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9 Reasons Not To Build Your Home Based Business Using A Warm List

By: Dan Lambeth Home | Internet-and-Business


Every home based business's corporate office knows the value of a website. The crazy thing is, they all have a website but very few of them teach representatives to use the Internet to recruit new people. Unbelievably, some of them even discourage it even though just having a website is a form of marketing online.

Nearly every home based business's company asks sponsors to teach "old school" business building techniques that were used before the Internet was invented. The first task of every new sign-up is to start building a "warm list" which is a personal contact list. They even give you a memory jogger to help you remember every possible contact you ever had.

Many successful marketers are promoting the attraction marketing model now and the principles of this model tell us that it is a waste of time to use such a list. It could even be the start of your failure to succeed in this industry. Here are the 9 reasons attraction marketing principles over rule using a "warm list."

1. When you use that memory jogger you will be putting names on your list from years ago. Many of those people have probably moved away and many of the women will have married and changed their name making it impossible to find their phone numbers.

2. There will be people who are not in position to take advantage of your opportunity. There are a myriad of reasons for this including divorce, unemployment, disease, etc... Your time writing their names down and searching for them will be a complete waste. Time is one thing you cannot replace, you can lose money and replace it but wasted time is gone forever.

3. No experienced marketer would EVER try to sell anything to someone who has not expressed an interest in whatever the marketer has. Approaching a stranger about your offer is the same as selling watches on the street corner. It also suggests to your prospect they will have to use the same methods for their business.

4. The friends and relatives on that list who know you best will know that you are a beginner at this and it would be a huge risk to join you in a business and you are a beginner who may have never even owned your own business. When people join others in business they find leaders or experts and join them because they need someone who knows what they are doing.

5. Most new people don't know how much work will be required to succeed and will have a false sense of what it tales. This could lead to desperation if things don't go smoothly and that will cause you to chase people hard which will cause your friends to turn against you and family to avoid you.

6. If you contact 100 people the average number of recruits may be around 5. Since your personal contact list is limited and those first 5 only do what you are doing you will need to know a lot of people and work a long time putting up with a lot of rejection in order to get the size check it will take for you to live off of it. Eventually you will have to go online and either buy leads or learn how to generate your own.

7. Often your sponsor will offer to help you with approaching your people because he knows the chances of YOU sticking around are only about 3% and he wants to work through your list in case some of those can make it. It is a complete numbers game to them. Sign up as many people as fast as you can and hope some of them stick.

8. There will be some of your contacts you don't even like. They may be hard to get along with or difficult to be around. Do you want them coming to you for help all the time?

9. 50% of everyone you know has either bought a network marketing product or been exposed to an opportunity and have already decided they are not open to the industry. In fact once you get good at your new job you still will only be able to sign up 5% of those you talk to.

Attraction marketing would teach you how to position yourself where those looking for what you have can find you. Your army of ads would be like your products on shelves. Your system would run 24 hours a day and it would potentially make hundreds of presentations each day for you.




Article Source: http://www.eArticlesOnline.com

About the Author:
Dan Lambeth, Information overload affects us all and causes delay of what is important. Learn to make money online when you Conquer the Internet. If you want a taste of the free training provided by the lead generation system I use you can grab my free newsletter at my blog and you will get invitations to free, live marketing training on Wednesday nights.

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