Thursday, June 17, 2010

Building a $1 Million a Year Business

Lets just say upfront, this post is not for someone who just wants to sell a few products to friends and family. Anyone can become an AMSOIL dealer for just $30 per year.

Continue reading if you are someone that is REALLY SERIOUS about building a large AMSOIL business that would earn in excess of One Million Dollars Per Year.

This post is for someone who desires to be the leader, the #1 money earner, the top of the company. You will be one that will sacrifice a lot in order to get what they want. The Truth is, most won't do it, they will quit, burn out, blow up or die trying. This is like a Military Battle, you don't go into battle with a "just see what happens attitude". If you don't train to fight and fight to win you are dead in battle. Your AMSOIL business should be the same. Train to Win, Work to Win, Live to Win.

YOU ARE WHAT YOU THINK ABOUT "MOST OF THE TIME!"........If you live, breathe, eat, sleep your AMSOIL business, you will be able to generate that $1,000,000 per year business.

What if you owned any other business? A business that you had invested your life savings into. You bet the farm on this business and it's a sink or swim proposition. Would you not put everything you had into making it a successful business? You would use every waking minute to MAKE IT SUCCESSFUL. I've seen small business owners work 80 hours a week. NOW THAT'S COMMITMENT!

This is the way to approach your AMSOIL business. Even though you don't have your life savings invested in it, acting like you do will bring immediate success on your part. If you are satisfied with the way your life is right now, if you think your on the gravy train. WELL MOVE OVER, I"m rolling on by you. Get out of my way. That's the attitude to have. When you are at the front, you will know it because everyone is kicking you in the behind. You said you want to build a Million dollar per year AMSOIL Business, right?

The solution: AMSOIL has more dealer programs than you can shake a stick at. You can buy products, and retail them, (that wont' make your a million). You can register preferred customers, they buy at wholesale, (that still won't make you a million either). You go around setting up Commercial and Retail-On-The-Shelf accounts, you would be getting warmer, but it won't make you a MILLION DOLLARS PER YEAR. All of these programs are there to support the dealer in building his business. Getting off the ground, is what those will do, but if you want to make it to the big time, if you want to be able to dramatically increase your earning potential by 5, by 10, by 100 by 1000. The only way to earn $1 MILLION a year is to Sponsor, Train, and Teach. Say it with me Sponsor, Train, and Teach. 

Building a high level Multilevel Marketing business requires WORK, it requires skills you don't think you have, but I can tell you now that they can be learned. Anyone with the desire, motivation, and determination can build a $1 Million per year business. According to AMSOIL's literature: "The overriding priority in our Marketing Plan is a business opportunity for AMSOIL Dealers. AMSOIL Inc. provides programs and support mechanisms to help AMSOIL Dealers earn residual income mainly through the sponsorship and training of other AMSOIL Dealers, as well as the utilization of the sales programs."

There it is folks, right from the horses mouth. The Sponsoring and Training of other AMSOIL Dealers. AMSOIL Tells it like it is. Sponsoring in the AMSOIL business is helping others get started as AMSOIL Dealers, there are millions of people out there right now that would like to find a "legitimate" way to have their own business. The AMSOIL/AGGRAND/ALTRUM product line represents a highest quality product to allow dealers the ability to build a large and profitable business, and even earn $1 Million per year. I've spoken with Mr. Amatuzio personally and he assured me there are no sales caps, no ceiling for dealers that want to earn as much as they would like. They might die trying, but AMSOIL won't hinder the success of any dealer that wants to be at the top.


Sponsor, Train, and Teach.

The Million Dollar per year business you want to develop will come by sponsoring a lot of new dealers! Sponsoring is the name of the game. When you sponsor new dealers, YOU MUST LEARN TO IDENTIFY LEADERS and work with those leaders. Look for the ones that have a tendency to "do it on their own" without you "having to hold their hand". They Order their own products, setup their own accounts, call you for questions or to help with new dealers. Leaders do what is necessary to be successful. Leaders wear their AMSOIL clothing, have signs on their vehicles and answer their phone "AMSOIL this is Michael". These are people that you want to focus on helping the most.

