11 REASONS WHY PEOPLE FAIL IN NETWORK MARKETING

 REASONS WHY PEOPLE FAIL IN NETWORK MARKETING

Multi-level marketing has been adjudged as one of the most exciting trends in business today. A business offering more opportunity for wealth to hundreds of thousands people globally than any form of business. Forbes Magazine has it that, one of the best platform to retire on is in the MLM industry. MLM has gained respectability over the years, seen to be the great economic leveler. The bottom line on MLM is that it works. The concept is so simple that many intelligent people find it difficult to accept and wind up considering it a fraud or scam. However simple it is, it’s also not easy succeeding in it. In this post, i highlighted some points where so many people have failed to have a breakthrough in this business.

1. Not taking it as a business – So many people fail in this industry because they regard it as one of those MLM stuff without putting so much interest in it. Unfortunately many people are jumping on the MLM movement without the remotest idea of what they are getting themselves involved in. People who make it in multilevel must put in great effort, energy, time, investment and concentration to build their organization

2. Lack of self-development – Without self -development in this industry, you will be perceived as just another marketer preaching the same gospel. To be distinctive, you need to horn your skills and by so doing. It requires your attending lots of conferences and big events outside your company’s planned events. We all can go to the internet and read articles, but it’s important that having a mix in the midst of renown personalities who have been in the game for years will change your orientation about the business and industry. Meeting people with diverse cultures and background will help you greatly to be successful. Immerse yourself by regularly buying lots of books and attend lots of seminars. Most importantly, see yourself in a better situation than you are currently in without justifying where you are. Learn to train yourself.

3. No basic knowledge – Most people venture into an organizations without having proper knowledge about the company and management they are hopping into. This is very crucial as past experiences have hurt a lot of individuals which has made newbies have the wrong perspective about the industry as a whole. Do a proper research on the company you are considering venturing into. Don’t be pressured into becoming a distributor by people who want to sponsor you. Consider the product line of this company. Do they have products that will sell itself? Health products are one of the fast selling products so consider towing that line. Have a background check on the financial backing of the company you are about to join. Do they have financial investors backing them? This is a major factor and it is a major reason why MLM companies fail. Most importantly is the top management of the company, their background. How long have they been involved in MLM? How successful have they been? The company you want to join should be a young, progressive one as this is where the real ground floor opportunities do exist. The earlier you get involved, the greater are your chances of becoming wealthy.

4.  Bickering – I tend to admire colleagues that have no jealousy of other colleagues, an attitude as rare as a bar mitzvah on the west bank. Animosity is a disease eating deep among human beings and this has been playing out among MLMers. When it seems a leader has decided to move on to another company or probably doing so well in the same organization as yours, the hate syndrome brews like a venom. Until you learn to dissipate these traits, you will have a brick wall as an obstacle to success. Learn to build healthy relationship as this is a fulcrum to having a solid team and a display of leadership quality. Brain Tracy once said and I quote “give credit to those deserve it and see amazing results in return.

5. Fear of Failure – How well can you succeed in life when you can’t or don’t take risk? People have been hurt by companies that have made promises or assumed leaders bringing in new prospects into their organization and at the tail end no tangible result. But that is not enough to entirely abolish taking another shot in the industry. As hard as it may look, network marketing business has changed a lot of lives with zero skills, no basic education and from rags to riches.

6.  Instability – If you are new to this industry, my candid advice is that you stay put in that company long term. One of the worst things new MLMers do is their penchant to be distributors in several companies at the same time. By so doing, you are virtually loosing primary focus of your concentration.

7 7  Not enough strong personality – The biggest and most important factor that you bring to your MLM business is YOU- your personality, your knowledge of the company and product plus your enthusiasm and desire to be a winner. The ability to be strong mentally when the chips are down, when the prospects you expected to join do not eventually join, when there are delays in orders, leadership qualities. How well can you manage your organization when under pressure? Having a personal branding mentality is also very key if you want to succeed in the business of MLM. These factors are essential.

