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MLM Success Training - Golden Rule For Prospecting Strangers
by: Richard Knight
Copyright 2005 Richard Knight

Cruising around the MLM playground (Online MLM Forums), the question of “How do you prospect strangers into your MLM Business?” popped up. And I knew if this fellow Network Marketer was struggling with this question, then several others probably are having the same dilemma as well.

So here it is.

When you’re building your MLM Business there is 1 Golden Rule to follow when it comes to prospecting strangers and it’s simply:

Just Don’t Do It!

That’s right! You NEVER want to prospect strangers to build your MLM Business. Now I know some people may not agree with me, so here are 3 “Prime” reasons why you don’t want to prospect strangers as a way to build your MLM Business.

Reason #1 - Strangers Are Not Your Target Market.

Believe it or not, but unfortunately more than half the population isn’t “wired” to be in business for themselves. Your goal is to find people with a “track record” of success. These are the only kinds of people you need to help build your business, not strangers (any ‘ol Joe Schmo you see walking down the street).

If that’s your plan then you might as well whip out the phone book and start dialing. And let’s see how many No’s, not interested’s and don’t call me again’s you get before you finish the page. It’s simply because “strangers” is not the target market you should be going after to build a successful home business.

Reason #2 - It’s Too Ineffective.

Prospecting strangers is a big waste of time, energy and patience. Just think about it, would someone like Donald Trump say “Hey, I have this great business opportunity that’ll help any self motivated and dedicated individual make a handsome residual income each month –let’s kick things off by showing it to people walking on the street!” Of course not! So why should you?

It’s at least 10x more effective to target a group of people who “already” possess positive character traits and good business skills that’ll help you take your business to the next level.

Reason #3 - It’s Just Not Worth It

Prospecting strangers isn’t worth the hassle (time, energy, sweat, blood, tears and not to mention the headaches). Prospecting these types of people for your business WILL take a lot out of you. (Just thinking about it, makes me cringe). Facing rejection from the wrong kinds of people is one of the main “killers” for many new home business owners. Don’t let it happen to you, or anyone in your organization. Don’t prospect strangers.

Remember; don’t try to prospect everyone for your business because unfortunately not everyone is ideally suited to be in business for themselves. It’s sad, but true. So in order to find the right people for your MLM Business simply focus on a target market. Look for people with a track record of success and possess good business skills.

Some great examples of this are real estate agents, store owners, small business owners, franchise owners and even other Network Markets (they almost always keep their options open). Simply put, focus your energy on target markets rather than every ‘ol Joe Schmo who comes within 3 feet of you, it’s proven to work 10x better than prospecting everyday strangers.


About the author:
This article has been written by Richard Knight, founder of 45 Second Prospecting. Richard offers a free newsletter filled with Fresh Tips, Tricks and Simple Strategies that’ll boost your residual income and your MLM profits even if you’ve thought about throwing in the towel – Sign up for his FREE newsletter today. . . http://www.45secondprospecting.com


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Rental Property Investment - Finding The Properties
 by: Steve Gillman

Rental property investment starts with finding the best deals. To do this, you can increase your odds by finding more deals. Who's more likely to get a cheap apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten resources? Here are those ten:

1. Look in old papers to find "For Rent" ads. Call if they are a few weeks old. The landlord may be ready to sell, especially if he hasn't yet rented the units out.

2. Look up old FSBO ads. Call on two-month-old "For sale By Owner" ads, and if they haven't sold, they may be ready to deal. Owners often give up the effort, but still would love to sell. Help them out!

3. Drive around looking for "For Sale By Owner" signs. Owners often don't want to pay to keep the ad in the paper every week, so you won't see all properties there.

4. Find abandoned properties. That's a pretty clear sign that the owner doesn't want to deal with the property. He might sell cheap.

5. Talk. Let people know you are looking and sometimes the properties will come to you. There are a lot of owners out there who want to sell, but haven't yet listed their property.

6. Talk to bankers. You might get a foreclosed rental property cheaper if you buy it before they list it with a real estate agent.

7. Offer someone a finder's fee. There are people that always seem to hear about the good deals. Have such people coming to you.

8. Eviction notices. If your local papers publish eviction notices, or if you can get the information at the courthouse, it can be useful. A landlord who just went through the procees of evicting tenants is a likely seller.

9. Use the internet. Go to a search engine and enter the type of real estate you are looking for, along with the city you want to invest in. You never know what you might find.

10. Put an ad in the paper. "Looking for rental properties to buy," might be sufficient to generate a few calls.

There is a lot more to learn to do it right, but finding good properties is a good place to start for rental property investment.

About The Author
 

Steve Gillman has invested in real estate for years. To get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com.

 

 



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