Magnetic Sponsoring

April 13, 2009

How to Lose Friends, Irritate Everyone and Lose Sales in the Process, by Ken McVay

There’s a chap in Florida that markets himself as “the Master of Internet Prospecting.”

He is a good mentor, he provides a good product, his training videos are concise and complete, and his websites convert well.

I know these things because I paid the man $200 for one of his video courses so I could learn how to use social networking sites for developing prospects.

I was, and am, fully satisfied with the product I purchased, although I quickly discovered that things weren’t quite as simple as this “guru” led me to believe.

I got my money’s worth, but he will never get another penny.

“Ouch!” you say? What’s wrong with this picture? How did this man move me from “completely satisfied customer” to “irritated victim?”

One of the products this man provides is a daily motivation site which uses a scheduled autoresponder to send subscribers a daily motivational message. This message, with copyright information included, can then be used to keep your name in front of all of your social networking “friends.” The motivational messages are free, and may be freely republished, so long as you include the copyright data.

I use them every day on MySpace, where I have more than 4,000 friends. I know – because many of them tell me – that everyone enjoys reading these inspirational messages. In fact, many of my MySpace friends pass these messages on to their friends, where they act as a viral marketing tool for their author.

That’s neat, and I’m grateful to have this service. I get free value, he builds a viral market.

Alas, once you’ve subscribed to these “daily motivations,” you become a target for seemingly endless sales pitches for this or that training course. How endless? On one memorable day, I received more than six of this man’s pitches! As if that weren’t annoying enough, I also get the same messages from the scheduled autoresponder he uses to maintain contact with his paying clients.

So, Instead of SIX sales pitches that memorable day, I got THIRTEEN! Perhaps you begin to understand why this man is unlikely to get another penny out of me. He abuses the trust his subscribers place in him and overloads them with spam. I am not going to reward his poor judgment by giving him more money, and neither should you.

I bought my original course in February of 2008, so I have been receiving this man’s marketing barrage for more than a year. During that time, I have made some interesting observations. He does long run-ups to promote his training programs… I hear about them for a month or more before the actual date arrives. He always includes testimonials, which is good marketing practice, but I rarely find them convincing. They seem just a bit too self-serving to me, and the irritation I feel at receiving one or two pitches from the man every day diminish the credibility of his message.

He also – always – warns that the class is about to sell out, then, at the last moment, he describes some sort of “mistake” that forces him to offer “just one or two more seats” to – you guessed it – the same weary targets.

“My server crashed during the final moments of sign ups,” or “My son made a mistake and may have deleted some of our late sign ups,” or “Our credit card processor’s software failed at a critical point, and your orders may have been lost.” You get the idea… Every single ad campaign for every single course includes one of these “disasters” that “force” him to re-open registration, “just in case we missed your order.”

I subscribe to a good many mailing lists. Most of them are quite valuable, and none of them, with the singular exception of “the Master of Internet Prospecting,” abuse the privilege I have granted of being welcome to access my Inbox whenever they wish, and that leads us to the point of this exercise.

Every single one of them provides me with valuable free information, and every single one of them wants to sell me something. I know that, and they know I know, and it works. It works because everyone wins.

When I get mail from Frank Kern, Mike Dillard, Tim & Anthony Buchalka, Anik Singal, Brent Hodgson or Steve Clayton, I read it.

I’m a big fan of Mike Dillard’s “Magnetic Sponsoring,” and those of you who have read Mike’s powerful book already understand why I axed “the Master of Internet Prospecting” from my reading list, while I continue to read Kern, Clayton, Mike Dillard and the others.

Mike Dillard is representative of them all. He does not contact me on a daily basis. When he does, he gives me valuable free advice long before he adds a sales message. That advice is so valuable that I recommend Mike’s newsletters to anyone, whether they ever intend to buy his products or not. Frank Kern and the others are the same. They offer real value, and they treat their readers with respect. In return, they generate sales, over and over again.

