How To Invest In Yourself and Grow Your Network Marketing Business This New Year

Disclaimer: Transcripts were generated automatically and may contain inaccuracies and errors.

Hey there, I’m super excited to be here with you today. My name is Fran Loha, uh, one of the co-founders of Beach Boss Influencers, where we coach and mentor network marketers to make more money in less time using social media and automation. And today’s episode is all about how to invest in yourself to grow your network marketing business this year. Okay? And let me know if you’re joining me, but let me know if this has brought up a little bit of angst. If you’ve suddenly got like a sweat going on thinking, oh, I need to invest in myself. I need to spend money on myself in order to grow my business. This isn’t all about spending money on yourself, but I am gonna be talking about that as well. Um, but let me know if that has brought on a little bit of, of angst because, you know, I know I, I was a dentist.

I went to university for five and a half years, actually six and a half, because I felt first year total honesty with you here today. Um, but I invested, or my parents invested a lot of money in order to get that degree in order to be able to practice as a dentist. And so when it came to building a network marketing business, building that little side gig to start out with, I didn’t believe, I didn’t think that I needed to invest any money in myself in order to grow my business because my upline was gonna teach me everything that I needed to know, except that didn’t work. And let me know if you can relate to this. Let me know if your upline tells you that they’re gonna tell you everything that you need to know. It thinks that you know, they’ve, they’ve got all the experience and they can teach you, except that maybe what they’re doing is not working for you.

Maybe it’s not effective. Maybe they built their business 15, 20 years ago. Maybe they had, you know, massive influence. Maybe they had a network, they had massive influence over their network. And so when they just said, jump, everybody jumped and their business grew, and they don’t know how to teach you how to grow your business. Okay? So let me know if you can relate to that. I’m actually gonna give you four tips in order to grow your network marketing business this year and how to invest in yourself, okay? But the first thing that I want you to remember, a lot of what you’re taught in school is not serving you in that in school things are right or wrong. It’s black or white, it’s, you know, this is either right or it’s wrong. And you are either gonna pass or you’re gonna fail. You are either going to, you know, get everything right or it is wrong and you’re going to fail. Okay? And this thought process that is instilled in us right through our school, that things are right or wrong, is wrong. It is wrong because, you know, in life it’s not that black and white, it’s, it’s everything is, is, you know, in that gray area where is it effective or is it ineffective? Okay? So don’t be afraid, number one,

To, to get into business. Don’t be afraid to make mistakes. Don’t be afraid to, to take action, okay? Because it is only by taking action, making mistakes, failing, okay? That you can evaluate, turnaround, and improve. Okay? That you can evaluate what is effective, what wasn’t effective, and what might I do differently. That’s the first thing is, is making sure that you are not afraid of taking action because it might be right or wrong, but rather getting into action and then being able to evaluate. Or was that effecti or was it not effective? What worked? What didn’t work? What might I do differently? Okay? So that’s the first thing. The second thing is I want you to think of businesses. Think about investors as businesses grow. Um, and as investors invest in the stock market, they’re always know to diversify their investments, to diversify what they’re putting their money in, what they’re putting their time into, which is super important because you don’t want to have all of your eggs in one basket.

Now, when it comes to growing your network marketing business, okay, what I mean here is there are gonna be four things that you’re going to invest your money and your time in. Okay? The first thing is in your business, okay? So it might be educating yourself on more effective ways to build your business. There will be a link above this video to help you do that, to help you build your business effectively using social media so you can get more sales in less time, and use social media and use automation in order to grow your business. Okay? So the first thing is, is investing in your, in your education. Okay? Just like when you, when, when I finished school, and I dunno where you were at, let me know if you went to university or college, wherever, wherever you’re at in the world, whatever you like to call it.

But we seem to have this problem in that when we want to learn, um, new skill sets for our side gig, for our business, for your network marketing business that everybody thinks is just a little fun gig. It’s just your little side gig. It’s just your little plan B, but it doesn’t need a serious investment because it’s never really gonna work because people don’t, don’t, people aren’t successful building network marketing businesses, except people are, and the people who are successful are those people who take their businesses seriously. Those people who invest in their education to learn how to build their business effectively online or offline, if that is, if that is what floats your boat. But right now, online is working right now, people don’t have the time to do, you know, home parties and all those things. So online is what’s working and, and is duplicating and what your new team members will want to do as well, because that’s where everybody’s hanging out, okay?

So having that mindset that, you know, and it may come from your husband, it may come from your parents, it may come from your peers who think you just get needs to get a normal job, a nine to five, trust yourself that it will work, but it’s going, going to need an education in order to learn the skillsets in order to build your business. N number two is thinking about finances. So when it comes to finances, what is important is knowing, and maybe right now you don’t have, um, a problem, don’t have a tax problem maybe, but it’ll come. And so understanding how to manage your finances is important. And understanding how to manage your finances going for going forward, so that as you make the money that you want to make and maybe make a lot of the money that you wanna make, that you know how to make sure that, that you’re putting your money into various buckets if you like.

