Justine Simard: Empowering Online Entrepreneurs - Mindset, Attraction Marketing and Business Growth

When Everyone Can Succeed - 5 Criteria For Your Network Marketing Company.

Business Strategies, Entrepreneurship, Marketing Strategies 2 Responses »

Aug 302010

So the statistics say that 97% of network marketers fail. Worse even, we encourage people to start in network marketing so that they can be part of the 3% that succeed. Wow, and we expect people to feel empowered by that?

Does anyone else think those success rates in network marketing are appalling? Wouldn’t you rather say this to your potential partners: “You can be part of the 90% of people who succeed in network marketing”?

Business models in network marketing organisations have changed. In particular with direct sales businesses, where there are no more benefits in getting in on the ground floor. As a result, there is no need for 97% of business owners to fail to allow for the other 3% to succeed. In such an organisation, every one has the opportunity to succeed in their online business, no matter where they stand in the organisation and who they join under.

A company which provides an equal opportunity for all their business representatives to succeed displays the following characteristics (and needless to say, these should be strict criteria when selecting an online business opportunity):

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1. Powerful business systems that work for everyone, and that every newbie can tap into.

It is a known fact that most people fail as new online entrepreneurs because they don’t create cash flow from the beginning, and simply run out of money before they can even get their business off the ground. Those business systems incorporate lead generation, marketing funnels, multiple streams of income, lead management systems and education. While preventing the initial overwhelm, these systems do the work while the new marketer builds the knowledge, the mindset and the skill-set required to succeed. Most importantly, these systems are duplicatable, and allow mentors to provide a framework that can work for all and replicate their results, and allow new representatives to generate profits immediately.

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2. A compensation plan which eliminates passing up profits for every sale made.

I am not denying here that network marketing is about creating leverage and passive income. However, the most rewarding compensation plans are the ones which ultimately allow the most hard-working and successful network marketers to create profits for themselves, not for their upline.

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3. Quality products with high profit margins.

The fastest way to generate a high income is to get high profits. In fact, if often requires a similar amount of effort to make sales and enrol new members, independently of the main products sale price. So if you spend time and money on internet marketing, calling prospects, social media, personal branding, etc., wouldn’t rather receive high profits at the end of the process?

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4. A supportive community with shared resources.

In some companies, your chances of success vary greatly depending on which mentor or team you join. This creates 2 problems: firstly, it encourages competition as opposed to collaboration within the community; and second, it leaves behind the people who join under mentors who are either unsuccessful or inadequate coaches. In a truly collaborative community, the knowledge and business resources are shared for the greater good, and irrespective of uplines, downlines and direct financial benefit. Now isn’t that refreshing?

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5. Personal and professional development.

Most people who start out in network marketing have no experience as entrepreneurs. There is no doubt that becoming an online entrepreneur requires a strong mindset for success and the development of new professional and personal skills. A company must acknowledge those needs and provide the necessary tools and training to empower and inspire their business associates.

There is nothing more empowering as a mentor to know that your company complies with those 5 criteria, and to be confident that you are providing the best chances of success to anyone willing to take it all in, apply it, and work for it…

…because ultimately, I’m not here to help only 3% of the people who have big dreams and take action.

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How do you feel about the success rates in network marketing? Do you have the ability to empower new online entrepreneurs using the 5 criteria? How does your company rate on this? What are your views on collaboration, success for all, personal development and effective business systems? Please comment below!

Crunch-Time: 10 Rules to Get Back your Time-Freedom.

Effective Habits, Productivity No Responses »

Aug 242010

I started my own business from home for many reasons. More time freedom is in my top 3. It’s funny though what happens when you suddenly have complete control of your own business, have perfectionist tendencies, and start really loving what you do. In a move to work less, you find yourself working more.

Here are my 10 rules for working smarter and getting more time freedom. It’s crunch time, and to keep with the theme, I’m going to get straight into it:

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1. Crushing Perfectionism. I used to re-read my blog posts and articles at least 5 times and spent my life in the thesaurus. I also used to re-shoot my videos until I looked like a professional movie star (ok, that never happened, but being a perfectionist, that was my goal). You must practice strict discipline and eliminate the little things that don’t matter.

