Monday, October 1, 2018

Why does 98% People Fail in Network Marketing (MLM)

98% people-fail-in-network-marketing
98% people-fail-in-network-marketing
Are you struggling to make it big in a networking marketing/multi level
Marketing business?
I personally have seen at least 70% of the starters quit the company (not being active) within the first 3 months itself though they have invested and started with a lot of dreams.
               “Giving Up Is the Only Sure Way to Fail.”

Fitness and network marketing are similar in that it takes about three months of consistent hardcore daily action, and those 90 days you can transform your life. In network marketing, you can put in a 90 day spurt of activity and work harder than you ever have in your life and it will make a huge difference months later.
In Fitness, You Have To Continue…
  •  Working Out
  •  Going to the Gym
  •  Eating Right
  •  Cardio

In Network Marketing, you have to Continue…
  •  Making the Calls
  •  Doing Presentation
  •  Exposing your Products and Services
  •  Getting REJECTED Over and Over Again…

You must have:
  • LONG-TERM Thinking
  • Entrepreneur Thinking
  • Millionaire Thinking
So, why do most people fail in network marketing?
They fail because they have an employee mindset and not a millionaire mindset. They fail because they think that in the beginning their time put in is going to equal their rewards coming out.

#False Expectations
If you start someone off with false, unrealistic expectations, they will feel like a failure if they don’t achieve the claims and expectations that they have been given.
#Don’t Believe
It can be done Success in your business and in yourself is key to building a successful business in network marketing.
If you don’t have a strong belief in the industry or your company’s products, it’s very unlikely that you will be able to build a team or make any sales.
Your confidence and belief in yourself must be stronger than the opposing beliefs of others. You must have confidence in yourself, even if the people around you do not.
#Lack of Ambition & Dedication
You’ll be required to put in more work in the very beginning stages of your business before you will start seeing the fruit and rewards of your consistent action.
"If you want to earn 6-figures in your business, you’ll need to be willing to put in Whatever It Takes to reach that financial goal."
#Lack of Proper Training
If your company doesn’t have the proper training that you need, then seek out network marketing professionals that you can learn from.
#Feel hurt from rejection
Rejection is like the other side of the coin when it comes to Network Marketing. There’s no doubt in my mind that every single person in Network Marketing has experienced rejection at least once.
Everyone has been rejected and the more rejections you receive in this business, the stronger you get.  Review your prospecting and inviting techniques, may be they need improvement.

#Don’t Learn from their mistakes
Always learn from your mistakes or even better, learn from other people’s mistakes.  Always attend to your companies training and seminars, listen to other people’s testimonies.  Listen to their mistakes and make sure you don’t do them.

#Have Too many Excuses
One of the main reasons why people fail is because they have too many excuses!  you have probably heard 10 different excuses that people tell themselves for not doing something they should have done a long time ago.
“I don’t have the money.”
“I don’t have the time. “
“I already know what that is.”
“I know everything there is to know about network marketing.”
“Just send it to my email and I’ll read it when I get home”
“It’s too late, I’ll just do it tomorrow.”
“Today is a holiday, I shouldn’t be working on a holiday.”
#Set Unrealistic Goals
There’s is nothing wrong with dreaming, but if you wish to achieve your goals, make sure you set realistic ones.  I don’t mean to set them low that there is a 100% chance you will reach them with very little effort.  I mean set them high enough that they are beyond your comfort zone and yet they are still within reach.
Do not Adapt to New Systems People who fail to adapt to new systems in Network Marketing will most likely fail.  My main example is the use of the internet. 


To be Continue...!!


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