Friday, October 16, 2009

Does Your Home Based Business Work?

I get asked questions like, "Is this a scam?" "How do I know it's going to work?" "Is there anyone making any money?" My initial thought is that the people asking these types of questions have no business getting in this industry. The Top Earners in this industry automatically see opportunity in the industry. These individuals understand that when they join a certain company or sale a certain product, the success they have is completely up to them. The company has supplied you with a product, has done there own promotion and marketing and given you a lucrative compensation plan. Now, it's up to you to make this thing work. So, what are you going to do to ensure you have some success with this thing? I've got a couple ideas to help you get off the ground.

1) Don't Reinvent The Wheel: There are successful individuals in your company. What are they doing to have as much success as they do? Whatever you see them doing, you want to do that. Now please keep in mind you should be doing what they are doing. If the tell you to do something they are not doing, this should be a red flag. Most top earners are experts at recruiting other leaders. This is the #1 factor in the success of your business. Sure, at the end of the day it's all about volume, but if you want to start to see larger residual money, and who doesn't, you need to begin to recruit other leaders. This isn't something staggering either. You are going to want to recruit 3-5 leaders per year. When it's broken down like that it doesn't seem so bad does it? Please understand, however, you will need far more "consumers" in your organization than just 3-5 per year.

2) Repeatable System: This is when you truly begin to flourish! Remember I said find a leader and do what they do? Now, you have become that person. It is now up to you to give the same system and strategies you use to your team. In the corporate world this is unheard of. Someone may steal your glory! In this industry, it is the only way to glory. Your team has to produce..PERIOD. Remember, this is all about volume the more superstar producers on your team, the better for your business. The best way to do that is to have a system in place that works for you and that you can implement with you team.

3) Don't Wast Time: A long time ago I heard the theory of the 4 SW's: Some Will, Some Won't, So What, Someone's Waiting! At first, you live and die with every single person who says they may or may not join your organization. No other company on the planet operates this way, why on Earth are you. You are running a business! If someone says yes, fantastic, get them plugged into the system and get them started the right way and nurture them. If someone says no, so what, someone's waiting! If you get over involved with each prospect you are killing yourself mentally. You are basically telling yourself you have nobody else to talk to and if this person doesn't join your business is over. This is a Bad place to be mentally. This will also help position you as a leader. If someone says no, no sweat! This type of attitude will actually attract more people into your business. Trust me, EVERYONE has been approached about a Home Based Business Opportunity. They just haven't been approached about one by a Pro like yourself.

So the next time you hear someone say, "Does Your Home Based Business Work?" Laugh it off and just so, "No, I actually think the whole thing is a scam!" And watch as their face lights up with worry. Let them worry, and let yourself reap all the rewards this industry has to offer. And yes, Your Home Based Business Works!! Do You? I hope this helps you on your Journey. Until next time, Happy Marketing!

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