A lot of people ask me about network marketing retention and the truth is, there is a major problem with it.
Read on to get my thoughts and advice for you to really understand retention and growing your team and income.
{Almost Sold Out} The Prospecting and Recruiting Summit
Our biggest event of the year is September 16-18th and we are calling it the Prospecting and Recruiting Summit. This event will share with you how to better prospect and recruit more people into your network marketing team using social media as well as all other forms of prospecting and recruiting. We have not announced the full details of the speakers just yet but they already include recruiting machines such as Brian Carruthers, Cedrick Harris, Amani Zein, Jessica Higdon, John Melton, Diane Hochman and more. It is being held at the Sanibel Harbor Resort in Ft Myers, Florida. We start at 9am on Friday and end at 4pm on Sunday. Hope to see you there! To grab your tickets, CLICK HERE
The Network Marketing Retention Challenge
Retention in network marketing is one of our most asked about topics.
How do you better retain more people in your team?
The problem I have with this question is really the word “retain”.
Yesterday on my Free Coaching Friday I talked about this but wanted to make sure you got a chance to hear me out in case you didn’t catch it live.
Think about that word “Retention”.
If you are an employer, are you looking to “retain” your employees OR are you looking to fire them up and get them more productive and happy and grateful to be working for you?
If you are married, are you looking to “retain” your husband or wife OR are you looking to have them worship the ground you walk on and feel like the most treasured and loved king or queen?
You see, I am not interested in retaining my wife, I am interested in making her feel like the most special woman on the planet that is loved, adored, respected, heard and excited to be with me.
What if you thought THAT way about your network marketing team vs. just trying to hold onto them or retain them?
Three Steps to a More Fired up Team
- Do no harm. I would suggest against pushing people that don’t want to be pushed or projecting your big goals on those that may not have those same goals. The truth is every single leader in network marketing has the majority of their team that are happy as can be but AREN’T big builders. IF that leader starting pushing them hard to prospect more people they would quit as they don’t want to let that leader down and disappoint them.
- Be the example. Stop studying Braveheart or Miracle speeches and instead BE an example of what you wish your teammates were doing. Be the biggest prospector, show up to all the events, invest in yourself and teach them what you are learning.
- Praise and recognize them often, AND, in between ranks. There are a LOT of people that get discouraged in between ranks. Recognize those that are doing the work and keep them excited and honored between ranks. Praise them for showing up to events, for prospecting, for creating their vision board, etc. Know that teammates aren’t usually loyal to products but they definitely are loyal to culture and community. Have a community of upliftment and watch your people shine!
Here are some more resources to help you with your Network Marketing Team
Suggestions on Growing your MLM Team
10 NEW Network Marketing Tips for Team Building
Our Best tips on Growing a Local Team
Was this helpful? Did it help you think differently about retention and growing your team? Hope so! Feel free to share with your leaders and teammates, this may even help your upline so share away!
Did This Help You? If so, I would greatly appreciate it if you commented below and shared on Facebook
Ray Higdon’s Network Marketing Blog
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PS: If you haven’t recruited anyone, or fewer than 10 people, This Course will Help (and is on Sale)
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