Network Marketing and the Emotional Roller-Coaster
There is a reason why the success rate is so low in Network Marketing.
It is an emotional rollercoaster.
Network Marketing offers an amazing opportunity to anyone.
It offers anyone a turnkey business plan.
It offers a product or service that you can use regularly.
It offers a compensation for distribution and best of all, when you introduce the business plan to others, you reap the benefits of their progress.
So why do people walk away from their investment after just one year? You read that right; there is a 97% failure rate in Network Marketing.
Only 3% of the people starting in this industry will succeed.
There are many reasons why people walk away from the initial investment, but the emotional rollercoaster is the most instinctual.
So what happens? One day, your talking to a friend, family member or business associate about the economy and your financial situation and out of the blue...
he asks you to look at something, a business plan.
You look at this Network Marketing Business plan.
It involves a service or product that you are very comfortable with showing your family and friends.
The compensation plan is amazing! You can have the whole business, plan and all...
given to you for less than $500! You go home to think about the business opportunity and you can't sleep all night.
You become a business owner the next day.
You are thinking to yourself...
"if I can only sponsor 10 people, and they sponsor 10 people...
I should be able to quite my job and retire in 2 years!" This is where the frustration starts and the burn out that 97 out of 100 people in this business.
You begin jotting down every name you can remember and start systematically calling them for coffee.
You set up meetings at restaurants and hotels; you have one on ones...
the list goes on and on...
have been there? I have! Out of hundreds of people you have only recruited a few.
Your recruits never truly understood the business and now they have essentially quite.
None of your recruits sponsored anyone, so now, you only have 10 quitters in your down line! That's it! The average person will just walk away.
Are you tired of not getting these results you want in your business? Tired of prospecting until you are blue in the face only to be left with an empty wallet?
It is an emotional rollercoaster.
Network Marketing offers an amazing opportunity to anyone.
It offers anyone a turnkey business plan.
It offers a product or service that you can use regularly.
It offers a compensation for distribution and best of all, when you introduce the business plan to others, you reap the benefits of their progress.
So why do people walk away from their investment after just one year? You read that right; there is a 97% failure rate in Network Marketing.
Only 3% of the people starting in this industry will succeed.
There are many reasons why people walk away from the initial investment, but the emotional rollercoaster is the most instinctual.
So what happens? One day, your talking to a friend, family member or business associate about the economy and your financial situation and out of the blue...
he asks you to look at something, a business plan.
You look at this Network Marketing Business plan.
It involves a service or product that you are very comfortable with showing your family and friends.
The compensation plan is amazing! You can have the whole business, plan and all...
given to you for less than $500! You go home to think about the business opportunity and you can't sleep all night.
You become a business owner the next day.
You are thinking to yourself...
"if I can only sponsor 10 people, and they sponsor 10 people...
I should be able to quite my job and retire in 2 years!" This is where the frustration starts and the burn out that 97 out of 100 people in this business.
You begin jotting down every name you can remember and start systematically calling them for coffee.
You set up meetings at restaurants and hotels; you have one on ones...
the list goes on and on...
have been there? I have! Out of hundreds of people you have only recruited a few.
Your recruits never truly understood the business and now they have essentially quite.
None of your recruits sponsored anyone, so now, you only have 10 quitters in your down line! That's it! The average person will just walk away.
Are you tired of not getting these results you want in your business? Tired of prospecting until you are blue in the face only to be left with an empty wallet?
Source...