MLM Time Management: Are you practicing effective MLM Time Management?

Apr 30
2009

It has been my observation that most people get ahead during the time that others waste time” — Henry Ford

There are only 24 hours in a day, 365 days in a year… but why does it always seem like there’s not enough time to get things done.

Don’t say you don’t have enough time.  You have exactly the same number of hours per day that were given to Helen Keller, Louis Pasteur, Michelangelo, Mother Teresa, Leonardo da Vinci, Thomas Jefferson and Albert Einstein
– H. Jackson Brown

How did they do it?  Did they think sleep was overrated?  Of course not, we all need to sleep and we all have the same amount of time available to us… it is what we do with that time that makes the difference.

Do you know how much your time is worth?  I would recommend you do the following calculation:

Business Earnings  $

Hours You Work in a Year:

Minimum Hourly Rate:

So if you expect to make $10,000 from your MLM business this year and you allocated 3 hours/day and didn’t work weekends and took a 3 week vacation then:

$10,000/((52-3)weeks * 5 days/week * 3 hours/day)=$13.60/hr

Input your own numbers and see what your hourly rate is.  If your hourly rate is less than what you desire then you need to be working on applying the principles of the law of attraction to increase abundance in your life and you’re probably spending too much time on unprofitable activities.  If you want to increase your hourly rate and live in abundance you need to focus on those tasks that generate income.

If you want to make good use of your time,
you’ve got to know what’s most important
and then give it all you’ve got

– Lee Iacocca

Time management is all about being effective at whatever task you are doing and being effective is about getting the most important things done.  In order for you to be successful with your MLM business you need to focus your time on the tasks that generate direct income and increase your hourly rate.  But what about all the tasks that don’t generate income but still need to be done like:

  • bookkeeping
  • scheduling
  • emails
  • etc.

Obviously if you are just starting your MLM business you don’t have a lot of funds lying around (at least most of us don’t) so you can’t outsource it and unless you have a large family you can’t delegate it.  You need to consider your hourly rate and decide if the time spent on the task could be done cheaper, if and when you have the income on hand to outsource it.  If yes and your budget allows then outsource, if no then you’ll have to do it yourself for now but as your hourly rate increases and your budget allows revisit the task and see if its outsourcable yet.

To grow your business you need to focus on your strengths and on those tasks that generate income directly… let others take care of the rest.

Tools for Abundant Living

Apr 30
2009

Previously I discussed how to apply the Law of Attraction to attract abundance to you but their are some additional steps you can take to keep you on track. For example, set some goals, write them down and then set your intention to meet these goals. One of the tools that can help with this is a website I happened to stumble on a few months back that allows you to send an email to your future self.   This is helpful because you can state what life is like having met your goals in the “present” tense and then using the site send that in an email to yourself at a future date by which you intend on achieving the goal.  To take it one step further you can make your email public which tells even more people of your intention.  A great way to hold yourself accountable!

Another tool to use is a dream board.  And yes, it truly is a board full of dreams, your dreams.  I would suggest going out and grabbing some magazines that contain pictures of things you like but perhaps think are beyond your reach at present.  Pictures that reflect your desires.  For example, for me I grabbed several issues of the Robb Report, the global luxury source along with some issues of Dream Homes and Spa Finder and Architectural Digest.  One of the items I placed on an early dream board was a BMW Z3 roadster.  I couldn’t find a picture of one I truly desired so I went to the BMW website, configured the color scheme and options and then printed it on a color printer to put on my dream board.  That vehicle was parked in my garage less than 6 months later.  Note I said “an early dream board” because once you achieve a dream its time to dream bigger.  Whether one of things you want is a car or a house or a boat or a plane or more time for relationships, a family, or even being able to donate to a charity you like etc, find the pictures that relate to your desires.  The best pictures are those that effect you emotionally so that when you look at them you can see, hear, taste, feel them in your mind.  Don’t worry about what it looks like to others… these are your dreams after all.  For those of you who don’t want to cut out pictures and glue them to a board you can create a collage of pictures on your computer and then set it as your wallpaper… a constant reminder of what you are working towards, your intentions.

