First of all, if you joined a Network Marketing company expecting to get rich the next day, month, or year; you don’t have the right mind frame. Any business, including Network Marketing has requirements that you must meet to create not only a positive income, but a nice profit. So, if this is you, it’s time to wake up and smell the coffee and get busy in your business in prospecting, showing the business and products, and getting people to join as customers and business builders. If you are expecting someone else (like your upline or even downline) to do it for you, you will might as well quit right now, this very minute. BUT if you do have the right mind frame knowing that just like any other business you start and RUN. Key word, RUN, as in working your business daily from 4 to 6 days a week either part time or later as you find success full time.
But what if you’re not that person. What if you’ve been hitting it hard everyday for a year and your results are little to nothing, meaning zero. What then? Do you quit or do you press forward even harder? It’s a hard decision to make because with a Network Marketing business, you should be working from home part time to start with, thus you have low overhead. So if that is the case and you absolutely love and believe in the products (as in you would continue to use them even if you never made a penny off of them) you have the choice to just enjoy and benefits from the products and get some additional training either from the company you are currently in, or if you have little support from either your upline or the company, you could try a third party training such as Eric Worre (Network Marketing Pro.). If with the right training you still are not bringing in any income, it’s quite possible that Network Marketing is not for you, no matter how long you stick with it. Network Marketing Reps love to tell you “don’t give up, the only way you fail is if you give up.” Which that may be true in many cases, but it’s not an absolute truth. The real truth is you also fail if you don’t bring in an income you can live off of and if you continue to not make money, you’ll lose money; and that’s not what you’re in business for. Also keep in mind that the IRS only gives you in most cases up to 5 years to show a profit. If you aren’t making a profit by then, they in most cases will not allow any further deductions and consider your activity a hobby and not a business (meaning with the intention to show a profit). If that is the case you might want to seriously do something else and quit Network Marketing entirely.
Be real with yourself. If you know you’ve had the right training, but you just can’t get yourself to prospect for example, then you will fail in Network Marketing no matter what company you choose and no matter how much they promise you that prospecting is automated. If you can’t overcome this one issue, you should find a different model of business than Network Marketing. If you’re not bringing in any income at all, you don’t have a business, you have a hobby. There’s nothing wrong with having great products to use for you and your family. But if you are looking to create income, that is what you have to look at. The bottom line.
I hope this has helped you in determining if you should quit your Network Marketing business.
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