Most people who get involved with network marketing have never owned a business before, As a result, many of these folks are SHORT-TERM thinkers.
They’re accustomed to looking toward ‘the next payday’ or the ‘first of the month.’
In addition, they’re used to trading hours for dollars.
When it comes to building a successful business of any type, you need to think long-term.
Yes, you need to take daily action to build your business every day, but you have to realize that Rome wasn’t built in a day.
I’ve personally known, studied and interviewed hundreds of successful entrepreneurs (in a variety of industries) and most of them told me it took them a FEW YEARS to build a profitable and successful, SUSTAINABLE business.
Some made a profit in their first year.
Yet, none of these entrepreneurs gave up after 60 or 90 days!
They kept pressing forward, following their vision.
That’s exactly what you need to do.
If you want to succeed in MLM, you need to think long-term with your MLM Business.
What do I mean by that?
First and foremost, you should commit to your business for a minimum of TWO YEARS before you ever second guess yourself or question what you are doing.
Two years is the minimum and five years is much better.
If you quit before that, you never even gave yourself a fair chance.
After you make that commitment, you need to set some clear, attainable goals and write them down on paper.
It’s good to share these goals with your spouse, mentor or sponsor.
Once you have goals you need to create an action plan that shows you what you need to do each day to reach your goals.
This is where you business mentor or successful upline can really help you out.
From there you must have the DISCIPLINE and PERSEVERANCE to follow through.
This is hands down where most network marketers struggle.
Finally, you must have realistic expectations. Your first year should be committed to learning the ropes about sales, marketing, leadership, your company’s products and the MLM Industry.
Yes, you should have a mentor and take some courses (and read some books) on these subjects, but hands down the best way to learn is to roll up your sleeves and get out in the trenches!
You will learn more by doing that than you ever will by studying!
It’s also important to realize that your initial enthusiasm will fade.
Just like dating, most business owners start out with lots of excitement, but eventually it wears off.
It’s what you do AFTER the excitement fades that really matters.
If you’re like most people, you will chase the next shiny object.
But if you are serious, you will keep pressing forward with your current company.
As time progresses, an amazing thing will happen (assuming you stick with it). You will start sponsoring people. Your team will grow. Your bonus check will increase. You will gain new skills. You will become a leader. And you will ultimately become a success story.
But none of this will happen for you if you don’t think long-term.
If you’re expecting to make $100, $500 or even $1000 profit in your first few months, get ready to eat a big lunch.
In most cases, it will take time to build up some momentum and growth in your new business (just like ANY other business).
But as the momentum grows, good things will start to happen.
Other Posts You Might Enjoy:
- How to Develop a Long-Term Income with Your Business
- Dealing with Attrition
- How to Achieve MLM Success
- Managing Your Money and Cash Flow
- Time Management Tips for Network Marketers
The bottom line is to get rid of your short-term thinking and do what the successful network marketers do.
They work their business daily, but they think long-term!
What are your thoughts? Leave a comment below and let us know.