Common MLM Mistakes to Avoid For Newbies Part 1

Trying to understand everything
If you are new in your business and you sit down for days (some even take weeks before they take action) trying out the product, reading all the company brochures, understanding every single calculation about the compensation plan, memorizing all the names of the management in the company (I think we get the idea)…

This is a VERY SLOW way to get started in your business.

Your business is like riding a bike
(1) You don’t learn to ride by reading the best manual on riding
(2) You don’t learn until the moment you start peddling
(3) You learn by falling down
(4) You also learn how not to fall down after falling down the first time

Reading every single book in the industry
Most MLMs recommend a reading list and they are very helpful for new people especially if the information is factual and informative about the industry. Reading is also a very good habit to develop. But one of the major mistakes of new people is thinking that the more books they read, the more money they are going to make! Those books are mostly self-help books or network marketing self-improvement.

Most newbies spend too much time reading books for a number of reasons
(1) Overwhelmed by ignorance. Once again, trying to understand everything before taking action

(2) Overwhelmed by fear. The paralysis causes them to retreat to their books without starting the marketing

(3) Overwhelmed by frustration. They assume that after reading their first book, if they don’t achieve enough success, they get disheartened and feel the need for self-help more! They try another book. If they fail again, they will blame themselves again. Always remember: Books are subjective. It may work for the author but differently for another.

Doing the business alone during the first 30 days
Network marketing doesn’t care of if you are a CEO, entrepreneur, manager, housewife, college kid or a beggar. If you are new to the business you start from ZERO.

If you think you can earn a six figure income in 2 to 5 years time without following a system then you are grasping at thin air. There are people in traditional business who do make it within a few years but everybody learns from SOMEBODY and network marketing is no exception.

Here is an example.
There is this one guy who is an experienced businessman. He started in network marketing and wanted to do it his own way. He rented an office, hired a few staff, created a sales team and sent them out after spending a few hundred thousand dollars on capital alone. After 3 months, his business had nothing to show.

What happened? One of the main reasons of his failure was the fact that network marketing is not designed to run this way. His staff or sales team will not be able to duplicate the process.

There are uplines mentors to guide you and they don’t cost you any money to ask for help. I would go to them like a sick man would go to a doctor instead of an architect.

Quitting your job
Network Marketing is a business like any other business. Don’t get psyched into thinking that by burning my bridges and giving all I’ve got for the next 6 months without any financial support.

There is this saying that goes, if the only tool I have is a hammer, all my problems will look like nails. In network marketing, ANY form of financial pressure might kill your prospects because you will keep seeing them like money bags before and even after they ‘get in’.

Some seasoned networkers only ‘consider’ quitting their job when their income in their business matches at least double their current income.

Selling the business – I have a business opportunity for you
What you are doing now will be duplicated downline. Most people would agree that 80-90% of the population are not trained sales people.

Most people who CAN’T SELL, SELL things that DOESN’T SOLVE other people’s PROBLEMS, to people who DON’T LIKE BEING SOLD, who perceive you as a SLEAZY SALESMAN trying to get into their pockets.

This means that most newbie make the mistake of trying to sell the opportunity to others (who don’t like to be recruited or sold to). People are looking for solutions to their problems – therefore pitching the opportunity usually comes across to prospects as a way for the business builders to get their hands into the pockets. This usually leads to:

Begging people to join
New distributors get so hard up on recruiting people that they wind up coming across as high-class beggars in suits. They pitch and sell and pitch and sell that prospects get afraid of them. Some even chase down their prospects.

Always remember that the ball is in your court. They are the one who needs the opportunity and you are HELPING them to realize this. Don’t try to convince them. Instead, when you start helping people out of a genuine concern, dealing with their problems, they will be attracted to you and they in turn will ask you for opportunities.

Watch out for my next post. I gonna reveal some more common MLM home business mistakes to avoid for newbies.

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