452: The #1 Reason Why People Fail in Network Marketing

Your Virtual Upline Podcast

Bob Heilig

Careers, Business, Education, Self-improvement

4.9 • 1.7K Ratings

🗓️ 20 November 2024

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Feeling stuck or frustrated in your network marketing business? Watching your team struggle and wondering if you’re doing something wrong? You’re not alone. I recently had a conversation with a past client, friend, and fellow leader who’s been feeling the exact same way.

In this episode, I’m diving into a problem that’s plaguing in our industry: mismanaged expectations.

We have a lot of unrealistic expectations, which are often fueled by hype marketing like I talked about in the last episode. When we measure our success by the wrong metrics or fail to celebrate the progress we have made, we risk burning out or even walking away from the dreams God placed on our hearts.

But here’s the truth: the fact that you’re still here—listening, showing up, and leading—means you’re already successful.

It’s time to have some tough but necessary conversations about what needs to change in our industry and within ourselves. I truly believe the best days for network marketing—and for you—are ahead. Let’s face these challenges together and build something extraordinary.

Listen to Learn

3:29 - Why mismanaged expectations is so dangerous and the group of people in our industry that it impacts the most

4:16 - The role that social media and the pandemic have played in these issues becoming more prevalent

8:29 - A simple reframe you can make in the areas of your business and metrics that you are paying attention to

10:21 - A special ask for you regarding how you can support this podcast and its message

11:04 - What we’re doing as a company to change the conversation being had around success

12:49 - Specific actions you can take right now with your team and why doing this is your responsibility as a leader

14:18 - What setting expectations looks like in practice and the advice my mentor told me starting out that still resonates with me today

16:54 - Why I feel that these conversations aren’t happening and what we can do to change this

451: Are You Marketing Your Business With Heart or Hype?

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Transcript

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0:00.0	Hey, Bob here and welcome back to the Your Virtual Upline podcast, where we give
0:12.2	network marketers the mindset, strategies, and skills that you need to build the business
0:18.2	and life of your dreams.
0:23.6	Hey, Bob here.
0:24.9	Welcome back to the show, episode 452.
0:28.7	Today, I'm going to share with you, in my opinion, what the number one reason why people fail in the network marketing and social selling space today.
0:40.4	The inspiration for today's episode came from a conversation that I had with a past client
0:48.1	friend leader on Instagram through DMs.
0:52.1	She reached out to me feeling pretty frustrated about what she was seeing happening in her business and her team.
0:58.0	And it really sparked an idea.
1:00.6	I said, I need to really talk about this.
1:02.4	And I'll share with you up front.
1:03.6	Here's the number one reason why people fail.
1:06.2	Mismanaged expectations, right?
1:09.2	They're expectations of what they think they should be achieving or have in their
1:15.4	business doesn't match what they actually have. This has always been the number one reason why people
1:24.8	fail. Like no matter what you do, it's just never good enough.
1:30.1	This leads us down a path that becomes very damaging. And I'm going to tell you why I'm seeing
1:35.6	this pop up more today than I ever have. It's what's happening in the marketplace, right?
1:43.0	There are so many people that have changed companies over the last two to three years because
1:49.9	of all that we've seen happen and everything that's going on, that this is particularly
1:55.6	damaging to those people, right?
	...

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