Legal Shield distributors: Are you committed to creating a gigantic business? If that's the case, dig into this article now.
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!
I've been groomed by 6 and 7-figure income earners who taught me the following strategies we quietly use to build large businesses:
- Supplement Your Legal Shield Income
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.
Adding diversity to your revenue lowers risk. Add new revenue sources but do not get distracted from your core Legal Shield business.
Select one or more of the following ways to add new revenue lines:
Add affiliate offers to your marketing mix. Look at the services and system you use in your business, pick the best ones, and promote them as an affiliate. Focus on the products that are so good, you would recommend them if you weren't paid to do so. 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. Bundle your videos into an e-course. Gather your blog posts, edit them and create an e-book.
Finally, offer paid coaching to your best students. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
Your time is the most critical resource you have as a Legal Shield business owner. 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.
Schedule your days. Schedule your Legal Shield business tasks in advance. You've got to know what to do when you start working so you don't waste time just planning.
Concentrate on tasks that will generate money. Closing, creating marketing pieces and generating leads are critical. Prevent getting interrupted or distracted. When you work, turn off your phone and close your door.
Schedule your important tasks for the beginning of each work period. When you work on your Legal Shield business, begin with the tasks that bring in the most money. Define your hourly rate. 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 Effectively
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. These are just marketing tools, and some are not very effective. Real marketing has several ingredients:
Identify Your Target Market: Who is the ideal prospect for your Legal Shield business? People with business experience? People who are in dire need of money? I recommend you target other network marketers who are looking for a better way to build their business. Network marketers won't waste your time with stupid questions about whether this is a scam, a pyramid, etc. More importantly, network marketers have demonstrated they are willing to actually invest in a business, not just ask about it.
Position Yourself Properly: Thousands of people are promoting Legal Shield. What unique value do you provide? Decide what sets you apart and communicate that to the marketplace.
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.
Following Up: Once you generate a lead, how will you follow up? To follow up, call your leads, and add them to an automated email follow up system.
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!
I've been groomed by 6 and 7-figure income earners who taught me the following strategies we quietly use to build large businesses:
- Supplement Your Legal Shield Income
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.
Adding diversity to your revenue lowers risk. Add new revenue sources but do not get distracted from your core Legal Shield business.
Select one or more of the following ways to add new revenue lines:
Add affiliate offers to your marketing mix. Look at the services and system you use in your business, pick the best ones, and promote them as an affiliate. Focus on the products that are so good, you would recommend them if you weren't paid to do so. 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. Bundle your videos into an e-course. Gather your blog posts, edit them and create an e-book.
Finally, offer paid coaching to your best students. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
Your time is the most critical resource you have as a Legal Shield business owner. 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.
Schedule your days. Schedule your Legal Shield business tasks in advance. You've got to know what to do when you start working so you don't waste time just planning.
Concentrate on tasks that will generate money. Closing, creating marketing pieces and generating leads are critical. Prevent getting interrupted or distracted. When you work, turn off your phone and close your door.
Schedule your important tasks for the beginning of each work period. When you work on your Legal Shield business, begin with the tasks that bring in the most money. Define your hourly rate. 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 Effectively
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. These are just marketing tools, and some are not very effective. Real marketing has several ingredients:
Identify Your Target Market: Who is the ideal prospect for your Legal Shield business? People with business experience? People who are in dire need of money? I recommend you target other network marketers who are looking for a better way to build their business. Network marketers won't waste your time with stupid questions about whether this is a scam, a pyramid, etc. More importantly, network marketers have demonstrated they are willing to actually invest in a business, not just ask about it.
Position Yourself Properly: Thousands of people are promoting Legal Shield. What unique value do you provide? Decide what sets you apart and communicate that to the marketplace.
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.
Following Up: Once you generate a lead, how will you follow up? To follow up, call your leads, and add them to an automated email follow up system.
About the Author:
Ricardo Interpemian has educated thousands of business owners how to grow businesses like Legal Shield.
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