IDIOT's Guide on increasing Loyalty, Retention Rate

Alright let's face it. If you have already done network marketing you are going to relate with what I say. We know that in M-L-M, like any other business, most people aren't going to make it. Most people are going to leave. Most people are going to quit BEFORE they are successful. Most people don't commit themselves. Most people don't value spending time training themselves. Most people won't put in the time necessary to actually work their business.

After spending months of recruiting in my network marketing company and sponsoring hundreds of people I noticed that I was the only active player and the only person that was doing the works. My upline quit, my upline's upline quit and my upline upline's upline quit. Sure I was devastated at first but after studying the situation I understood the reason why and these are the common IDIOT reasons of quitting:

You can learn how to spot these greedy uplines
in one of my posts

1. There was a ton of greed and ego in the company

2. There was no upline support

3. There SEEMS to be a better company to join

If you ask me, everything was on the line for me to quit. However, a thought came to my head: All were reasons for the 'AVERAGE' person to quit. 

Though I couldn't deny that my uplines were snobs and are ony thinking about how much money they can make (one of them has even manipulated the money of his group and left off with it), my upline support is fading and a new company has just emerged and has tempted me to join in. I stepped back and decided to think of these factors as an OPPORTUNITY.

I reversed those factors and make it work for me. In fact I was glad that there was a 'clearing' of these junkies that will pave way for me to move to the top. The market for MY prospects has dramatically increased!

It is about time to HELP and TRAIN my downlines and monopolize the market with my core group. If you train your downlines, your retention rate goes through the roof. Their loyalty goes to you and will follow you wherever company you will go. 

HOW TO TRAIN YOUR DOWNLINES will soon be posted. ^^

How to Inspire Your Team

Listening to this guy just nailed me out of words.

If he substituted the words:
Baseball team = Networkers
Yankees = You rival network or team


then he'd be a millionaire.

Goal Setting: The Proactive Approach to Network Marketing (Part 2)

Short Term Goals: The First Person You must Recruit is Yourself

Becoming a networker is just like any other desire you may have; you must define the desire before you can hope to realize it. Therefore, the first step toward becoming a networker is to establish a picture in your mind just what a millionaire networker "you"  would look like, sound like, feel like, and even smell like. In short, you need to determine just how a millionaire "you" would appear in your own mind.

As I've said before, the image you hold of yourself is the one that others around you are most likely to perceived. Thus, the focus of this short-term goal is really upon recruiting yourself. That's the first step in recruiting someone else. I remembered when I was trying to recruit someone without even understanding the company plan myself was like... ugh.

Your short-term goal, then, is to make a commitment to become the richest, philantrophist, alluring, most charismatic and influential that you possible can. Here's how to do it:

1. State your goal to yourself. Make it very basic: "I want to become a millionaire" or "I want to become a networker." Don't worry about concrete definitions of what that means; for now, it is important only that you acknowledge that you want to achieve something.

2. Write down your goal. You'd be surprised what a difference that will make in turning your future goal into a reality.

3. Decide on a period of time in which to reach your goal. But here's the trick: Make the time period short enough that you will have to actually work toward your goal, but make it long enough to be realistic (so you won't give up before you've even begun.)

A good rule of thumb for short-term goals is to allow yourself between 30 to 90 days. That way, you will see your goal as something you can realistically complete within the time allowed, yet there will be enought time pressure to get you moving, working toward making it happen.

4. Be sure to write the time frame down alongside the goal. Now it's official: You've made a commitment to yourself, so keep that commitment!

Long-Term Goals: Recruiting Who You Want

Once you're on the way to becoming the new you, it's time to begin focusing on your second, more long-term goal. You will commit, in the next 6 to 12 months-however long you think is reasonable-to recruiting the caliber of people you're interested in joining your business.

While this may seem like its own independent exercise, remember that this goal is closely related to your short-term goal of becoming a millionaire. For one thing, you will have little luck recruiting someone of you haven't honed your networking quotient. Conversely, you will want to enhance those qualities in yourself that will be desirable to the kind of people you are looking for.

A good fisherman learns what bait works best for each kind of fish he or she wishes to catch, and uses the bait most likely to attract the fish being sought. Granted, attracting a romantic partner isn't as rudimentary as catching fish, and recruiting should be much more than bait; but the basic principle is the same for both activities.

