Best Network Marketing Companies, Hempworx, MLM and Network Marketing Training

Is The Hempworx Business Saturated?

How_to_Expand_Your_Business,_Despite_Competition_and_Saturation

Now that more people are finally hearing about CBD and learning that not only does it have some health benefits but that there is a business opportunity that can be had. Some people are wondering if it is saturated already. This is a term i first heard after I joined Amway back in 1989.

When I first saw the Amway opportunity it was all new to me. The company, the products, the network marketing method. All of it! I had never heard anything about it and it had already been around for 50 years.

After I joined and started sharing the business opportunity, I had a few people who saw the duplication process we discussed and said that the business couldn’t work because it would get “saturated”. To them that meant that everyone that wanted to get involved, already had. Funny how most of those that gave that excuse never got in, so how could it get saturated?

 

To give you some perspective about the Hempworx Opportunity becoming saturated, consider this. in 1989 when I joined Amway they had been in business for 50 years. Done about $2 billion in business. The group I was involved in had over 600,000 people in it when I joined. Over the next 10 years we saw thousands of new people join the business. Obviously it wasn’t saturated yet was it? How could it be really? After all every day there are people who are turning 18 years of age who can now get involved in your business.

As of this writing Hempworx has about 60,000 distributors and did $100 million in sales. Even though it is one of the fastest growing network marketing businesses with a CBD product focus we still have a long way to grow to even get close to reaching our full potential.

What you really have to consider is are you going to get involved while Hempworx is in it’s initial stages of growth or when they are doing $2 billion in sales? As you can see from my own experience with Amway it doesn’t really matter when you get involved. You set your own pace and your own growth rate. You can have a large or small part of the multi billion dollar business as it grows.

For Hempworx they are just in their infancy still. As the company and it’s distributors continue to expand the business momentum will be reached where it will seem like everyone is getting involved. That’s when it is going to get really fun and there will be millionaires made at that time.

Does it really matter when you choose to build your own business? If you become a millionaire a few years later than some others, is that still acceptable? For most the answers are No and Yes. To others it may not be okay. That’s what’s great about building this type of business you can go fast or slow. It is all up to you.

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Mark Balderrama

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How To Recruit For Your MLM Business 24 Hours A Day

When I first started in network marketing it was 1989. The Internet and cell phones were not used by many people yet. Those that even had a home computer would be rare as they were very expensive. What was there to do on them anyways? Play games with CGA graphics and keep track of your expenses on Lotus?

Cell phones were big and bulky. We called them “brick” phones. Because they were heavy and about the size of a brick. You had to be fairly wealthy to have one.

I had joined Amway and started to learn about how to build the business from my upline and learned as much as possible from books, tapes and seminars. The only way to build the business was person to person. If you wanted to share the business opportunity you had to call someone on the phone (landline) or go and talk to them in person. Or invite them to a meeting.  All of these methods were initially pretty scary to a lot of people, me included.

 

Eventually we did get the Amway business into a version of what was called “E-Commerce” via Quixtar. This was a better, more computer driven business model. The only thing that really changed though was how you ordered products. Instead of the paper order forms we started with, we entered the orders into the web page via the internet. Man was it slow and glitchy!  We were using dial up internet. If your under 25 years old, you probably don’t know what that is, but the speed was measure in kilobytes (KB) per second. And when it was the best we had 56KB connection speeds. WOW! of course today we have 100MG speeds routinely available over WiFi.

We did not use the internet to generate leads and prospects 24 hours a day because no one was really on the internet yet. Can you imagine a world like that?

Generate Your Leads 24 Hours A Day-7 Days A Week

Today with most people in the world using a smartphone and having access to the internet using one device or another, we can now reach anyone in just about every country. Using social media, blogs, websites, videos and emails we can build our businesses day and night. Asleep or awake. At work or on vacation. There is always someone looking for a better way to make a living or to fulfill their dream by staring and building their own business. Now you can help them find you.

The best thing about using these methods is that the “content” that we create, can be used for years after it’s initially created. It can keep working for you forever basically.

