How do you REALLY create a Leverage Income?

By on October 7, 2011

Leadership Development

In today’s failing economy, many people are beginning to realize that they can’t count on the government or their 9 to 5 job any more for financial security.

The result is tens of thousands of people are getting involved in network marketing, MLM or direct sales.

But, once you are “in” how do you make a full time income?

The fact is most people fail because they do not treat it as a serious business. Their financial investment to get started is low and so is their commitment to succeed.

But, let’s say you are serious and you work hard, how do you make it?

I believe there is only one way to make this happen…and it is to develop a team of solid leaders that will be with you for the long haul.

Your first step is to take responsibility and to develop yourself as a leader then search for other who want what you want and will stay the course.

Leaders = Leveraged Income

I don’t care what business you are in, your income will be a reflection of the leaders you have in your business. This can be a scary thought but with time and dedicate you can solve it.

Start thinking leadership development!

Let go of how much income you want to make and shift that to how many leaders you will need to create it.  Then create your plan to develop your leaders.

It is important to know many people will express an interest; and a few will actually do what they say they are going to do.  This OK if you expect it.

What Defines an Business Leader?

  1. They have a clear vision of what they intend to accomplish.
  2. They have created a project and a specific plan for its attainment.
  3. They are self-motivated by their vision and maintain their own enthusiasm, persistence, attitude, and most importantly, their actions.
  4. They produce their intended results.

Until you have someone who meets these four criteria, you do not have a leader.

You may have a nice person who works hard and wants very much to be successful. You may even have someone who will do everything you ask.

However, until they consistently produce from their own motivation, they cannot be counted on for leadership.

Focus on developing yourself as a powerful leader, then and only then will you attract powerful leaders to your organization.

Developing a Loyal Leadership Team

The community that you develop from the leaders to the brand new person must have a long-term vision, they must expect that the business will not be perfect and people will second-guess them.  You must create a mindset of keeping the main thing the main thing.

Your team must focus on selling the product and sponsoring every month—no matter what. The key to accomplishing this lies with your leaders.

Leadership and relationships are the glue that holds the organization together.

So how do you earn and keep leader loyalty, and not die in the process?

In the video below I will touch more on the practical actions, characterists and attitudes for keeping leaders.

When your focus is on finding and developing leaders in this fashion, what you will build are lasting friendships, loyal partnerships and a true Leverage Income that you can count on to secure your financial future.

Please leave me your thoughts and comments below!

Terry Petrovick

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PS I’m finding that a lot of people are struggling to create or rebuild their wealth in this economy. It does not have to be that hard. It does require strong leadership. That’s where I come in.

Why not partner with a coach who has helped people earn over one million dollars?

I ‘m committed to my team’s success. That is who I am, that is what I do. You can begin the journey of building your wealth, by Clicking Here.

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About Terry Petrovick

Terry Petrovick is a business developer for the network marketing profession. He is committed to helping people earn 6 & 7 figure incomes. Contact Terry if you need help developing your business and income.

View all posts by Terry Petrovick

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