goals – MLM, Network Marketing, Direct Selling News, Videos, Articles, Legal Updates, and More. http://mlmlegal.com/MLMBlog From Multilevel Marketing Attorney and Business Consultant, Jeff Babener. Run, Learn & Get Lost at MLMLegal.com Sat, 07 Mar 2020 15:31:49 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.25 10 Questions Distributors Must Ask to Meet their Sales Objectives http://mlmlegal.com/MLMBlog/ten-questions-distributors-meet-sales-objectives/ Sun, 02 Oct 2016 07:51:04 +0000 http://mlmlegal.com/MLMBlog/?p=1174 As a distributor, you must decide what your objectives are when beginning your network marketing, direct selling, MLM business. Here are ten questions to ask yourself in order to help you meet your sales goals and reach your full sales … Continue reading

Visit us at www.mlmlegal.com to learn more.

]]>
Meeting your goals in network marketingAs a distributor, you must decide what your objectives are when beginning your network marketing, direct selling, MLM business. Here are ten questions to ask yourself in order to help you meet your sales goals and reach your full sales potential:

1) In your first year, what is your objective as a distributor? It is important to establish long-term goals and remind yourself of them frequently. If your objective is to sponsor 25 distributors in the first year, then you must recruit an average of two people each month. Once you develop long-term goals it is easier to see, and therefore reach, the short term goals.

2) How many people are you going to need in your organization? If your answer to the first question is monetary, then you will need to determine how many people you will need to recruit in order to meet your sales goals. Be sure to study the company’s compensation plan to understand what you need to do in order to succeed.

3) How much time do you feel it will require each week? Depending on your objectives, you may decide to spend ten hours a week or 30 hours a week recruiting, advertising, and selling. Keep in mind that most companies state that home parties average around 1.5 hours. 

4) What strengths do you have that will assist you in reaching this objective? Whether you are part of a community group or church or are great at approaching people, realizing your strengths will contribute to your success.

5) What weaknesses do you have that might inhibit you from success? Knowing your weaknesses are just as important as knowing your strengths. If you are honest to yourself about your weaknesses then you will be able to improve on them. Late-risers wake up earlier, the unorganized get organized, and the shy become speakers, for instance.

6) Do you have realistic objectives? If you plan to make $100,000 the first year and don’t know any people that may be willing to attend a party, then is a $100k sales goal realistic? Be realistic and start with goals you know you are capable of achieving.

7) Ask yourself how you would feel if you failed to reach your goal? It’s okay to fail; the key is to restructure your objective list and retry until you’re successful.

8 ) Vividly imagine yourself reaching your objective? How does it feel? Remind yourself regularly of that feeling.

9) Are you going to need the assistance of significant others in your life? What steps can you take to ensure their assistance? Remember to consider each individual’s strengths when you answer this question.

10) What will you need to invest in sales aids and inventory to do business? Be sure to budget sales aids, inventory, office space, gas, travel, and other expenses into your overall budget.*

* This is an excerpt from the book The Network Marketer’s Guide to Success available to order here.

Watch the related video by expert MLM Attorney Jeff Babener: Do You Have Some Tips to Become a Successful Network Marketing Distributor?

Visit www.mlmlegal.com for the most reliable, credible legal information about the MLM industry.

Visit us at www.mlmlegal.com to learn more.

]]>
Direct Sales Executive Offers Advice on How to Achieve Success in MLM http://mlmlegal.com/MLMBlog/direct-sales-executive-offers-advice-on-how-to-achieve-success-in-mlm/ Fri, 24 May 2013 17:51:28 +0000 http://mlmlegal.com/MLMBlog/?p=527 In the March 2013 issue of Direct Selling News Mark Pentecost, Founder and CEO of It Works! Global*, offered some advice to MLM company executives looking to grow their business. Mr. Pentecost offers the following advice to network marketing company … Continue reading

Visit us at www.mlmlegal.com to learn more.

]]>
In the March 2013 issue of Direct Selling News Mark Pentecost, Founder and CEO of It Works! Global*, offered some advice to MLM company executives looking to grow their business. Mr. Pentecost offers the following advice to network marketing company owners:

1)      Be a leader: “Leaders don’t follow the masses. They lead them.”

2)      Be simple: Create one goal per year and stick to it no matter what distractions come your way. “They may sound good at first, but they can derail your goals, your team, your culture, and, ultimately, your sales.”

3)      Be goal-driven: Make one goal, achieve it, and then set another. “Even after achieving $100 million in sales five months early, we didn’t stop making goals or focused decisions – we just started making bigger ones.”

4)      Be an executive: Make decisions for your company based on its culture and cash flow. “Why not make that one decision right now that can take your business to the next level?”

Mr. Pentecost concluded that he wrote this article to make an impact on other MLM executives, stating, “…the one decision that will rally your team behind your mission and put you on the map as an innovative company in direct sales.”

The Direct Selling News article titled “One Decision to $100 Million… and Then Some” can be found at http://directsellingnews.com/index.php/view/one_decision_to_100_million_and_then_some

*MLMLegal.com and its sister websites do not endorse It Works! Global.

www.mlmlegal.com and www.mlmattorney.com offer extensive information on how to achieve success as a direct selling business owner. Our Starting and Running the Successful MLM Company Conference is an excellent source of education for startup and existing MLM companies (contact Charity before September 1st to register and receive a discount!). There is also a plethora of information on our blogs, located at http://mlmlegal.com/MLMBlog/ and http://mlmattorney.com/blog/.

Find us on our social networks:

Google+

LinkedIn

Twitter

Myspace

Facebook

Visit us at www.mlmlegal.com to learn more.

]]>