4 Network Marketing Mistakes You Should Avoid This Year

Tuesday, March 17th, 2009 at 12:26 PM

mistake 4 Network Marketing Mistakes You Should Avoid This Year 1) Thinking that your top 3 people will always be your top 3 people.

Sooner or later you will get to the point that you will have probably some 3 people that are your top producers. You will find yourself spending most of your time with and consequently it will be where you will pour most of your efforts in. However, life happens. Your top produces may get ‘tired’ and quit, they may think the grass is greener in a different NM company…things will happen and you will turn around one day and they won’t be there. You can’t chain them to your downline, nor realistically should you. What you can do is to be prepared. Be prepared mentally that you will lose them at some point, and be prepared strategically by always recruiting the next three superstars.

2) Quitting too soon.

This business, as many others as well, experiences 95% attrition rate. That means that out of 100 people 95 will quit for one reason or another. But you, YOU need to stay in the game. Don’t worry about the people that quit. Because all you need to do is stay in the game long enough to see the success. All you need to do is 5% more than all the rest. If you quit, you will fail for sure. If you stubbornly stay – you will reach the success line.

3) Giving Freebies

We all have that broke-brother-in-law, 3rd cousin, or a great friend who we know could benefit from this business and we would do anything to help them get started. But the problem is they wouldn’t do much for themselves. So we tend to perform ‘charity work’ by sponsoring people ourselves and putting them in their downline. The problem with that is is that we’re awarding the wrong behavior, our free work gets to be expected, we work our fingers off, but all we usually get in the end is big disappointment.

4) Babysitting

Another big mistake I see a lot of people in the business are making is literally babysitting their team members. You have to understand that not everybody you sign up will work that business. For the life of me, I will never quite understand it, but people sign up for the strangest reasons. Least of all is to really create something out of it. If you have to call them every morning to motivate them to get up, to pump them up for every call, to push them to attend the meetings and conferences – it ain’t worth it – as they would say here in good ole Texas. If the money does not motivate them, you’re out of luck with those. Your time and effort is better spent with people who really deserve it.

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