Improve Your Legal Shield Profits
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Legal Shield distributors: Are you committed to creating a gigantic business? If that's the case, dig into this article now.
If you seek to become a top earner, you need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You have to learn how to market- like a REAL business!
Here are 3 ways top earners dominate today:
- Diversify Your Income Streams
Add other revenue sources to your Legal Shield business. It's risky to rely exclusively on a single revenue source in your business. Your downline leaders could quit. The duplication rate in your Legal Shield downline might decline. The management team at Legal Shield might make changes you don't like.
Adding diversity to your revenue lowers risk. Add new revenue sources but do not get distracted from your core Legal Shield business.
Select one or more of the following ways to add new revenue lines:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. Only promote the best products and services, not just the ones that pay high commissions. Generally you get paid commissions of twenty to sixty percent.
Another strategy is to take your content and make it into a product. Record your conference calls and webinars, then ell the recordings. Bundle your videos into an e-course. Bundle your articles into an ebook.
Third, you can provide one-on-one coaching to your students that are the most serious. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
Your time is the most critical resource you have as a Legal Shield business owner. An employee is going to get his paycheck regardless whether he is productive.
As a business owner, your income is going to depend on how productively you use your time. Success in Legal Shield is going to depend a lot on how well you invest your time.
Block out your work schedule each day. Define when your Legal Shield business activities are going to get done. Make sure when you sit down to work you know what you need to do.
Focus on revenue generating activities. These are things like connecting with qualified prospects and generating leads. Limit diversions. If you're working, don't check email, and stay off Facebook.
Schedule your important tasks for the beginning of each work period. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. Divide your target weekly earnings by the number of hours you want to work your business. This is the rate per hour you expect to earn as a business owner.
Your time might be worth $150 per hour. Can someone do your grocery shopping and other chores for less than this hourly rate? If so, then why are you doing them? You should not be spending time doing simple chores you can easily outsource.
- Market Effectively
Learn to market like a real business. It's amazing how little network marketers in companies like Legal Shield are taught about real marketing.
Purchasing leads and business cards, and setting up your company-provided replicated website seems like marketing. A lot of these tools are ineffective and a waste of time. There are a few parts to a marketing strategy:
Identify Your Target Market: Who is the ideal prospect for your Legal Shield business? Existing business owners? Broke people who need to make money? Network marketers are a really attractive target market. Networkers understand the business to a degree and won't ask you if this is a pyramid. Networkers have shown they are willing and able to make a monthly autoship purchase.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promotion: What's your strategy to attract leads after you run out of people you know to introduce to Legal Shield? Use a proven online marketing system that teaches strategies to generate leads online.
Following Up: Once you generate a lead, how will you follow up? To follow up, call your leads, and add them to an automated email follow up system.
If you seek to become a top earner, you need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.
You have to learn how to market- like a REAL business!
Here are 3 ways top earners dominate today:
- Diversify Your Income Streams
Add other revenue sources to your Legal Shield business. It's risky to rely exclusively on a single revenue source in your business. Your downline leaders could quit. The duplication rate in your Legal Shield downline might decline. The management team at Legal Shield might make changes you don't like.
Adding diversity to your revenue lowers risk. Add new revenue sources but do not get distracted from your core Legal Shield business.
Select one or more of the following ways to add new revenue lines:
First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. Only promote the best products and services, not just the ones that pay high commissions. Generally you get paid commissions of twenty to sixty percent.
Another strategy is to take your content and make it into a product. Record your conference calls and webinars, then ell the recordings. Bundle your videos into an e-course. Bundle your articles into an ebook.
Third, you can provide one-on-one coaching to your students that are the most serious. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.
- Invest Your Time Skillfully
Your time is the most critical resource you have as a Legal Shield business owner. An employee is going to get his paycheck regardless whether he is productive.
As a business owner, your income is going to depend on how productively you use your time. Success in Legal Shield is going to depend a lot on how well you invest your time.
Block out your work schedule each day. Define when your Legal Shield business activities are going to get done. Make sure when you sit down to work you know what you need to do.
Focus on revenue generating activities. These are things like connecting with qualified prospects and generating leads. Limit diversions. If you're working, don't check email, and stay off Facebook.
Schedule your important tasks for the beginning of each work period. The activities that bring in the most revenue for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. Divide your target weekly earnings by the number of hours you want to work your business. This is the rate per hour you expect to earn as a business owner.
Your time might be worth $150 per hour. Can someone do your grocery shopping and other chores for less than this hourly rate? If so, then why are you doing them? You should not be spending time doing simple chores you can easily outsource.
- Market Effectively
Learn to market like a real business. It's amazing how little network marketers in companies like Legal Shield are taught about real marketing.
Purchasing leads and business cards, and setting up your company-provided replicated website seems like marketing. A lot of these tools are ineffective and a waste of time. There are a few parts to a marketing strategy:
Identify Your Target Market: Who is the ideal prospect for your Legal Shield business? Existing business owners? Broke people who need to make money? Network marketers are a really attractive target market. Networkers understand the business to a degree and won't ask you if this is a pyramid. Networkers have shown they are willing and able to make a monthly autoship purchase.
Adopt A Compelling Position: A lot of other people promote Legal Shield too. Why should anyone sign up with you? Define the value you bring to the table that's different form everyone else.
Promotion: What's your strategy to attract leads after you run out of people you know to introduce to Legal Shield? Use a proven online marketing system that teaches strategies to generate leads online.
Following Up: Once you generate a lead, how will you follow up? To follow up, call your leads, and add them to an automated email follow up system.
About the Author:
Ricardo Interpemian has taught thousands of people how to grow businesses like Legal Shield.
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