how to start mlm business

Ok...you have a new distributor. What do you do with that person? Good question! There is a "Success Path" that we suggest following that has proven effective and powerful for the new distributor.

You MUST Schedule what we call a "Kickoff Meeting" within 72 hours after siging the application. This is the official "kick off" of their business, and psychologically is the official opening of their doors for business with the public.This meeting lasts about an hour, and helps to educate them on most aspects of your company, products, pay plan, and training.

There are topics you need to cover with the distributor to get them going quickly! When you meet with your new distributor, whether in their home or at a restaurant, be sure to cover these topics completely.

Here are the steps we have always recommended:

1. Paperwork.

You must cover all the paperwork, including the application, order, any tools they may want, and any other neccessary paperwork needed for Success in your company.

2. Order.

What kind of order to they want? Does the company have certain packages to purchase? Let them decide what is best for them, and make sure they have the order paperwork filled out properly.

3. Company, Product, and Pay Plan Information.

Give them any information on the company and products they need. Keep it simple. Make sure they know who the owners are, and the history of the company.Make sure they are familar with an overview of the product line. And cover the pay plan in general terms, DON'T COMPLICATE! And get them to a local fast start training as soon as possible.

4. Review Planner.

If your company has a Success Planner or a New Dealer Kit, then go through it with them. This will help to start focusing them into the training from the company.

5. Review Other Tools.

What other tools does the company have that the new distributor will need? Make sure you cover them as well.

6. Brochures.

What kind of brochures does the company have for marketing? Cover those with the new person, and get them familiar with these powerful visual tools.

7. Listen to any 24/7 Conference Calls.

Does your company have 24/7 recruiting or training calls that you can use? If so, let them new distributor hear them. If your company does not have them, then you may want to consider doing them yourself.

8. Upline Introductions.

Who is your upline? You need to introduce them to your new person. Call them ahead of time to insure they will be available. Have your upline welcome them aboard and offer any assistance needed.

9. Introduce and Familiarize them with the Websites.

Show your new person the website and all the details of it, including the back office, if there is one.

10. Prospect List/Memory Jogger.

Make a list of the first 10 people the new distributor will call. This is their HOT market.Then make a list of the next 25 they will call. This is the start of their warm market list. That is a good number to start with, and it won't overwhelm them. Eventually, you will come up with at least with 150 names with them.

11. Introduce 3-way Calling.

Make sure they have 3 way calling on their phone. And then show them how to do a 3 way with you. They must learn to MASTER the 3 way call to master Success in MLM.

l2. Schedule First 3 PBR’s.

In Home Meetings are a great way to launch a new business. A PBR is a Private Business Reception. Plan on inviting the new person's warm market to an In Home Celebration of their new business, and hold 3 of them within the next 45 days. Send out invitations of the first PBR 72 hours after this meeting.

13.Schedule to Attend next 3 Local Events.

When are the next local training and special events? Schedule them to be there to learn, and also to bring friends to these events.

14. Goals and Dreams.

What are the first 7 day goals? What are the first 30 day goals? How many sales will be achieved? How many new distributors will be recruited? What volume is the target? How many hours a week will the new person work and wehn are they? And complete their "Golden Dozen List." This is a list of the 12 things that the new person wants their new business to bring into their life that is not currently there. Is it a new home? A new car? Write down the "WHY" that they are doing Network Marketing, and what they want Network Marketing to change in their life.

15. What things will discourage the new distributor enough to make them want to leave the business? (THIS ONE IS IMPERATIVE TO COVER!)

Find these out, as you need to know this so you can help the new distributor get through them if they should show up. These are the "Success Landmines" that you need to locate and lead the new distributor around.

These are the things you initially need to get the new distributor off to an Explosive start. List them in a checklist to make sure you cover them. Encourage constantly the new distributor, and pour into them at this meeting your confidence in them. Create an EXPLOSIVE start by following these steps to Massive Success in MLM and Network Marketing.

Oh...

Schedule the first 10 warm market phone calls with them. Put down in your planner when this will take place, and then plan on starting the phone call session with them. Preferrably this takes place within 24 hours of the Kick Off Meeting.

Doug Firebaugh is one of the top MLM Network Marketing Trainers in the world. Over a million people a month read his training ezine. He spent the last 7 years traveling the world speaking and training on Success. He lives in Birmingham Michigan, and you can receive a FREE subscription to his training ezine- The MLM Success HEAT- at: http://www.passionfire.com/pf_heat_4.html; http://www.passionfire.com

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As the Number of Network Marketing Programs proliferate the Number of Network Marketing Payment Types increase as well. This Article will explore 7 types of Payments that a Network Marketer can receive. Many Plans Employ Hybrids where they combine 2 or more of these Payment types into their Pay Plans.

