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Friday, January 11, 2008

How Do You Grow Your Organization

I know several of the home based business owners will disagree with me, but I'm the one who makes the business decision, not anybody else.

I'll try to get up to several members, then sign up to 8-12 aces, the real serious, motivated, open minded, and those who will grow with me.

Although they're serious, I may still say no.

I want to find out if they will fit into a system that maximizes duplication. I'm looking for people who can train the trainer be a leader, and can keep their appointments.

First, let me explain how this works and then I'll follow it up on how to do it.

Let's say you personally sponsored 8 and those you directly sponsored brought in 8 and let's say you keep this throughout your downline and brought it 5 levels deep, here's how the calculation will turn out to be:

Assuming that the amount of business each sales group brings into your company is $100 a month.

In the first level, you have 8 people in your downline, so that's 8 x $100 = $800. If your paid a commission is 15%, you will get $120 a month.

In the 2nd level, you will have 8 x 8 = 64 people in your downline, so that's 64 x $100 = $6,400. If your paid a commission is 10%, you will get $640 a month.

In the 3rd level, you will have 8 x 8 x 8 = 512 people in your downline, so that's 512 x $100 = $51,200. If your paid a commission is 5%, you will get $2,560 a month.

In the 4th level, you will have 8 x 8 x 8 x 8 = 4,096 people in your downline, so that's 4096 x $100 = $409,600. If your paid a commission is 3%, you will get $12,288 a month.

In the 5th level, you will have 8 x 8 x 8 x 8 x 8 = 32,768 people in your downline, so that's 32,768 x $100 = $3,276,800. If your paid a commission is 1%, you will get $32,768 a month.

When all this is added up, your builder's bonus alone if you execute this plan is a whooping $48,376 a month. This doesn't include those people in your sales group. As I said, we assume that each person brings in $100 a month of business.

So you still want to be a real ACE recruiter and continue recruiting in your front line? Go for it. In my opinion (after looking at these numbers), I believe with enough convincing force that there's a better way.

I want to build an organization and recruit those who are willing to be leaders. Leaders build organizations deeper. I want people who will lead their own organization. People who will train the trainer. More on this later.

First, get your aces, help them build their frontline, train them to train their frontline and the process repeats itself for every level.

Look at the people at Herbalife, NuSkin, Shaklee, Xango, and Amway - how they made millions a year.

HOWEVER...here's a twist and you must meet it to make the builder's bonus as stated by your company's policies!!!

You may have to meet the new policies in bringing in new business or purchasing a minimum amount of the products yourself.

If you didn't think this system is possible, then you might want to rethink your strategy.

People quit the business because they're discouraged. You got to light up the match that fires them up. If you do, you'll be their friend for life.

Here's how do you do it

1. Determine how many people are you willing to have in your front line. If you can handle between 4-8, that will be great. I start with sponsoring four front liners at a time since you want to earn those pin-levels right away.
2. Perform the process below on sponsoring your ibos. This is how it works:

a.
Get your leads from your favorite lead source
b.
Prospect and sign up your 1st ibo.
c. Get together with your 1st ibo and do some prospecting together, using the leads you acquired from your favorite lead source. If this new prospect signs up, it will be signed up under your first ibo.
d. Prospect and sign up your 2nd ibo.
e.
Get together with your 2nd ibo and do some prospecting together, using the leads you acquired from your favorite lead source. If this new prospect signs up, it will be signed up under your 2nd ibo.
f. Prospect and sign up your 3rd ibo.
g.
Get together with your 3rd ibo and do some prospecting together, using the leads you acquired from your favorite lead source. If this new prospect signs up, it will be signed up under your 3rd ibo.
h.
Prospect and sign up your 4th ibo.
i.
Get together with your 4th ibo and do some prospecting together, using the leads you acquired from your favorite lead source. If this new prospect signs up, it will be signed up under your 4th ibo. Hopefully you get to earn your first pin-level.
j. Repeat the process from step a until your 4 front-line ibos earn their first pin-level or have already gotten the hang of it.

If it's for a customer, perform the same process until they get the hang of it.

In some companies, this is allowed since you, your front-line ibo, and that new enrolled ibo has already built a relationship.
3. Once you get your 4 ibos developed into leaders. They will also be trained on how to do what you're doing and will train the trainer to do the same thing. From this point on, repeat Step 2. By the time you negotiate through all this, you have already grown an organization and it will grow exponentially.

I will expand on this later.

1 comment:

lesid said...

The idea of a 3-way call that I have is derived from someone who was a top banana in one of the network marketing companies I work with, which I prefer not to disclose and is within the policies set forth by that company.

Cheers...

Sidney