So maybe you’re putting money aside for tax. You’re putting your money aside for your savings. You’re putting money aside for your retirement. You’re putting money aside for fun. You’re putting money into different buckets so that you, you don’t burn through all your money, okay? So that it is, it is, it is prioritized as to where it needs to be. And it may be that you’re putting money aside for investing in your business. Maybe you’re putting money aside to invest in advertising to grow your business even more. Okay? How much can you afford to put in there? Making sure that you’ve put money aside for tax, that you put money aside for your family, you’ve put money aside for your vacation, you’ve put money aside for all the things that are important, okay? The third, the third thing that is important to invest in is your, is your health.

Because if you don’t invest in your health and look after your health, then nothing’s gonna matter. Let’s be honest. So this doesn’t mean, this doesn’t mean a financial investment. It may mean that you’re making sure that you’re eating well, you’re making sure that you’re drinking enough water, you’re making sure that you’re taking care of yourself. It might be that you know, you making sure that you, you know, spending time for your spiritual time, you’re allowing time for spiritual time every, every day. It may be that you’re allowing time, you making sure that you’re spending time exercising, whether it is just going out for a walk, whether it’s going for a run, whether you invest in a personal trainer, whatever it is, whether you join a gym, that you make sure that you’re prioritizing your health important, super important to make sure you’re prioritizing your health.

And the fourth thing to, to invest your time and your money in, and this may need a financial investment or this investment may be a part of the education, investment is your personal growth. Because to be honest, if I look at most of our students, and if I look at even myself, 99% of what kept me stuck was not the skillsets, was not learning how to do it, it was what was happening in the six inches between my years. And so what is really important to make sure that you’re investing in your personal growth, investing in you. Okay? Now remember, if you invest, if you invest money, you’re going to get compound interest. And so your your investment, if you invest, say you invest a thousand dollars a year in, um, whatever, okay? In 25 years time, you won’t have $25,000. You will have a lot more than $25,000 because of compound interest.

And I want you to look at your investment in yourself and your education, in your personal, in your health, in your personal growth, um, and in looking after your finances is going to have the same compound interest. It’s not going to be a linear growth. It is going to be a, it’s gonna compound. So you’ll have a, a growth. So instead of, you know, here’s your investment, here’s time, and instead of the investment is going straight up like that, it is going to grow e exponentially with time. Okay? So the first, so the first thing was changing your change your thought process. The second thing was there’s, you need to diversify your investment. The third thing I wanna talk about is, is how and where to invest in yourself. Okay? Um, and this comes down to doing your research. Do your research and find out people who can serve you, who have been where you are at, who are where you wanna be, okay?

Who are still not only talking the talk, but walking the walk. In other words, people who, there are a lot of coaches out there, a lot of coaches of network marketing coaches, and I’m not going to dis any network marketing coach, but I will say that there will be some network marketing coaches who are not actively building network marketing businesses and therefore, um, you know, are teaching from theory rather than from practice or maybe built network marketing businesses 10, 15 years ago. And what they’re teaching now is not really effective, okay? So, you know, find people who are teaching from experience and not just from theory, okay? People that you resonate with. This is important because if you don’t resonate with the people that you’re going to invest in, um, you’re probably not going to jive with them. It’s not going to, it’s not gonna ring true, and you may not get the results that you wanna get, okay?

But have a good track record, okay? Have a look at the testimonials that are out there, okay? And I’m going to put a little asterisks there, okay? Because there may be some bad reviews, there will be bad reviews on every single course out there because people, some people, and let me know if you agree with this. Some people think that they’re going to invest a lot of money in a training and just by investing in the training, ha somehow by osmosis, all the information is going to get into, into this their brain, and they’re going to see the results. And they don’t take any action. They don’t actually get into the course, they don’t learn the skillsets, and they don’t take the action that is, that is required in order to get results. So I’m going to give that a proviso, get testimonials from the people who are, are actually doing the course and taking the action, okay?

Because if they’re taking the action, they’ll be seeing the results. Okay? All right. You know, when it comes to your finances, and this is personal, your personal development as well is making sure that you, um, might have to change your money mindset. You may have grown up never having money. You may have grown up, you know, literally living with your parents, living paycheck to paycheck, or maybe not even having enough money at the end of the month to put food on the table. And, you know, you may have grown up thinking, oh, you, you always need to work really, really, really hard. That’s my mother, always need to rework really, really hard in order to earn money. Okay? And, you know, so I was always of the mindset that my calendar needs to be full. I need to be working really, really, really hard if I wanna be making money.

