The Maverick Marketeer asked:


Network marketing opportunities that work not only exist, but are also doing quite well for themselves and their representatives. Some people will no doubt scoff at the notion. It’s understandable considering the number of businesses that pose as reputable top notch network marketing opportunities.

To give you a better idea of what network marketing is and what it isn’t, let’s look at some of the basics of network marketing. Network marketing isn’t an industry in and of itself. It’s a method of distribution for various products and services.

Network marketing organizations rely on their representatives to promote and sell the company product or service. This saves the company the huge expense of marketing themselves.

Also, because network marketing allows reps to recruit and train their own sales team, they receive a portion of the revenue generated by their sales team.

When most people hear the terms network marketing or multi-level marketing, they tend to immediately think “oh no…! Not another pyramid scheme.” It’s good to have a basic understanding of the fundamental difference between the two.

Point blank, pyramid schemes are illegal. Besides that however, pyramid schemes don’t rely on the sale of a product or service. Instead, these organizations focus heavily on recruiting and provide give little or no value to the new recruit aside for the promise of big bucks.

So, if the business opportunity you’re looking at doesn’t have a clearly defined product or service, or relies heavily on fancy recruiting systems to “do all the work for you”, it’s most likely an just another attempt to dazzle you with lots of hype.

Believe me, I speak from personal experience. “Everything that glitters, ain’t gold.” Use good judgment, and be sure to do the proper background research before you spend your hard earn money on a potential business opportunity.

Network marketing opportunities are a legitimate means to provide some additional income at low cost and limited risk.

Jackie Khor asked:


When I was in Malaysia conducting many hotel presentations for my home business with a network marketing company, I received many similar questions about “What is your killer product?”. Not products that can kill you, of course. What they meant was, show them a product that would cure cancer, for example, such that every cancer patient in the world would be lined up at their doorstep, willing to pay every penny they own in return.

I don’t have such products and believe there is no such a magic pill at the moment. However, I have very high quality degenerative disease prevention products.

People who want financial freedom spend their time endlessly researching various opportunities, companies, products and the compensation plans. While this is important, it is done in an incorrect order.

If you want to guarantee your success with USANA, Manatech, Herbalife, Agel, Xango, Synergy or any other network marketing company, there are only three essential factors to consider, each in its correct order.

Factor # 1: Make A Decision To Commit

Whether or not you have drive and desire will primarily decide your success.

You need to commit for the long term in building a network marketing business. Understanding that network marketing is a business model designed to accrue value and net worth over time is important.

Our bookshops are filled with books by the richest, most influential and successful people of our time teaching you how to get rich. Believe me, all of them have invested in themselves and made sacrifices to get to where they are today. They don’t mention it because either they forgot all about it for it has happened some time ago or they think that it is just common knowledge. If you’ve studied any successful entrepreneur, you’ll see that they worked harder than anyone. Regardless of what anyone tells you or what you believe, you’ll have to do the same. There are no hand-outs.

That doesn’t mean you won’t make a substantial amount of money in a short period of time. You can very well do that.

Then, why is it that most people continue to be slaves for money working 70 hours per week?

Do you know that most of us were conditioned to believe that if we went to school and got an education, we would get a job in our chosen field, work for 40 years, climb the ladder of success, and then retire in comfort? How nice?

Unfortunately, that is not how it usually works out nowadays. So, you better be the first to start in your generation so that you can either share or leave this legacy to your kids. You can lead them to a better position to look after themselves and their future families.

On the other hand, there is no such thing as a ‘get rich quick’ scheme or rewards without effort. If you come across one, it is most likely a scam. At the minimum, you still need to play a part in bringing your customers to the pool and they must purchase something in order for you to earn the money. This is just a fact of life. Revenue is generated when a sale is made and you get commission based on sales.

Are you looking for a hand out in your network marketing business? Deep down inside, are you hoping someone or some system will do all the work for you? If you are, then let me save you loads of time and money and plead with you not to start a network marketing business.

Don’t let anyone fool you into thinking network marketing is a get rich quick program. It is not. It takes time to build up a passive residual income.

