The Struggles every Network Marketer will go through. There are 6 main struggles you have to overcome.
Working in online marketing as a network marketer is not easy it always sounds easy and if you listen to some people it is the easiest business in the world. Online Marketing has a very high failure rate. Why is it that of 1000 Network Marketers 10 will succeed?
Lots of Network Marketers quit before they become successful.
Everyone in the online marketing industry who is successful and everyone who struggles to make it in the online world will go through the same ups and downs. The only difference is how people handle the ups and downs. That, in fact, determines if you succeed or fail.
I went through a lot of ups and downs, one day I was on the top of the clouds as I had a good week with sales. The next week I was thinking I am getting nowhere as I had just a few sales, and my mood thermometer sank to the lowest when I did not have any sales.
I felt like the ocean with big waves that throw me up and down. I had another job on the side when I started to look after my family and then start in the Online Business. I struggled for the first 6, and I thought that should be easy, you must be joking. I realised around in the 5th month that I need a system and a proper mindset to keep myself motivated and to go.
Network Marketing requires a Lot of Discipline. Is Discipline the key to success?
It is so easy when working at home getting distracted and do other things. When you start, and you do not set out your goals and hold your self responsible you are doomed to fail.
I know what I say now it seems harsh and a lot of you will not agree with me, but if you want to be successful in Network marketing, then you must change your attitude, your mind and some of your environments around you.
Changing an environment is not so easy as you will eventually replace all nine environments.
Is Time Management a must for a Network Marketer?
Network Marketer struggle with Time Management and if you are not able to manage your time efficiently, you are trapped in the hamster wheel.
Time Management is for Network Marketers a considerable struggle and with the Time Management comes the efficiency.
Lots of people joining the Online marketing never owned a business before, they have been an employee their whole life and don’t get me wrong there is nothing wrong with that.
When you start a business, you have to be self-disciplined, and you need to manage your time wisely and efficiently. A lot of planning is involved, and that goes from the day to week, to month and 6-month plan.
The downside is you need to put in the work even you do not feel like it. When others go out for the weekend, you have to stay and work on your business. If you do not make your Business high priority and you treat your side business as a hobby, it will always remain a hobby.
I know this step is hard moving from hobby to business. But if you do not make it a high priority life will get in the way and will take over your business. You need to work at least 2 hours a day on your side business if you can not do that you will get bored and after a while, you lose interest and give up.
One thing you also have to understand when you do time management then you have to do it right. Time management is not just time management you need to manage your time efficiently in a way that has 20% input brings you 80% of the sales.
With Time Management comes another struggle and that is called Decision making.
That struggle is making a decision. When you do and follow time management you need to decide on which are priority task and make you the most money and how long can you spent on them. Lots of Network Marketers in the beginner state struggle to work out a system and priorities the tasks into daily and weekly tasks.
For me I normally outsource the work I do not like to do, and therefore it will take ages for me to get it done. Things I don’t like to do, I normally procrastinate and it took me a while to understand this.
Another struggle for Network Marketers is Getting Leads.
Getting leads is one of the biggest challenges that people deal with. To succeed in Business, you need leads. It does not matter if you have a physical business or a digital business. Without people to talk to, sell your products and explore the business opportunity you have no business.
It is like a restaurant without customers to sell your food too, you have no business, and eventually, you get bankrupt.
There are different ways to get leads, and the possibilities are endless.
A simple and efficient way to find a lead generation possibility of what works for you.
You can use classified ads, local events, solo ads, blogging, youtube videos, sales funnel, or opt-in pages where your visitor to your site signs up for a newsletter or receives a gift.
There are hundreds of possibilities to generate leads. The only thing you must do is take action.
The next struggle for Network Marketers is Duplication.
What means Duplication? It means that when something works like an ad that you want to duplicate it or your team to achieve more sales.
When you sign someone up you, want them to be able to go out and find a few customers or sponsors a few distributors to teach train and support their team and duplicate that over and over.
It sounds simple in the real world; it doesn’t work out that way. Do you believe that almost three out of four people who join your team going to end up quitting in less than 90 days?
They are not going to sponsor anyone, and they’re not going to find any customers they are not going on auto-ship no matter what you do to help them. It is hard to accept that, but the sooner you accept that fact and embrace that the better off you are going to be.
What is the key to duplication?
The Key to duplication is to have a simple system people can easily follow and a strong team culture that people love to be part of.
