Monday, December 22, 2008

Network Marketing Success Principle

When you first sign up for your network marketing program, you are led to believe that the path to success is very simple and you will soon be rich and financially free if you follow the teachings and guidance of your uplines. However, as you start to get more involved and work the business, you realize that a great percentage of your so-called ‘new business partners’ will not bother to do anything and slip into oblivion. Only about 20% will get around to doing something. However out of this number, many will give up after they fail to see results or because they move on to other commitments.

Why is the success rate in network marketing so low? If it is as simple as it is made out to be, why do so many fail? Does that mean that these people are not cut out for the network marketing industry?

In this world and with the current economic situation, many people have big dreams and yearn to get out of the rat race and achieve financial freedom. However their ‘WHY’ is not strong enough or they may not have a distinctly clear ‘WHY’. They also do not know the ‘HOW’ to go about achieving their dream. As such, their dream remains forever a fantasy and never comes to fruition.

In order to succeed in this industry, your ‘WHY’ must be something that truly inspires you, something that will push you to do whatever it takes to accomplish your dreams, your goals and your desires.

In order to have a blueprint for success, you must be very clear as to WHY you are in network marketing. What is your reason for joining network marketing? What do you wish to get out of it? If you do not achieve success, how will it affect you? Why is it important for you to achieve your dream?

As Donald Trump himself put it, “If you are going to think, you might as well think big.” Since you are already thinking, you might as well think big and achieve big.

If you do not have a passion for what you are doing and are unclear about your WHY, you will not be able to handle and overcome any challenges that you will encounter along the way. Having no great desire and commitment to succeed, you will be the next in line to drop out and add to the already high statistics.

Knowing your WHY alone is insufficient for you to see immediate success. You will need to put forward your action plan Here you will break it down into a more manageable time frame as in per day, per week and per year. Have a short term as well as a long term goal. With a proper road map, you can more easily achieve your goals, your dreams and your vision for your life.

Your personal action plan should include self development as well as training and, last but not least, prospecting which is the lifeblood of any network marketing business. Reading motivational books will help you get charged up and is a great asset when it comes to growing your organisation. If you are new to network marketing industry, you will need to be trained. Once you have your downlines, you will need to start training and coaching them. Most network marketers spend so much time on training that they simply forget to prospect. Failure to prospect leads to sure failure.

By abiding and following your action plan closely, your network marketing business will start to bloom. Remember not to rely too much on your uplines or downlines as this can hurt your business. Build your own business although you are not in this business by yourself.

Adhere to your action plan. If you drop behind, make an effort to catch up. Just because you started your network marketing business with a small capital is not reason for you to take things slow. Be focused and committed to success!

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