Make Money Online with Stephen PierceWarren Franklin is a business growth specialist. He has worked in the MLM industry for close to ten years helping hundreds of individuals grow their businesses. Find out more at http://www.pcsecuritybiz.com/mlmbusinessopportunity.html?” />MLM Business Opportunity or check out Warren?s blog at http://wlf123.wordpress.com?” />Personal Security Defender
What makes one person in a MLM Business opportunity successful and another a failure? Why do some people work and make money from home while others struggle?
There’s no simple answer to these questions. However, there are keys to being successful in a MLM business opportunity. It begins with choosing the right company for the right reasons. It has to do with the person’s attitude, mindset, and desire. It’s as much about the individual as it is the company the products and services it provides.
Two of the keys I’m sharing are all about you. They are the ones that will make the difference of whether you succeed or not. The other keys are very important, but nothing will happen without you.
Here are the “Five Keys to Make Money at Home with a MLM business Opportunity:”
Key #1: You have to recognize the opportunity when you see it
You may think opportunity it is all about money. That is wrong. Opportunity is about the company and its products and/or services and the growth potential in the market place. What is the quality of the products or services offered? Does the company stand behind them? How are they different from the competition? Are they affordable? Do they fill a need no one else is supplying? Are these products or services you can believe in?
It’s about timing. It is best to find an MLM business opportunity that offers emerging products and services. Is the company really on the cutting edge of research and technology or are they talking a good line? Where do you see the company and industry headed in the next five to ten years? Where do you see the need in the market place in the coming years, is it going up or down?
Key #2: Have the desire to make your business profitable
I know this sounds silly, but its true. To succeed and make money at home you have to have a desire to make money – more money than you spend. In other words, make a profit.
You have to see yourself working the business and succeeding. You must visualize the end results and see yourself successful. See it! Feel it! Sense every bit of it. Your subliminal mind will take over and direct your actions for success.
Without desire you will go nowhere. You must have a burning desire to achieve what you want. Does the business opportunity have the ability to do that for you? What are your dreams and goals? Does the company help you achieve them?
You have to believe in the company, its leaders and products and services. You have to believe in yourself and your ability to make money at home with this company.
You must have a sense of purpose. You must know where you want to go in business and in life. Will the business take you there?
Your desire, belief and purpose have to be so high that fear goes out the window. You are on a mission and you will complete it no matter what the obstacles.
Key #3: Recognize that to create wealth you must leverage other people’s time and energy
Corporations know and understand leveraging is the key to success. Show me a large company anywhere in the world and I will show you leveraging. Companies hire employees to do the work that wouldn’t be possible if only one person did it. By leveraging companies are able to produce products and services for the masses.
A MLM business opportunity allows you to leverage and do the same thing. As an independent representative you are a distributor of their products and services. Your job is to do two things: gather customers and find people who want to build a business just like you, business partners.
As you find and train business partners you leverage your time and energy. A synergy begins to grow where the sum of the efforts actually out performs the number of people in your organization. That is how you build solid long-term wealth with a MLM business.
Key #4: Have a strong desire to create residual income
We all understand the concept of residual income. You do something once and you get paid for it over and over again. Residual income is the key to everyone’s success. Once you have learned the secrets to leverage other people’s time and energy residual income will come your way.
You can earn residual income with either a products oriented or service oriented company.
However, I have found a services oriented MLM business opportunity is more likely to have lasting residual income. Here’s why:
When you sell products they tend to operate on a month- to-month basis with the only connection to long term being auto shipment.
On the other hand, when you sell services there is generally an annual contract. The services are billed month-to-month but the commitment is much longer. Service oriented customers tend to stay with the company a lot longer thus giving you a longer lasting residual income opportunity and a great way to make money at home.
Key #5: You must take action to get the ball rolling
Everything we do takes action. Even the simplest of things like mowing the lawn, driving to the store, or going to work every day. It all takes action.
Building a MLM Business opportunity requires action, too. In fact, it takes a lot of action to get it rolling. You will have to work hard in the beginning. You might not see much activity for weeks or maybe months. It can be challenging.
Your desire, belief and purpose are going to carry you and get you past the challenges. You will take action because you mentally see the results. You believe you will succeed.
To make money at home and achieve your goals you must take action every single day. You must do the things that will grow your business and build the long-term residual income you desire.
A foundation you can work from
“The Five Keys to Make Money at Home with a MLM Business Opportunity” are a foundation you can work from. Apply these keys and you will succeed.
For inspiration and motivation I recommend you read and study, “Think and Grow Rich” by Napoleon Hill. In my opinion it is the book that all other motivational books are based upon.
Mail this post
