Developing a network marketing business action plan is the first step towards running a successful business. It does not matter how long you have been involved in network marketing, however it is best to do this as early as possible.
Why Do You Need An Action Plan?
Every business needs a plan because otherwise you could simply flow along without actually getting anywhere. It is very easy in this type of work to be busy while actually achieving very little. It is also possible that your own plan and that of the person who recruited you are very different. An action plan will help to keep you focused on the right activities for you to meet your own goals.
Initial Goal Setting
Really you are better to think about quite a long term goal to focus on achieving. This is usually the main reason you joined the company in the first place. This goal is highly individual and is certainly not always financial. Perhaps it is about getting to meet others with a similar interest as yourself for example. For other people it is purely about creating an income.
Take a moment now to think about what it is you want to achieve from your network marketing business. Once you are clear about what you want to achieve I suggest you write it down.
Clarify Your Goal
One of the main difficulties most people face is because their goals are not very well defined. For example, to have a goal of “making a bit more money” is not very clearly defined – making 1p is a bit more money, but chances are that is not going to be very satisfactory. Having SMART goals will drastically improve your chances of success:
Specific and Measurable
Ask yourself the question what would be a satisfactory outcome for you? If it is financial give your answer in pounds. Think about that as your goal and then, just for good measure make your goal a little bit higher. It should be clear for you to know if you have or have not met your goal. You should be able to answer the following questions:
At what point will you have 50% complete?
How will you know when it is 100% complete?
If your goal is not clearly defined you will not know when you have reached it, nor will you be able to gauge how far you have still to go. If unsure ask yourself “How will I know for sure that I have reached this goal”?
Make sure the goal you want to achieve is attainable. This can actually be quite difficult for some people because they simply do not know what is attainable. It is very common to either under or over estimate what is possible. Writing a list of steps to take to reach your goal will help you to figure out if your goal is attainable. If you are struggling to identify the steps you need to take do ask for assistance from your upline, or comment below.
Check to make sure your goal is relevant to what you want to achieve. If you have followed the steps above then it will be. Goals can become irrelevant when you get distracted from your long term objective and is more often a problem when setting smaller short term goals. Each time you set a short term goal ask yourself the following question:
How does this help me move towards my long term goal?
Time – Bound
Finally think about when you want to achieve this goal. Only when you have identified both a goal and a time limit can you start to write a clear plan of action. Do make sure you are realistic with the time limit you set yourself.
An Example Action Plan
In the example shown below I know specifically the amount of money I want to earn, and the date to complete it by.
The actual plan starts to take shape when I ask myself “What do I need to help me achieve this goal”? This should be resources you can gather (including knowledge). For this example I needed ideas, a daily plan and a place to store the money. The action needed then should start to become clear, in this example my ideas were to sell products and to recruit new team members, and I was able to break these actions down into smaller steps that relate to the goal.
You will notice however that I have the steps to follow, but not when to do them. To make sure I will achieve my goal within the allotted timescale I need to give myself a schedule to work to. Usually I would write the steps into my dairy which is why I haven’t provided a timescale on the example, some people prefer to give themselves a daily list. To be honest I use my dairy because there are always other things going on that I need to take into account. Using my dairy helps me to actually identify when I will realistically be able to do them.
With a good plan you should be able to look through it at any point and know how you are getting on. Sometimes things do happen that stop you meeting your goal on time, but if you review it regularly you can adjust the plan to take that into account and still achieve that goal.
Never Stop Planning
A good action plan is one that takes you right through to meet your original goal and beyond. Every month or every week etc you should take the time to review your action plan, check your progress and add new goals. It is a never-ending process that will keep you focused on what to do AND will help you to succeed.
If you have enjoyed this post you might like to take your learning a bit further. I have chosen the following books as suitable follow up reading: