8/10/2014

How To Make Money In Legal Shield

By Ricardo Interpermian


Legal Shield distributors: Are you committed to creating a gigantic business? If that's the case, dig into this article now.

If you seek to become a top earner, the way to do it is to implement a promotional plan that puts your message in front of thousands of people - not merely a handful of friends, family members and people you know.

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

Here are 3 ways top earners dominate today:

- Supplement Your Legal Shield Income

Make sure you have other income streams in addition to just your Legal Shield revenue. Depending your business solely on Legal Shield is risky. You never know if your top people will leave your downline. Your Legal Shield retention could decline. The management team at Legal Shield might make changes you don't like.

Adding diversity to your revenue lowers risk. Add new revenue sources but do not get distracted from your core Legal Shield business.

There are three main ways to diversify your revenue:

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.

Finally, offer paid coaching to your best students. As your expertise grows, you can raise your coaching prices and be more selective about whom you coach.

- Invest Your Time Skillfully

Your time is the most critical resource you have as a Legal Shield business owner. An employee is going to get his paycheck regardless whether he is productive.

Entrepreneurs earn income to the degree they productively invest time, energy and resources to create results. It's important to use your time productively if you want to succeed in Legal Shield.

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.

Schedule your important tasks for the beginning of each work period. When you work on your Legal Shield business, begin with the tasks that bring in the most money. Define your hourly rate. Divide your target weekly earnings by the number of hours you want to work your business. This is the rate per hour you expect to earn as a business owner.

You might expect to earn $200 an hour or more. Could you find someone to do your yard work, shopping and other tasks for a lower hourly rate? If you can, then why not do so? You should hire people to complete simple household tasks.

- Market Effectively

Like any established business, you must market to generate sales. Once you run out of friends and family to prospect, you are going to need to use real marketing to grow your business.

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: Thousands of people are promoting Legal Shield. What unique value do you provide? Decide what sets you apart and communicate that to the marketplace.

Promotion Strategy: How will you generate leads when you don't have any more family and friends to approach about Legal Shield? Get trained in solid online marketing tactics that will generate leads for your business.

Following Up: Once you generate a lead, how will you follow up? To follow up, call your leads, and add them to an automated email follow up system.




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