Can you image creating a video on YouTube today, that will be seen 3 or 4 years from now that gives someone a better understanding of what your business opportunity is? They get excited and join your team. Become a successful business builder all because you were able to educate them and help them understand what you are doing. As we create this content today we don’t know how many lives we can touch, but it sure is a lot more effective at reaching out to people from all walks of life than just talking to people you meet during your normal day, right?

Highly Duplicate-able

One of the things you need to grow a big network marketing business is to have anyone on the team be able to do what you did, or are doing. Building using these methods are certainly more suitable for the younger generation that grew up with this technology. My own kids will tell you they don’t use a cellphone to talk to their friends. They just text them. People like myself will have to relearn some things, but it can be done, and I have done it.  The good news is that you can still build using the old ways and learn to adapt to the new ways while you’re building. Earn while you learn.

You can bet that these methods will continue to evolve so you may need to plan on continuing to learn and grow as the market and technology changes. Just stay flexible and take it one step at a time. You can do it.

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Mark Balderrama

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How Has Recruiting Changed Since The Days Of Amway?

Back when I joined Amway in 1989 we were shown how to recruit for the business opportunity much the way you probably were. Talk to your friends and family, then go to your warm market and finally to your cold market. You remember the ever popular cold contacting that we did. No, well I’m not surprised as most people who join a MLM will not contact cold contacts because it is a very uncomfortable thing to do sometimes. I left Amway about 10 years after getting started so I am sure they also have went through a transformation of sorts from the old days.

Lead Generation

Today I use a method of lead generation that creates 10-20 leads each day automatically. This is a big change from the old days when we would go to the shopping mall to meet people, who we would call later to see if they were interested in looking at a business opportunity. Yikes! I even called people out of the telephone book. Harder to do that today as most people don’t even have one of those anymore. And how does anyone have the time?

Today I use a combination of social media, You Tube, advertising and blogging to generate content that draws people in to see what you are doing and that’s a big change! The old Amway ways taught us to deal with the rejection because while cold contacting you were going to get a lot of it. Today you don’t get that rejection because people who are looking for what you have just need to find you. You don’t need to find them.

Online Dating

Only a few years ago people wouldn’t think about meeting their life partner or significant other using an online dating site. Today there are literally millions of people using them. I personally know of two different people who used them and met and married the person they met online. It’s a very common method today and very accepted for busy people, people who are generally shy and would never “cold contact” someone they met in a social situation somewhere.

So today why not meet your next business associate that way. This method that we use is similar to online dating in that you create content to interest people who are looking for a business opportunity and business partners. It works just the same.

I generate leads every day that come and check into my business opportunities. After those that are interested want more details we have a call or two to answer their questions and review the business plans just the same as we would in any traditional business. After they join your team, you work with them the same as before. Help them get started, teach them how to build a business and then teach them, to teach their team members.

Increases The Circle You Can Reach

There is no other way you can reach out to as many people using the old ways. You simply will not meet as many people and its takes along time. That’s not as effective or efficient as using current methods that people use daily to share ideas, comment on products and services and meet and communicate with others online. How can you meet people in other areas, regions and countries? By using online methods to create content and help them find you.

We teach people how to create content and use the online tools and our proven methods to generate leads everyday. If I can learn it so can you. I am willing to teach anyone who wants to learn how to create a full time income in an online business.

Try it . You have nothing to lose and everything to gain!

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Mark Balderrama

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Why Amway And Other MLM Companies Are Not Cults

The thought that some people have about Amway and other MLM companies being cults has always amazed me. There are times when I wished they were, because in cults people blindly do what the cult leaders tell them to do. Our team members all have minds of their own and businesses of their own and they can do what they want to do.

Anyone who has actually been part of building a network marketing team or organization can tell you that almost no one does what they are asked or told to do regarding building their business. Even when they are the ones asking! That right there should convince you it’s not a cult. But let’s examine some of the concerns people have stated that tells them it’s a cult.

