MLM Training- The Power of What Your Time in MLM is REALLY Worth

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MLM Worth of Your Time.

What if you could discover what your time is REALLY worth in network marketing?

How would that help you in your home business?

Would you like to know?

A friend of mine of 15 years, Richard Brooke, CEO an President of 2 network marketing companies was recently interviewd on the Home Business Radio Network and he sent me somthing afterwards which blew me away. I want to share that with you. It truly is briliant.

It gives you the actual numbers that your time and presentations are worth and really does a great job in explining it.

Here is it:

WHAT IF?

What if building your network marketing empire was actually fun and easy?

What if we changed the way you got paid?

And you got paid $200 for everyone you enrolled?

Or $50 for every presentation you made?

Or $5 for everyone you invited just to take a look?

You might see an hourly wage opportunity … invite four people an hour and earn $20 an hour.

Or piecemeal … $50 for every presentation

Or more of a commission opportunity where you would earn $200 for everyone you enrolled.

Which would appeal to you?

If your company paid you $20 an hour to invite and only to invite, could you make it fun? Could you invite a lot of people?

What if you were paid $50 for every presentation you did? Could you make that fun?

What if they paid you $200 for everyone you enrolled as a builder? How many could you enroll? How many would you?

Or maybe you have an investor’s mentality, and you think about doing something once and earning income on it forever.

So how many people would you enroll if you earned $100 a month on each person forever? Think about it. You enroll one person, and you earn $100 a month on them forever.

That makes each of them worth an income producing asset of over $25,000. That’s how much cash you would need to invest with 5% annual interest to earn $1,200 a year. That’s how much real estate equity you would need to earn $1,200 a year in rent.

Now consider the question again: how many people could you enroll as business builders if each added $25,000 to your net worth?

We make this profession hard because of how we think about it. And because we make it hard, it becomes hard and we don’t do much to make the opportunity work.Hard becomes a self-fulfilling prophecy. But if we understood the economics and the math so well that we actually understood how fun and easy network marketing can be, how much more would we make of the opportunity?

If you invite two people a day to “just take a look,” that’s more than 500 people a year. Now 500 sounds hard, but only two a day—not so hard.

But still it conjures up the question … “Who am I suppose to talk to?”

And that’s a question that comes from thinking the opportunity is hard.

If I paid you $100 for everyone you invited, who would you talk to? You would talk to anyone and everyone!

Every profession has its batting averages. In baseball, we know that the average professional baseball player gets a hit every fourth or fifth time at the plate. The average MLB player earns $2,000,000 a year on those averages.

Network marketing professionals have been doing this for 50-plus years, and with over 475,000 people a week enrolling in a network marketing company somewhere in the world, we’ve got proven averages, too.

If you will allow your mind to wander with me and believe in the “inevitabilities,” I will show you how …

  • Everyone you invite can be worth $5.
  • Everyone you give a presentation to can be worth $25.
  • Everyone you enroll can be worth $100 now and $100 a month for the rest of your career.
  • And how each person you enroll can add $25,000 to your net worth.

These are the batting averages of the Network Marketing profession:

  • Invite 5 and you’ll get the chance to present to 1
  • Present to 3, and you’ll enroll 1 as a business builder
  • (If you use “leapfrogging” as part of your presentation technique, you can enroll 50-75% vs. 33%!)

So invite 15 to enroll 1.

Here’s what a typical month would look like using these averages:

  • Invite 52 people—less than 2 per day.
  • Give 10 presentations.
  • Enroll 4 business builders.

After 12 months, you’d have 48 business builders in your group.NOTE: Pace of play makes all the difference in the world. If you enroll 48 business builders over a two-year period, you wouldn’t get 50% of the results but more like 10% of the results. The people you recruit will build like you do, and if you move slowly, so will they! Doing all this in a year creates a fire in your business.

I have been a full time Network Marketing professional since 1977. I know very few people who have ever sponsored 100 people in their entire career. Many people I know who earn $50,000 or more a month sponsored 100-200 people, max.

