HOW MANY OPPORTUNITIES SHOULD YOU WORK?



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HOW MANY OPPORTUNITIES DO YOU WORK?

Are you involved with more than one network marketing opportunity?

I recently saw a post on BetterNetworker that read:

"... I just recently bailed on 2 opportunities that I feel were not producing
results. I am still a member of others, but I am looking for another."

What caught my eye wasn't the fact that he just "bailed" on TWO
opportunities, it was the phrase: "I am still a member of OTHERS."

Now I didn't read the whole thread, and he looked like a sharp guy so
he may well be very successful in this industry, but it did cause me to
reflect on how many opportunities people are joining/working out
there, and why.

As a trainer, I often see people involved with so many things that they
can hardly keep them straight, let alone excel in any of them.

Their strategy seems to be to keep trying things until they find something
that's going to "work."

I feel this approach is based on a false assumption:

"That the "RIGHT" opportunity is out there (somewhere) and if one keeps
searching long enough and trying enough things, they'll eventually find it
and hit it big."

The reality is there are many good opportunities out there, and sure, some
are better than other but there are no "perfect ones."

Usually, your success in an opportunity has a lot more to do with
"you" and how you approach your business, and the team you assemble,
than the opportunity you join. (Assuming you've joined a decent one).

To maximize your success, work on "YOU."

In my own downline I've watched some people make hundreds of
dollars, some fail, and others make six figures or more.

Why? Experience, skillset, mindset, persistance, resolve...

Who you are (or are becoming) can be a big determiner of your success,
more so than what company you join.

I've observed people join companies that are "older" and slower growing
and go on to make six and seven figures. Could they have done "better"
in a different company - perhaps. But...

I've also watched people join fast moving start-ups and fail while others
go on to succeed wildly right along side them.

I think this illustrates that if you acquire the right skillset and mindset,
success will chase you regardless of where you go. I share the tactics
(and mindset) that changed things for me in Surefire Sponsoring

So... how many opportunities should you be working?

The argument for working ONE is compelling: FOCUS

FOCUS on ONE thing, and do it extremely well, and create undiluted
success that catapults you into the stratosphere.

If you've joined an opportunity that's good, and it's not working for
you - the temptation is to go find one that will. (It's always easier to
change our opportunity, than change ourselves).

But more often than not, it's "US" who needs to change. I know
it was for me when I first started out.

A good argument also exists for working more than one: DIVERSIFICATION
There are people who join multiple opportunities and build some
very profitable income streams.

What's right MAY depend on your reason.  Are you chasing after that
elusive "something" that's going to work and be your "magic bullet?"
If so, STOP.  That's not the best reason to work multiple opportunities.

If you're building a traditional opportunity it's smarter to work
ONE. The FOCUS you model to your team will encourage
THEM to focus which ultimately can build huge organiziations.

If you're working 3-5 things, what's that saying to your downline?
Odds are, they'll do the same and it may not be the same 3-5 things
you're working... thus everyone's efforts are dilluted.

On the other hand, if you're opportunity is more of a short-term
venture OR, is more of an online build that's closer to an affiliate
model, then diversification is a smart play and you'll want to
assemble a portfolio of income streams.

Do you agree or disagree?  If you're someone who has "tried"
multiple things and that's lead you to "the one" that's really
paid off, what was it that "it" had the others didn't?  If you
ever have to pick another winner some day, do you think you
can or do you think it'll be more trial and error?

What's YOUR approach and how's it working out for you?

Until next time,
Mark Wieser
.......................................................................................................................
Co-creator Black Belt Recruiting - go there now...

"I absolutely loved Black Belt Recruiting! Black Belt Recruiting along
with Magnetic Sponsoring, is a MUST for anyone just starting out
or for seasoned veterans..."
Christine Byrom

.......................................................................................................................
"I've Cracked MLM's 'Da Vinci Code'...
And That Could Mean MONSTER GAINS in Your Downline
www.SurefireSponsoring.com - check it out...

MLM Lifestyle

 

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About the Author: Mark Wieser

Member Since: 09/05/2007

Industry: No Industry Selected

Primary Web Site: http://mlmsponsoringtips.com

Comments



Should Know

People should know that it is obviously not healthy to do any type of multitasking. You are acting like you did not do any work. Multitasking gets you to wander off and be bored. Whoever does not stop being in many opportunites will get confused and eventually will get sick.

                                                                                                                Lawrence Bergfeld

 

Lawrence Bergfeld — Tue, 03/03/2009 - 11:20pm

That's so true Mark! I've

That's so true Mark! I've been involved with my opportunity since October, and found Magnetic Sponsoring at the beginning of February! So, keep at your opportunity and change you YOU YOU! I love where this will now take me ... I can see the horizon! Thanks Mark!

