Business

7 Ways to Kill Your MLM Business

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do you really want kill your network marketing business? I bet if I ask ten MLM’s this question they will all say no. However, they don’t realize that what they are doing is killing their MLM business. I’m no exception because at one point I didn’t realize that some of the things I was doing were ruining my business until I was taught the very stuff you’re about to read about. Applying these methods will make you a professional network marketer.

How to kill your network marketing business

1.Not training

If you are new to the profession, then it is imperative that you go through the proper training before attempting to speak to your first prospect. I’m not talking about your company’s history, products, or compensation plan. Yes, those are important, but the most important training you can learn is prospecting.

Learn the art of approaching, inviting, and following up. You get paid to prospect and sign up distributors, so make this your top priority when it comes to your training.

2. Be a seller

Trying to sell your opportunity is bad. What can be even worse is trying to convince your prospect to join your network marketing business. Do you really want to work with someone you convinced into the business? If you do, they will most likely not be passionate about the business and will most likely quit. You want to work with people who have the same vision and passion for the business that you have. You are not a seller. Your job is to provide information about your opportunity so that your prospect can make a decision. Let your company presentation sell and convince for you… that’s what it’s used for.

3. Begging your prospects

Let me ask you a question… would you like to join someone who is begging you to join their business? You would think that you would have to beg and plead with your prospect to make money. Position yourself as the person who has what your prospect needs to satisfy their wants, needs, and desires. Be the successful entrepreneur who is building a business and you don’t need Mr. Prospect to join you. People are drawn to those who have what they want and if you position yourself or position yourself this way, you will increase your chances of signing up more people.

4. Being emotionally attached

This is with the company you are with and the result of signing up prospects. You have to separate your emotions from business and make decisions based on the long-term future of your business. Second, don’t get emotionally attached to the prospect when you’re trying to sign them up. You shouldn’t care if they join you or not… even if you think they’ll be All-Star recruiters. Let them leave if the business is not for them. Millions of people are looking to work from home and get upset if a prospect walks away because they have a lack mentality.

5. Not being realistic

Never make false claims to your prospect about how much money they will make and the amount of time it will take to get there. There is nothing wrong with showing them what is possible, but disclaimer that if they want to achieve their goals, it is strictly up to their efforts and skills. Never agree to any outrageous goals they may have. If your prospect says they want to make $20,000 in their first month by working an hour a day, don’t agree with that nonsense and bring it to reality. If you make false claims just to sign up a representative, you will only hurt yourself. You’ll build a reputation for being sleazy, dishonest, unreliable, and have to deal with a complaining rep. All serving like this.

6. Talk bad about your competition

What good can come of you taking shots at another representative or network marketing company? Any. You only hurt yourself and the industry as a whole. If you and your company are much better than the person or company you are taking down, then it will be known without saying anything at all. This also applies if you are prospecting someone and had a negative experience with MLM before. Explore what’s wrong for them and show them that you have the necessary training and support to make sure they won’t be a problem if they join you and your network marketing company.

7. Your business doesn’t work

I saved the ultimate assassin for last. You can get the first six right, but if you don’t work in his business, then you won’t have any business. What do they pay you for? Prospecting, signing up and teaching others to do the same. You have to make connections every day to show people your business. Make that your number one goal every day. You don’t get paid to organize your office, alphabetize your prospects, or work on your scripts. Those things have their place, but 80% of your time should be talking to people about your business and showing them your company presentation. You want to fill your pipeline with qualified MLM leads so you’re always submitting and following up daily. Can you think of any more ways to kill your network marketing business?

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