It is well known that 95% of those who join a Network Marketing/MLM company struggle, fail, or spend a lot of money on trying to build a business with in the MLM and never make it and quit. A month or two later, or a year later, they try another company and again end up with the same results. Why do they keep trying and trying? Because they have this Dream, the Dream of Not Only Making it in MLM but Succeeding in MLM.
Here are the Top 10 Reasons
Poor lead generation
Lack of training
Lack of upline support
Products really weren't unique enough, too much competition
Company changes the Compensation Plan every year
No plan of action
Company went bankrupt
Low retention, constant fall out
Promises were never kept by the upline
I just couldn't sell the products/opportunity.
Poor timing! I joined too late, everybody knew about it already.
Our Question To You Is Do You Crave Success in MLM? Has it Always Eluded You? Do you still believe in MLM? If you do the fastest way to achieve success in this industry is to work with someone who's done it.
If you do still want the success you deserve you need to do you due diligence on the company you are going to join and the team you are joining. Make sure they meet and exceed this same reasons why people fail. If possible avoid joining any company that is less than a year old, yes the reward might be greater the the risk is that company may not be around for the second year in business.
As a bonus to this article are the MLM Top 10 Reasons Why People Aren't Looking to Join Another MLM. We've surveyed 1000's of MLM'ers and asked for their top reasons "Why They Would Not Look At or Join Another MLM"
Here are the TOP 10 REASONS WHY PEOPLE WON'T JOIN A MLM COMPANY:
My job is secure.
The economy will rebound and that will save me.
I can make a fortune in real estate.
I like my 2 hour commute every day.
I love my job and my boss treats me like a king.
My upline keeps telling to hang in there, things will change soon.
My current MLM company is growing fast.
My current MLM company has flagship products selling like hotcakes.
My current MLM company never changes the compensation plan.
Because of our specialized marketing pillars and upline support I have more people contacting me than I can call back.
These are serious issues because these things happen every day. If these are you and you are completely happy with your job or your current opportunity, don't go any further because there is nothing we do to help.
Experts agree it starts by have a simple and duplicatale system. Stay tuned to my future articles to find out more.