Why Do Most Network Marketers Fail?

I think everybody not already making six-figuresthose "great" leads.
in mlm is becoming extremely frustrated withReason #3: Network marketers rely on 'recruiting
todays failure rate in the industry.money' to fund their efforts.
For network marketers, the common problemsMainly they use what little money they have
for most distributors are-made to cover the costs in problems 1 and 2.
Not having enough interested prospects (leads).Basically, recoupling the costs for purchased leads,
Not having enough money to fund their marketing.training materials, products, time, effort, and any
Only making money when they sponsor someone.additional money spent... plus, not to mention the
If any networker had dozens of interestedhorrific attrition curve.
prospects to talk to daily, wouldn't everybodyThe solution?
succeed?Well while most people get wrapped up in the
Well for now, we'll talk about the 3 reasons mostwhole "Our product(s) are the best" ...or "are
aren't succeeding...company is growing faster than yahoo" ,or "we
Reason #1: Bit pieces of residual income cant payhave the best compensation plan in the industry"...
the bills!It doesnt matter! You See, what I hope people
People come into this business expecting to makerealize is that you can have the best product,
money from day one. They simple assume thatcompany, and compensation plan in the world, but
they can just order some products and makeit's all completely worthless unless you have a
money, while the products practically "selltrue marketing system in place that will bring
themselves". And even when they do happen topeople to you!. Impossible? Hardly... And the funny
sign up a few friends or colleagues, they strugglething is, is its much easier than doing mlm the
to find "more prospects" and the only alternativecommon way.
is to buy high priced leads which cost more thanHere are the facts:
the peddley $50-$100 checks they've started toYou want people pay you to become leads, You
generate.want people to pay you to prospect them, And
The result? Little or no money, no downline, nofinally, you need to make money whether you
prospects (except aunt Sue and nieghbor Joe)sponsor someone or not.
and hundreds of dollars down the drain spent onIt is MUCH easier to become full-time in network
products, wasted time, and so-called "trainingmarketing when:
materials".You have dozens of leads to talk to, daily, you're
Reason #2: There's not enough prospects forable to make $500-$1000 your very first month
massive duplication.even if you dont sponsor anyone, and you build
Unless a network marketer can build a businessyour empire fast to stay ahead of the attrition
with HUGE momentum and massive duplication,curve.
they will simply find themselves trying to "fill aSo How does a network marketer do all this?
leaky bucket" - meaning reps are just droppingAnd teach his downline to do the same?
out as fast as new comers join.You use a "formula" to put this pipeline in place.
The only way around this, known to networkYour pipeline should consist of ads that find your
marketers, is to head to the lead companies andprospects, a lead capture page to put them in
dish out several hundred dollars for what they callyour email list, and an autoresponder that follows
"high-quality" leads. Sometimes they are evenup with those prospects 24/7.
shared between 4-5 people!It does take a little work to set up, but in the
The result? Not enough interested people to talkend, the result is worth it ten times over.
to, while simply not making the money to pay for