I was skeptical about Mike Dillard’s Magnetic Sponsoring when I first heard about it. To be honest with you, I waited more than a year after taking him up on his offer a a free 7-video training boot camp.
Maybe it was because I was just too dense to take it all in. After all, Dillard’s message ran contrary to everything I’d ever been told about marketing, and I convinced myself that it wasn’t worth the miniscule amount of money (just under $40) Mike was asking for the course.
Fortunately, I didn’t un-subscribe as Mike’s daily newsletters began to arrive. That was because I noticed something very different about Mike Dillard’s approach to marketing. Sure, I knew he had stuff he wanted to sell -- I wasn’t born yesterday, and I’d done pretty well myself marketing through a newsletter five or six years ago -- it was how he sold it that fascinated me.
Recently in Dallas, Tom Winn met Mike Dillard and there were stars crossing path in the lone star state of Texas. Tom Winn sat down with Mike Dillard and they discussed Mike Dillard MagneticSponsoring inspiration. Check out the video for in depth look at Magnetic Sponsoring and how it can help you with your home based business.
Mike Dillard was caring and down to earth to grant us an exclusive interview about Magnetic Sponsoring and his affiliate programs. He was in Dallas visiting his friend Jay Kubassek for his marketing event. Guests speaker included DK and Jimmy Davis, Platinum 7 Natalie, howie schwartz and MJ Dickens.
Mike Dillard is a legend is the founding father of attraction marketing in mlm industry. After speaking with Mike Dillard for a while, I discovered that he is a overall smart business minded person. his goal is to pursue business in the general sense where new trends is exploding. Mike Dilallard is progressive in thinking and we owe much of his dedication and deeds to helping others networkers.
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Mike Dillard RIPPED me OFF!
Just kidding!
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In his book, “Magnetic Sponsoring,” Mike Dillard teaches you, the network marketer, how to apply the proper marketing strategies that will turn you into a magnetic sponsor.
Though the “Magnetic Sponsoring” book only prints out 49 pages of content, it does not teach network marketers how to advertise their business, it is a guide, not an exact step by step road map. I can compare the Magnetic Sponsoring book to a conversation Neo and Morpheus had concerning a woman known as “The Oracle” in “The Matrix” the movie 1999.
In a book like this, the information has to be generic and serve as a guide designed to help the network marketer to become a magnetic sponsor, but he/she has to “walk through the door” and apply the information contained therein.
Mike Dillard, once a surgeon recruiter for many hospitals quit his job and became a table waiter in order to pursue his career in network marketing. After discovering the proper use of positioning, and “sellucation” his term for the art of self-selling through education, sponsored ȃ personal reps. and grew his organization to over 5Ǡ within just months and averaged over $500,000 dollars per year in volume sales.
Today he spends his time and efforts teaching network marketers the proper strategies of marketing and magnetic sponsoring, as well as serving as a marketing consultant to industry leaders.
In “Magnetic Sponsoring,” I found out that the strategy of the ABC business model is the most valuable a networker can learn. Mike doesn’t just tell you what Part A, Part B, or Part C is. He teaches you how to apply that principle in your MLM business,network marketing business, internet marketing business, or what ever you want to call it in order to keep your business running, and to make sure there is constant cash flow, and growth.
This book truly brings a fresh, high energy, revolutionary, and an effective approach to network marketing. “Sellucation” is intertwined through out the entire course. Educating prospects and applying the franchise business model is essential for network marketers to become magnetic sponsors.
Though it took me some time to fully understand how to apply magnetic sponsoring marketing techniques into my business, I feel that even people with little or no experience in MLM business, network marketing business, or internet marketing business,should have no problems applying the proper marketing strategies found within the book after reading it a few times.
In his newsletter, Mike guarantees that in just ten days, he can turn you into a MLM lead & cash generating wiz! I have to confess that at first, I did not really believe that; I thought he was just another guy creating a lot of hype to make a quick buck. After reading his “Magnetic Sponsoring” book however, I really see that he can actually back up his claim.
One thing I felt Mike could have done to make his book even better, was maybe expanding on the section about franchising a network marketing business with more specific, detailed explanations and/or illustrations as to how exactly this strategy should be applied so that the reader learns to apply this technique a lot faster, and effectively to his/her MLM business, network marketing business, or internet marketing business. But then again, the information is very generic and it applies to any business. As long as is read carefully a few times, there souldn’t be any problem applying those strategies.
Based on the claims that Mike makes in his free 10-day boot camp training, and in his “Magnetic Sponsoring” book, I could not think of any questions left unanswered, or any unfulfilled promises.
If you are in MLM business, network marketing business, or internet marketing business, you know that the life blood of any business are leads to generate prospects. In order to accomplish that you have to advertise and/or buy leads. If you are running your business on a shoe string budget, and want to generate prospects, generate cash to fund your advertising, and do NOT want to spend yourself out of business buying expensive leads, then my highest recommendation is this: On a five star rating, one being the worst and five being the best, I give the “Magnetic Sponsoring” book a four star rating.
