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3 Reasons Why Most Network Marketers Fail

 
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David Schwind

Subject: The sad but true 95% failure rate of network marketers...

Solution? Yes, but well get to that in a bit.

REASON #1: Bit pieces of residual income cant pay the bills!

People come into this business expecting to make money from day one. They simple assume that they can just order some products and make money, while the products practically "sell themselves". And even when they do happen to sign up a few friends or colleagues, they struggle to find "more prospects" and the only alternative is to buy high priced leads which cost more than the peddley $50-$100 checks they've started to generate.

The result? Little or no money, no downline, no prospects (except aunt Sue and nieghbor Joe) and hundreds of dollars down the drain spent on products, wasted time, and so-called "training materials".

REASON #2: There's not enough prospects for MASSIVE duplication.

Unless a network marketer can build a business with HUGE momentum and massive duplication, they will simply find themselves trying to "fill a leaky bucket" - meaning reps are just dropping out as fast as new comers join.

The only way around this, known to network marketers, is to head to the lead companies and dish out several hundred dollars for what they call "high-quality" leads. Sometimes they are even shared between 4-5 people!

The result? Not enough interested people to talk to, while simply not making the money to pay for those "great" leads.

REASON #3: Network marketers rely on 'recruiting money' to fund their efforts.

Mainly they use what little money they have made to cover the costs in problems 1 and 2. Basically, recoupling the costs for purchased leads, training materials, products, time, effort, and any additional money spent... plus, not to mention the horrific attrition curve.

THE SOLUTION?

Well while most people get wrapped up in the whole "Our product(s) are the best" ...or "are company is growing faster than yahoo" ,or "we have the best compensation plan in the industry"...

IT DOESN'T MATTER! You See, what I hope people realize is that you can have the best product, company, and compensation plan in the world, but it's all completely worthless unless you have a true marketing system in place that will BRING PEOPLE TO YOU!. Impossible? Hardly... And the funny thing is, is its MUCH EASIER than doing MLM the common way.

Here are the facts...

-When you do this business right, people PAY YOU to become leads. -When you do this busines right, people PAY YOU to prospect them.

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

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

-They NEED to have dozens of leads to talk to...DAILY.

-They NEED to make $500-$1000 their FIRST month even if they dont sponsor anyone.

-They NEED to build there empire FAST to stay ahead of the attrition curve.

So How does a network marketer do all this? ...and teach his downline to do the same?...

**To learn how to create Free Leads -(while getting PAID!)-and How to Attract ENDLESS new distributors and customers to you...

Visit: http://www.MLMTrafficFormula.org

--A Free Report is available at the above address.

**Claim it while its still there! Your business will thank you!

Important NoticeDISCLAIMER: All information, content, and data in this article are sole opinions and/or findings of the individual user or organization that registered and submitted this article at Isnare.com without any fee. The article is strictly for educational or entertainment purposes only and should not be used in any way, implemented or applied without consultation from a professional. We at Isnare.com do not, in anyway, contribute or include our own findings, facts and opinions in any articles presented in this site. Publishing this article does not constitute Isnare.com's support or sponsorship for this article. Isnare.com is an article publishing service. Please read our Terms of Service for more information.

David Schwind is a network marketer and online business owner out of northern california who trains his team on the concept of getting paid to prospect while generating massive leads. For more info on the mlm traffic formula, visit: http://www.MLMTrafficFormula.org
Article Tags: business [See Dictionary], leads [See Dictionary], people [See Dictionary]
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Article published on January 14, 2008 at Isnare.com
 
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