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Further
Reading ...
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Joint Venture Marketing: What And Why - Catherine Franz What is a Joint Venture? A joint venture is an agreement in which two or more businesses work on a project for a set period of time. It is usually with a specific project or a goal in mind. Joint ventures can be long-term, like promoting a product...
USP on eBay - Greg Hayes If you have dabbled at all in the world of Internet marketing, you may have heard the term "unique selling proposition" or USP. USP is a technique that Internet marketers use to set themselves apart from the competition. Internet marketing is highly...
Tips for Variable Data Digital Printing - Kristine Llabres To have a high quality, versatile and cost effective printings do it through digital printing. And if you want a smart looking customized printed documents, have it with variable data digital printing. You may want it, but you do not know how it...
Buy a condominium or get a starter home? - Syd Johnson Often considered an alternative to home ownerships, a condominium is a form of property where you own one unit in a development plus a share of all common areas. You can find condominiums in cities as well as suburban areas. Condominiums are often...
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Imagine
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Written By:
Elena Fawkner
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Imagine a world where everyone tells it like it is. Rather than as it isn't. Imagine a world where you could not get rich overnight but you could become wealthy over time. Imagine a world where your financial rewards were directly related to how hard you work. Imagine a world where ethical business practices were rewarded by loyal customers and repeat business. Imagine a world where reality was not something that killed a deal but made it. Imagine a world where the charlatan was seen for what he is and not as someone who has the magic power to release us from the tyranny of effort. Imagine.
Those of us earning a living on the Internet recognize its true potential. We also recognize the damage caused by those who perpetuate the fantasy of another kind of WWW. Wealth Without Work. It just doesn't exist.
If you want to make serious money on the Internet then, with a few exceptions, you really need to be involved in network marketing. Many of you reading this article are already involved in one or more network marketing programs. One of the most important objectives (along with selling your product at the retail level) is introducing new people to the business aspects of the program in the hope that they will join your network (or downline) of distributors. If they do so, you earn a commission on their sales.
Imagine what would happen if you told it like it is rather than your usual hyped-up promises that you know deep down where it counts are only going to fall flat. Imagine what would happen if you told your prospects that it was probably going to take them a solid six months of work before they even started making money with your program. Nine out of ten would move on, right? Maybe nine point nine would move on. Good! Good? Yes, good! Why do you want to waste your time and effort on the nine who are not prepared to do what it takes to make a success of your program? You don't become wealthy by having a lot of people in your downline. You become wealthy by having productive people in your downline. One productive person will always be MUCH more valuable than ANY number of people who never do anything with the opportunity before them.
So why not spend your time and effort weeding out the tire-kickers? Make people have to QUALIFY for your attention. Force them to make an investment in your opportunity BEFORE you make an investment in them. Protect yourself from people who would only waste your time. How? Your first line of defense is a good gut- check. When people respond to your ad for more information, read the literature you make available and say, "Sign Me Up!", qualify them for admission. No, it is NOT enough that they fog a mirror. Remember, you don't get rewarded merely for the number of people in your downline. You get rewarded for developing and nurturing a hard-working, - continued below ...
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continued ...
PRODUCTIVE downline.
So, prequalify your prospects by asking them the three tough questions:
1. Why does this program appeal to you in particular? The correct response is that they love the product! The
best network marketers are products of the product. If someone wants to join your program without having a clue about the product, that's *your* first clue that this person is not going to be worth your time and attention. Personally, I would not be prepared to work with someone who was not at least as passionate about the product as I am.
2. How much do you want to earn from this business?
Some people may only be looking to supplement their existing income by a few hundred dollars a month. Others are looking to quit their jobs and become wealthy. Either (and anything in between) is a perfectly acceptable response. There is no right or wrong answer to this question. Its utility only becomes apparent when we get to question number 3.
3. How much time do you want to devote to this business?
Now, someone who wants to become wealthy and thinks he only has to devote five hours a week is someone who needs a reality check. Give it to him! On the other hand, someone prepared to devote 20, 30 or 40 hours a week has a better grip on reality. So does someone who only wants to spend five hours a week and make a couple of hundred dollars a month. What you're looking for here is some sort of parity in expectations between income earned and time and effort invested.
By employing this formula and declining to deal with people who don't meet your strict criteria, your downline is going to grow much more slowly than many of your colleagues'. But this race is not to the swift. The foundation you are laying for your business will be so much stronger for hand- picking every single brick that makes up your foundation.
You will be investing your limited time in productive people who truly understand the program and what it takes to succeed. By training these people to approach their business as you approach yours, they too will be investing their time and attention in a productive downline and their and your income will grow exponentially. Far, far better to invest 100% of your time and effort in a downline of 5 productive people than 500 unproductive people.
Let me finish with a real-life example - Bill Britt of Amway. When asked his secret of success, he replied: "There is no secret. I simply showed the plan to 1200 people. 900 said, 'No.' and only 300 signed up. Out of those 300, only 85 did anything at all. Out of those 85 only 35 were serious, and out of those 35, 11 made me a millionaire."
About the Author Elena Fawkner is editor of A Home-Based Business Online ... practical home business ideas for the work-from-home entrepreneur. http://www.ahbbo.com
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How To Stop Spam (Especially If You’re Already a Victim) - Karyn Greenstreet Spam. Those annoying, time-consuming emails that clog your Inbox and ruin your day. You wonder: How did it ever get so bad? While it's not possible to completely eliminate spam, there are quite a few things you CAN do about the problem to reduce...
How to Create Your Own High-Octane Info Products - Martin Avis Like most things in life, there are 'secrets' to being successful. Creating info products is no different. And like most things, the 'secrets' are there for all to see. The first problem that most people face when starting out as an 'info-producer'...
Robert Folsom's Market Report - Paul Diemer Q. How Does It Feel To Be A Rate Cut? A. Anticipated, Talked About, Hoped For,and Completely Ineffective? 11/6/2002 2:33:14 PM Commenting on the Federal Reserve's unprecedented 11 rate cuts in 2001, an article in the Nov. 5 Financial Times...
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