Though Mike Dillard has already produced a follow up ebook with 13 special reports on magnetic sponsoring that he gives as a bonus for acquiring the book, I hope he produces yet another more thorough breakdown of proper network marketing techniques book that teaches how to become extremely magnetic in network marketing.
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http://renegadeuniversity.com Mike Dillard has a veritable pile of great products for network marketers which teach methods for attracting prospects to your business. They are excellent, but additional training is always useful! Which ones are for you?
FEB. 3, 2009: I have been observing the home business industry closely over the past few months to determine if our niche was going to grow or contract with the current decline in the economy, and I finally have enough data to come to a conclusion which I’d like to share with you now…
It’s no secret that we’re in the beginning stages of a grand super-cycle in the global economy that’s never been seen before.
Right now, the biggest question isn’t whether things will get worse, but how fast and how bad.
Thankfully, we’re in one of the only industries that has the potential for growth.
Logically, I’ve been expecting the work at home world to see a nice bump in growth now that so many people are needing to supplement their income or replace a job, but the question remained…
Would these people still spend money on a business or related training materials?
So I’ve been watching the numbers and waiting for some real data before coming to any kind of conclusions, and I’m now comfortable sharing…
Here’s what I’ve seen…
Our industry is definitely benefiting from the bad economy in a huge way.
Over the past 13 months, Magnetic Sponsoring as a company has seen a whopping increase in sales of 470%, and January 2009, was the biggest month in our 4 year history.
I compared numbers with my friend Jay who runs a marketing system that’s tied to a top-tier opportunity, and they’ve seen the same thing.
Yesterday, they had their best day in over six months for total daily leads generated.
Last month, they had a 65% increase in sales over last Quarter of 2008.
More people are coming into the networking industry, and they’re spending money…
BUT…
I know several big internet marketers out there who have been experiencing a large increase in refunds.
People are willing to buy, but they are looking for quality, and they’d prefer to buy from people they purchased before in the past.
There is little patience in the market for sub-standard products, and the relationship you form with your prospects and customers is now more important than ever.
So here are 4 tips that will help you take advantage of this massive influx of new people into our industry…
1: Put yourself in their shoes…
If I’m brand new to this industry, my biggest challenge will be information over load. With 100′s of opportunities in the market, and 1,000′s of potential sponsors found on Facebook, YouTube and Adwords, my biggest questions are…
Who can I trust?
Which business is best?
Which products should I buy?
The single best way you can answer all of these questions as a marketer, is with “social proof”.
If I’m brand new, and researching you as a potential sponsor, how do I know if you’re the real thing or not?
Simple…
I’m going to look at your videos and see how many views and ratings you have.
I’m going to see how many friends you have on Facebook, and followers on Twitter.
I’m going to look for testimonials from customers and distributors.
I’m going to look for pictures and screen shots that show results.
All of these things will instantly show me that I can trust you, that you have value to offer me, and that I can feel safe doing business with you, before we’ve even spoken on the phone.
And PLEASE…
2: Pick up the phone and call your leads!!!
If someone’s shopping for an opportunity, they’re probably going to fill out 3-10 capture pages for different businesses.
Who are they going to join?
Simple… The person who took the time to call them and establish a relationship.
If you don’t call them.
The next guy will, and that’s who’s going to get their business.
Don’t be needy. Don’t sit there for an hour and compare your opportunity or comp plan to others over the phone.
Establish a rapport. Position yourself as a leader, and tell them what to do next.
3: Educate yourself.
This is THE opportunity of a lifetime for you in this industry. This is as good as it gets, but the only way you’ll be able to take advantage of it, is to learn the skills and strategies required to do so.
You must know how to brand yourself. You must know how to get traffic, and you must know how to market your business to your prospects.
If you do not own a copy of Magnetic Sponsoring or Traffic Formula yet, how do you honestly expect to compete against the people who do know these techniques?
You can’t.
There are no short-cuts here. Get educated or get run over.
4: Make your offer “Risk Free”, whenever you can.
Give your prospects the opportunity try out your products risk-free, as often as possible.
For example, we increased the money money back guarantee period on the Magnetic Sponsoring course from 3 months, to 12 months.If someone buys the course and doesn’t like it, they have a full year to request a no-questions-asked refund.
We’re giving our customers all of the power because that makes it even easier for them to choose our products instead of someone else’s.
Once someone experiences the quality of our products, they usually purchase 2-3 more because they know they can trust us to deliver the best information out there.
Make it as easy, and as risk free as you can for your prospects to do business with you.
