 |
Failing In Network Marketing Is NOT Your Fault
Author: Kevin Sinclair   | Posted: 29-03-2007 | Comments: 0 | Views: 30 | Rating: (50)  (?) 
Thousands of people use network marketing to build a home business. Unfortunately, it is well known that the failure rate in this business is over 90%.
There are many reasons for this, but the key one is that many network marketing companies do not have business models that support you as a distributor. As a result, the cards are stacked against you from the start.
Here are some compelling reasons why failing in network marketing is NOT your fault.
You know the story: you have done the training, did three-ways calls with prospects, purchased leads, attended the "rah rah" company events, etc. We could go on and on. The bottom line is that you STILL failed! You wonder, "What in the world is wrong with me? Why can't I make it?"
The bottom line is you are failing because your network marketing company is not taking good care of you. It does not have a strong foundational model of integrity. None of this your fault!
Here is another point to consider. Have you ever noticed that some companies have huge multi-million home offices? You see this on many of the companies' websites.
Have you ever thought about where the money comes from? In network marketing, money comes from the compensation plan. Companies don't have multiple streams of income; they just have the compensation plan. Unfortunately, in spite of multi-million dollar home offices, the money does not come back to you in the compensation plan.
If this sounds bad, things go down hill even further. If a network marketing company has a huge home office, doesn't it make sense that some sort of maintenance would be required? You know, things like a cleaning staff, upkeep for the grounds, electric bills, water bills, etc. How about workmen's compensation, 401(k) s, vacation, sick, and family leaves? What about those bonuses and cost of living salaries? A company has to have this in place for its employees. Now, where is the money to fund all of this coming from? The compensation plan!
The sad truth is that you and other distributors will never use your network marketing company's multi-million dollar building, BUT you still have to pay for it and the upkeep. That's hardly fair at all.
Let's give this further thought. With a company model such as we are discussing here, where do you think their model will go in the future? Will they have more or fewer expenses? If you yelled to yourself, "More Expenses!" you got it.
Here's another thought. Have you ever wondered where your network marketing company's warehouse is located? I'd dare say that most people haven't even thought about this. Usually, most cities have places called warehouse districts with low costs and low rents. So, it makes good business sense to house company stock in these districts, right?
In reality, many times this does not happen. A number of companies have their warehouses right next to their home offices. Other than looking pretty impressive, it really is a total waste of money. Now, some companies have their businesses in warehouse districts, but many do not.
Are you beginning to see why you are failing in MLM, and how your network marketing company's business model is the problem here? With huge overhead costs, which are funded by the compensation plan, there is little to pass on to you and other distributors. Now, there are some great network marketing companies out there that have very strong business models that support the distributor, but you have to really search them out.
So, here are some compelling reasons why you are not having success with your network marketing home business.
Rate this Article:
Current: 0 / 5 stars - 0 vote(s).
Article Source: http://www.articlesbase.com/home-business-articles/failing-in-network-marketing-is-not-your-fault-123769.html
About the Author:Kevin Sinclair is the publisher and editor of Net MLM Profits, a blog dedicated to providing information and tips for network marketers to succeed online. Net-MLM-Profits.com
|
Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free! |
|
Related Articles
Persistence Is The Key To Network Marketing Success
By: Kevin Sinclair | 28/03/2007 | Home Business
Persistence can help you achieve great success in your business. Persistence may be the one underlying character trait in all successful entrepreneurs, business owners, self-employed, freelancers, and more. They all must have persistence.
How To Make Your Network Marketing Prospect Base Explode
By: Kevin Sinclair | 16/04/2007 | Home Business
As a network marketer, you know how important it is to drive traffic to your website. As a mater of fact, your very survival depends on it.
Search Engines - The What, How, and Why of Web Crawlers
By: Kevin Sinclair | 29/03/2007 | SEM
Surveys have shown that when potential customers want to find a website for information, or to purchase a product or service, they do this in one of three ways. The most popular option, by far, is that they find a website by using a search engine.
Six Ways To Expand Upon The Best MLM Procedures
By: Kevin Sinclair | 14/11/2007 | Home Business
When becoming a network marketing distributor, it is constantly vital to stay on top of the most effective practices of today that create businesses that continue to grow and prosper. Below you will find six of the best practices that numerous highly rated leaders in MLM follow in order to become a success in furthering business ventures.
Why Do People Fail in Mlm?
By: Kevin Sinclair | 02/12/2006 | Marketing
Often people start in network marketing with great enthusiasm and high hopes of achieving success. Yet, after varying lengths of time, they often quit the opportunity and are disillusioned. This article will explore the factors that often lead to failure. Then, some solutions will be offered to address these.
Is This The Ultimate People Business?
By: Kevin Sinclair | 08/02/2007 | Home Business
If you've ever heard of Network Marketing, you've probably heard it said that it is essentially a people's business.
Co-Registration - A Source of Leads For Network Marketers?
By: Kevin Sinclair | 29/03/2007 | Home Business
Co-registration is an excellent way for network marketers to ease the load of building their business while quickly building a profitable marketing list.
Network Improvement Strategies For Business Success
By: Kevin Sinclair | 12/10/2007 | Home Business
Individuals who own their own business know and understand the importance of having a large and effective network. However, many of these individuals often look for new network improvement strategies. To reduce the amount of time and energy that is often required to develop and expand your network, you should know some key components to this issue.
Got a Question? Ask.
