I couldn’t help myself when I read one of my mentors posts, I JUST HAD TO SHARE IT WITH YOU!! Bob and Anna are always helping people “figure it out”, ENJOY!!!

An enthusiastic networker named Al called us recently to discuss one of our articles and pump us for his new deal, a company selling information, CD’s, ebooks, training, etc.  He admitted that his product cost little or nothing to produce, so the company could pay out huge commissions.  We let him know we weren’t interested, but offered to help him calculate his 10k answer.

“How many active people do I need in my business to generate a walkaway residual income of $10000 a month?”

Al:  Oh, that’s easy!  With the Wonderful 100, you can earn $100000 a year.
Us:  Okay, that’s $8333 a month, right?
Al:  Right!  We’ve got information to help people with their finances and their health and …
Us:  Slow down a bit, Al.  Let’s just stick to the math, okay?
Al:  Okay.
Us:  So what is the Wonderful 100 that generates $8333 a month?
Al:  You have 100 people in two legs with helpful information and ebooks about dieting and saving and …
Us:  Hold on, Al.  We don’t need to know about the products.  Let’s just do the math, okay?
Al:  Okay.
Us:  So that’s 200 people generating $8333 per month, right?
Al:  Right.
Us:  If you divide 200 into $8333, that’s $42 to you per person on your team, right?
Al:  That sounds about right.
Us:  How much is each person spending per month?
Al:  Well if they get the full information package, that’s one price, but if they choose separate parts, they …
Us:  Al?
Al:  Yes?
Us:  How much?
Al:  Oh.  $50 per month.
Us:  So let’s see if we have this right.  You’re in a binary where many people get paid on the same volume, right?
Al:  Right.
Us:  And each person is spending $50 per month, and you and many others are each making $42 from that sale, right?
Al:  Right.
Us:  So how many people can get paid $42 from a $50 sale?
Al:  What do you mean?
Us:  $42 is 84% commissions.  You can’t even pay two people 84%, let alone a bunch of people in a binary, right?
Al:  Well, it doesn’t work quite like that.
Us:  So how does it work?
Al:  We have really useful information for health and finances …

It’s sad how Al trusted the information he got from the company.  It’s even sadder that when faced with the facts, Al could not allow them in.

If you’d like to avoid the trap that Al has put himself into and the inevitable frustration he will face, you’ll want to read this free report Big MLM Lies.

My question today is…..What is “Business Coaching For Entrepreneurs?” Now Im sure all of you have seen something like this..yes? Perhaps you stuck your toe into the water to see what it was about….what did you find? Was there a business opportunity hidden in the midst of all the very important, knowledgeable, super stars you saw?

Did you find training that would help you? Perhaps you were looking for some help in a current endeavor? when you told the “Coaches” you needed help in your current business what was the response you got? Better question might be, “Would your current mentor help in another business?”

Perhaps it was “Our program will help you make money in your current business PLUS you can make money by referring people into our MENTORING program?”

Hundreds of programs, hundreds of great people telling you how to make money, all the information makes you dizzy, you dont know who to believe…… well I’m going to share a few facts with you that might surprise you.

1. A referral program that will help you build your main business will hinder you in that process, you begin and soon you find yourself spending more time on a tool than building your house……

2. About the internet, its a great thing but it does not mean success to you. Give this some thought, how did hundreds of people make millions of dollars BEFORE the internet? Before the fax machine? People had skills and companies weren’t greedy and filled with egoistical people.

3. You NEED to know the facts of your business, how you and your team get paid, if you can lose your check after years of hard work and who is looking after you and your success? Company P&P’s are filled with “gotchas” and unless you know what to look for you will never see it. Below are some examples…..

Read the rest of this entry »

Tell your prospect that he must “qualify” to join your program.

You could say this:

“Mr. Prospect. I don’t want you to join my business if it’s not for you. So, before you make a decision, do this. Come to next week’s    opportunity meeting and bring two guests. After the meeting, see how your guests react. See how you feel about our business. And then, make a decision.”

Read the rest of this entry »

Every week some local restaurant is trying to entice business people to eat lunch at its establishment by offering a drawing for a ‘free lunch.’  These business people dutifully place their business cards in the
fishbowl hoping for a free meal.

After the big prize drawing, this fish bowl is unceremoniously dumped in the trashcan so that next weeks drawing can continue.

