Wednesday, March 31, 2010

MLM Personal Financial Success

Copyright © Rahimah Sultan

http://www.NewRichReport.com/rahimah


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Having the right skills will get you far in this business. But with the wrong attitude, how long do you think you’ll keep your personal financial success in MLM ? As with anything in life, skill isn’t everything. So it’s not really surprising that in the world of MLM, attitude is the strongest determinant of your personal financial success.

Business structure, compensation plan, product and training systems are all important. But without the right attitude, those things are just unused tools that don’t build any real-time personal finance in MLM. So what kind of attitude should you have?

Be coachable.

A quick way to fail in MLM is assuming that you already know what will and will not work. It’s true that different people have different strengths and some methods work better for some than others. But it’s important that you not forget people have made great profits in MLM.

Check in with your successful upline and get their suggestions on how to make your business work, and then follow through on them. If something doesn’t seem to be working, check with them again. Ask what you could be doing differently, rather than assuming the concept itself is flawed.

Understand your purpose.

While there may well be people who get into MLM , because they genuinely enjoy the challenges of the sales process, most sign up in this business because there is the potential to help then achieve something big in their personal finance and in their lives. It could be to provide for their families, create a financially secure future for themselves, or just to be debt-free. There is something in the original opportunity that inspired them to get involved. Keeping your focus on your “why” or reason for doing MLM is the motivating factor. If you want to get there, you’ll stay focused and do what it takes.

Remain positive.

Staying positive is crucial to achieving MLM success. As with anything, you’ll have ups and downs along the way. Having a good attitude helps you through the tough times.

So, be coachable, know your purpose (your “why” for doing the business) and remain focused and positive for MLM financial success. You may not be able to do anything to change your company’s business structure, compensation plan, product or training systems, but you can always change your attitude. Make a commitment to yourself, learn what you need to change what you can, as MLM personal financial success depends on it.

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