Over 95% of all network marketing businesses fail in the first two years which is an even higher rate of failure than business start-ups. The primary reason they fail isn't because of lack of desire, it's because of lack of a business development system to keep them moving forward and unfortunately most network marketing companies aren't teaching this, Being an entrepreneur is a big challenge, and being a network marketer can present even bigger challenges. However with that being said network marketing can offer a fantastic opportunity for someone to start his or her own business at a relatively small cost and with the right process and passion grow it into a significant income.
The biggest thing you must realize is that to be successful you have to operate your network business just as anyone else would operate any type of business and this is probably the biggest mistake I have seen with network marketers, they miss the fact that itís still a business and has similar challenges as any other business. As I have made this journey I can confidently say that I believe that there are 9 Core Principles that when focused on can significantly impact the results a business will have. Some of these are pretty obvious ones but a few of them are not so obvious and so I would like to take you through the 9 Core Principles as well as the underlying strategies that each of the Core Principles focus on. By implementing these 9 Core Principles you can grow any business and especially your network marketing business.