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MLM LIES!!! 97% FAIL RATE!!! LIES!!

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shaun
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#201 · Posted: 31 Jan 2010 03:30


everlonglp3:
It really does weed out the unmotivated.

It certainly does everlonglp3

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pincpassion
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#202 · Posted: 3 Feb 2010 02:47


everlonglp3:
But these Guru's never tell people the exact steps they should take that will make them a significant amount of income. I guess that's where finding a mentor comes in right?

Would you think it is risky if MLM'ers expose the truth about the challenges?

What I think: MLM'ers might recruit only a few, but those would be quality ones. This might be simpler because they don't have to train people that would just quit later.

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talfighel
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#203 · Posted: 11 Feb 2010 09:41


The only reason why so many are successful and other are not is because the ones that are doing very well have been bigger failures in their first few months in their own business. They kept going even though things were not working for them at all.

If you are not doing well in your company, think like this:

I am failing my way to the TOP.

Tal

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jazzewi
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#204 · Posted: 22 Feb 2010 23:58


Amateurs chase down their prospects and try to convince.

Professionals are value focused and sort!

Value focused people go into the market place focused
on what their opportunity can mean for their prospect.
Rarely is anybody offended when you approach them from a true value
focused standpoint. The opportunity may not be for them,
but most of the time they will appreciate you taking the time and effort to share it with them.

I think networking marketing has a bad rap today mainly from well over 50 years of desperate amateurs with dollar signs in their eyes hounding their family and friends to death.

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LaurieK
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#205 · Posted: 23 Feb 2010 02:01


I also resonate with the comment from username Banker...

People love to buy hope.

Unfortunately, they don't understand that network marketing is a career that requires education because it's so different from what they've probably been doing to earn a living before -- especially for those without even basic typing and computer skills!

Not only do they need to learn these skills, but that is on top of all the other skills like prospecting and marketing, lead generation, etc.

If only they understood that it's probably not going to be an overnight thing, and there IS work involved, and they started BEFORE they were in a crisis situation, they might have a better chance.

On those terms, network marketing and direct sales opportunities DO offer HOPE, and with determination a person can change their life for much the better!

They need to go into it aware that education will be involved, set up a plan, and work it and stick to it.

Also, they should also look to recruit people who understand things the same way.

~ Laurie

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shaun
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#206 · Posted: 23 Feb 2010 03:32


LaurieK
That was me who wrote "People love to buy hope"
I was responding to Banker

Its one of my favourite sayings and I see it all the time.
You can buy all the books & courses on PPC, SEO, Generating Traffic ,Twitter, Copywriting & psychology you like. Unless you DO & Take ACTION then your just buying hope !!

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web20mentor
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#207 · Posted: 8 Mar 2010 23:15


What can I say? Two years and 11 pages of comments later everything in the original post still holds true today. These principles are timeless. They worked for Jesus and they will most certainly work for you.

Today, more than ever, we must not take for granted this one fact: Our highest visions, our most spectacular dreams are all waiting on the other side of the door labeled "SERVE OTHERS".

This is not something that can be legislated or pushed on someone. It must come from the heart. It must be real. Substitutes are obvious. Don't be a good copy...be the best YOU. And teach others to do the same. Looking forward to more great feedback and posting from MLM'ers everywhere!

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BHP
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#208 · Posted: 26 Mar 2010 12:50 · Edited by: BHP


or course, 97/100 people who believe in the hope of Jesus don't lose and end up bitter... those darn stats...

I guess I do share Danny's awe though...

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gingerva
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#209 · Posted: 29 Mar 2010 16:57


97% may fail but that means 3% succeed. I don't think the The Network Marketing business is any different in that respect than any other business; only 3% of the entire population ever reach their financial goals.

So let's go find potential leaders and forget about the 97% who are not serious about making a change.

Ginger Hogue

web20mentor
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#210 · Posted: 6 Apr 2010 11:50


Ginger,
I hear you...but I think it's a very dangerous and unattractive thing to say "let's forget about the 97%". You assume that they are not serious. But that is not always the case. Yes, some refuse to do the work. And there is work. But there are plenty of flaws in the recruiting practices of most network marketing reps. More often than not, reps are recruited and then left hanging. They are never taught what works, what doesn't. They never learn how to be a professional network marketer and thus they CANNOT develop a professional level income. But I do understand what you are saying. And I don't believe that you really feel like those that struggle are not worth your time and effort.

