Not long ago I got a consulting call from someone who was in an MLM company. He was having a hard time making any money at all -- much less recouping his initial $1,800 investment.
He did not know where to go or who to turn to. All of the ideas and literature his company gave him weren't working but he still believed in the product.
Here is what I advised him to do:
I told him, first of all, forget about selling any product or sponsoring anyone for the time being.
He can still do all that, but for now, he needs to do something a bit different if he wants to make any money in his MLM business.
I told him that there were two things he could do:
1.) He can call and interview the top ten or so distributors at his company and ask them how they are making so much money.
In other words, what are they doing? How are they sponsoring or selling so much? Are they doing what their home company says? Or are they doing something different?
And what I told him he could do is take these interviews and do mini "joint ventures" with each person he interviews, selling that product to their downlines and splitting the profits.
That is the first idea I suggested.
2.) The second idea is to do the same thing, except make it more generic. Take out all the company specific stuff and sell it to all MLM people in general.
In other words, you are selling all the best sponsoring and product sales techniques and showing all MLM people -- not just those in your business -- how to do them.
And that's all there is to it.
The idea here is to merge your network marketing business with an "information" marketing business. Get the best of both worlds.
There are a ton of hungry prospects out there wanting to make it big in MLM. If you can be the person with the secrets -- whether you are selling to people in your own company or people in all MLM companies -- you can make a fortune selling this kind of information.