Over the past couple years I have been traveling and attending some pretty inspiring events… to say the least.
It’s always absolutely amazing to see all the incredible success stories displayed on the big screens, and feel the energy in the room from the events attendees. Soon after the events come to a close, I realize that I was in a room of true Entrepreneurs who just flat out “Get It”.
You know, there’s this crazy little saying that 95% of people in this industry will fail. In actuality, this could not be further from the truth.
You see, it’s silly to compare someone who is looking at Network Marketing as a hobby, and with the mindset of, “I’ll give it a try and see what happens”. These are often people who jump into a program without skill, knowledge and experience and (sorry to be blunt here, but) will more than likely quit on themselves at the first sign of discomfort.
Now in contrast, let’s take a look at a professional. These people “Develop” and Maintain unwavering beliefs that They CAN and WILL succeed if they simply don’t quit. They devote themselves to personal and professional growth and development. They soak up knowledge, and training like a sponge and implement it into their business without question. They do this because they KNOW what the outcome will be when they simply educate themselves, and apply what they learn.
If we were to look at this statistic and apply it only to those who “Stuck With It”, The True Network Marketing Success Rate would then be closer to 95%, as opposed to 5%.
“The Only Way To Fail Is To Quit”
Most successful network marketers who reach the top of their pay plan (in a good network marketing company) will average with time, around $100,000 monthly… no joke.
So I have to ask, what other career opportunity do you know of that will reward their reps (the ones who are committed to working hard, and staying the course) with an unlimited income potential? Literally … No cap, whatsoever.
It is not uncommon to earn a six-figure income in less than 2 to 3 years and a multiple six-figure income in 5 to 10.
Heck, I’m proof of the above statement and work with other industry leaders who have gone on to earn tens of millions before they’ve reached their 30′s.
This path to Network Marketing Success will require you to stay head strong and focused on your goals by maintaining the belief that you will get there with effort, and consistency.
With that being said, I wanted to pass long this inspiring video that a teammate recently shared with me. I feel that it displays the struggles that some will go thru on their path to victory, yet with effort, eventually reach their goal.
What are your thoughts on the success rate of the industry? Can you relate to the video above? Leave your comment below and share your story.
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Ethan, The Marketing Pro. 