Home Based International .com

July 4, 2009

Recruit, Recurit, Recruit!

Recruit!  Recruit! Recruit! - These are the three most important things in direct marketing and don’t get them out of order! 

Network marketing is a numbers crunching, sorting through the people kind of business.  Your are looking for those that want to go NOW!  Do not worry about those that say NO, just those that say YES.  Some of the NOs will come along later.  I call those ”checkers” – they will from time-to-time “check” on how that “thang your in” is going.  When they see you moving on without them, they will jump on board.  People are going to do what they are going to do.  And, for most of them, that means “nothing”.  Don’t get hung up on that.  Worry about what you can control and people “ain’t” one of them.  The number of exposures you make is all you can control and that will drive the number of recruits you get.  Learn this early and teach it to your team and you will explode in growth.  If you understand that you “are no gona save the world from poverty” by making everybody you know successful, you are way ahead of the game. 

Three Questions You Need to Answer

1.  Can I do this?  I bet you can hand out a tool and make a follow up call.  That isn’t hard.  What’s hard is working on the job for thirty or forty years working to make someone else a lot of money.

2.  Do I have the time to do this?  I think so.  Just turn the dang TV off and convert TV time into prospecting time.  Is that really a sacrifice?  If it is you really need to examine your priorities.

3.  Am I willing to sharethis with my family, friends, acquaintances, and business associates?  Oh, now this is were the rubber meets the road, because this is the only way you are going to make any money in network or direct marketing.  Let that sink in.  You have to tell somebody about what you have to offer!

Master the Mundane and Succeed

Recruiting and marketing our services is a process.  The process is simple and consist of the following four steps:

  1. Market products or services
  2. Sponsor new associates
  3. Plug the new assoicates into a system that trains, motivates and helps them do steps 1, 2, and 3
  4. Never, never quit and repeat these steps, over and over and …   

The number of times and the frequency these steps are repeated determines how long it takes to reach your goals.  This is the only “magic” to becoming successful.  It is simple, but not easy.  The hard part is that they are so easy not to do!  It is sad, but 95% will choose to “not” do them, and that is ok.  You make sure you are in the 5% that “do” them.

How to Market a Product or Service

Golden Rule #1 - The more you say, the less you make! 

So, ”say” very little!  Use a third party tool and get out of the way!  In other words, “Shut Up” and let someone else, or something, do the talking; a DVD, a 3-way call to your up line support team, a website, a recorded phone message, a business briefing -use anything but “your” mouth.  The reason is because if you “spew” all the knowledge you have at a prospect or have a slicker that grease sales pitch, they are going to leave you very confused and they are going to be thinking, “I could never remember all that information.  It is fine for him, but I don’t know how to sell.”  You want the prospect leaving your presence thinking, “I can do that.  All he did was give me a DVD to watch, or gave me a website.  I can do that.”  I know this works because my sponsor gave me a DVD – actually I grab-ed it from him and asked what it was.  He replied, “Oh, just something I am investigating.”  I watched the DVD and bought the service.  Two days later I ask him, “Can you make any money at this?”  He said, “Why yes, I think we can” and he gave me another DVD to watch.  I signed up as an associate to market the services through my own home business!.  Oh yes, he did ask me once a week at church, for nine weeks, “Rick, have you watched that DVD yet?  I need to get it back.”  Finally I felt embarased about keeping it so long and watched it the tenth week.  So keep it simple and use a third party tool and you must follow up.

Understand this and learn it well – “The fortune is in the follow-up!”  If my sponsor had not kept asking me for that DVD, I would have never watched it, probably.  If my sponsor had missed me, he would have missed one to the top six producers in a business that has approximately 200,000 associates; not me but someone I sponsored!  See how important the follow-up is?

The Approach – Keep It Simple Stupid

This is all you want to say.  The faster you master this, and it is difficult not to spew all you know all over the prospect, the faster you will succeed.

1.  I have something I want to “SHOW” you.

2.  It takes about 15 minutes.

3.  Oh, buy the way, you may or may not be interested, but is now a good time?

4.  What is the best way to contact you after you watch this information?  (As you hand them a DVD, or a card with a website URL, etc.)

Using a recorded call ( a SIZZLE CALL) - In step 1 above, if you have your cell phone, you might say as you dial the SIZZLE CALL number:  (Don’t ask them if they want to listen to something; assume they do.) 

1.  “I have something I want you to listen to real quick.

2.  It only takes a couple of minutes.

3.  Oh, buy the way, you may or may not be interested, but listen closely.  (After they have listened, go to 4.)

4.  On a scale of one to ten, where are you?  Ten being, ready to go, and zero being, I’m not interested at this time?

This works!  Don’t take it from me.  The number one money earner in our company uses this approach.  Learn from those that have “been there done that”.  I did.

Golden Rule #2 - Exposure is everything!

Our whole job is to properly expose (using third party and getting out of the way) a prospect to what we have to offer.  That’s it!  Give them the opportunity to say “YES” or “NO”.  You can not control what they say so get over it.  You can only control how many you expose. 

Never exposing them would be like opening up a store front, that might cost a half million dollars to do so, and never telling anyone you are in business.  You have a business, so treat it like one.