More than any other business, network marketing is a relationship business. Therefore, we are working with people all the time. People are unpredictable. We don’t know who will put in effort and duplicate and who will not. This is why most companies talk about network marketing as a numbers game. You have to recruit enough people until you have some coachable business builders who will expand your business.

Does this sound like get rich quick scheme?

Thus, building a stable residual income stream takes time, consistence, persistence and patience to enjoy the time and financial freedom you are seeking. You are in for long haul.

That is why your ‘WHY’ is so important. How bad do you want this? Why do you want it?

Too many people join my team saying “I’ll give USANA a go”. I have learnt to turn these bad eggs down because they are wasting my time which I can never gain back.

Do yourself a favor. If you’re planning to just try network marketing, you may as well not start. Also,in this business it takes the tenacity and professionalism to earn the six figure income. You have already decided the outcome by having little faith in yourself and unwilling to put all the time you got left to learn the business. Mind you most people lack of self-confidence when they start but because of their ‘Why’ which gives them the determination to learn to move forward.

Do you know your ‘WHY’? You must expect success. Make a decision that financial freedom is something you deserve and you will do whatever it takes to get it. Whatever skills you lack, you’re going to learn and each time you fall you’ll try again.

Factor # 2:

Partner Up With The Best Leadership and Marketing Team

If you have integrity, you will commit to your dream. But how will you get there?

Honestly, this is not a million dollar question. Lots of people have come through successful. The formula is well-known but the ways to apply the formula can vary.

There is no point going to Uncle Bob who works hard all his life to ask for advice on how to get rich. He doesn’t know the formula. If he did, he would be financially free too.

Warren Buffet and Randy Gage who are both very successful people in their arena, said “Never ask for financial advice from broke people”. Personally I think it is an excellent piece of advice.

You need to find a team of network marketers who have achieved financial freedom for themselves and learn their ways of the success formula. So partner up with someone successful who has the result you want.

It is leadership and marketing that sell products and build down lines. Thus, it is important to ensure that there is a simple system in place that gets you earning money early on. Be careful here, many leaders use the company business development system alone with their new associates. Their system consists of contracting everyone you know and when you finish talking to them, they encourage you to buy cold leads at $5-$20 a lead, pass out flyers, advertise on local newspapers, hang signposts, do mailbox drops, etc.

These methods can work but they are costly and time consuming. Most new associates spend themselves out of business before they could learn new skills. But hey, if that is something you want to do, its alright.

Otherwise, make sure you ask the leader what kind of system they have in place to generate leads and what it will cost you. I highly recommend joining a team that is internet savvy and uses both the traditional and internet-based marketing models to generate leads.

Factor # 3: Choose the Right Company

Notice this is the least important factor. You could have an excellent product, the best compensation plan, the cheapest startup cost, no monthly volume requirements and etc but if you don’t work with a team who know how to market, you will have to learn on your own.

Let’s face it, working from home takes discipline. It takes getting off your **** and taking action even if you don’t earn a paycheck today. It takes seeing the bigger vision of where you are heading and having faith to stay the course. It is pretty hard to work on your own especially most compensation plans in network marketing work best with team effort. Not only that, your willpower as an entrepreneur in the beginning may not withstand many challenges that you are going to face in any business. Hence, you do need team support and proven strategic marketing plan to execute.

When considering a company to partner with, remember the money you make comes from sales commissions until you attain a certain membership title level.Then you are entitled to receive leadership bonuses in addition to your sales commissions. Until that time comes, focus on how attainable you are able to make sales and not waste your effort down the track.

There are hundreds of network marketing companies out there. How do you separate a winning network marketing company from the rest?

Here are a few tips to help you judge opportunities and choose the right network marketing business for you.

Financial stability:

You should look for a financially stable network marketing company that has been in business for at least five years. Network marketing companies, like all new companies, have a high business failure rate in the first couple of years of operation. If they are still in business after five years, chances are they will be in business for a long time to come.

