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Are you missing the boat?

 

 

Retailing your way to profit

 

retailing network marketing products

 

There are two ways to make money in the network marketing business. The first is to recruit people into your business. Some companies pay you a bonus when you recruit someone. You can also get a small commission off of any products that your new distributors buy for themselves or when they sell the products to other people.

 

In network marketing, we are taught that you can make a lot of money if you can recruit enough people into your business and they duplicate your success. There are two problems with that. The first is that most network marketers never recruit a single person and even if they did, they would duplicate what you’ve done. In most cases, that’s little or nothing.

 

The road to network marketing riches is so slanted toward recruiting that the FTC is constantly watching companies to see if they are selling their products to anyone other than new recruits. There have been many law suits filed against network marketing companies because of this practice. The FTC requires companies to sell a certain percentage of their products to people who aren’t distributors, in order to be a legal network marketing company.

 

Most people, who start a business, are in that business in order to make money. If that business doesn’t make money, then more than likely, it will go out of business. This is what happens to most network marketer’s businesses.

 

The new distributor goes out and tries to recruit people into their business and they are met with a lot of resistance. They will hear anything from a polite “No, thank you,” all the way to some pretty brutal words and accusations. One of the most common objections that the average distributor will hear is, “No one makes money in those things.” The fact is that some people do make money in network marketing, not many, but a few do. I can understand why most people feel that way. They look in from the outside and see a few people, at the top, who are making a lot of money and then they look at those around them that aren’t making money and in some instances, they are losing money.

 

are you missing the boat

 

I think that most network marketers are missing the boat. They forget that there is a second way to make money. Any distributor can go out and sell their company’s products and get paid for doing that. This accomplishes two things. First, it helps the company to stay legal, in the eyes of the FTC and it allows the distributor to make some money. Since we are in the money making business, I figure that making money is a good thing.

 

Even if you’re only making a few dollars every month, you’d be in the top 6% of all network marketers, according to income. In my opinion, most network marketers end up quitting the business because they aren’t making money or they are losing money. Wouldn’t making money put an end to people quitting? Or at least it would put it off as long as possible.

 

Just as an example, I have an upline who doesn’t do very well with recruiting, but she has a nice sized group of retail customers. I believe she has about 40 or maybe 50 people who reorder the products, on a monthly basis. She once told me that she makes about $2,000 per month doing that. That probably puts her in the top 2% of all income earners.

 

If you’re going to be in the network marketing business, I would suggest that you start by building a customer base that gives you a decent sized income. This will allow you to do some paid advertising and still have money to help pay your bills or whatever it was that you wanted some extra money for.

 

The retailing side of the business is often over looked. I believe that this the best place for most new distributors to start to build their business and their income.

 

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Failing doesn’t kill you

 

But it could make you better

 

failing isn't failure

 

What is the one thing that all business people have in common? Sooner or later they all have failed at something. Failing seems to be a part of life and as it turns out, it’s a large part of it. How often have you set out to accomplish something and everything went just like you planned it? If you’re very lucky, you may have done this once or twice in your life. All the other times, you’ve failed to achieve the goals that you were looking for.

 

There’s a huge difference between failing and failure!

 

You are only a failure if you quit!

 

Failing just means that you’ve been given the opportunity to learn something. You have to decide if you are going to learn the lesson or not. In the end, failing teaches us what won’t work or didn’t work that time.

 

Thomas Edison said about his light bulb, “I have not failed, I’ve just found 10,000 ways that won’t work.”

 

Even after failing to make the light bulb 10,000 times, he never gave up. He never quit. He just kept learning and making changes to his design until he finally stumbled across the answer.

 

Can you imagine how difficult it must’ve been to keep trying to make a light bulb even after failing every day for that long? Do you think that you could have persevered for that long? Would you have given up after 100 tries? Or would it have taken you 1,000 tries to finally give up? Or would 10 times been enough, for you?

 

All of this can be applied to a network marketing business. You’re never a failure until you decide to quit.

 

don't quit and you won't fail

What if I told you that you would be a success if you would talk to 100 people? Would you be willing to go out and talk to that many people about your business? I’m sure that most of you are saying, “Sure, I could talk to 100 people, if I knew I’d be a success.”

