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Struggling in Herbalife

 

 

 

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Wednesday
Jan142009

Why A Herbalife Distributor (A Herbalife President Team Member) Would Resign A Six-Figure Income

I’m Robert Ford. In this article I will share how I became a top earning Herbalife Distributor.

I will discuss what I discovered after sacrificing 11 years of my life building a Herbalife business. And why I resigned a six-figure income and started my networking career over.

Achieving the Top One Percent As a Herbalife Distributor

Three years after getting started (when Herbalife International was 15 years old) I had one of the fastest growing distributorships in America.

One of the most common questions I am asked is: “How did you build your business so fast?”

The short answer is massive marketing action. Now remember, when I did this it was in the late 90’s and “Old School MLM” was all there was.

What Did I Do to Succeed as a Herbalife Distributor?

What do I mean by massive action? Here was my method of operation or what I did to get my phone to ring off the hook:

•15 classified ads per week
•25 pole signs per week
•1,000 business cards per day, 6 days a week (I wore out two pair of Nike running shoes)

Was it easy to do? Absolutely not.

Did it work in building a Herbalife business at that time? Absolutely yes.

After three straight years of this level of commitment and work ethic my wife and I achieved Herbalife’s prestigious President’s Team status. As a Herbalife distributor we were on cloud nine.

We were in the top 1/2 of 1% of all Herbalife Distributors. Our Royalty and Production Bonus checks hit over $32,000.00 a month.

The Allure of Residual Income With Network Marketers

Let me digress... I really like network marketers. We are a very unusual group…
We are self-motivated.
We are willing to work hard to achieve our goals.
We are willing to step out of the box to achieve our dreams.
We are an unusual and special group, that’s why I like network marketers!

It is my opinion that most of the people who are attracted to this industry are attracted because of the promise of Residual Income. The promise of building a stream of income that can last a lifetime.

Does the Herbalife Business Opportunity Work?

So when our income had exceeded $25,000.00 a month my wife and I thought we had the world by the tail. We thought that because we had been told, “Once you hit the Herbalife President Team you will be set for life financially.”

Instead of experiencing that financial security, at the very top of our Herbalife career the true nature of the Herbalife business model began to raise it’s ugly head.

Our organizational volume began falling. Our distributors couldn’t get and retain loyal retail customers. Our Herbalife checks began dropping.

I thought as a Herbalife distributor I wasn’t training my people enough, or I wasn’t working hard enough, or maybe I didn’t have the right leads to work. I thought I was the problem. I never thought to question the Herbalife business model.

What Opened My Eyes About the Herbalife Business Model?

Then I read “The 7 Greatest Lies of Network Marketing”. It was like the scales fell from my eyes. Suddenly I could look at my Herbalife business objectively.

So let’s say our long-term goal is to build reliable residual income, OK? That was my goal when I started as a Herbalife distributor. Here is why I resigned my Herbalife President Team business…

If the goal is long-term income don’t we need customers that are using products month in month out, long term? Of course we do.

Is that what happens with the Herbalife business model, let’s look at this...

Question: Do you or most of the people you know purchase what they would consider to be a luxury product month after month?

Answer: Of course not.

Question: Are Herbalife weight loss products a luxury or a necessity?

Answer: Well perhaps we could have some disagreement here, granted. But here is what I know from real world experience. When someone losses the 15 to 20 pounds they wanted to lose they stop buying weight loss products. So from their perspective they must be luxuries.

The Four Reasons Why I Resigned a Six-Figure Herbalife Income...

Question: How can you build long-term residual income around a product that is not used by retail customers’ long term?

Answer: It is obvious, you can’t with retail customers.

Herbalife has some great weight loss products.

1. The problem is Herbalife weight loss products are expensive. There are two problems with this:

If the products are perceived to be expensive it is harder to get retail customers. And

If the products are perceived to be expensive the lifetime value of your customers will be shorter because the customers will not choose to be long term customers.

2. The next challenge a Herbalife distributor has is their sales quota. Most people are building their network marketing businesses on a part time basis.

The problem with the Herbalife distributor sales quota is it is set so high that most part timers can’t meet the quota. So they don’t get their full Royalty Commission check, it goes to their upline.

So here you have a part time networker who does the best he can to retail the Herbalife products yet they can’t get a full Royalty Commission check. So he either quits or he turns to recruiting.

3. The end result of this business model is you end up having a few people (builders) all focused on recruiting. So there is no real retail consumption of the product. It really is a few people all focused on bringing other people into their recruiting business.

4. Another major flaw, in my opinion, with the Herbalife business model is the fact that you can only sponsor your people front. This line creates a very top-heavy compensation plan. You end up having more people at the top of the compensation plan than at the bottom.

This is exactly opposite from what we are told about MLM. The business is supposed to duplicate, it gets wider as you go in depth. All I know is that did not happen in my experience or in any of the other top income earners in Herbalife that I know.

If you are seeing wild swings in your network marketing income you may want to really examine your company’s business model if your goal is long-term reliable residual income.

