What I want to discuss with you today, could have a bigger impact on your business than anything else you do.
But first, go watch this 5 minute video on Youtube- it will explain what I’m talking about:
Ok. So in that that video, you heard Richard Koch, the author of the book ‘The 80/20 Principle’ talking about how most of what we do in our day-to-day business operations make up the ‘trivial many’.
Things like checking email, chatting on Facebook, or anything you’d consider ‘admin work’ all fall under this category.
Although they may feel important, in reality, they’re not.
On the other hand, you have activities that Richard refers to as the ‘vital few.’
– writing emails to your list, promoting your products (or someone elses as an affiliate)
– Creating new offers
– Setting up or improving a new sales funnel, etc, etc…
These are the things which actually bring in the cash. They account for the overwhelming majority of the results you get in your business.
But right now, I’m willing to bet they’re getting mixed in with, and given the equal importance to, ‘the trivial many.’
As long as you continue to do this, you’ll continue to get mediocre results in your business. Your business will operate at a small percentage of what it’s truly capable of. It will be as if you owned a Ferrari, but you’re never able to get past 2nd gear.
The problem is, you still have to do some of the ‘trivial many’ tasks.
Admin is part of any business.
When joining a network marketing business, many people feel overwhelmed at what seems to be an enormous amount of information that needs to be absorbed! They may think that they have to get everything in order before they get started, that they need to know the compensation plan from beginning to end, that they cannot possibly move forward until they know the ins and outs of the product they are marketing! Nothing could be further from the truth. Remember that your attitude to this business is far more important than your ability! I hope you will find a gem or two in this list of Network Marketing Tips below.
These are some Network Marketing Tips that I have found to be of great value:
#1: Never Quit! FOCUS and treat it like a business. You would not hop, skip and jump between businesses in the brick and mortar world and expect to be successful – the same holds true for your online Network Marketing business
#2: Develop a belief in yourself and your ability to succeed.
#3: The most important thing you need to concentrate on is YOU! Successful Network Marketers are most concerned with constant self-improvement. You will KNOW that you will succeed when you have conquered your doubts and fears. That’s the mark of a true online entrepreneur!
In the words of America’s leading business motivator, Jim Rohn:
“Formal Education makes you a living. If you become Self-Educated you create a fortune”
#4: Have a genuine desire to help others to succeed. Do everything you can to encourage their self-development. Lead, but do not babysit!
#5: Concentrate on being enthusiastic, understanding the needs of your prospect and providing them with valuable information rather than “selling”.
#6: Develop good leadership skills by learning from those who are successful in MLM. Follow people like:
*Mike Dillard, who wrote the timeless bestseller, Magnetic Sponsoring.
*Jonathan Budd, a 27-year old billionaire who now creates courses to help others do the same in the MLM world.
*Daegan Smith, “the king of never calling a single lead”
#7: Develop an ability to really listen to your customers and prospects. Find out what THEY want and work out a plan to help them achieve their goals. As the saying goes: “We were given 2 ears and only 1 mouth for a very good reason!”
#8: Be prepared to answer questions and find out the answer if you do not know it. The people you sponsor into your business need to become leaders who will themselves develop leaders.
#9: Be a person of integrity at all times. The main reason people join you in Network Marketing is because they trust, like, respect and know you. Therefore you need to get to know the person and their needs and desires first before you introduce your business to them.
#10: Have control over your attitude. This will ultimately manifest itself in positive outward behaviour.
Of all the network marketing tips covered above, I believe FOCUS to be one of the most important. Without this ability to shut out the interminable “next best things”, countless emails, invitations to groups and events that are such an integral part of online marketing, it becomes well nigh impossible to succeed in any online business. Do yourself a favour and stick with your chosen opportunity long enough to allow yourself to succeed!
I would really appreciate your contributions to this post in the comments section below. Please share your Network Marketing Tips so that all who read this post will benefit.
The week-end is just begun and I want you to be relaxed! I give you a litle moment about something.
Please post a comment to express your opinion!
Just got some interesting stats.
It’s so sad but 95-97% of the people whom are retired are either broke, not earning enough money, have gone back to work and still not earning enough money, have had their savings drained by their kids, are dependent of their kids…
So many people I meet are dreaming about making millions, but honestly, would earning one to two thousand US dollars per month without quiting your jobs make a difference in your life…. If yes, please hit the like button to show you are honest!
Ohh Dear Lord… I dont want to grow old only to be broke or broken.
My mentor says:
“MY VISION IS TO CREATE A LEGACY OF GOOD HUMAN BEINGS THAT CAN GO OUT AND CHANGE THINGS!”
The time is NOW!
It is Empowered Entrepreneurs a scam? No, is it not!
Too many people ask for a mentor true their journey to the financial future. I think Jonathan Budd can be all that you want to be succesfull.
“Just think, what would the world look like if people all chose to EMPOWER themselves, build more value within, and wanted to share their gifts & talents with the WORLD as their primary way of making money? Do you think we might create a better world? I think so.
And I know you taking action towards reaching your dreams right now is the FIRST step. You’ve got to be successful. Not just for yourself… but for your family, your community, your state, your country, and YOUR world.
We’re all in this together. The more successful YOU are, the more successful we ALL are. And the same is true for everyone else.
Let’s change this economy around, and lets go out there and create a happier life for ourselves than ever before.”
This words are the most appropriate call to action that I ever have heard!