First of all – congratulations on wanting to make bank.
So, let’s get right to it and do the math:
$1,000 a day is $41.66 an hour.
So, how can you churn out $41.66 an hour around the clock?
We usually sleep 8 of those hours, maybe more like 6 these days, but what can you do while you sleep to make $41.66 an hour?
Here’s the 3 Steps to Making $1,000 a Day in Network Marketing
The whole reason why I started network marketing in 2014 in the first place was because of the big paychecks MLM leaders held up at events.
We’re talking about $100k to $300k a month.
How is that possible?
I soon realized they didn’t just sell product out the backside of a van.
They built organizations of people who reordered product each month and built their own teams, and they got a little commission from everyone’s activity.
It’s called leveraged income.
You leverage the efforts of others to make huge money.
You can’t do it all by yourself, you need a team, a lot of people.
Think about any celebrity that makes bank.
They appeal to the masses who buy everything the celeb puts out.
So, how can you reach a lot of people?
One – The World Wide Web
I used to go to the YMCA to work out, and every Thursday the YMCA would allow its members, who did Direct Selling, to set up their products in the lobby.
I never saw anyone stop to check out their products. And, at the end of the day, these distributors went home and their “shop” was closed because they didn’t have a store on the internet.
In order to make $1k a day in MLM you need to be open 24/7.
Remember, you need to make $40 an hour around the clock.
Your network marketing company has to be available globally, or at least open in some countries in Europe, Africa, and Asia.
There’s no better feeling owning an internet business than to wake up in the morning with orders in your inbox. You won’t get orders overnight if you are only available in America. I get new reps signing up into my business at 3 AM from Ghana and 5 AM from the UK.
So, make sure your product is available globally and on the internet. The company I promote as high-definition websites and landing pages that we can promote around the world. All you have to do is share your link online to generate leads. See My Online Business Here.
Two – Leads/Autoresponder/Built-in Sales Funnel
So, what are leads?
These are people that sign up on a form to check out your business. In my business, people sign a form, name and email, phone optional, on what is called a landing page.
I get an email with their info when they use my landing page to enter into the business through a “free business tour.”
When someone takes the free tour, they see what my business is about.
I don’t mention my company name when sharing my links because you want to create curiosity.
You don’t want your prospect to research your company’s name on Google and then join up with someone else who has the #1 spot on Google.
After I get a lead, my company has an already built-in sales funnel for my leads. I simply generate the lead and my company sends a series of emails to my prospect on a daily basis.
The emails are really good at closing my leads, so I don’t need to email my leads additionally. (That’s how I work one hour a day)
But, like with any startup, you will have to inject capital into your business to get it off the ground.
You might be in the red for a year until you recruit some business builders who start recruiting for their business.
I only recruit business builders because that’s where most of the residual income comes from.
You won’t make any money acquiring just customers.
Customers come and go.
You want people who want to build a business, people who recruit business builders, that’s how you get thousands of people into your organization quckly.
Three – Duplication/Reorders/ High Commissions
The fat residual income checks in network marketing come from thousands of people reordering product each month within your organization.
So, you need a product that needs to be reordered each month, for one.
Two, you need to get your new “business builders” started quickly.
Leads are the backbone of your business, so you need to have a very simple lead generation technique your entire team can easily implement.
My system is so easy a 7 year old can do it and that’s what you need for massive duplication.
You want your recruit to generate leads within the hour and have a new rep of their own within a week.
Your new rep should understand business and know that all businesses take time and money to get started.
Of course, not everyone will want to spend any extra money beyond their product purchase and that’s fine, but they will need to share their opportunity with people, so instead of spending money they can recruit friends and family first, then create content online to attract cold leads.
I didn’t have any money when I started MLM in 2014, so I created articles and videos, but blogging isn’t duplicatable, so my team didn’t grow.
Most people start prospecting on Facebook which is fine, but if you don’t know how to prospect on fb you are going to turn off your friends and family. That’s pretty much what has given MLM a bad name, bad prospecting techniques, and spammy messages all over social media.
Don’t be that guy.
If you can’t do advertising, learn how to do facebook prospecting the right way.
Last thing you need is a company that pays high commissions.
Old school companies, like Amway, only pay their reps around 20% commissions.
Our company pays 30 to 50% commissions, and we can get paid down 10 levels.
This is a huge factor in making $1,000 a day.
You need to get paid on the activity of thousands of people around the clock to make $1k a day.
You need people building their team in Africa while you sleep, and in Europe while you sip your coffee.
Create your online MLM like the stock market, the ticker never sleeps.
To Recap The Three Vital Steps to Making a $1000 a Day in Network Marketing
One – You gotta be open around the clock, on the internet. Your product needs to be available in most countries.
Two – You need to generate massive leads and your company needs a killer autoresponder to email your leads.
Three – In order to make $1k a day, you need to build a large organization who reorders each month. Your team will grow faster if you recruit business builders rather than customers.
Here’s how I recruited over 750+ people into my MLM businesses since 2014.
Thanks for reading!
Erik C Johnson