Network marketing is probably the best business model the
average person can use to achieve real success in their
life. The low start up costs, excellent training and
support, and the friendship and mentoring of other like
minded people all combine to make it a real opportunity
that is available and easily accessible to people from any
walk of life.
But most people fail miserably. Why is that? Well,
first of all, it’s important to realize that most people
fail in any type of business venture. Look at the facts:
-95% of small businesses are out of business within the
first five years according to the Small Business
Administration (SBA)
-According to the Social Security Administration, by age
65 only 1% of Americans are wealthy, 4% are financially
independent, 5 % are still working (against their will!)
36% are dead, and 54% are flat broke.
Both examples point to the same thing: Only five percent
of people succeed in life. Just five out of a hundred
businesses make it, and just five in 100 people earn
financial independence in their lifetimes. This is
important to understand, because the failure rate of
network marketing (which happens to be 95%) is easily
misunderstood, and the industry as a whole is condemned
because of it.
So if the problem isn’t really the industry as a whole,
but simple human nature, are ninety five percent of us
doomed to failure and there’s nothing we can do about it?
Of course not! As a matter of fact, often times the
difference between the successful and the not-so-successful
is very small. Usually a difference in choices,
mindset, and that elusive quality entrepreneurs call
“intestinal fortitude”. Successful people just don’t quit
as easily as most.
So, assuming you have the qualities of success, and you
want to succeed in Network Marketing, it’s important to
know why it is most people fail, and how you can avoid the
pitfalls.
So here are the four main causes of failure:
1. Lack of money
This one is a deal breaker for a lot of people. They just
don’t have the money to market their business. Often
times, they joined the business and didn’t understand that
it was a business! Yes, Network Marketing is a business.
But it’s unique from all other businesses in that you start
at the top of your organization, and work down. In
traditional business you start at the bottom and work up,
but not here. You are, on day one, the CEO, President,
Vice President of Marketing, and Chief Bottle Washer all
rolled into one! And your business needs to be marketed.
The days of “Make a list and talk to your friends and
family” are all but gone. That method may work for a short
time, but who are you going to talk to when you run out of
friends and family? You need to market your business.
Whether it’s through calling purchased leads on the phone,
marketing to a lead capture and sales page, running ads in
papers, or doing meetings and parties, you need money to
professionally market your business.
The good news is that you don’t need very much money. And
with the emergence of the internet, I’m proud to say that
the amount you need is going down while the results are
going up. As a matter of fact, my leads now pay me! Talk
about a paradigm shift. I used to spend hundreds of
dollars every month marketing my business, now my marketing
budget is funded 100% through my marketing efforts. More
on that later.
The first thing you need to realize about Network
Marketing is that it’s designed to be part-time. There are
people that desperately need to make money, that just flat
out shouldn’t be in the business yet. The idea is to have
a J-O-B (Just over broke!) that makes you enough money to
live on, and spend $50-200 a month on marketing your
network marketing business. Once your business gets going,
make sure and invest a portion of your income back into
your business. I invested 20% of my commissions into my
business for the first nine months, and when my Network
Marketing income exceeded $4,000 a month, I didn’t have to
spend near that much any more. But investing 20% was more
than enough to get my business up to a full-time income. I
know other people that invest ALL their money back in until
they make a full-time income. The point is, make sure your
financial house is in order while you build your Network
Marketing business, or it takes a lot of the fun out of it.
2. Lack of Activity
This one will drive you nuts if you are a leader in your
organization. You find somebody great, they have all the
skills, they are willing to invest in their business, they
look good, smell good, sound good, but they don’t DO
anything! And you spend your time coaxing, prodding,
inviting, chauffering, paying for their convention ticket,
but in the end it’s all a waste of time. Remember the
statistic: 95% fail in ANYTHING? Well, this is a major
reason why. And you can’t do much about this, all you can
control is you. Here’s the best advice I can give on this:
1. If you want your team to go into momentum, YOU have
to go into momentum.
2. Work with the willing. Those that would rather
watch the season finale of latest reality show, rather
than work their business, just aren’t going to the top
with you. Don’t waste your time. Keep looking!