 

What if I told you that 100 people wasn’t enough and that you’d need to talk to 1,000 people in order to be a success? While most people would be willing to talk 100 people, I wonder how many of you would be willing to talk 1,000 people? You’d have the same success, you’d just need to talk to more people. Would you give up and say that 1,000 people was too many people to talk to? Or would you be one of the ones that said that success is success and it doesn’t matter how many people you’d need to talk to?

 

The problem with network marketing is that when you first get started, you have no idea of what to do or what to say to people. You do your best, but time after time you get rejected or told no.

 

After a new distributor hears no a few times they just give up and quit. There are a few that will push through this initial resistance and continue. For them, nothing will stand in their way. They don’t care how many people they need to talk to, they want success.

 

Every time they talk to someone they are learning. If something that they say to them works and gets them a step closer to seeing the business plan and making a decision, they will incorporate that into what they say the next time. If they say something and it doesn’t work, they may change it or eliminate it.

 

Even when they have what they want to say to someone, they know that it won’t work every time or with every person. Once they know how to move a prospect through the process, they know that it is just a matter of finding enough people to put into the process. Then it becomes all about the numbers.

 

They know that for every 100 people that are put into the system that a certain percentage will make a positive decision. Then it doesn’t matter how many people you have to talk to because you know that you’ll be successful!

 

Failing won’t kill you, it will teach you a lesson on what didn’t work. All you have to do is to learn from it!

 

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Batching your content

 

Batching

 

batching your content

 

I’ve been blogging for almost 6 years, now. I discovered that I really like to write. It’s a really nice creative outlet for me. I’ve had some regrets, over those 6 years. The two main regrets are that I never collected email addresses or at least not from the beginning. I realize that it’s never too late and I’ll be doing that from now on. The other regret is that I never did videos. I now think that having videos is a great way for people to “get to know you.” I put that in quotes because I’m not sure how well people can get to know you if all you do is talk to them. There’s no exchange of ideas, so how well can people get to know you through a one sided conversation.

 

I’m not here, today, to whine about my regrets. Well, apparently, I am. That’s not my main focus, though.

 

I want to talk about batching content. Batching content is when you make a week’s worth of content in a day or two. It’s something that I’ve never been able to do. I have written 2 posts in a day, but I’ve had big problems creating that much content in a day.

 

I’ve written several posts about where to get ideas for content, but I just can’t seem to write enough in a day or two to make batching work for me. The closest I ever got to having a batch of posts at my disposal was a couple of months ago. I listened to two podcasts and I got 5 ideas for articles and I was able to write all 5 articles in a day and a half. Somehow I managed to have 5 articles ready to go and I thought I had died and gone to heaven.

 

For me, being able to batch my content would mean that if a day came up that I didn’t have any ideas for my post for the day, that I could dip into this reserve and not have to worry about skipping a day.

 

blog post

 

Skipping a day, here and there isn’t that big of a deal. I just don’t want it to be a habit. Google seems to like blogs that are growing, on a regular and consistent basis. I like to keep up with the articles for them and the readers of my blog. Thank you!

 

Getting back to my batch of articles … Unfortunately, the stuff hit the fan, here and I used up all of my reserve articles in about a week or two. I haven’t been about to write enough articles to get a batch of them together.

 

I’m getting to the point of this article. If you just hang on for a few more minutes, I’ll get to it.

 

It was a couple of days ago and I didn’t have any idea what I was going to write about. My goal is to write between 24 and 28 articles per month. Google seems to have appreciated my diligence. I’ve had a rise in traffic of about 50% in the last 3 to 4 months. Thank you to the Google boys!

 

What was I going to do? I had no idea of what to write about and I had already skipped 4 days in the last 30. I went to a fall back article idea. It’s one that is easy to write and seems to be fairly popular. I wrote a quotes article. That one was a list of quotes by Jim Rohn. He is one the big thought leaders in my niche.

 

It seems like people love to read quotes of thought leaders. Here’s the point of my article. Yes, I finally got to it! Why can’t I write a bunch of quote articles and use those as a reserve or batch to draw on when I have no ideas on what to write about?

 

I wrote this article to say that most niches have their own thought leaders and why couldn’t other bloggers do the same thing. You don’t have to write about only quotes of thought leaders in your niche, you could quote anyone who is motivational, inspiring or helpful.

 

That’s my helpful hint for the day.

 

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