Big money and I mean REALLY BIG money can be had in the network marketing industry. One of the reasons I dropped out so many times is that I often times was broke long before I could make those millions. Seriously, I was the butt of many jokes after I first joined the NFL (NO FRIENDS LEFT) Club in 1997.
"HEY, BILL!!! ARE YOU RICH YET?!!!" they would say taunting and teasing me.
Not like I care. Real friends wouldn't taunt you like that. Their loss.
While those same detractors were teasing and taunting me behind my back at least I was trying while they are trudging away at the same boring jobs most of them will be at 40 years from now.
But even in my great defiance of the cultural norms, I have to admit that I really didn't know anything about what I was doing and I was doomed for failure simply because I had no respect for whatever potential money that could come in. In 1997 I was 21 only cared about getting drunk and getting a fast car and had I made 10,000 a month I would spend 15,000. I just would have gotten drunk faster and my car and I would have went down in flames.
Now that I am older and have a grasp on how money works I understand that I should have looked at the baby steps before I decide on what color I want my new Bentley to be.
What I am talking about is looking at realistic goals and having a measurable benchmark that can be achieved through reasonable means and without breaking the bank in the process. Start small in other words. $10,000 a month might not be a right-out-the-gate reality in the beginning.
Most prospects don't have a grasp of money beyond their own situation. They will talk in terms of car payment, mortgage, utility bills, cable, insurance payments and having too much month at the end of the money. As much as you would like to tell them about the millionaire potential they have they simply cannot appreciate it as they are so wrapped up in their own situation and have never been exposed to anything else. How can you explain that they can earn more money in one week that they can earn in one month if they have never seen it for themselves?
These days when making a presentation I am very conscious of what figures that can be realistically earned at first. Unless you are a sales and recruiting rockstar with pre-sold prospects following you around like an entourage then your won't make a million in your first month, however, having an extra $200-$300 helps you sleep better at night.
Your first step to being a network marketing superstar is paying your basic business expenses: autoship, website, business cards, marketing materials, etc. When you reach this step you will ahve breathing room and more energy to scale up the business. It's funny how momentum works. An avalanche starts off as a snowflake.
From that point you can start re-investing your profits into your company. Whatever worked for you to make the first dollar, keep doing it and keep pressing forward. Once that first check is in hand then you can have more checks coming in the future. Take a part of your profits and put back into the business.
When you are finally getting ahead, invest your remaining dollars or start paying off debt. I personally suggest paying off personal debt first then start investing. Once you get debt out of the way you will really have breathing room. How would it feel if your income from your business helped pay off your car loan, mortgage or credit cards?
It's not going to happen right away. First you have to manage hundreds and be a hundred-aire. Then you can make thousands and be a thousand-aire. With all the hard work and investment you'll eventually become the MILLIONAIRE you deserve to be.
From that point you can start re-investing your profits into your company. Whatever worked for you to make the first dollar, keep doing it and keep pressing forward. Once that first check is in hand then you can have more checks coming in the future. Take a part of your profits and put back into the business.
When you are finally getting ahead, invest your remaining dollars or start paying off debt. I personally suggest paying off personal debt first then start investing. Once you get debt out of the way you will really have breathing room. How would it feel if your income from your business helped pay off your car loan, mortgage or credit cards?
It's not going to happen right away. First you have to manage hundreds and be a hundred-aire. Then you can make thousands and be a thousand-aire. With all the hard work and investment you'll eventually become the MILLIONAIRE you deserve to be.