On a side note I will say this....these attraction marketing "systems" where we are promoting affiliate tools....it's killing the long term success of the teams we say we want to build. I have built those systems and made tons of money with them. But they are crippling to a true network marketing company. That is why I stopped using them. They are good for the affiliate marketers...but those affiliate marketers are using the lack of expertise of the average network marketer as bait to get them into an affiliate sales funnel that will NEVER result in producing the big earners in their network marketing business. But that is not the point of this thread. So I digress and promise to expound on that in a new post.

BHP, I won't get into a debate about whether or not 97% of those that follow (or SAY they follow) Jesus end up losing or bitter. I do know this; like MLM, salvation is not as simple as saying we like the idea of it. We must prove our faith through our works. Nothing less than total life transformation is acceptable. In other words, it's not easy. My point was simply that he recruited 12 people and worked with them side by side until they were ready to do it on their own. He sacrificed his own life for the salvation and success of others. And more than 2000 years later, followers of Christ around the world continue to take up their own crosses and follow his example and teach the Truth.

I think that it is a powerful and empowering message and example to keep in our minds.

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BHP
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#211 · Posted: 8 Apr 2010 13:48


Actually Danny, when you explain your analogy, it is spot on, and very well said.

Unfortunately, most 'upstream leaders' dont give a flip about the people they recruit, but only in their ability to recruit and profit by them. And that analogy seems to hold true in modern religion as well.

I will still respectfully disagree that this is the best way to earn a living however. I'm too much of a 'believe in the reality of numbers and statistics' person to pay money to work for a company.

Even if I start an mlm, the numbers say it'll go bankrupt in 4 years. It simply is not sustainable, and all the people that get in late end up paying $$ on membership each month and training supplies. And then their company vanishes. There are tons and tons of mlm companies that pop up, make the guys at the top rich, and then vanish. It just seems dodgy to me - that's all.

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web20mentor
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#212 · Posted: 8 Apr 2010 22:24 · Edited by: web20mentor


I hear you. And thank you!

Many thoughts come to mind. If you read on, keep in mind that my intention is not to be self promotional. I started this thread two years ago and my intention is to truly shed light on the darkness.

I will reveal something here that only students who have gotten into coaching programs with me know

For over 3 years I was teaching network marketers how to generate tons of leads online but I refused to be in a network marketing business myself.

I would tell people that it was because it was a conflict of interest for me to get into one while people from all sorts of companies were paying me to train them on how to use the web to get tons of leads. True enough.

But that was not my biggest reason for avoiding a network marketing company.

The biggest reason was because I would not sell something that I didn't believe in. I believed in the power of web2.0 to draw the world close to you. I still do.

I knew that I could teach anyone to build a large stream of leads. Nowadays everybody is a lead generation expert...but the only thing they are an expert at is signing up for some automatic system full of affiliate tools, books and garbage that totally screws up your vision!

STAY FAR AWAY FROM THOSE THINGS UNLESS YOU WANT TO TRADE IN YOUR BIG DREAM FOR THE LITTLE NICKEL AND DIME DREAM.

I know how good it feels to get that first $12.00 commission check from some stupid friend adding tool...but trust ME, your main business is burning when you go down that road. BURNING. Bait and switch has never seen better days than today!

Anyway, for me I had no desire to generate my own MLM leads for a acai berry company or a healing water company or a chocolate company or any other product. I am not saying those companies are bad. Just not my vision of fun and success.

But I did and still do love seeing others go after it regardless of their company.

Years ago one of my friends tried to get me into the magnet therapy business. We were about 22 at the time and he was telling me how his magnets were changing his energy level and making him feel so much better, sleep better, etc...I was like "GIVE ME A BREAK DUDE! Let's go get a beer...and shut up already!" He was pitching me some product with a story that just didn't fit and that I could care less about. In hindsight I realize that I crushed him and, in fact, he didn't last long. Not my intent, but I really didn't care about magnets.

You rep companies that sell stuff that they don't want, need or use anyway and it's just not a fun day at the office.

But in the name of getting rich, people trudge on! God love em.

And like BHP eluded to above, most last long enough for a wave or two to get some serious money and then its gone.

So I absolutely understand the point he makes.

But consider this. TIMES ARE CHANGING!

Tough times stimulate creativity. Costly mistakes force companies to rethink their entire plans.

What if we came up with a new plan....so different than anything that anyone has ever done. Something that required NO pitching. NO buying of stuff you didn't want or didn't already use....What if...
(dazing off into dream world....ZZZZZzzzzzzzz)


What if you got paid every time you paid your cell phone bill. Would Verizon or ATT or Sprint or any of the others rather pay you to gather some loyal customers for life (are you going to switch to another provider if your making money on the bill?) or would they rather run millions of dollars in ads to get customers that switch to someone else at the first opportunity?