Please don’t be guilty of saying this, “Oh, I want to get all my ducks in a row and get everything planned out just how it is all going to work, and learn all the details so I will be ready to answer all my prospects questions.”  This is just an excuse to do nothing – you have to overcome your fear of failure.  So fail – yes fail your way to the top.  It is the only way you are going to get there.  Remember, Jim Rohn says, “You don’t have to bat a thoussand to make big money.  Talk to 10 get 1.  Talk to 10 and get two, two out of 10 will make you wealthy.”

There is an old Chinese proverb that goes like this, “A journey of a thousand miles begins with a single step.”  Baby steps.  Take baby steps and get started, today, not tomorrow.  Time is wasting and there is too little of it to waste.

 

September 28, 2008

Eyes Wide Open; No Surprises

The Home Based iNternational website was developed to encourage and help you succeed in your home based business (adventure), not to blow smoke and talk you into something you should not do in the first place.

Here is what I have found you can expect in the direct marketing business from over twenty eight years of experience.  (Note:  I use “Direct Marketing” to refer to direct, network marketing and multilevel marketing).  I want you to go into your new business with both eyes wide open with no surprises:

  • Consult your spouse before taking the leap!  You may believe that “it is easier to ask for forgiveness than ask for permission”; not in this case.  It is their future too, you know.  You must agree on where and how long your resources are going to be spent to reach your business goals.
  • Do not quit your day job! “Work part-time on your fortune and full-time on the job.  Before long you can work full-time on your fortune”, Jim Rohn.  This is a very important point.  Two things; (1) you will need the cash flow from your full-time job to fund your new business.  (2) We promote direct marketing as something you can do part-time.  So, that really is the way it should be done until you replace your full-time salary on a consistent basis; for at least six months.  Remember, 95% of business fail within the first two years; that includes home businesses too.  There is no guarantee.
  • Do not go in to debt!  Cash flow has always been king and still is, so do not borrow money.  Simply make a sell to generate the cash needed to fund your business.
  • $300 Max to get started!  If it cost more than $300 dollars to enroll in a direct marketing program, I would not do it.  Any reputable company will cost no more than this to get started.
  • No Front-End Loading!  For goodness sakes, do not ever let anyone “front end load” you down with product that will end up in your garage anyway and  no quota’s please!
  • Look for those that are ready to go now!  Everybody you talk to is not going to be as excited as you are about your products, services or opportunity.  That’s OK.  They are not rejecting you; they just are not interested in what you are offering at this time.  But, life happens and later they just may be.  So, always ask for permission to contact them in a few months to see if anything has changed, or for referrals to help you build your new business.
  • Don’t talk someone into doing something they don’t want too!  If you do you will be talking them into staying the whole time.  They are not going to doing anything anyway.  It is like having a boat anchor around your next trying to hold you back.  Don’t do it!  Just get them as a customer.
  • Rarely will you sell a product or service to the people you talk to today.  Two weeks.  Two months.  Two years later they will remember you, if you stay in touch.  So start putting people in the “pipe line” and keep it full.
  • Everybody will not stay or keep buying your services or products:

       (1) Sixty percent of your associates will quit over time

       (2) Thirty percent will drop your service or stop buying your

            products.  Your job; put more in than are dropping out. 

            It doesn’t take many that doing something, to succeed.

  • Get ready for challenges and adversity!  Once you start your business, it is amazing how the world conspires to do you harm or do you in.  You’ve got to be tough and have some faith.
  • Make some waves!  Pick a goal and set the sail.  A sail boat moving forward, into the wind (of adversity), is making waves.  If it is not, it is either in dry dock or “dead in the wind”.
  • Read good books, listen to go tapes, get around people who are succeeding in doing what you want to do and become a new you.  Take every opportunity of receiving training from those that have done it and are doing it, not those that just talk about how to succeed.
  • Don’t wait on anyone.  Your success is up to you and what you do, not on what anyone else is doing or not doing.
  • Don’t sell, tell!  No one likes the feeling of being sold.  And most people can not sell to start with and don’t want to.  So learn to ask some questions, listen well, and “tell” people about what you have to offer. 
  • Do not use your mouth!  Tell them by using third party which is anything or anybody other than you.  Third party is your upline or a tool such as a link to a presentation, a magazine, a DVD or CD, a recorded phone call or a professional business briefing.
  • They will not call you!  Learn this early on and succeed.  You must follow up with in your prospect, preferably within forty eight hours of the first exposure with a third party tool.So, don’t forget their contact information because the fortune is in the follow up.
  • Do nothing that is not duplicable.  If everyone can not do it, don’t waist your time.  Duplication is the life blood of direct marketing. 
  • Be “system” dependent, not “independent”.  A “WAVE 4″ business has a system that will sponsor, train, and motivate your team.  It is not about you.  It is about the system.  The system will provide the leverage to shorten the time required to reach your goals.
  • Three steps to success.  (1)  Sell by “telling” prospects about your product or service.  (2) Sponsor associates that are interested in the business opportunity and plug them into the system.  (3) Become a promoter of “the system”.
  • It’s OK!  If all you want to do is sell, that is ok too.  You will be limited to what “you” can do and will not have the leverage that comes with building a team of “tellsmen” or “tellspeople”, but that’s ok.  Direct marketing has something for everyone.

I will expand on each one of these in days to come.  Your thoughs and experiences are appreciated.  

Your success is our success, 

Rick Holloway 

 

 

 

 

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