Developing A Business Mentality is Key to MLM Success

So you found the MLM business you want to get into, great products you can believe in, a lucrative compensation plan, impressive training and marketing tools. You have a real connection with the person who will be sponsoring and mentoring you. The company is just beginning to hit the explosive growth surge that will make it's distributors a fortune over the next several years. All the ingredients for success seem to be in place. It truly is a "right place, right time" opportunity. But none of this matters if you don't have the right mindset, if you don't enter into it with a business mentality. Without that key ingredient, you are destined for failure.

Too many people get into MLM thinking it will be all sunshine and roses. They're told that the product and business opportunity will "sell themselves." All they have to do is show it to people and they will be beating down the door, to get in. The truth is, good products will sell themselves but not everyone is going to buy. And when it comes to sponsoring new members, things can become even tougher. If you don't have a business mentality, prepared to deal with hearing the word "no" more often than you will hear the word "yes," you will quickly become discouraged and quit. Rejection is part of the game so you need to be prepared for it.

Another problem is what I call the "Hobby Mentality." Hobbies cost money, businesses make money. But all to often, people get into an MLM and don't take it seriously. If it takes off right away and makes money, great. If not, it's on to something else. MLM success takes work. It requires training, planning and preparation, goal setting and taking deliberate action. It requires time spent talking to people, getting your product and opportunity out there so others can see them. Success not going to just happen, it's the by-product of hard work and determination. You have to DO something if you want something to happen, even with today's online automated tools and systems. They won't work FOR you unless you work WITH them. And success takes time to achieve. It won't happen overnight.

In summary, if you desire MLM success, long term residual income, financial freedom and security, find a good MLM with a profitable compensation plan and products you can believe in. Then if you don't have one already, you must develop a business mentality. Educate yourself, set measurable goals, expect and be prepared to handle the ups and downs associated with any business endeavor and grow a thick skin so you can handle the word "No." Be prepared for the long haul. Business is a marathon, not a sprint. Do this and you will achieve MLM success.

Your Home Business Success Is Up To You

I've spent time over the past few weeks reading and paying attention to all the media hype over the current recession, both here in the US and worldwide. The news is depressing. This is the worst recession since the stock market crash of 1929. Making matters worse is the fact that in 1929 our currency was still backed by a gold standard. Today, it's all pretend money. With hedge funds, stock options, annuities, retirement accounts, bank notes, one country in debt to another who in turn is in debt to another and another, and so on, there is no such thing as real money anymore. In the words of that famous hamburger joint commercial in the 1980's, "Where's the money?" Answer, there is none. It's all pretend. This is profoundly terrible news, for sure. So what you might ask, does this have to do with your home business success? Everything.

Listen to all this depressing news for long and it's easy to feel like just giving up! Many network marketers are doing just that. Their dream of home business success and financial freedom has turned into a nightmare. Hope turns into despair under the onslaught of one "woe is me" news report after another. The nightly news has become the nightly "Death Knell." But I am here to tell you it doesn't have to be this way! Success is a choice. It has no more to do with what the news media has to say about the world financial climate than it does with what the weather channel says about the weather. The only person that can determine your home business success or failure is, you got it, you. Let's look a bit of history and see how this is so.

I wonder how many people told Wilbur and Orville Wright that their contraption would never get off the ground. Or how many people believed Thomas Edison was crazy, thinking it possible to light up a room without lighting a fire? Then there was Alexander Graham Bell. Hold a conversation with someone miles away using electricity and a bunch of wires? Yeah, Right! Were any of these men deterred by what other people had to say about what they could and could not do? No, they continued to press on, to pursue their dream, no matter what. And they succeeded. The truth is, no one but you determines your fate. Your home business success is within reach, so reach out and grab it! Don't listen to all the gloom and doom. Don't listen to the "Nay Sayers," there are plenty of them out there.

Instead, listen to your heart. Believe in yourself. Press on. Never give up on the dream. So what, if it takes you two years, three years, five, more, to realize true financial freedom, is it not worth it? Only you can answer that question. For me the answer is a resounding YES! How about you?

To Achieve Your Dreams Remember Your ABC's

The following is written on a plaque hung in one of the bathrooms in our house. I cannot tell you how many times I have stood there and read these words. A couple of days ago I was, well, standing there and reading the plaque yet another time. But this time the words burned through me, all the way to my heart and this time they spoke to me, really spoke to me. These words are powerful. They truly are a recipe for achieving one's dreams. They are a recipe for success in life, in any endeavor one choses to undertake. I submit them now to you, my readers and ask you to consider their consequences. Take them to heart as I finally did, if you want to achieve your dreams.

Remember your ABC's.

