In reality, you are often tested before you learn some deep secrets, as against the formal education system where you learn, complete your study module before been tested. In this article, you are about to learn Seven (7) all-time success secrets of top global network marketers that will help you to achieve your goals and build a successful network marketing business. Applying these proven success secrets, anyone can achieve success, and create a life of financial freedom and abundance, that can be transferred to your future generations.
“Most entrepreneurs initially sat around and waited for something to happen. But when no one else showed up, they said, ‘well, I guess I’ll have to step forward and do it myself”
— Eric Worre, Network marketing pro.
Network marketing, also known as multi-level marketing, has created countless success stories over the years, including mine. People from humble beginnings, as well as those who have enjoyed illustrious career in other industries, have built incredibly successful business and achieved financial freedom through the power of network marketing. This business model has been around for decades, and it has proven to be successful for those who have mastered the art of it. It is a business model where individuals market products or services to their network, and they earn a commission for every sale made through their referral. Imagine if your organization were to pay you for every new idea you bring to your current job!
“Your success as a network marketer lies in your ability to build and maintain a strong and ever-growing network of loyal customers and distributors. To achieve this, you must continue to develop and sharpen these skills and secrets that successful network marketers have employed over the years.”
Here are few big names in the industry worthy of your attention: Eric Worre, Mary Kay Ash, Jeff Roberti, Richard DeVos, Robert Kiyosaki, among others.
Now, here are your secrets.
1.Mentorship
As an authority in this area, I can tell you that nothing else could get you ahead faster than mentorship. Those who succeed in network marketing learn this secret very early in their career. Mentorship is simply the transfer of knowledge and experience from one, more knowledgeable and experienced (Mentor) to another with little or no knowledge or experience, but desirous of guidance to achieve set goals (Mentee/protégé). I joined the network marketing industry with no prior experience but in two (2) years, I raised a strong team in about 20 countries, multiple million dollars in revenue and my personal goals were served on a platter. This was only made possible because I had a mentor from day one. Here are questions that can get you started with a mentor; would I achieve more if I have someone willing to guide me through my career/aspirations? Is there anyone who understands my dreams and current challenges, who may wish to help me? Is there anything I can do to help someone else achieve their goals easier?
NEVER WALK ALONE, GET MENTORED.
A manual for legacy leadership.
2. Clear vision and goals
The networking business model is unique because it relies on a network of independent distributors to sell/promote products or services directly to customers. To do this effectively, you must develop a clear personal vision and goals. Note, one mistake that networkers make is that they focus on the marketing or compensation plan of the company they promote rather than adapt same into their personal vision and goals. Having a clear vision of what you want to achieve will give you the right motivation and drive to overcome obstacles that come your way. Surely, they will come, sooner or later. Networkers that are passionate about the products or services they promote are those with clearer personal vision and goals; they have been able to find ways to make the products or company work for them. Network marketing is a means to an end, but not the end. So, setting Specific, Measurable, Achievable, Realistic and Time-bound goals will help you stay focused and will provide you with a roadmap for success.
3. Continuous education
You cannot give what you don’t have! Network marketing is a dynamic industry, constantly evolving. So, it is important for you to stay up to date with latest trends and techniques. One important skill that average network marketers lack is what to do with the money gotten from their networking business. They lack financial education. In my recent article, ‘don’t invest, don’t save money, do this instead’ I highlighted the importance of financial education, more importantly how to attract a financial mentor. Successful network marketers are always learning; they read books, attend seminars, take courses, and seek advice from successful leaders in the industry, to improve their skills and knowledge. There is no one-cap-fit-all method in network marketing! By staying informed and knowledgeable with trends, you will be better equipped to lead your team and grow your business.
4. Providing value
Successful network marketers are focused. They know what they want, and they concentrate their efforts on achieving it. Beyond monetary gains, they focus on solving problems, meeting needs and providing solutions. Before you can achieve these effectively, build your empires and become financially free, you must believe in the product or service you promote, and use them as well. You must personally develop confidence in its ability to solve a problem or meet a need. You need to provide value to your customers and team members through education, training and support, and endeavor to refer them to other professionals beyond your own skills and competence. Providing value will help you build trust and create a loyal following. Remember, network marketing is just a means. Successful network marketing is all about building relationships. You must prioritize building strong relationships with your customers and distributors because people do business with individuals they like and trust.
5. Consistency
Successful network marketers are consistent in their efforts; they make plans and stick to it, regardless of the challenges they may face. Consistency has shown to solve up to 90% of the problems of successful network marketers. This secret connects with every other success secret shared in this article. You need to consistently act and work towards your goals every day. This will help you build momentum and create a steady stream of income. The visible frustrations that you see some network marketers exhibit is a result of decline in their earning capacity which is proportional to the work done. Remember, network marketing is not a get rich quick scheme, it takes time and effort to build a successful business. So, don’t quit too soon or get discouraged by setbacks. You are possible!
YOU ARE POSSIBLE, GO FOR IT!
6. Leadership and team building
Very successful network marketers are good leaders. They focus on building genuine, authentic relationships with their team members, customers, and prospects. They lead by example, set the tone, and inspire their team members to achieve their own goals. To succeed in this industry, you must be resourceful, create value, solve problems, and mentor others to follow that path. Your reputation is everything in network marketing, and it is important to always act with integrity and honesty in all your dealings with your team and customers. Building a business based on these qualities will create a loyal and committed team that will help you achieve your goals. It is taboo in network marketing to neglect your team. They are the lifeblood of your business. Neglecting your team or failing to provide them with the support, training and retraining they need will be a recipe for disaster. Someone has said that you are as successful as the weakest link in your team, – you must prioritize their success.
7. Persistence
If you quit, it means you are not deserving of the goal you have set for yourself. Allow yourself to fail sometimes but never quit. Bob Gas said that falling does not make a failure, quitting does. Successful network marketers are persistent. They don’t give up when faced with challenges or setbacks. Instead, they persist and find solutions to overcome obstacles. This does not mean being pushy. Being pushy or excessively aggressive is a turn-off for most people, customers, and distributors. It leads to suspicion. Instead, focus on building relationships and providing value. Do your job well but allow people to decide whether they want to join your team or purchase your product. Persistence is key in network marketing.
In conclusion, network marketing is a powerful business model that provides financial freedom and personal fulfilment. However, success in this business requires commitment, hard work and determination. By following the above time proven 7 principles of getting a mentor, developing a clear vision and goals, engaging in continuous education, focusing on providing values, being consistent, providing dynamic leadership and remaining persistent, you are on your way to building a successful network marketing business and creating the life you desire.
