MyNetworkingPro Review
And yet, many new network marketers get started with a shoestring budget, using money they didn't have in the first place to get started in business. Eventually the juggling act of keeping their business alive using the rent/electric/phone bill money wears thin, and your left with a negative, frustrated person who believes network marketing just doesn't work.Lead Terran Capital Review Poverty - Rule #1 of the standard network marketing operating manual clearly states that any new distributor in the industry MUST begin by making a list of every person they know, and have ever known, and ever will know. Many Team Beachbody coaches teach this same tactic in their business.I do believe that there is a way to target people within your warm market who might be interested in Beachbody, and approach them in a way that will allow you to still be invited to family functions. However, the bottom line is that not only are you soliciting people who may or may not be interested in being a Beachbody coach, but this list will eventually run out.
Since many have not learned how to advance their expansion efforts beyond the level of warm market prospecting and cold calling, they get frustrated with their Beachbody business, and quit in much the same manner as those with no cashflow.Inadequate Systems - Home meetings can be cool. So can hotel meetings. Three way calls can do a ton to assist the growth of your Beachbody team. Large conferences can be life changing events, packed with value. There's no problem with building a Beachbody business using these methods IF you got in business to replace your job with another, much higher paying one.But if you saw the opportunity to create a walkaway income that Beachbody provides, and you like it, this method of building your business will NEVER allow you to do that.Attrition - as an industry, network marketing has about a 12 - 15% retention rate annually.In other words, if you sponsor 100 Beachbody coaches in 2010, you can generally expect that 12 - 15 of them will still be with you in 2011. Seems very depressing, but their are many ways to firewall your personal Team Beachbody business against such heavy attrition rates.
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