If MLM is so fantastic, why do people fail? Why did I fail?
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Multi-level marketing like any good traditional business requires
mental toughness. It requires you to be coachable, aware of changing times and technology.
Multi-level marketing is modeled after evangelism, you
educate people about another way to earn money for themselves and live the
lifestyle they dream about. Initially, all you say sounds too good to be true but
with time they will understand your line of thought. I have got a list of
reasons people fail in MLM, You can add some more in the comments section
below.
1.
NO WRITTEN GOALS. Doesn't know what they want out of life. No direction or
dreams. Confused and lost.
2.
Wants to sponsor TOP PRODUCERS instead of learning HOW to BECOME ONE. It is
better to be sponsored by a Top Producer than to sponsor one. That way, you can
learn HOW a Top Producer achieves. Mentioning that your sponsor is a Top
Producer is a great recruiting tool.
3. No COMMITMENT. No action.
4. UNORGANIZED. Wastes too much time looking for documents. Cluttered desk.
5. Poor RECORD KEEPING. Doesn't keep accurate record of transactions.
6. Only interested in PERSONAL PROFITS. Doesn't care about the needs of his customers and distributors.
7. No ANSWERING MACHINE or service. Can't be reached easily.
8. Doesn't RETURN CALLS promptly.
9. UNINFORMED on HOW to succeed in network marketing. Not interested.
10. Fails to keep AGREEMENTS, APPOINTMENTS and doesn't explain.
11. Doesn't FOLLOW-UP on prospects and customers. Doesn't show they care.
12. GIVES UP too soon. Usually quits in the first 90 days.
13. Gets DISCOURAGED by small problems and inconveniences. Slows down.
14. BAD MOUTHS other companies. Loses credibility as a positive person. Never ever speak wrongly about other companies, help rebuild the MLM image not tarnish it.
15. Not really SERIOUS about MLM. MLM is a globally acclaimed business, It is not an Hobby. Treat it like a business or you will fail.
16. Lacks SELF-ESTEEM. Drives around in a messy, dirty, unpolished car. Doesn't realize that prospects see this person as a person with a poor self-image.
3. No COMMITMENT. No action.
4. UNORGANIZED. Wastes too much time looking for documents. Cluttered desk.
5. Poor RECORD KEEPING. Doesn't keep accurate record of transactions.
6. Only interested in PERSONAL PROFITS. Doesn't care about the needs of his customers and distributors.
7. No ANSWERING MACHINE or service. Can't be reached easily.
8. Doesn't RETURN CALLS promptly.
9. UNINFORMED on HOW to succeed in network marketing. Not interested.
10. Fails to keep AGREEMENTS, APPOINTMENTS and doesn't explain.
11. Doesn't FOLLOW-UP on prospects and customers. Doesn't show they care.
12. GIVES UP too soon. Usually quits in the first 90 days.
13. Gets DISCOURAGED by small problems and inconveniences. Slows down.
14. BAD MOUTHS other companies. Loses credibility as a positive person. Never ever speak wrongly about other companies, help rebuild the MLM image not tarnish it.
15. Not really SERIOUS about MLM. MLM is a globally acclaimed business, It is not an Hobby. Treat it like a business or you will fail.
16. Lacks SELF-ESTEEM. Drives around in a messy, dirty, unpolished car. Doesn't realize that prospects see this person as a person with a poor self-image.
17.
LAZY. Wants to reap the rewards of his down line’s efforts without
working.
18. Distributes UNPROFESSIONAL, sloppy, poor copies of
information.
19. Doesn’t establish a RETAIL base with companies that have retail able products. MLM is best with health products because everyone rich or broke desires good health.
20. A poor EXAMPLE of the benefits of the products they represent.
21. Doesn’t handle CUSTOMER or distributor COMPLAINTS.
22. Doesn’t RECOGNIZE or PRAISE down line achievers. Too self-oriented.
23. Doesn’t WORK their business daily.
24. RESENTFUL of up line earnings. Stops producing to prevent up line from receiving bonuses on their production. Self-defeating.
