Three Reasons Why Network Marketers Tend To Fail

Monday, May 25th, 2009 at 3:30 pm

Problem: Why there is a 95% failure rate of network marketers…

Solution? Yes, and we will discuss that shortly.

REASON #1: Tiny checks of residual income cant pay the bills!

Plenty of people step in to this business expecting to earn money from day one. They basically believe that they can order a bunch of products and make money, while the products typically “sell themselves”. Any when they do happen to sign up a few friends or family, they struggle hard to find “more prospects” and the only other solution is to buy high priced leads which cost way more than their tiny $75-$150 checks they’ve started to earn causing them to use their own money to compensate.

The result? Little or no cash, no sponsors/downline, no prospects except for maybe your Uncle Bob or friendly neighbor and hundreds of dollars down the drain spent on products, spent time and training material that’s like a jelly filled donut without the jelly.

REASON #2: Not enough new prospects for SUBSTANTIAL duplication.

Unless a network marketer can grow a business starting with MASSIVE momentum and substantial duplication, he or she will find themselves trying to build their business “using a leaky bucket” – meaning reps are bailing out as fast new reps join.

The one way around this that is known to network marketers is to dish our several hundreds of dollars to lead companies for what are called “high quality” leads. These leads are often shared between 4-5 people!

The result? Unable to find enough interested people to speak with while failing to make enough money for those “quality” leads.

REASON #3: Skilled network marketers depend on “recruiting money” to fund their efforts.

Primarily network marketers use what little cash they have made to cover the expenses in reasons 1 and 2. Essentially, reclaiming the costs for training materials, products, time, effort, purchased leads and any additional cash spent… not to mention the appalling attrition issue.

The Solution?

I love to watch as most people in this industry get all wrapped up in the “Our product is the best” or “Our company is brand new and growing faster than..” and the best one I hear all the time is, “We have the best comp plan in the industry”. And you know what?

IT MAKES NO DIFFERENCE! Look, what I want and hope people realize is that you have the best comp plan, product or company in the world, yet it’s all completely worthless unless you have a serious and true marketing system in place that will DRIVE PEOPLE TO YOU!

Impossible? Heck no… And the funny thing about it is, it’s MUCH EASIER than doing MLM the common way.

Read these facts…

-When you do this business properly, people PAY YOU to become leads.

-When you do this business properly, people PAY YOU to prospect them.

-When you do this business properly, people PAY YOU whether you sponsor them or not.

What the networker requires to succeed and become full time is..

-They NEED to have dozens of leads to speak to on a DAILY basis

-They NEED to earn $500-$1000 their FIRST month even if they don’t recruit anyone.

-They NEED to build their empire FAST to stay in front of the attrition curve.

So how does a network marketer accomplish this and train his downline to do the same?

**To discover how to generate Free Leads while Getting Paid and How to Attract ENDLESS new distributors and customers to you…

Visit: http://MLMTrafficFormula.EasyMLMMastery.com