Starting a direct selling business can make a good source of income and reap great benefits IF you’re ready to handle the tough challenges it comes with. This is especially true for most new dealers who have big dreams but lack the proper knowledge on where to begin and what to expect.
Some recruits join a network to earn extra income while others want to get rich quick. This is not impossible because many others have created great wealth using the same business model. This is definitely the right kind of thinking but the problem is that most new recruits aren’t disciplined enough to develop the right entrepreneur mindset and learn the skills to succeed.
Here are some important points to consider for new recruits and even experienced sellers.
Training and Practice
Attend all your training sessions and learn as much as you can. Get advice from sales veterans and look for inspiration. Observe the top sellers and emulate their strategy. You practice daily to earn the most from your commission payouts.
You don’t need to spend a lot of money starting a direct sales business but you can invest in personal training courses. Personal growth and mastering business development are crucial to one’s success. You need to put in the daily work to become a master and maximize your income.
The day you stop learning is the day you put a cap on your earning!
Take 100% ownership and responsibility for your success and failures. Don’t get slowed down waiting for delayed orders or referrals. Do more action than planning. The more time and effort you invest, the more involved you’ll feel towards your business.
Set ultra-specific targets and do everything you can to reach them. Keep your eyes on the prize.
Examples of specific targets for you can follow:
- Signup five new recruits each week
- Sell P50,000 worth of product each month
- Get 10 new leads each day
- Get promoted to supervisor position in three months
- Become General Manager in one year
Being specific is important because it allows you to condition your mind to reach a goal. Specific targets are easy to measure so you know if you’re doing good or not.
Focus on your successes and forget the losses. You are only as good as your last result. Try to have a “short term memory” as a way to shake off disappointing results. Learn from the setbacks and always look to improve.
Set clear expectations in terms of how much you can earn based on your efforts. You only get what you give. If you want to earn six-figures a month but only work 10 hours a week, that’s not likely to happen.
Setting high expectations can sometimes be better than lowering them. For example, you want to earn one-million Pesos within six-months and you give your best effort and spend every waking hour to achieve it. Even if you only reach half your goal, that’s still five-hundred thousand.
Never Give Up
If you should learn anything from this article this is it:
What do you do when you get knocked down?
YOU GET UP!
Don’t be afraid of failure but more importantly believe in your heart that you will overcome all obstacles and win the race.
Attrition rates for new recruits are extremely high and it’s not a secret that most new dealers will quit early. Some recruits are great at direct sales right away. Some get the hang of it after a couple of months.
It takes a lot of hard work and dedication to succeed in direct sales. If you are an experienced dealer Instead of telling prospective recruits how easy network marketing is, how about giving them practical and useful advice.
You can make huge earnings if you work hard for it and don’t give up. Given the right direct selling business opportunity, anyone with a good attitude and preparation will succeed.
Okay, now it’s your turn
- Tell us what your biggest problems and concerns are in starting a direct selling business?
- What training, tools, or resources do you think will help your business succeed?
- If you are an experienced network marketer, what is your best advice for new recruits?
Reply with a comment below. To apply for free dealership click here.
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