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How to Build a Multi-Level Money Machine
             

  
How To Build A Multi-Level Money Machine

                                                                                                               
How to Build a Multi-Level Money MachineBelow is an excerpt from "How to Build a Multi-level Money Machine" by Randy Gage on MLM training.

Step One-The Pre-Approach
This is the qualification step-the one that determines whether you have a suspect or an actual prospect. This can be done simply with qualifying questions, or qualifying questions combined with a pre-approach packet. This packet would include materials designed to screen out people who are not good candidates for the business. (We'll look at this in more depth in the following chapters.) Pre-approach means before the approach. In other words, this step will determine whether or not you would approach them about the opportunity at all.

Another way to do this is with a brief mini-presentation. This is a quick overview, usually about 30 minutes or less, to see if your candidate is a serious prospect. This is usually done one-on-one in a non-threatening environment (example: in the prospect's kitchen or at a coffee shop). When you first begin, you should do this as a two-on-one, which means you and your sponsor together presenting to your prospect. This can also be done in a small group meeting in your living room.

In either case, the interested prospects would be given a specific set of materials to study, which is usually called a take-home packet. This packet would have a breakdown of how money is made in the business, along with some supporting materials on the products, usually a brochure or catalog.

Step Two-The Presentation
This is where the prospect takes a second look at the presentation, which is usually at a larger home or hotel meeting, but it can also be done one-on-one. Like all steps, there should be a clearly defined set of specific materials (the Follow-up Packet), which should be given to the prospect. This is usually more detailed information than the previous packet.

Step Three-The Follow-Up
This step might involve getting the prospect to another, bigger presentation (like a large hotel open meeting), or simply bringing one more packet of information to the prospect and encouraging them to make a decision. Check with your sponsorship line. In either event, the packet of information and the procedures followed should be exactly the same for every distributor on every level.

Step Four-The Enrollment Process
This is the step that takes place after the prospect says "yes," and is ready to become a distributor.

NOTE: This can happen at step two, or step three. Each prospect comes in at his or her own speed. It's important that even if a prospect is ready to join at step two (that's great!), you can still expose them to the information in step three to preserve the integrity of the system.

Like our other steps, the enrollment process should be completely spelled out, step-by-step. The training that you receive should be the same, exact training that someone on your 25th level, five states away, will receive when joining your organization.

These four steps are the foundation of your system. No matter which program you're in, it should generally parallel this process. Again, though, check with your sponsorship line for specifics. The later steps of the system will vary more greatly from program to program. They involve managing organizational growth and developing leadership skills. We'll explore them in more depth in the Building Depth and Leadership Strategies chapters. We'll also flesh out the specifics of these first four stages, and I'll show you the rest of my generic system in greater detail in the following chapters.

Overall, however, visualize a system as a complete, step-by-step process that anyone who joins your organization-whether they're a doctor or waitress, Ph.D. or high school dropout-can duplicate. It means you should be able to fly to a city 3,000 miles away- work with someone on your 50th level that you've never met-and be teaching the same principles and specifics they've been hearing from the person who's on your 49th level.

Why is this so important?

Two reasons. One, for your benefit. Two, for your organization's benefit. Let me explain.
The reason a system is so important for you is that it ensures walkaway residual income. When you have a system in place-you no longer remain essential to the process. Even if you disappear, the system keeps perpetuating itself.

Keep Reading & Learning! Buy How to Build a Multi-Level Money Machine online at Network Marketing Times.

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