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A Simple Step by Step Approach to Fail Your Way to a Financially Successful Home Based Business
He (or she) who is the first to fail a Billion Times wins. He (or she) who dies with the Most Failures win. In order to start and run a Successful Home Based Business you need to learn how to fail. Those who fail the best and the most are the most successful.
In a Seminar Given by Robert Allen a few years back he said the Difference between those who are Financially successful and those who aren't, are that Financially Successful people know how to fail. Robert Allen went on to say that a Financially unsuccessful person fails trying to find a traditional job and when they finally succeed what do they have a JOB. But a Financially Successful people fails to put together a million Dollar deal, but when they finally succeed they have a Million Dollar Deal.
Taking Robert Allen's Theory of Failure a step further you will learn how to build a successful Home Based Business, failure by failure. Anyone who has tried to start a home based network marketing business knows about failure. If you have never been successful at running a home based network marketing business it is probably because you have not failed enough. You need to fail 100's upon 100's of times to establish a successful home based network marketing business.
The key to any successful Network marketing business is building a team. The secret to building a Good team is Failure. You make a call trying to add a team member and you are told no (that's a failure). You keep calling and they keep telling you no, (Failure after failure). You finally get someone to join your team, but they fail to build a team so they quit (another failure.) You may need to make 10, 20, 30 or more phone calls to get that 1 team member. You may need to get 3, 4, 5, or 10 team members to get a successful team member. You show me a successful home based network Marketing business and I will show you somehow who is a Top Notch Failure.
He who dies with the Most Failures is the "BIGGEST" Winner.
About The Author:
Copyright © 2005-2006 Mike Makler the Coolest Guy in the Universe
50 Ways To Generate More Money In Network Marketing (Practicing The Obvious)
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Duplicating With the Color of Your MLM-Chute
Richard Bolles, created the hugely popular What Color is Your Parachute for millions of job seekers and career changing individuals dissatisfied with their professional lives. Mr. Bolles basically created a book that guides a person to discover what jobs fit their special abilities and attributes. So my question to you is what color is your mlm-chute?
Are You Looking to Get in on the Ground Floor of the Next Amway? Here Are 7 Things to Look For!
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What you listen for in your conversations with others determines what you will get out of them. All too often, we listen to others in a casual or unfocused way. As a result, we come away with little from the conversation. In fact, we typically find ourselves listening to our own thoughts and internal chatter instead of to the other person.
Hey Dummy, Youre Asking The Wrong MLM Questions! ($$$$)
Talk about total dumbness. I wasted over $3,200 and maybe like four (4) years asking ALL THE WRONG questions.
MLM Recruiting- MLM Online Recruiting 101 for Network Marketing
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The Power of the A-Z Presentation
When someone asked me, 'John, what is the #1 reason why people fail in their own Network Marketing business?', I said with 110% confidence, "It is because they customize their presentations to each person assuming what their prospect will find exciting." This mindset will definitely set you up for failure!
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Is Network Marketing the Right Business for You?
I have often wondered why people get involved in Network Marketing businesses only to jump from one business to another. For most people, the reason for having his or her own business is to allow themselves more flexibility to do the things that owning a business permits. Such as being your own boss, controlling the amount of income that you earn, being in charge of the daily running of the business and much, much more!
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MLM, Pyramid Schemes, and Matrices
Have you ever wondered what the difference is? MLM operators claim they're not operating a pyramid scheme. Matrix and "forced matrix" operators claim that what they have is better than MLM. So what are the differences?Pyramid Schemes:Pyramid Schemes are illegal in the USA, and probably abroad. We all know how these schemes work, or at least get the jist of the idea. A person (the originator) starts by sending a message to several people. Usually people he/she knows. The message in some round about way, will tell everyone to send him $5 or so...and then send the message to someone else. All the while adding names to the list, and each new recipient must send money to the first person, second person...etcThere are a million variations of the Pyramid Scheme, but the main attribute that define a pyramid scheme ( also known as chain letter) is that there is no product, it's just people sending money. The term "Pyramid Scheme" is derived from the fact that it starts with one and the size of those involved increases as you move towards the bottom. On paper, it looks like the shape of a triangle, or pyramid.Multi Level Marketing:How is MLM different from a pyramid scheme? After all, on paper any MLM looks like a pyramid in reality right? The differences are very simple. In MLM there is a product being sold. Income is generated from "commissions". It's actually a pyramid scheme, except that the participants get something back...regardless of whether the people they refer actually pay for something...In MLM, the participant always gains from their investment. The catch is in the value of the product that the participant receives. This is the reason that MLM is so big on the internet. Because, information can have a monetary value, and it cost the distributor nothing. So ebooks, software, newsletters...etc... these are the most common products used in MLM. MLMers have added tangible products as well, and home products were the first to use MLM as a primary marketing strategy.The Forced Matrix:With so many MLM programs on the market these days, originators have tried to make their programs more desirable than others. Hence the forced matrix idea. In a regular MLM program, your monetary gains are based entirely on how good you are at marketing the program. However, most people arent' very good. So it would benefit the less talented if they had help from the talented. Basically, if the number of people who can join under you is limited in any way...then it's a forced matrix. The idea being, anyone else you refer extra..will go under someone else. The best implementations put the extra person under one of the people YOU have under YOU. Hence it helps the person under you, which helps you too.The term is tossed around a bit, and sometimes not used at all. However, that is what defines a forced matrix. Sometimes numbers are used to describe a forced matrix more thoroughly....like "4 X 4 forced matrix" for instance. Which might mean that you can only have 4 people directly under you and only 4 people under those 4 who you recieve commissions from.There is a hi-bred idea that has become common now, where by a person can deliberately place a referral in another line of their choice. A sort of traffic control attribute that helps originators get their referrals interested. This has been an attempt to make regular MLM more appealing, and it has worked. In fact, forced matrix MLMers have even implemented the option in their own programs.The benefits of either are about equal. With a forced matrix, you stand to earn an income faster, but increases in income are slower because your referrals get forced further down the line from you. With regular MLM you have a stronger base, and sustaining it is generally easier...but first profits can be slow. If you want a little income faster, go with a forced matrix. If you want BIG profits and are willing to work a long time for it, go with regular MLM programs.
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