Wednesday, December 26, 2007

Take an expert to lunch and get cheap advice

Last week I had lunch with Chris Gullo. I like taking Chris to lunch as he shares his best business-building ideas. This time Chris told me how to get a distributor to BELIEVE that he or she can move $20,000 in product a month.

To get a new distributor the vision of moving $20,000 product a month, this is what Chris says:
"You could go out and sell $20,000 of products personally, but that would be a full-time job. So why not consider sponsoring just one person? Then each of you would only have to sell $10,000 of product each.

"Or, maybe you and your new distributor could each sponsor one new person so there would be four of you. Then you would only need to sell $5,000 in product each.

"But if you really wanted to make it easier, maybe each of you could sponsor just two people each, etc., etc., etc."

What a great way to help a new distributor BELIEVE that it is possible.

By the way, lunch was only $14 for both of us at my favorite Mongolian restaurant.

Saturday, December 8, 2007

Speak their language - cash

Tell your prospect how the cash flow from his networking business can help.
If your prospect is a real estate investor, say:

"What if your MLM income was only $100 a month? You could use that $100 to eliminate the negative cash flow on one rental house. In 20 years, your rental house will be paid off. You'll own a free and clear title to a $300,000 house."

Saturday, December 1, 2007

When you don't have time to build a relationship.

When you contact a referral, or when you call a prospect from a list of leads, you don't have days or months to build a relationship. So how do you present your opportunity?

Don't start with all the neat benefits of your opportunity. Don't tell the prospects about the wonderful bonus checks, the trips, the cars, the incredible products, the company founder's background, etc.

Instead, remember that people buy things to solve a problem.

So position your presentation to solve a problem for your prospect. Talk about how your opportunity will make it easier for the prospect to take more time off work, how your opportunity will make it easier to pay bills with that extra check every month, or how your opportunity will provide the extra car for the spouse.

Prospects don't care how great your opportunity is. They simply care about their problems.

That's the shortcut when you don't have time to build relationships.