Ten Keys to Success in Network Marketing by Rod Nichols



Read More: Discipline

A high percentage of people fail to make a full-time income in network marketing, because they either don't know what to do or aren't willing to do what is necessary to achieve success. In this article, I'm going to eliminate the excuse of not knowing. Here are ten keys to achieving high success in network marketing:

1. Purpose - you must have a strong "why" for this business, otherwise the negativity from the dreamstealers (those people in your life who will try to save you from the pyramid scam). Are you interested in more time freedom? Extra money every month? Helping other people improve their lives? Financial freedom? A strong purpose will keep you focused and ensure your success in network marketing and all aspects of your life.

2. Goals - you must have written steps that will help you achieve your purpose. Set written goals for the next 5 years, 1 year, monthly, daily. Set goals for # of new contacts, # of retail customers, # of distributors, income, pin levels, etc. Make sure these goals are written. Read them daily.

3. Plan - you must have a written plan for achieving your goals. The great eastern philosopher, Yogi Berra, once said, "if you don't know where you're going, you'll probably end up some place else." In other words, if you don't have a written plan to achieve your goals, you won't!

4. Belief - you must believe in network marketing, your company, the products, the compensation plan, the leadership, the marketing programs, your upline, and yourself. The stronger your belief, the greater your commitment.

5. Commitment - you must be committed to your company for life! Not, "I'll give this a try for 6 months and see how it works." I can guarantee you will fail! You must know that this is the best company, with the best products. You must believe that this opportunity is perfect for yourself and for others. If this is not the case, find another company where it is.

6. Positive Attitude - bad things will happen. The media will cover our industry, and your company negatively at times. Prospects will tell you you're crazy for being a part of one of those pyramid schemes. Even your family will think your nuts! Keep in mind that they are ignorant of the facts. You have the facts! This is a great industry.

It will revolutionize the way products and services are distributed throughout the world. You are a part of the greatest industry in the world and the greatest company in that industry. Be positive about the company, industry, products, upline, downline, etc. It's up to you to spread positive and hope everywhere you go.

7. Lead by Example - people will do what you do, not what you say to do. They will look to you to lead by example.

If things aren't going well, ask yourself this question, "how happy would I be if all my downline worked like me?"

Are you doing what's necessary to be successful? If you aren't, you can't expect your downline to. Keep prospecting and recruiting people. Give your downline leads and placements. Use the company training system and promote it's use to your downline. If you do the right things every day, your downline will do the right things every day, and good things will result.

8. Love People - in our harried world we forget to love people. I'm not talking about romantic love, but rather caring love. Love your sponsor for introducing you to this great company. Love your upline for helping you. Love your downline for committing to you. Love the company for providing these fantastic products and incredible financial opportunity.

Love your prospects, even those who are mean and nasty. In fact love them even more, because they probably need it more.

If you love people, they will love you back. Wow! What a feeling. It turns this from a business into a big loving family full of members who are willing to do anything for you.

9. Daily Action - this is a business, not a hobby. If you invested a half million dollars in a McDonalds franchise would you work it in your spare time - when you didn't have anything else to do - when there weren't any good T.V. shows on? Of course not. You'd be working 15 hours a day to get your money back. You probably didn't invest much to get into your business, but the commitment level should be the same, because the long-term benefits are much greater in network marketing than with McDonalds.

Work your business every day. Plan time into your daily schedule to prospect, contact, follow-up, work with your downline, conduct training meetings for your downline, conduct business briefings, work online, and study. Daily activity will produce daily results, which build into monthly results, which build into yearly results.

Do you know that if you made up a list of everyone you have ever known and started to contact them, you would recruit at least 10% of them without trying very hard. If you become proficient, you would probably close 30% or better. Just think, if you contacted one person every day, 7 days a week, you would contact 365 people each year. At a 10% close ratio you would have 36 new distributors every year. If they also duplicated, you would add another 1296 the second year, 46,656 the third year and so on. That is the power of 1 contact each day.

Plan it into your schedule to call or see one new prospect every day (and I mean every day, not just when you have a spare moment!) and commit to doing that for the next month. You'll be amazed at the results! Then teach your downline to do the same thing.

10. Cultivate leaders - find natural leaders in the warm and cold markets. Find leaders in your current networks. You will need to find and cultivate at least 3 leaders in each leg in order to secure them. A group of strong leaders under each leg will enable you to have more independence and eventually result in true walk-away income.

Network marketing is a great business. You have chosen a great company. You are a great person. Follow these 10 steps to further greatness!

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About the Author: Rod Nichols

 
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What's This?

Member Since: 08/06/2007

I'm a Distributor For:: Yoli Blast Cap Technology

Other Company: I am a founding distributor and Triple Diamond with Yoli

Industry: MLM

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

Comments



Daily Action

This is such a easy concept to talk about but the hardest to implement for most in this industry. I like your comparison to a McDonald's ownership.

Thanks for the insights to the ten keys to success in network marketing!

Mary

Mary Thayer — Mon, 09/28/2009 - 9:06pm

Mind if I share?

Rod,

Once again, you provide concise, useful information in a format that the newest of newbies (and seasoned vets) can comprehend.

Would it be OK if I were to share this with my business partners?