Want prospects with real business experience? No problem.

Find several restaurants in your area catering to the business lunch crowd and start using the ‘fish bowl’ strategy.

Each restaurant will attract business people from its local area so you won’t get lots of ‘overlap’ by going to multiple restaurants.

Ask the manager, ‘What do you do with those cards after the drawing?’

You’ll hear, ‘I just throw them in the trash.’

You say, ‘Let me take them off your hands!’

Prepare to leave with numerous cards in your hands, pockets, brief case, etc.

Read the rest of this entry »

What is your goal in MLM? I’m sure money is near the top of the list. I also know for most of us its also to help others. Now I’m not sure about you but when I die I dont want written on my tombstone, “Here lies Randy Fried, he paid off his mortgage and all his credit card bills”…LOL

I will be remembered as a person that cared for others and helped them become all that they can be! So how will you help them? Do you have a business that gives them all the “how to” training?

Lets go back to the original “why”. MONEY. I will assume you want to go to the bank and say to the teller deposit this please, and when she says t0 you, “checking or savings” you most probably want to say….”Either one it makes no difference I get them every week!”.

Now in order for you to do that you will need to have a business that you actually get paid fairly for all your hard work! You will also need to have your team in to be able to make money because we all know “no pay no stay” and that is the reason why our failure rate is so high in MLM and also the reason people change companies every 3 months.

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Many prospects are afraid to try a new product or investigate an opportunity. They kindly tell us, “No. I’m busy. I’m not interested.”

You can use a simple guilt approach to motivate the prospect to at least look at what you have to offer. Here is an example.

A company sold water filters. Their distributors were trained to simply loan the water filter to a prospect for one week. At the end of the week the distributor would pick up the water filter or take an order for a new water filter.

Only one problem. Prospects wouldn’t let the distributors leave off a trial water filter.

Read the rest of this entry »

* How To Get An Extra Paycheck Every Month – Legally!

* The Get-Rich Plan For People Over 40.

* I Knew He Was A Maniac, But He Was Right About One Thing!

* 3 More Reasons Not To Work For Your Overpaid Idiot Boss.

* Become More Popular – By Becoming Rich.

* Stop Paying The Maximum Tax On Your Paycheck.

* Work Part-Time, Live Full-Time.

* How To Call In Sick Seven Days A Week.

* Leave Your Boss A Good-Bye Note.

* Work For 50 Weeks. Vacation For Two Weeks.
Is That Fair?

* Why Some People Don’t Care If They Get Fired.

* The Secret Paycheck You Didn’t Get.

* Would You Rather Have A 3-Day Workweek?

* Here Is How To Make Your In-Laws Jealous.

* Can An Employee Become Rich? — Nah.

You can use headlines like these on your business
card. These headlines will be much more impressive
to your prospects than your name.

Your prospects are only interested in themselves.

That’s why we have to grab their favorable attention
with world-class sentences. So invest your time and
energy in creating many of these business-building
sentences.

FREE SUCCESS MANUAL

If you have ever wondered how to build your business without buying leads or joining a paid program to have more prospects? Then you need some of Tom “Big Al” Schreiters free training, 40 years in this great industry is sure to get you on track!!

Every Saturday, at 1 PM Eastern Time, our skills group is hosting free Webinar’s that will be teaching “Big Al’s 25 Skills”…the skills necessary for success in your network marketing business.

“You will hear Big Al himself discussing each skill, and you won’t have to pay a thing!

“Covering each skill will take 2 weeks, and they will be recorded for playback.  Here is a link to the 25 Skills:    http://bigalskills.com/

Here is the link to view/listen to the past and register for future free webinars http://mlmreadysetgo.info mention Randy Fried as your inviter. Still some wonder why we do this? It’s because we believe in this great industry, no matter what company you partner with you deserve the training to be successful.

Are You Working For Minimum Wage in Network Marketing?

Many Network Marketers are working working for minimum wage and do not realize it.

Check the number of hours that you are working and divide that into your bonus check amount to get your answer.

It is usually a shock when we see the answer.

The remedy is to spend fewer hours using skills that do not work and learn the skills that do get results.

If the results that you want include more customers and partners then contact me to learn the 25 skills that work and they are free.

Save yourself any more failure, frustration and minimum wage checks.

Are you walking past a fortune?

Would you like to be swamped with prospects?

