a little bit each.

Network Marketing is not a get quick rich scheme, a pyramid scheme or an easy ride. It requires a bit of time and effort if you really want to make some extraordinary income. Look at it like this, generally if an opportunity is too good to be true, it usually is.

MLM MEMORY JOGGER: BUILDING YOUR PROSPECT LIST

Kali Holmes MLM "Memory Jogger".

MLM success requires you to build relationships with people that will join your network marketing business. The most is a high priority activity that you must start the minute you enroll.

A memory jogger is a list of names of people that triggers your mind who to call to tell about your new home based business. Generally we all have an extensive network of at least 500 people we can reach out to by our 20’s so the concept of the memory jogger is to remind you of them.

Never leave home without your Ipad or laptop. This ensures that as you go about your day to day activities and names pop into your mind or you meet new people you can immediately add their name, phone number and email address to your list. This is how you form your “working inventory”.

Your REAL Inventory is NOT the products or Services your company sells. It is PEOPLE. And you MUST have people (LOTS of PEOPLE) to talk to about what you are doing.
The following memory jogger (that you will form your working inventory) list that I have put together for you is available to download now here now.

From your working inventory you will then enable yourself to build your first “hot” 100 leads (at the very minimum) for your MLM Business.

One very IMPORTANT RULE in building your memory jogger, you must NEVER PRE JUDGE ANYONE. Do not leave anyone off that list because those you think will join you wont and those you think wont, will. Consider everybody, obviously looking for qualified leads and people you want to work with who will lead you to entrepreneurs or others with large networks.

There are strategies to handling objections, so NEVER ACCEPT a NO. Very rarely does a “no” actually mean “no”. I will cover objections in my next post. I will also explain how you can twofold your memory jogger through asking a “NO” for referrals and utilizing your up-line as leverage.

GETTING STARTED WRITING YOUR MEMORY JOGGER

DOWNLOAD “MLM Memory Jogger” from the downloads section on this page.

I use an excel spread sheet to then record my prospects, but at the very least grab a pad and pen and follow the steps below. Excel is the best way to record your data base. You can draw up tables, add headings, record notes and dates of the last time you made contact etc. It pays to be detailed in how you record data from the beginning so you keep up to date notes on your prospects.

My headings would include: name, action one and date (add details of who referred if its a referral or where you know them and how you delivered the first point of contact information if its through facebook or email, action two and date (this would be your follow up notes and interest level), notes (anything at all you want to record that you think is going to be of importance to remember).  Some lists i add in email address, phone number, country/state, event invite sent etc.

 

Step One: Your Warm Market:
Family
Friends
Your Spouses family and friends
Cell phone contacts
Address book
Social Media Sites eg: Facebook, Twitter, Google+

Step Two:
Any business associates you have (that you do business with) ask them for their help to build your new MLM business by giving you minimum 5 referrals.

You could say something along the lines of, “I think you would agree that I do a lot of business with you, and I need your help with my new business.”

Step Three: Read over the memory jogger and keep adding to your list and asking every person you speak with who says “no” for referrals.

 

MLM is a relationships business and you need to sincerely show an interest in others and form a connection and over time you will build rapport. Remember people join YOU because they trust in your ability to help them build their business. Asking questions helps you to understand the interest level of your prospects and what their underlying concerns may be, if any. With a little patience, persistence pays off. Do not be disheartened by a ‘no’, for every no you receive only leads you closer to a yes. The 80/20 rule applies here…for every 10 qualified leads you speak to, two people will be interested to join you in your business. Happy prospecting and never give up!