YOUR UPLINE / UPLINES HAVE OTHER SOURCES OF INCOME WORK ON GETTING YOURS TOO .
Initially I thought that my upline/Uplins depended on only my network marketing company financially, but didn't know that it was far from my thoughts.
In my first network marketing company my upline's upline was always relaxed, calm and collected when closing a prospect.
There was no form of emotional attachment and that usually presents him as a very confident person to his prospects.
It usually makes his prospects see him as a financial adviser and he always recruit more people into his team.
Although, he had different other businesses, he gave everyone of us the concept that our company was his only source of income..
Understand: your upline may be like this, he may have other sources of income you have to start working on yours too.
Business is a strategic act. There are rules governing it, once you understand its rules and follow them you are likely to win the game.
During my early days in this industry, I was always emotionally attached to the outcome.
When closing a prospect, I'll be thinking of so many things ranging from my referral commission, repurchase commission I'll get once that prospect signs up.
I'll equally think of being lucky if that prospect happens to be a great Networker.
Looking back, I've come to realized why I was so emotionally attached to the outcome.
A) I didn't know how the network marketing industry works.
B) I was depending solely on my network marketing business because It was my only source of income.
Networkers mostly new ones become extremely attach to the reward that they will get when they recruit new people.
while this may serve as their major source of motivation, it's a wrong emotional state to build your network marketing business.
Here's what usually happens when you are emotionally attached to the outcome ; Your prospects automatically sense your attachment, it makes them feel as if they are doing you good by joining the business.
This puts you in a needy spot making you less attractive to them.
In situations like this, your prospects will always run from you because everyone is interested in themselves.
If your prospect thinks that he is doing you a favour, he automatically believes that he will be doing his/herself a disfavour. Remember every prospect is always looking to know how your business will benefit him/her.
There are different things that can help you to be emotionally detached from the outcome these may include; understanding network marketing industry better, getting used to how prospects respond to Opportunities, having multiple sources of income and being able to handle different objections.
Do you have a calm yet Productive upline, is your upline always emotionally detached from his business outcome??
In this training I want to make you understand that one reason why your your Upline is very cool and calm while building his or her business is because they have other sources of income.
Your upline may be a passive aggressive individual who may not want you to be involved in any other business apart from your network marketing company.
He/she may openly tell you and your team members to only focus on building your business.
While some of these uplines may only be doing just one business which is your company majority of them are not just doing that business.
You must understand that many successful networkers have other sources of income. Irrespective of what they are telling you don't let what your upline or leader told you influence your sense of reasoning.
If you decide to focus just on your network marketing company, let it be your personal decision not what an upline suggested to you.
One way not to be emotionally attached to the outcome in your network marketing business is to have another source of income mostly when you are new.
Don't place all your financial problems on your network marketing business. Give it time to grow before expecting anything from it.
If you are looking for your next house rent, or an immediate money to solve a pressing need I suggest you get a job and build your network marketing business part-time.
This will not only make you attract more prospects, but it will also release you from emotional stress by making you to always be relaxed, calmed and strategic while building your business.
IMPORTANCE OF HAVING ANOTHER SOURCE OF INCOME WHILE BUILDING YOUR NETWORKING MARKETING BUSINESS.
#1) EMOTIONAL ATTACHMENT: One of the reasons why many people are always emotionally attached to the outcome in their network marketing business is because their business is their only source of income.
In situations like this, a distributor will want to ensure that his/her business produces money else he wouldn't have anything to fall back on.
This usually result to such distributors acting emotionally, using any means possible to ensure they get what they want.
In situations where their network marketing business isn't the only source of income, they will automatically be calm and collected while building their business.
#2) YOU DON'T OWN YOUR NETWORK MARKETING BUSINESS : During my early days in this industry , I saw the industry to be extremely perfect based on the information I got from different presenters during my company's business presentation. I saw the industry and my company to be unique and perfect.
I didn't know that network marketing companies have their own bad sides. Infact, if you are not prepared for it you better remain an employee.
Just like every other businesses, network marketing companies face their challenges, which can lead to their closure.
Since you are not the owner of your network marketing company, neither do you own shares, it's good to understand that anything can happen.
They may change their compensation plan anytime which may affect you and your team, your account can be blocked if you go contrary to the company's policy, they may be out of business because of bad management e.t.c.
In real sense, you are not in control that is why it's necessary to have another source of income while building your network marketing business.
#3) ONE SOURCE OF INCOME IS NOT WISE: One source of income is like putting all your eggs in one basket. While many people will suggest that it's right to put all your eggs in one basket and watch over the basket so that no one steps on it... We are all entitled to our different opinions.
In my opinion having your network marketing business as your only source of income is risky because anything can happen and you are not always in control.
#4) BECOME FINANCIALLY FREE EARLY: If your aim is to become financially free early, then multiple sources of income is the way to adopt.
If you have multiple sources of income, you can reach your financial goals faster. If your projection to be financially free was in 10 years time, with multiple sources of income you can be financially free in 8 years or less.
#5) YOU WILL WORK LESS: This may not be true to some persons but in my opinion you work less when you have multiple sources of income. I'm able to tell you this because I've done both. I've engaged in a single source of income and I'm currently building multiple sources of income.
Looking back, I'll tell you that building a source of income requires lots of energy.