Avoid negative sources, people, places, things and habits.
Believe in yourself.
Consider things from every angle.
Don't give up and don't give in.
Enjoy life today, yesterday is gone and tomorrow may never come.
Family & friends are hidden treasures, seek them, enjoy their riches.
Give more than you planned to.
Hang on to your dreams.
Ignore those who try to discourage you.
Just do it.
Keep trying no matter how hard it seems, it will get easier.
Love yourself first and most.
Make it happen.
Never lie, cheat or steal, always strike a fair deal.
Open your eyes and see things as they really are.
Practice makes perfect.
Quitters never win and winners never quit.
Read, study and learn about everything important in your life.
Stop procrastinating.
Take control of your own destiny.
Understand yourself in order to better understand others.
Visualize it.
Want it more than anything.
Xcellerate your efforts.
You are unique of all God's creations, nothing can replace you.
Zero in on your target and go for it.

Are You A Twenty Percenter?

I posted the comments below as a response to someone Else's comment on Robert Kiyosaki's "Rich Dad Forum" earlier tonight. His comment had something to do with people not getting it, not understanding the power of free market enterprise and the simple truth that true wealth will never be attained by working for someone else. It inspired me to write what I did below and I figured I ought to share it with my readers, here. Perhaps it will speak to you as it did to me.

There are those people in the world who are task oriented, job oriented. Go to school, learn a trade, get a job, buy a house, cars, stuff and then work hard to pay for it all. This is what we are taught from a very young age and not just by our parents. No, society teaches us this as well. Now, there is nothing wrong with learning an honorable and honest trade and going to work. Truthfully, that is how most people are "wired," anyway. Those of us who aspire to a different way of life, a life of self determination, self employment and the creation of true wealth, are in the minority! Most people do not believe it possible but we do. It's not their fault, by the way. As I said, that's how they are "wired."

The reality is that the 80/20 rule actually does exist as some sort of spiritual and universal law. Eighty percent of the work in this world is done by twenty percent of the people. The other eighty percent only do twenty percent of the work, achieve 20 percent of the success and they earn an even a smaller percentage of the money. Those eighty percenters are blind to the possibilities of true wealth creation. They are the ones who sit and wonder why the rich are rich and complain about how unfair it is.

It's those twenty percenters that are wired in such a way as to be able to think and grow rich. They are the ones who will aspire to more and will do what it takes to realize their dream. They are the ones who will embrace the power of free market enterprise. They are the ones who become the movers and shakers in life. They are the risk takers, the entrepreneurs. They are the ones who would rather own their own home business than work for someone else. They are the ones who get it! So, my question to you is this. Do you get it? I certainly do!

Becoming An MLM Mentor

It's a given that there is a high rate of failure in the home business industry, MLM in particular. This has given rise to much discussion as to the viability of MLM, these days. It doesn't work. It's a scam. It's not a real business model. It's days are over. These are just a few of the recriminations you'll hear. While there are a number of valid reasons for the high rate of failure in MLM, it remains not only a viable industry but a legitimate and profitable business model. It's days are not over, it's not a scam and it does work.

The problem is not in the business model itself, but in it's practitioners. For the most part they are improperly recruited, poorly equipped and poorly trained, thus destined to fail. One of the most glaring deficiencies this author has observed is the lack of good mentoring. Mentoring is key to success in any profession, Law, Medicine, and yes, Business. All of these professions require extensive internships before a someone is allowed to practice independently. It just makes sense. It should be no different in MLM.

Sponsoring a person into one's MLM business without training and mentoring them is a recipe for disaster! Dani Johnson says that people who come into the industry and to not get properly trained will become frustrated and quit within three months. She should know, she's the best trainer in the MLM industry, bar none. Dani has trained many of the most successful and profitable people in MLM, today.

The solution to this problem is really quite simple. First, become a mentor yourself, then train your new prople to become mentors. In essence, train the trainers. What will result is a strong and powerful organization with a downline capable of growing and duplicating with incredible consistency and efficiency. This process will produce strong, independent and confident distributors, instead of MLM cripples. Now you have a recipe for success, not disaster.

So, how does one become an MLM mentor? The answer is obvious. Spend time in the presence of one. If the person who sponsored you is not capable of doing the job, look up the chain of command and find someone who can, then spend time with them, even if you have to go all the way to the top! These people are successful for a reason. Learn what they know and do what they do, until it becomes second nature and you will become successful. Then, when you sponsor new people into your business they won't have to look any further than to you, to find guidance.

In the event that one of your newer inexperienced distributors sponsors someone, it is imperative that you or another mentor take the new recruit under your wing. If you have done your job and developed a team of mentors and trainers, you will have no problem finding someone to work with them. As an added bonus, this provides a valuable training opportunity for your less experienced distributors. They'll learn how to mentor by observing the process in action. In short, with MLM, mentoring is the key to duplication and duplication is the key to success.