Automated MLM, Best Network Marketing Companies, Hempworx

How An MLM Can Grow Your CBD Business

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Perhaps you have heard about the benefits of CBD products and you want to create your own CBD business. Maybe you have used CBD products and have seen, first-hand, how they can change the lives of people (or pets) dealing with common problems like pain, anxiety, and sleep.

Or perhaps, even, you have heard some of the hype about the CBD industry’s estimated growth from $600 million to $22 billion by 2022.

You may be asking yourself, “I believe in the value of CBD. But how can I grow a CBD business that is profitable and sustains in the long term?”

One answer to that question is building a multi-level marketing (MLM) business that sells CBD products.

Before the red flags and horror stories of pressuring friends and family take you out, consider that the MLM industry you have been exposed to and the MLM industry that exists today are two separate things. For example, those awkward calls to your brother or your best friend from high school are a thing of the past, thanks to the internet.

Let’s explore the topics of CBD and the MLM industry, and how building your CBD business as an MLM could in fact be the move you are looking for. To do that, we must first look at how an MLM operates in today’s world, its benefits as a business model, and how you can generate passive income with automated tools.

Benefits Of An MLM

As there are multiple types of businesses, running your CBD business through an MLM may be a choice you’d like to consider. Let’s take a look at the benefits of the structure of an MLM.

  • Low start-up cost: Usually, an MLM will have an initial, one-time fee to get started, with a monthly membership fee or promise to re-stock your inventory. The initial fee is normally in the few-hundred-dollar range. In comparison to a brick-and-mortar CBD retail store, which with rent, insurance, technology equipment, advertising, signage, interior decor, and professional services can cost in the tens of thousands of dollars, the initial fee to start an MLM is small.
  • You are your own boss: Simply put, you call the shots. Without the expense of hiring employees looming over your head, you can re-invest your earnings or pay yourself earlier.
  • Opportunity for passive income: Consider Bruno Mars, who writes a song once, then collects royalties every time that song is played from then on. Similarly, with your CBD business as an MLM, you will get paid for work you’ve done in the past. That means instead of trading dollars for hours with a salaried or hourly position, you can continue earning money regardless of if you work today with the concept of passive income. This isn’t to say that getting to this point is easy to do; if it was, everyone would be doing it. However, it is possible. As a network marketer, I have grown my business to the point of generating passive income and helping others achieve their financial and well-being goals.
  • Unlimited income potential: Unlike a salaried or hourly position, with an MLM you are in a compensation plan with no ceiling. With the Top 200 Income Earners in MLM companies all making passive income north of $1,000,000 per year, there is no cap on income potential. Goals like a few thousand dollars per month to pay your bills and provide discretionary income are achievable with hard work and dedication. Nothing worthwhile in life is easy.
  • No education requirements: One barrier that is very real for a lot of people is education. They can’t make more money than they do because they need certifications or a degree. The average four-year degree will cost between $35,000 and $140,000. With an MLM, there are no education requirements.
  • Automate your MLM business: As stated, today’s MLM industry is vastly different than that of traditional ideas of Amway and bugging people you love (or being the one being bugged, for that matter). How? Through automation. By employing methods such as pre-enrollment, sales funnels, and email response systems, you can flip the script. That is, pre-qualified leads will come to you. Gone are the days of nervousness and landlines being land mines.
  • Constant training and development: While running your CBD business as an MLM, there are very often regional and national events where you are trained by the founders and top performers of your company. There is much to be learned from them. Furthermore, large repositories of free training in the form of audio and video exist to empower and enable you to reach your personal goals, financially or otherwise.
  • Tax deductions: If running your CBD business online, consider a few of these common tax deductions you can claim in part on your tax return: wireless internet, your computer, your mobile device, and any travel expenses related to your business.

Benefits Of A CBD Business

In addition to the benefits of an MLM, CBD has a number of benefits in and of itself, which is why the industry is currently in the stage of growth that it’s in. Let’s have a look at the benefits of CBD products and the sorts of issues they help to address.

  • Anxiety: CBD can calm the mind and body. Oftentimes, people can suffer from anxiety, such as obsessive thinking, fear in public, on airplanes, in vehicles, speaking in front of others, or even reliving traumatic experiences. CBD has been known to slow down the mind and relieve the effects of anxiety.
  • Sleep: The relaxing effect of CBD can help people sleep. With roughly 60 million people in the U.S. suffering from sleep-related health issues, the market for helping people getting sufficient shut-eye is large. Your impact is tangible, especially given how coveted sleep is for human beings.
  • Chronic pain: Similarly, around 50 million people in the U.S. suffer from chronic pain, with 40% of them having high-impact chronic pain, which severely impacts life and work activities. Users of CBD often report relief from pain.
  • For athletes: Whether it’s pain, the frequency of travel, or the nerves of performing at a high level, athletes can use CBD for a variety of reasons.
  • For pets: Just like their human counterparts, pets can get nervous. Personalities, types of breeds, and past experiences can play a role in the quality of life of pets, and CBD can help in this regard.