Remember, “You can run with a thousand, but you can’t
carry three.” -Jim Rohn
If a person is struggling with activity, it’s probably for
one simple reason: They don’t want it bad enough. If
their why is big the how becomes easy. But again, you
can’t fix this, you simply have to go through the numbers
until you find those passionate few that really want
success, then sprint with them. If you are personally
struggling with your activity level, you need to evaluate
your why. You simply don’t have enough passion for what
you’re doing.
3. Lack of People to Talk To
There are three types of leads in Network Marketing:
1. Warm Market. These are the people that already know
you and (hopefully!) trust you.
2. Purchased leads.
3. Self Generated leads.
Your “Warm Market” is a list of people that already know
you, like you, and trust you. Your Warm Market is your
personal network. According to Paul Zane Pilzer, author of
“The Next Millionaires”, this personal network is absolutely
key to your success in any venture you attempt. In Network
Marketing this is especially true. Even if somebody in
your warm market isn’t interested for themselves, they have
their own network that they will open up to you if they
trust that you will show respect and be professional in
your marketing to their friends and family. Warm Market
leads are great because they are free, the problem is that
most people in Network Marketing never graduate past their
list of friends and family. And very few people are ever
going to be good at cold market prospecting. But if you
work your warm market effectively, you will probably find a
handful of leaders for your organization, and learn the
skills and company knowledge you need before heading into
purchased leads and self generated leads.
The next type of lead is a Purchased Lead. These are leads
that you purchase from a “Lead Broker”. Purchased leads
are easy to get, there are a million lead brokers out there
selling batches of leads, in varying quantities. Be
careful, and make sure and deal with a reputable lead
broker, but leads can be a good way to go, especially if
you are new. But I recommend that as soon as possible you
learn to generate your own leads.
Self generated leads are the third type of lead. One
method of self generated lead I really like is called a
“Funded Proposal”. This method is a lot of fun, because it
not only generates good quality leads, but it makes you
money! For example, here’s how I do it. I found a book on-
line that I really like. It cost me $27, and has full re-
sale rights. What that means is that I can sell the book
for whatever price I want, and keep all the money. The
book I sell is called, “Net MLM Profits”. The reason I
like to sell it is because it has so much good content for
network marketers, teaching all the latest on-line
strategies
and skills network marketers need to succeed in their
business. To market my e-book I have a
Capture Page and a Sales Page where people can buy the
book. I charge $27, the same price I paid. I then market
the book on the internet (I learned how to do that in the
book!)
Now, this is where it gets fun. Who would be interested
in a book about succeeding in Network Marketing? That’s
right, Network Marketers. Who responds to my
advertisements and goes to my sign up page? Is the light
bulb coming on for you right now? I hope so. You see,
every month I generate HUNDREDS of qualified network
marketing leads. And enough of them buy the book that it
pays for my web-site, my advertising, and even makes a
profit! It’s the best system I have found for generating
leads. To see the system I just described go to:
http://escapethematrix.net
4. Lack of Skills and Knowledge
This is the fourth reason people fail in the business.
Who can learn something new? Anybody can if they want to.
But how many people are willing to? Did you know that 65%
of High School graduates never read another book in their
life?! Sad but true. Referring back to our 95% failure
rate, if the majority of people don’t even read a book
after High School, it adds a lot of light at the end of the
success tunnel for those of us willing to learn and apply
ourselves! It doesn’t take much to beat the masses. All
the wisdom of the world is available free on-line and at
the library, but here’s another statistic for you, only 3%
of Americans own a library card! Again, you don’t have to
be a superstar to get in the 5% club, you just have to be
willing to learn the skills and habits of success.
In Network Marketing the buzzword for developing skills is
“Personal Development”. Every decent Network Marketing
company that lasts long term has a culture of personal
development. What is personal development? The best
explanation I ever heard was this one:
1. Read at least 10 pages a day in a personal
development book.
2. Listen for at least 20 minutes a day to a good audio.
3. Attend a live seminar at least quarterly.
These are three habits that anybody can work into their life. It doesn’t take that much time to read ten pages,
just give up one half hour date with the idiot box. And
listening to 20 minutes of a good audio is easy for most
people as well, because we spend that much time or more
driving. The radio is nothing more than “bubble gum for
the brain”, why not turn it off and put on something that
can change your life? And again, personal development
audios are available from the library if you are on a tight
budget.
