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Debt safe marketing
Debt safe marketing
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Introduction
The guide is designed for network marketers looking to improve their cash flow and reduce costs while building their business. It emphasizes the importance of cash flow and provides strategies to achieve financial stability.
A Business Just Like Any Other
- Purpose of Business: To make a profit.
- Survival: Focus on cash flow to survive the initial 6 months to 2 years.
- Mindset: Treat it as your business, invest wisely, and manage cash flow.
The Mindset of a Business Builder
- Time Investment: Building a successful business takes time.
- Personal Responsibility: Success depends on your effort.
- Invest in Tools: Use tools that generate revenue.
- Avoid Personal Spending: Use other people’s money if possible.
- Focus on Local Market: Build a local market before expanding.
- Solve Problems: Focus on solving others' problems rather than just recruiting.
Typical Cash Flow
- Expenses: Common expenses include joining fees, auto-ship, petrol, training materials, meetings, phone bills, leads, and miscellaneous costs.
- Minimizing Overheads: Strategies to reduce initial investment and ongoing costs.
What is Your Profit Margin?
- Compensation Plan: Understand your company’s payout structure.
- First Two Levels: Focus on the payout for recruiting and the first level of recruits.
- Recruitment Costs: Consider the cost of recruiting new members.
- Affordability: Ensure you can afford the auto-ship and other investments.
Downline: An Asset or a Liability?
- Investment in Downlines: You need to invest time and money in your downlines.
- Selective Recruitment: Choose who you spend time with wisely.
- Efficient Use of Time: Focus on high-potential recruits.
Eliminating the Burden
- Joining Fee and Auto-ship: Liquidate products to generate cash flow.
- Training Materials: Use free or low-cost resources.
- Phone Bills: Use cost-effective phone plans and online tools.
- Petrol: Qualify leads to reduce unnecessary travel.
- Leads: Use free or low-cost methods to generate leads.
Front-End: Consistent Stream of Income
- Multiple Income Streams: Develop multiple sources of income.
- Customer Focus: Build a customer base by focusing on solving their problems.
- Barter Trade: Exchange products with other networkers.
- Affiliate Programs: Participate in low-cost or free affiliate programs.
- Free Information: Share free information to build rapport and generate leads.
Developing Your Own Turn-Key System
- Team Focus: Create a system that your entire team can follow.
- Local Training: Hold local training sessions.
- Cash Flow Education: Educate your team on cash flow management.
- Online Systems: Use online systems to generate leads.
- Buddy System: Minimize prospecting costs by working together.
- Cost-Saving Ideas: Brainstorm ways to save cost
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