 

How Growing Your CBD Business As An MLM Is Smart

Now that we have covered the benefits of the MLM industry and CBD products, we can finally delve into the reasons why combining the two may be a smart idea.

  • CBD is on-trend: When the wave of momentum is strongest, the buzz of a community is too. As such, since MLM is about teams, mentors, and learning from one another, CBD and its current state of hype makes it a viable option for using an MLM to start your business.
  • Done for you: There are already plug-and-play CBD MLM’s such as Hempworx that have invested hundreds of thousands of dollars into products, shipment, websites, and research. With features like auto-ship and warehouses of inventory, all you need to do is plug in and leverage what’s already been done.
  • CBD is a recurring expense: Since your CBD business is centered around generating revenue, the fact that users of CBD must replenish their supplies plays into your favor. This means that customers with whom you grow your reputation and trust will become repeat buyers with you. This is a cornerstone in any solid and long-lasting business.
  • CBD has a wide audience range: Given the range of problems that CBD can help solve, such as sleep, pain, and anxiety, the number of people you can help means that the number of people who can join your business or buy from your MLM store is equally as large.

As such, we covered the benefits of MLM’s, CBD, and why running your CBD business as an MLM may be a smart move. CBD is here to stay, and the results of the products speak for themselves.

What’s more, the MLM industry has evolved into a business model that can leverage the beauty of the internet and automation to grow your revenue without having to annoy relatives and friends. I’ve used this process, as an introvert myself, to generate passive income for myself and for others, and now it’s my full-time job.

If this is something you may be interested in, feel free to take a tour of Hempworx. Also, consider continuing your research into this topic of your CBD business. Knowledge is power.

Thanks for reading!

Mark Balderrama

MARK

 

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Automated MLM, MLM and Network Marketing Training

Why Generating Content Makes Sense in Network Marketing and MLM

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In this article I am going to share with you what content is and why you should use it to generate a larger team. Have you ever been told that the key to building a network marketing business is duplication? I am sure you have and yet you may have wondered how do you get that to happen. Is it something that you can direct? Are you duplicating anyone? Should any of your team duplicate you? Do you really want them to?

All really good questions that should get you thinking more about duplication. Typically, in network marketing it means that you are not the only person who is working your business. Since other are a part of your team, they are working their businesses and you can earn a percentage from the volume they generate. We used to explain it with the quote from J. Paul Getty. He said “I would rather earn 1% of 100 men’s efforts than 100% of my own effort.” Clearly this is one of the ways he got rich. It is also how franchises work. The corporate office gets a percentage of what your individual franchise location generates. Combined it is more than any single location. This is best illustrated by McDonald’s Corp.

What is Content?

It is the creation of information for the purpose of attracting, educating, motivating and in our case leading people to learn more about your products and/or business opportunity. I use many forms of content. Examples of content is this website of articles as well as YouTube videos. The creation of videos, articles, e books and other media can be one of the best forms of duplication for you. You don’t have to be the one to create it and, in many cases, you should have a combination of content that is curated by you from others content, and some that is created by you.

Think of it this way. If you have to grow your business only using the person to person contacting methods it will be a very time-consuming process and you may be limited by your time availability, location, and comfort level etc. That being said I do believe you may be able to improve your sponsorship rate because you can talk with the person and answer objections. That is what typical network marketers are trained to do.

Most people are not able to get comfortable doing the steps above on a consistent basis and thus never reach the levels of success they wanted. From my personal view point I don’t like being on the hunt for prospects everywhere I go. It seems hard to have the correct posture if you are always having to approach people and ask about their interest levels in looking at a business idea to earn extra income. Most people today are not comfortable being prospected by a stranger. Unfortunately, our society has so many scam artists that everyone is on guard, so I find this very ineffective and obsolete.

How content can duplicate your efforts?

Instead I focus on creating content that allows people who are on the internet already searching for the type of products I offer and the type of business opportunity I have. The duplication factor of this content creation comes in when you realize that a video, article or e-book can continue to be found by people for years after you create it. It is like an electronic person working 24 hours, 7 days a week, 365 days per year for you. That is how you can create an ongoing lead generating effort for your business.

