Sunday 10 August 2014

How To Make Money In Legal Shield

By Ricardo Interpermian


Legal Shield reps: Do you want to become a top producer? If so, keep reading.

If you seek to become a top earner, you need a way to promote to thousands of people- not just to the small number of friends and family network marketers are taught to approach.

You have to learn how to market- like a REAL business!

Here are 3 ways top earners dominate today:

- Diversify Your Income Streams

Add other revenue sources to your Legal Shield business. It's risky to rely exclusively on a single revenue source in your business. You never know if your top people will leave your downline. Attrition might rise on your Legal Shield business. Legal Shield management could take the company in a direction you don't like.

Diversifying lowers risk and increases income. Be careful to never get distracted from building your Legal Shield business when you diversify your revenue streams.

Select one or more of the following ways to add new revenue lines:

First, sell affiliate products. Sign up as an affiliate to promote the services, courses, and system you use in your business. Only promote the best products and services, not just the ones that pay high commissions. Generally you get paid commissions of twenty to sixty percent.

Another strategy is to take your content and make it into a product. Record your conference calls and webinars, then ell the recordings. Bundle your videos into an e-course. Bundle your articles into an ebook.

One-on-one coaching is another revenue stream you can add to your business. Price your offer so it's worth your time.

- Invest Your Time Skillfully

As a Legal Shield business owner, your most valuable asset is time. An employee is going to get his paycheck regardless whether he is productive.

As a business owner, your income is going to depend on how productively you use your time. Success in Legal Shield is going to depend a lot on how well you invest your time.

Block out your work schedule each day. Define when your Legal Shield business activities are going to get done. Make sure when you sit down to work you know what you need to do.

Focus on revenue generating activities. These are things like connecting with qualified prospects and generating leads. Limit diversions. If you're working, don't check email, and stay off Facebook.

begin your work time with the most critical tasks. Tasks that create the most income for your Legal Shield business are the things to do first. Clarify what each hour of time is worth to your business. Plan how much you intend to earn in a year, then divide it by the number of hours you intend to work each year. This is how much your time is worth.

It's probably $100 an hour or more. Is it possible to hire someone to do laundry and other simple tasks for less than this rate? If the answer is yes, then why not hire someone to do these tasks? Hire people to perform low level chores.

- Market Like A Real Business

Learn to market like a real business. It's amazing how little network marketers in companies like Legal Shield are taught about real marketing.

Purchasing leads and business cards, and setting up your company-provided replicated website seems like marketing. A lot of these tools are ineffective and a waste of time. There are a few parts to a marketing strategy:

Identify Your Target Market: Who is the ideal prospect for your Legal Shield business? Existing business owners? Broke people who need to make money? Network marketers are a really attractive target market. Networkers understand the business to a degree and won't ask you if this is a pyramid. Networkers have shown they are willing and able to make a monthly autoship purchase.

Position Yourself Properly: There's a ton of people who promote Legal Shield just like you do. What do you have to offer that's different from everyone else? Clarify your unique selling proposition. (U.S.P.)

Promote: What's your strategy to attract leads after you run out of people you know to introduce to Legal Shield? Use a proven online marketing system that teaches strategies to generate leads online.

Follow-Up: After you generate a lead, what will you do to follow up? Use an automated email system, combined with live phone calls, to build rapport with and close sales.




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