MLM Business – How to Earn $100,000 a Month Your 1st Year

This may sound like an outlandish statement, but this is No the high end of what the top producers in the network marketing industry are doing. This is just a number based on what many of you aspiring major producers would like to do to feel very successful with your MLM business and feel comfortable about your future.

Last night I was lucky enough to meet with Mr. Mark Yarnell, a legendary figure in network marketing. He revealed to me how to make $100,000 per year in your first year in MLM, and within that conversation the “10 Landmines to Avoid” that will destroy your chances of making it. Today we are going to cover what he has to do, or “How to make $100,000 a month your first year” in your MLM home business.

Mark Yarnell, the source of these amazing MLM success secrets, has made over $30 MILLION in this industry, so he has at least a leg or two to stand on. Think of a more contemporary top producer like Mr. Jeffery Combs, who has done individual months in network marketing for over $400,000. It is absolutely doable.

Mark made an interesting comparison regarding income or performance claims. Let’s say you went to play for a professional team as a new player and went through some sort of orientation process. Does the coach tell you, Hey, do you see that player on the bench? He has never played in a single game, but he is paid $200,000 per year. If you practice really hard, maybe you can be as good as him one day.

Absolutely not! He’s going to say, do you see that player there? That’s Michael Jordan. He starts every game, scores X points, and makes $18 million per year. If you commit to practicing really hard, maybe you can be better than him and make more money than him one day.

However, in our industry, regulators do not want us to mention what is possible to do. Isn’t it crazy that the FTC regulators want us to only talk about the 97% of people who never make more than $10 a week from their MLM business? What a sad thing to aspire to. I don’t know about you, but I was looking at the top producers to determine what was possible for me, when I set my personal goals for my MLM home business.

I am focusing on the success of the MLM home business, not the failure. You should be too.

So what do you need to do? As always, when I meet with the real professionals in this industry, they boil it down to simple steps that require some constant work and action.

I. Ask yourself: “Would I recruit my mother in this company”?

• Your core values ​​have to match the company you’re getting into.
• You need to believe in your opportunity 100%.
• If your core values ​​don’t align with your vehicle, you’ll sabotage yourself before you get to big money and success. It can’t be just about the money.

II. You need to look at the size and potential of the market sector in which your company and products are located.

• Are the products something that a large percentage of people use on a regular basis, or only a small percentage of people use them? Is it a small niche or a mass market?
• Your best potential lies in products that have a huge and growing market, products that you would buy regardless of whether you are involved in the business opportunity.

third You must spend two hours a day building professional relationships, every day, 5 days a week. This is the lifeblood of your MLM business.

• In the MLM business, you get paid to do only two things. Recruit team members and retail products.
• Professionals get paid, amateurs don’t. You should treat network marketing like a business, not a hobby.

IV. He decides to reach $100,000 per month. Decide how long it will take to get there: one, two, or three years.

• Based on 20 days per month, you need to introduce yourself to 30 qualified leads per day, to reach $100,000 per month in one year.
• Based on 20 days per month, you must present to 20 qualified prospects per day, to reach $100,000 per month in two years.
• Based on 20 days per month, you need to introduce yourself to 10 qualified prospects per day to reach $100,000 per month in three years.
• With anything less than 10 people per day, you reach a point of diminishing returns. Decide one, two, or three years to get to $100,000 per month.

If you want to get there in a year, as we discussed in the title of this post, you need to pitch your pitch in front of 30 qualified prospects per day.

What’s so powerful about this is that it’s a step-by-step process that’s simple enough for anyone to run. There are no barriers to entry. No matter your education, your family status, your financial situation. Anyone can do these steps.

It requires hard work and commitment. The reason 97% of network marketers never get to this level is because they don’t execute. That’s why most people never achieve this income, even with these MLM success secrets handed to them.