I absolutely agree, that the MLM industry is a focal point for human qualities. The exciting part is that because it is a people’s business, it might prove to be much more responsive that other industries, to some systemic, human interventions.

You are so right about marketers needing to learn more skills. In our research, we identified at least 6 sets of new skills they need to develop. However, our findings suggest that it isn’t just the skills or even the number of skill sets that are the crux of the problem. The primary challenge is that these skills must be learned in a whirlwind of change (and stress) that occurs when people shift from being employees to becoming business owners.

We discovered a proven formula that explains what happens for people who are experiencing occupational change. It explains why so many become immobilized when they jump into network marketing, even though there is great excitement at first. I’d love to share more about that with you if you’re interested. You are rare in your willingness to deal with what is really going on. You and your master mind group are one powerful step ahead of the curve in discovering what can be done to address attrition.

So fun to find such a vibrant dialogue on the subject!
Warmest best,
Shayla

that is a topic that I am very passionate about.

One of the main reason the failure rate is so high is that people don’t get accurate and truthful information about the industry. And in many many cases, it’s not even their fault. Some of them however even refuse to learn about accurate and truthful information and rather believe in the lies they were told.

Many marketers don’t know that they have to learn some skills, skills that aren’t taught in school and in normal jobs. Not that these skills are complicated, they’re just different.

Many people are just habitual quitters: They quit marriages, families, jobs, hobbies etc. and business, such as MLM.

The problem is intrinsic to the MLM industry, yes, but it is also related to human nature.

So I wouldn’t suspect the MLM industry as a whole. I would say, the MLM industry is kind of a focal point of all good and bad human qualities. Probably because it’s a people’s business.

Just like money brings out the best and the worst in humans. But it’s not the money’s fault.

I am glad that the mastermind group I am part of teaches 5 basic rules what a good MLM business should include. We are referring to them as the “5 pillars to success”

Thanks for sharing your insights.

Take care

Oliver

Many people who have lost corporate jobs look to multi-level marketing companies as a way of working at home, being their own boss, and replacing some or all of their income. Many have difficulty making the transition from corporate to being their own boss. We have studied why they fail, and seen that our BoldMoves Country system for personal and professional development can help them to succeed.