• Sharebar

Make Money in MLMI was on the My Lead System Pro morning wake-up call this morning (which they hold daily at 11:00 AM EST) and thought I’d share with you today’s content because I think it sums up really well what you SHOULD be doing if you hope to hope to make money in MLM – especially A LOT of money!

When we were kids there was a game we played called “follow the leader”. Basically you had to do whatever the leader did and if you didn’t you were out of the game (at least I think that’s how you play…it’s been a long time!). Anyway, as an independent business owner or entrepreneur – which we all are as network marketers – following the LEADERS is a great way to learn how to be successful. Follow the people who are getting it done and who are where you want to get. Aspire to greatness and you just might get there!

The call was hosted by MLSP L4 Leader and EMT Member, Adam Chandler. He’s a guy you want to get tapped in to because he’s getting it done every day. Anyway, he shared his 7 Steps To Make Money in MLM and I wanted to pass them along because if you follow them you really can’t help but succeed!


7 Steps To Make Money in MLM

1. Get on all the calls & webinars (either MLSP or your Primary Company). This helps you to stay connected, focused, and motivated and is VERY simple yet effective.

2. Attend ALL live events. I have to admit that I have never attended a live event – the companies I’ve been associated with haven’t had any – but I did miss MLSP’s Live the Dream event last year but plan to attend this year. This will allow you to get connected with other like-minded people and only good things can come of that.

3. Do “personal development” DAILY. This just means reading about personal development and implement or work on what you learn. This includes working on your mindset, which tends to hold a lot of people back from reaching their full potential.

4. Connecting, Networking, and Prospecting Daily. The consistency is key and causes many people to drop out and never achieve their goals. If you aspire to greatness with your business, you must direct enough people to your website presentation daily to have any hope of success. This can be done both through online or off-line marketing strategies.

5. Mastermind “UP”. Connect with and mastermind with people who are either at or above your current knowledge and ability level. This is how you get better and grow as a person and a marketer.

6. Set production goals and be relentless about achieving them. Set daily, weekly and monthly goals. Don’t set income goals as much as setting production goals (ie. 5 presentations per day) that will lead to you reaching your income goals. Also, don’t set unrealistic goals that you most likely won’t achieve right away. Set goals that are a stretch but that can be achieved. This will help keep you motivated.

7. Journal your progress consistently. Basically, track your results on paper. This helps you to know your results because writing things down helps you retain that information. Also, you may feel that you were very productive one day and realize that you really didn’t accomplish anything! I know this happens to me!

It’s cool if you’re just a “hobbyist” network marketer. Most people are, either intentionally or not.  BUT if you’re a true entrepreneur who really is looking to take their business to the NEXT LEVEL, start implementing these 7 steps and be sure to be consistent and diligent. It’ll pay off handsomely for you and you’ll make more money in your MLM business than you ever thought possible!