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Tim Melanson

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Jul
22

What is your “Exit Strategy”

By Tim

I should warn you that this post may make some people feel uncomfortable, but I feel that it is important to be said.  Network Marketing/MLM definitely has it’s share of negativity and bad press.  Some of it is completely uncalled for and untrue.  However, there is a fair bit of it that is true.

Although I do concede that there are many people who run MLM businesses at a loss to take advantage of the tax write offs against their income, most people do not do it on purpose.  Instead, they are brainwashed by their upline/company into thinking that all you need to do is attend regular “meetings” and purchase their monthly autoship and eventually they will recruit that big hitter.

Let’s get real for a second!

You will NOT recruit a big hitter, until you BECOME a big hitter!  That is just the reality.  Those who have been “around the block” so to speak, know that positioning is of utmost importance.  There is no way that they are going to enroll under just anyone.  They can usually network and jockey their way into a lucrative position.  That is what big hitting Network Marketers do. What’s more important to keep in mind is that there are only about 2-5% of those who enter the industry that really hit it hard and earn the big bucks. The odds of recruiting that big shot by luck are not looking good.

Instead of being one of the statistics in this industry that lose more than they earn, we all need to set our goals upfront and work the plan.  How long will it take to earn your initial investment back?  What work will you do in order to achieve that?  Of course, I understand that depending on your experience and talent, some people will take longer.  However, you NEED a plan.

Once you’ve figured out your roadmap to success and you’ve reviewed it with your upline sponsor and even a few other mentors that have been through it before, work the plan.  You also need an exit strategy if you cannot follow the plan.  If you don’t hit your sales and recruiting goals and therefore, you don’t hit your income goals, you need to get out.  Either your upline support system is not a fit for your style and philosophy or your company, compensation plan or product is not a fit for your personality.  Please stop beating a dead horse.  You should know based on the roadmap that you’ve set out if you are on track or not.

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Categories : Network Marketing