How To Prosper In Network Marketing – 8 Rules To Follow (2024)

Have you considered that your belief system may not be on the right path for success?

Read about what has worked for me. With a simple recipe, I’ve been able to turn my struggling home business into becoming a success story and will share what I’ve learned.

Now here’s the thing about the network marketing industry, all network marketing companies suffer from highATTRITIONand my home business did too for a while. It was so frustrating!

What’s more, MLM companies catch momentum and that only lasts for maybe a year or two and then the mass attrition starts to kick in. Those who were struggling or don’t hold themselves accountable for their lack of progress will jump into the next shiny object that comes along.

The thing is,the grass is always the greenest where you water it.I wrote a post about that, you may want to check it out later.

For us network marketers it can become an ongoing battle to always stay a few steps ahead of the attrition. Of course, what company you align with can partly remedy this problem because some programs are more duplicatable than others, but you will NEVER eliminate it 100%.

In essence, attrition largely comes as a result of having a weak belief system (at the subconscious level) which makes it almost impossible for some people to succeed in this kind of business. The other problem being people, as a rule, are much more externally motivated (instructed, supervised, etc.,) and what happens in their universe influences their mindset. As an IBO (Independent Business Owner) the motivation MUST flow from within.

In my first few months in network marketing, I was running around like a headless chicken. It was all so new to me. I was totally doing all the wrong things. My sponsor signed me up and left me on my own to figure it all out. He was too busy signing up more and more people and not training new his recruits to become successful.

It’s a fact, SUCCESS and DUPLICATION are more likely to occur when signups have a clear plan to follow and are nurtured during their critical first 90 days.

There are daily activities that you MUST DO to make sure your home business is a success, but the truth is most network marketers will do absolutely NOTHING … which of course is the wrong mindset to have if you are wanting success. It does not set a good example of leadership to instill action or duplication in recruits. Any wonder then that so many network marketers don’t see lasting success.

Anyway, I don’t blame my sponsor(s) as they were not being taught to do anything different by their upline. The programs themselves also promoted that kind of mentality in the way the payment plans are structured… i.e., high break-even point, costly monthly auto-ship or qualifier for residuals that would even make a ‘go-getter’ gulp!!

But the thing is, I was smart enough to know that I needed to learn new skills…then go talk to many more people. I had to learn how to efficiently turn a cold market into a warm market, personal branding, attraction marketing, micro blogging and so forth.

So I started myself on my own program of self-development, to become accountable for my actions and many failures — and of course celebrate the successes when they happened. And while going through that process I eventually discovered how I should do things correctly to achieve the kind of network marketing success I craved.

— Hey, I leverage the training put out by others and ‘the gurus’ while I further my own personal development.

Yes, these are all basic activities that many network marketers don’t practice enough. All easily fixable for a focused mind.

Many MLMers are so fearful of rejection or they just never get started. People will get very excited about the products and opportunity, but after the emotion, the excitement goes.

The euphoria lasts maybe a week, two weeks, a month or even a few months. They get that first NO, that second NO, that third NO, then they stop contacting people, and before you know it they’ve quit because they’ve not been shown how to develop the necessary recipe for success.

Well, if you have read this far then I hope you are wiser because you now know how to prosper in network marketing. You can now help people break that vicious downward spiral by finally adding an extra paycheck. They can stop their losses, start paying back their credit cards, and now have a way to get ahead in network marketing. It’s not complicated, you just need a better and simpler system for success.