Do You Know Your Network Marketing Numbers Or Are You Pis*ing In The Wind?



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Know Your Network Marketing NumbersWe all agree that Network Marketing is a Numbers game right? Cool, read on.

In a conversation recently I was explaining the importance of having and setting goals in order to acquire your dreams.

As you do when explaining things you tend to use examples to get the best picture across the the listeners.

I used myself as an example.

I said for me to acquire X in X time I would need X amount of personal customers. To build a strong productive business I will need X amount of active distributors bringing in X amount of customers and X amount of distributors per month, this would bring me an extra X amount a month.

They were shocked that I knew my network marketing numbers so well.

I was shocked that they had know idea about theirs.

How do you know how much work needs to be done if you don’t know your numbers, surely your just pis*ing in the wind?

They said they just work and deals with what comes in.
Is it just me or is this a little short-sighted?

What if you were doing a full days work and not getting a lead? Then you did this for a whole week and only got one lead. Would this be the rate you set your business work pace at? How long would working like this take you to reach your goal? Would you die first?

I am not a numbers person. I sometimes wish I was more analytical but I’m not. I do however know that in order to reach my goals I have to know exactly what I need to do / achieve in the time span I have set.

Knowing this involves numbers.

“If you do something often enough a ratio tends to appear. Chat to ten get one, chat to ten get one.” Jim Rohn

You have to know how many people you need to chat to to get one. If you don’t know that, well maybe you shouldn’t be in business.

I explained that once you know your numbers you can set your timescales more effectively.

Taking the 10:1 ratio. If you needed 10 customers or distributors you know that you will have to chat to at least 100 people to make this possible.

All you have to do now is figure out how quickly you can chat to 100 people.

If you don’t know your network marketing numbers GET TO KNOW THEM now.

You will find that once you start seeing your own ratios appear they will increase in your favor (assuming you stay active in your business).

“Now when you chat to ten you get two or three…..Why would you be getting two or three now? Because your getting better, and who can get better? ANYBODY” Jim Rohn (again, sorry, couldn’t resist)

Your numbers guide you to what you need to pay more or less attention to in your business. Knowing them well can act as early indicators into your success or your failure.

Do you know your numbers?

- Applauding your success
Dwayne Huggins

>>P.S. Know your numbers does not have to be a complex. Feel free to contact me if you find the whole numbers thing daunting.

I supply a ship load of Network Marketing Value over at my blog DwayneHuggins.com. Come and meet me over there and don't forget to connect with me on here also Dwayne Huggins A Better Networker

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About the Author: Dwayne Huggins

Member Since: 11/25/2009

Company: Increase My MLM Leads

Industry: MLM

Primary Web Site: http://www.DwayneHuggins.com

Comments



Thanks Dwayne...

I have a mental image of pissing in the wind now! (LOL)

But seriously, people who don't play the numbers game don't win.

Derek Alvarez — Mon, 04/26/2010 - 4:29pm

Ha Gotta know those numbers.

Ha

Gotta know those numbers. The importance of this should be taught more

Dwayne Huggins — Mon, 04/26/2010 - 4:41pm