And I couldn’t be further, further from the truth. I work less now than I ever have, ever, and make more money now than I ever have. So it is not about making sure that you’re always working hard, but it’s working effectively, okay? And using automation, love automation. So when it comes to your personal growth, I’m talking about, you know, how and where to invest, who to invest with, making sure that you’re investing with people who, how they talk the talk, but walk the walk. But when you’re growing your business, your personal growth and your personal change, investing in your, in yourself and your mindset, um, is, is gonna be key to growing your business. And I want you to think about what you focus on, because so often, and in fact I was on a coaching call, I still invest in my personal growth, and I was on a coaching call last month, and, um, my coach was talking about, you know, what, where, where is your focus?

Because talking about things that I don’t want. And he said, but you’re focusing on things that you don’t want instead of focusing on what you want. And whatever you focus on, the, the universe God is going to is is just wants to give it to you. But if you are always focusing on what you want, then that is what you’re going to attract. Because that’s what your focus is on. That is what your energy is going to on what you don’t want instead of what you want. Okay? Now I wanna talk a little bit about, about love as well, because so often it is us not loving ourselves, that keeps us stuck. It is not thinking that we’re not worthy of successes, thinking that we’re not worthy of massive success. Maybe it’s thinking that we’re not worthy of, of working a couple of hours a day, maybe a couple of hours a week.

It’s so often we think that we are not worthy of success because we don’t love ourselves, okay? Um, so this whole journey, this whole investment journey starts with the idea that you love yourself. And if you don’t love yourself, let me know in the comments. If you don’t love yourself, can you start by from today, by looking at yourself in the mirror and telling yourself that you love, I love you. I challenge you to do that because this whole investment process comes from a place of self-love, okay? And self-belief and belief that you are worthy of it. Okay? The fourth thing, the fourth thing in this, in this investment and how to invest in yourself is building in rewards. If you don’t build in rewards along the way, you’re gonna give up very quickly, okay? And I want you to imagine that you are climbing, um, a climbing a mountain, okay?

And if your reward is only gonna be when you hit the peak, okay, that reward is gonna be very short-lived. And then it’s like, oh, okay, well, that’s it, that’s gone. I want you to learn, and this is really important to learn how to celebrate every single win along the way, um, and to celebrate it in your body when you feel a win, when you have a win, whether it is taking that first step, whether it is investing in yourself, whether it is doing your first live video, whether it is just having a conversation with somebody that you’ve been, that you’ve been anxious to have a conversation with, whatever it is, whether it is investing, like investing in and doing your first module in your course, celebrate the win and done. I’m not gonna do it now, but jump up and down and celebrate and celebrate, celebrate the, the fact that you love yourself enough.

Celebrate, celebrate, celebrate. Okay? Don’t wait until you’ve hit your big goal, because if you wait until you hit your big goal, you, it’s, that’s way off in the distance. Just like climbing a mountain. Could be how many hours of hard slog climbing a mountain just to have a quick who at the top of the mountain that, that you hit the top of the mountain instead of celebrating every single step along the way. Really important to celebrate every single step along the way. Okay? Um, and I actually just wanna leave you with a, with a thought. If you know the bamboo story, you know that if you go and plant a bamboo seed, um, and water it and feed it, and you go back the next day and you go back the next week and then the next month and the next year, and there’s nothing, and you go back two years later and there’s nothing, you go back three years later and there’s nothing.

You go back four years later and there is nothing. And you go back five years later and you have a 50 foot bamboo. And what that has been doing, what that bamboo seed has been doing is putting roots down into the ground. It’s been building and building and building roots so that when it does grow, the foundations are so strong that bamboo is never going to fall over. And I want you to relate your personal growth and your investment in your business to the bamboo, because you may not see results immediately. The results may come down the road, they may not come, they may not come in a week, two weeks, a month. They may come in six, six months. They may come in a year, they may come in two years. I don’t know. I don’t know when it’s gonna happen for you. But what I do know is that if you invest in yourself and you invest in your business, in your, in your education, in your personal development, in your health, in your, in your finances, when you make sure you look after your finances, if you do those investments, okay, that you are building roots so deep, so deep that when your business does skyrocket, okay?

And whenever that may be, because it may not be immediate, but whenever your business does skyrocket, your roots are so strong that nothing is going to stop you. That you have such a strong foundation that you can grow. And literally the sky is the limit. Okay? Let me know what your biggest takeaway has been from this. I would love to hear. Um, but if you want to learn more and you want to invest in your network marketing business and learn how to get more sales using social media and using automation and grow your business and get the results that you wanna get from the beaches who have been where you are, I can promise you we have been where you are and we are where you wanna be. Okay? Then just click the link above this video and we will help you get there. Excited to see you, and thanks for joining me. I hope they hope you got a ton of value from this. Cheers. Bye.