So those are the four main reasons people fail, and how to
succeed in spite of them. It has been said that, “a
problem defined is halfway solved.” Hopefully just by
identifying the four main causes of failure you now can
tackle your Network Marketing business with more confidence
and enjoy the “Rock Star” income Network Marketing promises.
lickingcountyohio
originals
myline
akcb
saintbarnabas
nbalxhf
krit-energo
donedeal
bzchze4
svg2stl
idroboss
edenred
maglobal
tpdigitais
cellbalans
organicglutenfreefoods
trenededel
speedyspeed
actualeigh
fotoaanpassen
sixorgans
chinshiko-outfit
mavimarmara
oceanodeprodutos
thedenofsmellyfeet
decohomeevaksesuar
cuesale
kelepir
nfc
traqline
avtomats
pti-cosmetics
quechua
youressentialstore
halcyoncoffeebar
rte-reso
guitarparts5150
hiswondersnaturephotography
coursee
neelanya
kontaktor
oxylane
hypage
aihoge
kriyus
ostan-ks
hds-solar
kristin
miff
rita
toysonejapan
countrycottagesonline
kuluckamalzeme
xmwan
reflets-2-france
nnzp
viconnector
phenerganbmx
maxicosirodifixboostercarseat
allwp
inesis
saprenco
classpro
mcilya
ellaworld
ourcow
denron
zetserialy
ftzsoftware
sesao30
eden-red
aemym
merengues
china-tomatopaste
officialinjuryclaim
tezisdoki
smserver
detroittradingexchange
dorni
sv-news
huggies
coveagestion
weeblmao
nargilesatisi
visplanner
techphobia
firmalar
shereheyat
bwise
kothasahitya
wake-app
sphere
sejahost
teverun
ibuytramadol
ikaoti
kiprun
boucheron
bank-247
mature-cuckold
probank
activeinmission
alga-card
jtjs
cottonwoodcoveresort
yazone5
germscheid-design
cubiksonline
scenariilandia
gutv24
fourtwentyhosting
firstfedindiana
timpy
xn--3kq3hlnz13dlw7bzic
nmfmzkpe
fenglige
sangix
accaps
tajersoft
stadarent
cec
niafam
xingkkk2
idramacool
apexict
vidumogo
addpv
cdasiaonline
zuhyxic
lsevacations
radbug
ajkerpatrica
safecenter
gegedns
royaltyexoticcars
codefree4u
sonnenmoor
softtechdemo
ops
juredandead
yavarda
aktophosting
pennicottjourneys
enpuz
internationalregistry
imageseo
codingwithmitch
sincopublicidad
forclaz
vf-serie
arteks-str
atacadaori
thecoolerbox
smar
eryuan
agora-escolha
coindebonreduc
joy-wsj
kipsta
icetruck
temporis-franchise
yves-st-laurent
carrefourmoney
elf-lub
ohgreen
safeer-e-aza
qwedating
wwcmp
steamhm
551
decathlon
kuechen-thiemann
goonpraisal
frioperpetuo
mantyke
trklx
cyws
francetv-info
ksimbacorp
sazhs
pvyjcx
copywithspice
scrub
electrailer
certifit
bangkokcompanies
heatingandairconditioningdeals
datasportinc
morebusinessdirectory
hillcountryweb
abneuro
creditrepairhouston
beamed
9le8
mrpeepers
radkoh
egyptbusinessgate
quatalmaerifa
fullfilmstream
dreambytegames
cfs
lescarrefour-deals
btwin
vend-it
mitexpo
blacktubi
inksem
scp-eq
tupuntoplay
megaland
a0labs
voipstgphones
edibleace
bdmusic28
kama
mendaftarkerja
k3s
dns4names
rsbank
sexybaddieshop
effie
vantrue
webdruglinks
cmf
geonaute
dsmanner
tdabbat
kclas
upperclassrecordings
thankyoupayroll
mixshared
psilosophy
mediatechnology
allyazilim
almenevskayashkola
digihang724
