Networking is great but....

I know networking is a great business, but there are many who have tried and failed. Why is that? It may be because of not enough continous referrel and expansion of the network. So, not everyone can succeed.

Networking is not the same as network marketing.

Why do some people fail at network marketing? Probably for the same reasons people fail at other businesses such as lack of motivation, skills, or experience.

I've been in network marketing with one company for ten years and I've seen lots of failure. AZBroker gives some good reasons - lack of motivation is always one of the top - BUT so is lack of proper training. The most singularly highly motivated in anything will figure things out. The rest with motivation need coaching and sales skills - networking skills which I find very close to sales skills in many ways.

Building a network of sustaining productivity is also a big challenge which requires individual leaders of groups to reinforce training and give support. It's a challenging business model many disparage, many misunderstand, and many never look at.

Like everything else, perhaps 3% are top earners and many earn extra four figure incomes.

MitchM

Here is an article on why salespeople fail:
16 reasons why salespeople fail

Many of these network based sales schemes also have a pyramid aspect so that late entry salepeople are never that likely to do well do to saturation.

I read your view as limiting and untrue in most cases, but those are common misconceptions and uninformed biasaes. Also, your depreciating words "sales scemes" serve no good purpose any more than "shady salesman" or "unsavory used car salesmen."

MitchM

Originally Posted by MitchM I read your view as limiting and untrue in most cases, but those are common misconceptions and uninformed biasaes. Also, your depreciating words "sales scemes" serve no good purpose any more than "shady salesman" or "unsavory used car salesmen." MitchM

Well said MitchM.

People fail due to lack of motivation, experience, confidence and consistency. Some people go into a business with the expectation of easy work and easy money. What they don't realize is that it takes consistent effort, patience and determination to make a business succeed. I have seen many people go from poverty to rich in Network Marketing, but they treat their business like a real job with diligent effort.

It is good psychology for salespeople to see success as under their own control due to theor own efforts at every stage of the game *except* choosing what position to accept or what business to start. Drive and motivation will have very little effect if the product is expensive rubbish that nobody wants or everyone already has. Rather than become super salesmand and shift it anyway it makes more sense to select a desirable product and make your life a whole lot easier

Originally Posted by rattitude Drive and motivation will have very little effect if the product is expensive rubbish that nobody wants or everyone already has. Rather than become super salesmand and shift it anyway it makes more sense to select a desirable product and make your life a whole lot easier

One of the first sales a salesperson needs to make is to himself/herself on the product/service being offered. If the salesperson doesn't believe in the product/service then performance will take a hit.