Thanks to David Wood, Jim Chao and Kenny Gregg for interviewing Mark Yarnell, the writer of the book every network marketer absolutely has to obtain and read: Your First Year in Network Marketing.
The leaders in network marketing use a strategic but straightforward plan that Mark revealed on this remarkable webinar.
Mark Yarnell is nearly 60 years old. He has had money and freedom for 24 years. The MLM industry provided him the means and ability to choose whatever he desired to do.
What goals do you have for your life? What could you do if you had the autonomy that comes with the wealth you can earn in network marketing?
So, how do you earn $100,000 per month within 12 months or less? Yarnell truly thinks this is a small amount! He believes this because he interviewed a lot of folks who have made $2 million or more a MONTH while he worked for Success Magazine for a few years.
Yarnell did not go to college, and he has no wealthy parents. How did he do it?
Following are the FIVE items you have to to know and do to acheive $100,000 per month according to Mark Yarnell:
1. Core Value Match ' When evaluating a company, Yarnell wants you to ask, 'would you enroll your momma into the deal you're in?' If your core principles do not fit those of your business, you will involuntarily undermine your efforts and avert success. Are you in a corporation that matches your values? Are you proud of your company? Yarnell has turned down lots of opportunities because they didn't mate with his fundamental values. They didn't pass this simple test. Dig a little and learn whether the company in front of you is a great match for your value system. Believe in the business you represent and you will do well.
2. What market is your company targeting? Select a company with a GIANT market sector and with MINIMAL competition in that market sector. You want to be able to connect with a vast number of people. Consider the products and services sold by your potential company and choose a company where EVERYONE already consumes what you will promote.
3. Dedicate TWO HOURS daily in prospecting. In MLM, you are only paid for two types of activity: recruiting and selling. Do you know the difference between an amateur and a pro? The pro gets PAID for his or her efforts! Your prospecting efforts need to generate money for your enterprise. Spend two hours a day generating relationships with prospective partners to introduce your business opportunity or promote your products and services. Follow up with the leads that you've generated from your efforts on the internet. present your message at a business meeting.
4. Are you following a 1 year, a 2 year or a 3 year plan? Network marketing is a numbers game. To acheive $100,000/month in a single year ' you need to connect with 30 people a day 5 days a week. If your goal is 3 years, speak with 10 people a day for 5 days a week. Develop or make use of tools and introduce your prospects to information that will connect them with your business. You should speak with 600 folks a month. 95% of them will do nothing. But you'll add 30 to your business every month! Even if 29 of those 30 quit but you continue like this for a year, you will have enrolled 12 talented business leaders who will rocket your business. Yarnell says it is impossible NOT to make $100,000 per month. Even if 6 of your 12 give up!
5. Yarnell warns of 10 BOMBS to be aware of and AVOID!
1. The Comparison Bomb ' Ignore other opportunities and remain focused on the one you chose. Don't get seduced by other opportunities. Switching from one MLM to another will kill your career!
2. The Multiple Stream Income Bomb ' Stay focused on your ONE network marketing company. You are unable to promote more than one opportunity. Dance with the one that brung ya! Avoid being sucked in by numerous streams of income.
3. The Multi Tasking Bomb ' You cannot focus on multiple things and be productive. Remain focused on one thing for 2 hours each day! Recruit and sell! Stay laser focused on your task for 2 hours and you will reach your goals.
4. The Banker Bomb ' This is a quick way to kill your businss. Do not lend your new people the money to pay for their first order. Do not believe those that tell you how wonderful they are and that you should pay their freight to become a member of your busines. They will not produce!
5. The Product Expert Bomb ' You will confuse people if you know EVERY last technical thing about your product or your business. You do not need to explain how your product or service does what it does. You will lose them with too much detail.
6. Friends and Family Bomb ' Show them the money and they might join your team. When you make it big, they'll come running. Your warm market is where you should spend your time ' people you common interests with. Find folks with the same hobbies you have and explain how your opportunity can provide them the time freedom to do their hobby EVERY DAY. Focus on their dreams!
7. Networking Bomb ' People you meet at networking events all want to promote to you. Don't waste your time.
8. The Dabble Bomb ' Recognize and let go those who want to be at your level but only dabble. Do not waste your energy on them.
9. The Dump Bomb ' Dribble a little information out at the first meeting. Do not dump in the first conversation. They'll just think you are in one of them there pyramid schemes! Become skilled at the art of the tease, guide them to a tool and follow up.
10. The Shortcut Bomb ' There are no shortcuts to make it in this business. You need to focus full time and build the skills to be successful. Good news! Full time is only 2 hours a day!
Mark Yarnell is a legend in the network marketing industry. He speaks and writes to help others achieve the success he has attained. This webinar was no exception. Yarnell provided tremendous value! If you want to learn how to apply Mark's tips to create your own $100,000 month, check out Jeff Sheiner's
Financial Freedom Guide right now.
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