|
|
Like this article? PLEASE +1 it! |
|
In Network Marketing, When Is Enough, Enough?
|
| Guest post by: Andy Acciaioli |
Article Overview: Network marketing is not for everyone. Some labor at building their mlm business for years and years with little to show for it. There has to be a point where a decision to leave (or change) the business must be made.
![]() |
Free Download - Do network marketing Prospect Questions Make You Go Berserk? By Andy Acciaioli |
In Network Marketing, When Is Enough, Enough?
Over the years I have seen many team members spend excessive amounts of
money (that they did not have) on their network marketing businesses. They would hold onto the theory that you have
to spend money to make money.
In any business model, you establish a budget and operate according to
– and constrained by – this budget. Most of we MLMers will shoot from the hip
when it comes to spending and anticipate big returns. Unfortunately even a modest return rarely
happens in our business. The figure that
is kicked around is that 90% of us will make less than $10 a week in profit
from our business in spite of the energy and hours we put into it.
If you are in it for the social aspect of meeting with other of your
team members, maybe it’s worth it.
However if you are in it to build a business to provide an option for
you (and your family), perhaps you should consider other alternatives or even
(hate to rattle any cages here, friends) a change in network marketing
companies.
When exactly is the right time to pull the plug? When do you decide enough is enough?
The simple answer would be after you have exhausted all efforts to get
your business going and it is not working for you. I know that I am not giving you a template as
to when you should stay in or get out but that is exactly how it is in this
business...nothing is in black and white, we deal in mostly gray areas.
If you have lost faith in your company’s products, services or comp
plan and you cannot get re-energized, even after seeking help upline, then
maybe that is when you should reconsider.
I absolutely am the world’s worse person to get involved with any kind
of “lotion or potion” opportunity. Have
I ever gotten involved with these networking businesses? Yup.
Did I fail miserably at them? Yup.
Did I end up emptying 4 cases of juice down the drain because I could
not sell them? Yup. Do I know people who are very, very
successful at building large “lotion and potion” network marketing organizations?
Yup.
I know I am not alone in being involved with some mlm opportunities
that I should not have been. As a matter
of fact, someone commented on one of my articles that I posted on LinkedIn that
he had been a failure at all the network marketing businesses he attempted over
a twenty year period…but he went on to promote this new venture he was involved
with. At first I was upset at the fact
that he was spamming his opportunity in a comment to my article but then a
comment by Pete Zdanis appeared under this guy’s comment. Here’s what Pete had to say: “20 years of failure?
Hmmm... have you detected any sort of pattern yet?” Good one, Pete. Hysterical but true.
20
years of failure in network marketing? I
think that would qualify you to be in the enough is enough column.
Article Tags: home based business, mlm, multi level marketing, network marketing
|
About the Author: Andy Acciaioli RSS for Andy's articles - Visit Andy's website Andy has been a network marketer for 20 years. Of late, he has focused on training other network marketers over the internet. For more of Andy's network marketing articles and training videos visit: http://www.AndyAcci.com Click here to visit Andy's website Flipping A Network Marketing No Into A Not Yet And Then To A Yes And The Network Marketing Princess Kissed The Frog And Kissed The Frog And Kissed The Frog 3 Devious MLM a Network Marketing Approaches TRY Doesnt Cut It In Network Marketing Let Posture Build Your Network Marketing Business |
Related Forum Posts
Share this article with your friends. Fund someone's dream.
Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.
Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
In the Year 2020 . . . Process
The Future of Online Marketing
Steps For Starting A Small Business
Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.