Besides, you use a simple system that is called tap- rooting, where you build depth quickly under the people you enrol, and you give them something to lose when people have something to lose then they are less likely to leave the business.
The invisible struggle of outsourcing and finding quality people.
It is hard for network marketers to find people that are leaders and doers. The truth is there are not many leaders and doers out there.
Have a look in the cooperate world most people stay in their job for years without a promotion or go as far where they do not need to make important decisions. Leaders and doers make decisions all the time and making decisions on a daily base is for a lot of people a struggle.
But that is ok we need the diversity in the people that what makes our world go around. We need all different types of people in the world to make the economy run.
The sooner you realise that the best people In network marketing typically show up in depth rather than the people you sponsor. As you sponsor people whatever they are good or not they can lead you to quality people.
One other thing you should do is recruit up, and that means look at the people who are at the same level as you in the areas of success, knowledge and motivation. Most people they hire or recruit down as they look for the unemployed person broke a person, or someone who is struggling their whole life, that is not really who you want to recruit into your business.
They might be a great and well-educated person they are just not a prospect, and they just do not have the spark what it takes to be successful. You want people who have the same view of things as you and works as hard and determine as you.
The person you recruit should have contacts, credibility and some influence. Look for those prospects and your business will grow.
I usually look at people, and I look at people who owned a business before, or have done network marketing before, sales professionals, or know how to work on a commission base.
Use quality people in your team, when you have to say 30 people in your team, and you sponsored 5 or 6 of them you can look at the other 23 people and find the two or three who want to do something with the business and start working with them.
Attrition is a Killer in Network Marketing.
What is Attrition? It is a process of reducing something’s strength or effectiveness through sustained attack or pressure.
That is a killer in our business. It is the fact that around 65 to 70 per cent of your team is quitting the business every single year and the truth is all businesses in the real world they lose customers, and they lose employees, and online marketing is no different.
The problem with most people is that they start something but don’t finish anything. Most people give up on diets, give up on fitness and exercise. Most businesses in the real world don’t succeed; it is a fact of the real world. Network Marketing is easy to quit as you usually invest less than a $100 investment.
If you would invest one million dollars in starting a traditional franchise, you would never quit when times get tough, but you would do the opposite, and you would do everything and anything in your power to make this franchise business succeed.
That will never happen in the online world as the investment is small and people have no skin in the business and write off the few bucks very quickly.
That is why I say you want to build depth you give people something to lose. If they have a small team and a small check they are more likely to stay in the game.
Final thoughts from my experience that are the most common obstacles you have to overcome when you are in the online marketing world.
You have to deal with this struggles day by day until you found your way through this. Check out the winning the game of money it is a mindset program and helps you get focus and grow above yourself.
Implementing a system together with the right mindset is very important to succeed in the online marketing world.
If you are thinking of making a career as a Network Marketer, then you have to learn how to overcome each one of the challenges, and there will be more challenges coming your way the higher you climb the ladder of success.
My Advice for any Network Marketer out there who are struggling is creating a system and get clear of your vision. The Business is 70% mindset and 30 % a system.
One important thing is being a Network Marketer, in the beginning, can be a lonely place. People and friends will not understand that you spent more time with your computer instead of spending time with friends and family.
Being part of a great community is, and it is essential to talk to people who go through the same struggles as you.
As glorious and exciting it sounds to be a Network Marketer it is a long and hard way to go to the top. When you made it, and you are up at a certain level, it is a great feeling, and the reward is unbelievable.
I am a network marketer for 3 years now, and I worked lots of hours on being where I am today.
Believe me, many times I had to motivate myself as the doubt came up is this really that what I want.
Yes, now I can say being a Network Marketer is great, and I have learned a lot on my way up. As I do not want to stop here, I want to climb continue the ladder of success and to do that I have to work on a continuing base on my skills and knowledge.
One thing you have to understand you do not need to reinvent the wheel again, do what other successful Network Marketers do, and run split testing what works and what doesn’t than you duplicate it.
I am part of a great community that gives me support when I need it.
This learning platform helps me to deepen my knowledge and learn every day something new
Are you interested in finding out what the platform is?
Then click here to find out how I went up the ladder of success.
If you want to know more about wealthy Affiliate then click here and read my blog. Affiliate Marketing for Beginners and Advanced. Wealthy Affiliate the best Platform to be part of.
What is your biggest struggle to overcome and what are the obstacles you solved as a network marketer? How long did you need to implement a system and make the first money?