Claire Mosley — Wed, 03/04/2009 - 12:27pm

DIFFERENT OPINIONS

I have read both sides of this debate....to have several websites and promote a lot of affilite things or

to focus on one thing.

But I agree - that the main point to focus on is changing myself and my way of thinking and working.

Mentoring for free taught me to focus and pursue one thing right thru until payoff.  That is certainly more satisfying than being all over the place.  I love to share what I am learning.  Its great growing along with others.

Rachel Cormier

Mission BC Canada

rc rc — Wed, 03/04/2009 - 3:13pm

Dilution Is The Secret To Failure

Mark,

I think the "journey" has nothing to do with the opportunity.  The path of least resistence is not always the road to growth.  Dilution will more often lead to failure, I couldn't agree more on so many levels.  I appreciated your BBM and I gave you a shout out in a testimonial that I sent to your BBR partner (and he blasted it everywhere today!).  Thanks for your leadership.

To Your Health and Success,

David Kelsey

 

David Kelsey — Thu, 03/05/2009 - 1:33am

Good point

My approach has been to work one. I don't think i could take on another.

And i totally agree that people go from one to the other trying to find the right opportunity, when really its themselves that need to change!

greg Kinear — Thu, 03/05/2009 - 6:46am

Often More than 1 create a failure

In the beginning of my Networking career I joined 3 compnies. Neither one was a success for me, but I did learn different things about what I did and didn't like. What is frightenning about the whole thing is that my sponsors were really good at selling! I was sold on their success and enthusiasm but I never really saw my own!!!! Eventually, I left all of them and joined one that I researched and joined because I saw the value, a good team and support, and most of all my own success.  Find one that is worth your time and efoort, than find a system that works for you. Focus on making it work, even if it takes months. Because ultimatelly, you are the one that will have to make it work no matter which opportunity you are in!

Lidia Abadia — Thu, 03/05/2009 - 10:36pm

Opportunities

I think that additional opportunities are essential but you must have one key "Product" which you have settled on and those opportunities should  enhance or be a marketing tool to your key "product"

In searching for a product I was looking for one that was value priced but had high profit so that a recoupment of my investment required few sales in lieu of large volume of sales to recoup.

In judging other opportunities I was actually looking for tools to use that market my opportunty but yet are also and opportunity within themselves. I chose these carfully so that my budget was not busted. Both of mine also complement each other.

I am currently in the process up a domain that encompass all three opportunities.

www.tryecoquest.com/johnjds

www.phonebroadcastclub.com/?=johnjds

www.sendoutcards.com/jds

 

 

John Stephens — Fri, 03/06/2009 - 11:46am

Great topic, Mark

Mark,

For anyone that's married or in a serious relationship, I'm sure they'd agree that you should only manage ONE partner at a time! (smile)

I believe the same philosophy holds true in network marketing. 

Unless you've joined the circus and have perfected your juggling act, focus on building ONE network marketing business.  Otherwise, your time, energy, and efforts will be "scattered" and your results are not apt to be so great.

Great topic!

MELANIE

Bye-Bye Belly Fat

Melanie Kissell — Fri, 03/06/2009 - 6:01pm

You Hit It On The Head

Hey Mark,

I particularly like the part where you said:

"I think this illustrates that if you acquire the right skillset and mindset,
success will chase you regardless of where you go."

This is 100% true. Success is chasing after all of us in this industry. It's been begging for REAL leadership for a very long time. WE ARE the unique opportunity. Each and every person that works diligently on their skillset and mindset is very aware of this. I knew it but it didn't hit me upside the head until you typed those words.

Thanks a lot,

Allen

Allen Gregory — Fri, 03/06/2009 - 7:07pm

I Too Failed...

... when I thought I was smart enough to run a few opportunities all at the same time. None of them went on and made me more than a couple hundred dollars. Now that I learned about You Inc., I can focus on the most important thing.

I heard about  one of the top producers in my company who said that while he had produced 20+ other top producers, he taught them how to market themselves while still teaching the traditional methods at the national convention. Unbelievable!

Anyway, great input, Mark!

Steven Winata — Sat, 03/07/2009 - 2:08pm

True for Every Business on the Planet

Any business that tries to be and do too many things will struggle.  The most successful corporations on the planet first defined their niche & poured all their effort into being the best in the world at that one thing before diversifying. 

I like this picture:  If you put enough quarters into one paper bag, sooner or later the bag will break and pour money on your shoes.  But if you spend your time putting quarters into three bags, not only will it take 3 Times as long to wait for any bag to break, but you might burn out or abandon those bags for other ones...starting again at zero.

