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Editor's Note
Hello Readers:
Today's issue begins part one in a 3-part series on growing your
network marketing business. Anyone in the MLM business knows how
important recruiting is. Unfortunately, we don't all take the time
to create an effective approach for developing new distributors and
leaders. Part I focuses on the best ways to find talented leaders
for your marketing team.
Stephanie Mitchell
The PromoteNewz Team

Part I - Finding Leaders
Network Marketing is a great business that offers many people the
ideal alternative to a traditional job or business.
Do you know a better way for the ordinary person to achieve independence
from the tyrannies of working for someone else or from the day-to-day
headaches of running a business?
It's terrific being your own boss and in control of your own time
and financial rewards.
Sometimes the biggest problem in MLM is what to put on your business
card: President, CEO, Marketing Director, Independent Agent or Queen
of the World.
We tend to overlook the other important roles of Envelope Licker,
Gopher, Secretary, Accountant, Student, or the most important role
in your company - Chief of Staffing.
Recruiting is the lifeblood of your MLM business; yet we tend not
to treat it as a vital professional function. Most people base their
efforts on some pretty haphazard MLM industry approaches.
How
many times have you heard, "It's a numbers game"? The theory being
that if you talk to enough folks some will try your product, some
percent of those will become distributors and some fraction of the
distributors will evolve into leaders.
Do you know what the standard industry conversion rate is?
Neither do I.
How about your personal conversion rate?
Out of 100 people you talk to, how many buy product, become distributors
and go on to be leaders? Probably not enough.
So let's re focus our efforts. Your goal for a successful network
marketing business is to find, sponsor, and retain leaders.
These are the You, Inc. Division Heads. These are the people you
need to apply successful traditional business methods to recruit
and keep.
You'll want only the best people on your leadership team. To attract
them you need to know what they want and be prepared to deliver
it.
The top people want to be associated with other successful people
in the best companies. For now, let's assume you've already applied
our training in branding and market positioning and that Your Company
is seen in the best light.
There are two things that have to happen - you have to find candidates
or they have to find you.
Ok, let's look at just one way the top Executive Recruiters go after
talented individuals:
Always be on the lookout for above average folks - people at the
top of their profession, clerks who give outstanding service, an
impressive speaker, columnist, anyone driving with vanity license
plates. Introduce yourself and say you were impressed with their
speech, car, service, etc., hand them two of your cards and state
that you would like to talk to them if they ever consider a career
change or business opportunity. Then be quiet and smile.
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Now it's their move.
They will either say thanks-but-no-thanks, or they will ask for
more information.
If they say no thanks, just ask them to hold on to your card or
pass it on to another sharp friend. If they want more information,
then set an appointment. Yes, resist the urge to launch into your
Technicolor brochures and laser-light presentation.
Professionals work by appointment; even if you set the appointment
for 15 minutes later, on their break, or over lunch - set the appointment.
We'll come back to the interview appointment after we examine the
other scenario -
Q: How do candidates find you?
A: Handy In order to attract high caliber folks you must be positioned
and perceived as a leader with the best opportunity with the premier
company in your field. You craft a Marketing Message and Customer-centered
Benefit Statement that perfectly conveys your advantage over the
competition. Now you will communicate this message at every opportunity
and through every appropriate media. Here are a few online and offline
places to deliver your message:
• Weekly and local business newspapers
• Networking Business Clubs
• Professional Associations
• Church Directory
• Personal Letters
• Talk Show Guest
• eMail Newsletter
• Online Chat Rooms
• Internet News groups
• Online Free Classifieds
• Billboard ("You could of stayed home today - our managers Telecommute!")
• Trade Shows
• Craft your ads so that they help disqualify inappropriate applicants.
• Your goal is to interview, qualify and sponsor high potential
candidates.
About the Author:
Stephan Iscoe publishes the MLM Profit Letter, an online Newsletter
featuring tips, strategies, and secrets that will skyrocket your
MLM Profits! Get 12 Free Issues at MLMProfit.net,
A Practical Resource for Networking Marketing This article copyright
1998, Stephan Iscoe, MLMProfit Network.
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