Everyone takes these leaps of faith or huge action steps to create amazing income with their network marketing opportunities but it comes down to the simple things that are done
I want to talk about the simplicity of building a network marketing business and how it doesn’t take a lot of things to make it happen. Income wise, impact wise, and visibility wise. So I’m going to give you three things that you guys can add to your daily habits and routines in your business to grow your income tremendously right away.
So number one, add a social media platform suited for business opportunities, and not just products. Now, I’m a student of the game and obviously I spend a lot of time on social media, not just building my business and my product, but I spend a lot of time looking at what other people are doing, checking to see what’s trending and what’s not. What I’ve come to find is that most people are using Facebook and Instagram. This comes back to something that I always talk about, which is, people will only do what they are taught. So if you’re taught, Facebook and Instagram, then that’s what you’re going to use to build your business. If you don’t know me, LinkedIn is my specialty and I teach business owners and entrepreneurs how to monetize it and optimize it. It can be done in as little as seven to ten days, because it’s suited for business opportunities. What is the one thing that I hear from people when I ask them if they are using LinkedIn yet? No, I have a profile, but this and that typically. Typically, they don’t know how to use it. That doesn’t mean that you’re doing anything wrong. We’re putting too much knowledge and too much of our business on our upline, because we feel as the downline, as the person that’s been enrolled by them, that if that person isn’t doing it, why should I? What you have to do is you have to look at this opportunity and you have to look at a social media platform that supports business opportunities.
To side branch from this, the three things that you need to look at when you are deciding in building a network marketing business, not a network marketing distribution downline, meaning you’re just a distributor, you just have consumers, you don’t have teammates. That’s the other thing I hear from people, I wish I had people building with me. Again, that doesn’t mean you’re doing anything wrong. All it means is that you have to start shifting your focus a little bit on what you’re putting out there. The three things that you need to look at when deciding what platforms you have. First, the average age. Second, the average yearly income. Third, the size of the network that you can grow. According to BusinessJournal.Com (great blog site if you want to check it out) they compare the main three, Facebook, Instagram and LinkedIn. What they found is that Facebook and Instagram has the same demographics. On average their ages are 18 to 29. The average income of those people is $30,000 a year or less, which explains why people have a lot of frustrations because those that are you are talking to can’t afford it.. Now when you look at the size of the network that you can grow, you can only have 5000 friends on Facebook and that’s it. I always said to myself, why am I spending time on a platform where you’re actually limited with the amount of connections that you can have? That doesn’t make any sense to me. That’s a red flag, for one, that tells me this platform is not suited for business growth. It’s suited just for keeping people in touch. The other thing is that Instagram has the highest rate of fake accounts, fake likes, fake commenters, and generally the most fake in social media today. So I spend time building my brand on there, but I don’t put that much business effort into it. I do run some ads but that’s a whole separate conversation. Then the third thing, is obviously the size of that network, like I said, you can’t build a business in which you are limited to 5000 connections. Now, let’s look at those three things, compared to Facebook, LinkedIn has an average age of people who are 30 to 55, with an average yearly income of $100,000 a year or more, and where you can grow a network of over 30,000 connections. So I’m going to ask you guys where do you think you should be spending your time? These people are on there to build a business.
Number two, all you have to do is have one new conversation a day about your opportunity. Not about your products, not about your shakes, your skincare, your haircare, whatever else you’re doing, just have one new conversation. Each day, whether it be on the phone, through text, through dm, or through messenger, talk to someone about your opportunity. The more people you talk to, the better it is. Now, let me just break this down, one new conversation a day, which is seven days a week, and there are 30 days in a month. What does this mean? It means there is a chance for 30 new conversations. A month compounded over a year is now 360 new conversations. Now, let’s make it a 10% conversion rate that’s it. 90% failure rate of 10% conversion rate that they’ve said yes, that’s 36 people. What would it do to your business? What would your business look like if you have 36 New Business Builders building with you?
You can get my point and catch my drift. That’s it, 10% of that, that’s all it has to be not some big outrageous number.
Number three. This is what you got to do to break it down even further, focus on having one new business builder brought on a month. That’s not several new people in one month, focus on one new business builder a month. You compound it over a year, 12 new builders, let’s say, half of them don’t do anything. You still have six new builders growing their business. Now you teach them that formula where you say to your new builder listen, let’s focus on getting you your first new builder this month. Then you focus the next month on getting them there second. Now, you teach that person to teach their two people to teach their two people to teach their two people. That is how the compound effect. It doesn’t take a lot of people doing this.
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