If you want to be a six figure network marketer you need to know some crucial questions to ask prospects in their first interview and be able to record their answers. This could reveal who will be your next key business leader in your organization. I like to call my data collection method my prospect profile sheet. At the top of this sheet you should gather all of the general and personal information, such as:
* Interview Date
* Name
* Company
* Mailing Address
* Phone
* Personality traits
* Strengths
* Weaknesses
* Hot Button
One of the main differences between ultra successful (six figure) network marketers and other network marketers is their ability to recognize potential key prospects when they meet them. Most of the big time network marketers have one to four people in their organization that make them 90% of their money.
They do have more people than that in their down-line, but most people who do network marketing are part-timers so the majority of their down-line actually produces a smaller number of sales, when compared to the business one to four key business leaders pulls in.
So, how do you spot these key business leaders? On Your prospect sheet after the general info section you need to list several questions that you can ask each prospect. This will help you determine their abilities and potential.
In this situation, you shut up and let them do most of the talking. You are only listening, and you need to listen well because the information you obtain from them could be crucial to your success.
Make sure you write their answers down on your profile sheet so you can compare answers of different prospects and look them over later on if you need to.
The first questions you should ask are: Have you owned a business before? How long have you been in the industry? What company?
If they answer “no” to these questions then I am afraid your prospect is probably not ready for your team. I am not saying they will never be successful, but you don’t want to waste your time teaching absolute beginners, you want people who know about and believe in network marketing.
If they answer yes to these questions then you want to ask why they started/wanted a home business? Make sure you get a detailed answer here.
This is a lot of what you are looking for. This is where someone reveals whether they want to make a $100 a month on the side or if they want to be Donald Trump.
A few follow up questions to ask are:
* How are you building your business? What has been your biggest challenge? Why?
* How many people are you sponsoring each week? Size of organization?
* How much money do you invest in your business each month? How much are you making?
* What is your ultimate goal in this industry? (Find out their “why.” What will they use the money for?)
* Married? Have any kids? Hobbies? (Find something in common with them.)
* [their name], If there is anything I can help you with, don’t hesitate to give me a call. Here is my number.
And with that, the interview is over and you have some important information to go over and compare with previous prospect interviews. At the bottom of your prospect sheet you should put a couple of follow up dates of when you wish to contact the person again, if they are worthy candidates for your opportunity.
With this information I hope you can successfully categorize and keep track of your prospects information and be able to determine what prospects could become a key leader in your network marketing organization.
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
If you’re building your home business on a budget, then you must WATCH THIS VIDEO… it could change your life!
Mike Dillard is giving away several free videos and articles that will show you how him and his team use the internet to generate TONS of free traffic for their websites and business… In fact, they get over 30,000 visitors per day! (That’s more than big MLM companies like XanGo, PrePaid Legal, Agel, and Herbalife, just to give you an idea…). And here’s the best part… You don’t need to be a computer expert in order to use these simple techniques and get BIG results. So if you’re building your business on a budget, WATCH THIS VIDEO NOW and then click on the link http://www.LeadsThatLead.com You can then fill in the INSTANT ACCESS FORM to starting viewing for first video in this FREE training series. You will be shown how to start driving tons of traffic to your websites without spending a dime in most cases!
The video is the first in a series just released by Mike Dillard called “Building On A Budget.” http://www.LeadsThatLead.com
Whatever business you are in, whether it be a traditional or a network marketing business this information is priceless for those of us operating on a budget… become one of the next Internet Millionaires in 2009 !
Future training will reveal:
- How to drive hoards of traffic to any website for pennies.
- How you can build any business that you are with for $500 or less, and in most cases do it for absolutely nothing.
- Some little known zero cost methods that are more effective at driving traffic than paid advertising
- And much more..
Just go here:
http://www.LeadsThatLead.com and get FREE ACCESS TODAY
This is the latest state of the art information following on from Mike’s brillitant Magnetic Sponsoring course. This can be subscribed to for free also at: http://www.LeadsThatLead.net or http://www.DrawLeads.com
A couple years back, after struggling to make money in network marketing, now self-made millionaire Mike Dillard, put out a mind blowing, insider tell all program to teach network marketers how to finally make money in their business. The product Magnetic Sponsoring is still one of the most sought after network marketing products around, and has helped turn hundreds of thousands into network marketing profiteers.
Next Mike launched The MLM Traffic Formula, a cutting edge step towards showing online marketers how to generate a ton of qualified traffic to their sites, and better yet, how to make your customers pay for your advertising ! Awesome stuff !!
Now, in February 2008 with the onset of Web 2.0 technologies taking over, Mike Dillard is ready to launch his next blockbuster product. This time, showing ANYONE how they can drive customers to their business and grow it by leaps and bounds, for under $500.
“Building On A Budget” looks to be a dependable, MUST HAVE, solution for all of today’s home business owners looking for maximum exposure without giving up their paycheck. For more info, visit http://www.LeadsThatLead.com
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