subject: A 97% Mlm Company Failure Rate Should Not Be Acceptable! [print this page] Why should you and/or your home based business escape the statistics? Is there something you can do to increase your statistics of success? You too can be financially free, with a time tested technique!
Statistics Can Be Misleading
The multi-level network marketing collapse rate is not much unlike any other home based business failure rate, yet people become wealthy all the time. Following sound business methods and techniques have been a key factor in every leading marketing business.
Diversion Tactics
A lot will talk about the necessity of product quality and/or having great compensation plans. While these are necessary and having poor quality ones may contribute to your Biz-opp collapse, quite importantly and most commonly down played is True marketing. True marketing can be broken down into several parts. From the owners down to the reps, a venture needs integrity built in from the top down. If truly successful leaders with integrity are at the foundation of your business, and have built a trustworthy venture, you stand a good chance to be financially secure.
Leaders With Integrity
Similarly in any company, you do not want your name being ruined, if for some unseen reason your company collapses. Things happen, but generally, a mlm company foundation built on integrity and strong experienced leadership, will guide a business through any rough times it will have. Yet, weak leaders will let the opportunity fall apart.
Successful Leaders Have A Teaching Heart
Followers of poor mentor-ship usually get themselves in over their heads. Not being taught to do the system properly, they use whatever comes their way, without actual strategies, systems or plans. Without plans comes inefficiencies and failure. Yet, the flip-side is that with fantastic leaders teaching you, your exact programs are set up for you so you can succeed. Now those exact same steps can be shown to your downline.
Using The Power of the World-Wide-Web
Today it is actually easy to get the pertinent information on almost anything, especially if you use the Web. Most opportunities have their informative data out there to spread their business, which gives you lots of information on their leadership style and etc. Having that information can give you a clearer picture of the mlm company and if it is a good investment. (time and/or Money)
Again, boostyourtime and success by using this information to keep you out of a failing mlm.