I read a quote the other day about Leverage and it goes like this:
You’re working too hard.
The definition of Leverage from www.merriam-webster.com is: The action of a lever or the mechanical advantage gained by it; power, effectiveness; the use of credit to enhance one’s speculative capacity…
Leverage, in your life can give you a tremendous advantage over those who do not have it, don’t use it or even know it exists. Many of us have found our niche in Network Marketing and that is somewhere you can truly leverage yourself into an upper income bracket.
So, how do you do that? In my opinion, you can do that by sponsoring at least five people who really want to work with you to build their business too. There’s no benchmark that says how many people you’ll have to go through to find them but finding those five is key. As you get to know them, it’s essential to TEACH them to also SPONSOR at least five people who really want to work with them like they’re working with you. When you’ve done that… you will have 25 people in your team. That’s Step One.
The Second Step is to TEACH those 25 to also SPONSOR at least five people who really want to work with them in business. This will have your team at a level of 125 business builders. Are you beginning to get the idea?
Step Three is to TEACH the 125 business bulders to teach those 125 to also SPONSOR at least five people who really want to work with them in business. This will have your team at a level of 625 business builders.
When you have reached this level in your business you will have (assuming none of these successful people has quit) 780 people in your network. If they each purchase their normal minimum Product Volume (PV) to qualify for their monthly volume checks (typically 100 PV) then your volume would be… 78,000 PV. And then when you add in the customer sales and the occasional purchases of all the other people all 780 of your team signed up that are NOT Business Builders… you’re probably looking at 80K PV per month.
The scenario I just painted for you may seem like a pipe dream to you. Will it work? Not unless you get started. But, when it does work, you are seeing the power of LEVERAGE.
Keep in mind: You alone typically purchase products from your business that qualify you for YOUR bonus check (minimum of 100 PV) but you are paid on approximately 80K PV. That my friend is LEVERAGE.
The story above is an example of what can happen if you apply Leverage to the principles of Network Marketing in your life. There are NO guarantees that the numbers will work out like shown above. Actually, the numbers cah work out to be MUCH greater or… nothing at all. It all depends on YOU and the person that sponsors you. I wish you the best in your ventures.
David writes from Historic Frederick, Maryland