Network Marketers: The Network Marketing Success Formula: (TQ = GD = V = S)
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“How do I make more time?” The simple answer is to duplicate yourself. After all, this is the great thing about Network Marketing right?!
Duplicating yourself is the only way to accomplish more and multiply your productivity if you are doing as much as you can yourself productively and efficiently.
Time is the great equalizer when you think about it, because we all have the same amount of it. We all have 24 hours a day, 7 days a week, and 365 days per year.
How time differs from one person in MLM to another falls on how we utilize it. Undoubtedly, it is the most valuable commodity. But if you are productive, efficient and sure you are not wasting it in your MLM business on non result-producing activities, the only way to get more done is to duplicate yourself.
Of course, that is easier said than done. Duplicating yourself and adding people are not the same, so do not confuse the two. In Network Marketing you need people that will offload work from you and duplicate what you do in quality and quantity.
They may never be as good as you, but the objective is to empower people and make them as productive, knowledgeable and self-sufficient as possible to double your productivity.
Do not spend your time with people that are not consistently building their Network Marketing business with a sense of urgency like you are. Your timing can never be dependent on anyone else’s timing!
They become a burden and their lack of productivity will slow you down even more. They must work from a list and you must check their list and monitor their work. In MLM, we call this a daily activity list.
The key to great duplication is finding someone who can practice anticipatory thinking. They are always thinking ahead (anticipating) and they evaluate everything they do as to how it will affect the end result or what the action will cause.
When you delegate in an attempt to duplicate, you cannot just cut the person loose. Now you must initiate and execute the successful formula of offloading responsibility, delegating and duplicating: MEASURE, MONITOR, ADJUST AND CONTROL.
You must measure what they are doing. So to begin with, the assignment must be measurable. If it can’t be measured, it is not defined and might as well not exist (maybe it doesn’t). If you can measure it, you can then monitor it through many different ways.
So you are monitoring what you can measure. If the desired result is not there, you can then ADJUST, by interceding, coaching or working with them to improve the outcome. By adjusting what is being done, you can control the outcome or result and greatly increase what is being produced. If you understand this, you have actually CREATED TIME!
If you are productive and efficient and you add a second person to your MLM organization who is as productive (be satisfied with 50 to 75 percent as effective), you have doubled your time and productivity.
So if you are putting in 20 hours a week and they put in the same, you have 40 hours being put in while you still put in the same 20. If you triple that and have four more people, totaling six, now putting in 20 hours, you are now leveraging 120 hours for the 20 you put in. Of course there is some slippage and it is affected by how well you manage (measure, monitor, adjust, and control).
But before we take this too far or get too excited, FREEZE! Pause! You need to check yourself before you wreck yourself! Most people in Network Marketing have not maxed out their time or productivity. Let’s make sure we are doing the result producing activities and not chasing our tail or just putting time in.
Putting time in is not what counts. What counts are activities that lead to results or increased productivity. I have struggled with this in my Network Marketing organizations for years and have finally reduced it to a formula that made it approximately measurable.
The formula is TQ = GD = V = S. We all put Time (T) in, but the key is the Quality (Q) of time, which makes time multiply itself so it is expressed as an exponent.
An exponent is the number of times a quantity multiplies itself (the ‘power’). The quantification of quality of time is determined by the number of result producing activities accomplished. When you are putting time in to offload responsibility or duplicate how passionate and dedicated you are through others, focusing on result producing activities using anticipatory thinking determines the power of the exponent “Q” (quality of time).
Fundamentally, that comes down to anticipatory thinking where they know the objective and are always thinking ahead as to how what they do affects the result or speeds up accomplishing it.
Time to the exponent of Quality produces or is directly proportional to (in an ideal world equal to) Growth (G) or Productivity. When you are doing that with someone you have taken on to delegate to and duplicate yourself, the Growth and productivity multiplies itself by the amount of Duplication (D).
That quantity in turn translates into Volume (V) or Sales (S) (in your MLM business). That ultimately translates into residual income to you as an independent business owner.
So how do you get more done and make sure you are working at maximum efficiency to achieve result-producing activities?
Well the first thing you learn is you have to clearly know what your goal or vision is. Where are you going and what are you and your team trying to accomplish?
Once you are clear on that and passionately pursue it, you must use anticipatory thinking. How is what I am doing going to affect the result? Am I thinking ahead? Am I missing anything? THINK! THINK! THINK! That is the most important thing. Do not just put time in. Do not wander around looking for something to do or covering your gluteus maximus.
If you are clear and set out to make things happen you are in the top 20 percent in the entire Network Marketing industry. Now the game starts. How do you get in the top 5 percent productivity-wise? Because that is where real Network Marketing success lies!
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Eric


