Chickadee Business Network

How to Start Your Own Business

Joy of Owning a Business
What kind of Business
Feasibility Study Workbook
Collecting the Info
Making the decision

Marketing Plan
Operating Plan
Organization Plan
Finance Plan
Present it

Make it Legal
Open your Office
Go Online

Market
Advertise
Follow up
Choose your MLM
Recruit your Team
Build your Team
Market your Product
Market on Internet
Market with Samples
Marketing Follow up

Manage your Time
Manage your Money
Manage your Customers

 

Getting Started Earning Residual Income
Build your Team

Your team is chosen from your downline members. They are the ones that work hard and are productive. They are also the ones that are strong in areas that you may be weak in, so together you will make a complete team with strong characteristics in all the necessary business areas. Working together you will support yourself, your team and the rest of your downline.

1. Pick your team-mates like you were hiring employees or management staff. Like you would if you were building a corporation from scratch. You want to find self starters that bring something to the table, more than just their appetite to make money.

 

I know this is not mainstream thinking but when someone asks me what I going to do to support them, ask them what skills, energy and experience they are bringing to the team. I spend more of time supporting people who get results, Why? Because my time is important too, and I'm doing this to make money. People will tell you all kinds of things to get your attention but in reality ask them to show you not tell you. The people that learn quickly, can plan and are willing to work towards goals are the ones that will stick around, the rest are just shopping.

Many people are looking for hand holders. It's OK to hold someone's hand from time to time but you can never make a success out of someone who is not willing to work and think things through. As in most occupations the majority of people are waiting for someone else to do all the work. When you find these people send them to those other guys that spend all day hand holding because they haven't accomplished anything worth duplicating. Just being a friend is not enough it takes skills that are learned over time through effort.

If it's true that every seed gives birth to fruit of it's own kind you are looking for those seeds that are right. You would never plant a peach and expect to grow a watermelon it's not in it's nature, just as you would never plant cactus in the rain forest.

How do you find out what they are? Simple listen - I think God gave us all two ears and only one mouth for a reason.

2) Think long term. Over 90% give up before making much money. Don't spend extra money just to save time in the beginning. Don't ever allow yourself to be rushed. Sales scams depend on getting others to feel that they must act this minute. Your results will always depend on your efforts, timing is more important once you have already made money not when your starting at zero. Take your time. It's more important that you choose wisely in the beginning, you can't go back and do the beginning over. That's why people quit because they get rushed into something that's not right for them, if they start over it's usually with another program then another. In order to make the big money you need to learn how to make some money, when you have made some you can teach what you now know to others. When you help others the same money you will always make more and more yourself.

 

Once you start making money - grow till you make at least $ 300 a month and then add diversify to your business. You must learn to make your business grow first how else would you get the funds to diversify. You diversify so that all your eggs are not in one basket.

If McDonald would have stopped with the first hamburger stand it never would have become the giant it is today, but if McDonalds had gone into the car business after their first success they wouldn't have been able to leverage or convert their success experience. Once your making money start planning how to leverage what you have already learned.

Again this is not mainstream thinking. Most people will go with the proven winner. But what if your chosen business runs into difficulty. The nature of Network marketing is that - what is the rage now may be replaced by the new & better products compensation plans etc in the future.

Your first On-line business should be at least somewhat HOT in the marketplace but just as any good investor will buy conservative stock and sometimes buy a risky but more profitable stock, in the long run develop a mix conservative long term businesses that will work year after year. Only shoot for the stars as a sideline like others do with the lottery - it's just as much fun you have better odds.

I worked one business for almost a year and used most of the profit to diversify now I am comfortably working several. I couldn't have been successful working several until I learned how to make one business work.

3. BUILD ONE TEAM: In multi-level marketing it's called a downline. I consider it to be more like a team. What I call the Mastermind alliance is just helping others with your strengths and getting help from others in their areas of expertise. In a perfect world everyone would do what they were drawn to and good at.

 

I prefer to call multi-level marketing cooperative marketing. Why start with new people every time you find a new opportunity. Isn't it smarter to bring in many of the people you have worked with before - or to go with them when the opportunity is perfect for their skills and interests. Build a team, learn when to be a team leader and learn when to be a team member, regardless of your position.

Once you learn how to be a leader you can learn when to serve. You will find that if you focus on making your team money you will end up making more yourself, you cant help it. You do this by learning then teaching. If you build your co-op right, you will find other leaders to work with, or they will find you. You may all focus slightly on different businesses but using cooperative teamwork and synergy you all earn more and do a better job.

Next: Use the Internet for Marketing

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