MLM is a great business to start with especially if you don’t have enough money to start your own business. You can start with as low as $30 (P1,500) in this business then make substantial amount of money.
However a lot of people join MLM without really knowing what they are getting into. This is probably one of the reasons why people tend quit in business after 1 -3 months.
You will make money in this industry if you know how MLM works.
In this blog post I’m going to share with you five (5) poor expectations that people have in mind when they join the business.
Poor Expectation #1 – MLM Is “Easy Money”
MLM companies and networkers are very good in promoting the business, as simple as 1-2-3 steps that anyone can do and become a millionaire in an instant.
This sales pitch is like you are saying to your prospect that they just need to sign-up then instantly they’ll become rich.
I believe this is one of the wrong mindset in the business. And this is also one of the reason why people quit after 3 – 6 months of not making any money.
Joining a network marketing doesn’t mean that you’ll be rich tomorrow or in just 3 months. You need to work on your business.
You need to do some pumping until your income kicks back.
Poor Expectation #2 – Expecting “Spill Over” From Uplines
A message to all uplines!
Don’t promise spill overs on your prospects just to make them sign-up. I heard a lot stories from burned-out marketers that their uplines didn’t give them spills that’s why they didn’t make money.
And for marketers who are expecting spill overs.
Consider spill overs has a bonus to your organization, that should be the right mindset. You must mind your own business and work on our own.
You are a leader of your organization so don’t rely everything to your upline, you will only get disappointed.
No expectations from uplines, do you job.
Poor Expectation #3 – The product is so great it will sell itself
Classic sales pitch!
If the product will truly sell itself then it does not need you, right?
In relationship marketing, most of the time people are joining not because of the product because of the trust you develop on your clients and prospects.
Do you think people will buy the product or service you offer if they don’t trust you?
In this industry, it will not matter if you are selling a breakthrough product with 100,000 clinical studies if you do not understand what network marketing is really all about
Poor Expectation #4 – Doing a Friend a Favour
No strings attached to someone!
You are joining because you are just doing a favour for an old friend?
And the end of the day, It’s not about your friend, its about your career and dreams.
Poor Expectation #5 – Thinking This Will Be a Free Business to Run
I’m not talking about the membership fee of your mlm opportunity here, because that is a given. But many people falsely believe that they can market entirely for free whether online or offline.
While it’s true that there are some effective low cost marketing techniques you can use, you should never fool yourself into believing that it will be a no cost.
To Summarize
Network marketing can offer an exciting new way to earn money. But your expectation shouldn’t be based on one of the misconceptions mentioned above.
Treat your business like a business, and you will be okey
*Here are my recommendations for products and services that I've personally reviewed and which I believe can help you on your personal growth journey. This is a very short list since it only includes my top picks.
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