My first day at MLM Training!
I was excited and nervous because I had just completed my first “NDO” or New Distributor Orientation with my Taiwan Millionaire upline. He had joined Amway more than 10 years ago, became a Diamond at Amway, but later resigned and switched to Nuskin. He became a million dollar Elite team winner at Nuskin and now I believe he has made over 10 million US dollars in MLM.
My upline said, “This business is very simple. All you need are these 4 pieces of paper!”
“Mmm!” He was a bit skeptical, but had to believe him because he succeeds.
So he took some pieces of paper out of his pocket and began to write on the board.
1) 2 important concepts:
i) Long-term thinking
ii) 100% duplication
“Ok! The first important concept in our training today is LONG-TERM THINKING!”
Then he started to explain why MLM or Network Marketing is a long-term business like any other traditional business, minus the traditional business problems like employee problems, logistics problems, management problems, etc.! They are handled by the MLM or Network Marketing company.
All you have to worry about is “Build your dealer network around the world”.
“Take the next 1-2 years to build a solid network of distributors around the world and you will become the owner of a multinational network that generates you solid income every month, even if you are sleeping in Singapore and others are still awake. in Japan. “
That sounds really exciting to me!
For the next 1-2 years, all of my friends would continue to eat textbooks for breakfast in college, while I built my path to early retirement.
And so I did exactly that, I said to myself: “For the next 1 or 2 years, I will give 110% to my network marketing business!”
2 years later, in 2003, my network grew from Singapore to Malaysia, China, Indonesia and I had clients from as far away as Japan, Taiwan and Hong Kong.
So that’s exactly what YOU MUST DO too, commit to giving yourself at least 1-2 years to build your business!
Have “LONG TERM THINKING!” And treat your network marketing business like a real business!
Important concept number two, “100% duplication.”
“Duplication is the key to success in network marketing, however, let’s cite this example!
1 x 1 = 1
0.9 x 0.9 = 0.81
0.8 x 0.8 = 0.64
0.7 x 0.7 = 0.49
0.6 x 0.6 = 0.36
0.5 x 0.5 = 0.25
and so on!
If we are going to put that in percentages like 100%, 90%, 80%, etc.! it simply means that the less you duplicate the successful system your upline taught you, the lower your chances of success!
Well, that seems to be quite logical to some extent.
McDonald’s uses franchises to expand its business around the world and if you notice that McDonald’s will always maintain its capital brand “M” and the colors “yellow and red” in its fast food restaurants from the US to China and even Russia .
The system is 100% duplicated all over the world.
Once you understand this concept, you will realize that you must trust your successful upline and use the system they are using to achieve success.
“Don’t reinvent the wheel unless it’s to make it more efficient!”
Every network marketing company or organization should have an efficient and effective duplication system that everyone in the organization can easily copy to achieve their own level of business success.
“Ok, follow my successful mentor and I won’t be wrong! I get the message.”
So my upline millionaire wrote on the board,
2) Why 100% duplication?
i) To avoid unnecessary mistakes
ii) Have a stable network
3) How is 100% doubled?
i) There are 3 steps you need to follow,
Learn; Do; To teach
ii) There are 3 elements of the Support System that will also help you,
Successful leaders; Events; Instruments
“Your goal in this business is to first be a good student, then to become a good teacher, and finally to become a great leader!”
“You must first be willing to leave all your baggage behind from your previous job or business and have a BACK TO ZERO mindset, so that you can get off on the right foot and we can guide you on the right path to success.”
“After that, once you’ve reached a certain level of business success, your role shifts to teaching, guiding, and leading your team to success.”
So the 3 steps to success in your MLM business are first being able to go back to scratch and start learning the ropes, then leading by example and taking action to achieve success, before finally teaching others to do it. same.
While you play a vital role in your own business, your company or organization must have an adequate support system that provides you with a number of successful upline or sideline leaders who are already successful.
These leaders act as mentors to keep you on the right track and guide you in the right direction. They are very approachable, willing to help you learn and overcome the difficulties you will encounter along the way.
There should be regular events at the company or organization level covering training sessions, motivational rallies, experience sharing and company meetings ranging from small team meetings to large hotel meetings.
The bottom line is that network marketing or MLM is still a people business and since the dawn of time, people need to meet regularly.