Have a GREAT day,
Warren

Warren Veach — Wed, 09/30/2009 - 7:25am

10 WAYS TO SUCCEED by ROD Nicols

Hi Rod:

I really think it is an excellent article. You give so much value. Your articles are all so great. I love reading your articles because they always help me and give great value. Another one I print and put in my folder.

Thank you Rod.

Take care and God Bless

Therese

Therese Catanzano — Fri, 10/02/2009 - 1:06am

It's a KEEPER

Hey Rod:

Thank you for outlining these critical KEYS so clearly for us.

Obviously, success means different things to different people - but what you teach above is a wonderful recipe for everyone.

EXCELLENT - very important - positive - a keeper - much appreciated.

Sincerely / Peter A.

Peter Arnold — Sun, 10/04/2009 - 9:40am

Nuts and Bolts Foundation

Daily habits truly build the foundation. Thank You for your wisdom.

iris beaudine — Wed, 10/07/2009 - 8:21am

Ten Keys

Greetings Rod,

Well done.

You have given a great starting plan for anyone looking to create success in building a business.

Robert

Robert "Buck" B... — Wed, 10/07/2009 - 8:23am

Great ideas over there

Thanks for sharing all this and I hope to hear more updates from you soon, have a great day.

Keep your sense of proportion by regularly, preferably daily, visiting the natural world. I've always regarded nature as the clothing of God.

http://www.benefitbar.com/benefitbar/subscribe/toolbar.php?toolbarId=390...

Steven Natureman — Wed, 10/07/2009 - 8:23am

Right on point

This is so very true. You always give great advice, thank you very much.

Michael Clifton — Wed, 10/07/2009 - 8:40am

Get connected to the world! Start, grow and manage your business

Marketing is always a Challenge, take the Right Way Now to Succeed... http://www.netbuc.com/education.php

Udo Ginczek — Wed, 10/07/2009 - 8:47am

Great write up on Network

Great write up on Network Marketing!

Tom Doherty — Wed, 10/07/2009 - 9:07am

10 Keys to success in Network Marketing

Hi Rod,
I am the new kid on the block so I cherish the information because I learn the do and the dont's. The info is very timely because I am trying to built a downline with a group I just join. Keep the info flowing.

Kearney

Kearney R Nichols — Wed, 10/07/2009 - 9:40am

DAILY aCTION and Caring

Hi Rod,
Awesome! Daily, consistent, business building activities that produce results....

Joe

joseph young — Wed, 10/07/2009 - 9:44am

Ten Keys to Success in Network Marketing by Rod Nichols

Thanks Rod very well said,sometimes i do forget,to do this every day,if i wont to grow my business,you are right,my downline will do what i do.
Thanks Hollis

Hollis Chapman — Wed, 10/07/2009 - 10:43am

Ten Keys to Success

Thank you, Rod for those 10 keys.
I am printing them out and keeping them by my computer to remind me everyday of what I should be doing.
Thank you for your wisdom.
Olivia Herrebrugh

Olivia Herrebrugh — Wed, 10/07/2009 - 11:13am

Rod You Nailed It!

Rod,

As usual, I really enjoyed the concise, relevant and insightful commentary. I plan to share this with my team. The idea of just doing daily activity can really add up! Very, very powerful.

Scott Love — Wed, 10/07/2009 - 12:28pm

Ten Keys to Success

Very nice article Rod, Keys to success that will help people, understand how success is achieved in this business, truly a reference document that will reassure your future paths to success

Thanks again
Peter Costabile

Peter Costabile — Wed, 10/07/2009 - 12:33pm

The right word at the right time.

No matter how many times you here the message it is still affirming. Thanks for the affirmation, advice and the encouragement that it is worth doing right.

Gerrald Hendrix

Gerrald Hendrix — Wed, 10/07/2009 - 9:35pm

A Network Marketing Journey

Hello, Rod. Thanks for Sharing your insight on Growing a Network Marketing business. The more we remind ourselves of these keys, the more focused we will remain.

It's all about 'Visual Mapping" your goals and dreams and striving to accomplish those tasks with much drive, motivation, and faith.

Remember... You fail... If you quit. You succeed because you make it past those road blocks in your journey. When you decide to call it quits... the journey ends.

To Good Health And Prosperity,
Derek

Derek Fobert — Wed, 10/07/2009 - 9:37pm

Ten Keys to Success in Network Marketing by Rod Nichols

Rod, thanks for your "Blueprint" for success in Network Marketing. I have heard of them over the years but to have them laid out so explicitly is quite helpful and, if executed on a daily basis, will assist us in building a successful Network Marketing business.

Marjorie Whittle — Thu, 10/08/2009 - 7:51am

Perfect for my Ground Floor Team!

Wonderfully concise!
I am building a team in Pre-Launch. Some are experienced networkers, most are not.
This is a perfect article to get them rolling!
Thank you for posting - it is much appreciated!

Mason Query — Fri, 10/09/2009 - 7:41am

Great List

Rod, great list. Will be really helpful for anyone just getting started and wondering which direction to move in.

Nick Owens — Tue, 10/13/2009 - 1:54pm

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Email: Rod [at] TheTVW [dot] com