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Thursday, September 9, 2010

Network Marketing Failure Rate Reaches 100 Percent




Wouldn't that be a headline that all the network marketing naysayers would care for? It implies that all network marketers fail to perform money online. While this is not at all factual, the simple truth is that all network marketers fail at many points, especially in the first year of starting their home based business.



It's what they do with these failures that makes the disagreement.



Many people, when faced with a failure in any aspect of their lives, will simply end trying to succeed, proclaiming the impossibility of it all. Network marketers are no different. But the ones who analyze their failures and try again and again and again are the people who will ultimately be very successful in network marketing.



I lead a relatively titanic team of unique and established business owners, and I have seen two scenarios play out time after time. In both instances, my fresh team member starts out very enthusiastically, ready to steal on their current challenge. They review and observe the training materials, and excitedly urge out their first marketing campaign.



And they flop. More often than not, their first attempt at marketing fails miserably. For the recent network marketer, these initial failures are to be expected. These are recent skills they are learning, and no one gets it perfect the first time.



Here is where the network marketing success stories gain separated from the ones who end, and originate promoting their conventional company as a scam.



Unfortunately, the majority of people trying to assign a network marketing business pause before realizing their dream. In fact, it's been my experience that most people conclude fair before they are about to inaugurate making money with their business. But they glean poor, disheartened, and distracted by the next best income opportunity online. They finish and go on.



However, there are those that stick with it, learn from their failures and try again and again until they succeed. They retract what works and improve upon it. They become experts by learning more and implementing what they've learned. When you gawk this group, you are looking at the entrepreneurs who will ultimately execute serious money in network marketing.



Is the failure rate among network marketers extraordinarily high? Probably not, when you believe that most people are looking for a snappily and easy scheme to bag rich. Once they acquire out that, like any business, it takes time, money and knowledge to succeed, they win out.



The ones who really "salvage it", the 3% of the population that doggedly look their procedure through the failures, are the network marketing success stories that naysayers call "exceptions." But the critics have it all sinful.



These success stories are not the exceptions. Rather, they simply exceptional in their work ethic, determination, and drive to succeed.

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