Does The Magnetic Sponsoring System Help Build Network Marketing Opportunities?
October 18, 2008 11:36 PM
The Magnetic Sponsoring system by Mike Dillard boasts a membership of tens of thousands of network marketing distributors. However, there are a number of people criticizing the system.
Critics claim that the Magnetic Sponsoring system is useless for the purposes of building your primary network marketing opportunity. There are a number of reasons why critics don't like the system.
One complaint is the belief that network marketing distributors are not looking for business opportunities because they are already in a business opportunity. As such, it is a complete waste of time to market to them because they will never join your company.
However, if you survey the average distributor in network marketing, you will find that many distributors have been in more than one network marketing company. Some distributors even work and build multiple opportunities at one time.
Magnetic Sponsoring Business Building Tool or Promoter of Mike Dillard?
Another major complaint with the system is that the system doesn't brand you at all. The system brands Mike Dillard.
In other words, it is Mike Dillard that they are going to want to work with, not you, the average distributor that promotes the system.
But there are a number of ways you can build a relationship with your own prospects generated through the Magnetic Sponsoring system.
First, there is an option to download your database of prospects into a spreadsheet. With this information you can upload these prospects into your own autoresponder where you can build a relationship with them yourself.
Alternatively, you can simply send an email offering them something of value so they can opt in to your autoresponder where you can build that relationship through email just like Mike Dillard does.
Another way you can build relationships with these prospects as effectively as Mike Dillard is to pick up the phone and call them.
Many people just want to sit behind the computer and let their web sites and emails automatically recruit people for them. While this can happen, you stand a much better chance, especially when you are first getting started by calling people.
So don't look at Magnetic Sponsoring as a tool to promote Mike Dillard. It's a tool to promote you.
Magnetic Sponsoring Attitude Comes Before the Paycheck
Here's what most people miss who criticize the Magnetic Sponsoring system as irrelevant for network marketing distributors...
The attitude comes before the paycheck.
One of the most important concepts the book teaches is about building a magnetic personality that attracts people to you. It doesn't matter whether you use Mike Dillard's system or not. If you don't have this personality you will never be a big business builder.
If you actually take the time to READ Magnetic Sponsoring instead of just looking to use the system to make money, you will see what I'm talking about here.
The book teaches you about the attitude that a Magnetic Sponsor has. This attitude is REQUIRED if you plan on building a large down line.
You can have the perfect system for recruiting and attracting prospects. However, if you are missing the attitude and confidence, you will NEVER build a large network marketing organization.
A Review of Mike Dillard's Magnetic Sponsoring
by Kevin Thomas
Having been a business owner for quite some time, I found Mike Dillard's Magnetic Sponsoring to be a refreshing analysis of the mentality that it takes to be an entrepreneur. He breaks down the historical psychological traits that have been ingrained in us from thousands of years of human existence and how to use these traits to unconsciously help you to become an effective network marketer.
How to become an Alpha Networker
 In life there are Alphas, Pre-Alphas and Betas. Which category you fall into is solely dependant on your mentality and what stage you are in your life.
You'll know an Alpha leader when you meet one. They're confident in their abilities, they display a calm cool persona and they take responsibility for all their actions. There really is no secret to becoming an Alpha. The more valuable you are in other people's eyes; the more of a leader you become. Thereby you establish yourself as an Alpha that people will follow.
Network Marketing Education and Training
I've always been a firm believer in education and training. You have to have it in order to stay ahead of the competition.
Mike Dillard makes an important point in Magnetic Sponsoring that you should never be afraid to learn something new about the industry of network marketing. Again, the more valuable you are in the eyes of the people you seek, the more successful you become. It goes back to the old saying, "you've got to give in order to receive."
Internet network marketing is primarily a people to people business and you've got to be able to provide people with solutions to their problems. And the only way to do this is by educating yourself on subjects and materials that people are looking for who don't have the time to do it themselves or in Mike Dillard's words are too lazy to do themselves.
Building YOU Inc
Building relationships is the essence of business period, and networking marketing is no different from any other business. Mike Dillard goes into great detail on how important it is to sell You first, as opposed to selling your business opportunity.
People don't join your business; they join you and in order to get people to join you you've got to provide them with valuable information that they are seeking. You've got to become a solutions provider. To quote Mike Dillard "The fastest way to get rich in life is to solve other people's problems."
Attract People to You By Positioning Yourself As An Expert
The philosophy behind Magnetic Sponsoring centers on positioning yourself as an expert and then getting people to join a funded proposal in which the system becomes automated. Magnetic Sponsoring teaches how to become an expert in two ways.
1) Market solutions though a product or newsletter.
Or
2) Become an Alpha leader who trains and instructs others.
Sounds simple, right? When you consider the fact that network marketing is about one thing and one thing only you'll begin to realize that it is pretty simple.
It's about "marketing your business." As Mike Dillard says, "He who markets and promotes the best wins." I couldn't agree more, but how do I market to win, you might ask?
It all begins by positioning yourself as an expert and a leader in one of the two examples given above. Remember people have to feel comfortable with who they're doing business with and by using the strategies that you'll learn from Magnetic Sponsoring you'll be well on your way to laying the foundation necessary to establish a viable home based business.
The Funded Proposal
The funded proposal is what Mike Dillard calls "The fuel behind the Magnetic Sponsoring System."
The concept behind the funded proposal is to provide a low end product such as a how to generic inexpensive informational product, a newsletter or DVD, which then leads prospects to your higher end profit products.
When you consider the fact that 95% of your leads will never join your primary MLM opportunity anyway, why not make some money up front? This at least will help with your advertising expenses.
This is exactly the same model that your top level network marketers are using to build their organizations. It's fast easy cash that can be reinvested back into your network marketing business. The automated system essentially feeds of itself.
Thumbs Up for Magnetic Sponsoring
Magnetic Sponsoring provides an excellent inside look at how Mike Dillard became one of the most renowned internet network marketers of our time. The techniques that he has developed are being used by network marketers world wide to become successful with their home based businesses. He presents a well thought out game plan from beginning to end and at $39.00, you can't go wrong from learning from one of the best in the network marketing industry.
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Kevin Thomas is a 20 year traditional bricks and mortar entrepreneur who is using his business expertise to teach people the most effective techniques on how to start a internet network marketing business. |
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