109: My #1 Strategy for Increasing Network Marketing Retention
Your Virtual Upline Podcast
Bob Heilig
4.9 • 1.7K Ratings
🗓️ 8 July 2019
⏱️ 35 minutes
🧾️ Download transcript
Summary
My leadership training program, the Legacy Leadership Academy, will be opening for new members soon! To join the waitlist and be the first to know when the doors open, go to: legacyleadershipacademy.com. Also, join my FREE summer recruiting challenge, the Revive Your Down Line Challenge 2.0, is starting this July 15th. Join me at www.reviveyourdownline.com.
As a leader, you must understand the importance of focusing on BOTH new acquisition as well as retention on your team. If you focus on retention of current team members too much, your team will eventually become stagnant. If you focus on personal recruiting too much, you'll wind up building a team without any strong independent leaders and get stuck on the treadmill.
So today, I am going to share my number one strategy for increasing retention on your network marketing team.
Leaders must understand the importance of focusing on BOTH new acquisition and retention while building their teams
Without a doubt, retention is a big problem for most network marketers. Some days it feels like your team is a leaky bucket – you're losing team members just as quickly as you're signing on new ones!
However, retention is the key to unlocking long-term residual income and the eventual freedom that you so crave through your network marketing company! So, as a leader, you must understand the importance of focusing on BOTH acquisition and retention.
Join me in this episode as I share with you the concept of 'the retention point,' my number one strategy on how to retain people in your team, and the three things that leaders do differently while training new team members that result in higher, long-term retention.
Transcript
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| 0:00.0 | Welcome to the Your Virtual Uline Podcast. My name is Bob Highlake, your host and the |
| 0:08.4 | founder of Your Virtual Uline. This is the podcast for the new wave of network marketing leaders |
| 0:16.0 | that want to make an impact and aren't just building a down line they're |
| 0:20.0 | building a better world. Join us each week and learn how to build a profitable network |
| 0:25.0 | marketing business that gives you complete freedom |
| 0:28.9 | so that you can give back to the world in an even bigger way. |
| 0:34.4 | What's up everybody, Bob here, your virtual up line. |
| 0:38.5 | I will be sharing with you my number one strategy for increasing the retention on your network marketing team. |
| 0:52.4 | I know this is a very big issue for most of you, if not all of you. It's one of the topics that I get asked about the most. Bob, how do I retain more people on my team, |
| 1:06.0 | how do I duplicate more leaders on my team, |
| 1:09.0 | how do I create duplication, |
| 1:11.0 | all of these things are very, very closely intertwined together. |
| 1:17.0 | And today, I'm going to share with you what I believe to be the best strategy that I know of to help you in this area and it's also tied to one of the biggest |
| 1:27.1 | mistakes that I see people making. We've talked about this issue before on |
| 1:31.2 | the podcast but I know that this is going to be a huge one for all of you. |
| 1:36.5 | Now, before I get into the actual episode, I want to make two big announcements. |
| 1:45.0 | So at the time of this episode publishing, if you're listening to it as it's coming out, |
| 1:51.0 | it is the second week of July, |
| 1:54.4 | and we've got a big announcement. |
| 1:56.2 | In the next couple of weeks, there are two things happening |
| 1:59.0 | that you definitely want to know about, |
| 2:01.2 | the first of which we are opening up enrollment to my leadership |
... |
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