1. It's not talked about openly but there's solid evidence that 70% of the recruits who enter this industry are GONE within the first year.
2. By the third year, 90% of the recruits are GONE.
3. All of these recruits have spent hundreds...perhaps thousands...of dollars on products, training materials, sales materials, going to events, and a host of other expenses.
Home Business is the purest form of Entrepreneurship. It's also the most challenging and mis-understood. The 5% to 10% who make it can do very well financially. But it's not easy. New recruits 'don't know what they don't know.' I can't guarantee success because I cannot guarantee your interest and motivation. But...I'm going to correct that for the recruits I accept into my business.
I've 'been there and done that'. I've been in FastTrack sales and marketing with major companies; I've operated an Entrepreneurship selling products and services of my company's creation; and, I've been in Home Business MLMs and eCommerce companies. I've known success...and failure.
I know how to coach a new recruit in acquiring new skills and tools to become a Home Business Entrepreneur. It's a lonely journey and you need an experienced and qualified Mentor.
SO...WHY DO MOST NEW HOME BUSINESS RECRUITS FAIL?
There are seven reasons:
1. Unrealistic Expectations: Recruits cannot execute plans that only FastTrack experienced sales people have a chance of following.
2. Time: recruits are faced with compressing their efforts into time frames they cannot manage.
3. Self Image destroyed: Sponsors try to cushion recruits' inexperience by telling them to just find a prospect and the Sponsor will close them - and the recruit 'learns' from this. This robs the recruit of the satisfaction of making the sale with one of their prospects.
4. Sponsors play 'The Numbers Game': The old furniture industry (which I know a lot about) prospecting maxim is 'Just throw a lot of crap against the wall and pursue only what sticks'. The recruit is treated as a commodity - not human beings with feelings of self-worth wanting to be successful.
5. Financial rewards: Recruits are asked to present programs that are fanciful, unrealistic and unobtainable. The recruit is embarrassed by this; and, their Subconscious Mind punishes them for participating in this deception.
6. FEAR: Most recruits do not know how to present. Stage Fright or Performance Anxiety is paralyzing, blocks out perception, psyche and motivation. I've been a presenter for over 50 years and I know how to deal with this. Most sponsors do not.
7. Self-Confidence: Most sponsors do not know how to build this in a new recruit. In fact most sponsors actually destroy this in their new recruits by their above actions.
You can learn more by requesting my analysis on Home Business by sending me an email at CoachSmokeyGold@gmail.com and I'll send it to in PDF format no obligation.
TRUST SMOKEY SMOKTONOWICZ. Continue on reading the posts on this blog.
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