Tag Archives: Making Money

Another Reader’s Question

QandAsmall

This email came in overnight from a reader and I felt strongly that it needed to be answered here ASAP!

 

 

 

Hi Roxanne,

I found you on facebook and love your Q&A series on your blog.  Here is my question.   If you do decide to answer it on your blog, please just call me “NOT making money with facebook”.

I just found out today that my job is ending in a month and I need to know how to be making money with my business before then.  I’m scared!  Before now, I’ve been trying to work my MLM business but it’s just not going anywhere.  I feel like I’ve been wasting a lot of time on facebook.  I take all of these classes and they say to go to groups where other networkers are and post 1 – 3 times a day.  I do that and get no response.  I’m posting about all of the great things about our company.  The excellent pay plan, how they can get started for under $500, how they can fire their boss and things like I see other people posting.  I don’t get anyone to “bite”.  I’ve sent some emails to people introducing myself and my business just like I was told by one trainer.  That got me a warning from facebook.  Someone reported me for spamming them.  I wasn’t spamming, I was introducing myself and my business.

It just seems that there are so many rules to what you can and can’t do on facebook.  And everyone is doing the same thing so how do I know what will make money?     I’ve spent a lot of money on training and I feel that I’ve been implementing everything I was taught to do.  Why isn’t it working and what is the best way to make money going forward?

Thank you for your help.

Well, hello, NOT…   I am glad you found me!  I’m sorry to hear about your job, but the good news is you can turn that into a very good thing.  I’ll tell you why in a bit.  Welcome to my training.  I don’t know how far you’ve read or what, if any, trainings you’ve listened to of mine so I will begin with this:

I am not one to “sugar coat” things.  I will not tell you what you want to hear, I will tell you what you need to hear.  If that’s too blatant and too much for you right now, don’t read the rest of this answer.

OK…here it is….

First of all, you found me on facebook.  That is a very good sign.  Do you know what that tells me?  It tells me that what I’m doing is working!!  Now…do you want to learn from someone who is just making money teaching or from someone who is actually doing the things they are teaching?  Too many times people teach others to do things they are not willing to do themselves.  Why?  I do not know what the motivation is for that.  Maybe if they can keep you from having success, they think you will keep coming back to spend more money with them, I don’t know.  In reality, the exact opposite is true.

Let’s move on…

Going to groups where other networkers are and posting all of the great things about your company is actually the WORST way to do business on facebook.  Let’s look at this logically.  These groups are filled with other network marketers.  They already have a company.   They are struggling just like you are.  They have heard everything you are saying before.  Heck…they’ve probably said it too.  They are not your target market.  So, you are spending time giving the wrong information to the wrong people.  There aren’t many other ways than bad that could turn out.

You talk about sending emails to other facebook members.  You say “I wasn’t spamming, I was introducing myself and my business.”  Did these people ASK to hear about you and your business?  I don’t think so.  Any time you send any kind of private message (fb PM, fb email, regular email, etc…) that is unsolicited (not asked for) it is considered SPAM.  You could be legitimately offering people $100 for reading your email and if the recipient didn’t ask for you to email them, it’s SPAM.  So, yes…you were spamming them.

It’s good that you are willing to invest in yourself and get the training you need.  I did take a look at your facebook profile and I can tell you that it is not set up properly to attract the right people.   The first thing I always recommend that you have a smiling photo of YOU as your profile photo and that you use a cover photo with a clear, concise, “About Me” statement that tells the person looking at it who you are and what you do.  This should be short and clear.  Read my post from yesterday about using facebook to market your business.  It’s all about being SOCIAL on SOCIAL spaces.  Attraction marketing.  That’s what works, not “go yell and scream until people block me” which is what is being taught by many “trainers”.

Bottom line…You will need to learn how to properly use facebook to market your business.  I suggest you find a coach who is currently working on facebook and having success doing it.  Learn from them.  Don’t waste your money on any other training.  Get the proper training now while you still have an income and you can learn how to be making money before you get into the spot where you have nothing and are so desperate that nothing works.

Good luck!!

Roxanne

 

Why Isn’t Building a Business as easy for me as it is for others?

QandAsmallI received this question in my email box the other day from a reader.  He gave me permission to answer the question here on my blog, but wanted to remain anonymous.

