There is a psychology of success in network marketing that hits at the heart of all successful top MLM earners. If you stay focused, success is yours.
There is a lot of excitement generated when like-minded people see the vision in the form of potential wealth, through the vehicle of network marketing.
I remember when I first caught the fire. The compensation plan was a little hard to understand, but I understood enough to see the potential in growing a very large organization.
Over time, a lot of us lose that fire. Reality kicks in, as we hear, one too many, individuals ask the dreaded question, “Is this a pyramid scheme?”
Psychology Of Success Principle #1: Building the Foundation
It can be a little disheartening to realize just how much work goes into becoming a successful network marketer. If you use an Internet marketing model, your journey isn’t necessarily easier; just different.
When you really think about it, you have to keep in mind that everyone that joins under you, for the most part, will feel some of the same emotions and insecurities about putting in the work.
Building the foundation is about putting in the time and effort to get content up and running. It doesn’t have to be great, but it has to be done.
The faster you build it, meaning your website or blog, the faster you will see results. This is the psychology of success in action. My advice is that you get busy writing blog posts, putting up videos, building your email list, and interacting with social media.
It’s up to you, just how fast you build your online presence.
Psychology Of Success Principle #2: Work the Numbers Game
There is really no way of telling just how many recruits you will need before you start to produce a true residual income. The reason for this is simple; not everyone you bring into the business will stick around, and not everyone is going to produce new recruits.
Attrition and non-performance are very common factors with network marketing.
My suggestion is to work recruits in blocks of 25. That’s a large enough number to begin seeing the ratio of your downline group performance.
A good goal is to work toward getting 75 to 100 recruits. It may not take that much, but why leave it to chance? Most top performers have enrolled around 100 recruits or more.
Be sure that you integrate content building with email marketing. The goal is to set up marketing funnels that allow you to collect names and e-mail addresses. The psychology of success dictates that you work the numbers.
The more valuable content that you put up, the more website visitors you will receive.
There are a few ratios that you will want to figure out:
- How many visitors come to your site before you collect an e-mail address?
- How many e-mail addresses do you obtain before someone signs up as a recruit?
- How many recruits do you need to sign up before you come across someone that’s willing to put in the work of building their online presence?
These are just a few things to consider, so that you don’t get discouraged about the fallacies of building a network marketing business.
There is a definite psychology of success, and you will begin to see a pattern, the more work you put into it.
Wishing You the Best,
Greg Jackson