Team Building 101

Category : Advice, Network Marketing, Tips

Here are some more tips on team building based on my own wins and losses since September 2007. They are in no particular order (except for the first one!) They are all important and I hope you can learn from my mistakes!

  • MOST IMPORTANT. As soon as someone enrolls work on getting them their required customers to trigger the fast start bonus.
  • Avoid focus on their domain name (if they choose to buy one), their dream board, etc. until they’ve got their customers!!!!!

Get them their customers. THEN roll up your sleeves and help them with the dream board, the strategy, the domain name, the sizzle cards, the business cards, etc.

  • Consider making a new rep’s sizzle cards for them or get together and make and cut the cards together so they learn how but NEVER keep supplying them with cards because that does nothing for their growth. It keeps them infants in their business. Show them once then put the rest in their hands.
  • Do just a few one-on-one presentations for your teammate’s leads and have them be a positive “back up” to the points you make in the presentation. Then switch roles from then on.  Requiring them to do their own presentations fosters growth and builds their confidence which also builds leaders.

So to be company-specific here’s the general guidelines to helping a new Ampegy independent representative get started:

1. First-help the new Representative get their required customers to trigger the fast start bonus

2. Get them to make a list of potential customers and reps

3. Make sure they have accessed their back office, set up their direct deposit, etc.

4. Help them with a dream board or dream list of some kind

5. Make sure they know the webinar/call times. Remind them the first 2 weeks- (tell them you’ll remind them just the first 2 weeks)

 

Got any team building tips you’ve learned along the way? Please share them by leaving a comment!

 

5 Things To Avoid In Network Marketing

Category : Advice, Entrepreneurship, Industry Info, Network Marketing, Tips

This is just going to be a collection of things I have learned to AVOID doing in my almost 4 years of being in the Network Marketing industry.

1. No matter how excited you are NEVER get something permanent to reflect your business because anything can change at ANY TIME. This includes vanity license plates, jewelry (unless given to you by the company), permanent signage, tattoos, car paint jobs, etc.

This is something that I both observed when spending time with Mike and Barb Lammons out in California AND have personal experience with. For instance, I got so excited about a company that I bought the license plate for the state of Arkansas.

The reason why this was a bad decision was because the company is just the vehicle. The industry is the stuff that makes the vehicle drive… YOU are the fuel. Brand yourself. Brand your team. NEVER tie yourself to a company in that way.

Now promote your heart out always in whatever company you choose..but never lose your identity along the way. Believe me it is easy to do. You get so caught up in the company and its success that you forget about you and the health of your team.

2. Never try to do it all. Ask your team to share some of the responsibility. Nobody can shoulder all the responsibility all the time.

3. Personally, I choose to never personally sponsor someone more that twice. Fool me once, shame on you. Fool me twice, shame on me.

4. Never EVER buy someone in to your company. No matter HOW perfect you think that prospect will be for your team buying them in is NEVER a good idea because they have risked nothing therefore they can quit without losing any money.

If you buy someone in you’re basically asking them to quit on you. I also say this from experience. I have helped at least 10 people join my company and they are ALL GONE. None of them stayed.

5. Only go where the money is. Now-let me explain. If someone you know or meet says “hey, can you fly/drive out to X. I want to talk to you about the business.” Say, sure. Let’s talk on the phone first. If you still want me to come out enroll as a Representative and get me 3 other people to talk to while I’m there and I’ll come.

I have wasted SO MUCH TIME, MONEY, and EMOTIONAL ENERGY on people who asked me to come out to places as far out as Seattle ( I live in Arkansas) with NO intention of talking about the business. They just wanted to see me, catch up, or wanted to ask for money. This happened to me because I thought that, as a leader, I should go and because of this I wasted my time, money, and energy.  I hope you learn from my mistakes.

If you apply these 5 things to avoid to your business I believe that you’ll notice a big change. My hope is that this helps at least one person grow and become more successful.

Have you made a mistake that I left out? Please comment and share it so we can all learn from it together!

My MLM Recruiting Experience

Category : Advice, Me, Network Marketing

A member of my team asked me a few minutes ago for a written account of my recruiting/team building experience. While I am DEFINITELY no pro I have sponsored quite a few people in my day. Now did most of those people stay? NOPE. But here’s a run down of my experience.

Note: these have all been endeavors with the same people. I’ve been working with Steve Smith, the man who created the marketing plan for Excel, since September 2007.

  • Ultimate Choice Travel (started as a director. Got to Regional Director)

I personally sponsored 11 people into my team there. None of them stayed.

