A College Book Told Me How to Make Money in MLM

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

Building Attraction Part 2

The Five Means of Gaining Attraction

In our last installment of Building Attraction, the road of using attraction marketing for network marketing triumph, we discussed some general things of what Attraction is and why it is so effective. Now with that said we can move on describing ways to attain Attraction in your network marketing business, and more importantly, your life.

You may be saying if I am new to network marketing how will I come off as an expert? An old adage is “Fake it till you make it”. Many look down on that phrase, consider it a farce, a posing if you will. While at the start of your journey it will be posing, it is still the truth. The fact of it is as you approach anyone about your business who has never been in a MLM, makes you the expert. Even if you been in the company for only five minutes.

You know more about it then them. You are the expert.

It is the part of coming off as an expert instead of an overexcited new business owner that is the tricky part. You may have to fake your own Alphaness till you truly believe it, once you believe it truly, you will truly become an Alpha. As funny as that sounds and as simple as it may be, it is the honest truth.

Belief always comes before results. Without belief you cannot market your business in a way that will excite others. They will hear your disbelief in your voice and will be turned away from it. So how do you increase your attraction, position yourself as an expert or Alpha, and sponsor an endless stream of leads effortlessly as they contact you instead of the other way around?

Back when we were still cave man, an Alpha would rule us through brute physical strength and mental agility; Their hunting prowess and protective capabilities. Nowadays in our modern age an Alpha is most attractive who have obtained these five means and have made them at their disposal by deeply cementing them into who they are.

Remember, just because you may not yet have these qualities, it is just a benchmark on your journey through Attraction Marketing till you do acquire them through study and observation.

Business-Savvy
Anyone, even the newest to network marketing can become business savvy. Even if it is only on your own opportunity. Learn it, live it, breathe it. Study your compensation plan. Always be able to answer any questions aimed at your opportunity, even if you have no idea what the answer is just say “I don’t know but I can find out.”

It will empower your stance rather than disengage your prospect from you.

Buy some business books, maybe some copy writing tutorials, go to some financial seminar. Learn about businesses even if they are outside of the network marketing industry. Knowledge is value and in this information age, knowledge is also million dollar-success seeds.

Sociability

The ability to communicate is paramount in any industry you join, network marketing or other. One must learn to handle people, understand them and strive to motivate them to achieve their dreams and accomplish their goals.

This also falls into the capacity of how much of a leader you can be. In the land of Attraction Marketing this is probably the most important skill to pick up and really implement. Read books on communication, join a group of public speakers, get out and talk to people by signing up to random meet ups, or just talk to the guy next to you at the next seminar you attend. The best book I recommend to begin your language engineering skills is How to Win Friends and Influence People by Dale Carnegie or Remember the Ice by Bob Nicoll.

In our age of troubled communication due to the advance of technology, this is even a more vital skill. People are forgetting how to talk to people. It is a great time for you to take advantage of that and learn how to say to them that you can.

Monetary Means
Having the money to do what you want, where you want, when you want, is the biggest social proof there is of being an Alpha. It means somehow or somewhere along your life you added enough value to people that they were willing to provide you with this life of luxury.

I say they provided it for you because in the end no one is selling anyone here. Rather the tools we use to share our opportunities and products are designed to prompt the person to say yes or no based on their current desires in life, which are always subject to change.

If you are reading this series on how to build your attraction and succeed in attraction marketing, you most likely have yet to gather this means in building your attraction.

That is fine

You are working in an industry that will provide it for you if you treat it well and add value to yourself. As you go this means will be unlocked to you as you raise your Alpha status and become a better networker.

Education

One of the prime-ways to succeed in your attraction is how much knowledge you have to offer your prospects. Do you come off as if you know the whole history of MLM, or as if you know the last five minutes of it as you filled out an application? Very important distinctions!

Focus on a niche to begin with. Buy books on building your attraction, programs or courses. Or if you want to get more into writing advertisements and sales pages, buy books on effective copy writing. Whatever it is that you want to become good at, find it, buy the courses from people already successful in it, do what they say and learn the pitfalls and success strategies that go with whatever you learn.

Also as you build your downline always emphasize that they too improve their education. Recommend books, tapes, cds, anything that will increase their value.

Power Through Association
This is different from a means, rather an effect that Alphas will have as they implement the above four means. As you build your downline it is important to know that the power and attraction you generate will directly result in the motivation of those you sponsor into your MLM.

If you are mild in your level of attraction, your downline will have mild results in their own efforts on average. However if you are booming with the Alpha aura, when you tell them to jump they will fly. When you reach the Alpha level they will never want to fail you, because failing you means having your protection drift away from them.

It is important to realize that everyone you sponsor into your downline gains power just by being associated with you. By being with you they gain the confidence to succeed that they were unable to attain alone.

It is than even more important to take these followers and potential pre-Alphas and turn them into Alphas in their own right. When you do this difficult form of duplication, your business will succeed to greater extents than ever before.

You know the means but do you know the psychology? You will never know how to become a guru of attraction marketing without staying in tune for the next in our series The 2 Most Important Lessons of Attraction

Want to know more? Stop cold-calling and learn how you can generate 20-40 leads daily by becoming an Alpha. CLICK HERE for a FREE 7-day video boot-camp that will change your business forever!