The guys who “get it” provide me with value whether I buy from them or not (I often do… that’s a clue!) They help me improve my marketing skills, obtain better Page Rankings on Google, and maximize my income. They never, ever, insult my intelligence, and they never, ever, flood my Inbox with garbage. When they ask me for my money, I often give it to them, and when I don’t, it isn’t because they’re annoying me, it’s because my monthly budget has been exhausted.

They never seem to suffer those nagging problems “the Master of Internet Prospecting” seems to encounter on a regular basis.

Frankly, I think “the Master of Internet Prospecting” should get a copy of “Magnetic Sponsoring” and discover why I don’t read his email any more.

Ken McVay has been marketing online since 1998, and is currently writing an online training guide to creating and maintaining monetized blogs. Ken’s an avid fan of Mike Dillard’s Magnetic Sponsoring, and invites you to visit his Magnetic Sponsoring blog at http://KenMcVay.com

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March 25, 2009

Mike Dillard explains “How to Measure Your Level of Core Desire.”

Mike DillardBuildYourOwnMLM.com Why do so many people quit the business of network/internet marketing and never achieve true freedom and wealth?On the surface this may seem like a very simple question that could be answered by a few of the typical/obvious answers:

* They quit

* They didn’t plug in

* They didn’t participate

Whatever… What you want to ask yourself, or maybe even know about yourself, is why…why didn’t they follow through, while others do? When I finally learned the answer to this question last week listening to a CD in my MLM university (aka, my truck), it was quite sobering.

Not only did the reason behind their results come into the open, but the reason for my recent spat of success became apparent as well. So what’s the answer?

Why do most people fail when a select few succeed? Drum roll please…Those who do succeed have a core desire to do so. Those who don’t share that same core level of desire will not.

“Desire… Ya Mike I’ve already heard that 100 times from my upline: Just look for people with desire and you’ll do great… yada yada yada… Everyone I talk to has the desire to make more money. It hasn’t made any difference so far.”

And you’re right. The difference is in their level of desire.

The only time anything ever gets done in your life is when you follow it through to completion with a sense of urgency – when your desire to accomplish that task is at a core level of 100 on a scale of 100.

You must accomplish it. It’s a part of you. It consumes you. It dominates your thoughts above and beyond anything else each day and all day.

These are core desires, and the people who achieve notable success in network marketing, have that accomplishment as a core desire. That core desire brings them freedom and wealth.

They are the ones you see on stage and hear on the training calls. That’s it. That’s the secret.

If attaining your goal means paying off your credit cards, buying a house, saving for retirement, or firing your boss, then you are lacking core desire, you are not attached to your networking business enough, and you will not succeed. Period.

The sad truth, is that most people in the network/internet marketing industry did not buy a business, they bought hope. And hope is never backed by true desire.

Hope is for the undecided. A career in network marketing (i.e. a boss free life), has been a core desire of mine for the last 7 years.

I’ve moved across the country because of it. I’ve taken certain jobs because of it. I’ve dated or not dated because of it. I spent money on training instead of furniture because of it.

The desire to never work for anyone else again has been a dominating force in my life, and it’s the reason I didn’t quit after the first 6 years of hell. It’s the reason I continued to pour every spare cent I ever made into my business.

It’s the reason I pawned a $3,000 bike I won two state championships on to buy advertising – and came up empty.

Yet I kept going forward without doubt because I have this core desire at a level of 100 to succeed in networking.

And this means my success was 100% guaranteed. It was no longer a matter of IF, but WHEN.

So that’s why people you sponsor quit. Don’t get frustrated. 80% of people who join you will never sponsor more than 1 rep or customer.

Most people simple don’t have the desire at a level of 100 to accomplish their goals through their new business. They just bought hope in order to quiet that little voice inside them that keeps nagging them to make a change.

Once they buy the networking business, and they don’t make $1,000 in 5 days, they can then justify their fear of change with the “logic” that it just “didn’t work,” and that they knew it was a scam to begin with… This is especially true with opportunity seekers, which is why I don’t waste my money on these types of people and why you shouldn’t either.