IN this business of residual incomes this is a residual lead generator. It’s ideal because you have no fear to overcome. It does the talking for you and keeps on going.

There are new people every day who start the search for a product to solve their problem or an income opportunity to help them financially. I create and use content to build my own network marketing team and teach others how to duplicate this pattern, over and over.

For years this content will continue to work on your behalf leading people to what you have. Now that’s the kind of duplication I want and so do you.

If you are looking for an opportunity where you can use this technique to grow your network marketing team check out the FREE tour of my company HERE! There is no obligation to enroll or buy anything. I let you try my system for yourself. Fill out the brief form

CBD is the Hottest MLM Right Now! Click for a Free Tour!

 

Thanks for Reading!

Mark Balderrama

Online Entrepreneur

MARK

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Automated MLM, MLM and Network Marketing Training, Network Marketing For Engineers

How I Use Automated Sales Funnels to Build Network Marketing Teams

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I have been involved in network marketing for a number of years now. I built a large team in the Amway business back in the early 1990’s. I was in the group under Dexter Yager, Don Wilson and Randy Haugen, clearly three of the most successful network marketers ever. Eventually this team broke apart and I left the business and applied what I had learned to conventional businesses.

A few years ago I started looking for another network marketing opportunity but I knew there had to be a better way to build them. The old school ways of making cold contacts and meeting people in restaurants and coffee shops just doesn’t work as well today. People are way too busy. They are very leery of meeting with a stranger and who really has the time for no shows anymore.

What’s worse is then you are taught that you need to teach others on your team how to cold contact people and let’s be honest that’s usually where most people quit sharing the products and the business opportunity. If the business is built on duplication but no one wants to duplicate the old methods what do you do? I knew I did not want to do that again. Sure those person to person methods work but there are far fewer people willing to actually do that. In the old days we called those people leaders.

Face2Face+Networking

Here is what we used to do.

  1. Cold contact people in person or on the phone
  2. Ask if they are interested in other ways of making money
  3. Show them the “plan”
  4. Follow up with them
  5. Answer questions and sign them up
  6. If they don’t sign up right away continue to chase them until they disappear or get involved to shut you up and then do nothing in the business.

Kind of kidding about that last step but not really. Sure it can work but then if they do get in they say to themselves eventually; “do I have to do what my sponsor did to get me in”? You say “of course, and I will teach you” and there gone.

Most people have a fear of speaking in front of groups of people they don’t know. They fear it more than death according to some surveys. And to build this business after the friends and family have joined or laughed; or some of both they quit.

I could not see doing that again. Trying to convince people they can do it is exhausting and not fun for any of us. There had to be a better way! After searching and reviewing how the fastest growing network marketing companies were doing things. They all had a few things in common.

landing page

  • Personalized Websites and landing pages(example above) for each distributor- These are used to introduce people to the products and the business.
  • Lead generating techniques- You have your cold contact leads coming to you not the other way around. They get your information and can tour the products, business and compensation plan
  • Automated email responder systems- The company emails all leads for you with pre-written emails message providing information and encouragement. This does the follow up for you.
  • Automated sales funnels with a “fear of loss” approach
  • Have a pre enrollment function-This allows people to be placed on your team in a temporary spot with people being placed under them right away. This shows them that the business is being built and gives them something to lose if they don’t upgrade and lock in their spot.
  • Cellphone apps that can be used to build your business-access to videos for promotion and training, back office details and even business enrollment functions
  • Ability to build and online, offline or both
  • Are a binary structure- Amway and others were using a 6-4-2 model that was not easily sustainable for most people who build this type of business part time. How could you build 6 legs?

Some of the benefits are clear. Can you imagine having a business where your leads find you and want to learn what you are doing and how they can join?

This is the perfect way for introverts (like me), and time strapped busy people to still build an additional income in their spare time. I literally spend 1 hour per day and have been able to build a sizeable business. So can you!

After searching around I found companies that had all or some of these things and many still had none! Many companies are still having their people use the old methods and are run by people who are corporate business men not network marketers  who really understand how to build a large organization of business owners and entrepreneurs.

That’s exactly what I have been doing. I equate this building approach to online dating in this article HERE. I teach people how to get their business opportunity found by 1000’s of interested people looking for a way to start their own business. I can teach you too!

If you are looking for my #1 recommendation on Network Marketing Companies that have all of these benefits in place. Take the FREE TOUR HERE NOW!

Thanks for Reading!

Mark Balderrama

Online Entrepreneur

MARK

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