With the recent events that have caused such instability in the economy and job market, people are searching for extra and more stable income. Many are looking into MLM opportunities and trying their hand at MLM recruiting. However, a large percentage are failing because they don’t know about the MLM pitfalls and why you must avoid these 7 deadly sins.

The harsh reality is that only about 3% of people in network marketing bring in enough money to support themselves and 97% will not even make back any monies invested.

Therefore, in order to have success in network marketing you must know the
MLM pitfalls and why you must avoid these 7 deadly sins:

1: Knowing nothing about network marketing.
The majority of network marketers think they know, but don’t have a clue, about marketing principles. They are accustomed to the ‘old way’ of networking and don’t know that there is a difference between sales and marketing.

2: Relentlessly perusing those who have no interest.
These are the hard sell networkers that don’t understand leverage and try and convince prospects that their business is the best thing since sliced bread.

3: Not having a proper lead generation system.
If you don’t have a proper lead generation system then you will be the networker who calls anyone and think of them as a prospect. Eventually you will run out of names. When you are no longer getting new leads, your business fails. By setting up a good lead generation system you can avoid one of the MLM pitfalls.

4: Not enough cash flow.
If you are not generating enough cash flow you will then run out of money to keep you business going. As well, if you are sinking more money into the business than you are brining in you could consequently get yourself in a real financial bind.

5: No credibility.
Not building credibility will leave you facing unsympathetic and uninterested prospects. Branding yourself as a leader and expert in your field will help you avoid this MLM pitfall.

6: Thinking motivation is enough.
New networkers make the mistake that their network marketing business is all about motivation. In order to succeed, one must have tools and not just motivation

7: No Duplication
It is easy for networkers to give up if they don’t have an easy to follow system that can be duplicated. You must provide them with an easy to use and duplicate system.

This is just a brief look at MLM pitfalls and why you must avoid these 7 deadly sins. To get the rest of the story download the book here.