| Author |
Message |
FreeCashMan
Forums Member
Joined: 31 Dec 2007
Posts: 1025
|
#241 · Posted: 14 Oct 2010 22:15
We more people began to better understand how to dissect favorable compensation plans for the average and ordinary person to succeed and make a 4 figure and beyond monthly income, and understand mlm/network marketing is a business that is about making money, we can then expect to see a greater success, that's profit, amongst the participants that do put in the dedication and commitment to succeed.
__________________
|
cherrywalker
Forums Member
Joined: 20 Oct 2010
Posts: 2
|
#242 · Posted: 20 Oct 2010 23:05
An excellent article and very well thought out responses. Thank you for your insight and honesty.
I intend to be successful and the way to do that is to never give up. To commit to a specific time frame to promote my business and to continue to educate myself so I can answer questions in an honest and timely manner.
Cherry
__________________
http://www.mpbtoday.com/cherrywalker
|
dougadam
Forums Member
Joined: 27 Dec 2007
Posts: 30
|
#243 · Posted: 21 Oct 2010 07:39
This is much better than the shot gun approach. 
__________________
|
Aaronbiz
Forums Member
Joined: 21 Jul 2007
Posts: 94
|
#244 · Posted: 30 Oct 2010 08:47
A couple of quick comments.
Does everybody succeed in everything they pursue, 1st time round ?
When your parents bought your first bicycle, did you jump on it straight away and start riding ?
Ummm is the answer no ?
Then one would assume it will take a little time to MAKE IT and during your journey you will fail (even successful people fail).
My big belief is to find what works for you and go for it. Use mentors and sponsors as guides by all means, but remember you need to find the solutions that will work for YOU.
Aaron
__________________
|
f5mtadas
Guest
Joined:
Posts:
|
#245 · Posted: 3 Nov 2010 07:10
The biggest failure reason is, that people don't have right education for network marketing. They don't what the different between sales person and network marketer (huge difference). Sales person will fail in network marketer, because network marketing is mentoring business, not sales business.
Anyway I would like recommend to watch youtube video, where Tim Sales explain "do most people fail in network marketing ? "
you will know real TRUTH:
http://www.youtube.com/watch?v=-LEjX1GfDEI
|
Ydris
Forums Member
Joined: 30 Oct 2010
Posts: 14
|
#246 · Posted: 26 Nov 2010 14:56
Well
I personnally am not involved in MLM, but i have an uncle who is. The company is Amway i believe. What i like about him is that he truly believe in his business and in his ability to reach his goal, it's been almost 10 years since he got started with Amway, and he's dedication and commitment to Success is what will get him to his Final Destination, Freedom.
So i think that people need to really think about what they want and do whatever it takes to get it. ACTION ACTION ACTION, and nerve quit.
Ydris
__________________
|
numisbigmike
Forums Member
Joined: 26 Nov 2010
Posts: 1
|
#247 · Posted: 26 Nov 2010 22:52
I always found myself blocking myself out by not building relationships first. always just got right to business, people tuned me right out. other things I noticed is people I signed up wanted me to do all the work for them. people think just cause they signed up that checks just appeared and they make money. do your training and follow the steps. after my last training I've been doing one hundred times better. biggest reason being, easier to duplicate. i now realize I needed to make the steps more basic. easier steps, easier business. I still find lazy people but I must say duplication has been key
__________________
|
RobWynkoop
Forums Member
Joined: 29 Mar 2010
Posts: 24
|
#248 · Posted: 12 Dec 2010 11:55
What the heck is a failure anyway? Is it financial only? Must you turn a profit in order to not be considered a failure? Do you need to break even? What if you spent more than you received in commissions? Did you not do some valuable self-discovery? Did you learn about marketing in some way that my help you in the future?
Jordan Adler (the author of Beach Money - a 7-figure earner in multiple companies) "failed" a dozen times before getting it right. After a decade of attempts, he is now one of the most accomplished networkers of all time. So was any of it a failure? It's all about perspective...