Ha. So sad, yet so true. People are funny aren’t they? So my question to you is… What is your desire level to achieve your goal through network marketing?

Is it at 50? (like most people) Is it at 80? (not enough) Is it at 90? (not enough)

Or is it at 100? (The only number that will produce results). You should be able to tell pretty quickly.

What do you do each day to build your business? How many books on the industry do you own? How many conference calls are you on each week? How many people do you talk to about your business/product each day?

What would you be willing to give and sacrifice to succeed? I hope the answer to that questions is “whatever it takes,” because I can promise you the end result is worth the sacrifice. So how can you tell if your prospect is going to succeed or fail from the very first phone call?

Easy…Ask them this question: “So which books are you currently reading on self-development and marketing?” Anyone who is truly serious about being a successful entrepreneur will be able to name at least one book they are reading right now.

My suggestion is that you change your mindset today and get involved. Take responsibility for your personal success and set aside the excuses that have kept you in that JOB for so many years.

Start increasing your value to the world by increasing your knowledge and abilities. Only then will the world be willing to pay you back with freedom and wealth.

From waiting tables to millionaire at 29, Mike Dillard, is a professional marketer who has taught over 100,000 entrepreneurs from around the world how to tap into the power of his attraction marketing techniques. Sign up for his free on-line boot camp at: BuildYourOwnMLM.com

Article Source: http://EzineArticles.com/?expert=Mike_Dillard

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March 18, 2009

Mike Dillard says, “Don’t Manage Your Prospects – It Will Drown Your Business”

Mike DillardBuildYourOwnMLM.com I remember feeling quite guilty… Almost depressed for some of the people’s lack of success on my team. If you are a network or internet marketer you can relate to the frustration of not being able to find prospects that succeed and stay in your business opportunity long-term.You probably feel that no matter how hard you try to help prospects start their business, If they’re not making a living in 12 months…they’re over it.

You continue to try various ways to encourage them, however, duplicating yourself just doesn’t seem to happen. Why? Every network marketer with at least 50 reps will start to wrestle with this question at some point.

When this happened to me I started spending the vast majority of my time developing new websites, new systems, and new tools in order to help them achieve the success they said they so badly wanted. I basically stopped sponsoring all together and got into the dreaded “management mode,” where 90% of my time was spent on training and tool development.

But the funny part, is that nothing ever changed. It didn’t matter what I did for them. It didn’t matter how bad I wanted “success” for them. The people who were getting results, continued to do so, while those who were treading water, kept treading.

Understand this right now: The only thing you can do that will truly help your business and your team members is to lead by example. Just do the things that you need to personally do on a daily basis to build your business – Advertising, prospecting, follow-up, and new rep orientation.

One training call per week for new reps, tops… Spend more of your time one-on-one with your producers, and that’s it.

Just as it is a sorting game to find new reps, it is a sorting game to find reps that will work and achieve once they join. The sad truth is that 90% of those who start a networking business aren’t really serious about becoming self-employed. They are just looking to “buy some hope,” so they can quiet the voices of discontent in their heads.

Soon enough, they’ll find an excuse as to why “it didn’t work for them,” and quit. And there’s nothing you can do about it. So:

* Don’t spend your time and energy worrying about it.

* Do not cater to their weakness.

* Do not change your tools if they are working for you.

* Do not change your website if it is working for you.

* Do not change your system if it is working for you -just because it doesn’t work for others. It never will work for them, and that is their issue, not yours.

Build YOUR business. Lead by example, and the right one’s (the few), will follow you. Put your blinders on to everything and everyone else. I tolerate zero negativity in my life now. Someone sends an unfriendly email… Adios. They’re off my list and out of my life.

I was at a convention once and I asked a whale of a network marketer what I needed to do because my down-line had gotten stagnant(I had basically stopped recruiting). “Find new blood” was his answer, and he was right. You’re not here to save people.

You’re here to give them an opportunity to save themselves. Most won’t. And only they can ever change that.

