Why Is The Failure Percentage In The Network Marketing Industry So High?

I got to thinking regarding this yesterday and thought I'd write a sudden post regarding my opinion of why I think the network marketing failure rate is so high...Why Do People Give Up?

After you have a strong knowledge of Attraction Marketing and you are using them in your business, you then need to find out how to leverage the power of the Internet to market yourself online.

In my humble opinion, network marketing offers tremendous opportunity for wealth creation for the normal person. The admission charge to start your online business is inexpensive and the upside is superb. The low entry fee is why many people who do not have the entrepreneurial drive get included. They are marked in by claims by companies of making stalks of money while the marketer is either sleeping or on the beach.

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To thrive online, it takes work. I know...that's a word nobody wants to hear! To give you an example, I received an email from one of my downline members lately who had received an email from his downline member. His downline member was doubting if the program she had joined was actually going to work since she hadn't gotten any sign-ups in her 1 day of marketing! She was thinking that the program might be a scam! This, unluckily, is the outlook of nearly all of "network marketers" and adds highly to the 97% failure rate and high abrasion rates that we always hear about. This failure rate is the same with people commencing off-line businesses too.

Several individual are just not cut out to run their own business. It's not in their make-up and that's OK. But, this makes the failure rate randomly high. I have no way of proving this but the failure rate of people who actually apply themselves and have a thrive-oriented view is much lower than 97%. Probably lower than 50%.

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An additional contributing factor is "The grass is always greener on the other side". This statement is rarely right. I've studied this hard-way all through the years in my offline business life. The key is to find a business opportunity, or a few, that you believe in and that are legitimate, and work those programs. If you don't recognize how to market, study. That's what I'm doing with MLM Lead System Pro. I have been in sales and marketing for my complete 20 plus year career. Online network marketing is active and we all have to learn as much as we can and apply what we learn in our marketing efforts. If you educate yourself constantly, you will comprehend over 95% of your rivalry. Many people are either overwhelmed or too lazy (sorry) to apply themselves.

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Then, it is the sponsor's job to relay this information onto their members. I have been engrossed in some business opportunities where I never hear from my sponsor. These people will never be flourishing. No matter what your experience level, you need to educate, mentor, and motivate your downline. Sometimes this could be tough as they are not receptive but you still have to do it. This will come back to you ten-fold since your message will resonate with some.

It is a well-known fact that a person's MLM motivation is at it's peak after they first join their MLM company.

Basically, it is my opinion that the failure rate in network marketing is inflated by the people who shouldn't be in the business to begin with. With a negative outlook, there is no way to be thriving. Without hunting out and following a verified system there is no way to be successful. For those who are giving real effort, and consistently educating themselves, I assure you that there is light at the end of the tunnel. Do not give up as this is an excellent business with heaps of room for everyone who wants to succeed. And create the lifestyle that they've always dreamed of.

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