6 Major Reasons Why Network Marketers Fail in Their MLM Business

By Karen Monasingh

Would you agree that you "Joined " your MLM business because of the energy that you received from the presenter in the room and the expensive vehicle that they put on display? I know that I did!

It was 48 hours where you are on a mission to make that list, call the list, do that three-way call and edify your upline. But wait you are getting more "Rejections" than ever, now you want to quit. It is said that 97% of network marketers fail because of these 6 reasons:

1. Unrealistic Expectations: Often time when people get involve in a network marketing business they have a misconception of becoming rich overnight. Now, when this does not happened they then decide that this is not for them or wonder why they are not making money. Most people join an MLM because it is portrayed to be a get rich quick business but fail to understand that to be successful that it will take "Time" and "Education". Most people are not willing to be patient and educate themselves.

Uplines do not explain to new recruits the difficulties that they will face when trying to duplicate what they do to get to the top. Another thing that your upline will not disclose, is how much they really had to put up to get to get to the top. This is why the average person will not achieve MLM success and will only recruit 2.7% people and than quit.

2. Lack of Training & Support: The old school training is to call friends and family and spam people with the replicated business website does not work. As newbies in the industry we believe that this is training and this is what will get them to the top. Let it be known that this is not training. Remember, promoting your company's replicated website will only attract the unqualified leads. People join you and not your business opportunity. This means people will only get involve with people who they trust, who have provided some form of value to improve their Journey to Success.

3. Confusing Strategy: Network marketing is a business of duplication and replication. In order to be successful at network marketing you will need to have a duplicable strategy. If your downline cannot duplicate what you do, then your business will become a one person business with no meaningful results. You will find yourself managing your downline, you do the presentations, you contact their list in addition to yours. This is not duplicable.

4. Sacrifice: Just like anything that we do in life, we must make sacrifices. If you want to be successful in this industry there will have to be sacrifices. Give up on old ways of doing things, step outside of your comfort zone, and try new things to improve yourself. Now, making these changes or sacrifices may cause you to loose a few hours of sleep, it may mean that you cannot party on Friday nights because you have training. But remember, these sacrifices will turn into rewards in the end. When majority of network marketers get started they figure that they can become successful with their old ways. This industry requires a 150% of You and that is when you will see MLM success.

5. Lack of Action: Now, being consistent with the real money making matter where you produce money on autopilot or while you are sleeping. When you are constantly on the run attending these regional events, weekly money making meetings, conference calls, please ask your self, are you really maximizing on time. There is purpose these meeting serve and is to break your bank account. These strategies are only setup to keep your momentum going. Let me give you an insider secret, having a website that you use to market yourself and to attract your "targets" and then converting them to qualified prospects is the way to make money while your asleep.

6. Daily To do List: To create Wealth! You must have a list (this is your work capital). This is your business and if you do not operate it like a business than you will fail in this industry. You need to have a daily list, and as you complete each task you check it off the list. For example, if your list is to complete an article, do a video, then make it your goal to complete your article and the video on that day. Do not stop until it is completed. If you practice pushing things off for the next day, then you are delaying your success each day.

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Frustrated Internet Marketer who gave up on the Traditional Marketing Methods.
To Learn more about succeeding and achieving your goals
http://www.KarenMonasingh.com

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