About This Blog
Hi. Welcome to my blog! I originally designed this blog to share my experiences in the world of network marketing. If you look back over the posts, you'll see it has evolved over time. I explain the evolution of my blog in the post on niche widening. I decided to leave the old posts so that readers could get a sense of what I was describing in that post. I hope you enjoy my entries. Comments are always welcome, as are e-mails to firstname.lastname@example.org.
Saturday, June 5, 2010
Know Your Ratio: the network marketing numbers game
What percentage of people that you talk to about your opportunity will be interested? This is an important number to know. Maybe only 1 in 10 people you talk to will be interested...so how many do you need to talk to to get 10 people interested? Someone in your upline, who has more experience, may find 9 out of 10 people who are interested. So he or she might have to put in less work, but you could still wind up with a higher number. It's much like a batting average. Most people know, for example, know that Babe Ruth was the home run king. What most people do not know, is that he also struck out A LOT. He hit more home runs, because he was more willing to get out there and swing! The more you swing, the more you can improve your form, and in turn your average or ratio, and the less work you'll eventually have to do down the road. You can learn from the failures and successes of others on your team (or online), but you can't learn to play well by just watching the game from the sidelines.