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Posts Tagged Home-Based Business

Network Marketing Intent

Jul 27

Posted by Wayne Woodworth in Network Marketing | 2 Comments

What is your intent in building your network marketing business?

Is it to make a lot of money? To be able to spend more time at home with your family? We’ve all heard the reasons that people build their own home-based business.

I like to think about intent. I’m also a massage therapist and very interested in energy healing. When you do that kind of work it is all about your intent. It guides your every movement when you are working with a client in that environment.

Intent is just as important when you are sharing your network marketing business opportunity with a prospect. What is your intent? Is it to get them to sign up so that you can make more money? Or is it because you know your prospect is in a difficult spot and you want to offer a way out?

I offer my opportunity because I want people to know that they have options. Yes, I do need to make money to support my family but I have other options if that was my only goal. I believe that it is wrong for people to be stuck in a job they hate or have to desperately search for a new job if they lose their job.

The main reason that I started my business was because I wanted to be home with my family. I have two small kids I want to be around as they grow up. My daughter started kindergarten last year and I was able to drive her to and from school every day. That meant a lot to both of us. That probably isn’t the reason my prospect would want to start a business. So, when we share our network marketing opportunity with other people we need to know where they are and where they want to be and only offer the opportunity if it serves as a possible solution. Otherwise we are just wasting time, both their time and our own.

Wayne

PS. If you found this informative or you have thoughts on the subject then I would love for you to share them in a comment below. Also, please share this with your followers on the social networks using the small buttons below.  Thanks.

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Where will You be in 5 Years?

Jun 28

Posted by Wayne Woodworth in Network Marketing | No Comments

That’s a popular question during job interviews and annual reviews. Where do you want to be in 5 years?

The way things have been going for the past year or so, many businesses just hope to still be around in 5 years.  A lot of them are downsizing right now trying to hold on, which leaves a lot of people out of working wondering how they are going to make ends meet.

There is one industry I know of that is expanding right now. Network marketing. The heck with trying to get a new job. That just puts you back in the same situation you were before you got let go, wondering when and if it’s going to happen again.

The thing is, this is the perfect time to get into network marketing, and not just because there are so many people looking for a job. People are also looking for better, more cost effective ways to stay healthy. People are looking for ways to be in control of their lives for the first time in a long time. The right network marketing business can offer than.

I’m with one company that is growing like wildfire right now, and it isn’t one of those fly-by-night businesses. This company is celebrating its 35 anniversary this year. It is in the wellness industry, so it may be the answer to some of the health issues you have been facing too.

There are a lot of MLM companies out there that claim that they offer the one key to good health, usually some form of nutritional supplement drink or energy drink. The truth is though, there isn’t just one key. What works for one person might not work for someone else. I only know of a small number of companies that offer a variety of solutions to increase the chances of having something that will work for nearly everyone.

I will be honest with you. Unlike what a lot of people try to tell you, network marketing probably isn’t going to get you rich over night. It might take several months, or even a year to start making some real money. A lot of people never make any real money, but that’s mostly because they give up after they see that it takes work to build a real business, and this is as real a business as running a restaurant. The benefit is that you don’t need a lot of money to start and you don’t have the huge overhead costs.

So, where will you be in 5 years? Working a job wondering day to day whether you will go back tomorrow, or building you own successful business?

For more information, find out about working with me.

Wayne Woodworth

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Online Home Based Business – Are You Looking for One?

Jan 8

Posted by Wayne Woodworth in Network Marketing | No Comments

Are you looking to start an online home based business? These days it is very easy to set up a business online and start making money pretty quickly. An online home based business has many benefits over one that isn’t on the internet. The biggest is that it opens your market way beyond your local community. You can build a national or international business without having to leave your home.  WordPress makes it easy for just about anyone to create websites and the social networking sites like Facebook, LinkedIn, and Twitter make it easy to get the word out about them.

If you don’t already have a home based business to take online, I recommend that you look at getting started with a network marketing company that is supportive of online marketing. Not all companies are and most of the companies that do support it  are restrictive to some degree, so make sure you know exactly what they allow before you decide which one to go with.