#1 The People In MLM Have A Cult Like Attachment To Their Company

I find this one very interesting as most people have an attachment to their employers company but don’t seem to think it’s a cult. In MLM people are supportive of the company and its products because it is supporting their business too. As far as people having a cult like following, you should check into the companies like Facebook, Google, Yahoo or Apple. Their employees are the most involved, passionate, cultist people I have ever seen outside of a real cult. They have their own campuses for their people with living areas, chef run kitchens and lounge spaces to encourage you to be creative and dedicated at all hours of the day. People are driven to be part of these companies.

If the naysayers meant people who are dedicated to what they are doing in a business of their own, then that could be confused with a cult, I guess.

 

#2 The People Are Very Religious

It is true some people in network marketing are religious. Some are not. It is a business that accepts all kinds of people and has no prejudgment for religious affiliation. It seems like some of the people who have been part of a MLM business have been uncomfortable with people having a pledge of allegiance or a prayer before a meeting or  a seminar. I myself don’t think it should be part of the business proceedings and that it can be off putting for some people.

However it is a right that owning your own business brings. It is no different than what the founder of Chik-Fil-A decided to do. Many of the company’s values are influenced by the religious beliefs of its late founder, S. Truett Cathy, a devout Southern Baptist. Most notably, all Chick-fil-A restaurants are closed for business on Sundays, as well as on Thanksgiving and Christmas.

That does not make them a cult does it? Even the Federal government of the USA closes down on these holidays. We all happily enjoy the paid time off for holidays from our employers right? No double standard there right?

#3 The People Are Fanatical

This can be another true observation that some people in MLM are very passionate about their opportunity to build their own business. It shows us that the American Dream which is so alive in immigrants to the USA, can also be stimulated in the people who are already here. It’s too bad so many people have forgotten or never knew that the USA was built on people who had their own businesses not jobs,

Most people were farmers, tradesmen and artisans before the industrial revolution. You know , people like bakers, tailors, blacksmiths, barbers, weavers, apothecaries etc.

These people were also fanatics about what they did. If not; they would not be able to survive.

Owning your own MLM business is like that in a way. The way, that allows you to be excited to build something for you and your family. That brings out the passion and excitement in people that had no other opportunity to start a business of their own with very little money or training. Somehow being excited about your own enterprise is now a cult. I guess they have never seen the people who go on the show Shark Tank or the Profit. They are fanatical about what they are doing. Starting and owning their own business.

I think it just makes some people uncomfortable that they are bored and not excited about their jobs but don’t have the ambition to do something of their own. Sad really.

I think that people just need to give other people their space to do what they want to do. As long as it does not affect you or what you are doing then keep moving on with your life, would you? If you were offered an opportunity to build your own business by a friend or family member then feel lucky that they saw something in you, that maybe you don’t. Possibly they believe in your capability more than you do. Feel fortunate; not put off by the invitation. They had your best interest in mind.

And if you decided not to join them in their “cult” then you proved my point that network marketing companies like Amway and others cannot be a cult, since no one does what we ask or tell them to do in MLM. After all you did not join right?

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Mark Balderrama

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How to Sponsor Engineers in Network Marketing

femaleengineer

Lets face it Engineers are not the most people friendly prospects you would want to work with in your network marketing business. I know first hand, because I am one.

I have only been prospected two times in my life for a network marketing opportunity, and both time I joined. I certainly wasn’t the easiest person to deal with both times.

The first time my soon to be sponsor and I argued for about 2 hours on the follow up phone call. I argued that the Amway business couldn’t work and that no one would do this business. This was in 1989 when Amway only did about $2 billion in business!!! Duh! So of course I knew everything about it, even though I didn’t. Finally my sponsor told me “fine then don’t build it!”

Now that really upset me and I then proceeded to tell him that I would join and show him this wouldn’t work if its the last thing I do. I know; that was really dumb for me to say that too. I eventually did apologize and we did build a successful Amway/Quixtar business. I’m no longer in Amway but the method worked that got me interested and it can work for you too.