As a business owner, it’s much smarter to find “doers” and leaders than it is to turn people into them (which is basically impossible without their personal conviction to do so).

It is also very important that you leverage large numbers in your business building efforts, because you won’t even notice the whiners, complainers, and quitters when you’re dealing with thousands of people. The best way to do that is to start advertising, then build and maintain a list that you drip on over time. Each new contact will bring new, interested prospects and reps to the table.

From waiting tables to millionaire at 29, Mike Dillard, is a professional marketer who has taught over 100,000 entrepreneurs from around the world how to tap into the power of his attraction marketing techniques. Sign up for his free on-line boot camp at: BuildYourOwnMLM.com

Article Source: http://EzineArticles.com/?expert=Mike_Dillard

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March 11, 2009

How To Create And Provide A System That Brings Results (Mike Dillard)

Mike DillardBuildYourOwnMLM.com Do you ever feel like you bought a business in a box, but that a few parts might be missing? You know… The pieces that actually make the system produce results?Well, if you feel like that, it’s because you’re right. Ray Kroc, the franchise master of McDonald’s was a genius in more ways than one.

MLM has been compared to a McDonald’s franchise in many ways, on many occasions. If you haven’t come across these comparisons before, I’m sure you can quickly think of a few on your own.

Here is what you may not have realized about Ray, McDonald’s, and your business… Ray’s primary mission was to sell McDonald’s franchises to franchise buyers, which then sell the burgers to the customers. More franchises = more burgers sold. Pretty simple.

Our job as networkers is no different. We sell our franchise opportunity to others, and collectively market the product to the end consumer.

Here’s the interesting part to this… McDonald’s food sucks. It’s about as far from good, fresh, quality food that you can get.

Yet it’s the largest and most successful franchise and fast food restaurant in the history of human kind. How in the world is that possible?

How can you become #1, by selling an inferior product?! It goes against everything we think we know about business. Well, this is exactly where the genius of Ray Kroc becomes apparent.

If you wish to turn your business into the ultimate franchise system that will bring you unbelievable results:

* How to build a duplicatable system so effective, that anyone who bothers to show up to work will be successful.

* How to create the machines that bring in the customers.

* How to create the marketing that sells them on your product or service.

* How to become the Ray Kroc of MLM and leave the competition’s head spinning.

Ray knew the product wasn’t going to be the initial key to success for his franchise buyers, just as your product is not the initial key to your success in your MLM business.

Having a good product is important after the fact… Once you actually have customers. Then it’s critical to give them exactly what they want.

The key to McDonald’s success, with both franchise owners and customers, was their duplicatable system. Ray knew his food couldn’t compare to the quality of other franchises.

He also knew that potential franchise buyers didn’t give a hoot about McDonald’s or their burgers. What they did want, was results (money).

So Ray sold them EXACTLY what they wanted, which wasn’t a restaurant, but a machine that acquired customers, and turned them into cash. He didn’t sell them the food, he sold them a system.

In fact the system was so fine-tuned, that you could take a team of unskilled, inexperienced high school kids, and have them run the show. All they did was flip the switches, that ran the machine, which did the majority of the work behind the scenes.

The competition didn’t have a chance. Ray’s system was like a greased chute. You turn it on, and it will bring predictable end results every time.

Franchise owners started buying and setting these machines up by the thousands, turned them on, and got the end result. That is why they bought McDonald’s over the competition.

As these machines popped up around the country, the end product to the consumer became more than just food. It became the predictable expectation and atmosphere provided by Ray’s magical machines.

And that is what McDonald’s provides better than anyone else in the world. That is their true product to the consumer.

You go to McDonald’s because you know exactly what to expect. It’s a comfort for people. So, as a network marketer, selling a business franchise, what are you selling to your potential buyers?

Unfortunately, you are probably trying to sell them on your company and your product. (A mine-is-better-than-yours-burger-with all the trimmings).

Am I right? You have a ton of websites and material about your company’s history, their record breaking growth, their debt-free finances, the ORAC value of your product, the Physician’s desk reference number, the user testimonials… Blah blah blah.

