After many years of observing the MLM Marketplace, I have noticed that
there are many mistakes that MLM distributors make. These mistakes are not
because the Mlm’er is stupid…….it is simply because in most cases they only follow what their upline or MLM Company tell them to do. They are only
following the directions of those above them.
Probably the overwhelming number one reason why most people fail in a
Network Marketing Business is that they are told to approach their “warm”
market; otherwise known as friends and family. You are told to make out a list of people you know and contact them about “the Business”. This is a surefire
way to fail. Most people you know are not interested in starting a business
and they certainly are not interested in “bugging” their friends and relatives.
Instead of doing this and infuriating your friends and relatives, you should
talk ONLY to people who have an interest in starting their own business.
Check with your Upline and try to find about Lead Companies and the services
they offer. Use a funded proposal so you can make money upfront while promoting your MLM.
The second mistake most MLM’ers make is to believe all the Hype that abounds
in the MLM Industry. “Retire in 6 Months”, and “Join Now and get all my
Spillover”, are commonplace. There are NO shorcuts to Success in the MLM
Industry and it certainly does not happen overnite. When you see people
touting their success as being Overnite, it is in most cases because they
have spent the last couple of years building a list or transferring a
prebuilt downline from one company to another. If you are just starting out
you must first build a foundation of core distributors and this takes TIME.
Be patient, stick to a plan, and you will be successful. Don’t deviate or
join company after company………even the most seasoned professional
will find it difficult to work with more than one MLM company.
The Third Mistake is the choice of company or products. There are many
different estimates, but there are probably 15 million MLM distributors in
the USA and it may grow by 5 million more distributors 5 years from now.
You might think that this is a huge market, but one very major dynamic has
changed. Up until about 1990, there were maybe only about 100 viable MLM
Companies. When we look at the present situation, there are literally
1000′s of new MLM Company startups yearly.
What does this mean? Everybody is competing for a smaller and smaller share
of the available distributor base. So, if your MLM company is marketing
the latest “Juice Secret Product from deep in the Chinese Mountains”, be
certain that 100′s of others will at least offer the same product, and for some
of them it will be their flagship product too.
Thererefore I suggest you you select an MLM Company that Markets the tools
the Industry needs, such as Leads. Now you have that whole 15 million
people to market to…..not just a small segment.
You CAN be successful in MLM. Just don’t make the Mistakes listed above,
and you will have a greater chance at having a successful MLM Business