One way to be more certain of a network marketing company’s financial situation is to select a publicly traded company. They have to disclose their financial details to their national regulatory authority on a regular basis. You’ll be able to review their financial statements and quarterly earnings reports so that you can judge their financial stability. Remember, if you are going to get paid, the network marketing company needs to be solvent!

The right product or service:

What kind of products or services is the network marketing company offering? To successfully sell a product it needs to have its own unique selling point and be something that you would use and believe in. For example, there’s no point in joining a networking marketing company which specializes in car products and you are not interested in those products.

Make sure that the products and services offered are something that a large proportion of the public needs or will want to purchase repeatedly month in and month out. For you to earn money there must to be a good ongoing market in a growing industry for your product. The best products are those that are consumed or used up, because they generate repeat sales. Ensure that similar items are not available in retail stores. There’s no strong reason for anyone to buy products from a network marketing company if they aren’t unique or better in some way.

The right marketing system:

Examine the network marketing company’s marketing strategies. Do you have to sell items door-to-door? Does the network marketing company have high quality marketing materials that are good value for money? Are you permitted to generate leads through internet marketing?

Some network marketing businesses have developed a system and tools you can use to generate sales. These can include simple ads, catalogues and the internet. They’re far more time efficient and less draining than the hard slog of door knocking, or contacting every acquaintance in your address book.

In summary, if you have the discipline to grow, learn, and not quit, you will succeed. Isn’t this true with anything else in life? No one is going to create success for you. No system is going to create success for you. You are the only one who can work with a system to create success in your life.

Rod Nichols asked:


The Twelve Power Secrets for Network Marketing Success

By Rod Nichols

 

My first book, Successful Network Marketing for the 21st Century was an industry best seller for several years and helped tens of thousands of network marketers build successful businesses. However, I always felt there were some key knowledge missing from that book and so, over the last three years, I’ve been working on a new book and today I’m happy to announce that The Twelve Power Secrets for Network Marketing Success has been released through Unlimited Publishing. This is the best book I’ve written on network marketing, as it is packed with millions of dollars worth of ideas for building a large and lucrative network marketing business. In the following article, I’d like to give you a great overview of the book. The information in this article alone could help a fledgling or struggling network marketer turn their business into a money maker, so imagine what the book could do. Please enjoy the article, put the information to work and do as I have and build a lifetime stream of residual income, so that you can have both financial and time freedom.

 

Here are the twelve power secrets for network marketing success:

 

Power Secret One: Select the Right Company

 

During my nearly 29 years of network marketing, I’ve selected the wrong company a number of times. Not that the company was bad, although there were a few that were, but rather they weren’t a good fit for me. Even if a company is growing rapidly, has an amazing product, solid compensation plan, and great marketing materials, it doesn’t mean that it’s right for everyone. The questions you have to ask are: Does the company have the same values as mine? Are they marketing in a way that is suitable to my personality? Do they offer a product or service that I can get passionate about? Is the compensation plan suited to my abilities, time commitment, and talents? Once you answer these and other questions, you will have a better feel for whether a company is right for you and although selecting the right company doesn’t guarantee success, it does drastically increase the odds. The key is to do your due diligence and make a good selection.

 

Power Secret Two: Pick the Right Sponsor

 

One of the biggest mistakes I see made in network marketing is picking the wrong sponsor. Typically one of two things happens. Either a person gets sponsored by a friend, family member, or associate, who doesn’t know anything more about building a successful network marketing business than they do. The second option usually happens after a bad experience with the first option and so they begin researching to find a big hitter to sponsor them. The problem with being sponsored by a big hitter is that they don’t always have time to work closely with new people. After all they probably have thousands of people in their network, all needing some level of attention. The key here is to be sponsored by someone who is serious about building a big business and is willing to dedicate the time to help you succeed. It’s also important that your sponsor have similar values and be someone you would enjoy working with very closely. Again, picking the right sponsor doesn’t guarantee success, but it sure helps.

 

Power Secret Three: Develop Purpose, Goals, and Objectives

 

Over the years I’ve trained and coached tens of thousands of network marketers and have found that most don’t really know why they are in business. It’s critical to long-term success to have a solid “why” or purpose for being in business. It might be to have more time freedom to enjoy your family or to secure your financial future, so you can give your time to ministry or charity work. It might be to become the largest contributor to a charity or ministry. Whatever your purpose, it needs to be vibrant enough to keep you going during the tough times. Once you have a solid purpose, then you must determine what needs to happen in order to achieve that purpose – these are called goals and are the stepping stones or road signs along the way toward your purpose. Goals need to be written and reviewed daily. Often goals are too big to determine what to do on a daily basis, so you should break them down into manageable activities called objectives. Start each day by reviewing your purpose, goals, and objectives, then start working on the highest priority objectives and you will quickly reach your goals and achieve your purpose.

 

Power Secret Four: Right Attitudes and Beliefs

 

Many people fail in network marketing because they don’t have the right attitude. They treat their business like a hobby, working at it whenever time allows, rather than treating it like a business and scheduling regular time for business activities. I’ve also encountered many people in network marketing businesses, who show signs that they believe that what they are doing isn’t quite on the up and up, which makes it difficult for them to talk with people. It’s critical to success in network marketing to build belief in three areas: First, is believing in the network marketing industry (if you are struggling in this area, order my book The Ideal Business, by visiting my web site at www.RodNichols.com and clicking on Store). Second, is believing in your company and the products/services. Third, is believing in yourself as a network marketing business owner. If your belief is not strong in all three areas, success will elude you.

 

Power Secret Five: Treat it Like a Business, Not a Hobby

 

What does this mean? Most people who enter the network marketing industry have never run a business, so they don’t know what it means to treat it like a business. The keys are to first have the right attitude and second the right actions. Network marketing is one of the very few businesses that can be built while still employed at something else. The great part is that you keep your current income, while building another stream, which eventually will replace the first source. However, in order to do that, you must do the things that successful business people do. You must be consistent and persistent with your business and work on the most productive activities every day. Finally, you need to make a long-term commitment to your business. I have to laugh when someone says they’ll give it a try for six months or so. I’ve owned businesses, both network marketing and traditional, for many years and I’ve yet to find one that would produce a full-time income within six months, while building it on a part-time basis. Yes, some people earn big time income in network marketing within their first six months, but it’s because they put in a more than full-time effort or already had a massive circle of influence. For the average person, like me and probably you, it’s going to take some time and effort to build your business, but if you do it right for the next few years, you’ll never have to worry about money again.

 

Power Secret Six: Have a M.A.P.

 

If you were going to drive your car from Seattle, WA to Orlando, FL, would you just jump on the nearest highway and start driving, in hopes that some day soon you’d reach Orlando? No, that would be ludicrous and yet, that’s how most people build a network marketing business. It’s a journey and you need a M.A.P., which stands for Marketing Action Plan. This plan will guide you from where you are right now to where you want to go in life. It should include your purpose, goals, objectives, marketing strategies, and a daily plan to implement those strategies. That way, you are always on track toward your goals and purpose.

 

Power Secret Seven: Become a Master Prospector

 

If you were wandering through a field and stumbled across a goldmine, you would immediately buy the lot, purchase digging equipment, and begin to mine the gold. Well, you have stumbled across a goldmine and it’s in your network marketing business. The key is to prospect for the gold nuggets among your friends, family, co-workers, neighbors, congregation members, people out on the internet, and people you meet out in public. There is a direct relationship between the quantity/quality of prospecting and the amount of money you make, so become a master prospector and watch your income sky rocket.

 

Power Secret Eight: Treat Different People Differently

 

If you are treating everyone exactly the same, then you’re missing the boat with 75% of them. There are four basic personalities and although we operate at times in all four, every person functions primarily in one of the four. By understanding the characteristics of each personality, you can better communicate and present to prospects, plus train and support those in your network. Understanding and recognizing the different personalities will increase your sponsoring and retention ratios.

 

Power Secret Nine: Become a Master Presenter

 

There is an old saying that says “facts tell and stories sell.” If you want to become a successful network marketer, you must become an excellent story teller. At first, you will tell the stories of successful people in your upline and later you’ll share your own success story. People love to hear stories and will better retain the information you’re presenting. Effective story telling is one part of becoming a master presenter and by becoming one, you will move yourself into the ranks of the top performers in your company.

 

Power Secret Ten: Become a Savvy Internet Marketer

 

The basis of network marketing is building networks of people who buy and sell products/services. What better place to build a network of people than on a natural worldwide network called the internet? According to Internet World Stats, which you can view at www.internetworldstats.com/stats.htm, as of 2006 there were a little over one billion people on the internet worldwide and that’s up from 101 million in 1998. As you can see, the internet is growing rapidly and is the place to build a network marketing business. However, it’s easy to get lost or overwhelmed on and by the internet, so the key is to learn how to be a savvy internet network marketer. First, you want to have an effective lead capturing web site with autoresponders that follow-up on your prospects. Second, you’ll need an effective database or contact management system that helps you remember to follow-up personally with qualified prospects. Third, you want to have an excellent online presentation system including web site based presentations in flash or video and live webinars. Fourth, you’ll need to have a pass-coded training web site that takes your new associates through some basic training. From there you’ll want to learn about funded business proposals (check out my new funded business proposal system www.the2percentplan.com/plus), pay-per-click advertising, and social marketing. Becoming a savvy internet marketer will add a number of effective business building weapons to your arsenal and help you build a large and lucrative business.

 

Power Secret Eleven: Develop Leaders

 

When I joined the industry in 1979, I was taught that if a person could fog a mirror I should attempt to sponsor them. Well, it’s one thing to sponsor a bunch of people and it’s something completely different to develop leaders. Leaders will duplicate, causing expansion of your network without any effort on your part. Leaders will attract other leaders and potential leaders, so learn how to identify and sponsor leaders, plus how to train and develop them. Once you’ve developed several organizations that have at least one leader, you will have a solid base for building a long-term walk-away residual income.

 

Power Secret Twelve: The Ultimate Power Secret

 

This is actually the most important of the power secrets. You can effectively use the other eleven and without the ultimate power secret you will still only enjoy marginal results. This is the difference between a double A battery and 220volts of electricity. In fact, the ultimate secret is the real power behind every success. Think about your computer. You could have the latest, greatest, and most powerful computer made by man, but if you don’t plug it into the wall and power it up, the computer is useless. Once you plug into the ultimate power source, amazing things will begin to happen – leaders will be attracted to you and your business, your marketing campaigns produce better results, and you suddenly know exactly what to say to a prospect. This is the culmination of all the power secrets for network marketing success.

 

Everything you need for massive network marketing success is contained in these twelve power secrets. However, failure or success is truly in your hands and is dependent on what you do with this knowledge. Obviously, I couldn’t include all of the information in each power secret or this would have been a very, very long article, so if you’re serious about building a large and lucrative network marketing business, you might want to pick up a copy of my new book by visiting www.RodNichols.com (store). However, even with all the information, it’s still up to you. Knowledge is power, but only when put into action, so the question is whether you are ready for success or not? If you are, then put this knowledge into action and in a few months to a few years you’ll enjoy the fruits of your labor – financial and time freedom.

Koz Huseyin asked:


Network Marketing is a subject that always gets me excited. And rightly so, with so many benefits we can get as part of MLM Marketing opportunities. However, people often say why Network Marketing? There are many reasons why Multilevel Marketing is a great opportunity, whatever happens, whether you succeed in the business model or not.

Network Marketing is a business model which was born about the 1950’s. And since it started being called MLM and later changing to be called Network Marketing has been a fountain of wealth for many people. In fact, more millionaires have been created in the US than any other model of business. This is an amazing fact, and a fact which when we consider if someone else has achieved success, then you can succeed in Network MLM Marketing as well is simply amazing.

Consider the win - win of this model. Whether you succeed in MLM or not. Network Marketing gives many people an easy accessible way to start a home business. This makes Network Marketing a great home business opportunity to consider, as the needed investment to get started is usually same as going to a restaurant or a concert. Whatever your level of knowledge about business, Network Marketing gives you the ability to learn the possibilities of what is possible and also teaching you the necessary skills on running a business. This alone makes the multilevel marketing home business opportunities a win - win situation.

Network Marketing home business opportunities are also a great way to network and gain people skills. It is not like going into education where the payoff is later, though generally the huge payoff in this type of work from home business comes, when you master the networking and marketing aspects, and the necessary parts to make your home business a success. With MLM Network Marketing you will find that your results are your scorecard. More you study and apply, more you will succeed.

Many people shun away from the extra learning necessary as part of Network Marketing, and this makes these types of businesses to get a bad name on occasion. Most people simply want to join and expect the membership to be the only way to make their dreams possible. Understand that Multi Level Marketing principles are easy, however, success is not so easy, it takes time and commitment, and this is where many will fail.

Success in Network Marketing is pretty much learning your strengths and weaknesses, being creative and utilizing a system that is proven to work. Most people don’t realize that if someone has achieved the goals you would like to achieve in your multilevel marketing home business opportunity, then it is fully possible that you can with the same Network Marketing training material.

I was recently researching the average salary range for people in Network Marketing and found that the average was $120,000. Now that is a good figure and one which many would not achieve if they where working for someone else. The MLM model also allows a framework where you can be free to do what you want to do. You could set up another business when you become successful at Network Marketing. Being part of a home business opportunity gives you access to some real gems. These people you can help and turn them from uncut diamonds to diamonds. If you are not a cut diamond yet, then you can gain the help of your up-line.

Your up-line is your coach, motivator, and helper in times of need. They have been in the opportunity a lot longer then you, and know what works. Your up-line can really help you keep in check, with realistic and ever growing goals, and also make sure you are taking action.

More and more people are joining Network Marketing opportunities as they prove an easy route into business. In the Asian markets and countries where income is low, the Network Marketing model of business is helping many achieve a kind of success which most others could not dream of. The doorway of Network Marketing is one that can work for you, as long as you find one that you find you feel passionate or at least excited about the product or service.

Rod Nichols asked:


The Five Failure Factors

By Rod Nichols

 

1. Takes too long to make money – although there are a few that pay daily, most network marketing companies pay residuals either monthly or weekly. The average new network marketer takes sixty days or longer to sponsor their first person. During those first sixty days, they have paid the costs to join, bought products or activated a service, purchased marketing materials, and possibly paid to be part of an advertising co-operative or purchased leads. They have also made their list of 100 or 200 warm market prospects and are tentatively blundering through those, experiencing a great deal of rejection. All this and they haven’t made a penny in the business.

 

Now, I recognize that some programs offer the opportunity to retail products or services and make some money. Some people will do this. However, most people **** sales and will not be comfortable trying to sell products or services to their family and friends, so this is also not a viable avenue for making quick money.

 

The key is to have something that can be sold automatically through the internet – the best is an information product (i.e. e-book, training program, etc.). This product must have huge value and be appealing to people involved in network marketing. By offering this product, you accomplish several things. First, it’s a low ticket item compared to joining most network marketing companies, which will increase the number of people who buy. Second, it attracts exactly the people you want for your network marketing business. So, give some thought to writing an e-book or training program or using one that has already been written. Make sure it appeals to those interested in network marketing and has solid value.

 

2. Run out of warm market prospects – Social scientists say that we know 2,000 people and all we have to do is remember them and we’ve got a great base of prospects for our business. The problem with this is that there are very few of those people who are actually open to your business. Yes, they could all benefit from your product or service and from the financial and time freedom that can result from network marketing, but they still won’t join your company or mine or anyone else’s. So, that new associate is going to join your company and begin working through his/her warm market, getting “NO” after “NO” until they begin to doubt that it’s going to work for them. At that point, they are encouraged to purchase leads, which they have to call using a phone script. Most people would rather jump out of an airplane without out a chute than make cold calls to people they don’t know, so this typically doesn’t work and within 60 days or so, they quit returning your calls and e-mails and disappear into the network marketing twilight zone.

