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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 the distributorships and consumers:
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.
People join MLM because they believe they can make a lot of money and become financially secure. However, what sometimes happens is people don't want to sell products and only want to sponsor, sponsor, sponsor.
MLM works best and people stay within FTC regulations when they personally consume the product and sell to at least ten retail customers.
There is NO success in Network Marketing (MLM) without sponsoring, without selling products, and without selling the plan. If people do not use the products, they will not know how the products work or understand the benefits of the product.
Mistakes are made in Network Marketing just as mistakes are made in any business that offers rewards and/or failure.
Success and failure are both part of the nature of the beast. However, it does not mean failure and disappointment have 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 am a good mentor, no matter the Network Company you join.
In my opinion, I believe the Amway business is the best and most rewarding. Amway has been around since 1950's and must be doing something right. They've weathered the storms that plagued them in the 70's and 80's and have kept up with the demands of our times. We can discuss this in person.
Click on these links to watch a few great videos explaining why people do Network Marketing:
I would love to hear from you to discuss your experiences with MLM's and/or Amway.
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.