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[jayne miller Company: The Six Figure Mentors Contribution Level: 2]

I think as long as you are happy and successful with your business, it's different strokes for different folks. Sometimes as people gain confidence along the way, they step outside their comfort zones and blossom.

Kind Regards,
Jayne

[Dr. Bob Clarke Company: MyLeadSystemPRO Contribution Level: 3]

Agree 100% Joyce... certainly focus primarily on your Primary business (that's why they call it primary

I think of it like a supermarket. If someone comes into my "market" but already has a Primary program and is happy, I would not try to convince him to join me in mine.

It wouldn't make sense, and it would be a darned awkward conversation.

But if I ask questions and find out he needs something that would help him in his primary business, like training, lead generation, etc... I then have a portfolio of products to choose from, whatever fits his needs.

This is what I mean when I'm talking about multiple income streams.

You focus most of your efforts on your Primary and have your product portfolio at the ready to help out when needed. It's a Win-Win.

[Joyce Penner Company: Life Force International Contribution Level: 8]

Agree 100% Joyce... certainly focus primarily on your Primary business (that's why they call it primary

I think of it like a supermarket. If someone comes into my "market" but already has a Primary program and is happy, I would not try to convince him to join me in mine.

It wouldn't make sense, and it would be a darned awkward conversation.

But if I ask questions and find out he needs something that would help him in his primary business, like training, lead generation, etc... I then have a portfolio of products to choose from, whatever fits his needs.

This is what I mean when I'm talking about multiple income streams.

You focus most of your efforts on your Primary and have your product portfolio at the ready to help out when needed. It's a Win-Win.

Sure, I hear you Bob. Been there, done that. But during that conversation you are having with your prospect have you discovered that most are NOT making money and are OPEN to looking at something else? I spent the first No Excuses Summit talking to successful (in their primary) network marketers and every single one I spoke to, regardless of where their leads came from, talked their primary to their leads, without fail in their first conversation.

If they weren't interested they lead them to an affiliate program or course (their own possibly). And that's where they left it.

That's not the way most network marketers are being trained, today, online.

Their primary is never mentioned - it's all about having a "supermarket" of tools to sell.

I'm sure you personally don't do that Bob but it is prevalent online and it's not serving the people in getting what they want - long term, residual, passive, 'living their dream' income.
Joyce

[Dale Horton Company: Numis Network Contribution Level: 2]

You can only be in one place at one time. You can only prospect for one business at a time. And to create a team that is growing exponentially, unless you win the lotto & recruit a rock star, you're going to need to focus in one place & be the catalyst that creates the momentum.

Having said that, there may certainly be a time when the planets are aligned & one can move on to focus on the development of another business, but not until the proper systems, metrics & leadership are in place and the majority of daily activities have been delegated & outsourced. Very few get to this point.

[Erika Samperio Solares Company: Lightyear Wireless Contribution Level: 2]

I have two businesses, one in the pet industry and one in the travel industry.
I like them both for different reasons, the travel business has an upmarket, high end product that usually means people want to do their due diligence before joining, so they generally think about it alot before joining - the upside is that it pays large commissions so fewer sales are required to make good money.
The pet business is a low cost product, which is easy to mass market and also attracts alot of people wanting to join as the entry level is low and it is easy for beginners to start with.
I feel that they complement each other, as I pretty much have something that many people are very interested in

I see lots of other interesting looking opportunities out there, and sometimes have to restrain myself from the shiny objects, and keep telling myself that I need to stay focussed on what I already have

So since you have 2 businesses which one has had more success according to you? The one with the low cost or high cost. Also, the business with the low cost do people quit more often since it didn't take much to start? Just curious?

[Erika Samperio Solares Company: Lightyear Wireless Contribution Level: 2]

One program, I agree... but surely you don't mean to say that you're against multiple income streams.

That's crazy talk

What happens if your primary company decides tomorrow to disappear? What would you do then?