The online home based business gurus all recommend that you focus on building your brand, not your company’s. I agree that you need to build your own brand. Companies come and go, especially if you decide to jump in with some of these new “pre-launch” upstarts. If a company folds then you have your brand intact and you can easily move to another company. Also, people join people, not companies. To build your team online,  people need to learn who you are, develop a trust in you, and then they will decide to join your team.

As important as it is to build your own brand, it is also important that you start generating a retail profit to support yourself right away because building your own brand will take time. Retail profits are a lot easier to generate if the company allows you to market the products online. If you can sell product online you need to be aware of any limits to where your company will ship product. Anyone in the world can find your website but can you sell to anywhere in the world?

Nikken, the company that I chose to work with, supports internet marketing enough for me to sell online. They do have limits but they can all be worked around. For example, I cannot host any pictures  or have any descriptions of the products. The picture restriction actually works to my benefit because I can link to and display their pictures without taking up any of my disk space. Selling without descriptions was a little tricky at first because how do you sell something if you can’t tell them what it is? Well, if you’ve been involved with selling very long you know that benefits are much stronger than a description of the product itself. You can see what I mean at http://www.getmywellness.com/magnets.

I have one other restriction with Nikken – I can only sell in the US and Canada. That isn’t really much of a restriction at all because all of the US and Canada is a lot of people and they mostly speak English (so I don’t have to deal with multiple languages).

Nikken is a well established company, not a recent upstart, so they will be around for a long time. Because of that I can safely build websites with my brand and websites with the Nikken brand at the same time and benefit from both long term.

Wayne Woodworth
Internet Network Marketer
Online Home Based Business Owner

Find out more about working with me.

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Is There a Best Home Based Business?

Jan 7

Posted by Wayne Woodworth in Network Marketing | 1 Comment

Is there such a thing as a best home based business? Of course not! There probably is a best home based business for you though, and it isn’t necessarily the same one as for me or the next person. If the best company for me is also the best one for you, it will probably be for a different reason.

So how to do you figure out the best home based business for you?

Start with your passions. What do you enjoy? If you enjoy sending cards then a card company may be better for you than a wellness company. If you like collecting coins and gold, there are gold coin companies. If you have a passion for wellness, there are more network marketing wellness companies than you could possibly imagine: nutrition supplements, energy drinks, food products, energy-based products. So, decide what your passions are and do a search for companies in that market.

Once you have a list of companies, you need to look at other criteria to narrow your choices. One thing I’ve noticed lately is that there are a lot of brand new companies, so one way to weed out the ones that aren’t right is to decide if you can handle the risks of a brand new company or if you prefer the relative security of an established one. For me, I went with a company that has been around for 35 years.

An obvious thing to look at is the compensation plan. Is it set up in a way that you can make money. If you are going to be slower in building a team then you want a company that will let you make money from retail profits. When looking at selling product, do you have to focus on selling autoship programs or can you make one-time sales to customers. If you know that you can quickly build a team then you might look for a compensation plan that rewards that. Another aspect of the compensation plan is how often you get paid. Some are monthly, weekly, or even daily for different activities. The company I chose pays monthly and offers good retail profits for one-time sales. Great for someone who builds a team slowly.

What kind of support are you going to get either from your upline or from the company? The high ranking people in some companies have nothing to do with new people where other companies they offer any help you need.  If you are someone who would like the support of an upline then make sure that you will have that available when you join. The team that I am with in my company offers all of the support and training that a person could want.

A little about what makes Nikken the best home based business for me.

I am a massage therapist and wellness is a passion of mine, so I chose to go with a wellness company. As I said earlier, there are a lot of wellness companies out there, but most of them seem to focus on one area, like supplements, energy drinks, or whatever. I wanted something with a more general approach to wellness so that I can have a wider customer pool. While the company I chose, Nikken, does offer nutritional supplements, supplements aren’t the only product or even the primary product. Nikken offers products that help with sleep, nutrition, air and water filtration, and offer aid to help relaxation and relieve discomfort. There’s something there for everyone.

As I already said, Nikken has been around a long time. They are celebrating 35 years in 2010 and celebrated 20 years in the US last year. They are very well established with no debt and plenty of operating capital. In other words, a very healthy company.

The compensation plan offers an excellent retail profit as well as additional commission based on rank. You increase in rank at first by selling product then later by bringing more people onto your team. This lets you make money and increase in rank immediately while slowly building your team, which makes this a great option for someone new to network marketing. Nikken pays out every month on the 15th.