Training these new dealers (and old for that matter) will bring the most growth to your AMSOIL Business. Training is how the business works. Training is learning about products, customer service, registering customers, follow up, sales, and leadership. Training will take up a significant portion of time in the beginning, but will pay off by having a learned behavior that will put the tools in place for your new dealer to succeed. Many folks are smart enough to see the advantages of having an AMSOIL business, but lack the necessary skills to put in motion the things that will achieve the best results. Attending AMSOIL sponsored events is a first key step in learning about products and the way the AMSOIL business works. Next is to find tools that allow efficiency of time using tools like a computer, email, outlook, bookkeeping software, will help grow your business faster than not using those tools. Learn all you can about reaching new customers and potential dealers. Social Networking is the new "Cold Call". Learn to get the most out of your current "networks".

Teaching is how life works. "Give a man a fish and he eats for a day, teach a man to fish and he feeds a village". Helping others, leading by example, and giving will build your business. It's often said that "Help enough get what they want, and you will have everything you want", or "Help enough pay their bills, and your bills will disappear". Teaching is the full circle to the sponsoring process, it's like having children, you don't just have children, then leave them to their own devices, you must teach them in order for them to grow up and be productive members of society. In turn you much teach your TEAM to do those things necessary to become successful at life as well as business.

Meetings, successful high level dealers have meetings. Get organized, get folks together. Have monthly, or even weekly meetings. Encourage your dealers to bring someone new. Encourage your dealers to have their own meetings, when you get this process accomplished you now have a Direct Jobber in the makings. Attending company meetings, this is a no brain'er, but for some reason you don't see many dealers at these functions. I take this as a good sign, that means that are not very many Serious AMSOIL dealers out there. That's less competition for me, and you if you are Serious about building an AMSOIL business.

The Purpose of a meeting is to instill good sales and sponsoring habits in your TEAM that will build your AMSOIL business to the MOON. These habits are Sponsor, Train, and Teach. You could also say Prospect, Sell, Refer. Prospect for new business, sell more products, and have your happy customers refer business to you.

Work on yourself, work on being a better leader, work on training others to be better leaders. This is how you build a $1 Million dollar per year business.

DEDICATION TO YOUR BUSINESS IS THE ONLY WAY TO EARN LARGE SUMS OF MONEY! Set your goals high, work on those goals every single day. Goals are written and have an end time on them. Goals are also reasonable, meaning that it's something that you can do. Share you goals with your sponsor, your regional sales manager RSM,  your Direct Jobber and with your significant other. If you don't share your goals, you may be reaching too low, or have to lower your expectations a bit. Sharing goals with your spouse can make a huge impact on your business (both good and bad) having your spouse on board will help with your self esteem, help you have the vision and the motivation to achieve those goals, on the other hand not sharing those goals can cause resentment, or strained relationships because they don't understand why, or what you are doing. Write your goals, and share them with others. This is a must to build a $1 Million per year business.


Getting Serious about your business only requires one thing. That's for YOU to set in motion the factors of success.

THERE ARE NO LIMITS AS TO HOW BIG YOUR BUSINESS CAN BE! You and you alone are the limiting factor. In the next 5 years, synthetic oil, organic fertilizer and nutritional supplements will grow by 5 by 10 by 100 who knows? The thing that I know is that the business that I create will be growing by 5 by 10 by 100 by 1000. Remember the dial telephone? Remember when cell phones first came out and were basically the size of a brick and only rich people had them? How many hundred thousands of percent growth has the cell phone industry grown? Your business will grow like that if you let it.

Last thought, How much money were you making 5 years ago? Are you still in the same place you were? Are you begging for a 5 cent raise? Or are do you wake up wondering if you will be outsourced, downsized, or even fired? How can you live a life like that?  Do you think that 3 to 5 years of concentrated, persistent effort will change your current situation? Do you think there are others out there in that exact situation? Do you think they could use your help, your guidance your leadership and your friendship?

SPONSOR, TRAIN, and TEACH.








Michael Sparks--Entrepreneur
Think and Grow Rich

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