It's great that your interest in Network Marketing brought you here. This is where you'll find my collection of MLM and home business resources that will help you build a sustainable business and an exciting long-term income - whether you are brand new to MLM and just getting started or a veteran looking for additional tools to accellerate your multi-level marketing income.

A Big Thank You - first let me tell you that the MLM progress I've achieved in the past 10 years would not have been possible without the support and encouragement of my friends and mentors: Thanks to Steve Moore who introduced me to MLM, and Art Jonak and Tom Schreiter, who showed me how a guy with very ordinary talent could pick up the skills to launch a rewarding second career. more super people...

Let me tell you a secret ...
Network Marketing is a business, and you will have more success and a lot more fun if you treat it like one! It's a fact - people admire and respect a business person and your self-esteem will soar along with your net-worth. Personally, I hate paperwork and forms and any details which keep me from what I love - yakking it up with people and helping folks define and reach their goals. Please don't ask me about the intricacies of the pay plan or the secret ingredients or when the next big event is. Some folks are great at that - I'm not, so I have tools to do those jobs. Maybe you'd like to use them to free up your time for prospecting and sales ... activities that make money!

"Your sponsor has disappeared and your new recruits are avoiding you...
· you've tried every trick and sales gimmick from the Company manual and you still aren't getting ahead...
· you are spending more on personal purchases, brochures and samples than you're taking in from retail sales...
· you built a sizable downline and a pretty good bonus checks, but there are rumors about a shake-up that might leave the Company - and you - high and dry ...
· you're wondering if your advertising dollars are really producing results...
· you wake up at 3:00AM wondering if the big break is ever going to come ...
· you want a personalized daily action plan that will guide you quickly to MLM success!"

Stephan Iscoe

Sunday

How to Find, Sponsor, and Retain Leaders - Part II

(Part II - Sponsoring Leaders)

The interview process is designed to get the candidate to ask to join your opportunity. Even though you are looking for front line leaders, a happy by-product of this process is that you will also sponsor a lot of people deeper in your organization.

Now let's run through the basic qualifying interview. Use that exact term with your candidates: "Let's set up an appointment for a qualifying interview", or, "and you'll get all your questions answered during the qualifying interview".

First, we'll look at the basic structure for the interview, then we'll go though a typical scenario.

The nine elements of the qualifying interview:
1. Discovery
2. Romance
3. Confirm
4. Educate
5. Qualify
6. Take Away
7. The Trial
8. Guarantee
9. Commitment

Now we'll try the process with what many feel is the most difficult candidate - a high-level executive with no formal sales background. We'll call the candidate, Kim, and the interviewer, You.

Kim: Exactly what is that you do?

You: Terrific question! I don't know if this is for you or not; but we'll get that and all your questions answered by the end of this qualifying interview.

What was on your mind when we set up this meeting?

[Your opening statements are designed to give you control of the interview; you have put the candidate at ease with a low-risk out, set the stage for the take away, assured the candidate that their concerns will be addressed and asked the probing question - this is where you listen closely and discover what's important to the candidate]

Kim: I've been in purchasing at Major Corp. for six years and feel like I'm not advancing anymore.

You: Glass ceiling?

Kim: I don't think so; business has been flat the last few years and there's no growth or new openings.

You: Well, you've done great at Major Corp. It must be an interesting field to be in.

Kim: It was more exciting at first when I got to travel.

You: Oh?

Kim: Oh, yes! (and Kim's into a 30 minute passionate travelogue)

[Now that you know what's important to the candidate, begin the Romance by tailoring your presentation to hit the candidate's hot buttons]

You: ...and we just took our Top Executives, people like yourself, on a seven day Caribbean cruise for Leadership Training and R&R...

Kim: And you get paid to do this?!

You: Y'know, Kim, this isn't for everybody, and I'm sure you have some questions or concerns.


Kim: I'm still not clear on exactly how you make money or what I have to actually do...

You: Let me tell you about Pat, one of the leaders in our organization and what Pat's been doing to earn a five-figure monthly income...

[At this point you edify Pat, who is in your upline, and Educate Kim about the easily duplicable profit building activities. Let the candidate in on one of the methods of creating prospects on demand]

Kim: ...and the commission checks keep coming in forever even if I stop working?

You: Does this sound like something you'd be interested in?

[This is the Confirmation Step before going on to Qualifying and the Take Away]

Kim: You said Pat started part time...

You: Kim, not everyone becomes a leader in this business and most people discover their talent for it by beginning part time. And some of the best in the industry never got around to going full-time! Let's say you qualified to start part- time, could you find about 10 hours a week to build your business?

[You've positioned the take away and are into the process of qualifying the candidate by finding out if they have the time, money, equipment, support, understanding, and desire to work the business]

Kim: ...and my nephew said he'd come over and get me set up on the Internet!

You: That's great! Kim, I'm looking for someone to take a leader- ship role in building a large, profitable organization. Based on your past achievements and the interest you've shown today, I think you could be very successful in this industry... Kim, this may not be right for you...

[I'm sure you've figured out that this is the "take away" phrase - not only does it put people at ease but gives both parties a graceful out. It is also a great way to answer every objection, "Well, this doesn't sound like a good fit for you..." In this case, we want to work with the candidate, but are playing a little "hard to get" - and if you don't think that raises desire then you haven't dated in a while!]

Kim: It sounds perfect for me, where do I sign?

You: In order to give you the best shot at succeeding as a part- timer, I suggest beginning on our Fast Start Qualifying Track; this is the best and quickest way to demonstrate leadership while working just a few hours a week... Does this sound like a good way to start?

Kim: I want to be on the next Cruise!

You: Terrific!

[Out comes the paperwork, pens, credit card, Fast Start gift, etc. Don't rush this part - double check everything. Next comes the Guarantee and Commitment]

You: Kim, I'm really glad we'll have a chance to work together - and if anytime you decide this is not the right choice for you, then I'll refund your basic startup distributor cost. And if you decide to really build your business, I'll be there for you; for every step you take, I'll take one with you.

Congratulations! You've just personally sponsored a sharp leader who will catapult your business into the stratosphere.

(Part III - Retaining Leaders)

Now you're ready to concentrate on retaining the leaders in your organization. This is so simple you'll wonder why attrition is a problem. There are three key ingredients necessary for keeping the best people in business with you.

The first is something we all do and that is to make sure every new distributor gets a check in their first thirty days of activity. Make sure they are working with your duplicable systems and concentrating on the single daily activity that will earn them the most. Make certain they have all the back-office tools, training and marketing material they need to get started day one. That first check is great to reinforce belief and build their personal story of how great the business is.

The second key is to maintain regular weekly contact. This can be done via phone, fax, email, newsletters, post cards, even a private internet message board or online chat. Your distributors should get something of value from you every week - a training schedule, sponsoring tip, article reprint or newspaper clipping. All of this is addition to the 1-on-2's, 3-ways, and conference recruiting calls. Remember to send birthday, anniversary and holiday greetings.

The third secret of the professionals is to provide attention, recognition, and public praise. Honor your Upline mentors and edify your Successline distributors. Use your newsletters, conference calls and company events to congratulate and thank your leaders. Let them know specifically what you appreciate most about their contributions. Celebrate every achievement. Reward your leaders and let them know they are special.

That wraps up this session. We've covered the basic steps of Finding, Sponsoring and Retaining Laders that will help you build a profitable and sustainable business in Network Marketing.

I'd love to hear your comments, suggestions and success stories.

Best of Success,
Stephan

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