I am going to try to make this a new blog segment so if you have questions pertaining to your business, feel free to ask them in the comments or send me an email.  The email me link is over on the right side of the blog ==>

 
Hi Roxanne,

I joined my mlm company in 2008.  I watched a presentation that said I could fire my boss and basically told me that I would be making money in no time.  I never heard of mlm or network marketing before and was sucked in by the video and my sponsors excitment.  I joined and started talking to everyone I know about the products and business.  I signed up three people in two months.  The up front money was ok, but then when the next month came around, they had excuses why they couldn’t place another order.   Money, they already had too much product, etc..  That was like a kick in the pants because I had quit my job in month two when people were joining and I was starting to make some money.  After that, I signed up a person here or there and some would stick around for a few months, others were gone month 2.  It just seemed like everyone around me was building but I couldn’t.  I went to all of the company calls and team calls.  The team calls had a thing called a 30 day cleanse where you clear your mind and life of everything negative and just focus on you.  I learned a lot during that time, but that wasn’t making me any money.  By the end of the 30 days, things were so bad that I had to go back to work or my wife was going to divorce me.  That was in 2009.   From 2009 until now, I’ve been working a job 40 hours a week.  My commute is a half hour each way and lunch is an hour so I’m really gone from home 10 hours a day.  That doesn’t leave much time for building a business.  I really want to make this work, but I don’t know how.  I don’t have the money to spend on coaching right now.  I’m still buying product every month because I can’t get the small commission check that I do get each month without doing that.  Is there anything you can do to help me?

Anonymous

Hi Anonymous,

I can definitely feel your pain in your email.  Unfortunately, your story is all too common among network marketers and other entrepreneurs.

Normally the first thing I would do is recommend a Breakthrough Session to help get your business up and running properly.  However, in this case, I would like to answer your question here on my blog first because it is a story that so many people are smack dab in the middle of.

First of all, I’m not a fan of “sign up today and fire your boss”.   When we bring people into the business based on hype, we have to find a way to keep them hyped up continuously in order for them to continue to build.   It is much better if we educate people before we bring them into the business.  Let them know that this is a real business and it takes real work.  It’s not a “get rich quick” scam.  It is a business and should be treated as such.   You wouldn’t go out, buy a Burger King franchise, rent a building, hang up a sign and expect to be making enough money to retire next month or even next year.  Every business has a learning curve…a time when you are making little to no money while you are learning the proper way to work it.  In my case, and in the case of most network marketers, the learning curve is “on the job” and most go years with no income while they are doing the whole “trial and error” thing to see what works and what doesn’t.  This is especially true if our sponsor is new as well.

I’m not saying don’t bring anyone in until you’ve spent a few years perfecting your approach.  I’m saying, you have a couple choices, as does your new business partner.  Those choices are:

1.  Invest the time to learn on your own through trial and error

or

2.  Invest a few dollars into learning from someone who has been through it

After you learn how to build your business by choosing one of the two options above, you then have to find at least an hour a day to work your business.  More time = quicker return on investment of time.

We are all given the same 24 hours in every day.  No one gets less.  No one gets more.  24 hours every single day of our life.  You spend 10 hours/day working & commuting.  Let’s say it takes you 1 hour to get ready for work each day.  Then you come home and let’s say you have 2 hours to decompress and eat dinner.   If you are a typical person, you get less than 8 hours a night sleep, but we’ll deduct 8 hours just to be on the safe side.  That leaves 3 out of 24 hours.  Now, let’s give you 2 of those hours to devote specifically to family time (this is in addition to meal time).  That still leaves you with 1 hour per week day to work on your business.

Now, let’s move to weekends.  You have a full 48 hours on the weekend.  Don’t jump in here and say “Well…this is MY time.”  You need to figure out if you are building a serious business or if you want a hobby that you can fit into your free time.   If you are building a business, you may need to make a few sacrifices for a while.  Just like if you had your own franchise.  You wouldn’t tell your employees “Don’t bother me with work stuff on the weekend.  That’s MY time”.  So…let’s get back to the 48 hours every weekend.  You sleep 8 hours/day and let’s say you spend 4 hours/day doing yardwork, housework, etc…  and you spend 2 hours/day with your family.  That still leaves TEN FULL HOURS PER DAY on the weekend that you can invest into your business.

If you learn what to focus your time on during that time, you can realistically expect to have your income see a huge increase within just a few short months.

WHAT?  A few months?  Why not a few weeks?

Any method of prospecting that is worth doing takes time.  Remember…we aren’t going to “hype people into the business” we are going to build relationships and educate them so they are around for the long haul.

You say you don’t have the money to spend on coaching right now, but you really can’t afford to NOT get help and move your business forward.  I challenge you to find any success story out there who made it without a coach.  Without ever getting help from someone.  Find someone who did all on their own with no one.  If you do find that person, they will be very few and very far between.  The majority of successful people in the world have had a coach.  They have had someone to work with them and help them move forward.

I’m not saying this to talk you into coaching with me.  Choosing a coach is a very important endeavor.  Just like entering a network marketing business…do not invest in coaching based on hype.  Go read what coaches are saying on their blogs.  Check out every piece of free information they have.  See if their teaching style resonates with you.  THEN, only after you find someone whose coaching style you are comfortable with, ask for a consultation to see how they can help you.  Some will do this free, but most will charge you a small fee for it that will be applied to the coaching investment should you choose to move forward with them.

I wish you the best of luck!!  Please keep me posted on your progress!!

Coach Roxanne

 

 

 

 

Learn How to Brand and Market Your Business on Social Spaces

Social space marketing is nothing like what you’ve learned in the past.  Times change.  Techniques that worked years ago do not work anymore.

