Do you have MLM Depression? Are you suffering from let down and disappointment in your MLM Business? If so, you’re not alone. Lots of folks are unhappy with the results they are getting in their network marketing business.
I think of the term MLM Depression as a slang word for disappointment or frustration. I don’t take it literally to mean that there is a connection between network marketing and actual depression.
Now, I’m not a medical doctor or shrink. And I am not about to give you any medical advice. Instead, my goal today is to help you “overcome” your feeling of despair about your network marketing business. If you are depressed about other things, by all means call up your doctor and get some help!
Depression is defined as “feelings of severe despondency and dejection.” Some common symptoms of depression include:
- Feelings of helplessness
- Loss of interest in daily activities
- Anger or irritability
- Loss of energy
- And much more!
Talk to any 100 network marketers and you will quickly discover that many of them have these symptoms:
- They feel like a failure in their business
- They’ve lost interest in building their business
- They are angry, irritable, or upset
- They beat themselves up for their lack of performance
How do I know this? Because I’ve been there and done that! At one point or another in my career, I have experienced ALL of these things. Fortunately, the feelings didn’t last long. It was just a temporary struggle I had to deal with.
Through the years I learned a few things I could do to eliminate these feelings. My goal today is to share a few of those things with you, so you can feel better about your business.
Dealing with MLM Depression
# 1: Get a Job
MLM is not designed to provide an IMMEDIATE FULL-TIME INCOME. No new business is designed to provide a full-time income, right out the gate, especially if you are just getting started. If you are unemployed, broke or in dire financial straits, go out and find a full-time job or part-time job. Having a job will give you immediate income so you can pay your bills, get rid of the financial pressure, fund your business, and keep your spouse happy.
Going “full time” in MLM right away is normally a huge mistake, because it typically takes a few years to build up a stable, full-time income with ANY TYPE of business.
# 2: Develop a Game Plan for Your Business
The next thing you need to do to help get rid of your MLM Depression is to develop a game-plan for your business. You need a written business plan with a simple strategy and daily action plan that you can follow every single day. Knowing “what” to do is more than half the battle. Having a plan is a great starting point.
# 3: Have Realistic Expectations
I think the biggest cause of MLM Depression is unrealistic expectations. Many folks join network marketing and expect everything to be fast and easy. They have a lottery mentality. They think they can build a profitable and successful business in just a few months, with only a little bit of work.
The truth is, most businesses take three to five years to get up and running smoothly. Yes, you can make money in MLM from your first month, but most people will take six to twelve months just to learn the basics in their business.
The bottom line is you need to have realistic expectations, so you can set yourself up for success right from day one.
I have people call me who have been in the workforce for 20 to 30 years and they are earning $4,000 to $6,000 per month in their job. Keep in mind, many of these folks have a college degree, specialized training AND they have been working their career FULL-TIME for 20 to 30 years. Yet, many of these same folks join our industry, think they can work their network marketing business 5 hours per week (very part-time) and earn the same amount of money as they do in their day job, within their first few months in the business. Folks, these are unrealistic expectations.
# 4: Take Massive Action
Several years ago I read a book called “The Magic of Thinking Big” by Dr. David Schwarz. I love this book. One statement from the book really had a profound impact on me. His statement was “action cures fear!” In other words, when we take action our fear goes away. Taking action is the best way to cure your fears.
If you are overwhelmed and have fears and anxiety about your network marketing business, do something today to grow your business. Take action. Heck, take massive action. You will quickly discover that your fears will start to go away once you get to work!
What you’re going to want to do is set up a 90-day challenge where you push just as hard and fast as you can to see where you can go and what you can become.
If you’re willing to just give this a test for 90 days – three months, and that’s all – you’ll find that your entire life changes almost from the instant that you make this decision.
What you’re going to do is push and push and push just as fast and as hard as you possibly can for these 90 days, seeing just how much moment your able to generate from all of the success that will come your way.
The crazy thing about this is that you’ll be able to notice things changing around you and for you, almost as though you’re finally seeing the Matrix for what it really is. It’s a wild ride, it’s absolutely life-changing and life-altering – and you (and your bank account) will literally never be the same again. ~ Source: NateLeung
# 5: Personal Development
Work on your personal development. As Jim Rohn once said, “for things to get better you have to get better.” I agree. Make it a point every day to spend at least twenty or thirty minutes reading a self-help or business book. Listen to some audio training programs. Watch a few inspiring videos. Hang around other winners in your organization.
Work on your self-image and attitude. Not only will you feel better about yourself, but it will also help you grow your business.
# 6: Talk with a Mentor
Your upline is there to help you. All you have to do is give them a call and ask for help. Any time you are feeling down or frustrated about your business, call your upline mentor. Share your questions, concerns or frustrations with them. Get answers to your questions. In many cases, they can provide you some concrete ideas to move your business forward and give you the reassurance you need.
A good mentor, on the other hand, can mean the difference between success and the frustration of failure when working your home based business. What do I mean by this? Well, a mentor can teach you the ropes so that you do not experience the same mistakes and fall backs that they themselves experienced, thus shortening your learning curve and reducing great frustrations.
To find a good mentor you should determine where you would like to be in one to three years in your home based business. Would you like to be making $5,000 a month? Then find a mentor that has been working the business full time and is currently earning a consistent recurring income of $5,000 to $10,000 per month. These elements are crucial in matching you up with someone whom you can respect, trust, and accept quality coaching.
I would also recommend that you find someone who has created their success with just one company versus moving from company to company. Consistency is imperative for you to learn and persist in the business. Classically you want someone who will lead you by saying do as I do and do as I say. You must be willing to trust and accept this coaching. ~ Source: MLM.com
# 7: Detach Your Emotions
One of my biggest challenges in the early years of my network marketing career was that I was an emotional roller coaster. My emotions were dictated by what my prospect said or did. If someone joined my team, I was excited. If someone said no or quit, I was devastated.
Eventually, I learned to detach my emotions from things I could not control. Instead of worrying about what my prospects said or did, I realized the only thing I could control was my actions and output. So I stopped worrying about my prospect and shifted my efforts to focusing on my activities. You should do the same thing.
In summary, MLM Depression is a slang word for disappointment or frustration in your business. If you’ve got symptoms of MLM Depression, do something about it! Follow any of the seven tips mentioned above to “snap out of it” and move your business forward.
On the other hand, if you think you have regular “depression” please consult with a trained medical professional to get the help you need.
What are your thoughts? What do you think about MLM Depression? Leave a comment below to let me know what you think. I look forward to hearing from you.
Disclaimer: I am not a doctor. This article is for educational purposes only. If you suffer from depression, or think you do, please consult with a doctor and get help.