25. BLAMES the company, the products, the marketing plan, lack of support from up line, etc. Doesn't realize that if others can succeed under similar environment, they can too. Doesn’t take responsibility.
18. Distributes UNPROFESSIONAL, sloppy, poor copies of
information.
19. Doesn’t establish a RETAIL base with companies that have retail able products. MLM is best with health products because everyone rich or broke desires good health.
20. A poor EXAMPLE of the benefits of the products they represent.
21. Doesn’t handle CUSTOMER or distributor COMPLAINTS.
22. Doesn’t RECOGNIZE or PRAISE down line achievers. Too self-oriented.
23. Doesn’t WORK their business daily.
24. RESENTFUL of up line earnings. Stops producing to prevent up line from receiving bonuses on their production. Self-defeating.
25. BLAMES the company, the products, the marketing plan, lack of support from up line, etc. Doesn't realize that if others can succeed under similar environment, they can too. Doesn’t take responsibility.
26. Unrealistic EXPECTATIONS for the little effort they put out.
27. Hangs around NEGATIVE speaking people, instead of top earners. Birds of a feather flock together. Beware!
28. Too IMPATIENT. Wants to make big money too soon without being willing to put out the necessary effort.
29. Doesn’t pass TIMELY INFORMATION down line immediately.
30. COMPLAINS too much and acts like an immature cry baby. A non-producer.
31. Keeps SWITCHING to other MLM companies without first achieving some degree of success. Never makes money.
32. Gets involved in CHAIN LETTERS, illegal pyramids, and other schemes.
33. Depends on SPILL-OVERS in matrix programs, instead of personal effort. Wants something for nothing.
34. Unwilling to TAKE RISKS such as investing in advertising, brochures, flyers, training, etc. Too security-oriented. Waits, watches. No guts, no glory!
35. Takes "NO" personally. No . . . only means not now. Give me a good reason to say "YES". Stops calling people.
36. Can’t cope with CHANGES from the company. Not flexible in thinking.
37. Doesn’t believe in or USE the products regularly. Just in it for the money.
38. Easily INFLUENCED by negative comments from family members, relatives and friends. Doesn't listen to positive side. Can't think for himself or herself. NEVER take an advice as regards this business from a relative or friend except they are in agreement with the purpose of your signup. It is very easy for friends to tell you how crazy you are when you are in MLM. It is not a big deal, Smile and say... Time will tell.
39. Spend too much TIME getting organized and too little time talking to prospects and customers. Avoids people.
40. Expects PERFECTION from a new company without realizing that it takes time.
41. Doesn’t PLAN to succeed. Plans to fail.
42. Has unprofessional APPEARANCE.
43. Always gives too many EXCUSES.
44. Thinks they KNOW EVERYTHING.
45. Doesn’t READ or keep up with the latest happenings in the industry.
46. Physically UNFIT. Lacks energy.
47. Doesn’t strive to do their BEST.
48.
Believes in RUMORS. Doesn't check the facts. Gullible about any program.
49. LIES to look good.
50. Most importantly, doesn't truly believe that "IF IT'S TO BE, IT'S UP TO ME!"
49. LIES to look good.
50. Most importantly, doesn't truly believe that "IF IT'S TO BE, IT'S UP TO ME!"
Of course we have cases
where a company is the issue, Tough compensation plans and company policies. That’s
the exception
This being said, Everyone
that has failed or likely to fail in MLM did or are currently doing this
things. Wouldn’t it
be wise to avoid them and be better off in the first place? If you are in a MLM
vehicle already,
Watch out for these reasons.
Listen to this short audio on the bitter truth about MLM.http://magneticleaders.com/success-library/2011/12/19/if-mlm-is-so-great-why-am-i-so-depressed
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