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2. 80/20 Rule. 80 percent of your work done in 20 percent of your time. No more hours spent on fine editing just for the sake of aesthetics or pure detail.

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3. Parkinson’s Law. Deadlines are your friends. Set deadlines and abide by them. Parkinson was right, it does improve productivity, and in the last 10 minutes, you will become a speed machine!

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4. Minimum Multi-Tasking. As a mother of 2 young children, this caused some internal conflict. Multi-tasking defines my role as a work at home mum! However, multi-tasking must be kept to a minimum. I no longer have 20 documents and programs opened at the same time. I’ve been using the Skype ‘Do Not Disturb’ quite a lot (sorry, friends), have turned off my email alert, and focus every work period on the one task. Needless to say, this principle will help increase your focus and productivity immensely.

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5. Daily Top Priorities. Every day, write down between 1 and 3 things which you must complete. As much as possible, do not move on to other things until they are done.

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6. Limiting Email/Phone Disruptions and Task-Shifting: It is amazing what an email can do. It can cause you to immediately abandon your priority task and trigger a whole series of less important tasks. In time-periods allocated to specific tasks, now turn off your email, skype and phone until your task is completed. This is a great preventative method to avoid temptation.

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7. Automation and Leverage. Build a powerful port-folio of systems and tools which can do the work for you. There are so many systems available which can cover most tasks, and only require original setup before operating on auto-pilot. Using an automated lead generation system is key. Auto-pilot means more time for you. Less work and more income too. Yay.

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8. Outsourcing. Let go of the control and start outsourcing. Acquiring first-hand knowledge and skills is great, as it enables us to understand the various processes and outcomes, and helps us define related requirements. After you have defined your requirements and target outcomes, you are ready to let someone else do it.

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9. Detailed Schedule: Plan your schedule for success. Select your most focused and productive periods and allocate your priority tasks to those periods. A detailed schedule will help you apply most of the other principles in this list, in particular setting deadlines, limiting multi-tasking, preventing task-shifting and setting priorities.

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10. Eliminate Procrastination: Procrastination causes us to create pretend tasks. This is what happens we go wandering aimlessly on the internet, when we read spam emails or irrelevant sales letters, or engage in perfectionism on unimportant tasks. There’s only one solution to procrastination: pick the task, and ‘Just Do It’.

Better go, time’s up!

What are your best time-saving tips? How much do you value your time-freedom? Do you automate or procrastinate? Do you get tied up in perfection? What do you waste your time on? Has the love of work ever driven you to work more than you intended to? Share your comments here, would love to read them!

MyLeadSystemPro: My Big Mistake.

Attraction Marketing, Business Strategies, Funded Proposal, Marketing Funnel, Marketing Strategies, Personal Branding, Social Media 6 Responses »

Aug 242010

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MyLeadSystemPro (MLSP) is an online marketing platform & network marketing educational program. It requires a monthly membership, which is actually reasonably priced for our industry.

I joined MLSP, which promised to provide me with an effective marketing funnel, multiple streams of income, and an unlimited stream of free qualified leads for my primary business opportunity, as well as my affiliate programs.

I didn’t join MyLeadSystemPro when I first started as a network marketer. In fact, I learned the hard way and worked relentlessly at building my business without a marketing or sales funnel. Big mistake.

So when I started, I didn’t have a sales funnel, multiple streams of income, or even affiliate programs. Just me, myself and my great online business opportunity.

My leads weren’t free (or even qualified as a matter of fact).
I had only one income stream (which was more like an income drip).
I was making many, many calls every day, to people who didn’t care (not good for leverage).
I didn’t know what I was doing.

Mistakes are good. That’s how we learn, but I guess there’s always a slow and a fast lane? I took the slow lane, and if I had joined MLSP in my early days, it would have saved me a lot of work (and money).

The exciting thing about being a mentor is that you can pave the fast lane for your partners and prospects. Give the high ticket. Shorten the learning curve. Maximise the success rate.

