Many people join MLM's aka multi level marketing, or network marketing everyday with the hopes of earning money very quickly. Looking to achieve "financial freedom"? We're told there's not really much to it, in fact it's pretty easy. All we have to do is share with family and friends about these great products and the results we're getting from using them. People will sign right up and - whamo - watch the money fly in. Sounds pretty simple, right? Anyone can do that - can't they? While this is all partly true, there are a few things we can do to make sure that we are a success in this business.
First of all you need to realize something. Network Marketing is a REAL business. If you understand this and treat it as such you can earn very substantial income. How fast it happens really depends on you. You'll "earn as you learn" so to speak, but you do need to educate yourself - not only with regards to your company products, pay plan and any guarantees they offer, but the industry as a whole. There are many available tools to learn from including books, cd's, dvd's, websites, articles, ezines and talking with other people in the business. I don't mean those who did it for a few months, quit and now go around giving MLM a bad name, I mean people really doing it either earning some additional monthly cash, or full time income from it. Talk with them, ask questions and learn what they know. Then get committed, be consistent and be teachable and you're well on the way.
An important point to keep in mind is that many MLM distributors have NO previous business experience. Being a great employee in someone else's business doesn't mean you automatically have the skills to step up, take charge and run it. In fact, it's not natural for most people who are used to being told what to do and when to do it - to now be in charge! When you join a network marketing business, it's now YOUR business and you're in charge of what and when you do things and how it's managed. It's a whole new learning curve and work ethic and it does take some discipline.
It's also important to realize Network Marketing "success" only comes with duplication. You want to duplicate what you are doing and teach others to DO what you're doing. This is the way to grow an organization or downline, of real size. It's great to have happy and satisfied customers, but that's not big money. The 5 and 6 figure earnings (per month), happen when active distributors under you are duplicating on down the line. We want to find those who are interested in the opportunity we are offering, those looking to grow a Home Based Business by sharing our products and our opportunity.
Where do we find those qualified opportunity seekers? We'll talk more about that next time.