Finally, what kind of support does Nikken offer? A lot actually. They have a personal growth seminar and a business training seminar that everyone is required to attend before they reach Silver, so it isn’t an immediate requirement. They also offer monthly corporate calls, quarterly events, and an annual convention to keep everyone up to date with what is going on. The team that I am on goes all the way up to 2 of the highest paid consultants in Nikken and I have had the opportunity to meet them and had an hour of one-on-one time with one of them (not bad considering that we live in opposite corners of the country). My local Royal Diamond has weekly meetings at their home open to anyone, in their downline or not. It is a very open culture.

Feel free to check out Nikken, ask me questions, and join my team if this looks like the best home based business for you.

Wayne Woodworth
Network Marketing by Passion

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Glimpses of Network Marketing Truth

Jul 17

Posted by Wayne Woodworth in Network Marketing | No Comments

If you have been approached about network marketing business opportunities very much, then you have heard a lot of the so-called “lies” of network marketing.  It’s easy, it isn’t selling, the products sell themselves, and so on.

I was at an in-home meeting at my upline’s house recently to listen to the top earner in my company speak about how he got started.  I’m not a big fan of in-home meetings but I’m happy to go when there will be someone that I’d like to hear speak.  Needless to say, they were surprised to see me.

Dave has been with this network marketing company for 18 or 19 years and has been with other companies before that, so he has a lot of experience with network marketing.  He has made about 40 million dollars in that time with our company, so he’s worth listening to.  Here’s what I was able to pick out from what he said.

The first thing he did was acknowledge that we do sell product and our opportunity.  It isn’t sharing and the product doesn’t sell itself.  It’s rare that you hear traditional network marketers admit that we are salespeople.  A soft sell works better than a hard sell long term.

He sells the product by demonstrating it on people.  In out meeting last night he had a hand-full of people come to the front and used a couple of our magnetic products on them to show the benefits they offer.  He also shared stories of other times that he demonstrated the product with amazing results. As you probably already know, stories sell.  He had some really good stories about using the product on people.

The last thing that really stood out to me was that you want to pick a company that has unique products with enough of a margin so that you can make some money.  In other words you don’t want to sell products or services that your customer can pick up at a store just down the road.  With products that are  common, the margin has to be very small for them to be competitive, which means you have to sell a lot more to make money.  When you get into having to sell a lot of volume it will be very difficult to compete with an actual store.

I thought the evening was well worth my time and I was glad to get some good information.  I hope it helps you in your marketing efforts.

Wayne Woodworth
You can’t find my products at Walmart

PS.  You can find out more about network marketing lies in this free ebook.

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Building Your MLM Through Education

Jul 6

Posted by Wayne Woodworth in Network Marketing | 1 Comment

The best way to attract prospects to your MLM is through education.  What is it about your product or business opportunity that really stands out, and why is that important?  That is what you have to educate your prospects on.

You’ve heard before that people don’t want to buy your product.  They do want to learn everything they can about whatever issue they have and then be offered a solution.  You want to become an expert on whatever issues your customers have so that you become the go to person for answers.  You can do that by answering posts in forums and by promoting free reports or ebooks that you offer on your website.  These things all contain links back to your website and your product so that your prospects can easily find your solution once they have been properly educated.

The important thing to remember here is that you are educating your prospect with good information.  Don’t spam them.  If you fill up a forum with ads for your product you will alienate your audience and possibly get banned from the forum.  Focus on the technologies without references to specific companies.  If you keep this in mind you will be able to build up a steady stream of good leads.

Wayne Woodworth
Building a team of experts

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Prospecting on Social Networks

Jun 29

Posted by Wayne Woodworth in Network Marketing | No Comments

The social network sites like Facebook, MySpace, Twitter, and a bunch of sites that have been created on the Ning network are great places to find new prospects and leads for a home-based business.  The problem I see is that most of the prospectors are just spamming everyone they meet with their product and opportunity.

I recently joined a site and my comment space was almost immediately blasted with everyone else’s opportunity.  Barely a mention of common social niceties like “how are you today” or “welcome to the site”.

