"Magnetic Sponsoring has taught me a specific step-by-step process for using a targeted information product to not only attract highly qualified prospective partners for my business, but also how to convert my marketing from an expense to a additional profit center.
The ongoing training provided by Mike has also opened my eyes to the potential for significant additional profits to be earned by providing value to those who choose NOT to join my primary business as well as to those who team up with me.
Prior to reading Magnetic Sponsoring I relied on paid leads.
That was a very time consuming and frustrating path, but it was all that I knew how to do once I was past the “friends and family” market. Most of my free time was consumed by my business.
I spent hours every week sifting through those leads for the few nuggets of gold amid all the dirt. And I was paying up to $500 per month for leads that were mostly “tire kickers” or broke or looking for a job. And even though I sponsored a few of them each month, I never found someone who pay that price to duplicate my efforts.
Since implementing the MS strategy 5 ½ months ago, I have generated 1265 leads to individuals who are serious about building a networking business with just one little ad on Google. I have earned $4,420 selling my information product and the ad has cost me $2,882 for a net profit of $1,538.
That means that I have generated those 1,265 exclusive high quality leads at an average profit of $1.21 per lead! And the best part is that once I set up the system, I have spent zero time managing it... It’s all on autopilot!
And the Magnetic Sponsoring book has taught this same concept to each of my new partners.
This is the single best idea I have run into in over 20 years in the industry! This is a profitable lead generating machine!
In fact, I was so quickly overwhelmed with the sheer number of these high quality leads that I had to create an automated follow up system to handle them. Mike Dillard has been a tremendous coach in that regard as well. I now have a fully automated business with several profit centers.
This industry is about building relationships, so it’s still critical to talk live with your potential partners, but now I only talk to those who are already educated about my business and who want to talk to me... The system does the sifting and sorting for me.
This is as close to networking heaven as I’ve ever been!"
- Doug Jones
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