There’s no better place to be in MLM right now than a CBD MLM. They are all growing like crazy, and it’s not just another man-made product. Still, many people fail network marketing. But, I have a secret: Here’s The One Thing That All My Hempworx Leaders Do.
MLM is essentially a “numbers game.” If you’ve been in MLM long enough you’ve heard that phrase.
What it means basically is that you have to talk to a lot of people to get a few people to say “yes” to joining your business. The problem is, most people who join MLM don’t know how to generate leads. Sure, they can get all their friends and family in their business, but then what? You just will have more people on your team who don’t know how to generate leads.
The biggest leaders in MLM have this figured out and they know how to generate hundreds of leads a day, by writing ebooks, doing YouTube videos, by blogging, and by doing paid advertising.
If you are truly serious about making serious income in MLM you have to generate massive leads consistently, then teach your organization how to generate massive leads consistently.
Your family and friends probably won’t make you rich. You’ll have to tap into the cold market, aka strangers.
If MLM is a real business, which it is, then most real businesses take money to get off the ground.
If you open up an espresso shop you need to buy the espresso machine, which is a few thousand, and lease a building, a few thousand more.
With Hempworx, you’re running out of the gate with just investing around a $100 a month for your business. That is nothing!
So, why not treat your Hempworx business like a real business and inject serious capital into it to get it off the ground??
You’ve heard the phrase: “It takes money to make money” right?
But, most people who fail at MLM still treat it like that lottery ticket and they don’t want to really spend anymore money on it because deep in the back of their mind they still think it’s a scam, a hobby, or the company will eventually get shut down!
Again, leads are the backbone of your business and most people don’t generate leads.
The One Thing That All My Hempworx Leaders Do
The one thing all the leaders on my team do is invest heavily into their business. They are not afraid to spend money to make more money down the road. They know it will pay off.
They generate 20 to 100 leads per day, and they don’t stop.
Then, they teach their new affiliates the same lead generation technique and get everyone duplicating a simple system.
Like Eric Worre says, “It’s not works in MLM, it’s what duplicates.”
If your team can’t copy your lead generation system then you have no duplication, and you’re stuck selling products yourself.
The big money in MLM comes from a lot of people doing a little, instead of you doing 99% of it – that’s called leveraged income. You’re leveraging income from the efforts of others – that’s how you make $20k to $150k a month in MLM. You can’t do that selling it on your own.
Bottomline: The people who grow the fastest on my team spend the most money.
They understand that they might lose money their first six months to a year.
Then, they will break even.
Then, they will make way more money than they are used to.
That’s how most businesses begin.
Experienced Entrepreneurs understand this, but most newbies are too scared to shell out anymore money.
They clutch onto their new MLM like a lottery ticket.
I get it – I was there. I prayed for that ONE person to join my business to make me rich.
I lived on credit cards for three years waiting for my business to take off. I spent my money from my jobs on other things, not my business. Or, I didn’t have a good lead generation system.
I tried getting free leads from Twitter and my blog, which was futile in the beginning.
So, I’m going to sound insane here: spend all your money on getting your business going!
Swallow that fear and treat this business like a million dollar a year business.
It will pay off!
Thanks for reading!
Erik Christian Johnson is a full-time blogger, self-development advocate, and full-time network marketing Entrepreneur.
All articles are solely used for educational purposes and merely the opinion of the blog writers. Please refer to the Disclaimer page for full disclosure.