Stop The MLM Revolving Door

| Posted: 24-04-2008 | Comments: 0 | Views: 5 | Rating: (50)

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You're excited, you just joined a business you feel a strong connection to, you call your sponsor and you're ready to hit the ground running. So, you ask. What should I do first? In most cases what your going to hear from your sponsor is go to "ABC leads" and pick up some leads. "Just pick the package that works best for your budget".

So, here you are new to this business and you're a real go getter and you're going right to the top. You tell yourself, the most leads I can call through the faster my star will rise to the top. You desperately want the lifestyle or the win the free car promotion your company is running. Your thinking to yourself, "all I have to do is just get a few", and your network marketing dreams will come true.

So with you get the mega lead package. Of course when you tell your sponsor, they praise your and wish you the best of luck. Your sponsor provides you're with your teams powerful, easy to read script that has a "3% conversion ratio". You think to yourself, this will be a piece of cake, meanwhile doing the math in your head about your uncollected sign ups and commissions.

You have just taken the bait and are already trapped. That said, let's continue. With leads in hand you pick up the phone and commit to call at least 25-30 people each day. The first day goes a little something like this... 12 disconnections, 10 answering machines, 1 claim's to have not requested any information and 2 seem to be interested. You are so excited that you shared your opportunity to with two callers and directed them to your website and setup follow up calls for the next day.

The very next day you're optimistic that you're going to close at once one of the two prospects you spoke with the day before. Today you actually get more folks that actually remember requesting information, 3 more that your share your opportunity with, but you get at least 10 people that blast you out of the water for disrupting their quiet family time with your "pills and potions pushing". Just a little hurt, you say to yourself that you're tough and a few nasty comments are not going to stand in your way of success.

By this time, it's time for your follow-up calls. And guess what? They are both no shows. You say that's ok because you have two to three more the next day.

Fast forward a month and you've hammered through your leads. You got your script down pat, and have a few more promising follow up calls that never pan out. You say I guess this is a little harder than I thought. You buy your next month of leads and do it all over again with the same results. Again, you buy another month worth of leads and do it all over again with the same results.

By this time you seek advise from your sponsor as to what you're doing wrong, he or she gets on the phone with you and a few calls and tells you you're doing everything right and it's just a matter of time before you get your first sign-up or commission. With the backing and confidents from your sponsor you get back on your horse and get started on your next month's worth of leads. By this time you start to question ask yourself this question? "When I do get someone sponsored are they going to spend over $2,000 to get this opportunity off the ground?"

Your mind says . . . "No way!"

You start to get suspicious of how all this duplication stuff works, but you keep going. Two months later you're $3000 in the whole and you cut it off. You think to yourself, "Why didn't it work?"

Well, you see it does work, but just not for you as the newbie. And here why... on a larger scale your up line leaders business does grow following this model, because they have 100's of folks like you and me out there calling thousands of people at our expense, basically to see if we can get someone to stick and start the process all over again. Based on the laws of large numbers this theory will work. That's why the people at the top consistently make money checks with commas and the folks on the bottom barely get by or lose money.

A recent survey of the largest network marketing companies showed that nearly 45% of total commissions were on average distributed to less than 1% of all reps within the company.

So how do you make sure your business has a chance? Self funded proposals. A self funded proposal allows you to generate your own leads and market products to those leads at the same time. A simple search of Google on "self funded proposals" will expose you to several eBooks' and companies that help you build your down line, generate more leads, and make more money.

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Article Tags: MLM, Make Money Online, Leads, Lead Generation, Web 2.0, Self Funded Proposal

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About the Author:

Rich Dabney is an internet marketer with a passion for helping other discover the secrets of sucessful online marketing and travel. Discover the "Truth" about internet marketing at globalbizpro.blogspot.com or visit www.globalbizpro.com today.

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