Monday, October 13, 2008

Network Marketing Millions

Congratulations now you have a million dollar business

Business Presentation

It is so important with any presentation to present a friendly honest face.

Yes smile, even when you are on the phone.

To get yourself in the mood, before you pick up the phone or speak with a prospect, think that you are helping people to achieve financial freedom.

Get in the mind set that you are creating a million dollar business.

You are the CEO and you are looking for your senior managers.

Hang on Peter, I hear some one say…..

Where did you get this million dollar business from?

We have learnt to talk about an extra $500 to a couple of thousand extra a month.

No one will believe that a million dollar business is realistic.

That’s right, start with an amount that can mark a difference in their lives.

Compound Duplication

Early on in your relation ship with a business builder teach them the power of compound duplication.

Either do a napkin presentation or use a white board so they really get it.

Each month we sponsor one person.

In January we sponsor 1 person and teach them to sponsor I person.

By February we have 3 people

We continue to sponsor and teach our distributors to teach their distributors.

Have a look at the compound growth.

January 1

Feb 3

Mar 7

Apr 15

May 31

June 63
July 127
Aug 255

Sep 511

Oct 1023

Nov 2047

Dec 4095

Once you have finished, ask your audience which 6 months bought in the most

New distributors.

The second six months is by far the most productive but that could not have been achieved without the foundations that were laid in the first six months.

Every one can see clearly that persistence pays off.

Now comes the reality check. People often sponsor less qualified people and they give up on their dreams easily.

Lets say that only 1000 distributors remain at the end of the year and that these people buy on average $1000 worth of product per year. (less than $100pm)

1000x1000 equals a million dollar business.

Congratulations now you have a million dollar business

Talented people can sponsor more than one person a month, but as you can see

Building relationships and teaching other is crucial to success.

Also you need to have a quality product and without doubt we have that.