All We See Are Problems

I guess once he tried to pull the opportunity away from me, I did not like it and I wouldn’t let him. There’s a lesson to be learned here when dealing with Engineers. We always see a problem that can be solved. Sometimes posing the business opportunity as a potential problem that needs to be solved may help you reach the engineers you know. Tell them you found a business opportunity that you don’t think can work and they will figure it all out for you. In the process they may even join you.

Sharing the Opportunity

Here is my best advice on this topic. Don’t tell the Engineering prospect how great this business is, and how much fun it is. How they will get to meet all kinds of different people, and be recognized for achievements and such.  And never, ever tell them that you have these really cool “functions” or “Seminars & Rallys”. It won’t work because we don’t care about that stuff. (at least outwardly). Additionally we don’t like that many people and we are generally introverts and afraid of public situations. That’s why we became engineers, right? We like computers, and machinery and software.

I remember the first Seminar and Rally I went to very clearly. I am pretty sure I am still traumatized by it actually.  The seminar was great! Lots of information and how to’s. We like that kind of stuff. The problem was in between the two sessions where some of the leaders wanted to get everyone excited and “fired up”.

They started competing in different sections of the room saying “I’m excited how about you?” to see who was louder. I think I was ready to walk out right then. I’m done here!

Engineers like data and scientific studies, testing and reports. We need to know how everything works. So be prepared to be able to explain it all. If you’re not you may find yourself in front of an Engineer who will take one look at your information, then proceed to explain to you how it works. That may be okay actually!

Following Up

My advice here is to be ready to overcome objections and answer more questions. Appeal to their logical side as we make many decisions “logically”. That being said continue to try to get out of your engineer prospect what his/her hobbies and interest are. Try to find out what his/her goals are. This may best be done by asking questions about the latest hot car. Or talking about the coolest airplane or video on this cool electronic gadget that allows you to bend space and time. Those things are of interest to Engineers and will allow you to establish some level of rapport. Find out what they liked best about what they saw. Don’t be surprised if you do not get an answer to that question. But instead they tell you what they did not like. This is typical of most people actually, not just engineers.

Be direct and say “I want to partner with you in this business”. Most Engineers cannot say no to a request for help and they may see this as a way to show you how much they know. We like that kind of thing.

Teaching and Training System

Once you have enrolled your engineer get them involved in the teaching and training system. They love that stuff. The more data and information the better, remember?

This will help them to get the details that they “need” to be able to move forward. I also suggest you get them with your experienced upline when you can so they can get a different perspective as soon as possible. It helps when they meet other like minded people.

Be Patient

Hang in there but don’t wait around for the Engineer to start building. The best thing is to leave them in the dust and asking you for help as you move on without them! Engineers are competitive and like to be right about everything.

They don’t like to lose, more than they like to win. So make them keep up with you.

As always you need to share with everyone, but keep in mind these tips for your technical people prospects. This includes doctors, engineers and scientists.

Keep at it and don’t be afraid to circle back to those who did not get involved right away.

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Mark Balderrama

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The Real Network Marketing Story

 

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Everyone seems to have some idea of what network marketing is and may have even been involved at one time or another in a network marketing company. Many people have heard of Amway, Mary Kay and Herbalife; which are all network marketing businesses.

Some of the people you talk to about your business opportunity or products may believe they know what it’s all about because they had a second cousin, who had a friend who didn’t make any money in network marketing. And of course they think they can’t either.

In my experience most people don’t really understand what we are doing but definitely have some preconceived ideas. To be able to help those people get a better understanding you need to be calm and provide clear answers. Its true many people don’t make any money in network marketing. But that is usually due to them not actually doing the work it requires.

If you don’t want to share what you are doing and you don’t want to promote your products or opportunity then network marketing is probably not for you.

However if you are excited about learning how to build your own business then with some hard work and possibly some additional personal growth you can learn how to be successful. It’s no different that when you first started to work a job. You needed to be trained. Here though you’r training to be your own boss. The CEO of your own business.

The good news is that your in business for yourself but not by yourself!

Look for  a network marketing company with a teaching and training system. In some ways you will be going back to school to learn how to become successful.

To learn more about what Network Marketing is and isn’t check out this great article from the Huffington Post.

