Looking For Network Marketing Success? Let This Scare You!
If you're just starting out, or actively looking for a home business to start with, there are some alarming facts for you to consider. Here's a wake-up call before you take any action.
Statistics show that less than 1 out of 1000 people in this industry will ever make a six-figure income. Over 90% of all businesses will fail within their first 5 years according to Entrepreneur Magazine. Nearly 79 million Americans plan to start their own home business in the next 3 to 5 years, but only 10% of them currently make more than $10 a week.
Does this scare you?
How are you so sure that your business will be a success? I'm sure you believe in your abilities and commitment, and there's no doubt you have the fire to make it. However, that's not going to complete your path to success.
It's not as easy as all the advertising hype is making it seem. Here are the steps to take for you to ensure! that you find massive success and long-term wealth with your network marketing business.
* Understand leverage.
Most people don't realize that unless you are able to leverage the experience of the leaders on your team, you will go broke LONG before you ever make a substantial income. In the end the only people making the money in most companies are the owners themselves and a few people at the top.
Avoid this by surrounding yourself by leaders constantly, and focus more on training your downline than simply growing it.
* Join the right team.
Unless you are joining a group or team that is really going to show you the common denominators of their success, you can find yourself at a dead-end. Look at the people's track record that you consider joining.
* Use the right marketing system.
This is a very important part of NOT becoming yet another statistic. It took me a while to understand this. People want two things conscious! ly and subconsciously before joining your business. They want ! to belie ve they can use a system that will work for them, and they want to trust you that you will be there to help them.
Learn and develop a marketing system that will generate endless leads and will allow you and your downline to sponsor people effortlessly. Build your leadership by constantly educating yourself.
* Build "You, inc".
The last piece of the puzzle is to market YOU. As I mentioned earlier, people want to trust that you'll help them get to the land of financial freedom and wealth. They really don't care about your company, compensation plan, or products.
They're looking for a solution, and someone to turn to when they need help. This is the essence of "attraction marketing", and if you build it correctly, you'll have people hunting you to join your business. You'll never have to pick up the phone and cold call.
By: Shiraz Khan
Article Directory: http://www.articledashboard.com
Shiraz Khan is a 27-year-old marketing expert.To learn more about his 7-Figure Home Business training, visit www.MeetShiraz.com for a free 10-day E-course.
Article Directory: http://www.articledashboard.com
Shiraz Khan is a 27-year-old marketing expert.To learn more about his 7-Figure Home Business training, visit www.MeetShiraz.com for a free 10-day E-course.
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