Top 3 Mistakes Network Marketers Make

When you first start out in a network marketing business, there are some mistakes that are often made. Hopefully some newbies (and even seasoned marketers) can avoid those mistakes with my help.

The first mistake you may make as a network marketer, is that you might underestimate the number of people that you need to talk to in order to be hugely succesful. A lot of people would like to believe that they can just find a couple of people that are interested in the business and in starts rolling the residual income. In reality, most people say "no" to the business. In fact, it's only about 3% of prospects that will join you in the business. It's important to have the mindset of what Mark Weisser calls "the SWs": Some will, some won't, so what, somebody's always waiting.

The second mistake is not taking action. So many marketers join in a business, then spend weeks and weeks, studying and trying the product, studying the corporate web site, trying to learn all they can about the compensation plan. That's a mistake because it doesn't generate anything. When you first sign up into business, you are so excited...that's the perfect time to recruit new reps because you generate excitement in other people. Keep that excitement rolling, it's infectious. Don't wait until you know everything you possibly can.

The third mistake would be in trying to sell and convince someone. First of all, people don't like to be sold. People like to buy, but they don't like to be sold. And you should not try to convince someone to join you. If you have to spend a ton of time convincing them to join you in your business, you are going to have to spend that much more time trying to get the prospect to actually DO the business. It's completely not worth it.

What you want to do is interview your prospects, and actually make sure they are someone you really want to work with. Then you give them the information about the product or service by sending them to a web site, a video, or a live presentation, and then let them decide. You don't need to chase after them. If the business is right for them, then it's a win-win for both of you.

If you would like to learn more, check my personal web site: http://www.raemcgaughey.com/

So What About Marketing On A Budget?

So if you're just starting out marketing, and you only have a little bit of cash on hand, how do you get up and running and get noticed and get prospects to your web site?

Well, there are several ways to do it without spending an arm and a leg.

When I got my first web site up and I was all excited and just revved up to go out there and tackle Google PPC advertising, I thought I knew what I was doing, and I ended up spending thousands of dollars for a few hundred leads...and only signed up a couple of people into my business. What a shock that was after a few months. I was pretty disappointed and broke.

I knew I had to find a better way to get seen, without spending all that money - especially money I didn't have! My budget was pretty tight. So...I learned some other methods of advertising that work quite well.

One HUGE way of advertising right now is to get videos up on YouTube. Right now it's free, and YouTube is watched more that television these day! Unbelievable! So maybe you're a bit nervous to put up a video...I think everyone feels that way at first. But after a few vids, it becomes easier and easier to put yourself out there in front of people. And it can be fun too!

Another way of advertising would be to write articles. It's mildly time consuming, but once you submit your article and you start seeing your work out there, and it's organic traffic and free leads, you'll understand that a few minutes writing articles every week is totally worth it. Ezinearticles.com is the most trafficked web site in the whole world. I would definitely start there!

Of course there are blogs, like this one. Blogging is another great source of providing traffic to your web site. And they are also fun because you really get to be yourself in your blog.

I use all three of these methods for my business and I found that it really does pay off to be constant and consistent.

If you want to check out more about what I'm doing, check out my web site at http://www.WealthInMarketing.com.

Treating The Home Business Like A Real Business

If you've walked the trail of tears and are a seasoned network marketer like me, you've most likely been in a few different companies and may have even failed in those companies. What went wrong? Why weren't you able to just set up shop and start raking in the dough?

I have found that one of the reasons that most marketers fail is that they treat their businesses like a weekend hobby and not like a real business.

Most of us are trained to work for other people and not work for ourselves. So we always have that "employee" hat on and not the "employer" hat on. If you're an employee, you're probably just waiting for someone to tell you what to do. If you're in a business for yourself right now - would you hire yourself, or fire yourself? In the past I would have fired myself many times over.
How do you find the discipline to really get out there and put the employer hat on?

For me, it took a ton of education about what to do first. I still educate myself every day. Now I find that I have the discipline that it takes to be my own boss, and understand that my business is real, and not just a hobby that I throw money at.

Treating the home business like a real business is truly a necessity in order to see the success that we all want from our network marketing businesses.

By the way...if you want to know a little more about one of my fun business ventures, visit my site at Wealth In Marketing.com.