WHY PEOPLE FAIL IN NETWORK MARKETING.
WHY PEOPLE FAIL IN NETWORK MARKETING.
Why is it that many people fail in network marketing?
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Of 100% of the people that got started in network marketing, it is estimated that 90% fails within their first six months of joining.
Why is this so?
There are many reasons why you will fail and I’m going to point out exactly what you should look for, so that such won’t happen to you.
1. NOT SEEING ‘NO’ AS WHAT IT IS.
WHY PEOPLE FAIL IN NETWORK MARKETING.
It is often said that if you have received at least a thousand No’s in your network marketing business, you will be successful but I received more than that while building my own business then.
What about you?
How many times have you come this close to signing someone up and the prospect said no?
I know you will say that, “AOC, I did all I could, spent time, money and energy and now he’s saying no?!”
Don’t take this NO personally, because the person is saying no to the business opportunity and not to you.
Also, most of the time “no” could simply mean “not now.”
If the prospect says no, move on to the next person. Don’t let a simple No hinder you from achieving your dreams.
So, learn to love NO!
2. FALSE EXPECTATIONS
WHY PEOPLE FAIL IN NETWORK MARKETING.
Sometimes expectations are falsely represented when people get started in network marketing.
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.
On the other hand, if you start someone off the right way and with proper expectations, they won’t feel like a failure or like they’ve been defeated.
Starting people off with proper expectations from day one is crucial to someone’s success, especially when they get started.
MUST READ: HOW TO ATTAIN NETWORK MARKETING SUCCESS WHEN YOU HAVE SLUMPED.
READ ALSO: THE FIVE BASICS IN NETWORK MARKETING
THAT WILL MAKE YOU AS GREAT AS YOU WANT TO BE.
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3. NO WRITTEN GOALS
WHY PEOPLE FAIL IN NETWORK MARKETING.
If it’s not writing, it’s not a goal.
An unwritten want is a wish, a dream, a never-happen.
The day you put your goal in writing is the day it becomes a commitment that will change your life.
If you don’t write down your goals, you will soon forget them.
With all the distractions in life, forgetting is easy.
When you first joined your network marketing company, you must have had a goal.
It could have been anything—to buy your own house, your dream car, or even to get fit!
To help you remember these goals every day, you must have a dream board.
A dream board can be any board (a cork board, magnet board, anything you can pin pictures on) with visual representations of your dreams pinned onto it.
Find bright, colorful images that make you feel fantastic, ambitious, or motivated.
Place this dream board at the side of your bed so that when you wake up in the morning, you will immediately remember what you are working towards.
4. FAILURE TO BUILD A GOOD RELATIONSHIP WITH YOUR PROSPECTS.
WHY PEOPLE FAIL IN NETWORK MARKETING.
What is important to everyone in the world is relationships.
And network marketing is all about relationships. Period.
That’s why the old recruiting of “Throw enough mud against the wall and see what sticks” simply doesn’t work.
Network marketing is not about other people doing it alone and making you a lot of money.
Rather, it’s about you partnering with others to help them realize their dreams.
And it’s about those people partnering with more other people to help them realize their dreams and so on.
READ THIS: ONE SIMPLE REASON WHY PEOPLE FAIL IN BUSINESS.
5. LACK OF PROSPECTING LIST.
WHY PEOPLE FAIL IN NETWORK MARKETING.
Prospecting is the heart and soul of network marketing.
Without prospecting, you won’t have anyone to sponsor in your business nor recruit.
READ ALSO: THE ONLY SKILL I NEED TO SUCCEED IN NETWORK MARKETING.
Most network marketers fail because they don’t prospect and they don’t create a prospect list.
You must have a list of 100 people that you can always share your business with whenever you choose to.
Always update this list every day so you contact these prospects, set an appointment, and present the business to them.
If you don’t have a prospect list, create one now.
Conclusively, so many people fail in this industry because they regard it as one of those MLM stuff without putting so much interest in it.
And many people are jumping on the MLM movement without the remotest idea of what they are getting themselves involved in.
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People who make it in multilevel must put in great effort, energy, time, investment and concentration to build their organization.
WHY PEOPLE FAIL IN NETWORK MARKETING.
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IF YOU WANT TO BE ANYWHERE, LISTEN TO THE PEOPLE THAT HAVE BEEN THERE, AND DO WHAT THEY SAID TO YOU AND YOU WILL GET THERE.
RESOURCES THAT WILL HELP YOU ROCK YOUR BUSINESS
1. CLOSE 300% PROSPECT – GET IT HERE
Most time’s when we are prospecting prospects, we carry out the right method of prospecting with the prospects, with everything working as planned and all of a sudden as the conversation is about to end, things turn around and the prospects gives you a big NO. ‘I will think about it,’ ‘Give me some time.’ All these are NO’s and then you begin to wonder why it didn’t work, you keep on wondering what’s the exact step you’ve missed. From the beginning you might be right but the problem most of the time is the
ending which is best described or termed as closing, a good beginning and a poor closing will always lead to a big NO.
This guide is made to show you how to close prospects 300% all the time, so you can have a big YES from your prospects almost always all the time. You are going to realise what closing is, how to apply it and also have a big YES. Closing is sweet success. Closing is the process of helping people make decisions that are good for them – GET IT HERE
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I will encourage you to keep this guide where you can always see it in order for you to use it to educate your team players when you begin grow, in fact this is what I have practice severally.
This guide was created for you and those that will soon join you. In short, this guide is for those who have been missing much of the good life and looking for a better way to living. It is designed to help you get the extras you deserve as they are capable of getting you financial freedom journey in network marketing and life generally.
Each word has been weighed, each thought has been evaluated, and each point carefully considered. I have made every effort to personalize it in a conversational manner so you will feel that you and I are in a private conference discussing you and your future team success. I hope you will take this simple message very serious with optimism personally because that is the way it was compiled.
From the beginning I will plant a series of hope, success, happiness, faith, and enthusiastic seeds. I will ‘water’ and ‘fertilize’ these seeds and even add a few additional ones. By the end of the guide the crop will be ready for harvesting to the degree, and in the amount, you have utilized or followed through on the message in this guide. You will need to believe that these works and that it will work for you, it’s the power of positive believing, and which is the necessary ingredient for converting positive thinking
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I hope this is helpful to you?
Let me know what you think in the comments below. And, feel free to share this with your teammates.