I'm of the find your niche and stick to it school...

Alicia Andersen — Sun, 03/08/2009 - 2:31am

So what do i do?

So what do I do? I am new to networking, well, I am not new to the “work at home” business just networking. You know…thinking as a leader and actually getting involved in my business hands on. The truth is, their are so many people with my same kind of business and I found that their is someone that always has one business better than the one I am currently in. Do I just abandon the rest, even though I just paid a harm and a leg, and go with the one I find most interesting or stick with everything. Come to think of it, having all these businesses is making me nauseated. However, I am financially invested in all three of the businesses but only one of them is the most attractive. I guess I feel more guilty if anything because if I let them go I feel like I have just wasted all that money.

What do I do now?

 

Rebeccah Monyei — Mon, 03/09/2009 - 10:57am

I Couldn't Agree More

I couldn't agree with you more on the multiple biz ops. When I first started out I found myself joining every free site and opportunity I came across. I didn't have a lot of money to spend so I thought joining free sites and traffic exchanges was a good thing. Unfortunatley, I was spending more time joining than I was on actually working any of these. I have an entire notebook filled with all my differnet sites I had joined and in the end I had no idea why I joined half (or most) of them in the first place. I agree totally that it is to find a good site that you can be proud of that has good support and successful leaders and stick with it all the while promoting yourself and let folks know who you are that is really important. Everything else just seems to fall in place after that.

To Our Success

 

april clark — Mon, 03/09/2009 - 2:34pm

LifePath Unlimited

Has anyone ever heard/ tried lifepathunlimited. I have recently joined initially as an Associate. I plan to study all the material and become a Rep in the next two months. Does anyone know anything about them . I have joined a great team here in the UK and the Marketing Plan seems to have long term residual income. I feel it's the one for me and the training is great. DOes anyone know about them.

Petronella Mahachi — Wed, 03/11/2009 - 10:13pm

It's The Marketing

Mark, I agree with you 100%. I am new to Magnetic Sponsoring, but, if I understand correctly, it is truly the marketing. And, we here at BN I'm sure all get the importance of the need to understand and implement the marketing tactics. I've taken my 20 years of corporate and advertising agency background over to our online industry. So, I get marketing and personally really feel it's not the products. Floating from one opportunity to another in pursuit of $ - will not achieve the results if the results one's striving for is $. (I feel) until an individual studies and implements the marketing - no product/company will give that indivual what they want - until they understand the basics. And, in my believe the basics go back to - Marketing.

 

Penelope Cox

www.twitter.com/penelopecox

www.facebook.com/people/penelope-cox/1184520643

 

Penelope Cox — Tue, 03/17/2009 - 10:59am

How Many Opportunities Should You Work

Now that was a great posting. I related to many of your points. I agree that it is good to work only one opportunity at a time because it tells the downline that their present system doesn't work so you have to find a new one. In this case, actions speak louder than words.

On the other hand, I do an electric business because I save $300 a month, and I still do my particular MLM because it's working for me.

The points you made were relevant and necessary for us to make a decision about opportunities we choose. 

Thanks

 

Judith Sherman — Thu, 03/19/2009 - 8:31pm

So how many MLM opportunities can you work???

Whilst I agree with dedicating yourself to working only one opportunity, maybe you don't want to put all your eggs in one basket. I think it is possible to work more than one opportunity (like say two or three max) as long as they are not in the same industry and can perhaps be developed by different means. So if your primary MLM business is in the Health and Wellness industry and most of the time you are talking to people face to face, I wouldn't look at another opportunity in this industry or where I had to deal with people face to face. I would consider something in a completely different industry, like Insurance, Leisure or Media and where you could develop this business mostly on the internet & via e-mail.This will enable you to productive utilise those hours when you are not able to meet with people face to face for whatever reason. Your main focus must however, always stay with your primary MLM business.     

Tony Hibberd — Sun, 03/22/2009 - 7:29am

Opportunities and Marketing !

I think that marketing is the Key here, with knowledge and implementation of  marketing strategies could make for success, however, it is important to recognise that the time available to focus on your business will decide the degree of success achieved.

Dee Roche

 

Dee Roche — Fri, 04/10/2009 - 6:58pm

and the winner is

Only one horse wins the race!

Tim Kilgore — Wed, 04/15/2009 - 7:16am

I agree this is a good article

I have been in the industry for over 25 years, and agree you only should work one opportunity.

A train only goes in one direction.

If your team see you joining different opportunities
what message are you sending to them.

Key FOCUS

Do you want them building a lot of different programs.

Success is a journey enjoy the journey .

Learn to be a better marketer and a great leader.

