Legal Shield reps: Do you want to become a top producer? If so, keep reading.
If you seek to become a top earner, you need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You have to learn how to market- like a REAL business!
Here are 3 strategies 7-figure income earners use to build network marketing empires today:
- Diversify Your Income Streams
Add other revenue sources to your Legal Shield business. It's risky to rely exclusively on a single revenue source in your business. You never know if your top people will leave your downline. Attrition might rise on your Legal Shield business. Legal Shield management could take the company in a direction you don't like.
Diversifying lowers risk and increases income. Be careful to never get distracted from building your Legal Shield business when you diversify your revenue streams.
Select one or more of the following ways to add new revenue lines:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. Only promote the best products and services, not just the ones that pay high commissions. Generally you get paid commissions of twenty to sixty percent.
It's also possible to convert your own content into paid products. Record your conference calls and webinars, then ell the recordings. Gather a set of your videos and sell them as a course. Make an ebook out of your written blog posts.
Third, you can provide one-on-one coaching to your students that are the most serious. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
As a Legal Shield business owner, your most valuable asset is time. An employee is going to get his paycheck regardless whether he is productive.
As a business owner, your income is going to depend on how productively you use your time. Success in Legal Shield is going to depend a lot on how well you invest your time.
Block out your work schedule each day. Define when your Legal Shield business activities are going to get done. Make sure when you sit down to work you know what you need to do.
Stay focused on the things that generate income. These are things like connecting with qualified prospects and generating leads. Limit diversions. While you are working, never attend to emails or phone calls.
Schedule your important tasks for the beginning of each work period. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. Divide your target weekly earnings by the number of hours you want to work your business. This is the rate per hour you expect to earn as a business owner.
It's probably $100 an hour or more. Is it possible to hire someone to do laundry and other simple tasks for less than this rate? If the answer is yes, then why not hire someone to do these tasks? Hire people to perform low level chores.
- Market Like A Real Business
Learn to market like a real business. It's amazing how little network marketers in companies like Legal Shield are taught about real marketing.
Purchasing leads and business cards, and setting up your company-provided replicated website seems like marketing. A lot of these tools are ineffective and a waste of time. There are a few parts to a marketing strategy:
Target The Right People: What type of person do you want in your Legal Shield business? People with business experience? Broke people who need to make money? I recommend you target other network marketers who are looking for a better way to build their business. Networkers understand the business to a degree and won't ask you if this is a pyramid. People in network marketing have signaled they are willing to put a monthly product purchase onto their credit card.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promote: What's your strategy to attract leads after you run out of people you know to introduce to Legal Shield? Use a proven online marketing system that teaches strategies to generate leads online.
Follow-Up: After you generate a lead, what will you do to follow up? Use an automated email system, combined with live phone calls, to build rapport with and close sales.
If you seek to become a top earner, you need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You have to learn how to market- like a REAL business!
Here are 3 strategies 7-figure income earners use to build network marketing empires today:
- Diversify Your Income Streams
Add other revenue sources to your Legal Shield business. It's risky to rely exclusively on a single revenue source in your business. You never know if your top people will leave your downline. Attrition might rise on your Legal Shield business. Legal Shield management could take the company in a direction you don't like.
Diversifying lowers risk and increases income. Be careful to never get distracted from building your Legal Shield business when you diversify your revenue streams.
Select one or more of the following ways to add new revenue lines:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. Only promote the best products and services, not just the ones that pay high commissions. Generally you get paid commissions of twenty to sixty percent.
It's also possible to convert your own content into paid products. Record your conference calls and webinars, then ell the recordings. Gather a set of your videos and sell them as a course. Make an ebook out of your written blog posts.
Third, you can provide one-on-one coaching to your students that are the most serious. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
As a Legal Shield business owner, your most valuable asset is time. An employee is going to get his paycheck regardless whether he is productive.
As a business owner, your income is going to depend on how productively you use your time. Success in Legal Shield is going to depend a lot on how well you invest your time.
Block out your work schedule each day. Define when your Legal Shield business activities are going to get done. Make sure when you sit down to work you know what you need to do.
Stay focused on the things that generate income. These are things like connecting with qualified prospects and generating leads. Limit diversions. While you are working, never attend to emails or phone calls.
Schedule your important tasks for the beginning of each work period. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. Divide your target weekly earnings by the number of hours you want to work your business. This is the rate per hour you expect to earn as a business owner.
It's probably $100 an hour or more. Is it possible to hire someone to do laundry and other simple tasks for less than this rate? If the answer is yes, then why not hire someone to do these tasks? Hire people to perform low level chores.
- Market Like A Real Business
Learn to market like a real business. It's amazing how little network marketers in companies like Legal Shield are taught about real marketing.
Purchasing leads and business cards, and setting up your company-provided replicated website seems like marketing. A lot of these tools are ineffective and a waste of time. There are a few parts to a marketing strategy:
Target The Right People: What type of person do you want in your Legal Shield business? People with business experience? Broke people who need to make money? I recommend you target other network marketers who are looking for a better way to build their business. Networkers understand the business to a degree and won't ask you if this is a pyramid. People in network marketing have signaled they are willing to put a monthly product purchase onto their credit card.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promote: What's your strategy to attract leads after you run out of people you know to introduce to Legal Shield? Use a proven online marketing system that teaches strategies to generate leads online.
Follow-Up: After you generate a lead, what will you do to follow up? Use an automated email system, combined with live phone calls, to build rapport with and close sales.
About the Author:
Ricardo Interpemian has coached thousands of people how to build businesses such as Legal Shield.
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