A College Book Told Me How to Make Money in MLM

March 20, 2009

Currently I am in beautiful Los Angeles California (Smoggy too), just got done with a tour of the USC campus. As many of you know, I am rather young with my start in this industry starting at the sturdy age of 18 up till now at 19. However, age is not a boundary in terms of knowledge and wisdom in my opinion, and a college book I randomly happened upon called the Millionaire’s Mind agrees. And it told me how to make money in MLM.

Rather than intelligence, analytical skill, high SATs or GPAs, it actually came down to social skills when it came to how the average millionaire made it. The book was an empirical study as most college books were, so it gave a lot of data from test sampling millionaires across the USA. The highest ranked skill that benefitted in creating a multi-million empire to them was social skills rather than intelligence. In fact the average GPA of a millionaire was around 2.0!

The Millionaire Mind also gave me some powerful insights into the five eternal truths of building a million dollar empire, which in our case, is a million dollar MLM empire. I think following these 5 insights will help make you money in MLM, and overall just make you into a better person.

Without further ado, here is the 5 things that most millionaires in America believe are the most important, and therefore should be considered heavily by anyone looking to make money in MLM.

1.Integrity- Being honest with everyone.

2.Discipline- Applying Self-Control (This is a BIG one for MLMers, and a big reason why we fail.)

3. Social Skills- Getting along with other people

4. A supportive spouse 

5. Hard work- more than most people

All five of these hold true for making money in MLM. Apply them if you have yet to, and watch the bank account begin to go up. As you take these measures with your MLM business, both your distributors and customers will be far more appreciative of you and your honesty and your overall mannerisms.

All the success in your quest in making money in MLM! :) I know you can all do it, and if you need any help please visit my MLM Resources tab at the top of the page to view my library of helpful sources.

 

-Greg Elfrink


Health MLMs Suck

March 18, 2009

Health MLMs stink. Slugging shakes, peddling multivitamins, drinking the hype from the energy drinks… they’re just horrible. Health MLMs are going on about how their new vitamin 2000x is raising the bar by bringing the dead back to life. Seriously, some of these tesitmonials are crazy fictitious, or even if they aren’t, most cannot afford the overpriced cleansing systems in the health MLMS.

Come on Greg, Health MLMs are Cool

I never would want to sound like the bad guy here ripping on other peoples opportunities, so instead I am going to tell you what a good health MLM would be like. Cause despite the majority of health MLMs dropping the ball, there are some that really do put up the good fight.

A good health MLM is going to have three or so products covering the biggest trends in the health & wellness industry. Which will be in the overall healthy nutrition aspect, weight-loss and of course the virus that is the energy drink industry.

You could have some like MLM health care, but I prefer to stay on the preventive. Some would argue insurance is preventive, but when I say preventive I mean I want to give people a good healthy life not give them a discount so later on they can thank me from their sick beds, “Sure glad I saved those 40 dollars a month!”.

Not my cup of tea.

That is the basics of the health MLM that would have a five-star rating. As with any MLM though you have to have the right MLM resources otherwise you might as well go saw off one of your fingers to make up for productive time loss.

After all, it would be ridiculous to think that a little vitamin could take a credit card for you. Besides, in good health MLMs, that little vitamin is doing way too much good already to add yet another burden on its back.

There you have it, Gregory Elfrink’s take on health MLMs. : )


Why AmWay and Melaleuca are Pointless

March 17, 2009

Steve joins AmWay, he is on the rah-rah list and he is going to make it big. his income goals with AmWay is going to be at least 30 or 40,000 dollars a month. How could he not achieve that goal? I mean, it is one of the biggest and most well known MLM brands out there! It is so stable, who could deny the amazing opportunity that is AmWay? Picking up his cell phone he calls all of his friends and family that he hasn’t talked to for the last fifteen years. Tells them he just started a new business and would like to have them to join! This is when Steve is utterly surprised when they reply that they have no interest in starting a business, and what kind of business is thos anyhow? Confused, Steve is rejected, how could anyone refuse to hop on board with something so large as AmWay?