Be smart. Do what Ray did.

People get rich in this world by solving other people’s problems, and when you sell someone your opportunity, you are not solving a problem, you are giving them a bigger one!

Product and comp plans don’t make you successful. Systems do. And when I say systems, I mean a complete system which includes the pieces that bring in your customers (ads), sell them your product (marketing), and then deliver the goods.

These machines (ads and marketing) should be doing the work for you. All you need to do is push the “Go Button” and become buddies (customer service, cashiers) with the folks who come through the system. Not because you are unskilled or lazy, but because a system is duplicatable and you are not.

It provides a predictable result. Show them and sell them a system for attaining the results they want, and they could care less about ORAC values, price points, and competition.

Solve their problem. Provide them with a system that brings results, and you will reap success beyond your wildest dreams.

From waiting tables to millionaire at 29, Mike Dillard, is a professional marketer who has taught over 100,000 entrepreneurs from around the world how to tap into the power of his attraction marketing techniques. Sign up for his free on-line boot camp at: BuildYourOwnMLM.com

Article Source: http://EzineArticles.com/?expert=Mike_Dillard

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March 7, 2009

It’s All Your Fault, Mike Dillard.

I don’t see things the way I used to.Mike Dillard’s seen to that. When friends used to send me email about some “pre-launch opportunity I just had to get in on, I’d always try to find time to look at whatever it was they were promoting. Sometimes, I’d even do as they suggested and “get in at the top.”

Sometimes I’d make a few bucks… sometimes, it might be a few thousand. In the end, however, they all faded into well deserved obscurity and left me wondering where the next mortgage payment was going to come from.

After more years of this Merry-Go-Round routine than I’ll admit to, one of my newsletter readers sent me a note about Mike Dillard’s Magnetic Sponsoring. He added that Mike was offering some free training, and said, “Don’t bother buying the book – just read the man’s newsletters and grab the free training.”

I won’t recap what happened – you can read about it here – I’ll just assume you’ve read my review and get on with the task at hand.

I can tell you this – my friend was dead wrong. Looking back, I wish he’d told me to buy Magnetic Sponsoring. He could have saved me 2 or 3 years of aimless “marketing” grief, but he chose not to. Looking back, I’d guess that he’d never read the book or taken one of Mike Dillard’s courses, and was simply hoping to profit if and when I did.

I never heard from the guy again, which goes to show you how foolish some “wannabe” marketers can be. HE should have bought the book.

Mike Dillard changed the way I look at things… I devote a lot of time to social networking, primarily on MySpace, where you’ll find me as “Island Roamer.” I have accumulated a Friends List of more than 3,300 people, and, true to Magnetic Sponsoring tenents, I don’t waste time trying to sell them lotions and potions.

Instead, I send them a daily motivational bulletin which includes a link to one of my blogs, so that they can get to know who I am and what I believe.

Every day, without fail, one or two of these MySpace Friends will send me a note… you guessed it… offering me a chance to “get in at the top” with whatever fantasy opportunity they’re flogging this month.

When I get these invitations – blatant commercial pitches – there’s a near-instant realization that the sender isn’t successful, isn’t making any money, and doesn’t know how to change.

I don’t think it, I KNOW it.

How? Because they haven’t even tried to offer me value – they just pitch their “amazing, once in a lifetime deal” because they know I’m a marketer and they assume I’m as poorly prepared for my craft as they are.

Been there, done that, got the credit card bills to prove it.

I don’t have time for that crap. I don’t have time for people whose only interest in me is whatever they can take from me before their “business opportunity” falls apart.

They don’t introduce themselves, they don’t prove their value, they don’t offer to train and support me, they just say “buy this, buy that” and move on to their next victim.

Sure, they mean well, and they think they’re doing things the “right way,” and I’d bet they haven’t a clue why they aren’t making any more money this year than they were last year.

I’d tell them about Mike Dillard, if they’d only ask, but they don’t, and I simply cut them lose and write them off.

They aren’t the kind of folks I want to do business with.