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Mark Balderrama

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Amway made a lot of millionaires now there’s something new

I joined Amway in 1989. A high school friend of mine called me and asked me a simple question. “Was I interested in making an extra $2000 per month?” who would say no to that question, right?  I was about to get married and had a lot of expenses and was struggling to move up in my career as a R & D Engineer. I was invited to see the “plan” at his home. Later during the “follow up” I spent about an hour arguing with my friend that it could not work. Eventually he said “fine then don’t join”.

That really made me mad; him telling me I shouldn’t do something I want to do. Wait a minute here, now I want to do this? I remember telling him I’m going to do this just to show you it can’t work. Really dumb statement, I know.

I started to learn about how to build the network marketing business by sharing with my friends and family. Some of them actually joined us and we had a great time together. Then I moved on to the warm contacts. These were people that I worked with and knew from the past but did not have a current close relationship with. Then last but not least the dreaded “cold contacts”. We wrote a script and would call people we met during visits to shops and to the mall, looking at cars, whatever & whenever. Clearly this was the largest group of people and in fact many of the leaders in the group came from cold contacting.

We were following the examples and teachings of the leaders that were in my upline. Don Wilson and Randy Haugen. These people had reached a level of success we all wanted. They were millionaires many times over. They taught us how to do what they did and to build good size teams. It worked too! These leaders became very successful in Amway and we reached some levels of success as well.

Around 2001 Amway they created Quixtar. It was intended to be an online business concept where all customers could order online. You could enroll online and you had  a back office and all. This was going to revolutionize the business and I think the idea was a good one. Just a bit premature. Especially since we all only had “dial up” internet access. It was very slow and many people did not have access. We left Quixtar in 2003 and in 2007, Amway got rid of the name and went back to the name Amway Global.

What’s New Today?

A couple of years ago I started looking for the best network marketing companies today, and there are several.  I wanted to get back involved in this form of business because I had been involved in running conventional businesses over the last 20 years and really missed the focus on working as a team, helping other people, building something of your own and having unlimited earning potential. Plus there is no other business that allows you to duplicate your time as easily.

Now with virtually everyone having access to high speed internet service, cellphones in everyone’s hand, and constant social media viewing the network marketing business needs to change as well. There are still people trying to build the “old” way with face to face marketing and there is nothing wrong with it, if it works for you. What I have found is that people are moving at a faster pace than ever. It’s hard to get their attention and keep it, long enough to share the opportunity with them.

I felt that the network marketing building methods had to change somehow to take advantage of the current culture of being online and accessing social media almost continually.  Today we don’t call it “cold contacting” we call it “lead generation” and the whole process is flipped upside down from what we used to do.

In the old days we would ask a cold contact “if they have considered other business ideas” or “have you thought about owning your own business?”, or something similar. Sometimes we would hand out business cards or collect them. I even taught people in my group how to call people out of the phone book. I cannot believe that we used to do that. Wow! It worked but it was not for the faint of heart. Most people were deathly afraid of talking about a business opportunity to someone they don’t know face to face. Or even over the telephone. It was very hard to help people who said they don’t know anyone else, other than their broke brother in-law and their best friend who just got out of jail and really needs the business.

Frequently we would waste our time talking to someone who was not interested in doing something else other than working their job. They did not have a dream or goal to own their own business. Some just were not thinking of the future, just wanting to get by paycheck by paycheck.

Today we don’t need to ask people who are not looking. Today we make sure people who are looking can find us. By using social media, videos, websites and blogs we can draw in people who are searching just the way I was a few years ago. We have automated marketing systems and we can reach out to a much larger audience of “pre-qualified” people. I call them that because they are already clearly looking and they may be open to what your business opportunity is all about.

Once they locate you and join your team you just teach them the methods you use and so on. Now I am simplifying it a bit because we use some special tools and methods that only people who join our team get to use. However the principle is still the same.

Times continue to change so I plan to adapt to them in my network marketing business and continually improve. This is what will provide sustainability for years to come.

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Mark Balderrama

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