    8. Laziness – The moment you get on board the system, the excitement is all buzzing and here lies the notion that you are going to hit the ground running with great expectations, the first two weeks is all cool and when it gets into the first three months, reality check begins to stare in the face that this isn’t what you signed up for, you begin to lose steam and momentum, thus coming up with excuses that family and friends have been proving difficult in joining you in this massive opportunity. No good deed comes easy. If you are willing to do more than you are paid to do, eventually you will be paid more to do more than you do.

    9 .Taking the offer straight to the customer – It’s a regular norm to see people doing same thing time after time after, introducing the company’s product to every persons to buy or join their company. Wrong! The social media platform is filled with such and when someone sees such scheme, they tend to run way from individuals who come with such punchline. Question is how often have you been building relationship and trust on these social media platforms? Are you patient enough to build these relationships? To generate leads, you must learn how to be a problem solver. Offer solutions freely as many times as possible so people can in turn trust and want to do business with you.

  10. Lacking Persistence – Expecting quick return on Investment is one of the bane most network marketers face. This is not a get rich quick business as it requires patience, consistency and being persistent in reaching the top level. Until you stop focusing on the money you need and rather focus on who you want to become, you won’t go far in this business. All progress takes place outside the comfort zone.

   11. Applying the wrong approach. – If you want to get results that are not typical, do things that are not typical. You can never enjoy the business if your mindset is to get a potential customer who wants to put so much money to invest. You only enjoy the proceeds one off and thereafter attain a particular rank in your organization, but what happens after that? The essence is to build a team that will see you continuously earn residual income with ease for years to come. The adverse effect of such approach of having an investor(especially when the person is a NOVICE in the business) is that you have products stashed in your store house and waiting to be disposed as soon as possible in other recover his/her investment. This gives room to frustration and the need to sell at a cost lower than cost price. You don’t build a house on a foundation of sand. Build on your serving others with the right approach so that the concept can be duplicable.

Multi-level marketing is not and can never be for everyone, just like so many other businesses can’t be for everyone. So, before committing yourself, do a groundbreaking home work to decide if the business is for you. If at the tail end, you have properly analyzed all the pros and cons, then get your personal list, your goal sheet and all the drive and momentum you have and go for it pronto! Wishing you all the best. 

LIFE TRANSFORMATION WITH RAIN INTERNATIONAL

Rain International, is a fast growing global company and a first of its kind to focus on seed nutrition has been making a mark in the wellness industry with its unique products. What stands Rain Int'l out is not just the caliber of astute individuals that make up the management, but the state of the art working tools made available for people who desire to be independent partners with the company to work with. The philosophy of this company is to help noble men and women around the world become more, desire more and achieve more leaving an indelible mark on the world map. Rain raises the world's vision about what nutrition should be: all natural, straight from the source "SEED". A major focal point is that Rain champions individuals and communities worldwide to raise their vision of themselves, because "we believe that we become more of what we dream about"

World leader in seed nutrition, the efficacy of the products is second to none dousing every odd to remain top notch and most importantly, taking the natural goodness of mother Nature and infused a seed nutrient rich properties into unique products formulated to provide maximum health and healing. Only the most powerful seeds have been selected then naturally enhanced in a unique cold-press process.

One of the company's product....Rain Soul combines the incredible beneficial and energy providing nutrients found within the black cumin seed, black raspberry seed, chardonnay grape seed, and D-ribose, into one awesome mouth watering 2-ounce packet. With Rain Soul you'll have:

• More Energy
• Neutralize Free Radicals
• Immunity support
• Better Sleep
• More Effective Weight Loss
• Helps fight Joint Pains, Asthma and Inflammation
• And much more

Rain's product have been scientifically crafted for maximum benefit, containing the best selection of anti-oxidant packed seeds. Filled with natures concentrated goodness-seeds contain the most concentrated naturally occurring vitamins and minerals found in plants.