7 of those 11 were acquired with help from my sponsor for leadership or prize- promotion qualifications. We begged, pleaded, used favors owed to us, etc.

1 of these 11 was a total stranger I met on a car forum from the east coast. He never did anything.

I enjoyed this company even without a working team because I went for the big fish- cruise fundraisers, mission trip travel, group travel, etc.

  • iJango/weJango (at this point I am a Regional and was working on my National Director code)

I personally sponsored 9 people into my team. Most everyone of those sponsored at least 1 on their own so that grew quickly.

2 of these people were referrals from my sponsor. The other 8 came to ME  (which was really really cool) and I personally knew them. These people came from my facebook postings about the opportunity.

Only 1 of those people stayed the course. (plus one person on my first level- their sponsor (my personal sponsor) quit)

The others lost hope/faith/or never wanted to do it in the first place.

Now gathering customers- that was all done with sizzle cards, craigslist postings, and one-on-one talks with people.

  • Ampegy

????????? I plan on recruiting a healthy amount of people and helping my team with referrals the way my sponsor helped me!

Businesses Benefit From Network Marketing

Category : Advice, Industry Info, Network Marketing

Several types of  businesses would greatly benefit from using the network marketing distribution model..but why don’t they?

I think a lot of companies fail to seek this type of expansion for a few reasons: one being the mis-information and stigma surrounding the MLM industry. The second reason probably stems from the fact that it is difficult to set up all the necessary structure to make a MLM company work and that the company doesn’t know where to begin or who to turn to for help to make that start.

The biggest industry that would benefit from using MLM to market their products would be As Seen On TV products. People LOVE the “big reveal” of products that work wonders and it would definitely take off if the companies would just look into using this model.

If the compensation plan paid the independent reps well then they would be that much more motivated to move the products, thus generating more revenue for the parent company.

Other industries that would also make a killing using network marketing to distribute their products would be companies in the service industry, such as movie rental memberships like Netflix or game rental memberships like GameFly. If you had movie lovers and gamers promoting these companies the revenue, again, would be staggering.

Digital downloads would also benefit greatly from a people to people marketing arm. Think about audio books like Audible.com, Amazon e-books, etc.

All in all- big companies need to really look into marketing their products and services through Network Marketing, people to people marketing, affiliate marketing… call it what you will, but it works!

MLM Overhauls Needed in 2011

Category : Entrepreneurship, Network Marketing

MLM (network marketing, affiliate marketing, the distribution business model..call it what you will) needs a major overhaul in 2011.

For crying out loud there are still marketers out there who ask you to dinner, “magically” meet up with a business contact and then ambush you about how you need to join!

It is 2011, people, and there has got to be some work done to the MLM’s who survive and thrive from here on out.

  • The company has to have a GREAT WEBSITE that MUST WORK. Period. If you send me to your MLM and it looks like an old Angelfire homepage then you’ve probably got bigger problems (i.e. funding)
  • The company’s owner and leadership team MUST be featured. The field should KNOW who these people are and why they are qualified to be leaders.
  • STOP SHOWING LIFESTYLE SLIDES IN PRESENTATIONS!  Nobody believes anymore that in 3 years they will be dancing on a beach every day or stepping off their private plane.  This was big in the 90′s but in 2011 people just want realistic income that can help pay their bills. Now when the economy is better as a whole, sure- go back to showing pictures of fast cars and big houses but GET REAL for right now!
  • You MUST have a reasonable start up cost. Owning a franchise should never be free because that just seems hokey to me. If you don’t pay anything for it then WHY is it worth anything?  The value just isn’t there. Then again an MLM should never be over $700 to enroll in. You’re buying into an independent distributorship and it takes money to make money but in this economy anything over $700 is totally unreasonable.
  • Have a product that is actually useful and cost effective to the end consumer. For instance, The Trump Network really dropped the ball on choosing an expensive health product when the average American consumers can barely afford the generic vitamins at Wal-Mart.
  • Have effective and consistent communication with customers and the independent distributors in the field. Nothing raises a red flag more than when a company stops sending out communications. And on the flip side it generally takes 3 marketing outreaches to a consumer to get their attention which engages them and often leads to more sales (or customer referrals) so consistent contact just makes sense.
  • It is always a good idea to do a marketing piece that features happy customers AND happy distributors. People are skeptical of online companies these days-especially those who are never seen in the public eye of tv or social networking and they need regular customers and successful distributors to relate to.

What do you guys think? Did I leave anything out? This post was from the top of my head so feel free to chime in.