How to Make a Successful MLM Business Plan
Having a successful mlm business plan is important if you want a good mlm income. Unlike other businesses, an mlm business plan is rarely ever developed before someone jumps into this sort of thing. Why? Because the commitment is just so damn low.
With entry fees starting anywhere between 50 bucks to a 1,000 dollars, it is a an easy entrepreneurial model to get started in. Pretty much anyone from any walk of life can become a proud owner of their own network marketing franchise. That said, the majority of people don’t know the first thing about how to write a mlm business plan.
Having a mlm business plan could save you a fortune in mistakes, bad decisions and most importantly – time. Every mlm business plan should be treated as any other business. A lot of people are hopped up on that idea that there is “no selling” in this biz, which is totally fictitious.
I would say the primary two skills for success would be sales and leadership qualities. Which we will discuss later on in how to write a mlm business plan.
MLM Business Plan Rule #1 Budgeting
The most important part of a mlm business plan is the budgeting. So many people without a mlm business plan screw this up in a big way. They find themselves going broke because they simply have no more money to grow their biz with.
A strong mlm business plan then must focus primarily on budgeting.
Questions such as – how much is your autoship a month? Other important mlm business plan budgeting questions are:
How much are you willing to spend on marketing a month?
How much are you willing to spend on training a month?
How much are you willing to spend on personal development a month?
Figure those out, they are extremely important. You could have a mlm business plan whose marketing budget literally is zero. That’s fine, as long as you have it in your mlm business plan.
Here is my mlm business plan answers to budgeting:
1. Up to $500
2. $45 (I use MLM Lead System Pro as my main marketing training)
3. $10-20 (Use my Kindle to download great network marketing books, or other greats like Think and Grow Rich.)
So my total budgeting expenses then sits around $565 for my mlm business plan. Notice in #1 I say “up to”? That is because I am always looking to cut down expenses with my budget, but I am willing to play with that much money to try out new tools and new techniques to see what works and what does not work.
(And as time goes on, I pass what does work onto you here in the pages of this mlm blog.)
MLM Business Plan Rule #2 Actionable Actions…
Any good mlm business plan will have more than just budgeting. Of course budgeting is super important in your mlm business plan, since the majority of people in this industry spend themselves out of it.
The 2nd most important part of the mlm business plan is what you are planning to actually do.
Now I am not talking about any wishy-washy goals or lofty affirmations, I am talking about real CONCRETE steps to work your mlm business plan with. Your mlm business plan could have the line “Will Say Positive Affirmations for 20 Minutes a Day” which is fantastic if you’re into that, but realize that is not an actionable action to make your mlm business plan work for you.
A better thing to say would be, “I will call 10 people a day.”
Here are some of things in my personal mlm business plan that are actionable actions:
1. I will write at least ONE article a day that is SEO-optimized. (You can learn more about mlm seo here).
2. I will promote a piece of SEO-optimized content at least once per a day.
Those are just two things. And notice how simple they are? This stuff does not need to be complicated. The more simple your mlm business plan is, the better.
MLM Business Plan Rule #3 – Looking at Things in Stages
A good way to look at a mlm business plan is akin to looking at the plans for building a house. You start off with all the supplies you need, then the foundation, then the actual building of the house and finally the finishing details such as the paint and trimmings.
Your mlm business plan could be written in a very similar way.
For instance, this is an example of the stages I have formulated for my own mlm business plan:
Stage 1 – Traffic (Focused almost exclusively on getting traffic until I reach a consistent 50-100 visitors a day)
Stage 2 – Conversions (Focused on tweaking my website so I can convert more people into mlm leads)
Stage 3 – Profits (Focused on tweaking my funnel to be the most profitable funnel I can have)
Notice how two of the stages in my mlm business plan are in noway related to actually making money by themselves? That is because I know a strong mlm business plan is one that is rooted in patience and consistent growth. You see so many people marketing ways to make tons of money overnight, but that is not my cake.
I would never lie to you.
This stuff takes quite a while before it starts going. For instance, one piece of SEO-optimized content usually ranks solid after 3 weeks (if it ranks at all) once I am done with the piece. Sometimes it takes even longer before I see fruits of that labor because my competition may be more fierce.
Since I chose SEO as my main method for building in my mlm business plan, I make damn sure I do good keyword research so I can in fact beat my competition.
By having a mlm business plan that affords you to build in stages, you can put profits at the backend of the mlm business plan. Your first focus is to gather the actual skills you will need to work your mlm business plan.
Of course, you may find yourself laughing as you start making money even if you are still on the first stage of your mlm business plan! Which is always exciting. So, what is your mlm business plan?







