First and foremost, people must understand that Network Marketing is a part of every business without exception. It’s all in whom you know or who you are willing to approach to get to know. You can’t grow your business long-term without having a genuine interest in people, becoming a star in your organization and duplicating yourself over and over again.

When you join an MLM or Networking Marketing Company it is important that you understand the compensation plan in order to achieve long-term success. It comes down to planning your activities and actions. However, when starting out don’t let understanding the compensation plan drag you down. You have to take that initial excitement and energy out to the masses and spread the word. Leverage the MLM company marketing materials to explain the nuances of the opportunity. That’s why they were created in the first place. Use three way calling and introduce the prospect to an experienced upline. Your main goal at this stage is to introduce, listen, and learn. At this point you have gone from being a follower to a pre-leader.

By understanding your compensation plan you will be able to structure your group and personal activities in a way that you can achieve your goals. It’s important that you understand your groups individual goals as well since they are the people helping your grow the business. If your goals and theirs are not aligned, there will be some push back from their end on your requests. I focus on helping people achieve their goals which in turn satisfies my goals. Study your compensation plan and ask yourself “How much money do I want to make?” Is that amount $1K, $5K, $25K per month? Your desired income goals will let you know how many leaders you will need in your downline. Your job is to take followers and convert them into leaders. Not everyone is up to the task but that is why you interview people to find out their motives and their ability to lead. Go beyond the minimum amount of people you have determined you need to reach your goals. You will want at least 1.5 times beyond the minimum requirement of representatives to achieve your income goals. Your downline representatives/business partners have a life and something will inevitable happen that causes them to lose focus from time to time. It is ultimately your responsibility to keep pushing your business forward without depending on any single individual. Otherwise, you won’t hit your goals and will become frustrated at your efforts or lack of efforts of others. Never take anything personally since it’s a waste of your time and energy. Keep moving forward with the end game in mind.

The people you think will be leaders usually are not and are the ones that try to reinvent the wheel. They look for a better way to do things and rarely end up being successful. It is important that you never stop sponsoring. Every new person you bring into your primary business sets an example for your downline that you should encourage to follow. To achieve the highest levels of achievement you have to break down your goals into chucks of digestible information. It’s important that you achieve the 1st level as quickly as possible. You will notice that getting to a higher level requires repetition of what you did to reach the 1st level. This is what you teach your downline to do over and over again indefinitely.

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Filed under: Compensation Plan • Network Marketing

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