The bottom line is, to succeed as network marketers and online entrepreneurs, we need
- A marketing funnel and funded proposal
- Free and qualified leads
- Multiple streams of income
- Education, education, education

I actually joined MLSP for the first 3 reasons, but I was totally amazed when I realised how much training the system provided. MyLeadSystemPro is a network marketing education GOLDMINE. It covers everything in comprehensive tutorials from list building to blogging, network-specific social media training, attraction marketing, video marketing, paid advertising, prospecting and the list keeps growing because they keep jamming the good stuff in there.

Honestly, the guys at MLSP want you to succeed, and I do too. So if you haven’t at least checked it out and taken advantage of the free training, get it now here:
www.fundedleadsystem.com

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The Onset of Leadership.

Business Leadership 11 Responses »

Aug 102010

Leaders teach, guide, inspire. Leaders go to the front of the line, because they know they have something they can teach, someone they can guide, and qualities they can inspire by. In the world of online entrepreneurship and network marketing, leadership is not an option. How can one become a successful leader, if success requires leadership in the first place?

Your Mindset is a Matrix.

Mindset & Personal Development, The Mindset Matrix 15 Responses »

Jul 182010

Share For most of us online entrepreneurs, developing a powerful mindset is not only a fundamental part of our approach to success, but also a constant self-evaluation process. While building a personal brand and business online, and going through the up and down motions of online marketing, we regularly take the pulse of our mindset, [...]

Are You Like Me? Attraction Marketing and Filtering Prospects.

Attraction Marketing, Marketing Strategies 4 Responses »

Jul 052010

Are You Like Me? Attraction Marketing and Filtering Prospects.

While preparing my latest online business campaign, and internally debating my attraction marketing strategies, I had a simple yet extremely meaningful realisation. While trying to determine exactly what I wanted to pre-qualify my prospects on, and what I wanted to find out about them, I realised that one of the main questions I really wanted to ask is this: ‘Are you like me?’.

Burn Your Bridges and Never Go Back!

Goal-Setting, Mindset & Personal Development 12 Responses »

Jun 142010

An important component of goal setting is planning for obstacles. You might be clear on what you want to achieve and how to get there, but have you planned for obstacles and sacrifices? Will you be tempted to go back when it gets too hard or uncomfortable? Will you go back when you have finally proven to yourself that you just can’t win? The truth is, with the acknowledgement that obstacles will arise and a solid contingency plan, it is possible to burn bridges and ensure that you will always be moving forward towards your goals.

Work at Home Mums: Are You Serious?

Effective Habits, Work At Home Mums 6 Responses »

Jun 042010

It is really much easier to work from home? While work at home mums enjoy more flexibility around their personal and professional commitments, they continue to have just as much desire and demands to perform in both roles. So how can mums ensure that working in a home environment and being their own boss doesn’t negatively impact on the results they generate? Taking your professional role seriously while at home will be the key to creating successful outcomes, and here are 5 important factors in establishing a professional mindset and routine.

The Mechanics of Positive Thinking – The Limbic System.

Mindset & Personal Development, Positive Thinking 9 Responses »

May 262010

The Mechanics of Positive Thinking – The Limbic System.

You may have heard of the power of positive thinking, but maybe are not convinced enough to try it for yourself. I will explain here the ‘mechanics’ of positive thinking and how it affects emotions, and in turn behaviours, because for those of us with an analytical mind, it sometimes helps to understand a process first before we believe in its power and apply related strategies effectively!

Simple Guidelines To Healthy Eating Habits.

Uncategorized 4 Responses »

May 242010

Simple Guidelines To Healthy Eating Habits.

We all recognise that good nutrition is crucial to maintaining good energy levels and brain power. A healthy diet helps us keep fit and arms us against diseases and illnesses. However, busy people tend to struggle to keep up a healthy diet every day. I’m not an expert in nutrition and diet. I think however that taking even the simplest well-known health-promoting steps will help us achieve greater outcomes, and feel healthy, empowered and focused. So with the risk of repeating what everyone knows, here are some important yet simple dietary facts you must follow to help maintain a healthy body, mind and spirit!