 Get an extra Weekly Paycheck

Tom “big al” Schreiter can teach you how to build a great business just by knowing what to say and do..here is another example of his knowledge, notice NO EGO, NO AGENDA…..

Let’s say that my sponsor lives too far away. I can’t become successful because my sponsor doesn’t come to help me. How are we going to move my thinking from distributor thinking to leadership thinking?

Here’s a story you could tell me.

You: Tom, I know you think that you can’t become  successful because I live too far away. I can’t  help you do local meetings and I can’t come to
Houston to help you do two-on-one presentations.

However, let’s imagine that you’re taking a flight  home to Houston, Texas. There is another passenger  sitting next to you on the airplane. Your casual conversation goes like this:

Tom: Hey, what do you do for a living?

Passenger: I am the president of a local entrepreneurs’ club. We have 10,000 members and they’re all entrepreneurs. We meet in the evenings
because we all have regular jobs, but our club is looking for a part-time business to get into.

Tom: Oh really? What kind of business?

Passenger: Well, we don’t want to have stores because that would be boring. We’d be tied down to one location.

We’re outgoing people and we’re interested in sales and marketing. We enjoy meeting, networking, and working with other people. We don’t have a lot of money to invest – maybe only a couple thousand dollars each.

But we’re willing to work as hard as we can to build successful businesses.

But you know what? I haven’t been able to find any part-time business for our members yet. And if I don’t find something pretty soon, they’re going to throw me out of office. I’m pretty worried.

You: So what are you thinking, Tom? You’re thinking, ‘Oh, man, I’ve hit the mother lode! My business opportunity is going to be perfect for
them. She’s going to thank me.’ And then Tom, you ask:

Tom: Oh, by the way, where do you live?

Passenger: I live in Miami.

You: And now Tom, you’re going to throw up your hands in despair and say:

Tom: Oh no! That’s too bad. I could never sponsor you because I wouldn’t be local.

At that point, I change my thinking. I understand that if I keep believing that the sponsor must live locally, I’d pass by many great opportunities. In fact, if I keep that distributor thinking, that would mean that I could never sponsor someone more than ten miles away from my house!

After you tell me that story, will my thinking move from distributor thinking to leadership thinking? Maybe not all the way, but I’m getting closer, right?

FREE SUCCESS MANUAL

If you have ever wondered how to build your business without buying leads or joining a paid program to have more prospects? Then you need some of Tom “Big Al” Schreiters free training, 40 years in this great industry is sure to get you on track!!

Every Saturday, at 1 PM Eastern Time, our skills group is hosting free Webinar’s that will be teaching “Big Al’s 25 Skills”…the skills necessary for success in your network marketing business.

“You will hear Big Al himself discussing each skill, and you won’t have to pay a thing!

“Covering each skill will take 2 weeks, and they will be recorded for playback.  Here is a link to the 25 Skills:    http://bigalskills.com/

Here is the link to view/listen to the past and register for future free webinars http://mlmreadysetgo.info mention Randy Fried as your inviter. Still some wonder why we do this? It’s because we believe in this great industry, no matter what company you partner with you deserve the training to be successful.

Are You Working For Minimum Wage in Network Marketing?

Many Network Marketers are working working for minimum wage and do not realize it.

Check the number of hours that you are working and divide that into your bonus check amount to get your answer.

It is usually a shock when we see the answer.

The remedy is to spend fewer hours using skills that do not work and learn the skills that do get results.

If the results that you want include more customers and partners then contact me to learn the 25 skills that work and they are free.

Save yourself any more failure, frustration and minimum wage checks.

Are you walking past a fortune?

Would you like to be swamped with prospects?

 Get an extra Weekly Paycheck

My dear friends Bob and Anna Bassett have again brought some interesting MLM facts to the table, enjoy!!!

Lou Abbott (MLM – The Whole Truth) speaks out about binary compensation plans:

“Binary compensation plans have a huge unsolvable problem that makes them inherently unfair and bad for the industry.”

According to Lou, the pros of the binary are:

1. You only have to build one leg.

2. You get spillover.

3. You get paid to infinite depth on one leg and perhaps some from the other leg.

4. You can have multiple business centers.

5. Matching bonuses are a smart improvement, solving the big problem of finding your strong builder in your power leg, not your pay leg.

