Why 95% Of The People Who Start A Network Marketing Business Fail

Why 95% Of The People Who Start A Network Marketing Business Fail

Starting a network marketing business seems so easy a cave man can do it but the reality is that 95% of people who start a business will fail online or off-line. Many online businesses are easy to start with very little or no opt-in fees but most new marketers do not have the essential things to get off to a successful start. Many will fail because the new network marketer lacks a large network, lacks focus on one product and lack any duplicatable training for a downline.

1. Lack Of A Large Network

To be successful in a network marketing business, you need to either start with a large network of people or you will start from scratch. If you have a large network, then your chances for success increases. Most people new to business just don't have access to a large group of people or just don't know anyone. You are going to have to become a "people person" to really make good money in network marketing.

2. Lack of Focus On One Product

You need a good marketing strategy for online business success just like in any other business.When you have an MLM business and you are going farther into debt every month, it is extremely difficult not to start trying to have additional income streams. Many network marketers think more is better but that's not the case. There are just a handfull of people who can make full time income in more then one mlm opportunity. You have to find an opportunity that pays you good enough to break even within 2-3 months.

3. Lack Of A Trained Downline

Most new marketers reley on indivual skills to grow their business but this type of thinking is a trap. Every individual in your downline is not possessed with your talents, Therefore you need a marketing system that all of your downline can use easily from day one! If you cannot train your downline to use duplicatable marketing system that allows them to build their business quick and easy, then your downline will soon vanish. So best scenario is to be part of a team that does training for all the team members and the new associates they bring in.


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http://www.allaboutyouandsuccess.com

james b byrd
269.290.3263
http://www.networkmarketingsmarts.com