Sunday, May 25, 2008

Reasons Your MLM Business is Failing?

Today, many people are interested in obtaining financial freedom.
Many also will look at a multi-level marketing (MLM) business as
a way to reach their goals. The problem is that about 95% of
those who get involved with MLM fail. Let's take a closer look at
why many such home-based businesses are set up to fail from the
start.

Reason #1: Most opportunities are way too similar. They just try
too hard to copy each other. Plus, the products and services are
boring. To make matters worse, the marketplace the company is
serving isn't growing very quickly. This type of home-based
business screams failure.

Reason #2: Many home-based MLM business opportunities force
people to do everything by themselves. It's unfortunate, but
businesses are loaded with all kinds of headaches and hassles.
It's a huge struggle just to keep things going, market, and build
a list. There are too many challenges and no help! The end result
of this type of opportunity: people will quit!

Reason #3: Most home-based business opportunities will never make
their affiliates rich or obtain financial freedom. Scams abound.
This is very sad since most people's goal is to develop long-term
wealth. The bottom line: people must look for a business that is
already making other average people wealthy, and that is easily
duplicated. The fact is there are legitimate home-based business
opportunities that offer this.

Reason #4: The majority of home-based businesses do not pay much
in upfront cash. Unfortunately, many times people are paid in
small sums. Low cost products and services are offered with a
small percentage profit. To make matters worse, people put in
tremendous effort and time only to wait around to get paid. No
one should ever get involved with this type of opportunity if
they want to succeed.

Reason #5: Many MLM home-based businesses are filled with gaps
and missing pieces. There is so much hype. However, when it all
dies down and one takes a closer look at what's being offered,
they find the work-at-home opportunity is pure fluff and fiction.
Basically, the home-based business opportunity is just a good
idea that someone is trying. If the opportunity is researched,
what usually is discovered is that only the heavy hitters make
the money, the company behind it is getting rich, and the
products and services being sold are only to the distributors!
This would be a horrible type of business to become involved in.

Reason #6 Many MLM home-based business opportunities are very
risky. They are filled with problems, pain, and frustration. As a
result, business opportunity seekers view them as a risk and
don't want to become involved with them. They know starting a
business from home has to be right and if they see red flags,
they will avoid it. Sometimes, people become so skeptical that
they never choose a business at all. They fail to realize the
right business opportunity can be found and worked without the
headaches.


The truth is, home-based MLM businesses can work. It simply takes
time and careful research to choose the right one. Avoid the
problems discussed in this article and you will be sure to find
the MLM home business for you.


Get My 12+Income SuccessStory here.

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The Top Three Tips to Build A Successful MLM

Many network marketers struggle in mlm. They want to know how to
recruit people for mlm and how to build mlm the best way. The
truth is, if you are struggling, your lack of success in not your
fault. Here are three tips that can guide you to a great mlm
career.

Tip #1 Change your mentality. People feel they fail for many
reasons. They think they are not coming out of their comfort
zone. Some think they are too tall, too short, or are not
attractive enough. Some feel their failure to go to company
events is the problem or they just are not cut out for mlm.

If you are thinking like this, stop! All of us have been
recommending and promoting for years and years. If we choose to
stop, we will just stop our paycheck.

The problem is that many of us have been convinced that mlm is a
sales business. Because of this mentality, we stop recommending
and promoting.

One of the secrets to mlm success is realizing this is a
mentoring and coaching business; a relationship business. Anybody
can do this if they truly want to. We just teach how to pick up
the paycheck.

Tip #2: Learn to generate your own leads. Many people in mlm buy
leads. This is not the best way to build your business. You see,
many leads lists are sold to a number of different companies, so
your "hot" prospect might already have had numerous other calls
from folks trying to get them in "on the deal".

