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Your Virtual Upline Podcast

183: Why Do Most People Fail in Network Marketing?

Your Virtual Upline Podcast

Bob Heilig

Education, Careers, Self-improvement, Business

4.91.7K Ratings

🗓️ 22 September 2020

⏱️ 31 minutes

🧾️ Download transcript

Summary

How many of you have watched SOOOO many people come and go from their network marketing business?  And like myself, have you started to wonder WHY?

Why do so many people fail in network marketing?

The answer is quite simple -- these people treat network marketing as a HOBBY.

'The Hobbyist' is the overwhelmed, overworked, and underpaid network marketer, trying to 'do it all,' but feeling totally confused, and not able to produce any real, consistent results.

The Hobbyist thinks, 'Let me give this a try and see if it works…'

The hobbyist is not willing to COMMIT to the process of building a business and put in the necessary time and effort in the right activity during the early stages.

Here are some of the main characteristics that describe The Hobbyist:

  • Struggles with recruiting and building a team
  • Fear and overwhelm are their 2 biggest enemies
  • They possess a Sales Mindset in their business
  • Focus most of their time on social media (think it IS their business)
  • Held back by their past, no clear vision for their future
  • Constantly dealing with self-doubt and comparitis
  • Spends too much time consuming training and not enough time taking action

I bet that many of you can identify with AT LEAST 1 of these things. If so, there's a VERY GOOD chance you're stuck in the Hobbyist Role in your business.

How do you get out of The Hobbyist Role that's been keeping you stuck for so long?

You need to make the shift to being a REAL BUSINES OWNER.

And so I'm going to spend this entire episode talking how you can make that shift and finally start thinking and acting like a Real Business Owner.

And when you're done listening to this episode, take your very step towards becoming a REAL BUSINESS OWNER and register for our FREE 4-part LOVE SERVE GROW challenge, kicking off of September 24!

If you have questions, text me at (215) 608-1454, and let me know what do you need help with, what issues are your struggling, and what topics you want me to cover in future episodes.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey Bob here and welcome back to the Your Virtual Upline Podcast where we give Network

0:12.4

marketers the mindset, strategies, and skills that you need

0:17.2

to build a business and life of your dreams.

0:22.4

Hey Bob here, welcome back to the show episode 183 today I would like to make my

0:29.0

argument as to why I believe so many people fail in network marketing.

0:37.2

Maybe you've wondered this.

0:38.6

I know I've spent many, many years of my career

0:42.2

wondering, why does so many people not succeed you know this is

0:45.8

one of the knocks that people that are outside of our profession right the people that

0:50.4

either don't understand or they just want to hate on what we do this is the thing they always point to people that

0:53.0

either don't understand or they just want to hate on what we do.

0:54.0

This is the thing they always point to.

0:55.0

Why does everybody, most people fail?

0:58.0

So I want to actually answer that question or at least give you my answer.

1:01.0

And I think that what I hope this episode does

1:05.1

is really go a long way in terms of building the belief

1:09.4

that you have in offering this gift, this profession, this opportunity to the people that you know.

1:16.7

I suspect that what I'm going to share with you today, a lot of you really need to hear this.

1:22.3

So that's what we're going to dig into.

1:24.1

But listen, before we get into it, I just have to say,

1:27.0

because I am all up in my fields today,

1:30.5

if I'm honest.

...

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