7 Types of Prospect. One Can Explode Your Business

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7 Types of Prospect. One Can Explode Your Business

Transcript of 7 Types of Prospect. One Can Explode Your Business

7 Types of Prospect. One Can Explode

Your Business

Network marketing is exciting for those who enter, but unfortunately the good

times end quickly when new distributors are faced with

PROSPECTING.

Their company or sponsor tell them to make a list of friends and family who might be a good fit for the business.

The sponsor then says, “Just bring in 3 people and they will

bring in 3” and so on.

The new distributor is very excited to talk to Aunt Betty, but Aunt Betty turns vicious and writhes on the ground, saying something about a

Pyramid Scheme.

A little deterred, the sponsor assumes Aunt Betty was just having a delayed episode of road rage and moves on to Cousin Scott.

Cousin Scott’s favorite pastime is watching the stock ticker below on the

screen of CNBC and when the new distributor begins to talk to Scott, Scott

flatly states it’s a PONZI.

New Distributor never liked Cousin Scott

anyway.

Then the New Distributor finally get’s enough courage to ask his Uncle, Lawyer Mike, but Lawyer Mike

snickers in that condescending way that instantly reduces New Distributor’

s confidence into oblivion.

And, that’s it! The show is over.

A majority of network marketers quit this way and it doesn’t need to happen

if they learn a different way to prospect.

First, let’s go over the 7 types of prospect starting with the

worst.

7. Strangers: These are well, strangers, they know nothing about you or your business, or even about network marketing.

Strangers are the ones the bravest new distributors prospect after they embarrass themselves with friends and family.

Which friends and family is the second worst at number

six.

Friends and family are there to love you, not to become your business partner who is going to automatically come out of a beer or tortilla stupor and make you millions.

#5 People who are in Sales: These people know how to push product and services, but they still haven’t considered starting a home based business and have little understanding of passive and residual income.

#4 People who are looking for a home-based business: This is getting good. They want what you have, but they still don’t know, like or trust you.

#3 People who buy training for network marketing: These people are really close to deciding which company and sponsor they want to choose before making the final decision.

#2 People who own a home-based business: These people know what network marketing is and they are actively working their business.

This is a huge market. There are 17 million home-based and direct selling members in the United States alone and thousands of new people join a network marketing company everyday.

What could be better than this prospect?

#1 Frustrated Network Marketers: These people know about the business and are active, but they are frustrated for many reasons and might jump into a new company soon or quit the industry altogether.

This is very powerful, because. . .

90% of network marketers are frustrated! They need your expertise because they are lost, or things aren’t going fast enough, or their sponsor disappeared like a B-movie magician.

I am no expert, so how can I help frustrated network marketers and aren’t they my competition? You ask.

No. They are not your competition. Everyone in network marketing should support the industry as a whole and dissing a fellow network marketer is like putting yourself down, which would energetically stifle your business.

And, becoming an expert takes time, but if you read my presentation The Cycle of Wealth you know how to become an expert quickly in this industry and everyone wants to be sponsored by an expert.

The majority of new network marketers jump ship within three months and are looking for the perfect combination of sponsor, company and product.

But, secretly they just want to follow a leader who will increase their chances of success in the industry and there is no perfect combination. Success lies within and with a powerful marketing system.

Our job, as network marketers, is to focus solely on solving the problems of others and I don’t mean what your product can do for them.

I’m talking about painting a solution and end-result for them, whether that be them spending more time with their kids, or feeling great naked in front of a mirror.

The spammy opportunity messages some network

marketers use are ineffective today.

Everyone is inundated with these types of get-rich-quick messages and the more desperate these marketers get the more

outlandish the message.

The only way to rise above the sea of spam and be seen as a leader is to provide education for struggling

network marketers.

People want to join YOU more than a company or product. The more you

learn and teach others the more you will EARN.