One vital statistic that your sponsor invariably doesn't share with you when you get started in network marketing is that around 95% of people will say no when you invite them on board your business.

Don't take this personally - it isn't you they're rejecting. If you focus on finding people who are in the market for what you have to offer, as opposed to pitching your business to every Tom, Dick and Harry, your conversions should improve.

But the most important network marketing tip is make sure there’s money coming in while you're prospecting to build your business. So if you could find a way of offering these "non- joiners" something that’s of real value to them, that they would happily pay you for, wouldn't that be cool?

To generate an income from the people who say No, you need three things:

1. A proper marketing method for generating targeted leads.

Don't rely on your "warm list" to build your network marketing business. You should be targeting people who are ALREADY looking for a business opportunity. In all probability you won't know too many of these, so go find them online. Learn the different marketing strategies for finding hot prospects on the internet, pick one or two that you like - and get really, really good at them!

2. A funded proposal.

A funded proposal pays you commissions from those who join your network marketing business - and those who don’t - by offering them lower-priced items up front that they truly do need. Such items might include lead generation training, web hosting accounts and autoresponder services. Maybe even a blogging course. This will fund your business as it grows and build a list of prospects who are getting warmer by the minute, as you provide the network marketing training they so badly need.

Don't worry, you don't need to create your own products - not yet, anyway.

3. An, easily set up, customizable system that brands YOU (not your business), is easy to duplicate and makes money on autopilot.

One of the best network marketing tools you can equip yourself with is a top-notch attraction marketing system, with customizable landing pages, valuable training and built-in affiliate programmes. What an attraction marketing system does is enable you to attract the right prospects to you, online. Prospects who are serious about network marketing and looking for information that will help them to build their businesses.

Some of these people will eventually join you in your business. Most won't. But many will want to take advantage of the essential network marketing tools that you'll be offering as an affiliate – and you’ll get commissions on those sales.

It's tricky to choose between maintaining positive cash flow and generating sufficient quality leads as my top network marketing tip. They're both vital, but cash flow wins by a whisker. If it takes longer than anticipated to find good people for your business, it doesn't matter so much if you have money coming in.