Now 48 people is a lot in one year, but when you make it fun and easy … it really is fun and easy. And most importantly, it will create an organization that explodes. If you recruit 48 business builders in a year, you’re probably going to end up with 12 hard-charging leaders following the same plan you did. Out of the 12 hard-charging leaders, you will have four who do as much or more than you did … meaning they will be on a pace to sponsor 48 themselves.

Why? How do I know this?

Because you led. Not with words and directions but with massive action, and you made it look easy and you had fun. People follow easy and fun. People follow the money trail. They don’t want hard. Because you built a business that was on fire, they came to add wood to the pile.

Each of your four superstars will accomplish something similar to you, so by the end of their first year (the end of your second year) they will each have an on-fire business of their own. They will each have 3, 4, 5 or more superstars. At this point, you will be empire building, and you probably could not stop the growth if you wanted to.

We could say everyone else quits. But the hard-chargers will charge on and duplicate themselves. So let’s say the hard-chargers keep doing what they’re doing. How many people will you have in your group after just three years? 

  • You
  • The 12 you recruited
  • The 144 they recruited
  • And the 1728 they recruited!

 If each hard-charger uses and sells just $200 a month, your business is producing $376,800 a month in sales. If you earned an average of 7% on each sale you would be earning $26,376 a month.

You can start to see how easy it is.

  • Each of the 48 you enrolled: $549 each … every month
  • And the 144 presentations you gave: $183 each … every month
  • And the 500 people you invited to “just take a look”? $52.75 each … every month.

Now I know what you are thinking, Mr. or Ms. Make-it-hard. You’re thinking that you don’t have a prayer of earning $26,000 a month.

And you are right. That is a very long shot. The odds are against you.

But do you know what the aerodynamic odds are of a bumble bee flying given its weight and wing span? Zero. It is actually impossible. Good thing for them they don’t read.

You might ask what the average person earns. The answer is nothing. Average people make it hard and don’t ever get out of the batter’s box.

So let’s say you earn just 10% as much as the example above.

  • What if everyone you invited was worth $5 … but $5 a month forever?
  • What if everyone you presented to was worth $20 … but $20 a month forever?
  • What if everyone you enrolled as a business builder was worth $55 a month forever?

When you give each activity the right price tag—a reward high enough to make it easy and fun and worth it—then easy and fun and worth it become a self-fulfilling prophecy

 There is is! Hope you enjoyed it, and if i were you, i would make a copy of this, and also I encourage you to visit Richards’ website:

Bliss Business.

This will truly help you in your mlm network marketing business!

FREE mp3 download- The 7 Biggest Mitakes made in Network marketing NO ONE will Tell You

FREE Social Media Recruiting ebook- Social Recruiting Power- over 50 secrets!

blessings…doug firebaugh

(c) 2102 all rights reserved

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About Doug Firebaugh

Doug Firebaugh is the CEO of PassionFire International, a success and leadership development company for the Home Business industry. Doug is one of the most sought after speakers / trainers / authors and consultants in the Home Business / MLM profession. With over 25 years of Success and experience, plus a Billion Dollar Success story, his trainings and coaching have helped CEOs and Presidents of Home Business corporations to experience unprecedented growth. He has coached numerous organizations and downlines worldwide beyond their barriers and limitations, to a level of success they only once dreamed of. What can Doug Firebaugh DO FOR YOU?

Comments

  1. Andrew Magee says

    *** THE POWER OF OUR MLM TIME IS SUPER VALUABLE AND LOOKING AT THE BUSINESS FROM THIS
    ANGLE MAKES IT ALL WORTH WHILE. IT IS IN THE PURSUIT OF YOUR GOALS WHERE YOU FIND
    HAPPINESS NOT IN THE ATTAINMENT OF THEM, SO MAKE YOUR JOURNEY EASY AND FUN *** ANDY MAGEE

  2. Doug thanks for sharing this info – whoooo – i get overwhelmed thinking of how i can process this info, then pass it on to my future recruits and how significant it is going to be in their success !!! sinking my teeth in this program !!! This article hits home – it discribes so many obsticles i have lived thru and cried over – but i’m turning that page and i’m going to work thru them with your help.

