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discouraged with MLM

Getting Discouraged With Your MLM? Hear My Advice to A Fellow Networker!

I recently received a question from an online connection regarding ways to not get discouraged or burned out from working full-time or more than that and also working a network marketing business. This question touched home because I have felt much the same way in the past when spending consistent efforts marketing the business and building relationships, the time spent can be disheartening if you are not making the money to compensate.

I offered her my advice based on my experience and I will offer the same advice to anyone in the same situation. Building a network marketing business can consume a lot of time, but you also need to make sure that you are working smart, not hard. Here are some things to consider.

  1. Are you saving time by speaking only to the most targeted prospects? Spending more time actually qualifying a person instead of showing your presentation to anyone with a pulse actually saves you time in the long-run.
  2. Are you saving money by using online free methods of promotion? The toss-up here is that free marketing usually means more time spent, so you have to weigh the pace of your business growth against your budget and see if you can afford to pay a little more to advertise if it means more money in your pocket sooner.
  3. Do you have written goals and daily action steps written down to reach those goals?  Statistics show that people who have written goals are more likely to achieve them and faster than people who do not. Put your written goals in a place where you can daily be reminded of them so you stay on track and focused during your hours set aside to work the business.
  4. How much time can you make per day to work on your business? Setting a daily or weekly schedule or target goal of time spent working on your business will keep your time focused if you have few hours to spend, make you choose your activities wisely.
  5. Are you only working on income producing activities during those times? Wasting time on junk that does not make you money or generate leads is not worth doing during the time you have to spend on your business. Of course, we all need time for self-development, learning, and administrative tasks, but keep the largest portion of your work hours on cash-increasing activities.
  6. Do you have a way to generate cashflow from your leads, especially those who do not join your business? This is critical. If you can keep the money coming in even when your primary business is not growing as rapidly as you like, you will still feel the sense of accomplishment and motivation to keep pushing on. It’s always better to have several sources of cashflow when business wanes. And several sources of cashflow may replace the income from a part-time job that was keeping you from spending more time building your business.

You have to use your hurdles and complications to fuel your WHY, but you also have to work smart at the same time you work hard. Otherwise you are working for less gain and more stress.

To Learn More about how I work smart, not hard, enter your info for my Very Free Marketing Training:

 

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Tuesday, June 1st, 2010 Marketing View Comments

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