When it come to how to recruit in mlm, another important point is
that this isn't a duplicatable system. Believe it or not, some
people out there are paying $100 per lead and spend $1500 a month
on leads. Plus, they spend around $2,000 on their company's
product. Now, think for a minute. How duplicatable is this for
most people? $100 a lead and $2,000 a month on products? Can you
see when it comes how to recruit people in MLM and how to build
MLM, this is a bad strategy?

The bottom line is first, you do not need to buy leads especially
when it is much easier to generate your own. Second, it is
crucial you have a duplicatable system so it is not difficult for
you and your downline to recruit people for your mlm business.

Tip #3: Take a careful look at how big the company's building is.
This sounds weird, but it is something that should be carefully
considered.

Have you ever taken the time to think about how much upkeep a
huge building requires? Not only this, but also how much staff it
takes to keep the operation going?

You see, when a company has a huge building with a lot of staff,
the company has to pay for the lights, keep the lawn mowed, pay
for electricity, maintenance people, etc., that can add up very
quickly!Plus, with all that staff comes salaries, bonuses,
vacation time, health benefits, short-term disability, and the
like. The bottom line, it all adds up, for some, to millions a
month in overhead.

You may ask who is paying for all of this? In many cases the
money has to be taken from the compensation plan. Also, products
prices can be high to help cover costs. Whatever the case, this
is a bad scenario.

You want to always make sure you bring your people into a strong
company where they will be paid well for their efforts and where
products are sold to consumers at the best price. This will help
them build a successful business.

So, when it comes to how to recruit people for mlm and how to
build mlm, if you keep these important points in mind, you will
be well on your road to success!


Generate your own MLM-LEADS with the SpiderwebSystem.

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Friday, May 23, 2008

Networking Your Way to Online Success

Forums, groups, boards, and loops; they’re all synonymous for
online locations facilitating online networking. Some are
entirely public, where everyone and anyone can click to the URL,
read the messages and if they have no interest in contributing,
they can just lurk. Some require active participation and others
require registration before members can participate. These
online forums, groups, boards or loops are different from paid
membership sites in that there is no cost to network at these
websites.

Some are active, some are sleepy. Some are strictly for business
related topics; some allow more OT (Off Topics) and social
interaction. There are forums for every imaginable topic:
Entrepreneurs, International business, Health related fields,
Technology, Copywriters, Web Designers, Work at Home Moms,
Programmers, Finance, Ebay, Job Seekers, Internet Marketing,
Writers, Inventors and Virtual Assistants, just to barely scratch
the surface of what’s out there on the World Wide Web.

Time management skills need to be paramount when participating in
online forums. You can very easily get swallowed up and spend
hours and hours online networking with others who have online
businesses, yet you miss real opportunities to get some
productive work done!

From a business standpoint, there are two areas you should
consider before participating in a loop. It’s always good to
have a network of like-minded business people. If you’re a web
designer, hang out with other designers. You can help and
support each other. If you’re just starting out, you can learn
from the pros.

Don’t get stuck though, just hanging out with your own kind.
You’re not going to be very successful trying to promote your
design services to other designers. This is where balance comes
in. Pop into the boards, check new posts of interest, ask or
answer questions, then get out. Then move onto groups who need
your services or products. Who is your target market and where
do they hang out? Go there. Word of caution: Do not go to
these forums with the sole purpose of SPAMMING the group. You’ll
be tossed out on your ear quicker than you can blink if that is
your sole purpose. People like to do business with people they
know and trust – or at the very minimum have at least heard of.


If you’re trying to sell your curriculum to a group of home
school parents and you just pop in, spew your sales rap all over
the boards then expect any sort of return, you’re missing the
point of online networking. It’s networking – not advertising.
You need to build a rapport with your other “loopies”. Then if a
need arises and they know one of their own fellow networkers has
that special skill or product, guess who they’ll call first? You
hope it’s YOU.

For starters check MSN, Google, Yahoo, AOL, and Ryze. Inside
there are literally hundreds and thousands of groups just waiting
for you. Start networking your way to success today!

Do you have your own world-wide-web yet?