The exponential growth of Rain International cannot be underestimated, with it's presence in 20 countries and counting in just 4 years of its existence speaks volume of their drive to attain greater heights in the world. It is no surprising that a set goal of $400M annual turnover in the next 4years is underway and there is no doubt that this will be achieved. Having made an in road into the African Market adjudged to be the "Next Big Thing' with the recent prelaunch in Nigeria, a bold statement has been made with great leaders emerging everyday with tremendous testimonials and sales. Rain International believes in a lot of things and one of such positives is Sustainability, sustainability for the earth and self-sufficiency for the people and that is why they have created a non profit organization proudly known as SEED FOR CHANGE FOUNDATION, which supplies portable water via wells for villages around the world and the seeds and the tools to grow their own food.

Business wise, what stands out Rain is its niche to create more customer protections and benefits by building a new compensation plan that pays partners generous commissions for direct sales and motivates them to recruit talented and dedicated partners to the RAIN TEAM

For more information about Rain International and how to Join in becoming a Rain Partner or purchase the product, log on to www.myrainlife.com/wilfredobi

 

5 Reasons Why you Invest in Gold

Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about 300 years later. Throughout the centuries, people have continued to hold gold for various reasons. Below are eight reasons to own gold today.

Gold is money and money is a currency.

Thus gold is a form of currency, its acceptance in 194 countries, is of this world.

Many people know the importance and hedging of treasury assets in gold in recent decades has been lost. Without gold, there would be no money, because when they started to trade in gold, it was deposited in banks and evidence was obtained as a receipt for the amount of the stock. These were the first unofficial banknotes of the world. The trading of bank notes was thus born, and quickly recognized banks, such that gold deposited banknotes were playing an increasingly important role in society, and soon led the first official notes have been deposited with the gold one.

Here under are 5 Reasons why you should start tilting towards investing in Gold, not just any Gold but Karatbars Gold.

1. InflationGold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases. Since World War II, the five years in which U.S. inflation was at its highest were 1946, 1974, 1975, 1979 and 1980 (as of 2012). During those five years, the average real return on the Dow Jones industrial average was -12.33%, compared to 130.4% for gold.

2. Geopolitical Uncertainty 

Gold retains its value not only in times of financial uncertainty, but in times of geopolitical uncertainty. It is often called the "crisis commodity," because people flee to its relative safety when world tensions rise; during such times, it often outperforms other investments. For example, gold prices experienced some major price movements this year in response to the crisis occurring in the European Union. Its price often rises the most when confidence in government is low. This indicates the stability of Gold during crisis.

3. Global demand for Gold is higher than that of supply. This goes to prove the importance of this commodity in the world. Demand for gold has also grown among investors. Many are beginning to see commodities, particularly gold, as an investment class into which funds should be allocated. In fact, SPDR Gold Trust, became one of the largest ETFs in the U.S., as well as one of the world's largest holders of gold bullion in 2008, only four years after its inception.

4. Portfolio Diversification

The key to diversification is finding investments that are not closely correlated to one another; gold has historically had a negative correlation to stocks and other financial instruments. Recent history bears this out:

• The 1970s was great for gold, but terrible for stocks.
• The 1980s and 1990s were wonderful for stocks, but horrible for gold.
• 2008 saw stocks drop substantially as consumers migrated to gold.

Properly diversified investors combine gold with stocks and bonds in a portfolio to reduce the overall volatility and risk.

5. Gold is and will remain unimpaired, as the limited resources are not reproducible.

Why Karatbars Gold:

Karatbars GmbH gold bars are characterized by both easily recognized premium quality and highly skilled craftsmanship. We pride ourselves in working only with gold refineries that are listed under the “London Good Delivery”.

All Karatbars 1 gram Gold bars are:

1. Certificated and laminated with UV protective film.
2. Stamped with a valid trademark.

Karatbars goldbars guarantee value stability and serve as a means of financial security in tough economic times. They can also be used as a method of payment and means of exchange.

Even in times of strong financial and economic independence, it is always important to buy small units of our Karatbars 1 gram bullion in order to secure your own future capital.

This link below explains everything you need to know about Karatbars and why investing in it is the best thing ever as an entrepreneur and investor.

http://bit.ly/1MNk8dT

5 Success Tips we can learm from Floyd Mayweather

Floyd Mayweather’s rags to riches story is one we should admire.

