Truth of MLM... Truth of MLM that your upline will never tell you! The truth that contributes to 95% of the failure rate after joining MLM or Network Marketing Industry.

 

Friday, June 19, 2009

MLM Truth - That Will Shocked You

What your upline that teaches you actually don't work at all. What are the usual things taught by your upline? Let's see...
  • Making name list
  • Cold calling to all the people in the name list using phone script
  • Keep bugging your friends and relatives about how good your company is and also the products
  • Attend all company's event and training
  • Bringing people to meetings/seminars
  • Organizing home parties
  • ...and many more...
If any of these methods work, why is there still 95% of people failed in MLM or Network Marketing? Simple reason is because the lifeblood in this industry is "leads" which in another words we called it "prospects".

Leads/Prospects are the people are interested with the products and who needed the products to help them to solve their problems. The higher the number of leads you have, the higher the chances of getting a new customers or new sign up as your downline.

The MLM Truth is all about "NUMBERS". However, the "numbers" are referring to targeted leads. Using the above methods, the number of leads that you will get is very low because the people that they you are facing are non-targeted. And you will need to work very very hard to get interested leads out of so many non-targeted people That is why, people feel so tired by working so hard to find leads, spending more money and wasting more time, which in actual fact they join MLM/Network Marketing is to make more money. Slowly..they are tired and frustrated and they give up. So, they falls into the category of 95% failure.

Approaching "warm market" are those people that you know like friends, relatives, colleauges won't make you successful in this industry. Simple reason is because how many friends, relatives and colleauges that you have? Are they all interested with the products you are trying to promote? Ask yourself, you know the answer very well. We don't have much friends, relatives or colleauges. Second, most of them are not interested with the products but they buy because just want to "give face" to you!

Most of us are born shy and not born to be a sales person. I myself do not like to talk to strangers face to face because I will feel so nervous and don't know what to say after that. I'm sure most of us have the same problem. How can upline ask us to talk to everyone and anyone that is around us? And also telling us that everyone and anyone is the prospects. Impossible!

Keep inviting people to training and seminars...the people that we are able to bring maybe just 1 or 2. Face the real world. Why would people want to take out few hours just to attend the training or seminars? They got better things to do like spending time with family. Of course, what we will get is the rejections is more than anything else. How long can a person stand with rejections? Ya, we always hear..the more "No" you get... the nearer you are to get a "Yes". But, the rejections is just a really hurtful feelings. As for me, when someone rejected me..it will take me days to recover and to forget about it. But usually it is just so hard to forget about the rejections that we have encountered before.

So, the longer a person is suffering and struggling in such situation they will finally make up their mind to stop doing such a difficult business. Not only have to face so many challenges and also spend so much of time doing all these things as they need to learn to face all the methods taught by the Bul*S*it Uplines!