The fact is that 97% of people fail miserably in building a MLM business. The reason this is because 97% have been misled with the wrong information.
These 5 insider secrets will empower you to discover the six and multiple six figure formula that can be applied to achieve this within 6-12 months.
Building a MLM business is not different from having a traditional business when it comes to evaluating everything from marketing, marketing systems, profit margins, return on investment, coaching and guidance.
Only 3% of entrepreneurs succeed in building a lucrative MLM business. They succeeded after they have put their emotions aside and evaluated the business they were in and measured it up to the five critical components that is absolutely essential to building a very profitable MLM business. This is not optional. The 5 key components are similar to a recipe. If you leave one ingredient out it will be an absolute disaster and far from profitable.
The following is the five critical components for a successful and profitable MLM business.
1.) Marketing System –
In order to create a lucrative executive level income with a MLM business from home you will need to have the power of a turnkey marketing system that automates your business to a high degree.
You are going to want something to do all the redundant tasks (like explaining your business, i.e. ‘telling and selling, sifting and sorting etc.’
You can never achieve a significant six figure income online in a MLM business without leveraging all the benefits that an automated sales and marketing system brings.
Let me ask you a question. Would you rather speak to one person at a time, or to an unlimited number of people?
I trust that answer is obvious. And the best way (in fact, the ONLY way) to do that is by having a system in place for your MLM business that works for you 24/7/365.
Why? Because you want to be able to reach an infinite amount of people at the same time worldwide for extracting hoards of people to view your MLM business. You could never do that by presenting your opportunity or product to on an individual basis!
2.) New Skill Set –
In order to build a very successful internet MLM business you will need to acquire a new skill set of internet marketing. Therefore you will need a marketing system that not only leverages your time with sifting, sorting and telling.
You will also need a solid system that has a thorough internet marketing education. In order to create a level of success you never had, a new skill set is required. That applies to any field as much as it does to building a profitable MLM business.
When doing this you will learn the most powerful skill set of the 21stcentury and you will literally be in a position to print your own paychecks online. Generating your own leads and hoards of traffic on the internet to your MLM business will propel your income since you have the skill set of marketing combined with a solid marketing engine and system sorting & sifting serious entrepreneurs for you 24/7/365.
3.) G.P.T. –
This is not a business, it is a model. It stands for Getting Paid Today. Getting paid today in your business. You get paid upfront for all of your efforts.
To build a real executive level income the Top 3% became wise and realized that depending on other people’s efforts to create their own lifestyle is not working. There is no waiting 3-5 years to build up a residual income only to have 97% of the people drop out and your dream never realized depending on other people’s efforts.
The old school MLM business model doesn’t work in the 21stcentury and the new economy. It is like trying to fill a leaky bucket.
If you are serious about being in the 3% it is vitally important that you have a business model that is focused on G.P.T – (getting paid today) that pays large upfront commissions.
As mentioned earlier it is important to evaluate your business like a real business with profit margins. With G.P.T. you will have 70-80% profit margins and you will be able to continue to fund your advertising and have an executive level income from home.
4.) Product Line –
G.P.T. is important. However, it is critical to have a very solid and reputable product line that is in demand in the marketplace. It is important that the product line has a solid reputation and brand that is available on a retail basis as well.
It is not good enough to be marketing lotions, potions, pills, vitamins and vacations. All of these things are great. The question is though is it an absolute must and a life changing need that must be fulfilled in today’s economy. Vacations are the last thing on a family’s mind when their financial house is not in order. Consider the product line wisely in your MLM business. It is a fact that not every MLM business product line is suitable to be marketing on a high volume basis on the internet. MLM business models and product lines are not treated equally. It is important to stop and evaluate. This is the difference between a very profitable business or just an expensive hobby.
5.) Proven Mentor –
The only way to shorten your learning curve is to find a Top 3% or better yet a 1% industry income earner and be coached and mentored by them.
Building success in a MLM business and business venture is similar to sports. Top athletes have coaches and continue being mentored, coached and guided. It is not different when building your business. You can shorten your learning curve by having access to a top coach in business so you can achieve the same results and lifestyle that the coach has. This is priceless. Coaches charge hundreds if not thousands per hour.
If you have access to being a part of a top earner’s team, you want to join them immediately and plug into their private team trainings. If you have a strong mentor you can propel yourself faster by learning from their wisdom and do exactly as they say. There are two ways to learn, propel and increase your income. – Mistakes or mentors? Guidance from a mentor is worth its weight in gold.
Make sure that the MLM business you are running has all 5 components. If not then choose a MLM business model that will serve you to create the 3% lifestyle that you came into this industry for.
Discover how a 4 year MLM disaster went from failure to a Top 1% Industry Earner within 18 months after reading the free report provided below. Get access to your FREE Report Below!