Most Network Marketers fail. Allow us to hit you with a staggering fact: a whopping 97 percent of Network Marketers fail in their MLM business. Pretty sad, right? Now you're probably wondering what makes these network marketers fail because you want to make sure you don't follow in their footsteps, correct? We'll gladly share the reasons as to why they fail and some tips that will help you to not become a part of that alarming statistic.
When you jump into the network marketing industry you HAVE to have the right mindset! Having the correct mindset goes beyond just thinking you're going to have all the success in the world as a network marketer. You have to realize that you are going to come across roadblocks and you are going to have bad days. Some days you won't even feel like dealing with being a network marketer. And there will be some times where you feel hopeless and you want to give up. But the key is, you can never give up! You have to maintain the same level of excitement and enthusiasm that you had when you first joined your MLM Company throughout any times of discouragement. Never give in to a defeated attitude because when you do you become just that, defeated. You can and will succeed in this business!
Another reason why most network marketers fail is lack of leads. Your upline tells you to chase around your family and friends and to build a list of people you come in to contact with regularly (ex: dentist, mailman, hair stylist) and pitch your business opportunity to them as well. We're willing to bet top dollar that you haven't had much success in doing this. In order to tap into that oh so lovely compensation plan that your MLM Company has to offer, you have to have thousands of reps in your downline. So what happens when you've depleted your list of potential reps? You're back at square one.
Lack of funds is also a reason for failure in this industry. After you host parties, buy promotional items, set yourself up on autoship, and go to a few conferences you're pretty much spent. Your business pretty much had what we like to call "the grand opening...grand closing effect". You end up spending more money than you're actually bringing in for your business.
One thing you need to know is that these things happen, and they happen to the best of us. The good thing is there is a solution to these problems! There are a few HUGE marketing strategies that your upline has not told you and that is what's keeping you from reaching the big bucks. The only place you can reach the massive amount of people you need to join your downline is the internet! On the 'net you can find thousands of hungry marketers who want nothing more than to be led by you right into your business opportunity. So how do you find these people? You have to get an attraction marketing system! Such system will virtually attract thousands of targeted leads right to you. To gain access to this you have to unlearn the network marketing ways of the past and allow the attraction marketing system teach you how to become an expert at leading prospects to your business. Once you as well as other network marketers have executed this, the sky plus some will be the limit for your success!
When you jump into the network marketing industry you HAVE to have the right mindset! Having the correct mindset goes beyond just thinking you're going to have all the success in the world as a network marketer. You have to realize that you are going to come across roadblocks and you are going to have bad days. Some days you won't even feel like dealing with being a network marketer. And there will be some times where you feel hopeless and you want to give up. But the key is, you can never give up! You have to maintain the same level of excitement and enthusiasm that you had when you first joined your MLM Company throughout any times of discouragement. Never give in to a defeated attitude because when you do you become just that, defeated. You can and will succeed in this business!
Another reason why most network marketers fail is lack of leads. Your upline tells you to chase around your family and friends and to build a list of people you come in to contact with regularly (ex: dentist, mailman, hair stylist) and pitch your business opportunity to them as well. We're willing to bet top dollar that you haven't had much success in doing this. In order to tap into that oh so lovely compensation plan that your MLM Company has to offer, you have to have thousands of reps in your downline. So what happens when you've depleted your list of potential reps? You're back at square one.
Lack of funds is also a reason for failure in this industry. After you host parties, buy promotional items, set yourself up on autoship, and go to a few conferences you're pretty much spent. Your business pretty much had what we like to call "the grand opening...grand closing effect". You end up spending more money than you're actually bringing in for your business.
One thing you need to know is that these things happen, and they happen to the best of us. The good thing is there is a solution to these problems! There are a few HUGE marketing strategies that your upline has not told you and that is what's keeping you from reaching the big bucks. The only place you can reach the massive amount of people you need to join your downline is the internet! On the 'net you can find thousands of hungry marketers who want nothing more than to be led by you right into your business opportunity. So how do you find these people? You have to get an attraction marketing system! Such system will virtually attract thousands of targeted leads right to you. To gain access to this you have to unlearn the network marketing ways of the past and allow the attraction marketing system teach you how to become an expert at leading prospects to your business. Once you as well as other network marketers have executed this, the sky plus some will be the limit for your success!