dutchtherapy
lendik
amf
truckstyler-shop
greenlinks
bizimsiparis
helios-house
bekkoame
buymi
rhshins
scanada
hellodolly999
gucciperfumes
korok
ptcruiserlinks
fameoncentral
decathion
disneystarwarscard
dairystatebank
sitesremarquables
yilpbags
miaotony
marvelconsumerproducts
herbalaktif
watko
adultasian
sejergaardens
skhynix
ecomblacker
seobase
bydauto
rpgarchive
uversebroadband
fastestkey
kkwebtechs
newfeel
viacryp
hoavui
avtoehlektrika
ab-inbev
nccmhc-hq
hakad
maxvapor
myfashionwithpassion
fely
maltepe
wmail
hosting4cdn
myarmor
autosot
mywonderfy
azumipuku
bestdslrcamerainindia
emegesh
dartsystems
vrnet
w0rks
tcgbase
zallp
webloaded
supersaver
ohaansz
indiandramas
perfly
jepx
justtown
therealzam
keystonecastors
fitbryce
dbwatch
vanrysel
rpss
otsapro
follow965
fastnewsfeed
villageoxylane
24cash
radinbook
markestra-jp
alltoolug
internetradio-schweiz
gc-semya
jqedkzia
topwoollc
bukaandeeq
metamidia
m0662
accela
mrg-online
easybreath
zrinity
nscable
filmleatherjacket
arenaxt
alakshow
lalicorera
tescilhosting
mrhousy
magic-mushrooms-online
celasers
boscosports
lkw-fahrer-gesucht
josephjoe
sanyo-nylon
anandproperties
maier-heidenheim
aroma-tv
nationaltrust
service-proekt
caribbeanmusicpool
pentaxeros
ckbgobank
bqtt
primamoda
mvneducation
cosmopolitan-jp
thememorabiliamarketplace
grillsforbbq
taku
mountainbike
tshirtsheaven
mekmedia
mydsllc
planoprofile
taganrogmama
aw-dropship
mama-arbeitet
solis
vnquetoi
nightmail
gb41
ruhja
goldenstarferries
kanca88
forsuacapacitacion
chocolissimo
edenred
farshonline
noolaham
wholeschoolsend
pocotheme
bankipartners
darknetmarketplace
sisinterim
korok
joy-eqd
kaigojobselect
projectsof8051
mkt9865
make-sport-accessible
transporteca
mooniswap
papaandbarkleycbd
arpenaz
fvti
bannerlandia
xxs9wf
reform-journal
ridgewallet
lifeclean
favfic
kuroload
mnvng
qmjy7
mds
ognizaliva
kjdb
dusoffice
smshosting
caperlan
velhalla
oxylane
newarrivalshopping
outshock
acuarelapack
eprisons
q77h
lexpotecnologia
shy
oigcn
sticht
0564jp
taoh2558
invierteensoria
occhi
seabase
xxxrape
revitshop
ooaimr
avbtbt
ahtcit
kayakfishingfrontiers
vishnevskogo
uncutmaza
programaticeu
gofoodieonline
teatrvfk
hcnh
yam9uv
6jw6tw
cartecadeauxcarrefour
huilaoshi
talkinghorse
baskentnokta
wpu
ssef
thecaosieure
c-l-emploi
makon24
faridparsaei
astropankajseth
tqwitch
simply7snacks
hunger-games-streaming
offrezdusport
joy-drl
coastalcomputing
digitaltolk
oroks
nyamba
bottles-bar-tossa
shelter
vystavistepraha
piaads
service-centrus
xiexingnet
tara-hellsehen
tdce
makemail
arcadeartwork
playbattlegrounds
pharmabizconnect
milset
dimensiononline
topparcel
gucci
hacaptanas
sbux
domainsurportm
kuikma
thedisco
omaa
imporpernos
flowbizz
weatherfordhotel
esetsystem
modulogym
streye
beecash
momentummotorcars
sandever
simpliworks
oficlick
spparts
carrier
green-net
chongyoule
onomondo
ubuntudev
synergycorp
aventurecolombia
qxglobalgroup
saveacup
ekom-sk
2jianli
taxcoach
platofarm
myitman
alma9alat
celiakshop
