6 Common MLM Mistakes And How To Avoid Repeating Them

Monday, November 2nd, 2009 at 10:34 pm

Be truthful when you answer this… Have you ever looked critically at what you’re doing to see where you are going wrong?

Seriously, it’s a business killing mistake to NOT ask yourself “What mistakes am I making?”

I know that I have made mistakes in the past. I’m human… it’s one of the things we do best. Screw things up! (look at the government… but that’s too long a topic to cover here!)

One of the greatest attributes of a true leader is that they are introspective enough to ask them self “What mistakes am I making?”

To improve as a leader, you have to stop making the same mistakes over and over. Each mess up is an opportunity to learn. It requires admitting that you made a mistake and taking the necessary steps to prevent repeating it. Each mistake requires awareness and an open mind to learn.

MLM biz owners make many mistakes, often because they have never been taught how to lead a business.

The biggies that will crush your biz faster than a peanut under an elephant are:

1. Signing up anyone. Many networkers have been lured by the possibility of making lots of up front money from sign-up commissions, taking little consideration of the ability of their reps to succeed. Know this: the BIG income you’re after in your business comes on the back end from having a large and successful organization full of leaders.

2. No follow up. Relating to the tendency to sign up anyone, there exists team leaders who don’t follow up and provide direction and coaching – a replicatable system – to help their reps grow their own organizations. Every leader must have one.

3. Lack of committment. When you make a business choice to join an MLM company, there has to be a committment to learn, to work at it for a certain amount of time. If you’re the type who has joined 6 MLMs in the past 3 years you lack committment. Don’t sign up people that do this!

4. No marketing plan/undefined marketing plan. Although you may be using many different techniques, you need to define your daily and weekly routine. If you’re hit and miss, you won’t ever know if your marketing is working.

5. Don’t know how to read their marketing plan. They may be creating some leads, but they do not know what part of their marketing is working for them and what isn’t. Split testing and having separate campaigns for different marketing programs your using will allow you to fine tune and focus on what works and ditch what isn’t.

6. No goal setting. No goal is unreasonable. Often the time frame we set to achieve those goals is… If you don’t have something measurable to reach for, you won’t get it.

Leaders don’t make these mistakes. You don’t want your downline to make those mistakes either, because it effects the back end income potential – what you are working so hard to create.

I highly recommend that you read books by the leaders in this industry. Johnathan Budd, Big Al, Mike Dillard, Mark Weiser… and leaders in any industry: Robert Kiyosaki, T Harv Eker, Napoleon Hill, Donald Trump.

They’ve already made all the mistakes for you! And still succeeded!

Never, EVER stop learning. Leaders continually evolve. So should you.

Warren Smith
Founder, Get Ahead In Life Marketing
406 490-2556

http://mlmgrowthexplosion.com

My idea of leading and how to spot prospects who could lead was overhauled the weekend I sat down and read what I’m making available to you at this link!

http://recruitmorereps.mlmgrowthexplosion.com

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