Network Marketing has gained a lot of importance in India in the last decade. This is the platform that combines flexibility of a business and paycheck system of job, to give you best of both worlds. Today in this post, I will walk you through each step required to start and build a successful network marketing business on your own. Grab a pen and a paper and let us get started!
Once you have decided which network marketing company to join and how to sign up with them, follow the steps below to kick-start your business.
STEP 1 : KNOW YOUR WHY.
To be successful in any business, one must first have a dream. Your first step is to determine the WHY. Why do you want to enter network marketing? Is it because you want to be recognised? May be you want to live rich life? A car or a house? Education of your children? You must have a dream to keep you going. Also, ask yourself whether you are ready to commit to it, even if it is one hour a day! In bold, write down your dream.
ACTION – WRITE YOUR TOP FIVE DREAMS THAT YOU WISH TO FULFILL WITH THIS BUSINESS.
STEP 2: DECIDE A GOAL.
Each step is going to build a great foundation to your network marketing business. Now that you know why you want to get in network marketing, the second question is how. With help of this guide and your upline (recruiter), decide long term, yearly and monthly goals.
Long term goal – earn Rs. 1,00,000 a month by 2022
Yearly goal – 2021 – earn my first 30,000
Monthly goal – recruit and train 5 new leads.
A goal will help you stay focussed and a plan will tell your brain what is needed to be done to reach that goal.
ACTION – WRITE DOWN GOALS ON A PAPER AND DISPLAY IT WHERE YOU CAN SEE IT EVERY SINGLE DAY.
STEP 3: TAKE TRAININGS OFFERED BY YOUR COMPANY AND LEADER.
The company you are working with knows the best way to become successful in that business. Thus, follow their training program and learn various tactics to form a successful customer base. Most of the good MLM companies will have excellent training program. This is where choosing a good leader is worth an effort. If you have a good leader, you will have a person to look upon, a mentor to help you grow, and a friend to celebrate small victories together!
ACTION – ATTEND COMPANY TRAININGS AND LEARN REQUIRED SKILLS
STEP 4: MAKE A KILLER ACTION PLAN.
After you have mastered the how-to’s of business, it’s time to put goals to action. Based on your dream, goals and trainings, plan your calendar. Create a weekly task list of the month and share it with your Downline/ team members. Remember, in network marketing business, the more your team members grow, the better.
Your whole action plan must focus on 1. Team members and 2. New personal recruits. You are a leader and you are responsible for the growth of your team.
ACTION – CREATE A MONTHLY CALENDER OF TASKS FOR SELF AND TEAM MEMBERS.
STEP 5: PLAN TO ACTION.
Most of the people stop after planning, successful people convert their plans into reality. While 80% will give up after planning, be a leader and put your effort to convert your dream into reality. Your monthly goals should include
1. Sales of minimum required order
2. Recruiting new team members
3. Training existing team members
This is all you have to keep in mind. All your campaigns must revolve around these three important goals. Here on this blog, you will find how to achieve success in each of these goals, so stay tuned.
ACTION – PUT YOURSELVES OUT THERE AND GENERATE POTENTIAL LEADS, TRAIN TEAM MEMBERS.
STEP 6: REVIEW YOUR ACTIONS.
At the end of each week or month, reflect on what you have achieved, the opportunities you have missed, and what can be improved. Celebrate your victory with team members and learn from the mistakes you made this month. Progress check session can tell you whether you are going to be successful or not, how close are you towards your goal and prepare you to generate affective action plans for the next month.