Companies love loyalty.

Loyalty pays the bills of the future. Stockholders like loyalty. Economies like loyalty. Man, once the world got a taste of loyalty, everything else would look like nothing more than a calculated hustle. No brainer for Verizon or any of the other cellular companies that wake up in my dream.

How many people have a TV that they pay a cable bill on?

I use Dish.

What if Dish was willing to spend MILLIONS in down line commissions instead of ads in order to build loyalty.
Overall costs to use a 21st century direct sales model would be pennies on the dollar compared to tv, radio, print, etc..
No brainer for Dish Network.

How many people have high speed internet? Charter, ATT, or any one of about 20 others..Me too.

WHAT IF they would pay me every month to switch my internet service to them? A man can dream, right?

What if GE Home Security, one of the largest and most stable companies on Earth would pay me to use them for life instead of the competition at rates even below the competition? Could they do that? Sure, if they can see LOYALTY, it's a no brainer. Their costs go down and do does my bill AND I get a cut of it every month forever! Dream is getting better!

Do we have to stop dreaming? What about auto clubs, discount vacation clubs, golf course packages at the finest clubs in the US....all in 1 place.

And WHAT IF those companies said to me "don't you dare go out there and sell our services...don't you dare....we want to pay you for YOUR use of these services....and if you go and show this dream plan to others we will pay you on their bills too".


But wake up people. It's just a dream.

My point BHP is that the glass is fuller than you think.

But yeah, network marketing is tough. Network marketing requires sacrifice, loyalty, ability to be friends with new people and care about their needs more than your own. But it doesn't HAVE to mean giving away your integrity or losing your real story just to get paid. You can do it and feel really good about the company you rep.

You can find a company that fulfills all of YOUR DREAMS. Don't give up.


Danny Arrington

MLM without relationships is THE JOKE of the big earners in YOUR BUSINESS.

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RobWynkoop
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#213 · Posted: 16 Apr 2010 08:39


web20mentor:
You can find a company that fulfills all of YOUR DREAMS. Don't give up.

I have and I am not giving up! Thanks for your encouragement.

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wrlawrence
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#214 · Posted: 26 Apr 2010 16:04


Well done and to the point, I have been in nnetwork marketing for a few years and was successfull in the old model of recruiting. The key is you have to go to work and talk to people in your market. In the new system (internet Marketing) you still have to work at setting up programs that offer your leads on an ongoing bases and yes you still have to talk to people. The differnce is your are talking to people who have seeked you out. Whats better chasing 10 people to talk with you or talking to 10 people who are waiting to hear from you.

Bill

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LGNLinda
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#215 · Posted: 26 Apr 2010 17:25


Danny Arrington

"MLM without relationships is THE JOKE of the big earners in YOUR BUSINESS."

Danny-

If all network marketers could really learn, digest and apply just that one comment alone.....Everyone be successful!

I LOVED your comments and agree 100%.

Thanks,

Linda

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BRobins
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#216 · Posted: 27 Apr 2010 01:22


Running a home business requires patience. Getting started is the hardest thing. Remember that and you can't go wrong.

It's also important that you find the right home business, otherwise you will get into something that you will end up regretting.

Good luck.

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wendell wilkins
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#217 · Posted: 8 May 2010 20:01


Danny, brother you ROCK! I mean that was an awesome commentary.It seems that this is in line with biblical principals of helping others first via adding value,be it in business or teaching in any other venue will ultimately pay it's way back to you.

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chucks
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#218 · Posted: 8 May 2010 20:50 · Edited by: chucks


Great insights!

The thing that gets me is when people are doing there due diligence, about the industry, why do they go seek opinions of people who have either failed or are related to someone that failed ?

you would think they would ask people who are successful and know what they are doing.

To your success,
Chucks

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Elur MLM
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#219 · Posted: 18 May 2010 08:40


Danny Arrington, well said. Thanks for your sharing!. Enjoy it.

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fmiceo
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#220 · Posted: 20 May 2010 18:49


I agree that many people fail because they don't take responsibility for their own business. I went through that phase at one time in my network marketing career where I got in business and didn't take action. I didn't treat my business for what it was...a multi-billion dollar business. I was depending on my upline to help me succeed but was not taking any action myself. Trust me my team is more than ready to help me succeed...but only if I'm first ready to help myself. However, I chose not to blame anyone but mystelf. This is how I have become successful. I agree we can make excuses or money but not both.

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