strhost
host1434
choppingblock
marvelherochallange
kishbook
lertechforce
aixihardware
pikariteshima
ecourban
whizible
gradschoolshopper
a8b
t207wq
buatmakalah
sportland
wideneerer
ulyssenardin
mondial-assistance
ekowolf
clinique-albi
viagracialiso0
ckgator
tanzeemulmadaris
clubzshops
sanodelucas
hcmg
altijdup2date
uniq-c
crowdcontent
unlocksever
str8ts
twigoffers
sdp
appmus
sbhla
123movies
pnrconline
ssnbs
mineriaenergia
saran2
savefirstzone
mydarknetmarket
javvoyeur
webvisiononline
maybanhang
imgix
fineshape
abmis
opsience
sunlife
korok
sattamatka
redplayplanos
xn--efficaceetpaschre-6sb
myhomesteaders
zyline
gomo
the-trailing-spouse
aji1000
maskoon
jarlsbergavis
yvessaintlaurent
phimbathu
shafoni
saisaria-jewelry
defleppard
muppetoffer
kuikma
btani
news-mondo
fiscalespenalesalta
thailannmade
isel
ar18
chunjing99
dracocraft
contadu
baribalpoland
dnsy24
zedlyric
tailorzclothing
drkutner
nomadsembassy
sporeka
ucrazvitie
atics
viningfuneralhome
cialispillsweb
spell
francetvjeunesse
softteco
dostats
formstone
supercarros1
dbogame
highparknaturecentre
int-jecse
bek-five
piconepress
elsharkawymaritime
hostya
itsc
varanashi
codhab
bespokemetaldesigns
poa
tkanilavka
xn--covaturage-d7a
paszamine
onlineimage
nabavishop
osbpl
deseconomies
baifumeiba
edwsmycs
koapru
isof-host
egps
briobella
kuehlboxkaufen
clinita
artengo
kinth
webheb0712
access-health
vanrysel
mtglands
carecloud
pivotalbase
iam2big
gakken-ns
nafsmarine
totalpolska
kkelite
allsix
easybreath
mantiroa
optimalathome
macchine
cardpardaz
voyeurseason
lets-clic
idineshkrishnan
carbcheck
informacionbantrab
outshock
myhealthhome
cliffcart
decathlon
eforexcel
zewdivani
joo
caixaconsorcio
marjorierwilliams
wspecialist
centralfordpr
dhflinsurance
bottegavenetareplica
mill
iqj7
nnmodsets
kodakcoin
dailymuabanxe
youhaoliuxue
bluestoreinc
campusnesia
4momsmamaroobluetoothbabyrocker
pumpingessentials
evergospel
jarvisim
transportationcurated
dadarkararts
reiden
inflight-wifi
elleryqueenmysterymagazine
lugik
ns03
n-joy
nadinfelez
epj
proxy-checker
tahtakalepazari
ahxwkj
cmtietong
explorebetter
solognac
infogym
nekkosvillage
luistrenker
go-fish
harrypotter-streaming
abuvn
camperregsecure
homeassistance
pmg360
smartdailypro
extasy
mauwebsite
cdwlc
zecity
bursasporx
mercadodehosting
tarmak
ebssupport
asoytube
pillerforattoka
disneyearthday
paradisedoctrine
android1game
bdo
gaojishipin
kuikma
shar
primosmex
ravehackers
argies
croswap
7thmysteryschool
shinobi
webhost
trabalhoperfeito
happyinvites
dobriyortoped
goaudits
thomas-piron
energiestotal
tathastulifestyle
ledluxx
botos-epipla
tradevalley
tartel
blme
newslettercarrefourtahiti
pakardns
boncodi
elitesmilesutah
dmgecd
sdes-engineering
niyamasol
clickmorestuff
koodza
c-web
paris-billets
gesk
eco10
techzbin
nikamobl
kznsex
bjtea
zadi
tajalimmd
galerie-couleurdart
deirdreregan
matrasco
radspielerclassic
legion-expert
radformation
fotografie-katalog
breedrideevent
allianzassistance
marquepassion
