Thursday, June 4, 2009

7 Reasons you Will Not Make Money in MLM this Year

The Top 7 Reasons Why You WON’T Make Money In MLM This Year

There are a lot of reasons why people fail in a home based business. And more often than not the reason why they fail has absolutely nothing to do with the company or the product. There are a few simple mistakes people can make that will stop them from making the money they deserve this year in their home based business. Here are the top 7 reasons why you won’t make money in MLM this year.

7. You’re too hard on yourself

Nobody is perfect and nobody knows every thing about everything when it comes to the product the compensation plan or the company history. So often we are just too stinking hard on ourselves. Give yourself a little wiggle room and understand that no one is perfect so when we screw up or don’t know the answer to something it doesn’t make us stupid it just makes us human.

6. You’re scared of the internet

If you’re reading this article chances are you at least know your way around the internet somewhat. However, so many people are scared to death to get online and that’s holding their business back. It’s the new millennium and everyone should be doing their business online!

5. You won’t set goals

If you want to accomplish anything in life you have to have goals. So if you’re not setting goals you’re not going to get very far. Write them down and know them well, they’ll help you through the tough times.

4. You’re wasting your money

You don’t have to buy expensive lists of leads or spend a lot of money on a newspaper ad to be successful. Some of the best prospects come from the internet and best of all they’re 100% free!

3. You’re keeping your business a secret

If you have a business you should be sharing it! Friends, family, and anyone else you know should be the first people you tell. Don’t be ashamed of what you’re doing. There is nothing shameful about trying to live a better life!

2. You’re no working enough

Just because you work part time from home doesn’t mean you shouldn’t work plenty of hours every week. 1 or 2 hours a week isn’t going to be enough to get you to your goals. At least not anytime soon. You should be working at least 15-20 hours every week and more if you want to get there faster!

1. You’re not fully committing

If you treat this like a hobby you’ll never make the kind of money that you could. You HAVE to treat your business like a business to see real results and you have to commit 100% to the system. Halfway just won’t cut it!

Improve yourself; Improve your business

Most people who are in a home based business are looking and searching for a way to take their business to the next level. If you want to do that you need look no further than looking at yourself. When you improve yourself you’ll totally be able to improve your business almost overnight.

It’s not always easy but it’s always worth it. Improving yourself doesn’t mean that there’s something wrong with you or that you aren’t good at what you’re doing. But people should constantly be improving themselves if they want to continue to grow in their business.

So what are some ways that you can improve upon yourself? Maybe you need a boost in confidence. Many people do and when you bring your confidence to the next level your business won’t be able to stop it’s self from growing. Some people need to learn how to listen better or take direction.

Still others need to stop procrastinating. Whatever it is that you want to work on there are probably a ton of websites that you can visit for free or books and ebooks that you can purchase that will help you get where you want to go.

Try not to focus on improving 5 different things at once just work on one at a time and when you feel that you’ve mastered one move on to the other. Also, don’t just read a book and then forget about it. Really try to learn and retain what you’ve read and use it in your everyday life as well as your business.

You can also read a ton of books on how to be successful in business although, honestly most people need to be less focus on their business skills and more focused on their life skills.

Once you start to see an improvement in yourself an improvement in your check is soon to follow. So take a good hard look at yourself and start working to make yourself a better person because when you do you’ll see a whole lot more success in your home based business.