Monday, October 29, 2007

What kind of Leader are you?

"A true leader develops his/her follower's belief in themselves, rather than their belief in the leader"

What do you think about the above statement? ... is it a fair premise?

Especially in network marketing, it's quite easy to find what I like to call "celebrity leaders". You know, those who really enjoy the spotlight. In most cases, they're very effective at what they do best ... usually recruiting tons of people. But how effective are they as leaders?

Is it possible to develop a true "walk-away" income by convincing people who join my group how great I am?

... or might it be more effective to work harder on trying to educate them about how great They are (even if they don't know it yet)?

Just thinking out loud. What's your opinion?

Todd
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Sunday, October 28, 2007

If youre not having FuN, youre not doing it right

The title of this post ... that's MY motto!

Don't get me wrong. Earning extra income with a part-time home business definitely involves work. But I don't think any of us started our business with the intention of adding MORE stress and worry to our lives.

And the great thing about being a part-time networker ... having FuN is easy ... my "job" is essentially to discover places and activities where I can meet interesting new people.

Who can't have fun doing that?

Talk to you again soon ... happy Sunday :-)

Todd
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Thursday, October 25, 2007

My Son the Entrepreneur

IMG_3853S My son Justin will be 15 years old in a little over a month. lol, sometimes I wonder how I am even surviving the teen years. The other day in the car, on the way to the skateboard park, we were talking about what he wants to do when he gets older. Like any teenager, his ultimate dream is to be a professional athlete ... in this case, the next Tony Hawk. The difference between now, and the last time we had this conversation (before I went to Iraq), is that today, he's also talking about a back-up plan ...


Apparently a guy came to their class on "career day", and told them that the best way to get rich is to own your own company. Fortunately, it appears as though that was a day that Justin was paying attention.


For the past few days, we've had several more conversations about the type of company he wants to own (skateboards, clothes, shoes, etc), and some of the steps he should take to go about achieving his goal. At his request, I just got on the Richdad website and ordered him a couple of books ... "Rich Dad Poor Dad for Teens", "Rich Dad's Rich Kid, Smart Kid: Giving Your Children a Financial Headstart", and "Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them"


He's anxious to start reading them (after he finishes To Kill a Mockingbird for school of course). And I'm anxious to continue our conversations. I'm not sure exactly what I did right (if anything) to help bring about my son's attitude ... but I sure am thankful for it.

Keep havin FuN!

Todd

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Wednesday, October 24, 2007

Why leveraged income is the best kind

I read a lot of "make money online" blogs. I appreciate them all, as I have learned quite a bit about how to blog. But, when it comes to making money I almost feel a little sorry for some of them ...

Even "successful" bloggers who have hundreds or even thousands subscribers seem to be very proud of earning a couple hundred dollars from adsense.

Personally I just can't get my mind around the concept of getting paid only once to advertise somebody else's product???

One of my favorite things about network marketing is that even at times when I can't put in a lot of hours working my business (like most of this year, while I was in Iraq), I still have a couple hundred people who Are working to build a business ... and at the same time contributing to my own bottom line.

Essentially, I'm still getting paid now for work I did about 4 years ago.

... almost an ideal situation for a "part-time" networker.

If the only way I earned money was through advertising somebody else's programs, when the traffic to my blog/webpage stopped, my income would also stop.

What about you ... what are some of your favorite ways to earn money online?

Todd
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Monday, October 22, 2007

What do you do for a living?

"So, what do you do for a living?"

For many part-time network marketers, this can sometimes be a tough to answer question.

The natural instinct and desire is to immediately launch into the "elevator speech" that your sponsor told you to rehearse.

But ...

What if (like most network marketers), you're NOT yet earning a full-time income from your business?

Isn't it a bit disingenuous to ignore your full-time job or career, and Only talk about your network marketing opportunity? Do think it's possible that people who may potentially be interested in getting to know, like and trust you might tend to notice that you're not being completely honest with them? Think this might have an effect on whether or not they'll even be interested in hearing more about your business?

You bet it will.

So, what do we say instead? How do we let people know that our network marketing business IS a part of what we do for a living ... without sounding like we're trying to find an excuse to bring it up?

First, start with Honesty.

It's so much easier to sound "natural", when all you're doing is telling the truth, the whole truth, and nothing but the truth. Don't be afraid to tell people what you currently do for a living. There is no shame in having a job. Almost everyone you're talking to will be in the same situation.

Next, use this key transitional phrase: "and I also Earn Extra Income by ..."

This is where that "elevator speech" you've been practicing will come in handy. Include a short, simple, benefit laden, curiosity piquing phrase about your product, service or opportunity. (Tom 'Big Al' Schreiter's www.fortunenow.com website is great place to get ideas for this)

Then, tie it all together. Here's mine ...

Q: "What do you do for a living?"

A: "Well, I've been a weather forecaster in the Air Force for 17 1/2 years. It's been pretty cool, I've had the opportunity to live all over the world, and I get to do something different almost every day. I also earn some Extra Cash on the Side introducing to people to a great new clean burning candle. It's come in real handy, having part-time business that I can easily pick up and take with me whenever Uncle Sam decides it's time for me to find a new home."

Obviously, you'll tailor this to your own circumstance and experiences. But, it really shouldn't take you more than 15 or 20 minutes to come up with something good marketing ideas.

I hope you find this helpful,
Todd
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Friday, October 12, 2007

Leadership in network marketing

A couple of weeks ago I made a post about Mark Yarnell. Well, tonight he was on my company's weekly training call talking to us about leadership.

Here are some of the notes I took ...

"A Leader is someone who consistently demonstrates what's possible"

  • Great Leaders are path finders

  • They make sacrifices, and take calculated risks


They understand ...

  • You can't motivate anyone

    • provide guidance, then get out of people's way



  • Leaders are not created, people with leadership potential are found

  • "Illusions of relevance" - losers are more concerned about what other people think of them, than they are about becoming successful

    • you can't manage other people's impressions




Leaders ...

  • Oversee their organization, but don't supervise

    • they are available, but don't pursue



  • Are pace setters, but not rulers

  • Are innovative, not analytical

  • Are pioneers, not settlers

  • Are creators, not critics

    • blaze the trail




The shift to Leadership is very minor and easy

  • slight changes can produce major results


A few more traits that leaders share ...

  • They don't control, they trust

  • Leaders are peaceful

  • They attract, not repel

  • They are excited

  • Demand authenticity ... no spin

  • Fearful, but never phobic ... verify

  • Self deprecating - never boastful

    • real leaders don't have to tell you how great they are ... actions speak



  • They'd rather be active millionaires than passive billionaires


This call was perfect timing for me. I'm just getting settled back in at home, and I'm ready to jump into my business with both feet again. I was actually just on Mark's website Holy Grail of Network Marketing and I'm ready to order the first volume in the training series.

See you at the top,
Todd
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Tuesday, October 9, 2007

Jordan’s birthday

One of the great things about being a part-time networker is having the time and money to due fun things with my family. A great example was just a couple of days ago. The day after I got back from Iraq, we had a big birthday party for my daughter Jordan and my step-son Johnathan. My wife rented a huge waterslide, and we invited 20 kids for fun and pizza. Here are a few pictures ...

IMG_3378IMG_3371IMG_3355IMG_3323

So, what are some of the fun things you've been able to do because of the extra income you earn from your part-time business?

Til next time ...
Todd
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