I have mentioned the importance of documenting everything you do as you build your way to MLM success but there is something else you need to be documenting.  In the previous article I mentioned Joe Vitale’s discovery about being happy for what you have right now.  You need to write down those things you are grateful for today.  Just as your path to success is written in a success journal, those things you are grateful for belong in a gratefulness journal.  Remember the law of attraction “what you focus on, expands” so what better to have expanding than things you are grateful for right now.  By doing that more good will come as the universe aligns things for you. Keep in mind that what you write doesn’t have to be huge it could be something simple:

  • I am grateful for the lack of traffic today when I went downtown.
  • I am grateful for that fantastic parking spot I found this afternoon.
  • I am grateful for another sunny day.
  • etc.

The point being that whatever you are grateful for, if you concentrate on it, it will expand and more will come your way.

These tools have another benefit… when your MLM business may not be going as well as you want it to, they will help motivate you by showing you what you are working towards and what you have already that you are grateful for.

Build your dreams for the future and show your gratitude for today.

Attracting Abundance

Apr 29
2009

Previously I talked about how those of us involved in an MLM to make some more money — well really to do the things that money will allow — can have a fear of money and I gave some things to think about to help you get past your chrematophobia.  Today I want to discuss a little about how to attract abundance to you.

The Law of Attraction is quite simple:

What you focus on, expands.

So if you dwell on the negative thats what you will attract.  For example if you are constantly worried about where the money is coming from to pay the bills that are already here and you’re thinking “I don’t have the money to pay my bills” you’ll soon find that there is no money to pay them and the more you think about it, the worse it gets.

If instead, you focus on what you want as though it already exists and think and say “I am grateful for the abundance of cash that I have” then, because what you focus on and think about expands and becomes reality, you will have that abundance.

So now you’re thinking “I’ve heard of this Law of Attraction stuff before and its never worked for me no matter how hard I concentrated on what I wanted.”  And if you are thinking that, don’t worry, I did too until I realized a few key things about why my desires weren’t manifesting… yet:

  1. The timing is not ideal – if you’re asking for a mountain in the time for a molehill it isn’t going to happen.  Further your desires may be linked to other people doing things in which case it won’t happen until everyone is aligned.  I know it may feel like things aren’t happening fast enough but give the universe time to line it all up and it will — right when you really need it to.
  2. You’re trying too hard – have you every heard the saying “Let go and let God”?  Well whether or not you believe in a divine presence you have to remember the universe is lining things up so give in to it.
  3. You’re being too needy – I can’t say this any better than what Joe Vitale discovered:

    What’s the secret to getting what you want?
    Not needing it.
    When you would welcome it but you don’t need it, you begin to attract it.
    It all begins by being happy right now.
    And you don’t need anything to be happy right now.

    – Joe Vitale

  4. You are being too serious – don’t take anything too seriously.  The same wind, both good and ill, blows across all of us or as the Jewish folklore states “This too shall pass”.   Be at ease and playful and choose to feel good.
  5. You are not open to greater possibilities of happiness – not everything we ask for, if we got it, would actually bring us good or happiness in the long run.  So instead of being specific you could say “I am grateful for the abundance of cash, or something better, that I have”.  Let the universe know you’re ready for the best possible outcome for you.

Simply put, while you need to think “right” you also need to choose to be happy and thankful for everything you have.  Do you remember as kids wanting that shiny new bicycle that someone else got for their birthday and your parents telling you that while you can’t have the bike you have so much more to be thankful for?  Well as kids we rarely understood… as adults we need to take it to heart and remember that to the universe, we’re kids!

In order to get on the path to attracting abundance in your business and your life I suggest you sign up for the free attraction marketing bootcamp where you will learn how to use attraction effectively to market your business and never have to call on someone again who isn’t interested in what you have to offer.

Are you Chrematophobic?

