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"How To Make More Money In Your Business Starting Right Now, Today"

The following is a transcript of the 6th video training that is part of The MLM Formula Newsletter. If you would like to get FREE access to the full video version as well as almost 2 full hours of additional hard-hitting insider training, join the FREE MLM Formula Newsletter using the form below!

Alright guys, this lesson is going to be incredibly important for you.

Because it's going to solve the problem that causes 97% of the failure in this industry.

Money.

97% of those who enter this industry will spend far more than they ever make.

Crazy, huh?

...which tells me that right now there's a pretty good chance that you're losing money in your business, not making money.

Or if you're making money, I know you'd love to make more, right? I mean who wouldn’t…

So that's exactly what this lesson is about – how to start making more money in your business starting right now - today.

Now to start with, think about your prospecting efforts... What do you do, or what Did you do before you started implementing all of the training you’ve been getting as a member of this site.

You probably presented your opportunity to your prospect, and asked if they were "interested"...right?

And they either were or they weren't...and if they were they'd join on the spot. And if they weren't ready to join right then, you MIGHT follow up with them a couple times by making those really awkward follow-up calls.

But in the end, they’d either joined you or they wouldn’t, but you never had a long term pipeline in place. Now the idea of a prospect “pipeline” is a whole other lesson, so just access that section after you watch this video, and that term will make a lot of sense for you.

Now of course, first off I'm not blaming you that you were prospecting all wrong…in fact it’s not your fault at all - it's most likely how you were taught to build your business by your upline.

What's that phrase I always here?

"Some will...some won't...so what...NEXT!"
Familiar?

But let me ask you this - when do you make money?
You ONLY make money when your prospect joins your downline OR orders your products...

That's it.

Crazy, huh?

I mean out of everything that you do to grow your business, the ONLY thing that actually makes you money is processing completed distributor forms or product orders...

But there's a problem - -

Whether your prospect joins your downline or not, they still cost you money.

...either because you bought some of those worthless "opportunity" leads, handed out product samples, paid to print up flyers, placed an ad in the paper, or whatever.

In fact, I would say that the average lead costs around $5...some might be more, some might be less. But we'll use $5 as the example for this lesson.

Now whether you realize it or not, when it comes to prospecting for your business only 1-3% of your leads will actually join your downline.

BUT...despite whether they join your downline or not...they, again, still cost you money.

...And since you can only expect 1-3% of your leads to join your business, that means that 97-99% of your leads will NEVER make you money!

That should be hitting you like a ton of bricks right now...

By using the "old methods" of prospecting, you are missing out on 97-99% of your potential profit!
And THAT, is a MAJOR reason why this industry chews up and spits out so many people. They simply don't get it.

Remember how I said you are a business builder? Well how in the world could you EVER hope to have a profitable business if you only made money from 1-3% of your customers!!

You couldn't!

So let's put some sound business principles behind the way you market your business so you don't become another nasty statistic of this industry...

Remember the quote from one of your lessons before?

"Nobody who bought a broom actually wanted a broom, they wanted a clean floor. Therefore, if you want to sell brooms, you should advertise information about having clean floors - NOT information about brooms."
And remember my example of the 5 distributors for the company "Hulu" and how the 1 guy didn't just pitch you his business - he tried to help you first?

So putting everything that you've learned so far together, lets say you do exactly the same thing he did…the 1 distributor for Hulu

And here's how -

You start by marketing information to your target market (other network marketers) that will help them build their CURRENT business faster and easier.

That way, you build trust with them, and you have the chance to showcase YOU - which remember is the ONLY reason your prospect will ever join you.

After you give them some free "samples", you charge them say around $39 for your "insider's guide"...which allows them to take an even more in depth test-drive of your knowledge and skills.

Plus, this way you make money from 25-30% of your leads instead of the 1-3% like before...AND again - you get to show off your knowledge and value at the exact same time…through your little how-to course!

Because when your prospect buys your course, they're basically saying...

"Hey, I want to pay you to show me what you know. I'm inviting you into my world as a welcomed guest and expert. I'd love your help"
Now your little $39 "insider's guide" solves not only your money problem...but also sells your customer on joining your downline automatically! They'll even call you FIRST and ask to join your downline!

Why?

Because they see how much knowledge you have, and therefore they realize that you can help them achieve their goals faster and easier!

How easy is that? Pretty cool...

Well that’s exactly what we’ve set up for you with the Instant Speed Sponsoring Machine – as a member here you’ve already got that working for you. I just think it’s important that you understand the “why” behind it.

Now look at what a difference this just made for your business...

Remember how I said that the average lead will cost you about $5? So 100 leads would cost you about $500...

If you marketed your information to them first, and 30% of your leads purchased your information, that would result in $1170 in revenue before ANYONE joined your downline! That's $670 in pure profit!

So now your leads are literally making you money - whether they join your downline or not!

Which means you won't spend yourself out of money before you can ever get enough distributors to join your downline - in fact you could go on forever building your business because you're producing instant cash for your business- so you can continue to produce even MORE leads…and therefore even MORE cash!

It's like a little magic slot machine that pumps out new leads and cash for your business on autopilot!

Which is exactly what you’ve probably already experienced with the Instant Speed Sponsorign maching that we’ve customized and setup for you when you joined our member’s site.

Now think about this - your prospects are selling themselves on joining you just by reading your information because they realize you're a LEADER!

Wow, huh?

Now if you had to do it on your own without the Instant Speed Sponsoring Machine, you’d probably feel overwhelmed that this ads a whole new dimension to trying to build your business.

Well, see that’s exactly why being a member here is so valuable. You don’t have to worry about any of it we do it for you….so you don’t need any techy knowledge or need to know anything about HTML, autoresponders, or how to write follow-up emails to your prospect.

Pretty cool. And now you know the “why” behind it.

The bottom line is there's no denying what a powerful impact this business model has on the amount of money you make and the number of distributors that you sponsor... it really is incredible.

And if you’re wondering why the system we setup for you works so well… let me ask you this:

Which do you think is easier to sell -

• A $39 "insider's guide" to building a successful business in this industry
  
  OR
• A $100 - $3000 business opportunity

 I can tell you - HANDS DOWN - a $39 "insider's guide".

...And that's not even taking into consideration the fact that using the $39 "insider's guide" method, your leads literally sell themselves and just call you to get started!

That would NEVER happen using the "old methods"...

So again, now you know the “why” behind the Instant Speed Sponsoring Machine, and you know why it works so well for you.

And you’re probably pretty glad now that you didn’t have to come up with your own “insider’s guide” to sell, or worry about setting it up right, or setting up and writing your own autoresponder, or all that suff.

Pretty cool, huh?

Now next lesson I’m going to show you the exact business model that will allow you to take all of the training that you’re getting here and use it to go full-time in your business within 90 days.

Again, way cool…