Five Rules of Success in Network Marketing

Five Rules of Success in Network Marketing

Rule 4: Use the Law of Averages

The law of averages leads to success in every sphere of life. This means if you do some work in the same manner again and again and the circumstances remain the same, the results you get will always be the same. For example, a dollar poker machine has an average payout of about 10: 1. If you press the button ten times. So, you win between 60 cents to 20 dollars in total. Your chances of winning $20 are 118: 1. It does not require any skill or skill. Machines have been prepared in this way. They pay a by average or percentage.

Five Rules of Success in Network Marketing.

In the insurance business I discovered an average of 1: 56. This meant that if I go on the streets and ask this negative question 'Don't you want to insure your life? '- So, one of 56 people will be ready to insure me. This means if I ask this question 168 times in a day, then in the day. Can be successful three times and make up the top 5 percent of salespeople. If I stand on a street corner and say to every visitor, 'Would you like to join me in the networking business? 'So the law of averages will definitely give you results. Perhaps the answer to 1100 would be 'yes'. Remember, the law of averages always works. When I was a little kid and going from house to house selling household sponges for 20 cents, my average was.

10: 7: 4: 2

From 4 pm to 6 pm, out of 10, doors that I used to knock, only 7 were open. Only four of them listened to my presentation and only two people bought sponges. That way I would have earned 40 cents which was a considerable amount in 1962, especially for an eleven-year-old boy. I rest in one hour. I could knock 30 doors, and in such a span of two hours I would sell 12 sponges which 2. The amount was equal to 40 dollars. Since I knew how the law of averages works. 

Must Read : Five Rules of Success in Network Marketing Part 1

So, I never worried about the three, doors that didn't open, nor the three people who didn't listen to me. Nor was there concern about the two people who did not have my luggage. Bought. I just new that if I was at ten doors. If I knock, I will earn 40 cents. This meant that every time I knock on the door, I will earn 4 cents after that. Whatever happens. This rule of averages were an impressive and inspiring force for me — knock on this door and earn 40 cents. Success was only printed in how quickly I can knock on these doors.

Rule 5: Improve Your Average.

In the insurance business, I knew that every time I rang the phone and talked to someone — I would get thirty dollars. Yet my ratio of five appointments to ten telephone calls was not very good in my opinion as it meant that I was losing too many of my potential customers. I needed a method of getting appointments that could get me at least 8, appointments every 10 calls. This meant that I would not have to work as hard in the search for potential customers as I have not lost them on the phone so quickly. My 5: 4 ratio of meeting-to-presentation meant that 20 percent of my potential buyers were not meeting me. I could have overcome this deficiency by calling more good potential customers. Similarly, there was room for improvement in my average 3: 1 of presentation-to-completion. But I still knew that even if I does not change anything, I would still earn $30 every time I turned on the phone. The law of averages will always work for you. Taking the care of the ratio keeps you alert because the ratio tells you where you have room for improvement and how successful you can be. The ratio makes you pay attention to the actions that lead to results, not what happens next.

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