Are you serious about moving your business forward?

I am opening up just a few coaching spots at a HUGE discount of $500 off your investment.  Get the help you need today.

What you’ve been doing up to this point is not working.  If you are serious about moving your business forward and building a secure future for yourself, you need to learn how to market your business properly.

Don’t wait!  Make the investment into your business today!

Is your business worth it?

Are you sick and tired of wasting time trying to figure out what to do to build your business?

Are you serious about taking control of your financial future?

Do you either want to get your business started properly (if you are new) or are you finally ready to start taking your business in the right direction (toward making money instead of struggling)?

Think about all of the time you’ve wasted so far doing things that just don’t work.

What is your time worth?

I’ve been where you are.  I can help you move forward. 

 

Seemingly Intelligent People Are Losing Thier Minds

I am amazed at the number of seemingly intelligent people who are acting like they don’t have a shred of common sense. If you are offended by this statement or this post I apologize in advance. This is not meant to “trash” anyone. It’s meant to educate.

In the past few weeks, I’ve gotten a lot of emails that go something like this:

THEM: I started a home based business and was told that I would be able to quit my job in no time. But here it is, a year later and all I’m doing is spending money instead of making it.

ME: What are you spending your money on? Why do you think you are not making money?

THEM: I’m spending money buying products from my company so that when I do sponsor someone, I will qualify for bonuses. I’m also spending money advertising. I’m not making money because nothing works me.

ME: First of all, there are MANY free and low cost ways of advertising. You do not need to spend a lot of money advertising. Unfortunately, if you don’t know what those ways are, yes…you will spend money to learn. You need to either spend time learning it on your own or pay someone to help you. It’s that way with anything. If you want to be a teacher, you pay to go to school to learn how. If you want any career and not just a job, you pay to go to school to learn how to do it. If you don’t already know how to build a business, you have to pay to learn how. The question then becomes – Do you pay someone thousands to learn or hundreds? Just like going to college, it’s an investment in your future.

THEM: Why should I pay more money to learn how to market? Nothing has worked so far.

ME: That’s exactly why you should make the investment into learning how to market. Once you learn it, you can implement it forever. Think of it as an investment into your future, not spending money on something that is getting you nowhere like you’ve been doing.

I really am surprised at the number of people who honestly think they can start a home based business with NO EXPERIENCE OR EDUCATION and be replacing their income in no time. It seems these same people would think they could become a doctor just out of high school with no education.

Is It Sharing or Selling?

What is your mindset?

It has been said that we have been doing network marketing since we were little so why not get paid for it.

I used to call my son the “Infomercial Kid”.  He would run into the kitchen or my office and say “MOM…guess what you can get for just 3 easy payments of XXX”.  He was always asking for the next greatest thing and telling me why I should get it for him.

He would be GREAT at network marketing/MLM/direct sales, right?

NO!!  He wants nothing to do with sales even though he is a natural salesperson.  He has been “wheeling and dealing” since he was little.  For example, this summer, he traded a cell phone and a gun for a snowmobile, then traded the snowmobile for a dirt bike with a blown motor, then traded the dirt bike for a chopper bike and then traded the chopper for a “crotch rocket” and then sold that for $1,000.  This entire process took about 2 weeks.  So…he started out with a cell phone and a gun and two weeks later had $1,000.  This is what he does when he needs/wants money.  He is now in the process of trading up to a truck.  He started with a mini bike that he traded something to one of his friends for and he is up to a nice four wheeler.  Another friend wants to trade his road bike for the four wheeler and then he hopes to trade that for a truck.

This kid was made for sales.  But…his mindset is that he hates sales.  WHAT?  How can that be?

There is a negative connotation around the word selling.  We do recommend and promote every day.   However, as soon as we add the business aspect in, everything changes.  OUR mindset changes.  We no longer think of it as recommending and promoting, but as making money.

I have a couple friends who are Direct TV customers.  They are always talking about how they get their Direct TV service for free because they get $10/month off their bill for each person they refer as customers.  One of them even told me how she got three people on a bus ride one day to sign up for their own Direct TV accounts and that meant $30 per month off her bill from people she didn’t even know.  She met them on the bus.

I approached this same friend and told her how network marketing would be perfect for her to make an income from home.  She signed up with me but did NOTHING.  Sponsored no one.  Had no customers.  She quit and told me that she just couldn’t do “this whole MLM thing” because it’s “too hard”.  I wondered how that even made sense.

It was around that time that I decided I needed to be able to teach my new people better ways of acquiring customers and business partners.  I needed to come up with ways that did not require the person to feel like they were “selling”.   That’s how I came up with using social spaces to market my business.  I never again had to ask anyone to buy my products or join my business.  I just get out there and be social (just like my friend did on the bus) and people were coming to me asking “How can I make money doing what you do?” or many just went to the website and purchased products.

Interested in learning more?  Join my October 2012 Group Coaching.