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Top Adding - How To Fail In Network Marketing - Confessions Of A Recovered Leads Junkie, Part II
In Part I of this two article series, I described my unfortunate addictive journey down the dead end road of buying and calling massive numbers of leads in a zealous effort to achieve success in my network marketing business. In this follow-up article, on a much happier note, I'll share how I finally broke through my denial and discovered a way to kick this e
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
xceedingly common and costly addiction.
Just to recap briefly, I'm a retired psychologist and wellness consultant living in the remote north woods of Minnesota. When I retired, I had no more interest in network marketing than in taking up sky-diving or mud-wrestling. But then, happily and unexpectedly, my wife, Mildred, had an amazing recovery from chronic a
Just to recap briefly, I'm a retired psychologist and wellness consultant living in the remote north woods of Minnesota. When I retired, I had no more interest in network marketing than in taking up sky-diving or mud-wrestling. But then, happily and unexpectedly, my wife, Mildred, had an amazing recovery from chronic a
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
d very debilitating symptoms of MS through taking glyconutritional supplements. This launched me on a passionate new mission to tell the whole world about these fabulous products. As a side benefit, I also hoped to generate some supplementary retirement income by marketing them.
In the traditional network marketing fashion, I started by introducing them to m
In the traditional network marketing fashion, I started by introducing them to m
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
supposed "warm market" of family and friends. In doing so, my rose-colored glasses got quickly shattered. In spite of my passionate promotion and the strong evidence of their efficacy in helping to restore health to people with many forms of chronic illness, most people in my inner circle reacted as if I were offering them snake oil or rat poison.
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
Fortified, however, with total confidence in the product I was offering, I then turned to the "cold market" of other health professionals and to the massive numbers of chronically ill people whom I knew could benefit immensely from them. Same results!
The more I tried to share this potentially life-saving information with others, the more I felt l
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ke a would-be rescuer trying to throw life preservers to blind people being swept away in a flood.
With the determination of a dedicated mountain climber ascending Mt. Everest, however, I finally turned to "cold calling" hundreds and thousands of "leads" that I purchased from various dealers. As described in the previous article, through
With the determination of a dedicated mountain climber ascending Mt. Everest, however, I finally turned to "cold calling" hundreds and thousands of "leads" that I purchased from various dealers. As described in the previous article, through
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
his futile, last ditch effort to build a distributional system for these fantastic products, I became a "leads junkie."
Some Transforming Epiphanies
In much the same way that addicts of all kinds commonly break through their denial only after getting into some kind of treatment, this is also how I came to recognize the utter futility of trying to
Some Transforming Epiphanies
In much the same way that addicts of all kinds commonly break through their denial only after getting into some kind of treatment, this is also how I came to recognize the utter futility of trying to
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
build my business by calling leads.
The "treatment" in my case was to have the great good fortune (thanks to my sponsor) of being introduced to a revolutionary new approach to network marketing that is distinctly "outside the box" in many ways. As I gradually came to understand this novel new business-building approach, it was as if a set
The "treatment" in my case was to have the great good fortune (thanks to my sponsor) of being introduced to a revolutionary new approach to network marketing that is distinctly "outside the box" in many ways. As I gradually came to understand this novel new business-building approach, it was as if a set
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
of blinders had been removed that previously had prevented me from seeing what now suddenly became quite obvious.
The first big insight was very simple but equally profound--namely, that absolutely NONE of the sizable number of distributors I recruited through the painfully slow and inefficient process of calling leads had been able or willing to duplicate m
The first big insight was very simple but equally profound--namely, that absolutely NONE of the sizable number of distributors I recruited through the painfully slow and inefficient process of calling leads had been able or willing to duplicate m
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
actions. As I see it now, that can probably be credited to their basic sanity.
But, given that the sine qua non of all network marketing is duplication, this offers compelling evidence--at least for me--that trying to build a business through calling leads is just simply another job--and a very difficult, unrewarding one at that.
