July 15, 2024

Scribblemaniac

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1-3-5-7 Network Marketing Formula – Setting Expectations Upfront is Important

Many people don’t do this step but really need to. In network marketing setting expectations upfront with your newest brand partners is extremely important for long-term success.

When setting expectations use the 1-3-5-7 formula when talking to the newest member.

  • It will take you one year to be functional and profitable. Rich in a year? NO!Functional and profitable YES! There’s an occasional exception to the rule.
  • It is going to take you three years part-time, 10 to 15 hours a week, committed, working hard to make a full-time income. Three years on average!
  • About five years to become a high-end income earner.
  • It will take you about seven years to become financially free creating a high 6 figure to 7 figure residual income.

Too many times people have unrealistic expectation and not get the immediate income results they were looking for. Guess what happens? You guessed it; they quit and blame the MLM profession on their failure saying it did not work while bad mouthing the industry.

If expectations are set properly on day one you will have long-term committed people in your organization that will not blame you or the network marketing profession for their lack of success. If you were to start a new profession you would not expect to make a six figure income in the first 6 to 12 months, so why is network marketing any different? You would work hard setting goals on your way to success. Well network marketing is no different and setting proper expectations upfront with your newest member is one of the most important things you can do.

If someone is new in network marketing and is full-time in the profession because they lost their job the best advice you could give them is get a job. It means being employed by someone else in the meantime while building their future. The “Hail Mary Pass” of trying to cram a 3 year curve into 6 months is devastating. You will loose your newest person for life. It is much better to set realistic expectations upfront.