I Had To Quit Herbalife To Achieve My Goal Of Reliable Income

I am finally experiencing the benefits of reliable residual income. I had to quit Herbalife to start over but it has been worth it. My business is built around necessity products, it is based on bringing real value to my customers, it is a lot of people doing a little not a few doing a lot, it is based on real people using and consuming products and I am seeing real geometric growth as my business builds depth.

These components, allow any networker an opportunity to build a reliable stream of future income, do you have these components in your current network marketing business? If not give me a call at 770-205-7330

To read my letter of resignation to Michael O. Johnson, CEO Herbalife International

Tuesday
Jan132009

"The 7 Great Lies of Network Marketing" by Ann Sieg

"The 7 Great Lies of Network Marketing" completely caused me to reevaluate my multilevel marketing business. In fact her e-book impacted me so much that I resigned an eleven-year career (while earning a six-figure income) with a major MLM company to start my network marketing career over.

After studying Ann Sieg’s free e-book carefully I know you will understand why. Here’s a quick review…

"The 7 Great Lies of Network Marketing" begins with “Almost everything you have ever been taught about building a network marketing business is pure BS!”

With an introduction like that it is easy to see why "The 7 Great Lies of Network Marketing" has created such a controversy.

Ann explains that when she started doing the exact opposite of what her upline told her to do she began to succeed.

So if you want to experience success in network marketing perhaps it is important to have an understanding of "The 7 Great Lies of Network Marketing".

Here are The 7 Great Lies of Network Marketing...

“Lie #1 – Everyone is your prospect!”

This belief has done more to damage to network marketing than any other. Ann states it is what led to “3 foot rule and when in doubt, blurt it out.”

One of the problems here is: When you try to be everything to everyone you end up becoming nothing special to almost everyone.

Don’t fall for this lie because everyone is not a prospect for your network marketing opportunity.

Another problem is that if you are out approaching everyone you come into contact with you are viewed as a nuisance not a professional.

Wouldn’t you rather enjoy a conversation with someone without wondering how to start your recruiting pitch?

“Lie #2 – This really isn’t sales”

There are a couple of problems with lie #2. People then don’t get the sales training they need to become successful. Why? Because they were told network marketing wasn’t sales.

People mistakenly think that success in network marketing is easy. When they discover it takes work and consistent effort they quit.

The fact of the matter is that when you ask someone to give you money in exchange for something else you are in sales!

Network marketing is sales pure and simple!

The most successful marketer is the one who communicates the most effectively. Communicating to the prospects about what he or she wants and how their opportunity fulfills those wants.

The most successful networker is not the one who knows the most about the products.

“Lie #3 – Anyone can do this”

The reality is that not everyone can be a success in network marketing. The reality is that people get involved with very different backgrounds, skills and experience.

Not everyone can do this, there are just to many pieces to the puzzle as to whether someone can do this like: experience, skills, time, money, their credibility with others to name just a few.

Sometimes you would be wise to pass on bringing someone into your business because not everyone can do it.

“Lie #4 – We’ll build your business for you”

This lie preys on the unsophisticated and the uneducated and the age-old appeal of getting rich easily and quickly.

Ann reveals, “People always want to believe that the road to success, fame, fortune is quick, easy, painless and risk free.”

Instead of you falling for this lie Ann asks: “If no selling or anything else is required on your part, then why would they need you?”

The answer is obviously they don’t.

“Lie #5 – We have the best product ever!”

Most network marketers put the emphases on things that don’t matter.

While the product or service is important they are not the most important.

"The 7 Great Lies of Network Marketing" makes the point that the most important thing is marketing!

If your marketing is not effective the fact that your company has the best product really isn’t that important.

Being effective with your sales and marketing efforts is the most important aspect of your network marketing business.

Ann says, “You can make a lot of money with an awesome marketing plan and a mediocre product. You will never come close to making as much with an awesome product and a mediocre marketing plan.”

Most networkers fail to realize the marketing component is missing in their business.

“Lie #6 – You just don’t have enough belief.”

This one really ticks me off!

Countless distributors are being told that the reason they are not successful is they just don’t have enough belief or they are not working hard enough.

The reason the companies keep telling this lie is because it diverts from the real problem. You can always tell someone they aren’t working hard enough, they don’t have enough belief, or their why isn’t strong enough.

But "The 7 Great Lies of Network Marketing" makes the case that for many that are not succeeding it is because of their marketing efforts or their business model.

Unfortunately the heavy hitter does not address the real problem. They simply ignore the real issue that a struggling network marketer is having…

Would there be a problem with anyone’s belief or their why if they had high quality prospects to talk to that were ready, willing, and able to buy?

I don’t think so.

Ann says, “The real secret is: Find the people who’re looking for what you have, use an effective marketing system to automatically sell to them and spend your time working with the best.”

"Lie #7 – The proven system”

If “97% of network marketers never reach positive cash flow” how can there be a proven system.

