Someone said to me recently that they were not interested in a home network marketing business because they heard that 80% or more of all people fail.
First of all…
Yes… it’s absolutely TRUE! …but before we get into this, I want to make an important distinction… most people fail in network marketing, simply because they quit.
Here’s what I have to say about that…
80% of people who start a network marketing business, quit… and the percentage is probably a bit higher than that.
…Just like 80% of people who start a workout… quit.
…Just like 80% of people who try to be a real estate agent… quit.
…Just like 80% of people who try to be a mortgage broker… quit.
…Just like 80% of people who start a new diet…. quit.
…Just like 80% of people who start to read a book… quit.
This is not a home business statistic folks…
it’s a HUMAN statistic!....
(…or you could even call it a universe statistic)
It’s referred to as the “80/20 RULE” or the “Pareto Principle” (…look it up).
Here’s what Wikipedia says…
The Pareto principle (also known as the 80–20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who, while at the University of Lausanne in 1896, published his first paper “Cours d’ economie politique.” Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population; Pareto developed the principle by observing that 20% of the pea pods in his garden contained 80% of the peas.
It is a common rule of thumb in business; e.g., “80% of your sales come from 20% of your clients”. Mathematically, the 80–20 rule is roughly followed by a power law distribution (also known as a Pareto distribution) for a particular set of parameters, and many natural phenomena have been shown empirically to exhibit such a distribution.
Here are a few more examples:
80% of a company’s profits come from 20% of its customers.
80% of a company’s complaints come from 20% of its customers.
80% of a company’s profits come from 20% of the time its staff spend.
80% of a company’s sales come from 20% of its products.
80% of a company’s sales are made by 20% of its sales staff.
As you can see, this “rule” can be applied to pretty much everything… look around and you’ll find many more examples.
It’s also why the 80% never make any money at all in network marketing …They give up and quit at the first sign of an obstacle, and making money with that mode of operation is damn near impossible.
So… no matter what you’re personal goals and dreams are… just commit to achieving them, and don’t quit on that dream.
…That’s all it takes to be on the other side of the 80/20 equation.. the 20%.
If you want to know how to be in the top 1%… first be in the top 20%, keep working on YOU… and DON’T QUIT… No matter what!
So Is Everyone Who Quits Something… A “Quitter”?
This is a really important topic, because in the network marketing industry many people toss around the “Q” word as a derogatory term, and although in some cases that’s founded, it’s more often not.
If we’re talking about this from a mature business perspective…
Some People Really Should Quit! …Quit what they are currently doing that is.
There are currently thousands of turn-key home businesses that you can start up today. All of them claim to have the best products, business model, system, pay plan, etc.
However, whether or not a specific home business, product, company or marketing strategy is a good match for you… depends entirely on…
What kind of business do YOU want ?
If you’re like most people, these are your most important 3 requirements…
3 Most Desired Home Business Requirements
1. The ability to work from home (or anywhere).
2. The ability to earn an above-average income.
3. The ability to create a time-freedom lifestyle (have a life, and enjoy it).
Pretty straight forward requirements, right?
The problem is that most people are trying to achieve those 3 things listed above, but are attempting to do it using a business model and marketing methods that take them in a whole different direction from what they really desire.
Most home business opportunities will sell you on the idea of working from home, but the majority of what they then teach you to do involves you going out “prospecting” people to join your business, doing home parties, and attending meetings. While that may certainly be “working out of your home”, it’s not working from home.
In pretty much every network marketing opportunity, you have the ability to earn a high income… but… it’s what you have to do to earn it that most people simply over look. It’s easy to get starry-eyed over car bonuses, vacation spiffs and other fancy incentives… but wouldn’t it make more sense to just get paid a lot more commissions per customer? …When you’re making a lot more, you can easily pay for your own vacations (and go on them when YOU want.)
Probably the most important requirement of all is the ability to create time-freedom. The age-old problem most have is that they either have money and no time, or lots of time, but no money. Every business opportunity in the network marketing space will preach “time-freedom”, but when you understand the model that nearly every one of them use… you quickly see that it doesn’t really create time-freedom.
If you’ve not gotten started yet, or you’re still muddling through the vast chasm of home business information online, here is a great place to start…
This is the home business I recommend if your goal is to achieve the 3 requirements listed above. It took me 20 years to gain what I’ve shared in this post, but only a few months to create freedom once I aligned with this business model.
Click here and let’s get you going! – I’ll contact you on the other side and help you make 2015 your best year… that’s it, PERIOD :)
Thanks for reading , and let me know what you think by commenting below !