Tuesday, April 15, 2014

5 Common Reasons People Fail In Network Marketing


 Quitting is probably one of the first reasons most people fail at anything in life. They quit before they even have a chance to succeed. But one thing is for sure, it is only the ones who persevere that end up finding true success.
So why do people quit network marketing?
The biggest reason people quit is because of unrealistic expectations. People join network marketing thinking that they’ll get rich quick, it’s a free ride ,recruiting will be easy, they’ll retire in six months,
Most people have absolutely no idea what it takes to run and operate a business. They lack a solid, proven marketing system to make money in this business.
They aren’t prepared for the emotional roller coasters. They don’t realize the obstacles they’ll have to overcome. This means that when the first sign of hardship appears they quit.
The quitters are usually the ones that give network marketing a bad name. They quit and then blame their failure on everything but themselves!
In his book, My First Year In Network Marketing, Mark Yarnell says that 90% of people who don’t quit in network marketing end up becoming radically wealthy.

The second reason is lack basic skills and knowledge.
There are certain skills that you need to acquire in network marketing in order to rise to the top. You need to learn how to:
 Promote your business- build your list with a solid marketing system. Build relationships
Cultivate leadership, Create momentum. If you learn these basic skills then you will do well.

The third reason is the failure to cultivate leadership.
How to find and nurture leaders and help them do the same is the kind of duplication that makes network marketing so powerful. Unless you do that, your team won’t be stable.
It’s only when you learn how to cultivate leaders in your group that you’ll start to see massive duplication!
Most people never learn this lesson. They go years without truly understanding what network marketing is all about! Network marketing is simple. You are looking for a few key people to spend 90% of your time with and cultivate them into true leaders. Basically, you are looking for 3-5 generals who will lead your army. If you understand this you will no doubt see huge success.

Reason no 4 is the lack of training and education
Tracy biller said it easy to succeed in network marketing if you receive competent, effective, and repetitive training on an ongoing basis. In fact many fail in this industry because they are victim of incompetent and ineffective training from their sponsor.  

Reason no 5 is they join a dead end company.
To succeed in this business, you must join a network marketing company that presents you with the opportunity to succeed. Unfortunately many people over the years have joined a network marketing company that they thought presents them with the opportunity to succeed but not. Learn more here: 


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