MLM Networking Women

Training for Building a Home Based Business on the Internet.

Ezine Articles 4th HAHD Challenge

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Ezine Articles is giving us another opportunity to challenge our literary and marketing skills with the 4th Hundred Articles in a Hundred Days Challenge.

 

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Participating in this challenge is a valuable chance to increase your web presence while polishing your writing and keyword skills.

Why is it important to write?

When you are using the internet to market your home based business, you will need to have a web presence that shows your value as a leader.

These days, when most people want to know something, they turn to the internet search engines.

Writing blogs and articles is a great way to get search engines like Google to recognize you.

So, it is in our best interest to court the search engines when marketing our businesses.

 

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The challenge begins today, May 1st, and ends at 11:59 PM CST on August 8, 2010.

Ezine Articles has made signing up for the challenge a breeze by logging into your member interface.  They’ve written a blog post to guide you through the process.

If you read my previous post about how I did not the make the challenge…how I even fell far short of the goal at 28 articles submitted…you may wonder why I am even trying it again.

Because it is a challenge.

It is challenging me to rise above my current marketing performance and strive to reach a new goal.

This is what growth is all about.

This is what leadership is about.

Step out and enter the race to better yourself.  You are guaranteed to learn something and gain new skills.

You will also be braving new territory that your business associates will want to follow you into.

 

Believe In your Success, I Do!
Karen

mentor.karen.j.miller@gmail.net

What Do Those Numbers Mean Making Sense of the Comp Plan

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When approached with an opportunity to join a Network Marketing Business, you are often presented with a Compensation Plan.

Usually someone in your prospective sponsor’s upline who has reached a high leadership level will explain it.

There are usually graphs, diagrams, and examples illustrated.

 

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The presentation most likely focuses on what you could potentially earn if you build big.

This often leaves the prospect…you…starry eyed and quivering with the anticipation of making enough money to pay off your debts and house, retire early, and buy your own private paradise island complete with a yacht.

One of the tables that might be overlooked in the presentation is the disclosure of Distributor Statistics.

These statistics may tell you the percentage of distributor retention, average earnings, and rate of advancement. 

 

Additional Distributor Statistics

51% of our distributors earn between $126.00 and $646.00 annually.

2% of distributors advance from a development level to a leadership level.

47% of distributors advance beyond the basic rank.

 

The above numbers tell us important realities.

 

1.  Just over half of the distributors make on average $126 to $646 annually

That means per year
That works out to an average of $10.50 to $54 per month.
Most would agree those figures are a far cry from the 5 figure per month incomes we are shown during presentations!  

2.  Only 2% of all distributors advance to leadership positions.

That is likely the level one has to achieve in order to make those 5 figure incomes.

3.  Almost half of all distributors advance beyond the basic level.

This could mean any level of advancement.
It at least indicates that almost half of the people putting in an effort to build a business actually do make some progress.

 

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It is important to pay attention to these figures for one reason.

It helps to get your feet planted firmly on the ground!

The people presenting the comp plan and other aspects of the business opportunity are not intentionally misleading you.

But the fact remains that part of your success in a Network Marketing business is in sponsoring new distributors.

To maximize distributor satisfaction and create a feeling that each person is successful and building their business, you need to sponsor people relatively quickly.

Therefore, business presentations are designed to dangle a shinny object in front of a prospect who is hungry for extra money.

Key elements are presented in writing right in front of your face, but not directly explained in the presentation.

Often these items are not seen or read until after signing on the dotted line…if at all.

Make a point of reading everything before you sign!  At least you will be entering your new opportunity with your eyes wide open.

 

Believe In Your Success, I Do!
Karen
mentor.karen.j.miller@gmail.com

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