Podcast

Why Do Most People Fail in Network Marketing

By September 22, 2020

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How many of you have watched SOOOO many people come and go from their network marketing business?  And like myself, have you started to wonder WHY?

Why do so many people fail in network marketing?

The answer is quite simple — these people treat network marketing as a HOBBY.

‘The Hobbyist’ is the overwhelmed, overworked, and underpaid network marketer, trying to ‘do it all,’ but feeling totally confused, and not able to produce any real, consistent results.

The Hobbyist thinks, ‘Let me give this a try and see if it works…’

The hobbyist is not willing to COMMIT to the process of building a business and put in the necessary time and effort in the right activity during the early stages.

Here are some of the main characteristics that describe The Hobbyist:

  • Struggles with recruiting and building a team
  • Fear and overwhelm are their 2 biggest enemies
  • They possess a Sales Mindset in their business
  • Focus most of their time on social media (think it IS their business)
  • Held back by their past, no clear vision for their future
  • Constantly dealing with self-doubt and comparitis
  • Spends too much time consuming training and not enough time taking action

I bet that many of you can identify with AT LEAST 1 of these things. If so, there’s a VERY GOOD chance you’re stuck in the Hobbyist Role in your business.

How do you get out of The Hobbyist Role that’s been keeping you stuck for so long?

You need to make the shift to being a REAL BUSINES OWNER.

And so I’m going to spend this entire episode talking how you can make that shift and finally start thinking and acting like a Real Business Owner.

And when you’re done listening to this episode, take your very step towards becoming a REAL BUSINESS OWNER and register for our FREE 4-part LOVE SERVE GROW challenge, kicking off of September 24!

 

Episode Quotes

“Hobbies don’t MAKE you money; they COST you money.”

“The secret to success in networking marketing is to treat it like a real business.”

 

Listen to Learn

01:04 – My heartfelt THANK YOU!

03:15 – Review of the Week

09:29 – Why many people fail in NM? (The Hobbyist Role)

14:25 – Main characteristics of a hobbyist

18:22 – Making the shift to a real business owner

27:42 – Believe that YOU CAN DO THIS

 

If you have questions, text me at (215) 608-1454, and let me know what do you need help with, what issues are your struggling, and what topics you want me to cover in future episodes.