Most Common Reasons Network Marketers Fail In MLM (How to avoid these potholes)
TOP 9 REASONS NETWORK MARKETERS FAIL (And How To Avoid Failure) 1. NO PROSPECT LIST Prospecting is the heart and soul of network marketing. Without prospecting, you won’t have anyone to sponsor in your business. Most network marketers fail because they don’t prospect and they don’t create a prospect list. A prospect list is a list of 100 names that immediately pops up in your head when someone asks you, “Who among your family and friends do you think might be interested in the business you’ve just joined?” Religiously update this list every day so you contact these prospects, set an appointment, and present the business to them. If you don’t have a prospect list, create one now. 2. LACK OF COMMITMENT So you’ve invested a hundred or so dollars in joining in this network marketing business and you think that the entry fee is the only money you’ll shell out, right? Wrong. What you paid was only the initial investment. To succeed in network marketing (the same goes in any other busin...