Monday, November 1, 2010

Seven pitfalls

Pitfall #1: Reinventing the Wheel
Network marketing is a simple process. If you keep it simple you will be more successful. Seasoned vets follow a process new reps need to understand and duplicate that.New reps take too much time and effort trying to do things their way.
Pitfall #2:Treating your business like a hobby
Treat your business like a business and it will pay you forever.Don't experiment commit to doing your business. With in months they will either quit or loose control of their business. To make it big, you have to think big from day one. That means implementing procedures, policies and System's appropriate for a multinational corporation and sticking to it. Even if your the only one on the payroll.
Pitfall #3: Stop making yourself the issue
Most people starting out in thier mlm business have no marketing or sales experience. Meaning your cash flow may be negative also. You're angry, frustrated or discouraged most of the time. You don't have answers for the tough questions you're being asked by your prospects, this may sometimes scare away a prospect then entice them. So, what do you do? Get in contact with your up line; find a successful person in the levels above you who is willing to act as your mentor. Build a relationship with that person to help you attract new prospects.
Pitfall #4: Taking Rejection Personally
You will eventually be compelled in your network marketing business to meet new people by phone or face to face, and pitch them on your opportunity.Many will say no. ruckies all too often take such rejections personally. They immediately blame themselves or the opportunity. But the successful networker understands that the problem is usually nothing more than timing. Experience has shown that if people are at the right time in their lives, they're going to get involved in this business no matter how it is presented. If the timing isn't right in their lives, I don't care how brilliant, skillful, and articulate you are. They're not going to get involved.
Pitfall #5: Forgoing retail proffits
Most new people forget about selling products because they are trying to find a big time leader ,remember you will attract people just like you in your business(law of attraction)." Let your down line do the selling," they say. But you set example for your down line. So if you do not sell, your down line won't either. People your product will not sell it self if it did the company would not need you .

Pitfall #6: Listening to the Dream Stealers
New recurits should not listen to negative relatives dream stealers, professional colleagues, or anyone they know and respect. Work your business and it will work for you learn how to ignore dream stealers
Pitfall #7: Abusing Your Sponsor
Your upline could be one of your most valued resoureces. He or she is there to direct you,support you, and assist you in selling and recruiting. Lose your sponsor's good will and you've cut off your life line. Too many networking neophytes burn out their sponsors with endless complaints, lamentations, and other emotional demands.

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