Apr 27
2009

No its not a fear of cream or even chrome, chrematophobia is the fear of money. Personally I didn’t think it existed or if it did that it was as rare as Loch Ness sitings after all who wouldn’t want to have vast sums of cash; however I found out that I too had suffered from the fear of vast sums of money when attending a seminar on wealthbuilding. My realization came in the form of simply completing a statement with missing words:

___________ is the root of all evil

I and many others answered it with “Money” but if you read the Bible you’ll know the actualy statement from 1 Timothy 6:10 is:

For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

So its not money but the love of money that is the root of all evil.  Perhaps I remembered wrong when I went to fill in the blank after all its an honest mistake right?  A further exercise, asking us to write down what we would feel about someone who had an absolute abundance of money and was able to do anything they wanted whenever they wanted to, completely squashed any illusions (or delusions) I had about my relationship to money.  To put it mildly I didn’t think much of that individual with all the wads of cash and if I felt that way how could I ever become that person?  My own feelings towards abundance were sabotaging my abilities to obtain it.  I had joined an MLM so that I could live in abundance but my own mind was telling me stop.

So how do you go about shutting down this programming thats been instilled in us almost from birth?  Have you not heard:

  • Eat everything on your plate; people are starving in Africa/India/etc.
  • Money doesn’t grow on trees.
  • It’s unfair that some people make so much money.
  • I wonder how he got all that money… legally.
  • He/She bought that just to show off not because he/she needed it.

If you’ve ever heard these statements or spoken one of them, even if only in your head, then you too are programmed to believe that those with the money are selfish bragging liars and/or thieves and some would have other negative things to say about these individuals.  In our minds we tell ourselves we’ll never be like that… that we won’t give into the evil but we’re still held back because we “know” deep-down that others will hate us.

While others may do this anyway, it has nothing to do with anything negative about money or having money.  We can’t change others but we can change ourselves.

When I was in Jamaica several years ago I had the opportunity to hear Jim Rohn, a business motivational speaker give a talk and one of the things he said I committed to memory: “Many of you believe that if you can make enough money to take care of your family that thats enough.  Thats a big enough dream.  I would tell you you’re wrong.  I would suggest to you that it would be better to make sufficient money so that 30% of what you make takes care of your family and 70% of what you make allows you to change the world around you.”

In other words, if you make more money you can give more so doesn’t it make sense to become wealthy? If you think otherwise then its almost as if you’re saying that charitable causes don’t need anything from you.

So how do we attract abundance to ourselves?  That will be the subject of my next post.

Review & Synopsis: Book Yourself Solid – Part 5

Apr 26
2009

This is the final segment of my synopsis of Michael Port’s Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling previous segments have covered various strategies including Networking, Direct Outreach, Referral, Web, and Speaking and Demonstrating.  In this last segment I will cover the Writing and Keep-in-Touch Strategies.

  1. The Book Yourself Solid Writing Strategy – Writing articles and publishing them online furthers establishing yourself as and expert and generating interest in your products simultaneously.  There are five (5) essential parts to writing an effective article:
    • Part 1: Deciding on the Subject – write what you know.
    • Part 2: Choosing an Ideal Topic – narrow the subject matter down to a specific topic which will make it more manageable.  Figure out what you are trying to accomplish with the article.  Define your target audience so that the information you provide will be of value.
    • Part 3: Creating an Attention-Grabbing Title – no one will read your article if the title is boring.
    • Part 4: Writing Your Article – it should have
      • an Introduction, the main point in a nutshell
      • a Body, expands on your title and introduction
      • a Conclusion, sums up what your wrote

      Add pertinent information about yourself and your business and don’t forget to proofread.

