Failure in 10 Steps Part 5

In this final article on ‘Failure in 10 Steps’ I would like to look at 2 very different causes of failure. One that gets noticed because of all the hype involved and the other that rarely gets noticed until the business owner realizes that he or she is holding the short end of a very messy stick.
9. Become Part of ‘The Pre Launch Hocus Pocus’ -

This sort of business opportunity(?) is all over the internet. It always seems to ask the same question. Wouldn’t you like to have been on the ground floor when ’such and such’ started. You can fill in the ’such and such’ with household names like ‘Google’, ‘eBay’, ‘Yahoo’ etc etc.

Here the scammers are having you think that if you quickly join their opportunity you will become as wealthy as Bill Gates because you ’saw’ the future and realized that this ‘pre-launch company’ was really going to be big and you were in the ‘right place at the right time’.

Boy are you the very lucky one to discover this company and you can get in on the ground floor before they launch the full program in a few weeks or months etc. You can even get a discount if you join up now!

WAIT A MINUTE! Let’s go back to our old friend ‘Common Sense’. They want you to do what??? Join a company and pay good money to a start up company with no track record of success and filled with not customers but just promise. I might have been born at night, but it wasn’t last night! Good Grief! I am looking for a ‘Quality Company’ not a fly by night outfit. I am going with what Michael Dlouhy said when he evaluates a company. He strongly believes you should find out about the following:
1. Does the company management have personal experience building their own networking organization? Have they done it with Integrity?
2. Has the company passed the “early failure” Time Line? Are the company’s Products timed with the beginning of a massive trend of consumer demand?
3. Does the company have a Remarkable product at a reasonable price?
4. Does the Compensation Plan Pay Part-Timers?
5. Does your Mentor offer a System for Success that will work for You?
If the company you are considering does not have every one of the above five qualities then my advice would be for you to stay away unless again you are lookng for failure and frustration. You will without a doubt find it.

10. Skip Reading and Understanding the Policies and Procedures of the Company - This is one of the least ‘fun’ things to do. Well ‘to bad’, do it anyway. The Policies and Procedures (hereafter called the PnP) was written by teams of lawyers to protect the company.

Ask yourself this question! Who is protecting you? You are, is the answer, so make sure you read and re-read all the PnP. Find out if the company can drop you without cause and steal your downline. Can people ‘join’ the company and be placed above you? How will you get paid? How much company product and training do you need to purchase? Is there charges for websites. auto responders etc.

If you are not sure about any of the PnP ask your sponsor. If they do not know the answer be very very wary. Again this comes down to common sense. Why are these questions so hard to answer? Are you sure you want to be involved with a company with PnP that are unclear and confusing. I certainly would not.

In my opinion everything in this article comes down to two things. The first is a healthy dose of common sense and the second is to find a mentor, who does not have a monetary interest in you, who will help you navigate through the troubled and confusing waters of Network Marketing. It is a wonderful industry and with the proper mentor you can become successful.

Best Personal Regards My Network Marketing Friends,

Tom Boyuka

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Failure in 10 Steps Part 5

Failure in 10 Steps Part 5

About the Author: Tom Boyuka

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