Why is it that so many people fail in network marketing? Well this 30 video series on the mistakes of network marketers will definitely help with that, but one of the very biggest problems with new online business owners is that they never spend their time on income producing activities.
It amazes me how many people say they are “so determined” to be top producers in their new online business, but yet they don't even treat it like a real business. What is the purpose of a business? It's to make money right?
Then, why are so many people getting caught up in capture page customization, hours of webinars or training, messing around with Facebook pages or profiles, and just doing things that don't make money? It's because they don't know any better. People just don't understand time management or that they need to stay focused on daily income producing activities.
What Are Income Producing Activities And Why Should You Be Doing Them?
Do you think big businesses like Walmart or McDonald's take days off where they just don't make any money at all? No, they don't because it is bad for business and defeats the purpose of the whole point of their business…To make money.
You need to have daily activities everyday that give you the chance to make money that same day or as soon as possible. Many people get caught up in the wrong parts of their business that should be given only a small amount of attention.
Income producing activities are activities you can do to actually get your business sales quickly and you should be spending most of your work time on these each day. All you really need to do these things is a few free accounts and a capture page or blog.
What Are Some Income Producing Activities You Could Be Doing?
1. Doing content everyday. This won't get you the quick sales, but will build your brand and maintain it for a long term business that creates sales almost automatically after consistently sticking with it. This includes blog posts, audios (like podcasts) and videos. Pick one you like and do one everyday.
2. Emailing your list everyday is essential. No matter how much traffic you are getting, you must be collecting email addresses and following up with them every single day using broadcast emails and autoresponders. Services like GVO, Aweber and Getresponse are good services for this.
3. You must be talking to people everyday. Your content is not going to get boatloads of traffic overnight no matter how much you want it to. So while you are building a following through content, you must be hustling everyday to get your first consistent sales.
You do this by connecting with a few new people a day and just talking to them. Some of them will ask what you do and be interested. Practice makes perfect, so try to talk to 10 new people a day and just get good at building rapport with them and closing sales. I've seen people make millions relying on this strategy alone.
4. Build a presence on social media. Social media is taking over the world and has over a billion people for you to get in front of. Build a following on Facebook, Twitter, Linkedin, and Google+ consistently everyday. This will help you with finding new people to talk to and even getting traffic to content.
5. Do paid advertising (if you can). If you don't have the extra money to put into an ad budget, then don't worry about this just yet. But, the absolute best way to get quick, massive amounts of traffic on demand is through paid ads like PPC, solo ads, and banner ads.
Do a couple of good courses on advertising before starting it, but I recommend you put a percentage of the money you make from content and talking to people into paid ads to keep your business growing.
6. Hangouts, webinars, or conference calls should be done once a week. Doing something live every week will help you get good at speaking, closing, and getting people to take action, which means more sales. It doesn't matter how many leads you have, you need to do something live weekly and invite them, so you can get good at solving their problems and getting them to buy stuff.
Conclusion
Do income producing activities every single day. Do as man of the above strategies you can, but don't try to do them all. Get good at a few of them and you will see big profits coming your way in your business. This is a business and the whole point is to produce income, so focus on the income producing activities everyday consistently.
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