On the internet, you can find many different opinions about Network Marketing. The opinions are very mixed and it’s hard to know who is right, who is wrong. By reading opinions and articles about this profession you can get confused and you probably still ask yourself “What is Network Marketing“. In today’s post, I will put a little light on this profession so you will know exactly what network marketing is. Just to let you know, in this post you may find some positive and some negative things about Network Marketing Profession, so if you are a person that Totally loves this type of business and you don’t have any negative opinion about it, you can leave this post to not get irritated.
Some people think that Network Marketing (Multi Level Marketing) is a scam, fake business or some kind of Online Thing that is not worth the efforts. Well, network marketing is not a game, it is a real profession that can bring you a lot but also can make you struggle if you do it wrong.
Low Investment. To start network marketing you actually don’t need a big budget. MLM is a business which you can start for as low as $40. Of course, different companies have different levels of required investments but when we compare it to a standard business where you need $10K or $100K to start Network Marketing Investment is like almost nothing.
Unlimited Income Opportunity. This profession is different than a job. In a job you get paid weekly or monthly for a job that you’ve done, same in network marketing but at a job, it’s hard to get higher income. Usually, A Boss decides your income and you have to be ok with it or you will get fired. In network marketing, you don’t have limitations. You can earn nothing or you can earn millions and above. So if you do a lot of efforts your income can constantly grow.
You Are The Boss. Your income, your hours of working is all up to you. There is no one that tells you to start at 9AM and finish at 5PM. You are the one who decides how much you work and when you work, of course, if you want to earn more and build a bigger team I suggest you work more at least at the beginning.
Work Less & Earn More. The beauty of network marketing is that you can earn money by someone’s efforts. In network marketing, you build a team of people who love the products and who want to change their lives. Same as you, they are their own bosses. You as a leader help them understand the business and you help them grow, but at the end when they grow their business you get paid for it. So even you start to work less your income can constantly grow.
Community,Training & Mindset. When building network marketing business you are building your team and you become a member of a large supportive community. People who are doing this type of business are entrepreneurs who are open minded and ready to help others. Except the community, most of the network marketing companies provide a lot of mindsets and technical training.
Time. Success in this profession is not created overnight. Many people think that when they join network marketing business they will be a millionaire in the next couple of weeks. That is the biggest lie ever. It takes a time to build network marketing business. You need to constantly improve your skills and communicate with your people.
Find Leaders. Even if you have 500 people in your organization, most of your income will come from only a few people. This is not actually a bad thing but because of this many people quit and believe that MLM is a scam. You job is not to try to earn money by every single member of your team, your job is to look for leaders who would build the business even when you are not around.
Obstacles. You will have a lot of obstacles during your journey. Every successful people had and have some obstacles. The same thing happens when you start a network marketing business. You become an entrepreneur and you will have obstacles and dream stealers in your journey. The toughest obstacle will be your family and friends who will be telling you that your business is illegal or that it will never work. When you can overcome that obstacle you will be on the great path to success.
Personal Development. Network Marketing Profession is amazing because it focuses on Personal Development which helps you understand your past and your problems which probably you are not even aware of. Many people get offended when they find out about their problems. This is one of the reasons why people get angry and leave the business. No matter how good or successful you are, everybody needs some Personal Development training to get even better at that they do and to improve their lifestyle. The problem is that some people can’t handle the truth about themselves and they run away from the reality.
There is a simple process that makes Network Marketing Company bigger and makes you more money.
Multi-level marketing works this way:
1. You join a network marketing business opportunity.
2. You receive a product or service which you use.
3. You share an info about the Product and/or Business Opportunity with others
4. You sell a product and sign people up to your team.
5. You help your team members to everything from point #1 to #5
This is 5 step process that can make you very successful. If you notice, the when your member helps their members build a business you don’t have to reach out personally yo 3rd or 4th person in line. The business starts growing by itself and this is the time when you can start working less and earning more. You earn some % of the profits that your team makes and you little by little becoming a “JOB” free.
As you can see there are good and bad sides of Network Marketing, but in any kind of business, there are good and bad sides, in network marketing you just have better opportunities to create a lifestyle you always wanted.
Still wondering what is network marketing or are you already working on growing your business? Watch THIS FREE TRAINING VIDEO that shows you how you can Grow Your Business Faster and become an authority in your profession.