Ask the community a question about this article:
Frequently Asked Questions
Reasons to Shop through Shop to Earn
By: bwritr | 14-07-2008
What is the advantage of shopping through someone else's Shop to Earn web portal? For example, if someone who shops online anyway did not want to own a website or otherwise invest in Shop to Earn, what would motivate them to shop through my site rather than just shop as they do now?
Would there be any harm to a private business ...
By: drabsv | 03-07-2008
Would there be any harm to a private business enterprise if they keep their whole (monthly) budget open to the public?
What is SmartGreenUSA?
By: clm168 | 24-06-2008
What is SmartGreenUSA?
Perpetual cash gifting systems- do they work
By: millie | 16-06-2008
can anyone tell me if Perpetual Cash leveraging/gifting really works??thanksg
Work from home
By: randae | 14-06-2008
I am 62 just retired looking for a legithome based business to supplement my income to help pay some bills.I havethought about processing rebates andtaking online surveys.Are there any others i can explore?
How many people are involved with Multi level ...
By: B | 11-06-2008
How many people are involved with Multi level marketing?
Q&A Powered by: 
Latest Home Business Articles
Yes, It Is Possible For A Home Business To Make Money
By: R.t. Markovsky | 26/07/2008
Now you can be ready to gain financial success and independence with a work-from-home business. All that is required is a strong, sound business plan and a solid work ethic.
Factors to Consider Before Starting Your Own Bokkeeping Business
By: Gary Goh | 26/07/2008
Starting your own bookkeeping business is one of the most profitable home based business. Not only that, you have the opportunity to turn your passion about bookkeeping into a full time business!
How Many Multiple Streams Of Income Do You Have
By: David Ogden | 26/07/2008
One thing appealing about making money on the Internet is the number of multiple streams of income you can create. Here are a few ideas about creating multiple streams of income.
Why Your Autoresponder Is Your Most Beloved Internet Tool
By: David Ogden | 26/07/2008
The real key to taking your Internet business to the next level is not to work harder or even longer, but rather the key is to be smarter about the work that you are doing. Let's look at how an autoresponder helps you do that.
4 Essential Article Marketing Strategies
By: David Ogden | 26/07/2008
Article marketing is no different than any other form of marketing on the Internet and that if you do it correctly you can be rewarded. Let's take a look at four essential article marketing strategies you must follow to get maximum benefit out of your articles.
How To Market Your Home Business Blogging
By: David Ogden | 26/07/2008
Do you currently have a blog of your own? If you don't, you should have because it can be a tremendous marketing tool for your home business! In this article, let's take a look at how you can use blogging to market your home business,
and make money too!
4 Ways To Make Money With Forum Marketing
By: David Ogden | 26/07/2008
Discussion forums have been an actual way for home business owners to cultivate relationships and make money. In this article let's talk about four ways to make money with form marketing.
5 Ways To Market A Home Business
By: David Ogden | 26/07/2008
Marketing a home business on the Internet generally comes down to time and money. Depending on your situation, you may have more than one than you do in the other. Let's talk about three ways you can market your business online to maximize the shortages.
More from Kevin Sinclair
Classical Guitar Playing - What Exactly Is It?
By: Kevin Sinclair | 27/07/2008 | Music
Classical guitar playing is what is participated in when using a classical guitar. This kind of guitar has no electronics and no pick-ups. In general it has six strings although there are some classical guitars which have twelve strings. The thinner strings known as the trebles are made from nylon and the bass strings are nylon with brass wire wrapped around them.
Training Strategies For The Best Learning Outcomes
By: Kevin Sinclair | 26/07/2008 | Training
New members of your downline will look to you for training and advice or assistance to help them get established in the business. They will be keen to succeed and highly motivated to learn. Here are some important tips to help you be effective in training your distributors.
Understanding The Connection Between Thoughts And Actions
By: Kevin Sinclair | 26/07/2008 | Advice
Your thoughts are driven by the way you feel about yourself and the level of your self-esteem, and it's these thoughts which turn into actions or deeds. The key factors of getting what you want out of life are the actions that you take. Therefore, if you are not reaching your goals and ambitions, take some time to carry out an assessment of how you actually feel about yourself.
How You Can Be Your Own Worst Enemy
By: Kevin Sinclair | 25/07/2008 | Advice
Today, we have a lot of things that we think of as our enemies; terrorists, pollution, global warming, the shrinking middle class, and many other issues are in the forefront as things that can cause us troubles. However, these are things that in many cases, we only have limited control over.
Seven Days For A Winning Edge
By: Kevin Sinclair | 24/07/2008 | Advice
We can't avoid the headlines and magazine covers sporting photographs of the rich and famous are flaunted at supermarket checkouts. Celebrities seem to live glamorous, fairy tale lives.
Crank It Up! - Industry Standards For Recording
By: Kevin Sinclair | 24/07/2008 | Music
We've all been in this situation before: you are watching a TV program when suddenly, the commercial break comes up. The commercial is much louder than the program you were watching. You turn down the volume, only to have to turn it back up once the program resumes.
Finding Hidden Freelancing Markets And Getting Clients
By: Kevin Sinclair | 23/07/2008 | Home Business
How to get new clients is something which comes up on a regular basis whether you have been in freelancing for years or you are relatively new to the business. Many freelancers spend sleepless nights worrying about the lack of new clients and try to find hidden markets in existence that they did not previously know about.
Giveaways - Do They Really Work?
By: Kevin Sinclair | 21/07/2008 | Email
Unless your computer crashed ages ago, or you have been in a coma for a very long time, you will be extremely familiar with Giveaway Events. All Internet marketers are informed that Giveaways are sure to build lists. But do they really work?
|
|
Business 
