This is a follow up to my article called “Your Game Plan or Backwards Thinking.”
After being in business for 26 years, I have concluded that the cliche, “It’s a numbers game” is very much true! You probably found it to be true as well. If you put your offer, your product, your service or your business plan in front of enough people a certain percentage will buy from you or join your business.
Of those that are willing to join you in your quest for riches, not many will succeed. If you haven’t read my ebook called “Why You Are Failing At MLM,” you can fill out the form and receive your copy of it. Suffice it to say that making it big in business, any business, takes a lot of hard work.
Because business is a numbers game you can break it down and know how much work it will take to reach the top of your business.
Let’s look at the numbers …
On average, about 3% of the people you show the business to will join. From my research most people who have reached the top level of their particular network marketing business have recruited about 20-25 people.
So how many people do you need to put your business plan in front of to recruit the needed 25 people?
Let me get my calculator …
25 divided by .03 = 833 people
If you are able to show your plan to 1 person per day, it will take you less than 3 years to reach the top of your business. All the while you’ll be helping others to do the same thing.
Network marketing is not a get rich quick business. The numbers show that it is doable, but it takes a lot of hard work, consistency and dedication.
The numbers also show why most people fail at MLM!
Take a look at yourself and do an honest assessment. Are you doing the things you need to be doing? Are you consistent and persistent? Are you showing your plan to 1 person per day. If you aren’t, you can still do the math and figure out how long it will take you to recruited 25 people and then you will need to decide if you are willing to stay in business that long.
Maybe you should put your $300 into a bank account, instead? It’s safe and easy. Think about all the money you will earn in interest in those first 3 years!
Will that 1% return get you rich?
Maybe you should just accept that you are an employee? How much money will you make in the next 3 years at your job? How many raises will you get if you work hard and do exactly what your boss tells you to do? Will you be where you want to be, financially?
Or maybe it’s time to dedicate the next 3 years to get what you really want out of life!
Run the numbers … make a plan and put it into action!!
If you liked this article, please +1 it for Google and be part of the conversation by leaving a comment below. If you know someone who could benefit from this please share it. And don’t forget your friends and followers. Thank you!
Link to this post using the following HTML: