There are many reasons why people fail in network marketing.
However, instead of looking into each of these causes, the purpose of this article is to explain what people MUST know when they start their network marketing business so that they will have a better chance to succeed.
This is what you must know in order to succeed in your network marketing business:
1) What is your “job” scope?
2) What is expected of you in your “job”?
3) What you should expect in your “job”?
Network marketing is a business and not a job! In fact, in the network marketing or MLM circle, the acronym J.O.B. stands for:
– Just Obey Boss (Work on a job and take orders from the boss.)
– Just Over Broke (Work on a job, get paid, and after you pay all your bills, you’ll be just over broke.)
– Journey Of the Broke (Work on a job and you’ll likely end up broke after working their whole life!)
– Jump Out of Bed (Hit the alarm clock and jump out of bed each morning to get yourself ready for another day’s work.)
So, what am I talking about?
1) WHAT IS YOUR “JOB” SCOPE?
Say, you check out a job on a classified ad. You’ll be looking at the job title and then the job description. Some ads are so small that you really wonder what’s involved. So, you write that perfect job application letter, update your resume and secure your interview. And besides the salary that you’d most interested in, you’d be finding out the duties and responsibilities of the job.
Bottom line: You know the scope of your job when you get one.
Now, when you start out in your network marketing business, do you know your “job” scope?
As a network marketer, this is your “job” scope:
– UNDERSTAND YOUR PRODUCT AND OFFERINGS
> Learn about the products especially those that you want to focus on (if your company offers a wide range)
> Find out the unique selling proposition of your products. In other words, what are the benefits of your products?
> Be a product of your products so as to know their pros and cons and you’ll be able to share from first-hand experience.
– UNDERSTAND THE COMPANY, ITS MISSION AND VISION
> Find out when and how was the company started
> Find out who owns it and who’s who in the management team
> Find out where are the regional offices (if any) and visit some of them if possible
> Know the company’s mission and its vision
– UNDERSTAND THE COMPENSATION PLAN
> Study the compensation plan and know how to explain to others clearly
> Know the merits of your company’s compensation plan and how it compare with other compensation plans.
– UNDERSTAND THE NETWORK MARKETING INDUSTRY
> Find out about the network marketing industry and how it started
> Study the difference between legitimate network marketing and illegal pyramids
– BUILD YOUR NETWORK THROUGH DUPLICATION
> Realize that network marketing is not sales but a “people” business
> Build your network through your circle of influence and relationship, friendship, partnership and leadership
> Provide training and support to duplicate your downline business partners
> Multiply your efforts so as to grow your business exponentially through the power of LEVERAGE
2) WHAT IS EXPECTED OF YOU IN YOUR “JOB”?
Once you got that job and started working, you are expected to learn and pick up your skills from your seniors and your peers and even from your subordinates.
It is in fact not much different in network marketing. And these are the things that are expected of you:
– TO GET INTO A “BUSINESS” MIND SET
> Realize that since this is a business, you must take responsibility as a business owner
> As you are your own boss, you owe it to no one except yourself whether you succeed or fail
> A business takes time to grow, so be patient with yourself
> Network marketing is a “get rich sure” and not a “get rich quick” business
– TO PRACTICE THE “SUCCESS” MIND SET
> Set your goals and plan your strategy, then take action
> When you do not get the results you want, don’t give up easily but adjust your strategy and take action again
> Keep adjusting your strategy as necessary to achieve the results you want
> In this business, you cannot fail if you practice the “success” mind set
– TO HAVE THE RIGHT ATTITUDES
> In network marketing, you can only succeed if you help others succeed
> Use less of “I, me, myself” and think about how you can add value to your prospects and partners
> Be prepared to walk the extra mile and get busy once your network starts to grow
> How fast your network grows depends on you as you are the leader of your own network
> Whatever you DO, not whatever you say, is duplicated by your network
– TO LEARN THE “BUSINESS” SKILLS
> It’s not money that makes you rich, it’s business skills
> Learn the basic business skills that you need to make this business work
> These are essentially inter-personal and communication skills encompassing prospecting, inviting, presenting, closing, following up, training and support
– TO SHARE THE BUSINESS WITH OTHERS
> If you had started a traditional business with $100,000, would you open your door to do business everyday? Yes, of course.
> Network marketing is a word of mouth business. Thus, to do business means you simply tell others about your products or services.
> When you share your business everyday, you are in fact opening your door to do business everyday.
> Sharing your business is just making a referral. Do not confuse it with selling. A good example is to refer a friend to a restaurant because you thought the food was great. However, you most likely won’t know how they cook or what ingredients the chefs use. You just loved the taste of the food or perhaps the service there.
3) WHAT YOU SHOULD EXPECT IN YOUR “JOB”?
Once you got that job and started working, you are expected to learn and pick up your skills as soon as possible but not instantly. (Unless of course you already have relevant experience in a previous similar job.) So, you actually go through a probation period of 3, 6, 12 or even 24 months. And then, initially, there’s so much to learn and so exciting. However, this wears out as time goes by…
It is in fact not much different in network marketing. And these are the things that you should expect:
– THERE IS A LEARNING CURVE
> No matter how simple your product or compensation plan seems, there is simply a learning curve
> If you are starting network marketing from scratch, you need time to learn and develop the “business” and “success” mind sets as well as your “business” skills.
– YOUR INITIAL EXCITEMENT WILL NOT LAST
> Your initial excitement when you join a network marketing company can only last for 1 to 2 months
> So, you need to maintain your enthusiasm by building your belief and commitment by attending meetings, training, reading or listening to audio, etc
– REPLENISHMENT IS NECESSARY
> People come and people will go whether in jobs or in network marketing
> As this is inevitable, you need to constantly replenish your network by sponsoring new people till you reach a critical mass whereby the growth in your network exceeds the attrition rate.
– THERE WILL ALWAYS BE REJECTION
> No one has a 100% record in sponsoring no matter how good they are.
> Realize that rejection is part of the “job” and that they are rejecting the opportunity, not you
> Dismiss the rejection by chanting, “Some will, some won’t, so what, someone else is waiting”
> There are many reasons why people reject your business opportunity. It could be due to money, time, family or personal problems, fear of rejection, fear of failure, etc.
> There is a ratio like 1 in 10 will join you after you share your business with them. So, the key is to share with as many people as possible. And the good news is that your ratio will increase.
To recap, this is what you must know in order to succeed in your network marketing business:
1) What is your “job” scope?
2) What is expected of you in your “job”?
3) What you should expect in your “job”?
In summary, your job is to share your business through word of mouth with your family and friends. So, learn to share as much as you can and you will get better each time.
However, the decision to join you or not lies with them, not you 🙂
300dayz
project-house
suzukiautos
pgpig43eofobrcg
spiderweave
aujua
thejucoproject
bresme
bencemakul
klikmanga
dhl
altileg
ycmcnc
bieleng
hostingoccupant
afmtrk
shopwithme
airpay
mhdesigns
anet-has
bajajconsumercare
granate
diagnosus
amyna
wairgo
baumportal
artemisialab
hypetech
publicsectornetwork
bedrock
riverside-bike
plasmo
gentlemenscloset
yespromotion
jackson
solucoesw3
propeciahh
almasoft
qvixote2015
akkuplanet
infowarslife
expoalimentariaperu
baskethouse-camp
priuslogistics
w37h
office
avtopizza
mips
bokepindonesia
texasent
financialaccountingfoundation
orchids
tohamasolution
wlabel
tussa
gmf
visissoft
infomagic
codeday
virtualsi
storydownloader
break-away
coveacooperation
reversehomesickness
brozra
centumhill
iab
democracywear
icreateatl
app-egit
fidelityhomegroup
hospedagratis
starever
fnbwayne
poliprint
ciklet
metallsoker
termegold
unionboots
realmoneybestgame
sitkol
kuikma
asffwa
rayanlawfirm
speedrunethereum
stkonline
llywelynspub
easytrangers
taand
pccare
flaisky
agirpourvous
ahmedateeqzia
dklassgh
yenlqi
atesspecialist
farmmanagement
ordercablestv
myccnb
pr
optically
mywau
hartwithinternational
orao
mixcar
partybuffetbestellen
flowtoys
gioco-mahjong
maskoon
sx24
msxblue
eberhard
anglincpa
dorealtex
beautifulcreations
salaam
td-elena
spicestore
domyos
vakgaragetichelaar
nffmatrix
ikarosav
digitalreflectioncenter
pariwartankhabar
cygnusmusic
amountainofcrushedice
astronauts
receptynakazdyden
placeshilton
allcompanies
checkmyprogress
main2b
afondlaforme
adventurebook
girodmedical
i-isv
omegamantels
wifecuck
phumihd
rondoniatual
24-7-rental
mohammedamin
scambaitingforum
business
novadry
egrantsmanagement
dhaquetta
dreamscape
facebeok
bhangdigital
tadalafilcialiso0
getgovtjobs
koodza
netforest
trinhdinhlinh
mojoburg
e-z
ch-k
clarins
wenxinwendyju
javaportal
tkbaikalaqua
bahnoperator
lojaoutside
shoppinguniao
phs-fdb
beautychance
hotrowordpress
directleaseprivate
turkadigital
societateacalderon
itguangzhou
hcb
minenex
qeera
sockpanda
carrefour-courses
softros
yyuaqe
subea
schubu
100yearsofmagic
coingambling
karagroup
istruzionechietipescara
slownie
disneypreschooltime
pdfmao
blomma
stanfordbacninh
gib
huayyangschool
appysport
dushew
gotamins
toppertip
loweess
antwort
pizzeriaroma
rc25
yves-saint-laurentshoes
playfortuna-sb
ds14ishim
ru-buket
disneybrochures
royalnordicdesign
mobypay
la-vernia
horrorreview
modianodesign
jomkls
stashlr
silicone
brickstreet
love-of-kill
eiole
thxrmyy
dectdirect
cristianismoativo
python
freetnbooks
yourexpo
membra
santacatalina
echarris
ifarmer
jeremydenk
balkanland
saasradar
hyva
bhojpurisamrat
rankersite13
vofman
webdesignsky
200wledfloodlights
galeriacollaguilar
parks
titlequoteapp
dustinlee
on1store
hepsia
pongori
cwaltrick
pointcarre
syplam
serverorbits
text-filter
rsbadbentheim
kgclinic
welcometothedarkside
opencev
doxtvgo8
yourstorypodcast
kinopools
easybuytoday
decathon
officelinespb
diymontreal
edreams
dergilik
roland
atorka
redactorstudio
carmakemodeldb
corelli
djk
kiekko
staffweb
streffit
titanyte
setononline
edealstoday
hello82
ohutdeutsch
isekai
arman-ati
datascience
mersitest
savinggracenc
uaic
uhrofg
lugik
ofertasbmc
nightanddayfurniture
skilledgirl
equimouv
codesubmit
ggviagll
eava
skupdates
presentment
klaric
awomanswants
duer
yf8341
birminghamheritageweek
selfadjustingkneepads
livehood
kpls
proyectovidaplena
comarticlesurfing
restorator-group
brecklinghaus
boksitogorsk
vf
associazionekennedy
thearabgoals
iquechua
skystoreenterprise
tel
sowindmanufacture
covea-direct
lasagnahousemexico
verticalspice
nagasaki-u-tokyo
tourpedia
gaylor
slaybodychallenge
atorka
dmr
koishi
avast
lesjeuxgratuits
free-eshop
sikimira
prontocargo
kaelte-fritz
garena
newsplazas
sigma-ai
xn--80apfflbw
medyakesan
nyamba
carrefourdrive-camion-campus-cergy
eds-ks
retailassetsolutions
edwin-claudeinc
dcathlon
smmgoal
evlis-needle
it-magmat
avjwh
24bz
aborange
carrefouraimelebio
k2l
pongori
ktmtalk
indwn
1712creative
swzscaler
ca-api
mizwp
kolomnaonline
comnagoya-platen
rharecruiters
cocoondev
hlf
fcss
granch
riverclubathens
t-hotmail
medtechmarket
amaravatinews
decat
cattleackbbq
woniuzfb
company-supporter
lavoratorio
xn--80aaagmqgctkdxgn1bd5eya6koa
overthe
linuxense
prediksinet
freepick
digiserv
ycserv
rozenhoftrouwringen
preparedgunowners
oldplank
zun315
xwchemical
delfinamazoncruises
lugik
zn683
jianzhuj
don-williams
buffseo
discountlens
dailytechnews
saintlaurent-career
84
caseitonline
carrefourcity
morozvest
aldimna
hockey-community
wm-a
androidcloud
folktandvardenstockholm
gu1vn
quizier
locals4romance
compteczam
retronintendokopen
ruqayya-uni
okbe8
hljjcy
elitegotv
ensomati
blogex
serverpartdeals
tcs7
thinkpool
vivaia
flyaway-rugby
traveltechnation
usbco
omfa
gamsai
fft-duesseldorf
tempapp
nstarsolutions
diedreiausrufezeichen
mkortadoguyapi
zvcvpn
c-study
biud
njemacourt
dom-cs4
craigalexanderacademy
pippodelbono
nissui
tvkosice
camspay
lambertgroupproductions
freegamest
xn--sportstlvision-hkbb
yourcomputernotes
webdesign-in
meisho
stuffstorespb
tet
hacktoday
choupenitch
expertpk
airbnb
opcmaster
outshock
mindfulmediapr
nonstoprp
baltclinic
atinet
pcenclosures
nyrby
chile-host
lenosousa
txtv64
xn--covaais-dya
soicauviet
techgeeze
smk-elektrotechnik
citizenclebs
adg-lab
lift
viivd
curiositykilledthecat
modeaudio
9mockup
somany
sitzungsdienst
foreground
getaconnect
libgenfrialc7tguyjywa36vtrdcplwpxaw43h6o63dmmwhvavo5rqqd
polokron
lojafutcenter
bozhosting
olvia-it
gojol
bounty-full
pentaserverns
sinjaundclaas
spire-snec
rinapo
armanax
intergas
lomvpn
villaved
rentals-mail
roshiajin
medanhosting
isti
huge
ip-point
yeii
mic
webaudiomodules
lugik
artzacepka
think201
marvault
ebusinessinstitute
birosagiad
ctraderapi
generationp
fatpussytumblr
happy-cleanup
kubicadfr
dommeaddiction
crisertc
asp
linilock
homeguideinfo
chinookarch
minjusticia
kuikma
tcndigital
heavendesigns
grupoinga
pbslondrina
dangerousmedicine
speedcarddescontos
gsxtr
supportiv
wow-com
shaye
pongori
lanoubaorlando
opsmanage
doleplc
equarea
nawar
moversboost
toryburch
masterdl
orgchem101
haijiaoshi
wild
ysl-rivegauche
radiolinja
disneythinkvideogames
zlxpu
harkinsbuilders
radev
carrefour-agir-pour-vous
sporskiftet
ifit-eg
stayopn
sz-braunlage
alarmfundingassociates
saint-laurentparis
ultimatum
dotcanuck
boruto-online-manga
holzmotors
robotstreamer
costaricamedios
carrefour-energie
givezgift
keekea
zhouxiaoben
shanxify
intim-portal
energym
bemyze
everpay
forfound
devildrakos
shopeetek
inceptive
vistabank
russiandoska
unanube
zazen-nudu
codingornot
stmarysmatricarambakkam
sebodomessias
lumeamare
2019up
waldschule-buchholz
shinelogisticsllc
audionova
mbslogistics
houstonezrealestate
b-cp
foliumbysumadhura
rassyne
bcbakefbkaufuaebvd
carrefour-interactif
hdsweet4clips
mreboox
coveacooperation
chnsiw7i
ejerciciodeingles
imagemakeover
giavang
howtogetover
ghpgroupinc
hehem
canna-home
sherridress
ninjadropbear
genius-germany
mma-tutelles
abbeypub
maxtrack
fooledby
ozerconstruction
dranbara
fortnitemasterclass
windhorsetour
9mail
eifel
whatsmyipaddress
hotel-areaone
1-76movie
largecoffee
gmfvie
loopwork
foxylab
transport
carfax
perfly
chandos
adic
quente
dp1037
back-trak
bcwebservices
ulysse-nardin
mi-te
lesbianexpress
fogpont
omnexglobal
havadurumu15gunluk
e-vulcano
jharbhoomi
npunto
transparent3
siatexbd
joy-uqj
livingfelt
carrier24
taicafe
hatuwaherald
123moviesfreeonline
weblaunch
overheaddoorspringfield
wordslovers
wikto
hanielacademy
tibetanbuy
trigger-berlin
aviko
villakalkan
uaphoto
firstaed
solognac
travelstart
tih
barcodes-aws
perlite
spacegenius
peterandkim
blood
banglabuysell
quechua
friendlyhosting
dnbportal
passports
cr2
ldtstore
mon-compte-carrefour
jrpg
glemanlas
mein-rc-shop
oranjecasono
tvprocessing
xn--n8j6jal5htbxe5dd3tjd4ep821inisd
aroma-jasmin
skin101
vnloto
fashionfrey
giddiscomputertraining
amazonquicksight
permitplace
micarrefour
massfollower
freecreditevaluation
maaf
xn—-7sbaciauml4cnazmp
phitsanulok1
moolihai
grippe-info-gmf
gen12
mdsender
med-right
gazeti237
shampoo-plus
tabgold
atollnsk
nend
viciente
caizhoukeji
dyrk
0tracas
leshotelsduroy
reporterstore
e-xantra
zidane-1×2
dealzbook
tubeassfucking
vidhanigroup
jpjc
mooseled
lifeto