    • Part 5: Getting Your Article Published – after writing it you may opt to publish on the web in article directories, newsletters, or niche websites, etc. or alternatively in print.
  2. The Book Yourself Solid Keep-In-Touch Strategy – This last strategy was saved till the end for a reason… its the most important.  Making contact with your prospects falls to you and you need to make sure you send them relevant, interesting, current and valuable information.  To help with this Michael suggests providing your prospects with:
    • Industry Information – sending relevant information, that is not widely known, about your industry is excellent content that your clients will appreciate.
    • Strategies, Tips, and Techniques – probably the most common type of content.  This will help a larget portion of your prospects that have opted in to be communicated with.
    • Content from Other Sources – allows for cross-marketing. This gives you a break from having to create content and allows colleagues to promote their offers and return the favor to you.
    • Product and Service Offerings – give your prospects the opportunity to express their values by giving them a chance to buy your offerings.
    • Cool Keep-in-Touch – anything fun, different, unique, or exotic
    • Special Announcement – should be relevant, important, and presented as a learning tool to your target market.

    Once you know what you are sending, you then need to decide the delivery method — electronic or printed newsletters, postcards, mailers, and telephone calls.  Michael believes the easiest is the electronic newsletter as it is a cost-effective way to stay in touch with a large group of people. Whatever your method and content, keep in touch is key to developing trust and credibility with your prospects.  It keeps you foremost in their minds when they need what you have to offer.

While this synopsis is lengthy it by no means covers everything that Michael Port has to say.  If you really want to implement these strategies get a hold of the book by whatever means and go through the extensive exercises that Michael provides.  You’ll find this book to be a great reference as you try to brand yourself.

    Review & Synopsis: Book Yourself Solid – Part 4

    Apr 25
    2009

    This is part 4 (of 5) of my synopsis of Michael Port’s Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling covering the Web and Speaking Strategies.

    1. The Book Yourself Solid Web Strategy – In order to be able to start and continue conversations with prospects a web presence is critical as it positions you as an expert, build your brand, has global reach, and provides a forum for self-expression and learning.  A website’s primary goal is to convert the traffic that lands on your site and in order to do this your website should include the information you want to present and be organized and labelled for easy navigation.  Remember to keep your target audience in mind while you build your site because they are the ones you are trying to attract and then convert from a prospect to a client.  In this chapter Michael presents a number of different website formats — the brochure, the menu of services, the testimonial, the portal etc. — allowing you to choose what best fits your audience and how you want to present to them.  Of course a website only can convert if traffic comes to it and Michael shares a few strategies for this such as:
      • Getting Listed in Search Engines through Site Optimization – build content-rich pages that are legitimately filled with keywords and phrases your target audience would use to find you and your offer.
      • Boost Your Link Popularity – create relationships with other sites that have good web traffic and status.
      • Leverage Your Signature – let people know what you have to offer or to sign up for your newsletter through by adding a link to your email signature.
      • Use Article Directories to Promote Your Site – articles can introduce readers to you by including a brief bio at the end of your article with a link back to your website.
      • Cross-Promote through Marketing Partners – promote others that you deem great and have them promote you making it easier to build relationships and prospects.

      But again even if you get the traffic you still need to convert it.  Michael provides five (5) principles for prospect conversion:

      • Enticement – offer something of value as soon as they arrive on your site in exchange for their email address and permission to contact
      • Consumption – follow up to help them make the most of your information
      • Endowment – give your services to qualified prospects
      • Enhancement – offer additional products/services that would be of further service to your clients
      • Abandonment – as people leave your site without purchasing you could ask them why
    2. The Book Yourself Solid Speaking and Demonstrating Strategy – Another strategy to reach your target audience is to promote yourself or have others promote yourself.  The former can be of two types:
      • Conference Calls – monthly or weekly calls for clients to learn the benefits of working with you.  You need to prepare new, timely and relevant topics for each call.
      • Demonstrations/Educational Events – same as conference calls but in person.  Best suited for where your clients are located close to you.

      The latter, having others promote you involves presenting to associations or organizations.  Public speaking allows you to address prospects and interest them in your offerings.  Both you and the event organizers benefit, you get to market your offer and they get great content to satisfy their attendees.  Regardless of what type of audience you are presenting to keep your talk simple.  You need to teach your audience something they don’t know or haven’t realized yet.  Michael provides some guidelines to ensure you put out a good presentation:

      • Plan
      • Define your message
      • Know your audience
      • Choose your role
      • Know your materials
      • Be prepared
      • Organize your information

    I will be covering the final two chapters on the Writing Strategy and Keep-in-Touch Strategy in my next article.

