MLM success secrets... what are they? Is there a magic formula to building a successful network marketing business?
One of the biggest drawbacks for many distributors trying to achieve mlm success is the value they put on their business. I have lost count of the number of people who have entered the world of mlm with an already pre determined amount fixated in their minds of what they are willing to spend in their business.
This can be a big mistake. My first venture into network marketing was an abject failure. I went into it with my mind already made up of how much I wanted to spend in my business before I would bail out. With that kind of attitude, I was never going to succeed.
MLM Secrets
There are no secrets to succeeding in network marketing. Putting a dollar bail out limit on your business without really giving yourself a chance of building it is not going to help you become an mlm success story.
The biggest reason in my opinion why people don't achieve mlm success is because it's so easy to get into. Yes, you heard right. Let me give you an example.
Spending $200,000 to buy your way into a traditional business would be a big stretch and a little nerve wracking for most people. Would they work their butts off in their business and put in whatever it takes to survive the first couple of years? You betcha!
In actual fact, they really don't own their business do they because they've borrowed $200,000 to buy it. The truth is, the bank owns it.
What It Takes To Achieve MLM Success
In an mlm business of course, getting started is easy. Anything from $250 to $2000 and you've got yourself a business. But this is where the problem begins.
Even investing $2000 is not a make or break situation for many people so the urgency to make sure the business succeeds isn't quite as strong as borrowing $200,000 and putting all your assets on the line. This small entry fee is one of the main reasons why people fail to achieve mlm success.
Bottom line is, for many, it's a reason to give the business only a half hearted shot and see if they get lucky because after all, they haven't got a lot to lose in terms of invested capital.
Dean Caporella is a professional online marketer. Who else is sick of chasing down prospects and harassing relatives? Learn the 7 great lies of network marketing Stop wasting time on old school network marketing techniques - find out why 97% of mlmers never make any real money.