Why is it so important to be on a fast track the first 30 days of your business?
A great way to counteract the frustration of the beginnings of a business in the direct selling industry is to reinforce a comprehensive 30 day fast start training program, then 60 days of mentoring to gain confidence and at the end of 90 days (using the new distributors goals), they can develop another business plan.
Most compensation experts say that earnings need to be at $25 to $30 an hour by the end of the 90 days.
Building a game plan for you and your new recruits is essential to get your new babies into profit the first 30 days. There is a lot of talk about online branding and marketing right now. This is a great way to get leads and target a market for your specific business. However, there is a learning curve to develop an online presence. Most people don’t create overnight success with online marketing.
Yes, there are a few Internet Network Marketers who have made it big online almost overnight, but that is not the majority. Patience, perseverance, and education to learn new skills will create success online. So, what can you do to get your new business partners into profit quickly? If you have a strong retail product or service, NOW is the time to get them started right.
The next three months are the biggest retail season of the year. Don’t pass it up. The first thirty days of business are critical for new network marketers.
So here are some ideas to get them going.
Launching a business is an exciting time. Having an Open House is a great way to notify friends and family that you are open for business. Keep things simple, but festive. This is a great time to commit to having at least two open houses – one for Fall and one for Christmas. People are in the buying mood and are always looking for new gift ideas. Have some available for your guests. People like cash and carry, so have some product available for immediate purchase. Cookies and punch are an easy and affordable way to entertain.
Ask some friends to help you host your open house. Have someone help keep the snacks going and one to help you take orders. This allows you to meet and greet. Remember it’s not about the food or the products it’s all about the guests! Asking friends or family to help you host who are interested in the business is a great way for them to get their feet wet and see if this business opportunity is really for them.
Set it up to where people have an opportunity to continue to be involved. Having a few catalogs or “Gift Bag Parties” available for them to take home and earn more product by selling to their friends, family and coworkers is a great way to leverage your business.
Have a sign up sheet available for fundraising if that suits your product. Give a small gift for every five referrals that a guest gives you to follow up with about a possible fundraiser.
Don’t overwhelm your guests with EVERY product from your catalog. Focus on your flagship product(s). If guests have to decide on a hundred different products to choose from your sales will go down. Keep it simple.
If home parties are your thing, offer something to your guests if they book a party with you that day. If home parties aren’t something that you have focused on in the past, you may want to try a few just through the holiday season. It would be a shame to leave all that retail profit on the table. If Internet marketing is your primary method, think about how much retail profit this season could fund your marketing budget online next season!
Have a small thank you gift for each of your guests as they leave. This doesn’t have to be big and expensive. Presenting in a nice wrapping paper could make all the difference.
As your new business partners are creating right now money through retailing, slowly introduce them to some online methods if they are interested.
I know open houses, home parties, and fundraisers could be called “Old School” (Gasp!), but they are creating right now money for many business owners. It’s much easier to set new recruits up for success if they are making money from day one. Take a look at your new recruits first 90 day business plan. Are they set up for failure? Or are they going to be jumping for joy and ready to take on the next 90 days?
To Your Success!
If you are happy in a business, that’s great! If you are looking for the right online business and mentor, I would love to share what I’m doing with you. Click here and let’s explore the possibilities.