Why Network Marketing has such a high failure rate
Why do so many people who start network businesses fail in the first few months? A lot of people who start in network marketing get discouraged and quit after a couple of months and most people do not last a year. They get all fired up and excited about the opportunity and think that everyone they know or talk to will feel the same way, once they have an opportunity to tell them about it.
Then reality sets in when they start telling people about this wonderful business that they have found. Some might be slightly interested in starting a business of their own, but a great majority of people today have no desire to start and run their own business. Some of the ones that are interested in starting a business have heard all the negative things about network marketing. The first thing a lot of them say is “yes I know all about network marketing sometimes called Multi Level Marketing or MLM. It is just a pyramid scheme and no one but the top people ever make any money”.
After being turned down by most of the people that they talk to about the business, they get discouraged and decide to give up on trying to build a business. Then they become the next person to spread the word that network marketing is just a scam.
This is why I am setting up this blog and my web site to educate people about network marketing and how it really works. I am in the process, with the help of some people on my team, of writing an eBook that will explain network marketing in detail. This book will also explain why network marketing is not only a legal business model, but probably the best model for someone to get started for a small investment and build a business that suits their needs and comfort level. The business could gross anywhere from $50.00 a month to $50,000.00 a month. It is all up to the individual and how much effort and time that they wish to invest, and what it takes to make them a success in their own mind.
As much as I hate to say it, network marketing is not for everyone. Just like any business or occupation is not suited for everyone in the world. If that were the case we would be in bad shape, because everyone would want to be doing the sane thing and all other fields would be vacant. This is the big reason there is such a high failure rate. People who really do not want to do what is necessary to build a business get involved in a business and soon decide that they really are not interested and quit without ever making any money.
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