|
|
|
|
|
|
|
|
|
|
|
There dozens of reasons why any one individual might not be successful with his/her network marketing business... or any other business for that matter.
Here are a few that I can think of right off the top of my head:
NOT TREATING IT LIKE A BUSINESS...
Network marketing or MLM is just another method of distribution of a product or service. It is a "business" in every sense of the word. Many new distributors do not realize that all the same skills and dedication to effort, that are required to be successful in any business, are needed in their MLM business.
UNREALISTIC EXPECTATIONS...
Unfortunately, this industry has the reputation of making it sound too easy. Distributors, in their eagerness to build "any" type of organization, paint too rosy a picture to convince a prospective distributor to come aboard. This is a disservice to the industry, the recruiting distributor, and to the prospect. Experienced and successful distributors do a lot of "sifting & sorting" to find the right prospects for their organization. They require that the prospect jump through a lot of qualifying hoops to become part of the team.
NOT BEING TRAINABLE...
If you cannot, or will not, take coaching and instruction then MLM is not for you. Surprisingly, those with strong professional selling skills are often the worst choice you can make for potential team member. They often think they must "re-invent the wheel" to conform with their selling experience. Your successful upline "knows" how to work your business. Follow their lead and duplicate the already successful system.
POOR CHOICE OF UPLINE...
Your choice of your upline sponsor is critical to your success. Most new distributors give little or no attention to this important detail. If you sponsor is not a good trainer, or is not willing to implement the systems necessary to support YOU... then you have the wrong sponsor. Your sponsor, in the truest sense of the phrase, is your "partner in success". A bad one can stifle your success... a good one can skyrocket your profits and greatly shorten our learning and selling cycle.
If you have a sponsor who is not serving your needs then work upline until you find someone who will give you the support you need...and have every right to expect.
POOR CHOICE OF COMPANY/PRODUCT...
Always look at the product first. If you would not "willingly" buy the product and enjoy it's benefits... why do you think anyone else would? Marry the product with your own interests and needs. If you are interested in wellness, health & fitness, etc. then select a company who has a leadership position in these product lines. Don't try to sell something you can't get enthusiastic about... and which does not fill a proven need in the marketplace. Never mistake the "comp plan" for the opportunity... the opportunity is in the product. The most lucrative pay plan in the world will not pay you a dime if you cannot sell the product... and the customers do not willingly re-order.
NOT DEALING WITH CONSUMABLE PRODUCTS/SERVICES...
Your success or failure with any MLM will be greatly determined by the "consumability" of the product. If the product is a "one-time" purchase the success of the MLM model is doubtful. Residual income depends on the consumability of the product.
YOUR OWN LACK OF DISCIPLINE & PATIENCE...
No business becomes successful instantly. MLM is no different. You should become involved with any MLM only if you are willing and able to commit a minimum of one year of hard work to the building process.
YOUR UNWILLINGNESS TO COMMIT MONEY & TIME TO BUILDING YOUR BUSINESS...
Building any business requires a certain commitment of time and money to succeed. You must make available a minimum number of hours per week to "work" the business... and you must be willing to invest the money necessary for advertising, supplies, lead generation, etc. MLM is NOT a get-rich scheme, despite the wild claims made by some. Network marketing IS a business that requires the same level of dedication that getting to the top of any Fortune 500 company takes.
With MLM, however, YOU own the company and there is no arbitrary boss determining your worth.
