Why Do most People Fail MLM
Written by Cynthia and James Johnson on Dec 23, 2008 2:39 pm
Read More: Mindset | Personal Development | Positive ThinkingThe biggest reason a person fails in MLM
is they were never taught how to market
instead they were taught to go out and
make a list of friends and family and
when you got all of them to the point
they wouldn't talk to you. You were
told to go out and buy a names list of
more people that didn't want to talk to
you. Well after money down the drain and
wasted time we all get the feeling this
MLM business that we thought was so great
has turned into another place for my money
to be spent.
Well there is a better way it is called social
networking. In social networking you help people
to understand why friends and family and buying
names list is not a good way to market your
business or products. You need to help people
see what it takes to become successful in there
business. Show them how to generate leads and how
to talk to those leads and turn them into prospects.
Just because you have a new lead does not mean they
are a prospect for your business it just means they
are wanting the information your giving away. I
work with many people who are happy in the business
the are in. I am still going to help them in any way
I can if they ask me what company I am with I will ask
them if they are looking for another company are they
just curious about what I am doing. Unless someone
is looking for a new company it shouldn't matter what
company I am with. I am not trying to pursued them to
join me in my company. Would I like it if everyone I
talked to joined my company? I think anyone in business
would say yes to that question. I believe that a friend
that you make by helping them achieve there goals in
life is better than having someone in your business
that you wouldn't go on a 30 day Cruise with.
So the best advice that I can give the new person to MLM
is to make friends. See if you can learn something form
every body you talk to. Every body on this site has a
company they are working for you are no different. It
what we learn form others that cuts the years of failure
and frustration form our lives.
Views: 691 | 
Comments: 14 
About the Author: Cynthia and James Johnson
Member Since: 11/12/2008
Industry: No Industry Selected
Primary Web Site: http://cynthiaandjames.mentoringforfree.com
Well Said James Johnson
We need to help as many people as we can and give this industry the Good name it Deserves.
Your friend for life Juanita Waterman
...from a very-newbie
You must have heard me muttering over here... about the purchased leads that have NO interest in talking to me during this lifetime.
Thanks for calming me down a little - I think your ideas will be a lot likelier to work for me than what amounts to expensive cold calling.
Thanks James
I believe you have captured the essence of what we are here to do.
Abundant guidance
Carl
Expanding the Family...
Thats what I like most about social networking, the ability to make many new friends in a very short time~
So what do I do with MY MOM!!
Hey Guys, great peice, My MOM is retired from MLM, and she was always recruiting ME!!! LOL
But you are so right, Freinds and Family have such a precocieved notion of who YOU are, they never look at the opportunity, Plus the "I told you so's" Well, that's a social desease, unto itself!! LOL
Tom Savas, Dir, gain Consulting group, LLC.
James I found you buddy, as
James I found you buddy, as usuall your on point with your great articles and educating people like you normally you do.....you are a true leader JAMES.Keep up the great educating and writing, from one forum to the next.
Your Friend
Doniel
Books...
Ya know, most everytime I read an article or sometimes even just a short reply, I get the feeling that I could have saved a ton of money on books. There are so many good, sound thoughts and advice here... Just kidding on the books. I needed them, badly then.
Thanks James
Pat
Funny reply
That is the funniest reply I have ever read.
Right On!
Just wanted to say I agree and you are right on, tried all the sponsor your friends and family make a list, buy leads except the list was about people who weren't interested or ready for a true business. Thanks again for telling it like it is.Betty
Top 5 Reasons for MLM Faliure
Cynthia and James,
Through my years of experience in the industry and my own personal observations, people fail in MLM because they're ...
Social networking strategies are great for finding people to talk to about your business opportunity, products and/or services. However, simply befriending people online will not do much to grow your business.
The bottom line ...
If you're not talking to people, your business will have a tough time thriving.
You Deserve Success,
~Melanie
http://melaniekissell.blogspot.com
Warm Market
The internet has a conversion rate of approximately 1% so we, as professional network marketers, need to educate people who are looking to build a business online that they need to find 1000 warm market friends (on social networking sites if that's where you prefer to make friends) to grow your business by 10 people.
That type of education will allow people who are only using the internet to work on a plan of action to find those 1000. Realistically they may connect with and become friends with 10 or 15 people a month so 1000 divided by 15 = 66 months or 5 1/2 years to have brought 10 people into their business. And if they haven't been trained on the skills of retention those 10 may not stay.
That lack of education is why so many people fail in network marketing. They have no idea what they are up against if they are focusing strictly online to grow their business.
Professional network marketers know they need to use a combination of "warm" market, "online" methods and then a solid "retention" program is a must.
To your success,
Joyce Penner
http://joycepenner.wordpress.com
Right and Wrong
Cliches and stereotypes are popular and survive because they are true. Do any of you know somebody who fits this?
"Those of you who think you know it all are very annoying to those of us who do!"
How about: "I know you think you understand what I just said, but what you fail to realize is that what you just heard is not what I meant."
I have "tried" 3 MLMs and signed up for a couple more that I did nothing but become a discount customer. Human Nature never changes, and the numbers don't change either.
Jesus Himself "came unto His own, and His own received Him not."
So, there is nothing new under the sun about Warm Market Recruiting. And there is much to be said about becoming a "Value Added" person.
Most people, when they have been given a gift have a natural desire to reciprocate, even if it means baking you a dozen chocolate chip cookies.
Helping people save time finding what they are looking for, teaching a better, faster method of achieving goals, introducing people to others who can jump start a business, I have seen all of this on this site in a very short time.
And, it is worth its weight in gold, and it all translates to "Frienships."
So-Rock On-Networkers, MLMers and Direct Sales Marketers, and know that you have found the Clearinghouse for Knowledge and Wisdom on the Internet.
Happy New Year!
ah ha
yep. avoid the point of NFL - No Friends Left.
I made that mistake 13 years ago. where was BN when we needed it!? ha.
Grant Honeman
You can NEVER have enough books!
"Rich people have large libraries, poor people have large televisions." - Dan Kennedy
I say get your hands on as much education as possible. I don't care WHO it is, you will turn into a better person and become more valuable to others. Me? I've easily spend $40,000 on my education in marketing through the years. Did it pay off? Big time. I never even went to a university. All I have from "formal" education is a simple AA from a community college, yet I make more than most doctors. Education in this industry is money well spent.