Here's how to create your long-term goals for recruiting people:

1. Form a general picture in your mind of the kinds of people you want to recruit. At this point, don't get too specific.
2. Sit down and write out a list of their characteristics these people and why you want them on your team.
3. Imagine a type of person who passes all your critical criteria. When you get a good picture of that type in your mind, expand your mental picture a little, and imagine what that person would be doing in his or her spare time.
4. Expand that mental picture a little more, and imagine where the person would be pursuing that favored activity. You now have a clearer picture in your mind of where to find these prospects.
Finally, write down your goal: For example, "Within the next 90 days, I am going to meet at least 20 prospects and going to sponsor at least 5. To accomplish this, I will do the following..." Once again, you've made a commitment to yourself, keep it up.

Idiot’s top list of Networking/MLM Businesses in the Philippines, the highs and lows

So you are an aspiring networker aren’t you? I assume you are in the brink of joining a ‘once-in-a-lifetime business opportunity’ and have been given a presentation by marketing guys about their business that is labeled as the ‘best kind of business’ that exists.

Or you have been joining networking businesses but you haven’t been able to get that kind of money you wanted and are still in the process of finding the ‘right’ networking company for you.

If the above were your assumptions then I guarantee that YOU HAVE BEEN LIED TO. It hurts but yes.

Now let me give you my Idiot’s Critical Analysis of the list of Networking Businesses in the Philippines.

1.       Unlimited Network of Opportunities

Minimum Pay-in fee: PHP 7,300.00

Product worth upon membership: PHP 2,500 (34.2%)

Highs:

This company has one of the most number of members in the country and perhaps in every city that I have been in there is a branch or office of UNO.  In fact this is the first network marketing company that I have studied.

 It also has been featured in various TV shows such as Umagang Kay Ganda and is the most advertised MLM in the country.

Lows:

 As there are a lot of members, its members are an annoying bunch of people (No offense). Just look at how negative it was featured in GMA’s Imbestigador not so long ago!

Worse, the return product of 34.2% is a gross violation if it is to be marketed in the US. The attorney general in the US had a court ruling that AT LEAST 70% of the pay-in fee must be returned.

Idiot’s Analysis: With the surge of members and low immediate return of investment, you need to rethink about joining as you may just opt for bankruptcy.                                      

 2.       Vera7 Group Consumers Cooperative

Minimum Pay-in Fee: PHP 770

Product worth upon membership: PHP 750 (97.4%)

Highs: This is the youngest networking business out there which has already produced 7 millionaires on its first year of business. It also has the lowest pay-in fee and the highest pairing bonus (270 or 35%) including the highest discount (40-50%) on all products. It is also one among the few with indirect referral bonus which is always a plus in networkers.

Lows: The safety net of this company gives a big frown to its members. Every third pair is not in cash but in product. It’s 1:2 and 1:3 pairing safety net is also a stumbleblock for aspiring millionaires in this business though this can be adjusted by purchasing multiple accounts.

Idiot’s Analysis: For starters, this is the best networking business to join due to it’s lowest risk. Even veteran networkers can take advantage of this low pay-in fee.

3.       Royale Business Club

Minimum Pay-in fee: PHP 12,888

Product worth upon membership: PHP 13,000 (more than 100%)

Highs: Joining this networking business and you get discounts on food franchises and discount coupons on METRO, LAFFLINE and PUNCHLINE which are mostly comedy bars. Food Franchises can also be bought with the membership fee deducted from it.

Lows: The franchises offered are accused by many as non-profitable as they are not popular and only created just for the value of uniqueness from other businesses.

Idiot’s Analysis: If you have moved heaven and earth trying to recruit a person with a pay in of less than PHP 5,000 then how much more comfortable are you trying to recruit a person with more than twice that price?

4. AMWAY

                                                                                                                                        

Minimum Pay-in fee: PHP 2,000

Product worth upon membership: PHP 1,000 product and another PHP 1,000 N21 Training Kit

Highs: Amway has stood the test of time as it started 1959. The Network 21, a company consisting of a group of ‘diamonds’ does it job by training the new members providing them CDs, pamphlets and the like. It’s retention increases due to the Network21 company.

Lows: The Network21 would make sure that AMWAY members will purchase products and make money out the networkers themselves. They would even tell that it takes ‘A YEAR’ of training before even trying to recruit. Obviously they are trying to sugarcoat the reason why networkers are not profiting as it takes ‘time’, a lot of it.

Idiot’s Analysis: AMWAY is the best company in terms of international and perhaps even in national support. However, to compete with members that has started since 1997 that it came to the Philippines is going to be a tough challenge. Better opt for a new company. This one is the network company that is good to start though because you get training. Once you get bored then move to another one and carry your downlines with you. Be prepared for their complex company plan.

---oh yeah one thing to remember in going to their functions: you would always hear the phrase ‘me and my wife’ obviously they were inspired by Louie Carillo… and his wife.