I don’t think it is entirely the fault of the spammer.  In MLM people are taught that if you encounter a person who has a pulse then they are obligated to vomit their business opportunity all over them, which is unfortunate because the end result is that most people just get chased away.

A better, and more successful way to use the social network sites is to make friends first.  Take time to find out about who they are and what they are looking for.  Not everyone you meet is going to be right for your business opportunity.  They might be a future customer or joint venture partner though, and you will only find that out by getting to know them first.

So, if you are a network marketer looking to use the social networks to build your business,  don’t mention your business opportunity in your first contact with someone.  Just welcome them, say hello, and wish them a great day.  You will have more success.

Wayne Woodworth
Find me on Facebook at http://www.facebook.com/getwealthy. Please don’t spam me.

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It is Time to Take Action

Jun 12

Posted by Wayne Woodworth in Network Marketing | No Comments

Far too many people fail to accomplish their dreams because they never take action. You may have heard the term “analysis paralysis” before. You feel that you need to be completely prepared before you take the first step. You spend time figuring out how to get the right data so that you can make your plan. Loral Langemeier calls it “planning to plan”. I’ve done this. I like spreadsheets, so I’ve wasted endless hours rearranging data on my spreadsheets and never end up taking action. The thing is that you never feel you are prepared to go for something big. Price Pritchett in his book, You2, says that “getting ready is, quite frankly, a stalling tactic, an act of anxiety, a con game you’re working on yourself.”

If there is something you want to do then you need to go for it and figure out the details as you go. Otherwise, you never will. Mr. Pritchett says “you’ll discover, once underway, that you know more than you know you know.” If you think back over goals you’ve accomplished in the past you will probably realize that this is true.

Check out You2 by Price Pritchett. It’s a quick read with good info.

If you are ready to do something about your financial future, I have some opportunities for you in wellness, gold, and greeting cards.

Wayne Woodworth
Ready, Fire, Aim!

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Wealthy People Like Network Marketing

May 14

Posted by Wayne Woodworth in Network Marketing | 1 Comment

Several people known for being wealthy have recently spoken out about Network  Marketing.

Bob Proctor (The Secret) says “it’s probably the most moral form of compensation I have ever seen.”

Robert Kiyosaki (Rich Dad Poor Dad) recommends Network Marketing because of the low startup costs and the opportunity to learn the important business skills to be wealthy.

Donald Trump (you know who he is) is apparently starting his own network marketing.  He says it allows people to “opt-out” of the current recession.

So, are you involved in network marketing?  Are you ready to build your own business to create time and money freedom for yourself?  Or are you content to slave away all day and take home the few pennies that the government doesn’t take at the end of the day.

If you are ready, I have three great opportunities for you.

First is Nikken.  If you are interested in wellness, your own and everyone else’s, then you owe it to yourself to take a look.

Second is an online greeting card company.  Do you send a lot of cards for birthdays, holidays, or just because?  You will like this one.

And the newest one I have learned about is a company that sells GOLD.  What a great way to deal with the current economy and your future wealth.  Make money by investing in gold and helping others invest in gold too.

What are you waiting for?  Get started on your future right now!

Wayne Woodworth
Internet Network Marketer
Building my Future Wealth

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One Key to Success in Network Marketing

May 13

Posted by Wayne Woodworth in Network Marketing | No Comments

I have blogged before about how attitude is a key to success in network marketing.  I have another key for you.  A lot of people look to network marketing as if it is a get-rich-quick-scheme and jump around from one company to another looking for the one that will do it for them.  But it never works.

When picking the right network marketing company you have to first look at the product.  The product is the key.  Is it something that you are interested in?  Is it something that you do or will use personally.  Is it something that you understand?  If you are not in alignment with your product then you won’t have much success trying to sell it to others.

For example, we are not on a natural gas line so we don’t use natural gas.  I wouldn’t be very successful selling natural gas because as soon as somebody asks me something about it I would have to admit that I don’t use the product.  On the other hand, I am a massage therapist and very interested in wellness.  I use wellness products and I can get excited about them.  At this point the products start to feed my attitude toward the products and the business and I have a much better shot at success.

So find a company that sells products that interest you then investigate the opportunity to see if it is right for you.

Wayne Woodworth
Wellness Network Marketer
Totally psyched about my product

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