__________________
|
FREEBUSINESSES
Forums Member
Joined: 15 Oct 2009
Posts: 328
|
#249 · Posted: 11 Jan 2011 11:24
Good points,
Everyone is different, so defining success as a generic description is difficult. The way I define success will be different than a newbies as example. I research thousands of businesses comparing results using the same promotional effort on each, and like everything, you have to be able to accurately compare results before committing your time, money and experience.
The first rule of thumb I use is to break even in three months or less. If a business opportunity cannot achieve this level of success, then I shelve it and move onto another to add to my portfolio of businesses and affiliate programs.
What you have to realize is nothing that is real is going to earn you millions in the first month, yet most people fail because they quit in less than three months if they see no results, and worse, most will not try another business anytime soon once they think they are failures. Remember this, there is no such thing as success without failure, impossible, so live and learn from each failure is my best advice.
With hundreds of thousands who you must compete with on the internet, it is more difficult than ever to find the right business at the right time, and yes, timing is everything. I research niche markets, value based, and what appeals to the masses, saving money, as well as earning an extra income, not those who want to be millionaires overnight. You have to be a dreamer to succeed, but set reasonable goals or you will fail.
If I could tell you of all the people I had who quit just before breaking through with profits in less than three months, then you would understand why this industry is getting more difficult to succeed in. Attrition rates have always been high, but now with so many newbies jumping into the water, and more sharks than ever before, you really have to get an education before starting any new venture is my best advice.
Success to all,
__________________
|
jnglgrl91
Forums Member
Joined: 24 Jan 2011
Posts: 2
|
#250 · Posted: 24 Jan 2011 12:37
web20mentor
Have fun, follow your passion and serve others without any connection to what they can do for you and the world will bend to your wishes.
Thank you, this line is priceless!! I am just getting started with a MLM that I have alot of passion for and helping others is one of the best things about it! Not just helping myself.
__________________
|
pepote
Forums Member
Joined: 9 Feb 2011
Posts: 2
|
#251 · Posted: 9 Feb 2011 00:27
We all know by now (or do we?) that Network Marketing is certainly not a get-rich-quick scheme industry. Very often though, in our chase for mega wealth, we forget that we must 1st crawl before we can walk and we must 1st walk before we can run. It's during those periods of forgetfulness that people might find themselves engaging in behaviors such as spamming online, and neglecting important relationships they deem "not beneficial to their business", simply because they were told " it's a numbers game" and "we must go through the numbers as quickly as possible". The inevitable failure resulting from such behavior will unavoidably lead to the distributor joining the ranks of the bitter 97% of failed MLMers/online marketers. The same distributors might also find themselves joining a plethora of "easy online money making programs" or companies emphasizing 'spillover" benefits, in an effort to mitigate the financial damage caused by their primary company. And that's actually for those who do get involved in Network Marketing, for many will avoid it as if it was the plague, simply because they have heard or witnessed so many horror stories of people who got in and lost everything down to their pants and shirt in the battle, or simply because they label it in their mind as "one of those pyramid things", but that'll be for a later discussion lol.
Many companies with "front-load" type of compensation plans are designed to foster that type of stressful sense of urgency which results in counterproductive behaviors. Indeed, if someone invested $200-$500 to join a company and they also know they're looking at $40-$70 monthly maintenance fee, and the only way the company will allow them to recoup their investment is by earning "bonuses" through sponsoring a minimum of 3-5 people within the next 30 days, wouldn't it make sense for them to go buck-wild in an attempt to get their return on investment asap? The same companies with front load compensation plans usually feature a residual pay-out is so weak, but new sign-up bonuses that are so high, that it now becomes everyone's mission to become the superman of recruiting, forgetting that we all got in the game to build passive residual income.
