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Magnetic Sponsoring – How Mike Dillard Went From Waiting Tables to Earning 7 Figures In One Year

July 13, 2011 | Author: | Posted in Others

Im sure many of you have heard about Mike Dillards Magnetic Sponsoring program, and many of you have probably heard about Mike Dillard. Mike Dillard is one of the network marketing industries top earners, and has gone from waiting tables, to making a 7 figure income in the time span of a little more than a year.

What the majority of network marketers are taught today, is to think of and write down 100 names of their warm market, and try to convince them to join into their primary business opportunity. This kind of marketing is extremely outdated, and nowadays very ineffective. Don’t call up a broke family member and ask them if they want in on your MLM business, because chances are they’re going to say no and slam the phone down on you.

The truth of the matter is that 99% of network marketers don’t make a full time income with their network marketing business, and 95% of them barely make $10 dollars in a single week. So why is it that we don’t do what that 1% of the remaining network marketers are doing? Why are we settling for less when we can achieve more? This is where Magnetic Sponsoring comes in.

I will gaurantee you that the 1% of network marketers that are getting it right all have one thing in common, they are ALL leaders! If there is one thing that you get out of this article, and you get nothing else, please understand that being a leader is crucial. In order to sponsor anyone into your primary business, you must establish yourself as a “Alpha” in the network marketing arena. Alphas dont chase down people to try and convince them to join their business, Alphas are not followers, and if you look at any of the top earners in your MLM, I can guarantee you they are Alphas.

The source of attracting people to you is Leadership, period. People don’t usually understand that attraction itself is not a choice, it’s a primal instinct, people who aren’t leaders search out leaders, in hopes that some of their knowledge and expertise will rub off on them. Haven’t you ever thought about why celebrities constantly have “groupies” or people drawn to them? It’s because they’re leaders, those people flock to celebrities in order to gain a higher “social status”, or they want to be “cooler” and more “popular”. There are many different kinds of leaders, and many different ways you can show leaderships, this is all explained in the Magnetic Sponsoring system.

Magnetic Sponsoring – Some Characteristic of a True Leader

Now Mike Dillard goes into great detail on what trait’s a true leader must have in his Magnetic Sponsoring system, he talks about how leaders are doers, how they express confidence in everything they do, how they have ethics, and how they have respect for themselves.

It doesn’t matter what product you sell, or what company you’re involved with, people just don’t care about any of that. If you don’t have any value to your customers, people will not follow you, and by value I mean knowledge, your education is the key to your success.

A real life leader would be a guy who gets the hottest girls with the least amount of effort, or someone with the nicest clothes, or a nice car. Leaders speak with power, they make people listen and understand what they’re saying, I could keep going on the topic as explained in Magnetic Sponsoring, but it’s better if you see it for yourself.

Magnetic Sponsoring – How to Become a True Professional

One thing a you must do in order to be a professional in network marketing, is to take your emotions out of the equation completely. What I mean by this is that people do things for two simple reasons, they either get pleasure out of doing something, or they are trying to avoid pain by doing something. Example, if you have a list of leads that you need to call, and you spend a hour just looking at the list and you don’t call anyone, you’re probably scared about hearing those leads say no to your opportunity. Once you do finally make that first call, and the first person says no, guess what, you’re still alive, and you’ve done a wonderful job of wasting an hour of your time. Failure is just a perceived difficulty, or in other words its not real, therefore you must be able to through your emotions out the window if you want to be professional. The fact of the matter is, most of your leads, I think its 98% of them, are not going to join your primary business, so you must be able to handle rejection, its also very important to know how to make commissions from those 98% that don’t join your primary business, Magnetic Sponsoring will show you how to do just that.

Magnetic Sponsoring – Number One Reason For Failure

Mike Dillard does a fantastic job of explaining why the greater part of network marketers fail, a big reason is that most people simply don’t know how to market. It’s funny, most of the people who get involved with MLM haven’t got a clue on how to market whatsoever!! This obviously will lead to a lot of wasted money, and a lot of frustration. Mike explains in his system that if you acquire the necessary skills that you need to affectively market, then you’ll never have to use any of the “Old School” and quite frankly annoying marketing techniques.

Magnetic Sponsoring – Finding Your Target Market

Mike made it very clear in his Magnetic Sponsoring system that finding your target market is key to your success. And generally a network marketers target market, should be other network marketers. You want to sponsor people who already know what they’re doing, which is why network marketers are a good target market.

So how do you get them to join your business opportunity? The first step is giving them value, you must understand your market in order to market to it affectively, you have to understand other network marketers problems, and offer them a solution for it. This is know as “selling yourself”, network marketers nowadays are so focused on selling their primary opportunity, this is a huge problem. This is not the correct way on how to build your business, and it’s definitely not the correct way to build your downline.

Like I said earlier, people could care less about your business opportuinty, or the product you’re selling! Chances are they are already involved with a company, or they aren’t interested in your business, the simple truth of it is you must give value to people first. Find out what they’re problem is and offer them a solution. Mike Dillard goes over all of this in his book.

Mike Dillard goes over a lot more information on various different subjects in his book, having me tell you about it just doesn’t do it justice, seeing it for yourself will help you get a better grasp on the concept of attraction marketing, and it’ll give you a much better understanding on what I’ve told you in this article.

If you want to make 5,000 dollars or more every month in residual income, take the chance to partner up with Mike Dillard and make it happen. People have used this system to generate 7 figure incomes in as little as 60 days, dedication and hard work. If want to learn more about the Magnetic Sponsoring program, CLICK HERE for access to a FREE 7 video training series, trust me, you don’t want to miss out on this one! The choice is yours, if your ready to change the your life, and build your business, pick up Magnetic Sponsoring and lets get started.

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