I want to work with a leader that I know will always be there for me and our team. I don't want to join a person that is all over the place. I also want to be a leader my team can count on, and know where I stand.

Sandra Hudson
sandrahudsonsblog.com

Sandra Hudson — Mon, 06/01/2009 - 4:18pm

So how many Network Marketing biz should you join?

I think the answer depends on many factors which could mean just focusing on ONE or working MANY. There's no hard and fast rule that focussing on ONE is the better route. Your skillset, values, personality, mindset, business style, network and marketing budget....are things to consider. Some opportunities actually complement each other eg my pry opportunity is in Wellness and Beauty and I recently joined a home based greeting card business that allows me to reach my existing customers and downline and build stronger relationships. I've built a successful network on face to face meetings and via telephone. It took me several years to build but my client base and downline has zero attrition because we really are a team.
I am now transitioning to building an organisation via the internet but this is with a different opportunity that requires either recruiting downlines or buying rights to customers. My style in network marketing has always been to focus on selling the products and servicves and not just on recruiting 'downlines' because someone that sees the value of a product will likely keep buying as long as you keep making the products. And it is easy to transit them to become involved in the business. Most people (read 95%...lol) of 'downlines' join an opportunity just to make money and if that doesn't happen, they leave. So Iguess for me, working 3 opportunities is doable as long as they complement and not cancel out each other. Network marketing is relationship marketing & management and so yes,as a mother/wife/inlaw/friend.... we can multitask because there's enough love to go round but the foundation has to be right and that foundation is YOU.

Whole Woman Network — Mon, 06/01/2009 - 7:31pm

How Many Opportunities Should You Work?

I agree with Mark that concentrating on making ONE network markting business successful will allow you to devote all your energies into that business. However, many people work their network marketing businesses part-time from home whilst they go out to work a JOB as well, so we are clearly able to multi-task to a point.

So, once you've reached a certain level of success within your network marketing business with a list of happy consumers and (hopefully) productive downline of distributors, perhaps taking on a further product might not be too much of a risk. Not sure I would like to try it myself, but I can see the appeal.

Gloria

Gloria Booth — Tue, 06/02/2009 - 2:23am

A Suite Of Resources

I agree with the concept that you should only work one opportunity at the time but it does depend on that definition of 'opportunity'. There could be a synergy in terms of marketing systems or product, for example a single sales funnel, multiple tools or resources with more than one major product.

Is that multi-tasking? Perhaps not. Perhaps a more complete offering for the network marketer seeking to develop themselves in the industry.

Certainly the guys from MLM Lead System Pro have managed to hone in on this concept. Great platform guys. Thanks!

Cheers,
Jess

http://www.MyOnlineMarketingAdvantage.com

Jesse Rawstorne — Tue, 06/02/2009 - 5:38am

Amen Mark

Like many, I have been involved in several MLM's, affiliate marketing programs, etc. It all boils down to the Key to Success being "You". "You" are ultimately responsible for your success. Every opportunity has tools to use, but if you don't hone your skill with the tools given, then they are just useless tools hanging on the shop wall. An artist works on creativity, a doctor works on knowing the human body and a network marketer works on "Self". If "you" don't like where "you're" at, change it. It's a pretty simple concept. Thanks Mark for working on "yourself" so we can use your information as our tools :)

Rhonda Miller — Thu, 06/04/2009 - 12:03pm

Two Good Reasons to Switch Companies

I was in a very good MLM, but I did switch to another company. Not because it wasn't working, it was, or I should say, I was. I switched for two other reasons. One, I had been struggling from the beginning with the idea of selling telecommunication services, because my background was in both Psychology and in Music, two drastically different fields. As I developed myself into an Internet coach for network marketers, I learned about all the other companies and products that I was unaware of. I stumbled upon a Personal Development product MLM, and it suited my personality much better. Two, my upline became downright hostile when I began building my biz online. They were great leaders, I learned a lot from them about that, but they were fanatics when it came to duplicating the old-fashioned approaches to network marketing. I was literally worried that they would have my position deactivated, even though I was producing and making them money. I felt like I was in some Hitler's youth military camp when it came to protocol at meetings and yes sir Mr. RVP, harsh reprimands for using the bathroom during a meeting, or for bringing a cold market guest who left in the middle. It was becoming ugly, and I was one of their top producers. I brought 3-10 people to a meeting 3 times a week for six months, signed up dozens of reps, and was often the only one out of a hundred reps at the meeting who had any guests at all. The problem? I was using the Internet instead of warm market, Sacrilege! Now I don't go to meetings at all, I'm completely Internet based and it is great. Aside from reasons like these, I think it is best to focus on one company and not jump around.

Kevin Thomas — Tue, 06/16/2009 - 9:28pm


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