Who do you rely upon for guidance and direction as you are building your network marketing or home business? Do you have a pool of advisors in place to assist you? If you don’t, here is a powerful technique you can use to start putting an advisory group in place and it’s a technique you can start using right now, regardless of the number of people you may know or have in your network.

Stepping back for a moment, in one of my previous articles I expressed the opinion that you own the responsibility for becoming your own guru in your network marketing business. The key point is that you need to take responsibility for your own decisions rather than relying upon someone else to make those decisions for you. However, that’s not to say you should do it all on your own. You still require guidance and advice from time to time to help you make the best decisions for your business.

One of my favorite authors and speakers is Andy Andrews, and his book The Travelers Gift is a must read for any student of success. One of the key concepts Andy speaks about is the importance of having a personal Board of Directors.

A Board of Directors is a group of people who you can mastermind with and from which to seek counsel when it comes to areas of your business. They are there to advise you in the affairs of your business.

The question becomes who should you put on to your board of directors? With respect to your business, one of the key considerations is your income goals. It is said that your income will tend to approximate the average earnings of the five people you spend most of your time with. Let us suppose that your goal is to earn $1 million in the next 12 months. If that is the case who are people that you are going to put on your board of directors who are already earning $1 million or more in a year?

If you are serious about your goal then you want to identify those five people and place them onto your board. The cool thing about this is that they need not necessarily even be aware that they are a part of your board of directors. You can take counsel with them even if you have never met them.

For example, perhaps you would like to have Donald Trump on your board of directors. There are many ways to plug into Donald Trump and benefit from his experience. You can do that through books that he has written , audio he has recorded and interviews he has granted. These are all ways of tapping into and masterminding with a member of your board of directors even though you may never have a personal conversation.

What that means is that you are not limited in terms of who you can place on your Board of Directors. Indeed you can let your imagination run wild and really put a lot of creative thought into who you would like on your board. Once you have established your board of directors, the key is to ensure that you consult and meet with them regularly. Which ever medium by which you choose to use to do that, make a habit of plugging into their teaching and advice regularly.

You are not limited to applying this technique only to your business. Take the time to identify each of the key areas in your life where you would benefit from having a board of directors in place. For each area you have identified, start brainstorming the names of advisors you would like to have on your board. Then go about selecting the five people who are going to sit on that particular board based on the knowledge base and level of demonstrated competence for that particular subject area.

Copyright © 2009 by Warren Wojnowski, All Rights Reserved

Tags: andy andrews, board of directors, mlm articles, mlm success, mlm success tips, network marketing business, network marketing success, network marketing success tips, network marketing tips

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