3 Top Reasons People Fail in Online Business

Tuesday, December 30th, 2008 at 6:31 PM

Few days ago I was on the phone with one of the greatest leaders and top earners in the industry. The topic of our conversation was top 3 reasons people fail in online business and it always seems to end up with next:

1) Faith in YOU – this requires reprogramming. Believe it or not, there are many people out there who do not believe they can create income of $10K-20K-50K-100,000 a month. They look at their parents, brothers, sisters, aunts…whatever and whoever, and they think if those people could not do it, how are they going to do it? They have what we call a “financial thermostat” broken. If you cannot see it and feel it = chances are, you won’t get there. So your attitude needs to be adjusted. Your financial thermostat has to be fixed and your thinking needs to be reprogrammed. Start reading everything you can lay your hands on on the subject of “achieving success”. You might want to start with Napoleon Hill’s Think and Grow Rich, which is available on the internet for free and work your way from there.

2) Marketing System – if you think about it everything you do in life, if you want it to have results you can repeat and expect, you need to have the system. If you sell, you can’t successfully sell from the seat of your pants – you need the system. The same is with marketing. You can’t successfully market from the seat of your pants, you need the system. But imagine having a system that not only takes you step by step in your marketing endeavors, but it also, sorts and sifts through your leads bringing to you only highly qualified leads already interested in your opportunity. And those who are not interested in your opportunity still get monetized by your system. Phenomenal concept!

3) Faith in the products – a lot of people do not have a belief that the products they are selling will do what they are supposed to do. They do not have a belief in the company or their management etc…either way, if you don’t believe in what you’re selling – you will not get far. Hopefully when you signed up originally for your opportunity you did a good due diligence job. So why not do it again? Pretend like you know nothing about the company and do a thorough due diligence. Guess what, if you come up with bunch of great reasons to sell this product – just like you did when you originally joined – great, you’re on the right track. You just need to stick with the system and work your plan. If you start having doubts about the overall thing, maybe it’s time to consider joining a company with more stability, more integrity. There are “few great ones” to choose from out there…=)

The bottom line is this: if you find yourself being stuck in the rut due to one of the things listed above – DO NOT despair and DO NOT quit. All this can be “fixed” and you can be on the right track to create your destiny just like you’ve been dreaming about.