Born and raised in Grand Rapids, Michigan, Mayweather had to overcome many obstacles to earn the right to where he is today, an undefeated world champion in Boxing; from witnessing his dad supplying drugs to his mother, clearly robbed at the 96 Olympics to having numerous criminal convictions. Best way to describe him is as:

Floyd: “Hardwork!”

Entourage: “Dedication!”

From his artistic jump rope routine, sharp punches on the speed bag to his renowned mitt work with his Uncle Roger. Floyd Mayweather is arguably one of the best athlete’s in the world. Love him or loathe him, the numbers don’t lie. According to Forbes Magazine, Floyd topped ‘The World’s Top 20Highest-Paid Athletes’ in 2014, beating the likes of Christiano Ronaldo (Spanish Football), Lebron James (Basketball), Roger Federer (Tennis), without the advantage of representing a mainstream sport and sponsorships.

Many great boxers have tried to unlock the blueprint to annihilate the self proclaimed ‘TBE’ (The Best Ever). All 47 have failed. A smart boxing practitioner, Floyd has proven time and time again, he can always adapt to his opponent by displaying his skillful defense, followed by vigorous counter punching.

5 Success Principles We Can Learn From The Champ:

1. MASTERY

Dominating the sport of boxing for over 15 years takes some serious delayed gratification. From a very young age, Mayweather had consistently made choices which limits the ability of getting something quick, for the path of being able to achieve something bigger and better. Backed by his desirable work ethics as though he never gets tired, he can spend the early unpredictable hours in a fitness gym, before tearing down the heavy bag with over 10,000 punches the following day. ‘Do you think I gave up my whole life just to say there’s someone better than me out there? Absolutely not.’ – Floyd Mayweather

To attain the craft of mastery requires staying focused and consistent to what you truly believe in. It takes years of perfection to be seen as an overnight celebrity. When you are good at what you do, no one will know how long it took you to get to that level. Mastery sets you apart from wannabes and puts you in the realm of authority. Never too late to horn your skills and achieve greatness.

2. Self Resilience

Mayweather picked up a bronze medal at the 96 Olympics in Atlanta, after a controversial loss against a Bulgarian boxer, Serafim Todorov. Also at the beginning of his professional career, he was without his trainer and father Floyd Mayweather Senior who was imprisoned for drug trafficking. Many obstacles could off halted the champ’s success, yet he managed to come out on top. Although known to have a ‘big mouth’, Floyd never fails to back it up from setting the three biggest non-heavyweight pay-per-view events in the sport’s history to defeating undefeated champions (at the time), most notably Ricky Hatton.

Mayweather Vs Hatton fight:

In one interview, a subject was brought up about his unfair demands before inking a fighting deal. Without hesitating, Mayweather spilled out a reminder on how he (as the underdog) respected whatever Oscar De La Hoya requested before their match up back in 06.

You need to be able to pick up the pieces no matter the challenges and pull through. Just like the great Lao-Tse said 'He who gains victory over men is strong, but he who gains a victory over himself is all powerful. No one can make you feel inferior without your consent.

3. GRATITUDE

On camera, Mayweather never forgets to mention how thankful he is to God, family and friends, and acknowledges his success all comes down to his loyal team. Run a search on a lot of other boxers today, and you’ll likely find the amount of trainers, hand wrap specialists, strength and condition coaches they’ve dumped and moved on from over the years.

“Acknowledging the good that you already have in your life is the foundation for all abundance.” – Eckhart Tolle

Although he may be the celebrity in the camp, Floyd is open to invest time and money for his people, if they’re up for exploring entrepreneurial opportunities in their own rights.

An Egyptian proverbs says “Health is a crown on a well man’s head, but no one appreciates it like a sick man”. Learn to be grateful every time to all things given to you.

