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Herbalife Business Plan Mistakes

Page history last edited by steve rogers 2 years, 8 months ago

For a small new company, creating a Herbalife business plan can be an overwhelming process. Many new distributors jump into this industry without properly preparing themselves and their plans for success. Below we look at some of the common mistakes new distributors make along the way, as well as the proven strategies that work to put more money in your bank account!

 

A. Not having a solid business plan is number one on our list of mistakes to avoid. The Herbalife company offers a great many service in the form of marketing and training materials designed to help you become a distributor. But each successful distributor must also have a detailed, action-oriented business plan to outline his or her preferred method of development.

 

B. Another mistake is often made is not picking a good "senior consultant" to help develop your marketing plan and develop your core competencies. The "senior consultant" role is where the real transformation happens. The senior consultant helps you to identify your core competencies and what skills and talents you have to leverage to build your business.

 

C. Other companies make marketing and generating leads much easier by using multi-level (network) marketing (such as Amway and MLM) or direct selling (DSM). These companies sell their products and services directly to people in their organizations, communities, and communities. They provide their distributors with recruiting and training materials and often charge them a high start-up fee. They provide little or no support after the sale. While it's certainly possible to make a good profit by using these methods, they require a massive investment of time and money and often lead to little or no sales after the initial efforts.

 

D. Many people who are unsuccessful in traditional network marketing and other forms of direct sales simply don't understand the mechanics of the business model. In short, they don't know how to earn enough money to support themselves and their families without spending all of their waking hours at their jobs. This is a critical mistake. Successful Herbalife distributors earn enough money to support themselves and their families. They know the marketing models inside and out, they know how to attract prospects and how to motivate them to take action.

 

E. Most people who fall into the Herbalife pyramid schemes don't do any of the work themselves. The Herbalife compensation plan is all about recruiting new distributors to make more money for the company. When they don't generate any sales, the company makes very little. The average Herbalife compensation plan is nothing more than a glorified ponzi scheme. If you want to learn how to become a successful home based business owner and earn a living from the comfort of your home, you will need to learn how to generate your own leads, motivate distributors, and market your business to make it succeed.

 

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