Why Does The Average Person Fail In MLM? by:DJ Miller
As most of us already know, multilevel marketing (mlm) is a swift growing industry
. It is a solid foundation that is set up so that even the average joe can become wealthy. We all know that this doesn't typically happen, but why? Why does the average person fail in multilevel marketing? Since there are so many companies out there and they are all set up a little differently, I am going to narrow it down to 4 reasons.
1. Fear--Most people are afraid to get started. Fear will prevent them from approaching someone about their business. If your fear of failure outweighs your ambition then forget about mlm. There is no promise of a paycheck every week. There is no promise that people aren't going to laugh at you. Before you can be a success in mlm, you have to feel good about what you are doing. You have to sincerely believe that you have found the goose that layed the golden egg. If you try to be phony, your prospects will see right through you. You have to have enough confidence in your company that you know that if you get rejected, then they are the ones that are missing out. If you feel bad, it should be that you feel bad for them and the fact that they have passed up such a solid opportunity. Believe it or not, there are companies like this out there. So, if you don't have this kind of confidence about your company, then you need to be in search of a different one.
2. Rejection--Many people in mlm today do most if not all of their marketing on the internet. However, many people still do their marketing and prospecting face to face. You will deal with rejection either way, but the face to face marketer has a harder time with the rejection. This makes total sense because of the fact that they have gotten to know their prospects in a more personal setting. And, a lot of times they already have a friendship of some sort with the person. If you have been at it for awhile, chances are this part doesn't even bother you anymore. You have realized it is not personal. If you are new, this is a bump in the road that you will soon get over. Many of your closest friends will snicker. Again, if you are part of a good company, you will be able to deal with this. For the internet marketer, you will still deal with rejection, but if you keep your prospect on a professional level and let the company do the selling, you will be okay.
3. Impractical product--Considering the state of our economy, we honestly can't expect people to buy our "magic juice" or overpriced "accessories". Of course, there will always be some out there who can't live without it, but the average working class citizen just can't afford the extra expense of it. In this case, you may not want to drop your current company, but maybe pick up another more practical company.
4. Hit and miss mentality--Some people want others to treat them like their mlm business is a real job, but they don't want to treat it as one. Whatever your company is, you have to make yourself a schedule and stick with it. You must treat it as if you have just invested hundreds of thousands of dollars in it. If that were the case, I am quite certain it would become a top priority as it should. If you are with a good company, and stay consistent and don't give up, then your mlm can yield even better results than a physical business.
I have been in mlm for awhile now and I have seen people give up for all of the above reasons. The only way that an mlm will get you to where you want to be is if you stick with it. You must have a company that you believe in. You must have practical products or services. You must be willing to work. And you must have a plan of action so that you can work consistently and stay in the game. The final piece of the puzzle is you. You are the determining factor in your success. How bad do you want it to work? Why? As for me, I have found a company that I am completely confident in. I have seen success. And as for the why...well, i come up with new whys everyday.
About the author
DJ and Seth Miller are the authors/creators of TheRockstarLife Marketing Group. We are proud to say that we work with Carbon Copy Pro, Wealth Masters International, and Fortune High Tech Marketing. CCPro, WMI, and FHTM are business opportunities that allow us to work together from home while building friendships all around the world.
Our goals are simple
1) Enjoy the exciting new lifestyle that online marketing has provided for our family.
2) Inspire others to follow their dreams as well.
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