It is common for new businesses to fail. Research studies have shown that 90% of new businesses fail within the first five years. In India, more than 80% of new businesses fold up during their third year on average due to various reasons, including poor management or inadequate funds with which they can operate. However, QNET’s 18-year success story should provide hope and encouragement in the face of adversity.
The same also applies to direct selling companies. However, less than 6 percent survive after 3-5 years past inception date because these organizations lack sustainable revenue streams. They cannot recruit enough members under an established network-marketing model before collapsing from competition amid growing market saturation, among other factors. Related Article click here.
Because of direct selling, almost every company in this industry has faced challenges when entering new and emerging markets. People in many countries don’t understand Direct sales, which can make confusion and misunderstanding inevitable. However, QNET isn’t banned in any country. Rwanda was an exception from 2009 to 2013 because its operations were unregulated.
Besides, companies often change their names for reasons such as branding or variation between lines of business that brands employ marketing strategies accordingly. Many people believe that a company like QNET is scamming the public because they do not fully understand what it takes to run their business successfully.
Hard work and patience are essential traits needed for a direct selling business to succeed, but some people give up too quickly. This makes them believe that there is no way they can make money from doing this type of job, leading back to false accusations towards legitimate companies such as QNET.
Furthermore, these firms support themselves and affiliates by working hard at developing individual skillsets by helping the latter become more independent. As a result, society does not need government assistance programs anymore. Learn More: https://www.qnet-scam.in/