6. You can join a power leg where someone builds your strong leg and you only have to build your pay leg.  [Ed: Some consider this a pro, but Abbott and Olson call it a major con.]

The cons are:

1. You must balance your legs.

2. You get paid commissions like 10% on weaker leg.  [Ed: This makes your commissions actually 5%!]

3. Spillover creates entitlement and a welfare mentality leading to zero business.

4. Binary Creep:  Early binaries paid out too much to top leaders and then eventually too much to the field, making the company unviable.  This was solved by caps on earnings.

5. Power legs lead to binary games.  Leaders will demand to be placed in a power leg where one leg is built for them.  They will work only if the upline builds the leg for them, leading to more entitlement and more welfare mentality.

6. Binary compensation plans are inherently unfair.

Jeff Olson (The Slight Edge) has had huge success and experience in the network marketing industry.  Jeff makes things obvious when he explains …

“Binaries are wrong.  Experienced leaders who understand the industry will demand to be inserted into a power leg so they only have to develop their pay leg.  They prey upon people who know nothing and put them into their pay leg.  Those people now have to build two legs while the leader only has to build one.  The inexperienced people have to do twice as much as the experienced leader because “they just didn’t know.”

That’s not fair.  It’s the big secret of binaries. 

People eventually realize what has happened to them when they can’t get powerful networkers to join them in a pay leg.  Once they understand they have been tricked, they will leave and go to another company where they can demand to be put in a power leg.  In that company, they will put people into their pay leg and repeat the unfair cycle. 

There’s no stability in a revolving door.”

A lack of understanding of our industry can cost you thousands of dollars and years of failure and frustration.  To protect yourself and to maximize your success, you’ll want to read this free report, Big MLM Lies.

And please enjoy the video below by Lou Abbott and Jeff Olson!

FREE SUCCESS MANUAL

If you have ever wondered how to build your business without buying leads or joining a paid program to have more prospects? Then you need some of Tom “Big Al” Schreiters free training, 40 years in this great industry is sure to get you on track!!

Every Saturday, at 1 PM Eastern Time, our skills group is hosting free Webinar’s that will be teaching “Big Al’s 25 Skills”…the skills necessary for success in your network marketing business.

“You will hear Big Al himself discussing each skill, and you won’t have to pay a thing!

“Covering each skill will take 2 weeks, and they will be recorded for playback.  Here is a link to the 25 Skills:    http://bigalskills.com/

Here is the link to view/listen to the past and register for future free webinars http://mlmreadysetgo.info mention Randy Fried as your inviter. Still some wonder why we do this? It’s because we believe in this great industry, no matter what company you partner with you deserve the training to be successful.

Are You Working For Minimum Wage in Network Marketing?

Many Network Marketers are working working for minimum wage and do not realize it.

Check the number of hours that you are working and divide that into your bonus check amount to get your answer.

It is usually a shock when we see the answer.

The remedy is to spend fewer hours using skills that do not work and learn the skills that do get results.

If the results that you want include more customers and partners then contact me to learn the 25 skills that work and they are free.

Save yourself any more failure, frustration and minimum wage checks.

Are you walking past a fortune?

Would you like to be swamped with prospects?

 Get an extra Weekly Paycheck

Today we will address the psychological part of network marketing. Lets view this wonderful Charlie Brown cartoon and then we will briefly compare it to your networking business.

Great!!! Now where would Charlie Brown have been with this kind of support if he were a network marketer?
1. He sees himslef as a failure, have you ever seen yourself in this way? Do the close people around you see you this way in the networking arena?
2. Are your family and friends always showing you your failures and mistakes? and they can and will tell you all the time your failures!!! Of course they love you, their just trying to save you from your own destruction!!
3. Go ahead Charlie Brown kick the football, or for us in networking get a part time job get a better job, work for 40 years so you can retire on 1/2 of what you cant live on now Charlie Brown!!
4. Ok its time Charlie brown KICK the ball!! who’s holding your ball? Your friends and family? Your MLM company? A guru that just wants your money?

Let a group of people that care about people help you kick the ball into the stratosphere!!! Join me for some great free training, no deals, no money and no pulling the ball away when your ready to show them all what you got!!!!

Start by reading or free no hook E-BOOK and get the best generic training in the world MLM READY SET GO!!!!

There is a world full of people that would like to see you have the success that most only dream of!!!!!