The bottom line? If you haven’t read Mike Dillard’s “Magnetic Sponsoring,” we aren’t going to be doing business together any time soon. I need people on my team who know and understand the principles Mike teaches, and I won’t accept anything less.

Unlike my anonymous “friend” who told me to read Mike’s newsletter and “not waste my money buying the book,” I’m going to tell you, right up front, to get off your ass and get Magnetic Sponsoring now, because I know something you don’t: If you take my advice, the day will come when you’ll thank me.

Thanks, Mike.

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March 4, 2009

Attraction Marketing – Get Your Customers To Come To You (Mike Dillard)

Mike DillardBuildYourOwnMLM.com Those who are into any type of MLM program know just how important marketing is for any type of success. The trouble is that most people don’t know how to market successfully.After spending thousands of dollars, not to mention hours, they give up because they are putting out more than what they are getting back. It’s time to stop doing what doesn’t work and start looking into what does work — attraction marketing works.

Forget spending all your time and extra money trying to find new clients. With attraction marketing you attract qualified leads to you business.

That’s right; they come to you instead of you going to them. Doesn’t that seem like an easier way to build your own network? The days are gone when you have to try to persuade your friends and family to join your network.

Attraction marketing can help you build your own network with people that want to succeed as much as you do. Why? Because with attraction marketing there is no pressure put on them to join or buy.

You simply supply them with valuable, relevant information. This lays the foundation and identifies you as leader. There is no pouncing on prospects with marketing like in the past.

By changing the way you market, you will see the change in your network. A few years ago you may have only had two successful joins out of 10 prospects. Attraction marketing has changed all that. Now talk to 10 people and you will have 8 join.

These are much better numbers. The reason for this change is because attraction marketing doesn’t waste your time talking to uninterested prospects; you will only be talking to those who have an interest in joining. Remember, your prospects come to you now. Building your network just got easier.

Implement a system so that your prospects can get to know and trust you. Give them the ability to contact you when they are ready. If you do this, you will have eliminated all the man hours you previously wasted trying to deal with people without the desire or interest to join your network. Attraction marketing gives you the tools to deal with those who are now well informed about your business and ready to move forward with the next step, and that is joining your network.

Some network marketers look at the Internet with skepticism. They are “old school” and still believe in one-on-one, eye-to-eye marketing. However, the Internet is fast becoming the most popular medium for network marketing, whether the old school marketers like it or not.

The Internet allows users to research almost every detail of any company world wide: this also means that network marketers have the ability to reach prospects world wide.

In order to be successful at attraction marketing you need to familiarize yourself with a few attraction marketing techniques.

The first thing is to learn about the marketing tools that are available to you on the Internet. This will help you learn how to successfully promote your business. There are many marketing strategies that work — and there are just as many that don’t. It is vitally important for you to research each one so you don’t end up wasting your time.

Set yourself up with a blog, complete with all the interesting and valuable information about your business so that you can begin to build your own network. Prospects may not join your business but the seed has been planted. It will take more than visiting your website one time in order to make a decision.

Advertise, advertise, advertise. Use articles and traffic exchanges to help promote your website. The more your website is visible the more you will be looked at as a network marketing leader. The more links you have online, the more prospects you will attract to your website. You want them to come to you, so get your name out there.

Attraction marketing is all about providing valuable information to your prospects, and remember, the more helpful and valuable your information is the greater the chance those prospects will join your company. It will take time and determination on your part, but by using the power of attraction marketing you will begin to build your own network.

From waiting tables to millionaire at 29, Mike Dillard, is a professional marketer who has taught over 100,000 entrepreneurs from around the world how to tap into the power of his attraction marketing techniques. Sign up for his free on-line boot camp at: BuildYourOwnMLM.com

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February 4, 2009

Mike Dillard & His Magnetic Sponsoring Products

http://renegadeuniversity.com Mike Dillard has several products for network marketers which teach methods for attracting prospects to your business. Most are excellent, but additional training may be required. Which ones are for you?

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