MLM By The Numbers
by Greg Arnold
Many network marketers are dismayed with the numbers aspect of running
a successful networking business. Since it is a people business, some
think it is somehow cold and impersonal to think of their business in
those terms. While I feel you would be far less successful as a
network marketer by concentrating only on that part of your business,
I also believe you are reducing your effectiveness if you don't
understand and take advantage of it.
The first thing to understand is, no matter how hard you try to help
them, not everyone you sponsor will be successful. I know that is hard
to believe but, sadly, it's true! However, what you must be aware of
is, everyone on your team is important to your business. They all must
be treated as VIP's with absolutely no exceptions, because about 85%
of all network marketing products are consumed by the networking
distributors themselves. As we have discussed in the past, every
distributor is an outlet for the products and every distributor is a
consumer of the products. Most are much better consumers than outlets!
If you make it a personal and team goal to make ALL your team members
feel good about themselves and their products, your volume of business
will increase in direct proportion to how well you accomplish that
team goal. Always be a sponsor first and retailer second, but never
conduct a sponsoring interview without demonstrating some, or all, of
your product line. You can never go too far to help someone feel good
about himself or his product line.
Secondly, one out of every 100 people on your team is a potential
superstar, if treated right. All these superstars have four things in
common. They all work very hard at their business, they all are very
teachable and coachable, and they all make good things happen because
they have a tremendous will to win or they always believe there is a
way to win. In addition to the will to win, they have something only
superstars have. Superstars have the will to work hard to prepare to
win. Without the tremendous will to prepare, you will not have all the
weapons needed if you must snatch victory from the jaws of defeat and
then only luck will save you. Do you really want to leave those critical,
make it or break it, moments in the hands of lady luck?
One out of every 30 to 40 recruits is a good, solid leader. These
people are hard-workers, they are teachable and they have the will to
win. While these people are a valuable asset to your team, do not
mistake them for superstars. They need the aid of a local superstar to
perform at their peak.
Three or four out of 25 are good followers and great assets to your
team. They are teachable and they work hard sometimes. Like everybody,
they want to win but it is not always a priority. You can count on
them to do almost anything you ask of them, but they rarely take the
ball and run with it and they are generally product-oriented.
And, 20 out of 25 will either forget they joined your team 10 minutes
after they sign-up or be good consumers, depending on how you treat
them. Again, the secret to making them good consumers is always treat
them like the VIP's they are, and always give them a product
demonstration during the sponsoring presentation. If you don't have a
product per se, find a way to demonstrate your service. These people
will lack in one or more of the essential things they need to win big.
They will not be teachable or, they will not work hard and long enough
or, they will not have the will to win or a combination of these
things. Remember to always help them feel good about themselves and
their products.
Depending on your point of view, the above numbers could be alarming
or the best news you've ever heard in your network marketing career.
The fact is they aren't good or bad. It's just important to understand
and use them to your advantage.
Thirdly, many people will have false notions about what networking is.
Many will believe it is only a marketing technique or tool used to
move products or services from the supplier to the consumer. Others
believe it is a social club or religion to be attended weekly with
little concern about profit. Both are somewhat correct. While it is
important to remember it is a business and, like all businesses, it
requires knowledge, skills and work to be successful doing it. It is
also important to remember that it is a way of life. Something vibrant
and alive. Like any living, breathing thing, it requires love and
nourishment, and that requires an investment on your part.
You must be willing to consistently put in the time and effort
required to make these numbers work for you and you must do it in a
loving, caring manner. That is proof positive that networking is for
real. There's work involved! Networking is the only place where you
can have 3 to 5 years business growth every month. In order to take
full advantage of the numbers of the business, you must make a
complete commitment to working your business and making your business
work for you. You have to immerse yourself in it and become obsessed
with it.
You must learn and practice the principle of compressing activity and
collapsing time frames. Take your goals for the next year and compress
the activity needed to accomplish those goals into the next month.
Take your goals for this month and compress the necessary activity
into this week. Take this week's goals and perform the needed activity
over the next 24 hours! If you were planning on sponsoring 12 people
this year, go out and sponsor them this month. There is magic in doing
this.
Imagine for a moment that it takes exactly one hour to cut the grass
in your lawn. Let's say you want it cut every week. Here are two ways
you could do it. One is to cut ten minutes' worth, everyday. The other
is, of course, to do the whole thing in one day each week. Both ways
get the job done but, as you can imagine, not with the same results.
In the case of sponsoring twelve people in a month verses in a year,
one will create momentum and excitement and potentially a business
explosion. The other will create some activity, some excitement and
some momentum, but only in little inconsistent spurts and you will
have little or nothing to show for your efforts at the end of the
year.
If you spread out a small amount of gun powder over a large area and
ignite it, you will get a fizzle. It makes a good show and can be
impressive but nothing really happens! If you take that same small
amount of gun powder and compress it into a tight small space before
you ignite it, you will get an explosion. The same principle applies
to your business activity. If you spread it out over a large time
frame you may give a good show but you will only fizzle and probably
move on to the next "hot" networking opportunity before you've gotten
warmed up with the last one.
If you compress your activity into a collapsed time frame, you may be
providing the spark to touch off the next truly "hot" networking
opportunity for thousands, even tens of thousands of people searching
for a way to make their dreams come true. In the process, your dreams
will come true also!