Archive for August, 2009

A Better Way to do Opportunity Meetings

If you are in network marketing then you were probably introduced to your business opportunity through either an in-home meeting or hotel meeting. It is the standard, old-school way to do it and your upline probably still insists that it is the best way to do it.

Personally, I think the internet is a much better way to reach a much wider audience, but in-person meetings still have their place and there is a better way to do them. Your upline will probably hate the idea, and that’s probably a good thing.

Instead of the usual, boring opportunity meeting, what if you invited people to a game night? People like to play games and don’t usually make the time in their everyday life, so it is already an appealing offer. They are fun, people get to socialize, laugh, and release stress. Inviting people to your game night is a whole lot easier because you don’t get as much rejection. The focus of your event has changed to something that your prospects are interested in and your opportunity takes a secondary focus. When people have fun and get actively engaged in an activity they are more open to what you offer afterwards.

If you have read some of my other posts then you probably know that I am a big fan of Loral Langemeier. You should be too. The game that I recommend for your game nights is Loral’s Millionaire Maker Game. The easiest way to describe it is as Monopoly on steroids. It is both fun and educational.  I recommend it as a replacement for your opportunity meetings because the entire point of the game is to build what Loral calls a Cash Machine. For the entire hour of game play your prospects are learning that building a Cash Machine is the best, fastest way for them to make money.

After the game is over, everyone is actually looking forward to hearing about your opportunity. They understand the value of having a Cash Machine, so now you can offer them one in the form of your business opportunity. It’s a beautiful thing.

There is an additional benefit to hosting a Millionaire Maker Game night as well. Have you heard of monetization, or a funded proposal? They mean that you make money while prospecting, paying for your marketing as you do it. Become an affiliate with Loral Langemeier and  you can sell her books,  CD programs, and the game itself at your game night. This gives your prospects something to take home and further get involved in the idea of building wealth, and makes you some money on the front-end to cover your costs. Now all you have to do is follow up with them.

Wayne Woodworth
A fan of the Millionaire Maker

PS. If you are interested in becoming an affiliate for Loral Langemeier, let me know in a comment and I will get you in touch with the right people.

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Is Network Marketing a Viable Business?

Is network marketing a viable business to build and live off of?  Of course it is and many people do.

I have made it very clear to my friends and family that I will quit my full-time corporate job at the end of October to go full-time with my network marketing business with Nikken. It turns out that they didn’t believe me and now that it gets closer they are starting to question me on it.

My father attacked my plans pretty aggressively calling network marketing a pyramid. I was surprised by this coming from him since I have been talking about my plans for a few months already. So, I had to answer the pyramid question again. First of all, Nikken doesn’t qualify legally as a pyramid because I don’t make a penny to recruit people. I only make money when product is sold. As far as the actual structure is concerned, a corporation like he works for and I currently work for is more of a pyramid than network marketing.  In the corporate world I cannot advance up the ladder unless there is an opening available.  In network marketing my rank advances solely on my efforts and doesn’t depend on openings above me. In another perspective, I am a business owner and therefore already at the very top of my company and Nikken is just my supplier.

A friend also called my plans into question. Again, I have been talking about this for a few months and for some reason he responded like this was brand new news. This friend started talking about the security of having a job and having good benefits.  As everyone knows, a job no longer equals security. Companies have been cutting benefits regularly over the past few years to deal with rising health care costs and recently cutting people to deal with the economy. This has been a boon for network marketing recruiters because some of these people who have lost their job are now joining network marketing companies in the hopes of never having to go through unemployment again. There is much more security in having your own business and taking control of your own financial future. He did get one thing right though. A job is very low risk and with low risk you can expect low returns.

I have learned that if you have plans to outgrow your current position then you either need to keep them to yourself or only share them with people who you know will support and encourage you. Another good idea is to increase the amount of time you spend with people who are already where you want to go. With that in mind, I bought plane tickets and made hotel reservations to spend another three days with Loral Langemeier and her team in Chicago for the next Cash Machine Workshop. If you have aspirations to take control of your own future then I would love to see you there. I will be one of the guys wearing a black “staff” shirt. I paid for the first Cash Machine Workshop I went to and it was worth every penny.

Wayne Woodworth
Don’t let other people’s expectations for you hold you back.

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Why People Fail in Network Marketing

Many people have tried to build a network marketing business and failed. When they do, they write off network marketing and say that it doesn’t work.

If that’s the case, then why do some people become very successful and wealthy?

I think that the biggest reason is that people treat it more like a hobby than as a business.  In a lot of cases people will get all caught up in the hype of a hotel meeting and join without really understanding what it is that they got themselves into.

So, how can you be successful in network marketing? Treat it like a real business. Create a corporate structure around the business and give your new company a name. This will give you the tax breaks that businesses get and give you more credibility when you talk to people about your product.

The next thing that you need to is create a simple business plan and revenue model. This may seem like a lot of work but it really isn’t, and it is essential to keep you on track. How much money do you need to make?  How much product do you need to sell to reach that goal?  Your business plan and revenue model help you figure that out. If you don’t know how to do this, then get Loral Langemeier‘s book, The Millionaire Maker’s Guide to Creating a Cash Machine for Life or her audio program, Building, Leading, and Protecting Your Business.  They will help you get started.

Now you are in a position to go out and learn to properly market your product and business opportunity. You also have a new language that you can use when you approach new people that you want to join you in your business. Instead of depending on hype, people will join you because you have a sound plan for growing you business.  Your new partners will be more likely to stay with you instead of dropping out because the hype wore off or running to the newest thing to come along.

Wayne Woodworth
Network Marketing Business Owner

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Nikken and Energy Medicine

I have been reading a lot about energy medicine recently and it has me very excited again about my Nikken business.

I probably can’t say that Nikken’s products are specifically energy medicine because “medicine” is the domain of doctors, pharmaceutical companies, and the FDA. I am definitely not of that group. When I say that Nikken’s products are a part of energy medicine I mean the wider view of medicine, like when you drink orange juice for the vitamin C to fight a cold.

I went to an energy medicine seminar a few weeks ago.  I had no idea that there was so much research already done about the human energy field.  Everyone has heard of EEGs and ECGs that measure the electrical fields of the brain and the heart.  I don’t think most people are aware that there are also MEGs and MCGs that measure the magnetic fields of the brain and the heart.  The amazing thing about these magnetic versions is that the subject doesn’t have to have electrodes attached to their body.  The magnetic fields can be measured up to a few feet from the body.

Since the seminar I have been reading Energy Medicine: The Scientific Basis by James Oschman. There is a lot of great information in that book about the research into why energy techniques work.  One of the people that Oschman mentions is Robert Becker.  He wrote about how the connective tissue that surrounds the nerves, the perineural system, carries its own electrical signals separate from the nerves themselves.  It is responsible for healing injuries and is responsive to magnetic fields.

This body of information is growing every day and as it expands it becomes more mainstream.   These scientists are creating a scientific basis for how magnetic and far-infrared energies can aid the bodies healing processes. This has me very excited about my Nikken business.

As this research expands and becomes more accepted by the medical profession, the demand for energy-based technologies will grow.  Nikken is the best placed company to meet that demand, which puts Nikken distributors in a great place to grow a very profitable business.

To find out more about what’s going on with energy medicine, read these books.

Energy Medicine: The Scientific Basis by James L. Oschman
The Body Electric: Electromagnetism and the Foundation of Life by Robert Becker

Contact me to find out more about building a profitable business around energy medicine.

Wayne Woodworth
It’s all about energy

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