    Review & Synopsis: Book Yourself Solid – Part 3

    Apr 24
    2009

    What I thought would be a 3 part summary of Michael Port’s Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling looks like its going to be extended.  I’m finding so many great things in his book and this synopsis is barely covering it even with the detail I’m providing.  As before… onward and upward…

    1. The Book Yourself Solid Networking Strategy – The rationale for networking is to freely and sincerely provide resources, knowledge, and information… with no strings attached.  This then allows you to build and deepen mutually beneficial relationships. Michael suggests focusing your networking equally on both clients and/or consumers (including prospects) as well as with other professionals where the latter provides a window for growth.  Share what and whom you know as well as how you feel.  Michael calls these intangibles and tells us that they should remind us to always increase our knowlege, thank those who have worked for you by providing them to others in business, and be fully present when networking.  Michael has some dos and don’ts keep in mind for networking events – first the Dos:
      • Be punctual and arrive on time
      • Be yourself and be relaxed
      • Smile and be friendly
      • Identify two or three things you would like to learn from others at the event
      • Ask for a business cared AND keep in touch

      and now for the don’ts

      • Don’t let what you do be the first question you ask
      • Don’t juggle multiple items
      • Don’t complain about networking or about the event

      Keeping in touch is imperative and if you don’t take the necessary actions than you have wasted the event.

    2. The Book Yourself Solid Direct Outreach Strategy – This strategy is often employed while starting your business when you have to proactively reach out to prospects. Definitely do not send spam email to mailing lists or newsgroups.  As with all things it needs to be targeted, legitimate, and have value for it to be appreciated and acted upon. Direct outreach tools include:
      • Letters – great for initial connections but do your homework and find out everything you can about the person or company you are trying to reach.  Make it personalized and let them know your objectives at the onset.
      • Calls – used for following up with your prospects after you have permission to contact.  Calls should be brief, direct, and straightforward.
      • Emails – allow you to connect with prospects globally.  Should be used in conjunction with other direct outreach tools.
      • Postcards – work best when its requirements are free and easy and when you’re giving away something of value
      • Brochures and Flyers – should be made professionally to let your prospects know you deliver high quality service
      • Whatever-It Takes Direct Outreach – just what it says, whatever it akes to engage attention but it still needs to present you in a flattering light
    3. The Book Yourself Solid Referral Strategy – Referral clients are often more consistent,  loyal and better for your business that any other client source.  Referral opportunities surround you but you may not notice or be aware of them.  To begin your referral process Michael provides 8 steps:
      • Step 1: Identify Your Clients’ Benefits – the reasons why your clients (consumers or business members work with you)
      • Step 2: Identify Why Others Would Refer Clients to You
      • Step 3: Identify the Types of Referrals You Seek
      • Step 4: Identify the Places Where Your References Meet Ideal Referrals – this will allow you to help your client understand who they know and where they will run into those who will benefit most from what you have to offer
      • Step 5: Clarify and Communicate How Your Referrers Make a Referral – you want to make sure that when they refer you they do it in a manner that sets you apart and connects you to the referral
      • Step 6: Ask for Referrals
      • Step 7: Facilitate the Referral Connection – offer to meet or advise anyone that is important to your clients
      • Step 8: Follow up with Referrals and Referrers – introduce referrals to what you have to offer in a helpful way and thank your referrers for the connection.

    I will be concluding this synopsis with the final 3 chapters in my next article.  Obviously I can’t cover all of the great exercises that Michael Port has in his book so I will recommend you check it out.  Previously I suggested going to the bookstore but if funds are tight, read it in the bookstore and take good notes or check it out of your local library.

