Starting your network marketing business is like starting any other type of business. Yet 97% of network marketers fail due to 4 key factors: a lack of home business leads to grow their MLM lead list, lack of training and MLM marketing systems, lack of team duplication and lack of funds.
Let's dig deeper into the last reason. ? Most people who join the industry are amateur entrepreneurs. They are not completely aware of the steps to achieving business success. Apart from persistence, commitment and the right mindset, you need working capital to fund your expenses and home business lead generation activities whilst getting it off its feet.
Most new entrepreneurs only consider the upfront start up outlay and fail to consider the monthly expenses e.g. advertising, transport, auto-ship, events, business supplies and stock.
In a traditional business, one typically finances the business with a bank loan.//www.youtube.com/embed/A6-G-qqu6HI" frameborder="0" allowfullscreen>?