Have you ever tried to succeed in a Network Marketing company and failed? I am involved in a Network Marketing Company, and I am not experiencing the levels of success I would like to see. I understand that it is a result of my lack of focused drive. That is why in this article, I intend to outline how I am now altering my business plan to incorporate the B-I Triangle
Before I do that, let me explain where I’m coming from:
In reading several discussion forums regarding the B-I Triangle, I found a bunch of fellow Network Marketers who tout the collective notion of “All you have to focus on with a Network Marketing business is the Communications component, since the company already has the other parts figured out.”
What I think works as a better guidance system is to make sure that your own network marketing business are built on a strong stable foundation of Triangle. This insight hit me while driving earlier.
So, as it is, I am now restructuring my thinking regarding my Network Marketing business endeavor as follows:
Mission: My Mission, as I wrote it down, reads, “To sell as many memberships to as many people as possible.”
Out of this missions sprung a separate, yet equally powerful mission, “To hold the running company record for organizational recruiting AND sales.”
This secondary mission, in a sense, is important because it supports the primary mission to sell as many memberships as possible, through the power of leveraging my efforts through others by recruiting them into my organization.
Team: This refers to my recruiting methods. I am always looking at new or novel ways to recruit team members, in a fashion that is duplicatible.
Leadership: This refers to my ability to get people motivated and focused to follow the simple daily activities that are essential to create enough forward momentum. I will be holding a weekly training for my team. Also, to help set a beneficial example for my team, I will be reading at least 10 pages or 1 chapter from a personal development book each day, which ever is more. Also, I will listen to 15 minutes or 1 track of a personal development audio program, whichever is longer.
Cash Flow Management: Of all money I make in the form of commissions or payouts, I plan to reinvest a certain amount back into the business. As an example, say I made $1,000. I’ll take a certain amount and purchase marketing materials and supplies. I’ll also use some of the money to reward people in my team for jobs well done.
Communications: This refers to the external and internal communications. This is where most network marketers beieve is the only part they need to focus, in order to succeed. For my communications component, I am making 2 company/product exposures per day. In our business, an “exposure” is simply the act of getting a 3rd party marketing tool into a prospective business partner’s slime. We use things like magazines, DVD’s, CD’s, etc., to simply tell people about our products/services. The materials do the talking for us, and never get tired.
Systems: This is the real meat of a network marketing business plan. Systems, as outlined before, are where the rubber meats the road, so to speak. When you develop systems for each part of your business plan and execute them properly, it takes a lot of the guesswork out of the process.
Systems I plan to work with here are:
- Sales Presentation
These things, when executed like clockwork, done over and over, compounded over time, will ensure success.
Legal: Not really much to say here, other than I intend to use the services of an attorney to either incorporate my business or even LLC it. I will do this for assett protection as my main focus.
Product: All you can really do here is to actually KNOW your product/service in and out. Learn the product presentation. I am right now working on developing a presentation that I can comfortably deliver in 15 minutes, as well as one that can be done as an Elevator Pitch.
I hope this makes sense to you. If not, Email Me or Comment and ask for clarification!
Take care of yourself and others!
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