When
you first start a network marketing business, you’ll likely need a reality
check. If you expect to be earning money
your first week, month or even two months, sorry but it probably won’t happen. You must also realize that as a business
owner, your income can fluctuate from month to month. It is an unfortunate fact that not all ABO’s
are willing to put in the time and effort required to succeed, so they quit.
When
we work for someone else, our income is usually steady, but as a business owner
you are not paid immediately, but this is a sacrifice you must be willing to
make. If you are not willing to do so, your business will be short lived. In the long term, you can be rewarded
handsomely, but in network marketing in the short term, it can be difficult.
No business –
whether it be a network marketing business or a storefront, it is important to realize
that your business offers you a long term financial solution. If you’re
expecting to be earning thousands of dollars within your first few months, you
will likely be disappointed. If anyone
tells you otherwise, don’t believe it!
I am not saying it is impossible to earn good money in a short period of
time; but for the vast majority, it takes time.
The great
advantage of a network marketing business is that it is an uncomplicated and affordable
way to achieve financial freedom. But,
as I said, it offers a long term financial solution, so you must be willing to
make a long term commitment to get your desired results. If you work your
business consistently and persistently, persevere in your efforts with a
positive attitude, and you are patient, your sacrifices will pay you back in
the years to come.
The
biggest problem that most network marketers face at the beginning is that they
feel as though they are spending money to get their business established but
seeing no results. How is this different
from opening a hair salon or a retail store?
A huge advantage of starting a network marking business is that it is low
cost. Most
traditional small to medium size business are in the red for years before they
start to earn positive cash flow. This
is why we see so many small businesses close down within the first few years. Once you earn enough with your network marketing
business to cover your monthly expenses, you are in profit mode. In many businesses, it could be as few as
five transactions; with others more.
As you’re
building your home business, it is important to keep the big picture in mind. Many fail because they expect success to
happen. In reality, success comes to
those who make it happen. Anyone
who fails at network marketing does so because they chose not to put in the
time and effort. People who quit their network
marketing business – and of course, many do so repeatedly - do so because they were not
committed enough or were unwilling to persevere.
The difference between those who succeed and
those who don’t in any given network marketing company is the individual’s
commitment, dedication and persistence towards achieving their goals.
Going forward
what does this mean? It means that you should
expect that in at least your first couple of months you will likely pay out
money with little or no income. As you
continue working your business, your exposure will multiply month after month,
and then you will begin to be rewarded financially for all your ground work.
As you are
first starting out in your business, you need to make a commitment to yourself,
your team and your business for at least your first year, giving it all the effort
it requires to become established.
As you work
towards achieving your goals, it is important to remember that perseverance is
not a long race; it is instead many short races. By identifying your long term goals and setting
smaller goals along the way, over time, you will see the results of your
efforts.