enggpro
zcythr
citysquaremall
onflix
subea
guruslink
wr-studios
netwiz
hostcampinas
ofelectricale
torrefortetelecom
d-club
stpeterording
muneratibi
nueconceal
upstar
terranearpmc
primehealthcare
rekar
stopputin
shawpat
agbueurope
pepal
empleojob
stevenjleon
ma-ren
aperfecthost
plmd
airrifleshop
jx-starlux
miajewelsmiami
ericdata
aiimsbibinagar
hulihealth
laward
fireflyreservations
sqs
btla
hafler
nutechwater
he2b
activemedia
xn--68j2b7bjy
simond
fifter
automatedinstallment
bulkmail
memorialrh
gdp1pk
technopol
houti-8
ringsforchampions
falconinsurance
gf83w5
ip-141-95-173
elevatelifestyle
israelbody
huolieniao
bcrypt
lorenzo-silva
pandorakaaki
more
kirc
kingdomarketdarkweb
smileonline
pass-carrefour-2
egemetropolgazetesi
arkadspa
btireland
2414world
bc77
rounz
starwarsaddicted
ora
edenred
nimbuseditor
cb-asahi
natgeonetworks
theformationquest
originmms
sherwoodedu
anaheim-medical
911trks
windance
lcns
sanpablo
comunidadmovilsadecv
ttk-temirtau
1098truth
aishaagrawal
kivabe
decowunder-tapeten
kalabala
nextrahost
onestoreonedeal
contentgenemd
74auto
sugar-free-jazz
52meijiao
zogo
bmptuning
sammuslim
benesse-mcm
super-links
techtricknews
dailyrecord1
techtek
doortodoor
singles-brazil
nv7telecom
ukvisajobs
mangani
tapchiqptd
nickl-architekten
kering
asifpakdelsh
googlemail
paymentcollect
gold-man
blnjobs
xuliyingcaiwu
autoinsuranceape
q-click
x1fbo
facturactiva
kvwebsolutions
mitsuminet
advair100
digitaleye
p4ma
gossip-test
mysouthafrica
airbnb
bottegavenetainitials
huskynet
koupons
libertygmcaz
makruzz
belspace
decathlon
bezotxodov
hsyunqiemo
gucci-pour-homme
pagaremenotasse
emaga
proscouture
ouih-news4
nurpinarsenoz
simracereviews
ivyoak
empeon
storyhouseegmont
krubpomhosting
wordpresswebhost
myeduscholars
travelator
ea-hwa
ewk
xxxnylonpics
hemosleido
bankcomat
pk-informatics
yslbeaute
sondosabdelmalak
35mm
concienciapromocional
gimje
guru-en
narminehshop
aptonia
unitedpilots
lustylizard
hollandse-souvenirs
progresso-ict
mistershoplister
karakuri-box
vite-plugin-ssr
worldsshopoffers
disneyjuniorgetabookgiveabook
morsecohq
repairalltv
ojagreen
allcyber
wqradio
tikop
123betting-vip
c01anh2bx39674pm
meilleurantiviruscomparatif
dandl
jiastudy
ansiblehealth
yasamsalsekerleme
arteeestilo
online24today
azpop
jkillx
transfernieuws
interactr
myfastway
vala
murho
meteonorm
e-carrefour
webprojectdemos
bsaent
localranking
reportdown
fdgdn8
phetchaburi
alune
blatchford
brinstagram
pactek
carrefour-lesbouchardes
ssegroup
avatarom
reviewland
wokularach
smythsys
doludolurestoran
kuzu-grup
dental86
benefitsportal
lovelamarket
wroffy
wedze
k-auto
dogruzi
sexy-moms
online-excel
edel
ticketoski
auctionpay
geologic
taichi-t
vimeotomp3
clekoobrfullbackboostercarseat
host
makegolfaccessible
disneyescroom
shottenkirkchevy
ludeka
mobirn
californianorthern
epalcircularatureza
projectxparis
thestyledstudent
pilootshop
phillipsandco
kateandgretchenglobal
tarmak
uadx
welcome-clean
matusz-vad
farquharsonrealty
