Saturday, July 19, 2008

Network Marketing Business Opportunity -- What's Your Plan?

Okay, you have an opportunity to build a network marketing business. So, the question is, do you have a business plan? Yes, even a network marketing business needs a plan. If you are not planning your business, you are planning to fail.

Do you start out on a vacation or a business trip without a plan? Or do you just start driving without a destination in mind? Do you just catch the first plane taking off? Of course not, you know your destination and make plans with the destinaton in mind.

Well, it's no different with a network marketing business. You start with the end in mind. To do so you must know what it is you're trying to accomplish? This is starting with the end in mind. For instance, if the end is to increase your customer base, how many new customers are you attempting to pick up each month? Once you decide that, decide how many prospects you need to contact for this to happen. Once you know how many prospects you need to contact, then plan your daily activities accordingly.

After you decide on the destination or the end (or the number of new customers desired), make a plan. The business plan might include developing new advertising/marketing skills, it may include contacting x number of people each day. It may include sending out x number emails per week. It may include the number of blogs and/or videos you will post each week. If you only haphazardly do activities without the end in mind, you will get haphazard results. When planning, consider the time/money resources available to work the business. Once you consider the resources, make a schedule & stick with it. If you know your time is limited, be realistic about the results you expect. Another part of the plan is scheduling when you will review the plan.

Now that you have a business plan, start the plan. Don't allow the considerations, fears and roadblocks to keep you from working the plan.

Also, when making the plan, create a checklist of your activities. This will help you when you review your plan. If you aren't getting the desired results, the checklist will enable you to see if you really are sticking with the plan. It will also enable you to make any adjustments if you are implementing the plan but it just isn't working.

Even if it takes a week to plan, this time won't be wasted. It will actually save you time. You will be more productive when you do start implementing the plan. It is likened to you sharpening your axe. When you sharpen an axe you work smarter, not harder. Thus, you get quicker results with a sharp axe.

So, the question is do you have a plan for your network marketing business? If not, you really are planning to fail.

Be empowered to prosper!

Irma White
A Mentor With a Servant's Heart

For help with your network marketing business visit Mentoring For Free.


Amber Riviere said...

Great post, Irma! Plan your work, then work your plan.

Thanks for adding it to MAB. I know it will be helpful for all of the members.

Have a great weekend!

Lidie said...

Hi Irma,

You made it so clear as to why we need a plan. Network marketing is a business and it should be treated as a business. Without a plan, we are destined for failure.

Best of Health,

Lidie Gray

Dana said...

WOW. This is great. I don't have a business plan for least not written down, but I have a Plan! Thanks for the info.