So is Network Marketing complicated? Yes and no. It all boils down to what company you select and what types of people you surround yourself with. Please do not get blinded by those who join a company and magically rise to the top in just a few months. Most of those "shooting stars" did not come in the same way you did. They usually come in with a pre-established downline from a previous company and simply leveraged from it or they simply did a very good job at pre-building key relationships prior to joining the company, and so can you with my current project. They have already paid their dues in sweat, blood and tears, trust me. Or some were simply blessed to already have "phat" enough pockets to buy their position to the top (I know some of you must be thinking "oh my God, can they really do that??" Yes they can and yes they have lol)
"So Patrick, what do I do if I'm new to this or if I don't have that type of money to buy big downlines??". Well sit down and evaluate your current opportunity. Are the products/services things you would consume/use yourself if you weren't a distributor and would you be happy with just being a customer? Are your products/services marketable to the masses, and if not do you know what's required for you to attract hordes of qualified prospects to your opportunity (the keyword is "attract")? If you've answered yes to both questions, then this is my solution: build key relationships on and offline
You must 1st crawl before you walk and you must 1st walk before you run,
Happy building,
__________________
If you keep doing what you've been doing, you'll keep doing what you've been doing. It's time for a paradigm shift. Patrick Epote Team Building Leader www.PatrickEpote.com |
web20mentor
Forums Member
Joined: 20 Jan 2008
Posts: 77
|
#252 · Posted: 14 Feb 2011 13:50
I continue to believe that this CAN BE simple. It does not have to stress anyone out and it does not have to take 10 years to begin making great money.
ADD VALUE.
If your even posting replies on this board without asking that question FIRST...you lose.
How can I add massive value to people?
Hint: It's not showing them your great MLM that 97% STILL FAIL AT.
When I began this journey 5 years ago, I asked myself "How can I add massive value to a market where failure is nearly guaranteed?"
Then I began writing until my hand hurt.
I think one of the fastest ways to fail is for someone to look out across the marketplace and say "well, someone has already done that."
They think that because they saw or heard that someone else was already taking a particular approach to adding value that they couldn't do the same thing.
If you feel that way, it could be because you really haven't gotten your mind wrapped around how people are attracted to your business.
If I line 100 guys up and give them a very specific thing to do to add value to their market...let's say I told them all to do a different "Top 10 Lessons I Learned In My First 30 Days From Online Lead Generation"....they would all do it slightly differently.
And guess what?
They would ALL seem GREAT to SOME people. I might think that 99 of them are terrible. But there will be that one guy that really strikes a nerve for me. That is exactly the way this works.
You want to just get out there and do your thing to the very best of your ability...ADD VALUE...and just keep on doing it....the RIGHT people will come along and find you AMAZING!
The other 99 who think that you are terrible are just not your target market anyway.
So make a list of what you can do in the next 30 days to add massive value and go do it.
When your results are not what you want them to be, fine tune your list. Success is guaranteed...just don't quit.
Of course, finding a great mentor is always a no-brainer.
__________________
|
smartsource
Forums Member
Joined: 7 Feb 2011
Posts: 6
|
#253 · Posted: 16 Feb 2011 12:20
web20mentor,
I agree that networking is simple BUT, I have a tendency to complicate everything! I should work for the government: If they can understand it, it's not complex enough!
After getting a good start in a company, I stagnated in the Fall. I listened to some advise and trusted some advertisers to do something they said they could do. Well, they didn't and kept asking me for more money to improve this and that, etc.
Now, I'm regrouping and learning how to have faith in myself and follow ideas that I feel comfortable with.
smartsource 
__________________
|
FREEBUSINESSES
Forums Member
Joined: 15 Oct 2009
Posts: 328
|
#254 · Posted: 16 Feb 2011 13:19
smartsource: After getting a good start in a company, I stagnated in the Fall. I listened to some advise and trusted some advertisers to do something they said they could do. Well, they didn't and kept asking me for more money to improve this and that, etc.
Sad, I can't tell you how many times I have seen the same thing, one upsell after another always with the promise this would make you rich which is very midleading and greed motivated.
