Success in network marketing is what you want, and hope for, from the day you sign up.
Some people do very well from the beginning, others never seem to gain traction and live up to their potential for success in the business. Often, there are obstacles that aren’t even apparent, but they are very real.
There are two common obstacles to success in network marketing which, if you recognize them, can be corrected. Getting these problems fixed can go a long way toward helping you make money and sponsor prospects into your business.
These two obstacles are, “broad focus” and “open options”.
Broad Focus – Just Want to Make Some Money?
Real success in network marketing requires more than just a desire to make some money. You need to have significant motivation for desiring that income, and you should have a firm vision of how much you want or need. I think too many people start a business with only a vague idea of what they want from it.
There should be a target – “I want to earn $2000 per month from my business by December“.
There should also be reasons driven by some emotion – “It is painful being in so much debt, I really really want to be free of this!”
There is that old saying – “your why should make you cry”. You have to have something backing up your business goals, something to keep you moving forward when things get tough. Success in network marketing is a lot easier when you tie it to something that is really important to you.
Open Options – Easy In and Easy Out
Many people go into MLM and network marketing with an attitude. I’ll give it a try, if it doesn’t work I’ll try something else. This is what I mean by “open options” – just giving the business a try with the idea of backing out if things don’t go as well as hoped.
I think that’s one of the big problems in this industry. Low cost of entry, combined with easy out, makes it pretty painless to quit.
Compare that to a traditional business investment – a franchise. If you sink $100K into opening your own franchise, you are going to take it very seriously. You will be trained, watched, and subject to high expectations. It is your business, but you are not in a position to just walk away if you decide you aren’t making enough money. You have to stick, work hard, and make it work.
There might be a lot more people enjoying success in network marketing if it cost significantly more to get involved, and it wasn’t so painless to quit. That said, though, I’m glad that this is an income opportunity that is open to so many. You don’t have to have a lot of money to start a business and achieve success in network marketing.
So, for greater success in network marketing and MLM:
- narrow your focus and have a clear and well defined goal, along with very strong reasons and motivation for achieving that goal
- go in with an attitude that “this is going to work and I’m not looking back” – make it happen where you are with what you have
This will go a long way to help you achieve the prosperity that you deserve.
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That is so true Eldon. As an author and business man, I can relate to how you said “It is your business, but you are not in a position to just walk away if you decide you aren’t making enough money. You have to stick, work hard, and make it work”. I hope more people discover your blog because you really know what you’re talking about. Can’t wait to read more from you!
I think the open option is really a bad thing to even think about. It tells me that someone who chooses to do this in their business handlings do not have any passion for what they want to do. Kind of a “whatever” and it is hard to take someone serious who will not give it more than 100%.
I couldn’t agree with you more. It is so true, from what I have seen.. The ‘why’ has to make you cry and you have to want to make it work, not just ‘try’.. Great post, Eldon