I will be sharing in this thread 3 REASONS Nigerians missed in the Network marketing business and how it is the best investment you can ever put your money into in life.
1. Network Marketing is all about HAWKING DRUGS:
2. They tried selling to Nigerians who are not Health Conscious but Wealth Conscious
3. Dealing With Rejection in Network Marketing
4. They don't work as a team. Everyone is working independently and selfishly striving to outdo each other
1. Network Marketing is all about HAWKING DRUGS
Network Marketing is far away from anything like selling or hawking drugs. Nigerians who started this business did so on a wrong note. I guess they started the way they did based on our get rich quick mentality and short time perspectives in planning. Network Marketing Business is not about buying and selling products, because selling products will not get you rich, as the profit margin is very minimal. NETWORK MARKETING IS ALL ABOUT YOUR SOCIAL CAPITAL- WHAT IS SOCIAL CAPITAL AND WHAT DO YOU DO WITH YOURS :
SOCIAL CAPITAL is the money that exist in the pockets of your social circle, the question is, what do you do with that money? Do you guys just go clubbing or hanging out in joints or smoking cigarettes? Network Marketing harness the power of your social capital to provide an ideal PLAN B stream of income for you. Network Marketing helps you and your Social Circle to work together to build a fortune you can enjoy at a later age.
Network Marketing Company according to Harvard Business school should produce wide range of repetitive ordered products , so for those of us that has been mislead the business is about drugs, please be better informed. Most of those products that looks like drugs are actually foods compressed into tablets, caplet, capsules and syrups as the case may be. So what most of these products do is to supplement the nutrients that are either absent or deficient in the food we consume especially in a age of synthetic food.
2. They tried selling to Nigerians who are not Health Conscious but Wealth Conscious
That Nigerians are not health conscious is stating the obvious. It is evident in the way and manner we handle our immediate environment.It is only in Nigeria that people will leave the garbage bin to drop and litter refuse in water drainage or worst still litter roads with refuse. Nigerians can defecate anywhere they deem convenient anytime. Nigerians hardly visit Doctors for medical check-ups unless they are quarter-to-die or have turned vegetable.
The fall out of the above explanation is further ignorance about organic and in-organic products. Most of the supplements produced by these companies are usually expensive because they are products extracted from nature.
Let's use a simple example, imagine you sell different types of drinks. You tell a Nigerian, Drink A has no label, it contains 25 cubes of sugar and is sold for N 100 and DRINK B is from XYZ company, it's fresh natural juice, squeezed from the source and is organic, promotes good health, and the cost is N 200, which one will a typical Nigeria go for? Your guess is as good as mine. NOTE: It can work in other developed countries but in Nigeria, it's better you don't focus on buying and selling
3. Dealing With Rejection in Network Marketing
Let's face it. You are going to come across some rejection in
your network marketing business. But dealing with rejection is simply a
state of mind. It's actually a myth. The situation after someone told
you they were not interested is the same afterward.
Before you contacted them, you did not have them as a business partner and after you contacted them, you did not. So your situation stayed the same. It did not get worse. When you look at it this way, you haven't really lost anything, now, have you?
I love this quote by Earl E. Graves:
"We keep going back, stronger, not weaker, because we will not allow rejection to beat us down. It will only strengthen our resolve. To be successful there is no other way."
Here are some famous rejections that may help you in dealing with rejection: After 130 rejections, the "Chicken Soup For The Soul" manuscript was published and went on to sell 8 million copies.
Colonel Harlan Sanders rejected rejection over 300 times and there are now 11,000 Kentucky Fried Chicken restaurants in 80 countries around the world.
My all time favorite famous rejection is the following:
John Creasy, a British mystery novelist, received 743 rejection slips before he sold his first book! Over the next 40 years, he went on to publish 562 full length books! Wow, 743 rejections until he achieved his goal! Imagine that! And now look at how successful he has become.
Dealing with rejection becomes easier when you know others have gone through it as well and have come out on the other side, knowing that nothing will stop them from achieving what they want.
"Never give up on your dream-Perseverance is all important. If you don't have the desire and the belief in yourself to keep trying after you've been told you should quit, you'll never make it." -Tawni O'Dell
Before you contacted them, you did not have them as a business partner and after you contacted them, you did not. So your situation stayed the same. It did not get worse. When you look at it this way, you haven't really lost anything, now, have you?
I love this quote by Earl E. Graves:
"We keep going back, stronger, not weaker, because we will not allow rejection to beat us down. It will only strengthen our resolve. To be successful there is no other way."
Here are some famous rejections that may help you in dealing with rejection: After 130 rejections, the "Chicken Soup For The Soul" manuscript was published and went on to sell 8 million copies.
Colonel Harlan Sanders rejected rejection over 300 times and there are now 11,000 Kentucky Fried Chicken restaurants in 80 countries around the world.
My all time favorite famous rejection is the following:
John Creasy, a British mystery novelist, received 743 rejection slips before he sold his first book! Over the next 40 years, he went on to publish 562 full length books! Wow, 743 rejections until he achieved his goal! Imagine that! And now look at how successful he has become.
Dealing with rejection becomes easier when you know others have gone through it as well and have come out on the other side, knowing that nothing will stop them from achieving what they want.
"Never give up on your dream-Perseverance is all important. If you don't have the desire and the belief in yourself to keep trying after you've been told you should quit, you'll never make it." -Tawni O'Dell
