Fire Your Boss and Finally Earn What You Deserve!
Let Your Team Do All The Selling!
These are all pretty common headlines in the network marketing industry but with everything you have probably heard about direct selling, can you make money or is network marketing just some hyped up scheme to get you to part ways with your hard earned money?
This is a pretty sensitive topic online so I will tread lightly as I do not want to wake the internet trolls who are lurking, waiting to pounce on anyone who dares to talk bad about their beloved network marketing.
All jokes aside, this is a topic that always seems to always draw up some pretty heated discussions with strong supporters on both sides of the argument.
I personally am somewhere in the middle, I believe in network marketing and have seen amazing success in all three of the companies I have been involved with but at the same time I am currently not promoting any mlm company so that should tell you something.
In this post, I will dive into the good and of course the bad sides of this industry and give you all the information you need to decide whether or not direct selling is the right path for you to pursue.
My goal is not to push you one way or the other as I am not involved in network marketing at the time and have nothing to gain should you decide to get started with a company or not, just simply want to give you my perspective on this industry and maybe even share some of my own experiences.
Can You Make Money With Network Marketing?
I will be the first to admit that me and network marketing have what some might call a love-hate relationship!
There are times when I honestly believe that network marketing is the best business model on the planet and wonder why everyone is not doing it.
Then there are times when I feel you would have to be an absolute idiot to get involved with this non-sense of a business.
True love-hate, but to truth is I actually like the concept of network marketing and truly believe it is one of the only business models left where anyone from any background can create a extraordinary income with minimal financial investment.
The problem is the success stories a way to few and far between and while there are many people who have been able to make network marketing their full time income, quit their jobs and make movie star type money, sadly over 96% of the people who start a mlm business will fail.
And this is where the problem comes in, how on earth can I get excited about a business knowing that 96 out of 100 distributors that I sign up will ultimately fail and quit.
Is it really worth the time and energy required to get 100 people going in their new business knowing that within the first year 96 of them will have dropped out and gave up on this business?
Sure everyone is super excited when they first get started and that is easy but the conversation start losing energy when the results don’t come as quick as hoped for.
I often blame myself for not getting 100% of the distributors who sign up under me to reach at least the same level of success I have been able to achieve, maybe I am not a good sponsor after-all, but then I remember that the over 96% failure rate I told you about a minute ago is not my personal success percentage, it is the industry average!
So what gives? Why is this industry plaqued with such a high failure rate and why do only less than 4% of the people who start a network marketing business reach success, what separates them from the rest?
In my opinion what separates those who succeed from those who fail really only comes down to 2 factors, factors that all of us have complete control over.
- Drive/Passion to Succeed
- Following a Proven Success System
Notice I didn’t say anything about how well you communicate with others, what you look like, how much education you have or any other excuse that people use to blame their failure on.
It has nothing to do with that, sure it could affect your ability to close a sale here and there but ultimately in the long run those who have an internal drive to be successful and are following a proven success system will find a way to be successful.
There really isn’t much to talk about when it comes to your drive/passion to be successful, you either have it or you don’t.
Those who know that they are going to be successful no matter what look at obstacles to breaking through in network marketing as the next challenge they will overcome on the path to greatness.
On the other hand, those who do not have this internal desire to be successful and are going to continue to put in half-ass efforts and expect to achieve great success results will see these same challenges as roadblocks that are un-passable and give up.
It’s a lot like Les Brown says, “There are winners, there are losers and there are those who have not yet learned how to win”.
Winners will always find a way, losers will quit and give up short of the finish line while the rest are just waiting on that one break they need to become winners, which one are you?
This business rewards winners and those who are willing to follow a proven system to the letter and quickly gets rid of those who are not willing to do what it takes to win.
Following a Proven Success System
When you make the decision that you are going to be successful in network marketing no matter what, you are already ahead of most distributors in this industry.
You understand that network marketing is a real business just like any other business and needs to be treated as such.
Those who do not respect their business and continue to treat it as a hobby or a fun way to make money will continue to fall short of their goals and in the long run will probably fail.
Of course there are some who start off in network marketing as a hobby, see a little success and then get serious but for most, those who treat their network marketing opportunity as a real business from the start are far more likely to succeed than those who do not.
It all starts with a solid and well thought out business plan, marketing strategy and a thorough understanding of the products and the company you will be representing.
From there, plugging into a proven success system is all you need to do to be on your way to being a top performer in any direct sales company you should choose.
There are hundreds of network marketing systems out there for you to follow, some are good and some are not but the one thing they all have in common is a proven track record of positive results.
Network marketing is not about re-inventing the wheel and you do not have be the first to try something to be successful.
Why put your success on hold while you are testing out systems or ideas?
Wouldn’t it make much more sense to find someone who has already been where you are and has already developed a plan of attack to become successful in network marketing and is willing to teach you what you need to be doing and then just copy what they are doing?
Of course it would, there is no shame in borrowing someone else’s system if in the end it means you are going to eliminate the typical roadblocks that all new network marketers face and get to success much quicker than you would on your own.
Most of the top earners in the network marketing industry are more than willing to show you what they are doing to be successful to anyone who will take the time and listen.
Take a look at some of the network marketing superstars like Dave Wood or Ray Higdon to name and few and you will find that through their blogs and YouTube channels they give away more network marketing tips for free than you would find in most paid training products.
The information you need is readily available on the internet, you just have to be willing to find it, learn it and then take action on what they are teaching you.
This business is all about duplication so once you learn a system that works, don’t keep it bottled up like some huge secret, teach it to your down-line and make sure they really understand it so they can implement it into their business and duplicate the results you are achieving.
Can You Make Money With Network Marketing – Final Thoughts
Sorry if this post seemed like a bit of a roller coaster, I have mixed opinions when it comes to network marketing.
I know that you can create a mlm business bigger than you ever dreamed was possible in a relatively short amount of time, I know I have done it more than once.
But I also know that one of the main pillars of this business model, duplication, is a lot easier said than done.
I have tried three times to build and maintain a large network marketing team but each time I was unable to get people to duplicate the results I was able to achieve on a consistent basis.
Maybe it was me, maybe my teaching method does not resonate well with others or maybe others don’t have the same level of passion to succeed that I do and no matter what I do, it will never be enough because I can make people want to do more than they are willing to do.
Yes, you can make money with network marketing but you will not be able to do it alone.
To build the kind of income that the top earners have then you will need to depend heavily on the performance of your team so if you decide to get in the business know that your team will look to you to be a leader and help them see consistent results.
In short, the question, can you really make money with network marketing is a unquestionable, YES but you are going to have to work hard to get there.