4. FREEDOM

A man brought up with the love of money, influenced by his father who used to bring home hard chunks of cash from street dealing, Mayweather is never shy of exposing his daily spendings and wins from gambling. However, being smarter with his investmens, he’s aware of the amount of boxers and other athletes out there who eventually become broke, even after earning over 8 figures in their sport.

He broke the rules. Deciding he no longer wanted to have someone above him making the decisions, he left Top Rank and started up his own company, Mayweather Promotions. 

A risk many boxers wouldn’t dare to step in, Floyd hired a smart businessman (Al Hayman) to plan out strategic moves. Thankfully it’s paid off. Every fight announced, Mayweather is in control of the finance. He takes 100% of the revenue, continues to build a reputation for his promotions and he is even in charge of paying his opponent. From this, he’s managed to leverage and monetise his ever-growing business portfolio (Filthy Rich music records & The Money Team clothing).

My take -It’s important that we leverage on opportunities that come our way and take advantage of it and as entrepreneurs, re-investing into other businesses will pave way for more financial freedom. Longevity, strategic alliance with credible business partners and having an introspective perception will be an indication of the progression in the business world.

 5. Law of Attraction

What you attract is what you get in life. The visualization and the conception of the images is what translates in your life. The intention was never to seek external validation. Floyd’s successful career attracted Hollywood actors, rock stars and billionaires…most notably, Warren Buffett, the richest investor in the world who visited the Mayweather gym in Vegas.

It’s not a surprise these days to see an A-list actor like Eddie Murphy show up just to catch a glimpse of the champ working his craft. For once, it’s a great chance for celebrities to be out of the lime out. It’s not bragging and boasting, the proof is in the pudding.

I am sure there is  a lot of lesson we can learn from these success tips.

WHY YOU NEED TO EVOLVE AS AN ENTREPRENEUR: Why you need to Evolve as an Entrepreneur.

WHY YOU NEED TO EVOLVE AS AN ENTREPRENEUR: Why you need to Evolve as an Entrepreneur.: Entrepreneurs are becoming the next big thing. The world is changing because of these budding men and women who have taken it upon themselve...

Why you need to Evolve as an Entrepreneur.

Entrepreneurs are becoming the next big thing. The world is changing because of these budding men and women who have taken it upon themselves to change the business world bringing to the fore creativity and innovation taking various businesses to whole new level from start ups. It is encouraging to know the amount of effort, time and money to ensure their passion for what they love comes to fruition. 

Entrepreneurs bring ideas to life, drive economic growth and most importantly expand human welfare. Some of the advantages being enjoyed as an entrepreneur is that:

1. Working your own schedule. "Being your own boss" literally affords you the opportunity to schedule your own time with flair without the hassles of being under pressure

2. Becoming an entrepreneur affords you the luxury to choose the people to work and partner with. As your own boss, you tend to create your own opportunities by attending events/conventions,  networking to meet with like minds and connect with them. This helps to bolster healthy relationship in your niche and business.

3. Entrepreneurs are problem solvers. Your credibility as a leader and role model draws people to you. By giving out values, helping people through stringent hurdles will give you success. This is a way of creating a huge fan base that will in turn become loyal customers. It's no brainer that people will always associate with individuals that will help them. I'd rather list out 5 things you should know before buying a 4 bedroom duplex than give you a 30% discount on the price of a 4 bedroom duplex, and that's because, you may end up paying more to get the house to your taste with so much repairs. I don't think you will want the latter.

4. Stand Up for What You Believe In
Being an entrepreneur also gives you the chance to stand up for what you believe in, and spread the word. 

As entrepreneurs, we are always analyzing the state of the world, examining the larger stories that are playing out on a macro/global level. While we strive to make sense of these big-picture stories, we are also searching for the places out personal strengths and passions can make a larger impact on the world. We make the most difference when we find where the intersection point of the thing that makes us feel alive also lines up with the bigger story, allowing us to improve society in some meaningful way. I love the entrepreneurial lifestyle that it brings, consistency can only make you be recognized for your good deeds and services that you render. The world needs more resourceful people in this mold and make it a better place.

Byron Belka on the grand launch of the Nigeria Market.