    Review & Synopsis: Book Yourself Solid – Part 2

    Apr 23
    2009

    The more I read of this book the more I see the parallels between what I have been doing myself and what I have been suggesting that you need to do.  I left off at Chapter 5: Who Knows What You Know and Do They Like You?… so onward and upward.

    1. The Book Yourself Solid Sales Cycle Process – Michael Port offers a sales cycle with six (6)  keys that help you determine what you should be offering your prospect
      • Key #1: Who Is Your Target Client or Customer? Identifying your target will allow you to focus on the emotional connection crucial in the initial development of a relationship with your prospect.
      • Key #2: What Are They Looking For? If you don’t know what they are looking for you won’t know what to offer them.
      • Key #3: When Do They Look For You? What needs to be happening to them personally or at work for them to want what you have?
      • Key #4: Where Do They Look For You? Do you know where your market searches to find what you offer?
      • Key #5: Why You? Why would they choose you?  What is unique about your offer?
      • Key #6: How Do You Want Them To Engage With You? Do you want them to call or sign up for a newsletter.  Most prospects need to get to know and trust you over time and communication is the first step.

      Michael suggests giving your prospects a risk free sample of your services so that they have an idea what you know and what its like having you provide products and services to them. The sales cycle itself has five stages:

      • Stage 1: Simple and measurable.  Most effective when used with a keep-in-touch plan. Your list is made up of people who have given you permission to contact them on and ongoing basis.
      • Stage 2: Demonstrate knowledge, solutions, and sincere desire to provide value to your target market at no cost. Prospects should find it risk-free.
      • Stage 3: Help prospects make the most of the information provided in stage 2 and make a sale by offering them a product that you believe they are ready for.
      • Stage 4: Go the extra mile with your prospects. If they bought some information from you offer them an invitation to a workshop or webinar on the same topic.  This allows you to offer the next level of your service.
      • Stage 5: Not everyone will complete the cycle at the same pace or at all. You are building trust over time.
    2. The Power of Information Products – Nothing builds your credibility faster than products and services designed to server your target market’s needs and desires. Information products in the form of e-books, CDs, etc. allow you to express yourself and provide you with:
      • opportunities for multiple streams of passive income
      • enhanced credibility by establishing you as an expert
      • more consumers because they speed up the sales cycle
      • time leveraging giving you the opportunity to make additional income

      Keep in mind that the market size for people who will buy your informational product is much larger than those that are willing and able to buy your product or service. Your informational product should be something you are enthusiastic about. But no matter what the product is always keep in mind your target audience as it should meet their needs otherwise its futile.  Michael goes on to outline a few steps to developing your informational product:

      • Choose the role you will play – the expert or the researcher
      • Choose your product framework – modular or reference type
      • Choose a title that sells
      • Build your table of contents for ease of presentation and organization
      • Create your content
    3. Super Simple Selling – If you’re uncomfortable with the sales process its likely you view it as unethical, manipulative, and/or dishonest. To change your perspective you have to let go of the notion you aren’t worthy of the money you are earning.  Successful people get paid for what they do.   The super simple selling system that Michael suggest requires a paradigm shift.  Stop thinking of selling as manipulating and simply presenting a canned presentation when the opposite is true.  To sell you need to become more polite, more considerate and more understanding.  You need to listen more to and consider the needs of your prospects, clients, and consumers putting their needs before your own and grasping the deeper meaning of what they are sharing with you.  Selling becomes an opportunity to provide them with the services that would take them to the next level.

    Well thats all I had time to read today.  If you’re reading this synopsis and its resonating even slightly within you then you need to go to the bookstore and pick up Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling by Michael Port.

    Review & Synopsis: Book Yourself Solid – Part 1

    Apr 22
    2009

    I decided to catch up on some books I’ve been putting off reading because there always seemed to be something else that would be more productive.  The first one that caught my eye was Book Yourself Solid: The Fastest, Easiest, and Most Reliable System for Getting More Clients Than You Can Handle Even if You Hate Marketing and Selling by Michael Port.  This book fits well into what I have been writing about recently.