  3. OMG, is actually what I said when I came to realize that I was not getting where I wanted to be by letting others dictate my time, money and most of all, freedom. Freedom to live my life on my terms. It isn’t want happens to us in life that counts, it what we do about it. I have finally made the change to do something about it.

  4. Tim Johnson says

    DOUG !!!!!!!!!!!!!!

    This is what you have been trying to get us in the Mastermind to SEE and wrap our heads AROUND!

    Here’s what a typical month would look like using these averages:

    Invite 52 people—less than 2 per day.

    Give 10 presentations.

    Enroll 4 business builders.

    “After 12 months, you’d have 48 business builders in your group.

    NOTE: (emphasis added) PACE OF PLAY MAKES ALL THE DIFFERENCE IN THE WORLD!

    Did You Get That??

    PACE OF PLAY MAKES ALL THE DIFFERENCE IN THE WORLD!

    Thats’ why you HAMMER HOME, time, after time, after time, after time, after time-

    YOU MUST BE OUTRAGEOUS ASKING!!!!!

    If you enroll 48 business builders over a two-year period, you wouldn’t get 50% of the results but more like 10% of the results.

    The people you recruit will build like you do, and if you move slowly, so will they!

    Doing all this in a year creates a fire in your business OF MASSIVE MOMENTUM !!!!!!!

    Doug, now I SEE the IMPORTANCE of why you COACH US WITH UNBRIDLED PASSION, POWER, AUTHORITY, CONVICTION, BELIEF…

    Because you KNOW if we will JUST GET IT !!!!!

    We will all EXPLODE ALL OF OUR BUSINESS’S!! Passionfire included will go NUCLEAR !!!

    IT’S ALL ABOUT OUTRAGEOUS ASKING TAKING EFFECTIVE ACTIONS !!!!!!!!!!!!!!

    • Andrew Magee says

      *** TOTALLY AGREE WITH YOU TIM! IT’S SIMPLE, WE HAVE TO LEAD BY EXAMPLE FOR OTHERS TO FOLLOW! DOUG’S MASTERMIND COURSE TOTALLY BRINGS OUT THE BEST IN EACH AND EVERYONE
      OF US AND BY SIMPLY STICKING TO THE GAME PLAN AND CONTINUE TO CHALLENGE OURSELVES,
      OUR GOALS AND DREAMS ARE JUST A “HOW BAD DO YOU WANT IT AWAY” *** ANDY MAGEE

  5. Doug,
    This article really shows the brilliant compensation available to those who choose to build their business. Consistent efforts applied over time produces results. Too many people get discouraged because they don’t see enough results in the first couple of months. Those who are consistent in their actions and allow their efforts to accumulate over time are rewarded far beyond what they could ever even image in more traditional business models.
    Michael Haskett

    • Andrew Magee says

      *** ABSOLUTELY MICHAEL! PEOPLE GIVE UP TO FAST WITHOUT GIVING THEMSELVES ANY HOPE! INSTEAD THEY SHOULD FOCUS ON SETTING A GOAL & ONCE THEY ACHIEVE IT, MAKE ANOTHER ONE AND ANOTHER ONE AND ANOTHER ONE! NEVER STOP DREAMING, BECAUSE THAT IS WHAT MAKES OUR WORLD WORTH LIVING! *** ANDY MAGEE

  6. Vanessa Crosson says

    Awesome perspective from Richard Brooke ~ thanks so much for sharing! Will certainly check out his website.

  7. Thanks, Doug, for this perspective on examining our activity. I certainly know the results of inactivity and inconsistent activity. This new perspective has really helped me to ask more questions and to realize that we really do get paid for the cumulative effect of our consistent activity over time.

    • Andrew Magee says

      *** IT’S TRUE MICHAEL, IF WE DON’T START TAKING ACTION IN PLAYING FISH & GETTING THE RESULTS THAT WE NEED TO GROW OUR BUSINESS THERE WILL BE `0` COMMISSION FOR NEXT MONTH NO DOUBT ABOUT THAT! SO LET’S EVERYBODY START ROCKIN! *** ANDY MAGEE

  8. What he said!! Hehe.

    It truly does make sense.And,if worth spending time doing and talking about,worth doing this business outrageously!! Thank you DOug for never giving up on us!

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