If you cannot break even and earn enough to at least cover your own product purchases monthly, forget it, most people will quit in less than three months. Put anyone in a break even position in less than three months and you will likely keep them forever as this is what it takes in MLM in these tough times.
Success to all,
__________________
|
minsardi
Forums Member
Joined: 5 Mar 2011
Posts: 12
|
#255 · Posted: 12 Mar 2011 09:32
The major reason people fail is beacuse
1. they treat it like a hobby. they say to themselves "i'll give it 3 months" and see what happens. you end up becoming an absentee manager. ask yourself if you would hire yourself for this business. if the answer isn't 'yes' than you have a problem.
2. most people don't understand their most valuable resource is yourself. to earn more you have to become more.
__________________
|
DeanB
Forums Member
Joined: 12 Mar 2011
Posts: 7
|
#256 · Posted: 12 Mar 2011 16:43
Hey there,
Through network marketing i have notice a huge lack of integrity and responsibility people act as if this is a job or the business is worth as much as the start up price and thats just pure foolish.
Honestly there is many many reasons why people fail we could make a massive list.
People take failing as a bad experience because of a negative mental attitude they currently have if you look at failure from a positive mental attitude you will clearly see what you needed to learn, what you can improve on and grow stronger because "it does not matter if you fail what matters is getting up everytime you fail" people accept defeat which is pure foolish if you want to succeed.
People seem to focus on the success people have, they think wow they are luck i cant wait to get there blah blah blah what people fail to see is what it took to get there how much time was spend every day working on it what they had to go through just ask yourself this question are you ready to plow straight through the garbage dump to get to where you need to be? are you ready?!
Because on the way obsticles will show every step of the way life tests you to see if you are deserving of getting to where you need to go if you smash straight through the obsticles ALWAYS you will have success beyond your wildest dreams one who stops at the first obsticles well simply you will always fail UNLESS you CHANGE.
Bless you all
To your massive success
__________________
Dean Barrow <a href="http://www.sponsor700reps.com/700reps.html">Sponsor700Reps</a> |
pdblackmore
Forums Member
Joined: 14 Mar 2011
Posts: 1
|
#257 · Posted: 14 Mar 2011 08:34
To quote Thomas Eddison "If I find 10,000 ways something won't work, I haven't failed. I am not discouraged, because every wrong attempt discarded is another step forward.". Take that mindset into anything you do and the word fail doesn't exist anymore.
__________________
|
DeanB
Forums Member
Joined: 12 Mar 2011
Posts: 7
|
#258 · Posted: 30 Mar 2011 02:29
great post choc full of info i think i need to provide REAL useful value i got some traffic but they only view the site and dont take action after that i know i still got a lot of work to do to get conversion
__________________
Dean Barrow <a href="http://www.sponsor700reps.com/700reps.html">Sponsor700Reps</a> |
davidbrockman
Forums Member
Joined: 2 Apr 2011
Posts: 1
|
#259 · Posted: 2 Apr 2011 18:42
this is a great thread..brilliant advice Danny..thanks dude..has made me think about a few things..
cheers
David
__________________
|
Audiowille
Forums Member
Joined: 13 Apr 2011
Posts: 1
|
#260 · Posted: 13 Apr 2011 05:40
Hello everybody, I am a new guy here.
I have recently joined to MLM business and made some success. But it has felt somehow wrong. When people are asking what I am doing in this business, I feel quilty. This is really nice forum to read about MLM experiences
I really dislike this Warm Market system. I have found my people by reading forums or knowing some people who have been in MLM business before.
I like to work hard, but I feel bad when I first time tell people about the business. My "official work" has always been serving customers or being a team leader and I have really enjoyed it even it doenst turn with high profit (salary).
How much MLM is about personality and training? Thank you for your answers!
__________________
Ville Ven�l�inen, Rain Nutrition Distributor
|
Page 13 of 15: «« 1 2 3 ... 9 10 11 12 13 14 15 »»
