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The Formula for Success

As I was reading the Slight Edge, this quote caught my eye.  It was one of the first things that caused me to dogear a corner of the page to save for later.

The formula for success is quite simple: double your rate of failure.

– Thomas J Watson Sr. (Founder of IBM)

This really so true.  If you want to be successful in anything just do it more.  You want to be a great guitar player?  Play all the time.

Failure is a part of the learning process.  When you start playing guitar you don’t know the chords.  You make lots of mistakes.  You begin playing some “3 chord rock” because it doesn’t take a lot of skill.  Gradually you work your way up to playing harder songs.

In network marketing many of us are afraid to fail.  It’s like we think we have to go out and be great right away.  But professional musicians know they spent hours and hours and hours practicing.  They probably had a teacher helping guide them.  They played in the school band.  Etc.  It took a lot of practice to get to where they are today.

In sales (and network marketing IS SALES) anyone who tells you otherwise is a liar.  In sales, we simply have to get a bunch of no’s.  If you are a horrible sales person it will simply take you more sales before someone says yes, BUT eventually someone will say yes.  You simply have to ask enough people to hear enough no’s before you finally find someone who will say yes.  AND along the way you’ll be learning and getting better at selling!

Internet Marketing is the same way.  You build a crappy sales page or lead capture page.  You send a few thousand hits there and find it isn’t converting very well.  So you tweak it and make some changes.  Maybe this sales page or lead capture page does better.  You keep tweaking it until you learn what works and what doesn’t. You make it better and better.  In essence you’re failing over and over and getting better by learning from your lessons.

If you want to be successful in network marketing and MLM just fail faster.  :)

Talk to more people.  Get more no’s!

- Ben Fitts

Like my training? Check out my business.

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Filed under : Home Business Blogs
By Benjamin Fitts
On November 8, 2008
At 7:49 am
Comments : 4
 

4 Comments for this post

 
Brian Baulch Says:

Hey Ben

l agree totally, may l add that l have found my self in the past to just been happy with been good at what l do, good at networking,good at off-line communication, good at achieving my goals, l not long discovered l have not had the right mindset l should of had a attitude and mindset of greatness e.g., achieve great goals , network and meet great people ect now l have had the change of mind lam discovering lam walking in my destiny

Good is the Enemy of Great !

 
 
Rich Says:

Hi Ben, good blog, I think your third paragraph describes me to a tee. Basicly I’m still in the trial and error phase of IM but I could really relate. Also I loved your quote.
The formula for success is quite simple: double your rate of failure.

- Thomas J Watson Sr. (Founder of IBM)

Thanks again:
Rich

 
 
the work at home network Says:

thanks for sharing this…

there are tons of books out there, on him biz and success…it always help to read before getting started:

 
 
Stefanie Says:

Hi Ben –

nice blog and nice post. You are so right that the more you do something the better you get at it.

People new to mlm need to realize that you do not become a super star overnight, it takes work and action.

- Stefanie

 

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