Network Marketing: Why so Many People Fail

Financial Freedom. Wealth. Independence. If you have ever looked into Network Marketing you are sure to have heard these beautiful words and many more like them. Truth be told, these are not just empty promises. Network Marketing can and does give these things to those who succeed. But what about the others? Why do so many people who come in to the Network Marketing Industry leave it soon after with a bitter task in their mouth? Is there some formula one must follow in order to guarentee success? As with everything else in life, YES.

 

Following are things one should consider in order to achieve success in the network marketing world.

 

 First of all is your choice in network marketing companies. There are alot out there. So how do you choose? Well make sure the product is consumable as this will keep your customers coming back. The product should also stand out in the market as having something unique. Most important you have to be passionate about your product. I have a friend who works as an insurance agent. He is very good at what he does, so good in fact that he can sell meat to a vegeterian! But, although he is making lots of money, this guy is miserable. He has no passion for the product he sells. So what good is it to be wealthy if you do not enjoy what you do? Satisfaction. If you are passionate about the product, you will be satisfied when people buy it. Which brings us to the first principle in network marketing.

 

1. Become a product of the products.

If your company makes it, you should be using it. You cannot market a product if you have not tried it yourself! When you use a products and have seen the benefits of it, you will be more enthusiastic about it. People buy into your enthusiasim and when you share your first hand experience of the products they are more likely to be interested in what you have to sell.

 

2. Fall in love with Network Marketing.

What's not to love? The concept of network marketing is such a simple one really. You are your own boss, you own your own schedule and you choose the people you want to work with. No one looking over your shoulder all the time, having the freedom to build a world wide business from the comfort of your own home, building a residual income for life. The benefits of network marketing are endless. You are in Business where ever you go. Love it, Live it.

 

3. Love people.

 As my friend Margie Aliprandi puts it, "No body cares how much you know, untill they know how much you care" True, you want to sell your product cause that is the way money is made, but that should not be your only concern. You should genuinely have people's best interest in mind. Give them the best value for their money, put their needs first. When people she how much you care they will be around long term, whether they are customers or team members. As for the latter, love them, support them, but do not criple them. Do not do the work for them for they will never have the satisfation of having their own business that way. Give them space. Show them that you are available but let them build their business at their own pace.

 

4.Discision.

There is power in diciding. Do not just give an opportunity "a try", dicide that you will do it and succeed in doing so. When you make a decission and stick to it you move into action and everything you need to succeed will move in harmony to achieve your goal. Commit to your goals. Have a vision. Dicide you will be a success story. It has been said many times that deciding is often the hardest part.

 

5. Daily Action.

Do something for your business everyday. Making a decision is fantastic, visualising is super, having goals is spectalcular, but unless you take action none of your goals are going to become reality. When I say action i mean consistant, effective action executed with a sense of urgency. Being consistant means doing something that will move you towards your goal everyday, like talking to people or being in contact with your team. To be effective in network marketing your actions must result in the recruiting of people and or the sale of product. Creating a sense of ugency is vital because your team will duplicate you, so if you tiptop with this business, so will they but if you create the sense that now is the best time for them to be building they will folow your example. Everybody has other obligations, but giving 1 or 2 hours daily, consistantly, to your network marketing business will give you lots of time freedom to do the things you love doing in a relatively short period of time compared with traditional businesses.

 

6. Be prepared to pay the price.

In network marketing you have to make a few sacrifices in the beginning to be able to reap the rewards later on. Some people are terrified of this word sacrifice. Let us look at it more closely. The meaning of sacrifice is giving up something of a lower nature for something of a higher nature. So you could sacrifice an lour of TV and substitute them with a conference call with your team or a follow up call with one of your prospects. This is also known as the rasor's edge activity. Maybe you have made a call, given a presentation and all you need now is call the person up to get their decision, but something comes up and you get all caught up in things that have little or no importance. So the razor's edge is that little extra step you need to make to get the results yoy are looking for. In comparasion to what you have already done it is such a little step that it might seem insignificant, but it is that little step that will take you over the edge. Find your razor's edge. It could be waking up an hour earlier to check your emails or contact your team on the other side of the world before your family is awake. It could be watching less TV and attending an informative event about your company's products. What ever it is, when you find it, your razor's edge will get you far on your journey towards the frutation of your dreams.

 

7.Sowing and reaping.

Like everything else in life, building this sort of business has its seasons. You do not know when the season of reaping is, but you know when the season of sowing is. Everyday. You cannot expect to sow one seed and feed your whole family for eternity. Sow seeds consistantly and the harvest will come. You canot force sowing and reaping. You have to wait it out. You do not know when the reaping season will come but when it does, you will be so surprised with the abundant harvest you have that you will be wondering what you have done to diserve all this. Truth be told, you stuck to it, you were persistant. You would not have been succussful if you didn't deserve it.

 

8. Persistance.

Persistance is key to success in Network Marketing! Ask any Network Marketing Millionaire what he did different to those people who left after only 2 weeks in the business. Staying. It is vital. No matter what people tell you, Network Marketing is NOT a get rich quick scheme. You have to put in the effort. Sure you will meet people who do not understand the concept, some will say yes, some will say no, some no will be yeses later on. So what? Do you really want the goals you have set for yourself? Are you really set on living the lifestyle of your dreams? Persist. Keep moving forward. It is a process. Build now to reap later. Your dream depends on it.

 

9. Personal Growth.

You are your best assist. Invest in yourself. Develop a passion for your growth. Recognise that you are a gift to the world. You are unique. Believe that you are diserving of the abundance that you seek. Strive to constantly become a better person. Make that your number one goal. You will be surprised at the impact your being a better person will have on your Business. When you are in harmony with yourself, people enjoy being around you. You will experience the phenomena of people actually calling you to be part of your team. Make it a point everyday to do something to improve yourself. Meditate, develop new skills, learn a new language, anything that will improve you. This is all essential for you to grow into the type of person who can lead and inspire large groups of people in your networking team.

 

10. Gratitude.

Be grateful for what you have in life. Grateful for opportunities, people you meet, people in your team, the product you market. Everything. You might not understand it yet,

but we are governed by laws that are Universal. These Law are in operation whether you know about them or not and whether you believe in them or not too. Basically, you attract into your life things and experiences which you constantly think about with feeling. Now one of the greatest feelings one can feel is the feeling of Gratitute. Being grateful sends out a positive vibration. Being thankful for what you have sends a signal to the Universe to provide you with more to be grateful for. So, the more grateful you are, the more you have. It pays to be grateful.

 

What it all boils down to is that successful people do everyday what unsuccessful people are unwilling to do.So start where you are and do what you know, with what you have and you will always know what to do next. Ask yourself what do I want to do with this amazing opportunity? Listen to your heart, you already know the answer. If you can't hear your heart through all the clutter, ask somebody who is already experiencing success in Network Marketing. You will be surprised how open they are to helping you achieve your own success too.

 

About the Author:

Fiona Muscat is a professional Network Marketer who lives in Malta with her husband and 2 children. She has been running a successful home based Business for the past 3 years assistng people improve their health and wealth. She also enjoys the benefits of applying the Law of Attraction to her life. It is her mission to introduce people around the world to these Universal Laws so they too can enjoy life as she does.
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Article Source: ArticlesBase.com - Network Marketing: Why so Many People Fail

Network Marketing, Success, Goals, Gratitude, People, Team, Sell, Products