© Copyright 2004-05 Thom Reece All Rights Reserved
Thom Reece is the CEO of On-Line Marketing Group, a direct response marketing creative agency in Hawaii. His primary websites, the On-Line Marketing Resource Center (http://www.e-comprofits.com) and MaxxMLM.com (http://www.maxxmlm.com), and Opportunity Universe (http://www.OpportunityUniverse.com) are visited daily by thousands of entrepreneurs seeking answers to marketing challenges. Thom can be reached by email at: thom@e-comprofits.com
Wind Chimes and more... There are so many misconceptions flying around out there about... Read More Many Network Marketing distributors overlook for some reason the small... Read More Put simply, Network Marketing is just a way for businesses... Read More It is amazing.Every where I have the honor of speaking,... Read More The Ultimate Business Building Goal in MLM.In this MLM training... Read More Send this to your downline. It will give them a... Read More A man with doubtful mind, lack of self confident, inaction,... Read More Opt-in MLM leads are one of the best ways to... Read More The secret of success is following a proven system. As... Read More There are many moms that have made the decision to... Read More How do you succeed in MLM without really trying?... you... Read More Expensive.VERY expensive.That is what LOA is in the network marketing... Read More Do you routinely sign up thousands of direct referrals? Me... Read More Lately, I have been happily attracting leads for my Internet... Read More There are many things that can take you out of... Read More A back-end product is a product you attempt to sell... Read More Ok...you have a new distributor. What do you do with... Read More So, you have decided to jump into the Network Marketing... Read More What is MLM Prospecting?According to Webster's Dictionary, prospecting is looking... Read More Let's face it! Most people who join a Network Marketing... Read More What stops most people in MLM and Network Marketing? After... Read More The subconscious mind is a very powerful thing and if... Read More Do people that are successful in home based businesses share... Read More What do you say to a small business owner? How... Read More We've all seen them before ? businesses that promise great... Read More
Windchimes
for great gifts!
What Network Marketing is NOT
MLM Training - The Network Marketing Success Secrets of Recruiting Small Business Owners
Why Network Marketing?
MLM Recruiting - The 5 Types of Network Marketing Recruiters in MLM
MLM Success Training - The ONE Secret to Building a Massive Wealth Structure in MLM
The X Factor of MLM Mega Earners
The First Step To Massive Success Is Personal Development
Opt-In MLM Leads Are Good Prospects To Grow Your Business
Systems Dont Fail But People Do, Does Your Company Has All Necessary Systems In Place?
The Value Of Networking With Other Moms
How to Succeed in MLM Without Really Trying
MLM Training - The TRUE COST of Your Lack of Action in Network Marketing
How To Get a Big Downline Without Being a SuperPromoter
What is a Lead Worth?
Network Marketing Training - The Three Landmines of MLM Success
10 Killer Ways To Sell Your Back-End Products
MLM Training - Creating an EXPLOSIVE Start with Your New MLM Distributor
MLM Opportunities: The Top 7 Things You Need to Look for and Ask About in an MLM Company
MLM Prospecting- The 4 Steps to BLAZING Network Marketing Prospecting
EXPLODE Your Network Marketing Team Into An INCREDIBLE Recruiting Machine!
Network Marketing Success- The Top 3 Secrets of Network Marketing Success
Home Based Business on the Internet
Common Work At Home Success Characteristics
MLM Success Training - The Top 15 Power Phrases for Recruiting Business Professionals into MLM
MLM vs. Consumer Direct Marketing Business Opportunities
The source of frustration addressed in his article may be... Read More
The Ultimate Business Building Goal in MLM.In this MLM training... Read More
It is sad many people look at previous mlm experiences... Read More
As far as your Network Marketing business, Let me ask... Read More
The time to start an online MLM business has never... Read More
There are many ways to build an MLM business, and... Read More
As with any other start up, a new multi-level marketing... Read More
Okay, so you're working from home and you need a... Read More
The MLM Business you are REALLY In.In network marketing, you... Read More
Once upon a time in Marketing Square, there lived a... Read More
Have your ever wondered why so many of your friends... Read More
People have been finding ways to make money to make... Read More
Network Marketing, 'MLM', and Multi Level Marketing are all terms... Read More
Bookmark this page and refer back to it! Send it... Read More
I have to start this particular article with this disclaimer.... Read More
One of the most powerful secrets to recruiting in network... Read More
Expensive.VERY expensive.That is what LOA is in the network marketing... Read More
Let assume you found the perfect mlm business, you did... Read More
Terms such as Network Marketing, 'MLM', and Multi Level Marketing... Read More
The secret of success is following a proven system. As... Read More
Recent discussions with fellow network marketers have centered on whether... Read More
You've done it. You've signed up with a network marketing... Read More
There is a phrase in MLM Recruiting that we call... Read More
Finding balance in your close business relationships... talk about a... Read More
Some networking companies are built around gaining customers, some around... Read More
Network Marketing |