Samantha joins Melaleuca with the knowledge she has found her new career. The guru in front of the room made it seem so easy! It is going to be a cake-walk, she is going to get a brand new lincoln town-car in two months from the type of money she is earning at Melaleuca. Calling up everyone from her high school and college days, she becomes utterly frustrated as they call Melaleuca a pyramid scheme, a fraud, a scam. It is so not true, she thinks, Melaleuca is a reputable company based all around the world!

Both Steve and Samantha trudge on for another five months in AmWay and Meleleuca respecitvely… then they give up. It’s done. They can’t do it. Their friends and family were right. Thanksgiving will be awkward….

Was It Their Opportunity?

Never. Some opportunities are surely better than others, but both of these companies are very legitimate. They have good products otherwise they would never had grown to the global giants they are. So what happened to Steve and Samantha? They were caught dead with no MLM skills. They had no true MLM resources at their disposal that could grow their business beyond the kindergarten marketing they were taught at the rally. What kind of place is a rally anyhow to truly learn solid, concrete MLM prospecting methods?

The question is then rather than asking how could they fail, is how could they had been successful? Steve was plumber for fourteen years. He knows hist trade well. Samantha was an accountant for a bank for six years. Where did they learn the marketing skills needed to raise a new business empire? Or anything at all about entrepreneurship? Especially in the unique MLM industry?

Both of these people could had succeeded and been very well off if they had taken the time during those six-months to test new strategies and create a real game plan. To schedule networking events in the offline arena and learn how to setup their first online marketing campaign for their MLM opportunity. Rather they attempted the old school method of strong-arming friends and family into the business when those people, most likely, have never had an interest in their life of starting a business.

The Solution?

Learn skills. Learn to prospect. Get Magnetic Sponsoring, read, learn, love it and apply the WHOLE course. It will probably serve you better than fifteen of the rah-rah rallies so many MLM companies dish out.

If you must truly invest in a business skill, invest in prospecting skills. In MLM rather than sales it’s about people. Take the time to learn how to get yourself in front of those people, the right people, the open-minded people, and then the hardest part… do it and reap the rewards of success.


Mike Dillard’s Pay Per Click Domination…Works?

March 16, 2009

Mike Dillard’s Pay Per Click Domation, or PPC Domination co-authored with Jim Yaghi was released not even five months ago. So how well is Mike Dillard’s new Pay Per Click Domination course holding up? Is the merit of its purchase really worth it, or is it just another hollow promise?

Having taken the course, bought it, watched the videos and used it, I have come to some conclusions about Pay Per Click Domination. As with all Mike Dillard’s products such Magnetic Sponsoring and Building on a Budget, they are specifically tied into the MLM or network marketing industries. This is a big help as Pay Per Click Dominaton really is the only course of its kind out there specifically designed for MLMs.

In the videos, Mike Dillard decides rather than making a cameo that he would give full reign to Jim Yaghi, another network marketer who is very skilled in using Pay-Per-Click for his opportunity. Jim Yaghi is an incredibule guide in Pay Per Click Domination and takes you all the way to bulding 3 active campaigns in his course, which are jam-packed full of information.

Jim Yaghi does another thing with Pay Per Click Domination, he actually shows you how to build the marketing of your capture pages for both the opportunity and the products. A unique position, as any network marketer with intelligence knows, the stability of the residual is in the customer not the distributor. Distributors come and go like the wind, customers will stay for their love of the product.

Pay Per Click Domination is a 5-6 hour course, with some extra goodies thrown in. It is jam-packed full of information as per the tradition of Mike Dillard’s family of products. It is advised taking the course two-three times to really soak up all the information there is to be had there; an easy task considering all the videos are just in your backoffice.

Would I recommend Pay Per Click Domination for anyone out there in taking their MLM online? Absolutely! Pay Per Click Domination is THE solution and alternative to huge article marketing campaigns or massive social media marketing. The Pay Per Click Domination gives you credibility instantly, and the chance to generate hundreds of leads a day.

Check it out here:

All the best,
Gregory Elfrink
907-632-6373
www.RecruitMagnet.com