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Why Some People Are Afraid to Make Money
As an experienced network marketer, it still amazes me to see how much some people will go to avoid becoming a “money maker and money saver”. Such fears, usually completely irrational, are the basis of what are called Objections by network marketers. In many cases people are not advancing their lifestyles and finances when they could be making great achievements and improvements in their daily lives and their families. So let’s look at some examples of objections.
Some people claim they would have no one to talk to about their new business or service. If you think about it, practically all of us know many other people, either in our country and/or abroad. It is widely believed that we all have between 50-500 personal contacts. Just ask yourself the question “Who do I know?” You can quickly start writing a list of names on paper. Let’s think of some examples. Do you have any work colleagues? What about neighbors, friends, family like parents, brothers, sisters, aunts, uncles, cousins, nephews and nieces? Maybe you go to a social club or charity group, a sports club, gym, play cricket, rugby, football, tennis, badminton. Perhaps you belong to a group such as a parent/teacher association, mother and toddler group, swing association or women’s group. If you are religious, you can go to a church, mosque, temple or synagogue. Think about who you send greetings to, such as on your Christmas card list. What about your current and old diaries, who is in them? Other people you can add to your list might include your doctor, dentist, dairy, postman, local grocer or butcher. The list of people we know is never ending. In reality, most business prospects know plenty of people they can talk to or call, but they may tell you they don’t know anyone as a polite way of saying they’re not interested. Sometimes low self-esteem, cynicism or irrational panic can affect people’s judgment in taking a balanced view or their ability to realistically evaluate the information presented.
Did you realize that you can add people you know very easily? Say you have a friend named Geoff. Ask Geoff ”who does he know who would like to earn extra money or save money?” You will receive a list of names and contact phone numbers from Geoff. This is called getting Referrals. Let’s say you did the same thing with 50 friends and each friend gave you 10 Referrals. Do you know how many contacts you would have? Work it! You will be busy for a long time.
There is no doubt that there are many online and offline network marketing and other home based jobs and businesses that involve selling. In some cases, shares must also be purchased. Some people seem to have a natural gift for selling, the “gift of error” as some call it. However, many people do not like to sell face to face or even do it over the phone. Even if you are given training, you may not be very good at it compared to a professional salesperson. This is perfectly reasonable, but some people take it too far. A lady I spoke to a few years ago was interested in making money in a home business but then changed her mind, so I asked why she suddenly changed her mind. She told me that her husband had put her off because he was dealing with too many sales. I explained to her that there was no sales required at all in this particular home business and in fact it was better not to have any sales experience at all. Her mind was so closed that she couldn’t accept it. This lady may have made thousands of dollars by now. What a missed opportunity!
It is common practice for network marketing companies to charge a relatively small one-time sign-up fee and set some sort of monthly service goal or activity fee. Such costs can be used to supply the new recruit with free websites, materials or promotional and administrative tools. A prospect who is willing to pay such fees to register as an Agent, Representative or Distributor shows that he/she has a level of commitment to the business and is “serious”. People who join such free, no-fee businesses quickly become inactive and disinterested as they were never very motivated in the first place. Some people are afraid to sign up for a network business because they “have to pay something”. Other people think that joining a business is only worth it if they have to pay a large franchise or investment fee like $100,000, but this is often not the case and does not guarantee success. The high cost of registration is simply a greater risk factor. There are many networks that earn five or six figures every month. Why wouldn’t you want to pay say $30 a month if you have a monthly income of $40,000?
Some people are reluctant to make any effort to improve themselves. They want more money, but when they get home from work or reach the end of the day, they watch soap operas or other programs on television every night and postpone their business calls for the next day or week. Hibernation leads to no business activity and while they are watching TV their prospect can be signed by someone else. It takes some effort in life to achieve personal goals. There is an expression in the networks that advises people not to postpone things and do them immediately. This is sometimes called “feeling the fear”. Get out of your “comfort zone” and set short, medium and long term goals. Some wise advice about networking is: “If you fail to plan, you plan to fail” Attending “training” is also essential to network marketing success.
If your car gets a puncture, will you fix it the next day? If you had a windfall and got a message that $50,000 was ready to go to the Bank, would you take the time to go and get it or would you wait 6 months thinking about it? All of us can find time or make time if we want to do something. It’s about MOTIVATION and PERSISTENCE. It may surprise you to know that many of the most successful network marketers are the people who are the busiest in their daily lives. This is because they know how to organize their time.
Some people worry about illegal online and offline schemes. Such scams are often “pyramid schemes”, but some people mistakenly assume that everything is “fake”. It is true to say that one should be careful before parting with money. Pyramid schemes take money from people without providing services or products. Legal network marketing businesses are now booming worldwide since a landmark US court victory by Amway many years ago. The shopping genie run by My Net Universe requires new distributors to obtain a license and a genie to be taken as a service before they become active and the shopping genie becomes a worldwide revenue opportunity.
Take a look at our website and see the different earning and saving opportunities, plus there is a free worldwide gifting app available for everyone. You will also find some other useful links from the website to other relevant websites and online marketing tools. There is also a section with some very interesting and informative articles to read about network marketing, including objections and other issues. Please visit www.moneymakers-moneysavers.com. The site has links to Financial Independence and Network Marketing issues similar to “why some people are afraid of making money” on media such as You Tube, Twitter and Facebook.
Dr Graham Clingbine entrepreneur …. working to improve your finances.
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