A few years ago I had the opportunity to interview the “Grandfather of Network Marketing”, Don Failla and his wife, Nancy. They have over 800,000 people in their downline and growing!!!
How did they do it? They told me how in this interview:
Don and Nancy spoke for the MLM Millionaire Club on a video chat: “A Better Understanding of Network Marketing & the Fastest Way to Build a Business”: And what 80% of people in Network Marketing don’t understand. (Get the video interview free and instantly below.)
MLM Legend, Don Failla, started his network marketing career in 1967. He developed a proven system for building a large organization by paying attention to what worked as he built. Today, Don and his wife Nancy travel worldwide teaching their proven system as international lifestyle trainers.
Don has authored and sold over 6 MILLION copies of his books! He says that 100% OF THE PEOPLE NOT IN Network marking do not understand it, and 80%-90% of people in Network Marketing don’t understand it, even founders of companies!
Here are some tips I got from watching Don and Nancy. I think you’ll like ’em!
* It takes $3-6 million dollars in the bank to generate $10,000 a month interest; and $1-3 million to generate $5,000 a month. In network marketing, within 3 years you can make $5,000 a month. That’s like having $1-3 million in the bank!
* You sponsor 3, they sponsor 3, etc. Do the math to figure what adding just ONE MORE means, 5 levels deep…
* Never think your team sells for YOU. YOU work for THEM!
* Go deep, not wide. Lay a good foundation for your business.
* Spend your time 100% with the new person, vs. run out and sign up more. Train them how to talk and duplicate.
* Spend the most time with your golden distributors, some with your silver, and none with the empty ones.
* Always use 3rd party: “Do you know of someone interested?” It reduces rejection.
* The more people who gather about your business, the more sizzle, the greater the fire.
* Water boils at 212 degrees. Each person your downline sponsors adds degrees. At some point, they get so excited they can literally talk to anyone!
* An MLM Pyramid is inverted: There’s plenty of room at the top for everyone!
I highly recommend Don’s basic MLM primer: The 45 Second Presentation It’s full of real meat!
Don and Nancy spoke for the MLM Millionaire Club on a Google Plus Hangout on Air live video chat: “A Better Understanding of Network Marketing & the Fastest Way to Build a Business”
<<< To get YOUR FREE recording of this interview, just order it below: >>>
By the way, this is part of the cool things we do in the MLM Millionaire Club.