    Michael, the creator of “Think Big Revolution” shares a turnkey system of getting new clients based on the Law of Reciprocity.  He has some invaluable tips and techniques as well as exercises that will help identify areas for growth.  He covers why people buy from you, how to develop your brand, and how to best market your product and services, all of which are easily translated to your MLM business.

    I’ll try to summarize what Michael says; however, you really need to pick up the book and read it thoroughly if you’re serious about success.

    1. The Red Velvet Rope Policy – Michael writes that you should select only those clients that energize and inspire you and enable you to grow and give your best.  Remember, you are the company you keep.
    2. Why People Buy What You’re Selling – You need to know why people buy what you’re selling and you can accomplish this in four (4) steps
      • Step 1: Identify Your Target Market -figure out the group that you’re most passionate about serving because it will determine where to find potential clients
      • Step 2: Identify the Urgent Needs and Compelling Desires of Your Target Market – this is what prompts your market to go in search of your services
      • Step 3: Offer Investable Opportunities -your services and products should offer your clients a resasonable return on their investment
      • Step 4: Uncover and Demonstrate the Benefits of Your Investable – identifying benefits allows you to speak and be in tune with your target market on a deeper level
    3. Develop a Personal Brand – Personal branding is how you want to be known in your market and should be not only compelling but unforgettable.  Your brand consists of two things:
      • Your “who and do what” statement lets others know exactly whom you help and what you can help them do.
      • Your “why you do it” statement differentiates you from the others who share the same business as you.  It says something about you and what drives you.
    4. How to Talk About What You Do – While your “who ad do what” statement serves as a jump off point for conversation, the next step is to ensure that you captivate and actively engage the prospect in a conversation that elicits questions about what you do.  When specifying what you do and what you provide it should lead to a discussion that allows you to share your expertise.  Michael helps you build a template for long, mid-length, and short dialogue.  Practicing these dialogues will help you become comfortable in expressing yourself and what you do in any scenario.  The next step is to speak well and with enthusiasm because if you’re uninterested in what you do, why should any one else be.
    5. Who Knows What You Know and Do They Like You? – It’s now time to establish yourself as a category authority, a well-known, well-liked, expert in your field. First there are the credibility builders and then there are standards of service.  While these don’t set you apart, savvy consumers will expect them.  But to truly become a category authority you need to learn everything you can about the one thing you’ve decided you want to become known for.  To start you need to identify what you’d like to be known for within your target market.  Michael provides you with several exercises to help you in the mental shift of starting to view yourself as a category authority. Lastly you need to be likeable because even if you are the worlds foremost authority, if no one likes you it will yield you little.

    That’s it for now, I still need to read the rest of the book in order to summarize what Michael Port has to write and there are 14 chapters so there will probably be 2 more parts to this.

    Is it Duplicatable?

    Apr 21
    2009

    While most of what I’ve talked about branding, creating an offer, generating targetted traffic from your chosen audience and having a back-end offer but I would suggest to you that if its not duplicatable you aren’t really going to build a successful MLM business.

    If you only targeted one specific audience to generate prospects for you can take your duplicatable system and approach other segments of your audience or other audiences altogether.  Also as an MLM leader you know you need to use the power of duplication to maximize your results and the results of others in your organization.

    I have been asked how you would ensure that what you have is duplicatable and I would make the following suggestions:

    • document everything
    • at each step ask yourself “Is this duplicatable?” and if not, change it!
    • after you have defined your process, use it again and truly see if it is duplicatable

    Duplication is necessary for the longevity of your business.  Markets change for any number of reasons (economy, laws, product availability, etc.) and as a result your audience will too.  This means you need to plan ahead and by having a duplicatable system you will be able to change your targeted audience and survive market changes that are outside of your control.

    When time permits I will go into more details on defining your market clearly, crafting your offer, generating traffic, figuring out your back-end and duplication.  For now if you haven’t already done so create your MLM Vision and Mission statements and get started watching the free Attraction Marketing Bootcamp videos I’ve made available for you as they will assist you in all of the steps I have mentioned.

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