There are millions of people worldwide looking for ways to make more money and create freedom for themselves, there are also a lot of different business opportunities available. Like everything you will find some good and some bad.
There is a long standing home business that I'm sure you've heard of and that's Network Marketing. This is a business model where anyone can get started with a company and have the potential to make some good money and even create a passive walk away income. The basic idea is that you will sell products to consumers, but there is also the option to recruit a team of sales people under you and earn from their sales also. This follows suit down the line.
It will vary from company to company, but it is sometimes possible for this payment structure to happen all the way down the line allowing for unlimited earnings. It won't take a genius to work out that you could end up earning a ton of money if you are able to produce duplication within your team. MLM does certainly offer a unique opportunity. A common practice is to find five or six people that you will work directly with and the idea is to train them to also find a small number of people to work closely with. If you are successful and this duplicates throughout your team then you are 'quids in'.
The interesting point is that if you look at all the business models available, MLM marketing has actually single handed created the most millionaires. Bill Clinton has previously publically endorsed network marketing and you can find videos of this on the internet. There is real potential to create passive income that is earned month in month out regardless of effort, once you get to a certain point.
The sad thing is that most people who try this business don't succeed or make very little money. In fact the failure rate is something hideous like 97%. There are a variety of reasons for this, but the truth is that although it's a powerful business model you still need to be skilled at selling and recruiting.
Many folks will not get the success they want, they are sold on promises of easy riches and quit once it becomes clear that it's not all as easy as first thought. The business works on the basis of person to person referral, so you will definitely need to be a good communicator and relationship builder.
A lack of training from the companies themselves also contributes to the high failure rate. The usual starting point is to make a list of your immediate contact list and call them up and pitch them on your new business opportunity and products. For most this simply doesn't work, they don't know enough people or the people they do know are just simply not interested.
If you are going to be a big player in this industry then it's vital that you figure out a way to have more prospects than you have time for and to position yourself in such a way that people will want to work with you. We are after all in a numbers game, and will get a lot of no's before you get a yes.
There is a long standing home business that I'm sure you've heard of and that's Network Marketing. This is a business model where anyone can get started with a company and have the potential to make some good money and even create a passive walk away income. The basic idea is that you will sell products to consumers, but there is also the option to recruit a team of sales people under you and earn from their sales also. This follows suit down the line.
It will vary from company to company, but it is sometimes possible for this payment structure to happen all the way down the line allowing for unlimited earnings. It won't take a genius to work out that you could end up earning a ton of money if you are able to produce duplication within your team. MLM does certainly offer a unique opportunity. A common practice is to find five or six people that you will work directly with and the idea is to train them to also find a small number of people to work closely with. If you are successful and this duplicates throughout your team then you are 'quids in'.
The interesting point is that if you look at all the business models available, MLM marketing has actually single handed created the most millionaires. Bill Clinton has previously publically endorsed network marketing and you can find videos of this on the internet. There is real potential to create passive income that is earned month in month out regardless of effort, once you get to a certain point.
The sad thing is that most people who try this business don't succeed or make very little money. In fact the failure rate is something hideous like 97%. There are a variety of reasons for this, but the truth is that although it's a powerful business model you still need to be skilled at selling and recruiting.
Many folks will not get the success they want, they are sold on promises of easy riches and quit once it becomes clear that it's not all as easy as first thought. The business works on the basis of person to person referral, so you will definitely need to be a good communicator and relationship builder.
A lack of training from the companies themselves also contributes to the high failure rate. The usual starting point is to make a list of your immediate contact list and call them up and pitch them on your new business opportunity and products. For most this simply doesn't work, they don't know enough people or the people they do know are just simply not interested.
If you are going to be a big player in this industry then it's vital that you figure out a way to have more prospects than you have time for and to position yourself in such a way that people will want to work with you. We are after all in a numbers game, and will get a lot of no's before you get a yes.
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