Monday, June 30, 2008

Income = Value x Time x Scalability

To boost your income in network marketing, you need to understand the Income Equation:

Income = Value x Time x Scalability

To increase your income then, it requires you to increase your value, time and scalability.

Value: Understand where is your standing at present. Are you still only bringing in appointments for your upline to present plan? Or are you presenting plan yourself already? As you increase your knowledge in the plan, platform and product, you increase your value at the same time. When you have a higher value, you will definitely increase your income range.

Time: You might be spending all the evenings in the week with your network marketing business, but quantity of time is not what we are referring to here. Quality of time is the one that matters! And Quality of time means the time you commit to valuable or productive activities. When you increase the the quality of time spent in your business, you will surely see your income rise.

Scalability: Initially you start off the business by closing sales one by one. When you derive more experience and knowledge, you will then proceed on to the stage and close sales by the dozens, hundreds or perhaps thousands. Pick up public-speaking. Train yourself starting with a small crowd and then slowly increasing your crowd. When you step foot on the stage, you will be able to sell your product to a greater group of people and your income will soar!

So how do we proceed from here?

Increase your time, value and scalability factors and prepare as your income rises exponentially!

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Tuesday, June 24, 2008

Believe with a Strong Belief

Many a times, we get showered down by passing comments from people on the things we do. In whatever you do, be it network marketing or holding a salaried job, you need to have a strong belief. A Strong Belief in the company, the system, your products and services. This will then keep you going strong when times are hard.

But how strong a belief is strong enough? Well, read the following story...

Tom and Jane are a married couple. Tom loves to read and watch anything related to vampires. He loves vampires to the extent that one day, he revealed to Jane that he was a vampire and only wanted to drink blood for dinner.

Jane then opened the windows and allow the sun rays to shine in. Tom immediately hid below the dining table and shouted for Jane to shut the windows. "I am a vampire. I will get burnt by the sun!"

Jane began to get worried with her husband. Finally, she decided to bring him to a psychologist. Tom wore a hood and sunglasses to avoid contact with the sun. The psychologist then told Tom, "Vampires do not have blood in their bodies. Now let me see whether you have it."

The psychologist then used a syringe to extract blood from Tom. To everyone's amaze, Tom yelled, "Wow! New Discovery! Vampires do indeed have blood in their bodies!"

A Strong Belief is what Tom portrayed. Even when everyone around you proves that what you are doing is wrong and cannot work out, you go on to believe. Believe with a Strong Belief.

How do you believe with a strong belief?

Well, in the network marketing context, attending more of the product training and systems training would give you a clearer picture of the whole platform. Ask questions and get them resolved. Set yourself a target and no one shall sway you from your path. With a strong belief, you can then prevent yourself from accepting failure easily...

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Saturday, June 21, 2008

Problem? What Problem?

In your pursuit in building your network, you might encounter problems in your way. The problem could be as small as missing an appointment to as big as losing your entire network. However, problems only arise if you view the issues as "problems". Do adopt the "Problem? What Problem?" mindset and it shall help you in your MLM career.

"It's the way how you see the problem, not how you tackle it"

When you place a pen right in front of you (about 5 cm from your eyes), what you can see is a really big logo of the brand of the pen. Your vision is literally blocked. Now, pull the pen away further from you. Your vision is cleared and you can see the pen. When you encounter a problem, take a step back and you will have a different perspective and gain a new vision.

"When the day is darkest, the dawn is coming"

When you are troubled, always stay positive. The highest peak of the mountain could only stay at that level. The deepest ocean would have its seabed. You can't get any higher or lower than that. No matter how large you perceive of your problems, always understand that if you reached the bottom, there's no way you could sink anymore but to rise again!

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