Network Marketing Made Simple
Nowadays, it seems like everyone has a friend or relative managing a home-based business. There are bloggers, authors, counsellors and individuals pursuing any number of other careers. All of these industries have their own advantages, but none of them can compare to the potential of network marketing. This form of self-employment has actually been around for nearly 100 years, but it was the sudden rise of the Internet that allowed it to explode in popularity.
Today there are hundreds, if not thousands, of marketing companies ready to work with you for mutual benefit. Even better, all you need to get your own financial freedom started is an entrepreneurial spirit. The networking lifestyle has been called the perfect home-based business by famous investor Warren Buffet, and with a little research it's easy to see why.
What is Network Marketing?
Before you can decide whether self-employment is right for you, you first have to understand what network marketers do. The system is built in a loose hierarchy, though there are no bosses and everyone is an independent worker. Instead, each individual selects products that he or she is passionate about and sells them to friends, family, acquaintances and even strangers. This is often done by hosting house parties, which allow a cozy and relaxed atmosphere to make potential customers comfortable.
At the same time, marketers also recruit new business partners and earn a percentage of what each referral earns. In this way, many people end up making most or all of their income from the work of others! Choosing a high-quality product, learning how to make a sale and helping those you have signed on are the three most important skills you can have as a network marketer. In exchange, you are given an exciting business opportunity to build a lifestyle you might never have thought possible. These are the six key advantages to network marketing that make it the best home based business option.
A Strong Support System
When you begin to work from home in other careers, the transition can be precarious and frightening. There's no guarantee of success, and financial freedom can only be bought with a little risk. Network marketers, however, always have mentors available with a vested interest in their success. You are not just some petty employee to be wrung dry; you are a partner whose prosperity has a direct effect on those around you. That means you should have the training and guidance of an experienced marketer as you find your legs and begin building your own "downline," or recruits.
An Independent Business
Being able to work from home is a dream come true for many people. You can choose when to wake up, craft your schedule around kids and set your own weekly goals. You're no longer tied to the whim of an employer, who may or may not decide to lay off half the company one day. You have the financial freedom to make as much as you're motivated to, without limited hours, but you can also take breaks as needed with no one to answer to. On average, even the most successful network marketers only work a part-time schedule.
On the other hand, what is usually a benefit is also the main cause of failure within this lifestyle. Some people simply need to have a manager ordering them around all day. There's no shame in it, but if you are the kind of person who sees a business opportunity and then sticks with it, you will certainly achieve more by doing so.
As mentioned earlier, one of the more appealing aspects of the system is the downline. This is what distinguishes network marketers from everyday salesmen. A practical example is often the easiest way to explain the concept. If you have managed to bring 10 people into the program, and they all make active sales, you will earn a portion of each person's income. If they each then recruit 10 people, you will also receive a smaller percentage of the sales of those 100 individuals. It's easy to see, the longer you stay with a company the more your income base will expand.
Making sales is, obviously, the starting point in this field, but you may eventually find that you wean yourself off it in favour of cultivating those beneath you. That might include throwing parties with them, offering advice and helping them reach new members. Very few careers offer such potential to move up within an organization, but with network marketing the sky is the limit.
Work You Love
It's no secret that most people only take a passing interest in their jobs. Can anyone really say that filing paperwork all day is exciting? When you work from home, you're saying "no" to meaningless drudge work and pursuing a career you're genuinely passionate about. There are networking companies selling almost anything, meaning anyone can find a worthwhile niche. Plus, once you have a direct investment in your own success or failure, you'll find that work becomes far more interesting.
This is a business opportunity that thrives on sociability. If you can make friends, you can make it in networking. Every day brings fun new possibilities and challenges. You might meet your most lucrative new partner at a bus station, if you have the foresight to strike up a conversation. Travel is common to expand your territory, presenting a chance to combine both business and pleasure. You don't need to spend 40 hours a week slaving away to be happy; in fact, it's typically the main barrier to happiness.
Limited Initial Investments
Marketing is an equal-opportunity career. You don't need a college degree, social connections or a vast fortune to get yourself established. It is, perhaps, the fairest business opportunity you'll ever find. You are judged not by gender, race or social statues, but only by your ability to develop contacts and make sales. Where others emerge from college saddled with tens of thousands of dollars in debt, you could be building a lifestyle that will last decades.
You don't need a stellar resume or the perfect interview, and no one cares about your credit score or past history. If you are willing to work and take responsibility for your own financial freedom, you are welcome in networking.
Finally, the greatest benefit of working as a network marketer is the fact that there is no end to your "promotions." With the right ambition, your home based business can make you a millionaire, or at least comfortable for the rest of your life. The only limitation is your own passion. If you would like to work from home and begin your new lifestyle, don't let this business opportunity pass you by. The sooner you begin, the better your odds of becoming the next big success story. Start exploring network marketing companies operating in your area today.