8 BASIC BUILDING BLOCKS of Network Marketing
Many people presume they know a lot about Network Marketing and read lots of books without consulting people. In my experience, I realize that there is no need for a Networker to understand anything first beyond the basic foundation of Network Marketing before they get started. The 8 Basic Building Blocks (8BBB) is something so easily Duplicated - the first rule of Network Marketing. Sit with your new sign-ups and downlines and work out the 8BBB with each of them One-on-One.
This will help them do this business without alot of stress.
Enjoy....
Author : Pathman Senathirajah
BBB1 - Dream
What is your Compelling Reason, Vision and your Dream? Without is being very clear in your mind, I almost can guarantee that you will fail in this business. The foundation of your entry into this business is your dream. Your dream is something you desire so badly that you are willing to pay any price to achieve it. This is very crucial because you cannot start something without knowing where you are going. Write down your dreams NOW! Never talk about things if you are not willing to write it down because by so doing, you will never forget. Your dream makes you realize that there is something out there you want to achieve and there is something keeping you alive. Your dream is your motivating factor that will push you to success in this business.
‘If Your Dream Is Big Enough, The Facts Don’t Count’
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Short Term Dreams
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Mid Term Dreams
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Long Term Dreams
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Attending events
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Getting trained
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Attending leadership camps
2010 - present
2010 - present
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Hot
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Warm
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Cold
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Professional
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Non-Professional
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Golden Rule - bad news upline, goodnews downline
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SW SW SW SW Next
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Purpose
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Profile
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Products
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Payplan
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Projection
BBB2 - Committement
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Key to Network Marketing Success
This Means making a decision and stick by it no matter what. The beauty of Network Marketing is time flexibility but the amount of time and effort you put in determines your results. How many hours per day do you want to commit to doing this business to be able to achieve your dreams? Ask your new sign-ups this question so that you can know the amount of effort and attention to focus on each one of them. The higher his/her commitment, the more your attention to him/her should be and vice versa. Don’t over push those with low commitment but don’t give up on them, keep working on them and gradually their commitment level will also grow. Also you must make a commitment to yourself to grow in this business by attending events & trainings, listening to CDs and reading books. Training is part of Power of Association – surrounding yourself with the right people.
BBB 3 – NAME LIST
This is the most important thing Networker needs to do. If you don’t have a name list, your chances of succeeding in this business is very low. The mental process of writing down each name and phone number is crucial to your growth in Network Marketing. Research says an average person knows above 200people, so write a name list of a minimum of 200 people. Don’t prejudge anyone – that’s the biggest disease in Network Marketing. Your name list should include everybody and anybody you know. Write the Cold, Warm and Hot list.
BBB 4 – THE ACT OF INVITATION & PROSPECTING
Don’t share too many information on the phone when you call to invite a prospect. There is Non-Professional invitation – Invitation for your warm/hot name list and Professional Invitation – the invitation for your cold name list. Don’t panic, don’t get scared of inviting. For any invitation, you need to have and always maintain a good posture. Who needs who more? Your prospects need you more than you need them. This is YOU - Good Looking, Good Smiles, and Confident with a fantastic unbelievable business opportunity. Your invitation should be done short and sweet.Your name list should not remain stagnant; it must increase by 10% every month. You do that by Prospecting – going out to find new people to put on your name list. Don’t underestimate, anyone you meet could be the most powerful and strongest leader in your team. He/she could open a brand new market for you.