Let's Talk About Network Marketing

Or Multi-Level Marketing (MLM) is a popular way to make money.

Some opportunities work well but others may be a scam.

Network Marketing

What is Network Marketing

A Network Marketing Business, also known as Multi-Level Marketing (MLM), is a profitable business forum to move products and services by "word-of-mouth". The stability and success of a Network Marketing Business is dependent on the loyalty of distributorships and consumers:

  • Loyalty comes with belief in the product line and company satisfaction guarantee; 
  • Loyalty comes with their ability to duplicate themselves - the principle key to success since, as of yet, you likely have no capital, no business experience, and no business successes.

People join MLM to make money. Honestly, the only way to do that is to consume products and sponsor distributorships. What happens to those who do not consume products and sponsor? If distributorships are not using the products they will not progress, they will not make much money, and they will not achieve the higher levels of bonuses and rewards. 

Why Do Network Marketing

Why do people join MLM? They believe they can make a lot of money and become financially secure. However, what happens is people do not want to sell products and only sponsor, sponsor, sponsor.


What makes MLM work best and stay within FTC regulations is to personally consume the product and sell to at least ten retail customers. 


There is NO success without sponsoring and without selling products and the plan. If you do not use the products, you will not know how they work or understand the benefits of the product.  

  • How can you ask people to use your product if you don't?
  • How can you ask people to get a customer membership to go on line and shop for themselves if you do not use the products?
  • How can you ask people to join you in a distributorship if you do not use the products, and if you do not have faith in the products?

 

Mistakes are made in Network Marketing just as mistakes in any business gives rewards or failure.


Success and failure are both nature of the beast, but it does not mean it has to be that way when it is done correctly.


I am personally proof that MLM works but I am also proof that it fails. This is why I can be a good mentor for you, no matter the Network Company you do.


In my opinion, I believe the Amway business is the best and most rewarding it's been around since 1950's so they must be doing something right; and they weathered the storms that plagued them. We can discuss this in person.


Click on these links for these good videos explaining why people do Network Marketing:


 HOW TO GET RICH-Rich Dad Poor Dad by Robert Kiosaki-Animated Book Review.  


How to Create Passive Income-Rich Dad Poor Dad by Robert Kiosaki-animated Book Review


Financial Choices / Cashflow Quadrant-Rich Dad Poor Dad by Robert Kiosaki-animated Book Review

 

 7 Reasons Why You Will Never Get Rich 

Network Marketing Failure

First of all, you must recognize that you are joining a Network Marketing or Multi-Level Marketing (MLM) business that demand you sell products people use, need, and want and that you use them yourself. 


MLM also offers the ability to attain higher levels of achievement through duplication in order to attain higher levels of rewards. 


The key to succeeding in Network Marketing is how well you stay in compliance with FTC standards, which is spelled out on my blog. This is crucial or you will fail quickly and quit.  This is what gives a network marketing company a black eye when it is so unnecessary. 


The correct type of people you want to attract and sponsor into your business will NOT be impressed with flashing cash around and driving expensive cars. They do not want to be associated with people who are false in the way they represent success. 


FTC wants to see product users and capital coming from there and not from recruiting. People you talk to want to see freelancing yourself, offer value, provide value, teach value, value pays well, value in buying from you, value in your skillset, 


PEOPLE WILL REJECT HYPED UP ADVERTISING, ESPECIALLY WHEN THE FOCUS IS ON THE MONEY THAT SUPPOSEDLY IS MADE:  "IF IT SOUNDS TOO HARD TO BELIEVE, IT GENERALLY  IS NOT TRUE.

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