MLM Mentor: MLM Is NOT a Sales Business
MLM Mentor: MLM Is NOT a Sales Business
MLM Mentor: MLM Is NOT a Sales Business
If anyone tells you MLM is a "Numbers Game", respectfully excuse yourself from the conversation. That person does not understand how MLM works. They have likely had bad coaching, people filling their head with that same nonsense.
Poor training has been around since the dawn of network marketing. There have been a lot of so called MLM Mentors over the years that only passed along the same mistakes they were taught. What makes it worse, this is still the norm. After decades, the same tactics that never worked are still being taught. Some people, of course, have made this work. With determination and a lot of luck, they managed to become successful in spite of the deck being stacked against them.
The fact remains that over 60% of MLM distributors never make enough money to go full-time and they eventually quit.
Let's bust a few of the most common MLM myths.
Myth #1: It's a numbers game.
You'll hear statements such as, "You need to get 100 NO's before you get s single YES". This happens because people are being taught to make a list of family and friends. All this accomplishes is to isolate you from your inner circle. The other thing being passed along is to buy leads. This too will never work. It is not duplicatable and often times the leads were generated fraudulently.
Myth #2: MLM is a sales business.
MLM is a PEOPLE business. Don't waste your time studying products. Study PEOPLE. If you do not know a product related question, you can look it up or refer them to the website. Focus your energy on studying people. Learn the different personality types and how to relate to each. I can help you with this. Bottom line, leaders in MLM are Mentors. To be a good mentor, you NEED a good Mentor.
Look at these statistics.
Approximately 60% of new real estate agents quit without making a single sale.
Approximately 60% of life insurance salesmen quit after selling only one policy, to them self.
Over 80% of new car salesmen quit without making a sale.
Does this sound like a model you want to follow?
Myth #3: those things never work
This mindset is based either on personal experience or on the horror stories that were passed to them. Some companies out there have little to no chance of making it. Others are outright scams. There are, however, plenty of legitimate, well structured MLM companies out there. I can even show you what to look for in a company.
I was involved with a large, well-known MLM company back in the mid 90's. I only ever sponsored 2 people, and neither of them made any attempt at building the business. I knew in my heart that the concept of network marketing was sound, but wondered why I was unable to make it work. I figured either I wasn't a good enough salesman or didn't know enough people. I just assumed it was me.
I spent years avoiding MLM because I was under the impression that I was not cut out for it. Thank God I found a Mentor that taught me it was not my fault. If you want to learn why, follow the link below. You may be surprised to find out that you had no chance from the beginning.
My name is Bill Gelwick and I am a business coach and mentor as well as a professional network marketer. I hope you have found this article entertaining and enlightening. For more information about the most complete MLM Prospecting System available visit my blog page.
http://billsbigmlmblog.blogspot.com/p/mlm-prospecting-system.html
The Business Centered SEO For You Best Business Opportunities 2011 Multi Level Marketing - MLM - 3 Skills To Know When Joining Any Business Organo Gold Business Opportunity - A 3rd Party Review Of Organo Gold How To Use An Advertising Co-Op To Build Your MLM Business MLM Home Business - Pyramid Scheme Or Some Crazy Thing? The P90X - Shaun T Insanity Business Opportunity Learning and making a online business - Education and discipline is the key Handling "Difficult" Employees - 10 Tips For Business And Performance Improvement Things you should know before you Order Business Cards How To Pay Employees With Cash In Quickbooks - Best Way To Protect Your Business Boost your Business with Color Brochure Printing The Growth of Thesis Theme Can Grow Your Business