You all might probably know what Direct Selling or Multi-Level Marketing is by now. It has always been a trend ever since this concept was introduced. Both young and experienced people are entering the field of direct selling in the hope of doing something big in life!
These newly recruited people do definitely need some advice or tips to perform really well, because of their inexperienced in the field. The intention of this blog is also the same. The listed out tips are those delivered by some famous MLM leaders on different occasions of their life.
Top Tips from MLM Leaders – Network Marketing Success Tips
#Tip 1: Opt Intelligently
There are mainly six different things to take care of while selecting the company that you are planning to build your MLM career.The first one is the stability of the network marketing firm. That is how long the company has been in the field of the direct selling business?
The second one is the products and services the company offers. Are the products and services they sell really good and useful for the large and wide consumers out there?
The third one to care about is the MLM Compensation Plans provided by the network marketing company. Check whether they are really rewarding well the direct selling executives, both the newly joined ones and the old ones.
Number four to check is the uprightness of the network marketing firm like the experience of its CEO, his experience in the network marketing industry, background etc. Do they have a good reputation in society?
The fifth one is the present state of the direct selling company. Is it in the growing phase?
The sixth number is the training and support the company provides to its employees. Getting proper training is very much essential to succeed in the MLM business.
#Tip 2: Apply the things that they train us.
For the success of your MLM career, you will be needing to apply the things taught by your network marketing mentors and other experienced people in your direct selling business.
#Tip 3: Check If Your Upline Is Really Cooperative?
The thing that you have to look is whether the persons coming in your upline is really supportive and helpful when you need some clarifications regarding the business.
If the answer to the questions mentioned below is positive, then your upline is very much helpful.
The questions are:
#Tip 4: Give Necessary Care and Attention To Your Downline
When you bring in some new persons to the network marketing business, you should at least provide them with the necessary training and care to them, so that they will be able to stand and proceed in their own legs. Or in other words, they will get the confidence to go off on their own.
The great MLM leaders insist on to spend a minimum of 30 days with the newly arrived individuals. Direct selling business is more about building long term relationships than just being just artificial.
#Tip 5: Always Stay Digital and Updated: Use MLM software, Internet Marketing Tools etc.
All the major MLM leaders tell the importance of staying updated in this present Digital world. Some of the best things you can try doing or should definitely do are using perfect MLM software to manage your work efficiently and smoothly. Other ones are making use of the best internet marketing tools that we have today, like autoresponders etc.
Following up is very much necessary in this type of direct selling business. Automation facilities have made the procedure of following up much more consistent and fast. Try not to use internet marketing tools to just create ‘spams’. It would not give you the required benefits.
#Tip 6: Dealing With Your Business
MLM also follows a pure business format. So all the income generated from one will be taxable according to the rules and regulations of your country. Hence do all the necessary research about the direct selling industry before actually getting into them. You can even consult an efficient lawyer and an accountant so that you can properly manage your business legally!
#Tip 7: Never Quit Your Regular Job Till the Income from MLM Becomes Steady
It’s always better not to quit your regular job until the network marketing business becomes stable or steady! Work for your MLM company for quite some time and make sure that the income generated from your direct selling business is either equal or greater than your present income.
Then only quit your regular job.
The above mentioned are the top tips from MLM leaders who have succeeded in their Network Marketing Business.
Top MLM Leaders in the world
Here is a list of top MLM Leaders of the world that have brought reputation and wealth to the network marketing world and inspired others to join the MLM industry.
Dexter and Birdie Yager
Dexter and Birdie have been with Amway for a long time and now are a part of a network of a million people spread across 40 countries. They are said to earn around $1.3 million every month. According to Business for Home their lifetime earning stands at $460,000,000.
Rolf Kipp, Forever Living Products
Rolf Kipp is a multi-millionaire built by network marketing by affiliating with Forever Living Products. By receiving a bonus of €900,000, Rolf Kipp became the first direct seller to receive such a huge bonus in the year 2013.
Nathan Ricks, Nu Skin
Nathan Ricks of Nu Skin is said to earn an income of $210000 per month and has estimated life earnings of around $58,000,000, all earned majorly from his network marketing. Nu Skin is a network marketing or MLM company that sells dietary supplements and personal care products.
Susan Peterson, Herbalife
Susan Peterson is one of the top product distributors at Herbalife who earn around $240000 a month. She entered Herbalife with her former husband and soon found huge income being generated from the business. Her lifetime earnings are $55000000.Herbalife is an MLM that deals with selling personal care products, sports, weight management and sells nutrition supplements.
SP Bharill gained considerable experience and wealth by joining Amway which is a leading and popular health and wellness MLM company. He is also a successful and highly regarded motivational speaker apart from being a brilliant Multi-Level Marketer.
Recommended Read: Top 200 MLM Earners in Network Marketing
When people are not properly guided, the MLM industry can become confusing, and many people will fail in network marketing. Therefore it is crucial to get solid counsel and follow top leaders who have amassed significant fortune and fame by joining MLM firms.