How To Solve The Six Major Problems Every Networker Will Face In Their Business

How To Solve The Six Major Problems Every Networker Will Face In Their Business

Did you know that the Network Marketing profession is responsible for creating more millionaires than any other industry . There is no other industry that lays out a simple plan to make life changing money for oneself, offers existing systems and provides the kind of support that network marketing does. With that said, it's also been documented that over 90% of people who innocently get involved in network marketing fail to achieve their goals.

Why do so many people fail? Here are the 6 major problems networkers face and how to resolve them:

Problem #1: Lack Of Quality Leads - Hounding ONLY your friends and family will not in today's age, you need to tap outside of your warm market. Talking to only friends and family or people you meet in random places used to work very well when the industry was in its beginning stages, but much has changed since then.Leveraging systems to draw in people who are actively seeking for network marketing opportunities like yours, is the greatest solution to this problem.

Problem #2: Lack of Income - The truth is 9 out of 10 people that you expose to your network marketing opportunity won't be fascinated... And that's OK. But by monetizing the "NOs" you get through the sales of funded proposals and affiliate products, you can build a cashflow early on to offset any business expenses you may have.

Problem #3: Lack Of Marketing Training - According to Mike Dillard, "Network marketing is an industry full of people that know nothing about marketing." Chasing friends and family is not marketing. Using web 2.0 tactics to attract your target audience is the greatest way to truly leverage your marketing efforts.

Problem #4: Lack Of Duplication - Only 1 out of 10 people truly have the mental toughness it takes to accept rejection again and again on a daily basis. By only teaching methods that require people to go out and "3-Foot" people (ex. talking to anyone within 3 feet of them), you're positioning them to fail 9 out of 10 times! That's why you need to implement and teach real marketing strategies that work and give your reps the highest possibility to succeed.

Problem #5: High Attrition Rates - The average life span of a network marketer is about 90 days. This is mainly because people are not making money fast enough and they run out of money before they make an money. Both of these reasons can destroy a new rep's excitement but can be solved by attracting those people that are ALREADY looking for an opportunity by leveraging advanced marketing strategies and then the using a funded proposal to make up front cash before mentioning your opportunity, as mentioned earlier. An illustration of how a funded proposal works is thinking of the California gold rush; the individuals who got wealthy during that time period were not the people selling the gold but the people selling the picks and shovels to find the gold, I will show you how to do the same with your network marketing business.

Problem #6: Get Rich Quick Mentality - Are you seeking for a get-rich-quick scheme or a real business that you can build, own and pass on to your kids one day? Building a business takes time. You won't get rich overnight... But you can get extremely rich in 3 to 5 years, assuming you are putting in your best efforts, setting goals, working a sound business plan and getting coached by someone that's where you want to be. Getting rid of this mentality will enable you to have sticking power on your way to your goals.

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