Why a Big Number of Network Marketers Fail –
This can help you get started, and you might even find a friend or two that choose to join you in the business. You will be flying high at this point, but what you don’t know is that failure is probably lurking right around the corner.
What happens is this. You plow through your warm market. You get some product sales and if you are lucky you get a business builder to join you. Then, you run out of people to talk to. You are left scratching your head, wondering how you are going to build this thing up if you have no more friends and family to pitch your opportunity to. This is normal, and is a feeling that a majority of network marketers feel at some point.
It’s not a big secret that 97% of the people who get into network marketing fail.Most of these people fail not because they have the wrong Netwwork Marketing,MLM company, poor upline support or even crappy leads.
Most people fail in network marketing because they simply don’t have enough Knowledge and motivation to drive them to do the actions they need to do in order to succeed.
Your Network Marketing Company is failing. They are failing to teach you modern day business building strategies. They are failing to teach you the secrets of the top earners, and because of this you’re staying broke. The pain, struggles, and the frustration you have endured while building your business ends, right here, right now. If you’re struggling to build your business, tired of rejection, bugging your friends and family,then you must watch this!
MLM Recruiting Secrets Your Upline Doesn’t Want You To Know!
Lack of Training/No Self Growth: If you are unteachable or aren’t willing to invest in your self growth you will fail. The other end of the pendulum is desperately wanting training but not having any available. I n that case you need to go outside of your company to do it
No Goals Set: As the famous saying goes, “If you fail to plan, you plan to fail.”
Trying Any & Every Program and never committing to any of them. It takes times to build a business, and you just can’t quit and try something new because it didn’t work the first few times your tried it. Get someone to help you who knows what they are doing. Have them watch you and give you suggestions.
Procrastination: Need I say anymore. Get off the couch and take action. Record your favorite show and watch it when you are successful and can afford to take the time.
Non-Consistent Action: Only doing your business when it is convenient or doing it every now and then will not bring you success. You must have actions planned every business to make your home based business grow.
Fear: The only thing I can say about this one is that you have a choice. Your fear or success. You can’t have both. You might feel like your heart is going to pound right out of your chest the first time you go to talk to a stranger about your opportunity, (mine did), but when you get your 1st, then your 10th, then your 50th recruit, you will be so glad that you did.
Lack of Leadership: This is the one I can relate to the most. I spent years looking for someone to lead/mentor me. I am so thankful that I did 5 years ago, it made all the difference. If your leader isn’t helping you then find someone who will, and learn from them. If you don’t have someone who is willing to help you. Would you consider me?I can’t do everything that a leader does for you, but I would sure love to answer any questions if I can and to congratulate and applaud you on a job well done.
You join for the wrong reasons: Most of us join a Network Marketing Company to make money, right? Of course you want to make money, be a top earner and live a better life. But if this is your only motivation for joining a Network Marketing Company you may fail.Think of a restaurant. If you walked in the door the place was dirty, the employees were rude, the atmosphere was dull, the food was okay, and all they cared about was getting your money, how long would this place be in business? Now think of your favorite restaurant and why you frequent the place. Probably because the food is good, the employees are friendly, the game is showing on the big screen, the atmosphere is inviting; you get the picture.If you join a Network Marketing Business because you want to help others achieve the same success you want to achieve, or because the product you’re offering will help improve someone’s life, or you’re interested in meeting new people and building life long relationships, you will find success in this industry. Money is a by product of all these things.
Lack of self motivation:One of the great things about running your own business is you don’t have someone looking over you shoulder making sure the job is getting done. You set your own hours, time frames and decide how busy you want to be. This is good and bad. Running your own business takes motivation on your part. It’s very easy to get distracted or put it off because something “more important” came up. Have you ever found yourself logging into the computer with intentions to only check your email or pay some bills and you get the famous “you have a new post on your wall”? Well of course you want to read your new post and find out what is going on in the friend world. Several hours have gone by and you totally forgot why you got on the computer in the first place. It’s very important to set aside a set amount of time every day to work your business day or night. Every ones life is different and there is no golden rule of how much time to devote to your business. If you only have an hour a day this is better then nothing. Of course the more time you devote the faster you will find success.
Here are some of the reasons why I feel many people in this industry give up.
Rejection:This is hard for everyone and its human nature to question yourself after you have been rejected. This is common in all businesses and life in general. The best way to deal with rejection is learn from it. Remember not all rejections have anything do to with you, the product you’re promoting, or the way you’re promoting the product. Many times there are unknown and private circumstances affecting your potential customers.
Not earning money quick enough:Unfortunately many people who get involved in the Network Marketing Industry treat it like a “get rich quick scheme” and not a true operating business. Their perception can be created by those that flaunt their success with photos of their big houses, nice cars, and pretty girls sitting by the swimming pool. The fact is this is a business that takes time and dedication to become successful. Take the average brick and mortar business for example. This type of business will take 5 years to become established enough to finally turn a profit.You have not thought of your “WHY”What is your reason for being in business in the first place? Why do you want to find success in Networking Marketing? Your “WHY” has to be a reason to push you everyday to get up and work your business. Your “Why” has to be strong enough to push you through the hard times and negativity you will encounter on a regular basis. So dig deep inside yourself and come up with your reason “WHY”
Lack of funds:This is a big one for most people in this industry. Most Network Marketing Companies require some sort of monthly order (autoship) in order to earn commissions and take part in bonus payouts. What makes these monthly orders difficult is you may not see a profit from your business for many months. That means you have to be willing to invest in your business upfront in order see these profits in the future. So, how do you start generating profits from your business quickly. First, you must be selling your products to others. By selling your products at retail prices you immediately earn the difference between your wholesale price and retail price on that product. If you’re a website owner or blog owner you should be taking advantage of the affiliate marketing industry to generate revenue from your visitors, whether they join your business or not. There are many quality products in the market place that can help Network Marketers build their business and you can earn commissions by referring others to these products.
You run out of prospects:Your network of family and friends is only so big. So how do you continue to generate leads to your Network Marketing Business? The Internet, newsletters, blogs, social networking (Facebook) and a lead generation system.
Today’s technology allows us to target the entire globe with one click of the mouse. Don’t be afraid to embrace this power and use technology to your advantage. Find out what online marketing techniques are a good fit for you. Before you start any kind of online marketing campaign keep this in mind at all times. All your marketing campaigns must provide 90% value to your visitors and only 10% marketing. By providing valuable information to your visitors they will keep coming back to your site, or Facebook to learn more about what you have to say.
If you join for the right reasons, stay motivated, don’t give up, discover your why, realize this is an investment in your future, and don’t be afraid to embrace technology, you will find success in the Network Marketing Industry.