I am a huge proponent of keeping it simple... but I'm also a big proponent of multiple income streams. Meaning I will promote affiliate products I use, courses I've found valuable, and anything else I think would be useful to my team and prospects.

I'm sure you meant this as well, but just want to be clear.

That is why you join a company that is rock solid with several years out there.

About the last question. Yes I was meaning just one income stream. If I told my team to buy more programs I don't think that will make them happy, that is making it more complicated and with all the courses it has people can get frustrated easily.

So if I purchase a program (which I have) I would not promote those affiliate products, instead I would use those skills to promote my business not theirs.

Hope I cleared it up.

[Erika Samperio Solares Company: Lightyear Wireless Contribution Level: 2]

I think as long as you are happy and successful with your business, it's different strokes for different folks. Sometimes as people gain confidence along the way, they step outside their comfort zones and blossom.

Kind Regards,
Jayne

Why wait for the perfect timing to feel confident, why not have an attitude of JUST DO IT! I think this is where personal development is missing, people have to always be self motivated.

[Sabrina Gage Contribution Level: 2]

I agree that if you focus on one thing. You do that very well and you can also build up your credit form it.

[jayne miller Company: The Six Figure Mentors Contribution Level: 2]

I think as long as you are happy and successful with your business, it's different strokes for different folks. Sometimes as people gain confidence along the way, they step outside their comfort zones and blossom.

Kind Regards,
Jayne

Why wait for the perfect timing to feel confident, why not have an attitude of JUST DO IT! I think this is where personal development is missing, people have to always be self motivated.

I know and wouldn't it be fantastic if everybody was the same! Business and communications at all levels would be so much more productive.

[Angela Love Company: Pet Protector Contribution Level: 2]

I have two businesses, one in the pet industry and one in the travel industry.
I like them both for different reasons, the travel business has an upmarket, high end product that usually means people want to do their due diligence before joining, so they generally think about it alot before joining - the upside is that it pays large commissions so fewer sales are required to make good money.
The pet business is a low cost product, which is easy to mass market and also attracts alot of people wanting to join as the entry level is low and it is easy for beginners to start with.
I feel that they complement each other, as I pretty much have something that many people are very interested in

I see lots of other interesting looking opportunities out there, and sometimes have to restrain myself from the shiny objects, and keep telling myself that I need to stay focussed on what I already have

So since you have 2 businesses which one has had more success according to you? The one with the low cost or high cost. Also, the business with the low cost do people quit more often since it didn't take much to start? Just curious?

For me, I have found that it is the higher cost one that is more successful. My feeling is that people really give it a lot of thought before joining, as not many of us have a lazy $800 to $10k laying around, and want to be pretty confident that we are making a good decision before investing that kind of money (as I did myself). So the people who do join are genuinely committed, and many of them come in with an existing business mindset.

They are usually also easier to coach, as they understand the basic principles, and actually read the documentation and watch training videos before shooting off 100 questions that have already been covered.

With the lower cost business, it is less than $50 to get started, which also includes a sample of the product, and people are a lot more willing to jump in without risk, as they are receiving a product and in reality getting a business opportunity for free. I get a large volume of people joining, but many of them don't continue after the first month, as they have nothing to lose, and are maybe not really that motivated to begin with. In saying that, I do have some stellar members who perform really well, and have built themselves nice little businesses for next to nothing. My main focus for this business is the retail sales, and I have people join me when they explore the business opportunity section.

I guess it is natural that with a higher investment comes a higher commitment, but it also depends on a person's motivation and drivers - eg if someone has a burning desire to build their own business to escape poverty and build a better life for themselves and their family, they are more likely to succeed at the less expensive business, than the person who has loads of money to splurge and invests in the upmarket, luxury business, but then fails to take any action and wonders why they are not an overnight success...... and it can go vice versa too.

I love both businesses equally, as my two passions are pets and travel, so am able to focus on both adequately, but the travel one is definitely 'working smarter not harder' as the gains are so much higher for similar output on my part.