Secondly, I began to see c
But, given that the sine qua non of all network marketing is duplication, this offers compelling evidence--at least for me--that trying to build a business through calling leads is just simply another job--and a very difficult, unrewarding one at that.
Secondly, I began to see c
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
early how EXTREMELY unqualified these leads actually are as prospective business partners. This is in decided contrast to how they are often portrayed by the vendors who sell them. First of all, the vast majority of them are flat broke and, therefore, do not have the necessary financial resources even to get started in a business, much less to be able to buil
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
d it successfully. Amazingly, a large proportion of them are actually offended by learning that a start-up cost is even involved.
Moreover, very few of them have any realistic understanding of the high level of commitment, persistence, investment of time, money, and energy, and the requisite skill development that are necessary to be successful in ANY kind o
Moreover, very few of them have any realistic understanding of the high level of commitment, persistence, investment of time, money, and energy, and the requisite skill development that are necessary to be successful in ANY kind o
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
business, including network marketing. I've been endlessly astounded, for example, by the numbers of these folks who have told me, unflinchingly, that they wanted to bring in $10,000 a month or more, without any initial investment and by working 10-15 hours per week!
Through these epiphanies, then, I've come to realize that buying and calling leads is a pro
Through these epiphanies, then, I've come to realize that buying and calling leads is a pro
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
oundly inefficient and extremely costly way of trying to recruit business partners in network marketing. In my experience, this is true regardless of the cost of the leads and no matter how "fresh" and/or "exclusive" they are said to be.
My Life In Recovery
Suppose that you were offered a completely free, detailed plan, along with all of
My Life In Recovery
Suppose that you were offered a completely free, detailed plan, along with all of
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
the necessary tools, to build a huge billboard next to the largest freeway in the world. Suppose, further, that with this billboard you could advertise your network marketing business and invite all interested prospects to contact you.
On top of that, imagine that your first personal contact with these prospects would occur AFTER they had joined your busine
On top of that, imagine that your first personal contact with these prospects would occur AFTER they had joined your busine
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
s building system.
And then consider that--whether or not they ultimately decided to join your primary business team--many of them would help generate the necessary funding for you to continue your advertising campaign.
Finally, understand that not only would you have a very attractive and highly duplicatable business-building system to offer to new opportu
And then consider that--whether or not they ultimately decided to join your primary business team--many of them would help generate the necessary funding for you to continue your advertising campaign.
Finally, understand that not only would you have a very attractive and highly duplicatable business-building system to offer to new opportu
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ity seekers; but, of at least equal importance, it would have great appeal to other network marketers who've not been successful in using the traditional approach. On top of that, it would be international in scope.
What I've just invited you to imagine aptly summarizes SOME of the most important advantages of the new approach that I've now adopted as an alt
What I've just invited you to imagine aptly summarizes SOME of the most important advantages of the new approach that I've now adopted as an alt
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ernative to wasting my dollars and time in buying and calling leads. What an incredibly refreshing alternative it is! For me, it's like cruising down a brand new freeway in a luxury car after many months of trying to drive an oxcart through a swamp.
I now devote all of my business-building energies to two main activities: 1) Systematically increasing the vis
I now devote all of my business-building energies to two main activities: 1) Systematically increasing the vis
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
bility of my business building website on the internet in order to attract a maximal amount of traffic to it; and 2) guiding, supporting, and mentoring the prospects who are attracted and who choose to join me in using this system to build the network marketing business of their choice.
Like many recovering addicts, I now have an additional new mission--name
Like many recovering addicts, I now have an additional new mission--name
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
y, to help other network marketers avoid getting hooked on leads as I did or--if they've already fallen into this trap--to join me on a wonderful road to recovery.
If you'd like to get a free, highly detailed map of this new super-highway to success, I invite you to visit my website below.
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If you'd like to get a free, highly detailed map of this new super-highway to success, I invite you to visit my website below.
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tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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