1 - Uni-Level MATRIX PLANS

This is often referred to by the un-informed as the Dreaded "Pyramid". A Unilevel Matrix allows you to have Unlimited Width and Limited Depth. Simply Point let's say that you are personally responsible for signing up 10 team members. You will earn a commission on all sales generated by your 10 Team Members. (You could in fact sign up 100 or 1,000 or even 1,000,000 or more people on your first level). Now lets Say each of your 10 Team members Sign up 10. Since 10x10 is 100 You will now have 100 People on your 2nd Level. You would also earn commissions on all Sales Generated by your 2nd level. A Typical Uni-Level will pay down 5 or More Levels. If each person were to continue to get 10 this would leave 1,000 people on your 3rd Level, 10,000 People on level 4 and 100,000 People on level 5. A very promising but highly unlikely scenario.

2 - FORCED MATRIX Pay Plans

A Forced Matrix is Similar to a Unilevel Matrix but it limits the amount of people each person can have in their first Level. A Very Popular Kind of forced Matrix is a 3x9 Forced Matrix.

With a 3x9 Forced Matrix The Most People you can have on Level 1 is 3. Now the most people each of those 3 can have on there level 1 is 3 which leaves you 9 people on your 2nd Level, A 3x9 Matrix By the Levels

3
9
27
81
243
729
2.187
6,561
19,683
Total - 29,523

One Advantage of a Forced Matrix is Spillover. Spillover occurs when you sponsor more people then can fit on your first level. So if we use the Unilevel Example above and Assume Everyone Sponsors 10 You Would not only completely fill your 3x9 Matrix but you would actually have enough people left over to fill a 10th level of 59,049 and partially fill an 11th level of over 170,000.

3 - Fast Start Bonus

A Fast Start Bonus is Seldom the only part of the compensation plan. More often then not it is used as an extra incentive to sponsor more people. The Fast Start Bonus is Typically a Lump sum payment of up to 100% of the First Months Membership for anyone you sponsor

4 - Sponsor Bonus

A Sponsor Bonus is often used with a Forced Matrix. It is usually a Monthly Recurring Bonus and is paid each month on everyone you personally Sponsor.

5 - BREAKAWAYS

Breakaways are used with Matrix Pay Plans. When a Team member reaches certain qualification they break away from your team and you no longer receive the Matrix Pay out on that team member or anyone in that part of the Matrix (the Break Away). You do however receive a Lump Sum Monthly Commission of the entire Volume of the Break Away Unit.

6 - INFINITY BONUSES

Are often Used with matrix Pay plans. They allow you to earn down an Infinite number of Levels if you meet the Qualification. You could be blocked by someone on a lower level who also qualifies.

7 - BINARY PLANS

A Binary Plan is like a 2xInfinity Forced Matrix with a Twist. In a Binary you would have 2 Legs. You would typically earn a commission on the Entire Volume of your weakest Leg. Many binary's have systems in place that may allow you to earn Commissions at a later (via a Carryover) on your Strongest leg.

While the pay plan is important. It clearly is only one small part of the MLM you choose to join. You should look at the whole package, Pay Plan, Product, Automated Tools. Market Size, Start-Up Costs etc.

About The Author:
Mike Makler has been Marketing Online Since 2001 When he Built an Organization of over 100,000 Members

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When considering starting a home-based business, the top MLM companies should be some of your first choices. Names like Amway, Avon and Herbalife come immediately to mind when network marketing is mentioned. Each of these companies has had thousands of distributors in their histories. Chances are you know a few yourselves. Each of these companies is still going strong and deserves a look. But there are a few other top MLM companies that haven’t been around as long that should be considered.

The advantages that top MLM companies have over other opportunities can be summed up in one word: experience. Not only is the general public familiar with them, they are familiar with want the public wants. Their products are time-tested and have been proven to work in homes across the country. When you consider a top MLM company for your business, you are profiting from the experience of others.

Training is another plus to investing in the top MLM companies. They all have superb training and sales support networks that can answer any question you may have. Whether you are a novice at sales or have been a sales professional all your life, these top MLM companies can offer you some new knowledge that you haven’t received before.

Here are a couple of top MLM companies to consider.

• Founded in 1980 by Doris Christopher, The Pampered Chef is on the top of sales performers in the kitchen tool industry. Their associates had over 1 million kitchen demonstrations with over 12 million in attendance. Guests are treated to food preparations, and receive recipes and new ideas for their kitchen at home.

• NuSkin Enterprises, Inc. is one of the leading direct sales companies in the world. In 2002, their revenue topped over $950 million. Their associates sell natural beauty supplements and other personal care products. Currently, they have operations in over 30 countries around the world.

Some of the other top MLM companies you may wish to consider are: National Safety Associates in Memphis, TN, New Vision International in Scottsdale, AZ, Mannatech in Coppell, TX, and L Arome International in Rock Hill, SC. Each of these companies has been one of network marketing’s highest performers in recent years.

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