Your upline's proven system is most likely outdated and doesn’t work!

The Old School of MLM with Tuesday, Thursday, Saturday meetings or Books, Seminars & Rallies ignore the key concept of marketing. According to Ann Sieg, you want customers coming to you because people like to buy. They just don’t like being sold.

Your number one goal if you want to succeed should be to have the most motivated prospects coming to you seeking the solutions you offer, let Ann show you how.

Get your free copy of "The 7 Great Lies of Network Marketing" now.

Your Partner In Success,
Robert Ford
770-205-7330

Sunday
Jan112009

Your Target Market's Pain

Once you have identified your target market's needs their problems being to come into focus. Remember each target group is going to have different needs and we have to reach them where they are when they begin their search on the Internet.

The person who has already purchased a business opportunity could have some of the following problems:

• They are looking for a way to find high quality prospects with out endless hours on the phone.

• They may be thinking about how to use the Internet and develop existing leadership or build new leadership.

• Perhaps they have discovered their current networking business isn't a good fit for them after all and they are looking for a new start.

• They want to learn how to generate leads so that prospects are coming to them.

• They want to know how to effectively sell YOU, Inc.

• They want to learn how to use affiliate programs to generate additional cash flow until their networking business is fully up and running.

The person who is specifically looking at a particular company could have these problems:

• they are looking for the best person to partner with so they get the training and support to experience success.

• They are looking for someone in their local area because they like working face to face.

• They are looking for a partner that can help them be more organized and efficient with their time.

• They no longer want to use old school marketing tactics they are looking for someone to coach them on how to build their business online.

The point here is that we are looking for problems or needs that we can help them solve. By providing valuable content to them for free we are building trust and credibility with them. The advantage of this is that when they do call or e-mail they are predisposed to doing business with us.

The content you make available to them on the Internet will let them know that they are joining a successful team and someone with the knowledge and skill set to help them with their business.

You can share your journey about how you are using the Internet to build your business and that you are available to them to mentor them as they set their Internet business up.

To be effective online we have to identify with our target market's pain (problems) and provide content that offers a solution to their pain. The more we can identify with their pain and provide viable solutions the more people we will have chasing us to get involved in our business.

Remember if someone is in pain (they have a problem) they are looking for relief... this is someone who is highly motivated. If you provide the relief then you just may be the one who will benefit.

When you are on the outside this looks very complicated but with our step by step training even a computer newbe will experience success.

Sunday
Jan112009

Target Market Needs

Once you have identified your target market you then must identify your target markets needs. A couple of questions that will help you here are:

What is your target market thinking about?

What are their concerns?

What are they looking for?

By answering these questions you will be able to attract them by answering their concerns or giving them answers they are looking for.

By doing so you will be viewed as asset because they will see you as a resource to their success instead of someone just wanting to sell them something.

The people we previously identified as those who already have purchased a network marketing opportunity or looking to join a particular company, what are they thinking about?

The easiest and fastest way to answer this is to do a Google search or a Keyword search... simply type in "network marketing" or "your company name" and look at all the topics that are identified: network marketing books, systems, leads, lead generation, people like Mike Dillard... the list goes on and on.

These are all things they are thinking about and are interested in. Brainstorm this list and you have an almost endless list of topics you can write about to attract your target market to you.

If you have enough content on the Internet about these topics then you may be the person who's information comes up when they do a Internet search.

The more you have at different locations on the net the more likely you are going to come up when they are doing a search. I can show you how to accomplish this without even having a web site of your own.

One of the most appealing aspects to building your business like this is that even if they are already with another company doesn't mean they couldn't become a customer of yours.

This is possible because when you are solutions provider networkers have all kinds of needs. Maybe they need to build a web site of their own - you can show there where to get it.

Maybe they want to learn how to generate leads on their own - you can teach them step-by-step exactly how to do this.

Maybe they want to purchase books on network marketing and when they do you can generate income even though they are not in your networking company!

In short your target market is thinking about, searching for and concerned about anything related to network marketing and anything that will help them be more successful.

These are examples of your target markets needs and a couple of tips on how to identify them.

Sunday
Jan112009

Target Markets For Network Marketers

What is the perfect target market or markets for a network marketer? Or expressed in another way: Who is your best target market when you are selling a network marketing opportunity?

There are many possible answers to this question but I believe the best answer is: People who have already gotten involved with a network marketing business, or people who are looking to join your particular network marketing company.

Why is this the best answer?

Because they already are convinced of their need to participate in networking. You don't have to sell them on the concept or the business model. All you have to do is sell them on YOU and your ability to help them be successful.

The next best answer would be Business Opportunity Seekers. These are the people who are investigating ways to earn income working from home. They are looking to make money they just are not convinced that network marketing is the best way for them yet.

So here are the best target markets for network marketers:

1. People who have purchased a network marketing opportunity already.

2. People who are on the net searching for your company and looking for the best Upline.

3. Business opportunity seekers.

Now we have to explore our target markets needs...