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, the way to do it is to implement a promotional plan that puts your message in front of thousands of people - not merely a handful of friends, family members and people you know.
You've got to learn to acquire customers and business partners the way nearly all legitimate businesses do: through marketing!
I've been groomed by 6 and 7-figure income earners who taught me the following strategies we quietly use to build large businesses:
- Diversify Your Income Streams
Make sure you have other income streams in addition to just your Legal Shield revenue. Depending your business solely on Legal Shield is risky. You never know if your top people will leave your downline. Your Legal Shield retention could decline. The management team at Legal Shield might make changes 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.
There are three main ways to diversify your revenue:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. 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.
Third, you can provide one-on-one coaching to your students that are the most serious. 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.
Entrepreneurs earn income to the degree they productively invest time, energy and resources to create results. It's important to use your time productively if you want to succeed in Legal Shield.
Schedule your days. Define when your Legal Shield business activities are going to get done. Decide in advance what you are going to do during that time.
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. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. 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.
You might expect to earn $200 an hour or more. Could you find someone to do your yard work, shopping and other tasks for a lower hourly rate? If you can, then why not do so? You should hire people to complete simple household tasks.
- Market Effectively
Like any established business, you must market to generate sales. Once you run out of friends and family to prospect, you are going to need to use real marketing to grow your business.
DVDs that pitch your company, replicated websites and webinars are not a comprehensive marketing strategy. Running around with a bunch of silly brochures will NOT build you a large business. 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.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promotion Strategy: How will you generate leads when you don't have any more family and friends to approach about Legal Shield? Get trained in solid online marketing tactics that will generate leads for your business.
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, the way to do it is to implement a promotional plan that puts your message in front of thousands of people - not merely a handful of friends, family members and people you know.
You've got to learn to acquire customers and business partners the way nearly all legitimate businesses do: through marketing!
I've been groomed by 6 and 7-figure income earners who taught me the following strategies we quietly use to build large businesses:
- Diversify Your Income Streams
Make sure you have other income streams in addition to just your Legal Shield revenue. Depending your business solely on Legal Shield is risky. You never know if your top people will leave your downline. Your Legal Shield retention could decline. The management team at Legal Shield might make changes 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.
There are three main ways to diversify your revenue:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. 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.
Third, you can provide one-on-one coaching to your students that are the most serious. 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.
Entrepreneurs earn income to the degree they productively invest time, energy and resources to create results. It's important to use your time productively if you want to succeed in Legal Shield.
Schedule your days. Define when your Legal Shield business activities are going to get done. Decide in advance what you are going to do during that time.
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. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. 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.
You might expect to earn $200 an hour or more. Could you find someone to do your yard work, shopping and other tasks for a lower hourly rate? If you can, then why not do so? You should hire people to complete simple household tasks.
- Market Effectively
Like any established business, you must market to generate sales. Once you run out of friends and family to prospect, you are going to need to use real marketing to grow your business.
DVDs that pitch your company, replicated websites and webinars are not a comprehensive marketing strategy. Running around with a bunch of silly brochures will NOT build you a large business. 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.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promotion Strategy: How will you generate leads when you don't have any more family and friends to approach about Legal Shield? Get trained in solid online marketing tactics that will generate leads for your business.
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 taught thousands of people how to grow businesses like Legal Shield.
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