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Actual for You - Three Network Marketing Mistakes That Destroy Down-line Growth
A debt consolidation loan is taken out when the borrower finds it difficult to meet his debt obligations. This happens when the borrower has taken out too many loans or he has taken out loans at very high rates of interest. Credit cards charge very high rates of interest. Unpaid credit card bills lead to severe debt problem. This situation may even lead to default or bankruptcy. Both default and bankruptcy hampers the borrower’s ch
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...
But as companies confront a tight credit market coupled with lower than expected results, many CFOs are viewing asset based lending as a viable option in the financing tool kit. Even successful companies with strong banking relationships can quickly fall out of favor with lenders and lose access to unsecured financing, especially if they’ve shown recent losses. A few bad quarterly results doesn’t necessarily mean that a company is in b
That Network Marketing (NWM) Distributors are absolutely being misled when it comes to building their business. I am speaking of 90% or more of all NWM Distributors.
The first time I realized the magnitude of this problem was while flying around the country for a well-known NWM company to present marketing seminars. My audiences were dyed in the wool believers of their products and NWM business opportunity.
There was just one thing wrong: Few of them (and there were thousands) ever made more than a few dollars from their business.
These Distributors had worked hard to make their business grow, and were frustrated over why it hadn't. Their sponsors and com- panies told them that to build their business, they should share company products with prospects, and that is what they did. Only thing is...It wasn't working!
This is why they came to hear me speak. They were looking for answers.
I shared three misconceptions that plague our industry with my audiences; and told them why many top producers aware of the problem, are simply unwilling to speak out about them.
Those three misconceptions are...
1. Sharing Products:
The first misconception operates on the premise of sharing products with prospects to create new Distributors. The fallacy of this method is that while it is a great way to introduce con- sumers to products, it does little to create business-to-business relationships.
People need more motivation than great products to convince them to begin a business. Besides, products are everywhere. Any idea who stands to gain the most from this misconception? That's right, the companies who make the products!
2. Sponsoring Leaders:
The second misconception operates on the premise of spon- soring leaders and self-starters to build the business under us. This kind of marketing works once in awhile, but overlooks 90% of the population who, themselves, rely on leadership for guidance. Just look at your own down-line.
3. Compensation Plans:
The third misconception operates on the premise that the Com- pensation Plan will attract people to begin a business. But "Comp. Plans" are a dime a dozen, there are literally hundreds.
Why should people be attracted to your Comp. Plan over another? Besides, Comp Plans can do nothing to start a business, that's our job.
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...9
Know your game before making a bet if you intend to win. This basic mantra is applicable to all situations whether it’s the recipe of a new dish you intend to experiment with or it’s about your business. It is only the definite knowledge about all the intricacies that can help you achieve the highest.Knowing the precise strengths and weaknesses of your business is extremely crucial, especially in the present era, marked by cutthroat
These Distributors had worked hard to make their business grow, and were frustrated over why it hadn't. Their sponsors and com- panies told them that to build their business, they should share company products with prospects, and that is what they did. Only thing is...It wasn't working!
This is why they came to hear me speak. They were looking for answers.
I shared three misconceptions that plague our industry with my audiences; and told them why many top producers aware of the problem, are simply unwilling to speak out about them.
Those three misconceptions are...
1. Sharing Products:
The first misconception operates on the premise of sharing products with prospects to create new Distributors. The fallacy of this method is that while it is a great way to introduce con- sumers to products, it does little to create business-to-business relationships.
People need more motivation than great products to convince them to begin a business. Besides, products are everywhere. Any idea who stands to gain the most from this misconception? That's right, the companies who make the products!
2. Sponsoring Leaders:
The second misconception operates on the premise of spon- soring leaders and self-starters to build the business under us. This kind of marketing works once in awhile, but overlooks 90% of the population who, themselves, rely on leadership for guidance. Just look at your own down-line.
3. Compensation Plans:
The third misconception operates on the premise that the Com- pensation Plan will attract people to begin a business. But "Comp. Plans" are a dime a dozen, there are literally hundreds.
Why should people be attracted to your Comp. Plan over another? Besides, Comp Plans can do nothing to start a business, that's our job.
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...
Forex traders are raking in big profits with low risk high yield, investment strategies that exist only in the foreign currency market.Especially those who have a trained eye that can see excessive profit points that explode when done correctly. The forex market has created many millionaires who understand the exceptional leverage that is provided by trading currency. To be exact a 100:1 leverage ratio, this means you can leverage your
1. Sharing Products:
The first misconception operates on the premise of sharing products with prospects to create new Distributors. The fallacy of this method is that while it is a great way to introduce con- sumers to products, it does little to create business-to-business relationships.
People need more motivation than great products to convince them to begin a business. Besides, products are everywhere. Any idea who stands to gain the most from this misconception? That's right, the companies who make the products!
2. Sponsoring Leaders:
The second misconception operates on the premise of spon- soring leaders and self-starters to build the business under us. This kind of marketing works once in awhile, but overlooks 90% of the population who, themselves, rely on leadership for guidance. Just look at your own down-line.
3. Compensation Plans:
The third misconception operates on the premise that the Com- pensation Plan will attract people to begin a business. But "Comp. Plans" are a dime a dozen, there are literally hundreds.
Why should people be attracted to your Comp. Plan over another? Besides, Comp Plans can do nothing to start a business, that's our job.
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...
Bus Services work on economies of scale; lots of seats on one vehicle and many people going the same way are what make it all work. But without massive amounts of riders how can you expect to have a successful bus company? The fact is you can’t and that is why bus services need a robust marketing and advertising program.Advertising on the buses themselves is not enough to fill up those buses. Bus services need to discover low-
The second misconception operates on the premise of spon- soring leaders and self-starters to build the business under us. This kind of marketing works once in awhile, but overlooks 90% of the population who, themselves, rely on leadership for guidance. Just look at your own down-line.
3. Compensation Plans:
The third misconception operates on the premise that the Com- pensation Plan will attract people to begin a business. But "Comp. Plans" are a dime a dozen, there are literally hundreds.
Why should people be attracted to your Comp. Plan over another? Besides, Comp Plans can do nothing to start a business, that's our job.
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...
Being in debt can be a very stressful burden on your life. You are constantly getting bills that you cannot pay, and everywhere you turn there is someone talking about their credit score. There seems to be no escape. In reality, there is an escape.Get your debt under control by only spending money on purchases that you absolutely need. Many people buy things they cannot afford on impulse. This is one of the leading causes of de
Truth is, if any of these misconceptions actually worked, the NWM industry would be permeated with millionaires and success stories...It is not!
Frustration:
If there is any one thing that does permeate the minds of NWM Distributors, it is frustration over lack of down-line growth and sales.
It's not the industry. The NWM principle is solid and easy to use. But without the knowledge of knowing what to do, knowing how to do it, and having the right tools to do it with...90% of all NWM Distributors are sadly destined to quit their business in frustration.
Sure, Distributors may continue to buy products now and then, but inwardly, many have given up all hope of ever reaching their dream.
So you can imagine the look of surprise and delight on the faces of Distributors in my audience when I told them these things, and shared seven, proven "Rules of The Road" necessary when building a downline organization.
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