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Monday, February 24, 2020

*** It's All About the Numbers *** {360}

๐Ÿ’šAny MLM business you're involved with is a numbers game. If you are told otherwise, that's just not true. This is a game of skill and strategy, but you will need to sift and sort through a large number of people to recruit a lot of distributors, in order to find your few key players. If you're able to find about half a dozen like minded individuals, they can literally build your business for you.

Most top earners have personally sponsored approximately 100 to 500 people, been with their current company 5 or more years, and make anywhere from 80 to 85 percent of their income from FIVE or fewer people.  Let that sink in!

To play it safe, let’s assume you need FIVE key people to build a large MLM Team. Here are some conservative numbers to show you how to do that.  Please note that most Marketers use the 20/80 Rule, to be as realistic as possible.  

  • To find 5 key people you need 25 distributors who actually do something
  • To recruit 25 people who do actually something you need to sponsor 125 distributors
  • To recruit 125 distributors you need to show 625 presentations
  • To show 625 presentations you need to approach 3,125 prospects
  • By Using this strategy, you would need to approach 3,125 people about your business opportunity. That sounds like a lot of people, but if you contacted just five people a day, every day, you could get that done in 625 days, which is less than 22 months. If you contacted 10 people a day, you could get that done in about 10-12 months. If you contacted 20 people a day, you could do that in about six months. Personally I use Facebook Messenger for my prospecting, and have implemented my own strategy on how to do so. Try to fix in your mind, how many people you want to prospect daily, and make sure you're consistent. (I have scripts that I use, and am able to contact at least 20 per day.)
That is the power of numbers working for you. The real key to success in this business is making exposures to new prospects every single day. This is a business of exposures. 

I suggest you pick a number that is doable, somewhere between three and twenty people, and make a vow to never go to bed at night until you have exposed that many people to your business that day. You will hear more "NO's" Than "Yes'" and that is completely normal. Just because your prospect told you "NO" today, that doesn't mean they will tell you "NO" tomorrow. Some of your best Team members will be the one's that told you "NO" originally.

If you had the discipline to do that, you could literally build a great business in less than two years, all while working your business part-time. An hour or so a day.  Now you know.  Eliminate the excuses and expose new people to your business opportunity daily.  Do that consistently and you will make it to the top of your compensation plan.  Don’t do it and you will struggle. 

How do you find these people and contact them?  There is no right or wrong answer. There are many ways to build a business, and I suggest you Pick 2-3 strategies that leverages your talents and abilities and focus on those. (If you need some ideas, please contact me, and I will take you too another one of my blog posts that will give plenty of ideas.)

For the lawyers reading this, I must legally say that individual results will always vary. I cannot guarantee you these exact same results. You might have to talk to more people to get these results, or you might have to talk to less people to get these results.  Each person's abilities are unique.

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