“Like a red-hot piece of coal in a burning bonfire, if you take that one piece of coal out and move it away from the fire, what happens to that one piece of coal?”
“It’s starting to get cold!”
“What happens if you put it back on the stake?”
“Heats up again and helps the bon-fire keep burning brighter than before!”
This is the rule of survival in MLM or Network Marketing.
“Meetings and events are where people recharge. Small meetings create small decisions. Big meetings create BIG DECISIONS.”
Finally, any solid MLM or network marketing company must have powerful marketing tools that help the distributor to easily share the company message with anyone they may come in contact with.
“You can’t win a battle without guns and bullets!”
Likewise, you can’t win at network marketing without the right tools.
The tools refer to things like a company magazine that explains everything about the company, the products, the payment plan and the system clearly and easily to the person to whom you pass the magazine.
The tools refer to things like an audio CD that anyone can play in their car or listen to at home with an audio CD / MP3 platform and have one of their successful leaders introduce them to the business opportunity while waiting to make a call. of follow up. the next day.
The tools refer to things like a video DVD that anyone can play on their home DVD player or laptop / desktop and, again, having a top leader present the business opportunity to them in a professional manner.
The tools refer to things like a website that combines the content of the magazine, the audio CD, the video DVD, and your personal contact information into an ALL-IN-ONE online information resource that operates 24 hours a day. , 7 days a week, he never sleeps and talks and talks. presenting for you while you sleep at home!
All of these tools and more that I can go on to list will dramatically simplify, automate, and duplicate our efforts a thousand times more than you can alone.
Your role in the business is simply to TAKE ADVANTAGE of the tools and “PASS THE INFORMATION” to as many people as possible every day.
“Can you learn how to pass a CD or DVD to a potential dealer or customer?”
“Can you learn how to review a prospective distributor or customer?”
“Can you learn how to give someone your ID card with your website address on it?”
“Hell, nowadays with email and text messaging on your mobile phone, all you have to do to start the business is send an email or text your website address to everyone at your contact list and invite them to visit your website and your new business. “
“That’s what I call simple duplication!”
Point number 4!
4) 8 daily habits
1. Show the plan
2. Share the products
3. Listen to a training audio
4. Read a recommended book
5. Report your progress to your upline
6. Invite a guest to a weekly event
7. Use the products yourself
8. Add a new name to your list.
Now, as in Stephen R. Covey’s best-selling book “The 7 Habits of Highly Effective People,” if you want to be successful in network marketing quickly, you must change your daily habits to become highly effective and highly efficient.
A successful network marketer must not only constantly expand his social network, he must spend a lot of time on personal development and growth.
1. Show the plan:
Show someone a video DVD or magazine and explain that you are looking for business partners and the DVD or magazine explains your business proposition in detail.
2. Share the products:
Show them a sample of your products and explain the unique value and benefits it brings to the consumer.
3. Listen to a training audio:
Listen to training audios to update your knowledge of the company, products, payment plan and duplication system.
4. Read a recommended book:
Read books that will enhance your personal knowledge and help you grow as a leader.
5. Report your progress to your upline:
Call your upline every day to update your progress. If I’m your upline and haven’t heard from you in a week, I know you haven’t taken any action. On the other hand, if you let me know how many people you have called every day, I know that you are making progress or doing something wrong that needs to be corrected.
6. Invite a guest to a weekly event:
If you have local events and presentations, be sure to take advantage of them by inviting your prospects to attend these events. Third-party testimonials and justifications are always better than yours.
7. Use the products yourself:
Network marketing is like sharing a good movie you saw with your friend and telling him that he should see it too. So if you don’t use the products yourself, how can you share your experience or opinions with someone else?
8. Add a new name to your list:
If you depend on your family and relative to be successful in network marketing! good luck for you. Although I have seen network marketers who have excellent and understanding family members, personally that did not happen to me! My experience is that most of the best members of my team are people who are outside my family circle. So learn to make new friends every day and find like-minded people who will join your business and your team.
So there you have it, the 8 daily habits you must adopt to achieve FAST success in your MLM or network marketing business.
So think about it: “What do you really want? I mean, what do you really, REALLY WANT?”
If you really want more wealth, better health, and more freedom, “DO IT!”
Actions speak louder than words!