In my understanding the reason is because when you only have one source of income, you are not calm but you will build it with the mindset that you better make it work out else you won't have any hope.
Building a business or job in this manner is unhealthy because it generates lots of negative vibration within you which is likely to attract more of it's kind.
Final thoughts
Most of your uplines in your network marketing business have multiple sources of income that is why they build their business in a calm , strategic and seductive way. If you decide to have your networking business as your only source of income let it be out of your personal decision not what your uplines suggested to you. You are an independent business owner and you are an entrepreneur.
OTHER TRAININGS YOU SHOULD READ
1 BITTER TRUTH ABOUT MULTI LEVEL MARKETING BUSINESS. DON'T READ IT IF YOU ARE WEAK
2) HOW TO GENERATE NETWORK MARKETING LEADS USING MLM GATEWAY PLATFORM
3) READ THIS IF YOUR AIM IS TO BUILD YOUR MULTILEVEL MARKETING BUSINESS ONLINE
4) DO THIS IF YOU REALLY WANT TO BE SUCCESSFUL IN YOUR NETWORK MARKETING BUSINESS
5) HOW TO KEEP YOUR MULT-ILEVEL MARKETING BLOG ALIVE AND ACTIVE .
TRAINING 2
DON'T HAVE JUST ONE LEAD TANK BECAUSE ANYTHING CAN HAPPEN
First of all I want to explain what I mean by lead tank to you.
A lead tank is where you keep your leads until they decide to buy or join your network marketing business.
a Lead is a business term that refers to a person who is interested in your offer or business.
A lead tank is where you keep these persons until they decide to take advantage of your products or business opportunities.
The process of selling or recruiting a prospect online is to show up in front of that prospect, invite the person to take a look at what you have, then you keep on educating that prospect until he/she makes a decision to buy or join your team.
The place where they stay to be educated about your business is your lead tank.
Your lead tank may be your email list, WhatsApp group, Facebook group, facebook messenger group, Twitter handle, Instagram handle, YouTube channel e.t.c.
You can use any channel that is suitable to you and your audience.
The essence of this post is to give you some reasons why you shouldn't use one lead tank while building your network marketing business.
In my network marketing adventure, I've experienced different things and I've seen things happen to some persons.. .
Like it's always said don't just study success stories also study failure stories... learn from other people's mistakes and know what not to do.
One of my mentors Jim Rohn rightly puts it when he said " find out what poor people read and don't read it"
Alot of people have lost their fortuns because they had all their eggs in one basket.
Don't be like them ... Act smart by understanding this principle.
here are some reasons why you should not have one lead tank in your network marketing business.
here are some reasons why you should have multiple lead tanks
#1) THAT CHANNEL MAY CLOSE ANYTIME.
#2) YOUR AUDIENCE MAY SWITCH TO ANOTHER CHANNEL.
#3) CONTINUOUS VISIBILITY:
#4) GREATER REACH
#1) THAT CHANNEL MAY CLOSE ANYTIME: As a matter of fact, you have to always know that nothing in life last for ever this include good things and bad things.
We are in a constant motion of change some are immediate others slow, some are for good others for bad but the principle is that nothing is constant.
No matter how secure your current lead tank is, you don't know what might happen in the next minute. Because we are not always certain of circumstances, it's good to consider the best times aswell as the worst times. If all your leads are in one place and something happens to that channel, it might ruin your business.
#2) YOUR AUDIENCE MAY SWITCH TO ANOTHER CHANNEL: There's a universal law known as the law of cause and effect. The lead tank you are using currently for your business is effective because your prospects are comfortable there and there's a particular reason for their comfortability. It may be known or unknown to you but there's always a reason for their comfortability in that tank.
If that comfortability is no longer there, they will switch to another channel more comfortable than that channel.
Peradventure, that was your only lead tank, it will really affect your business.
#3) CONTINUOUS VISIBILITY: Having multiple lead tanks for my leads have assisted me to impress myself, messages and ideas in the subjective minds of my prospects.
This is a great way to encourage them to act accordingly in response to what you want them to do.
Let me break it down further.
When you have different lead tanks 50% of your prospects in a particular lead tank will also be in others of your lead tanks . This implies that when you are Marketing through all those channels, they will have the opportunity to see those massages multiple times in those different channels which is a great way to make them buy or join you faster.
#4) GREATER REACH: When you have more than one lead tank, you will be able to reach more people for example; if you have a Facebook group as a lead tank, you also have a telegram group, YouTube channel, email list e.t.c you will be able to reach more prospects than if you were to only have one of them. multiple lead tanks promote greater reach.
Do you have any question or contribution to these topics? If yes kindly leave a comment below I'll like to hear from you.
BONUS TRAINING.
For more network marketing Trainings, you can visit my blog ; www.earnmoneywithmac-francis.com.ng
you can equally visit my podcast for more exciting Trainings.
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MAC-FRANCIS EDEM IS AN ATTRACTION MARKETING COACH. IF YOUR LOVE THE IDEA OF MAKING PROSPECTS, BUSINESS PARTNERS, CLIENTS AND CUSTOMERS COME TO YOU FOR BUSINESS INSTEAD OF YOU GOING AFTER THEM THEN HE CAN HELP YOU ACHIEVE THAT. KINDLY JOIN HIS FREE TRAINING WHATSAPP GROUP.
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