7 Myths That Are Stopping Your Success In Network Marketing

1.The more programs your in, the more money you make! Some people join upwards of 8 affiliate marketing programs with the thought that the more programs they are in, the more money they will make. This is known as the “opportunity junkie syndrome“. This is not the case at all, in fact it is far from it. The real key to doubling you income in less time is focus! Join up with a few renowned affiliate programs and focus you attention on these programs. Don’t go and join 10 and spread your attention on each one because it will spread thin. You need to build a long term organisation. This isn’t going to happen overnight hence the need for focus and diligence. Think of it like this: A young child uses a magnifying glass to create fire from the sun. This is only able to be achieved because the child is focusing the suns energy on the one point.


Think of the winning edge theory. People only have to be a little bit more successful than their competitors and they have crossed the line in first place. You can’t do this when you are trying to manage and promote more programs than you have fingers and toes. Stick to your select few and you will find success!


2.All you need to do is buy leads! One of the most important things you will need to do to make your internet marketing business successful is to learn how to generate leads. This is the best proven way to generate income in the present affiliate marketing arena. People who built their home business by having hotel room meetings and lengthy phone conversations may not necessarily be able to generate the same amount of success in internet marketing because times have changed! There is a big difference in the quality of leads you buy and leads you generate. You don’t want to buy leads from someone else because the leads you generate yourself are brought in by the right type of advertising!


A lot of the time your leads will be generated by real time searcher’s looking for what you have to offer. You need to find someone who can teach you this skill! If I didn’t know how, I would pay $1000’s for someone to teach me this skill. That is how important it is to your success that you master lead generation.


3.All you need is one good marketing avenue! Most people focus on one form of marketing and this is a loosing strategy. That is like putting all your eggs in one basket…then someone runs over it with a steam roller. What if you focus all your marketing on search engine optimisation and suddenly the major search engines change the way they index sites? Your up the creek with no paddle…and a crocodile is after you as well…that’s how detrimental only using one marketing tool is. When it comes to marketing, you want to cast the net as wide as possible! You always want to be looking at new marketing avenues. Look at what’s changing, anywhere that’s changing, there is opportunity. You need to diversify. Using different marketing techniques will bring you more traffic, generating new leads!


You want to have 3-5 marketing techniques working for you at once. Some examples are: Pay per click advertising, Search engine optimisation (articles, Forums), funded proposals, job sites, magazine/newspaper advertising and ezines. These can all work for you 24/7 and are inexpensive if you know how to use them!


4.Who you join with doesn’t matter! People teach you what they know, they cannot teach you more than that, but they can certainly teach you less. You need to join an experienced mentor. Your mentor can teach you everything you need to know to get started and provide continual training and help when needed. Remember, working from home can sometimes get lonely, so working with a great team will help keep you motivated. There are a lot of people out there who claim to be “great sales people”. When you join up with them you get a welcome letter then they drop off the face of the planet and you cant contact them, they leave you out in the cold, because all they wanted was your money or your name on their opt-in e-mail list. It is so important to make sure that you trust who ever you are doing business with.


Build your team and make it great! Your mentor and this umbrella team will build your business! Within your team you will find new leaders who will help you. This is a long term focus. It is going to take time. It is easy to see when someone doesn’t have the patience required for this line of work. They will be in multiple programs, swapping week by week waiting for the money to make itself.


Those people are so spread out trying to market all their opportunities that they neglect to spend any time building their team. Internet marketing is all about duplication. Building your team will create more income for you. When you give the right support to your team this creates massive sales duplication. Create training for your team. Have articles like this ready in a training package to send to them. Your team needs to be confident that you are going to teach them how to be successful. Now, not everyone will duplicate, but those committed to this business will duplicate.


5.You don’t need leadership to win big! You absolutely do need leadership. In order to make the large amounts of income you see the heavy hitters earning, you must be a leader, or at least be perceived as one. Here’s a tip, be constantly investing in your personal development! When push comes to shove, you can only do as well as you can see yourself doing. Keep moving forward, be the leader, lead by example.


You need to build your self esteem. How you feel about yourself and how you think you will go in the internet marketing industry will directly reflect in your results. The bottom line is, never give up on a business. When you do this you are giving up on yourself and what do you think this does to your self esteem? It goes into a downward spiral and is very hard to get back again. If you think that its not worth investing in yourself or that you don’t need personal development you are not going to succeed in building a massive multi-income online marketing business.


Creating leaders! Leaders are born, not made. Some people are just not cut out to be their own boss. When you find a leader they already have the potential to succeed installed within them. All you have to do is drag it out so they can see it. Look at your team and see who has the potential. Put them to the test! One of the ways you can do this is by giving them more responsibility. Here you can see the real need for the team infrastructure. As the right people get more responsibility they become more successful and make more money. They become a direct reflection of the leader that taught them.


6.Money is your greatest resource! Most people think that money is your greatest resource but this is far from true. Time is your greatest resource. Make the time first to talk to your new prospects. The general rule is 80% on your own business then 20% on your team members business, because if your not filling your pipeline with new people, your going to loose momentum. One of the biggest problems is when someone starts earning a bit of money, they go into managing mode instead of marketing mode. This is when people start branching off into different companies to try and get more sales, when all they need to do is focus back on their business and help their team, not do it for them.


7.If the business is good, it doesn’t matter what level you come in at! Biggest mistake. You have to know where to start. Wealth is just about positioning, being in the right place at the right time. If you have the “ill see what happens” attitude you will go no where. You need the “ill succeed no matter what” attitude.


No matter what business your in, make a decision that you are going to come out on top!


Thomas Wallace is the sole owner of Profit-Earners.com and he devotes his time and resources to helping people achieve success in the internet marketing business. To get your own internet marketing website in 3 easy steps, completely free visitProfit-Earners.com
Otherwise you can send him an e-mail at support@profit-earners.com