8 reasons why people fail in Network Marketing?

Many people start network marketing businesses dreaming hell lot of money. Few thinks it’s a get quick rich scheme.

Few people join Network marketing just by seeing the wealthy leaders.

But most of them fails. Only few succeed.

With my experience working in network marketing industry with QNET, I thought of explaining the issues.

Reason 1 : They don’t take the Business Seriously

Many People Think this is short term. People think that to qualify in business you need a large capital. First you must take the business seriously, only then you will prosper.

Reason 2: Doubt

Doubt is a big killer. Stay Away from dream stealers. Remember SW Policy. Some Will, Some Won’t, So What? Somebody else is waiting!. Nobody and no business has a 100% success rate. Rejection is a part of the networking business. Instead of getting discouraged, why not learn from the experience?

Don’t focus on “Oh My! I am rejected” Instead, focus on “Why am I rejected?”

Reason 3: They don’t invest time yo be trained to master the business.

Spend time to learn about the industry, the company and the plan. The more you know, the more you can represent the business, and the more confident you will become. Train your leaders! But train yourself first.

Reason 4: They think it is a Get Rich Quick Scheme

This is get rich business, for sure. NOT a get rich quick scheme. If you want to succeed in this business, you have to think like a farmer. People fail in this business because they only want to ripen the fruits on the harvest, while they don’t intend to go through the efforts of ploughing the fields, planting the seeds, fertilizing the soil and watering the sprouts consistently.

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If you want a large organisation and improve the financial benefits you must be willing to pay the price.

You must be willing to miss out a few pleasures and functions for a few months. Nurture people and make them leaders. But the whole process takes time.

Reason 5: They have No Focus

All successful people are focused. The first rule of warfare is focusing out your strength. Don’t get disturbed by petty problems. It’s sad that still lot people, have not understood the power of the industry.

Reason 6: They Don’t know how to present the business

All big earners in this industry know how to present the business. If you don’t know how to present the business properly and handle the objections, people won’t take you seriously. If you can learn to present, you can spread the business anywhere.

Reason 7: They don’t look at the future

People who fail only see today. Focus on what your organisation will look like within 6 months from now, 1 year from now, 2 year from now, 3 years from now and 5 years from now.

Your financial future in this business will be determined by what you do or do not do over the next few months.

Reason 8: People who fail have no vision

All success starts with vision. without vision, people perish.

Vision gets people going, get people alive. From vision comes your goals. Then determine what your target is. Don’t take it lightly. Ask often “Do I have a vision?”. What target am i going to hit?

You need a good strategy to win in the network marketing industry. Read How to win in Network Marketing. It takes a lot of effort and time. I am saying you again it is a Get Rich Business for sure, But not a Get Rich Quick Business!

Bonus: Some Extra Tips from my Experience in Network Marketing with QNET.

1. Dont Get too attached: The Network marketing is built on top of relations. When I say relations, There are people involved and most of them are just unpredictable / fake. People fake love just for building team which is one thing you should be aware of very much.
2. Don’t force your friends or relatives if they don’t want to: You might be inviting them with good intentions. But Network marketing is not for everyone. And not everyone will be able to make it big. This can cause problems in your

NOTE: I strongly recommend you to do network marketing only with companies who leverage internet properly. That is where the power lies. With QNET, this is not technically practical.

It’s not practical to invite a prospect over internet and signup with QNET which is why I joined crowd1 later on. QNET is a very old company and they haven’t upgraded the system much where as modern companies like crowd1 are using most modern technologies like blockchain.

Also, people can signup with Crowd1 for as less as 99 Euros. 🙂