Thursday, July 25, 2013
Is It Just Me, Or Does Everybody Fail With Network Marketing?
I recently read an article by one of my fellow network marketers by the name of Pete Zdanis that answers the question "Does everybody fail in network marketing?"
What would be your answer? What answer would you give if somebody interested in your business asked you this question?
Pete says, "Yes, everybody fails in network marketing. As much as 80 to 90 percent of the time."
Are you comfortable with that answer?
Here is Pete's explanation. And I must say, I believe there is much value in this concept that will help set the new person up for success in this industry.
Pete says he fails most of the time. He can talk to 100 people, and perhaps only 10 or 20 are interested in what he has to say. But if you talk to enough people, those 10 to 20 people begin to add up and can potentially help you to earn an income that most people can only dream about.
The secret is to keep talking to people and promoting your product or service. If you have a 10% success ratio, and over the course of a number of years you eventually talk to 2000 people, you will have 200 partners helping you in your downline.
And what if only 10% of your downline produce substantial volume? Well.......you would have 20 people sending significant volume up your organization.
And it is quite possible that 2 or 3 of those will produce enough volume that you would be making a mighty nice income.
But it starts with getting your product or opportunity in front of people. Promoting yourself or your opportunity or income is the only way that income is earned in this industry. That is the only income-producing activity that there is.
And that is where most people who "try" network marketing fails the most. They have to talk or introduce their offering to enough people. And most fail to do that.
There is no harm in promoting to a prospect and getting a "no" for your effort. That is to be expected. The harm comes when you are unable to get past the "no's" and stop trying.
Nobody said that it would be easy. But if you are consistent, it can be oh so rewarding!
--Roger Cox
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