How to be successful in Network-Marketing the 10 key steps – Step 2

How to be successful in Network-Marketing the 10 key steps

Step 2

Remember Step 1 was – Make a decision to take personal responsibility for your life

Step 2 – Set clearly defined personal and business goals and by when

“A goal is a dream with a deadline”– Napoleon Hill

When you join a network marketing company you are becoming a business owner and as such you need to set goals for your new business. This is critical; if you fail to plan you are planning to fail!

What do you want to achieve in your life, that is the question, then commit it to paper.

Personal Goals
Set personal goals for yourself and the family, things you want to do, places you want to go. Set a 6 monthly goal that can be achieved and celebrate it when you achieve it; also one year and three year goals.

Create a ‘Vision Board’, put on the board all of the personal things you want to achieve, (pictures of cars, houses, holiday destinations, etc). Put the Vision Board in a prominent place where the whole family can see it on a daily basis. It will pull you to the future.

Business Goals
These are the monetary targets you want to achieve with your new business. Again 6 month target one year and three year goals. These will link to your personal goals in that the more money you earn will allow you to hit your personal targets which are the key drivers.

Accountability Buddy
An accountability buddy is a person you can be responsible to. Someone you can ring on a daily basis and discuss what you have done. Call only needs to be 5 – 10 minutes, long enough for both of you to understand you are both are focussing on the result.

How to be successful in Network-Marketing the 10 key steps

How to be successful in Network-Marketing the 10 key steps

Background

NM is now recognized as a worldwide phenomenon and is growing rapidly, $178 billion annual sales, almost 100 million people working in the industry and $200 million being paid out in commission payments every day. Why it is being called the business of the 21st Century? Because — “It allows people with very little investment and with no cap on income earned to change their lives completely”

Wow, so why are you still sitting on the fence? It is probably because you lack the knowledge to make an informed decision as to whether network marketing could be the answer to your concerns for whatever that could be for you, examples are, shot-time working, (need more money) inadequate pension, hate your job, stress, work/life balance, meet more people, create a legacy and lots more.

Over the next ten weeks I will post 10 articles on how to become successful in network marketing. I have now worked in the network marketing profession for 10 years and I love it with a passion and want to tell you how it has worked for me.

There are 10 key steps you need to take to become a true leader in this profession and I will go through them one at a time by telling you my story over the last 10 years.

My Story

11 years ago at the very young age of 50 and having just been made redundant for the third time in my life two things were staring me in the face, ageism (you all should be very well aware of this phenomenon in the UK) and I had an inadequate pension. I call this my defining moment, my wake up call. Did I think I could get another job as a production manager at 50 with the salary I considered I was worth, no chance. It was time to move on and I made a big decision, to work for myself for the rest of my life and take personal responsibility:

Step 1 – Take personal responsibility for your life

I brought a franchise with a business partner that cost £22,000. I also decided that I needed two income streams and I joined a network marketing company for the first time in my life. For the purposes of my 10 articles I am going to concentrate on my network marketing journey, I will reference the franchise business only briefly.

Network Marketing
This is where it all starts. You have just made a decision to take personal responsibility for your life and until you absolutely decide to do this then you will not move forward. When you join a network marketing company you will have your sponsor, you will also have an upline who are the people above you in the business. They will also call you on a regular basis and will be helping and encouraging you.

But here is the key point I want to make here, the company you join is the vehicle you are using to get you to where you want in your life. Yes find a good company and we will expand on this in a later post, but do not blame the company when you are unsuccessful, you failed.

When you go to company events you will meet lots of people who are successful, walking across stage collecting their new pin level. You should be sitting there thinking, “if they can do it so can it”.

Bottom line you are responsible to the image you see in the mirror, period. You know the effort you are putting into the business. Network marketing is a transparent business where effort equals reward, lots of effort equals lots of reward. There are no hiding places.

I meet lots of people who have dabbled with lots of network marketing companies who then tell me it was the companies products or compensation plan that were not good enough, so they tried something else. These people are not looking into the mirror.

I will add a caveat here in that it is perfectly acceptable to move companies for the right reasons that are linked to business decisions.

“It is in your moments of decision that your destiny is shaped” – .Tony Robbins

So you have decided to Take Personal Responsibility for your life what next?

Look out for Step 2 my post next week.

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