 

Selling in information product via the internet, will also eliminate this failure factor, as your internet-based system will be attracting quality leads 24 hours a day, 7 days a week and sending them right to your e-mail box. All you have to do is call and find out if they are looking for a network marketing; already with a company, but not happy; or with a company and happy. The first two categories are leads and you should introduce your company and your lead generation system that enables you to get paid to prospect. These people are already sold on network marketing, so all you have to do is present yourself, your business, and marketing system in such a way that they can see themselves doing it.

 

3. Afraid to approach people – Network marketing is an entrepreneurial type business that attracts primarily people who are not entrepreneurs. The problem with this is that most of the people who join your business or any other network marketing business are going to afraid to approach people. They don’t know what to say, are afraid that someone will ask a question they can’t answer, are concerned about what other people are going to think (particularly friends and family), and are afraid someone is going to get upset with them. Fear probably destroys more dreams than anything else in life and it is very active in network marketing. Fear can very quickly drive your very excited new associate out of the business in just a matter of days or weeks.

 

An internet-based marketing system is perfect, because you only talk with qualified people. This reduces the amount of rejection and increases the number of people joining your network. Plus, if you are using a system that works, you’ll never run out of quality leads.

 

4. Don’t know how to build on the internet – As you have probably recognized, internet marketing is the wave of the future. Everyone is talking about “social networking”, “You Tube presentations”, and funded business proposals. There are so many great opportunities for marketing on the internet and lot’s of training programs that will “teach you how to make millions on the internet.” The problem is that most of the people who join your business will not have a clue about how to build on the internet. So, the key is to find a simple, easy to understand program for marketing on the internet, that won’t distract them from their network marketing business.

 

This is a tough one, because the internet gets more complicated every day. So, you can either bite the bullet and pay thousands of dollars to learn how to develop an internet marketing system, hire someone and pay them thousands of dollars to design one or use an already proven system (see below). No matter how you do it, make sure you’ve got an internet marketing system working for you every day.

 

5. Aren’t trained properly – Some network marketing companies and upline teams do a great job of training, however this is more of a rarity than the norm. Unfortunately, most people who join network marketing companies are never trained properly and so they fail. It’s not their fault. The key to training is to have someone who has been there, done that, and made a lot of money do the training. However, usually that type of person in your upline is either too busy with his/her own huge downline or they are off enjoying the free time that results from a big residual income. Either way, people aren’t being trained. So, what is needed is a system, developed by a successful network marketer that will help you train your downline and give them something that will enable them to train their downline.

 

Check with your upline leaders to see what training is available and then devote time and resources to gaining the best training possible. The more you know, the better you will do (as long as you put that knowledge into action). Keep in mind that this is a business of duplication, so find trainings that teach methods that fit your personality and budget.

 

 

Now, that you know the five failure factors and what to do about them. The question is what are you going to do about it? Your answer and following actions will dictate your level of success in network marketing. If you’re going to be the leader of a large network, you’ll need to either find or develop a system that will eliminate or at least minimize the five failure factors. It will need to help new associates make money quickly – their first week or two in business. It will need to be a lead generation system, so they never run out of prospects. It will need to be something where they don’t have to make a lot of direct contacts with cold prospects, so as to reduce the feeling of rejection. It will need to be a simple, easy to use internet system that works for them 24/7. It will need to include simple to follow training that can get them started quickly. Finally, it can’t compete for their time with the network marketing business you and they are working.

 

Be assured that if you develop just such a system, it will help many of your downline go on to create full-time incomes in network marketing and reduce the failure rate in your network. If developed and implemented properly, a system like this will also dramatically increase your network marketing income. So, get to work and develop a system that will eliminate that five failure factors.

 

NOTE: Years ago, I spent a great deal of time and money developing such systems and they helped me build a large and lucrative international network. If you don’t want to spend the time or money, there is an excellent option. It’s called The 2 Percent Plan and is a synthesis of systems I developed in the past with the hottest new concepts available today. This program, if used properly, eliminates all five of the failure factors. If you’re interested in learning more, visit www.the2percentplan.com/plus.