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What the Heck Is Network Marketing!!??

If you have landed on my website and are reading this article it is probably because you are wondering what the heck Network Marketing is and how it can potentially change your financial future forever!

I know, I know a bit of hype there, but is it really possible??

That is the question most people ask themselves while searching for answers on how to make money from the comfort of their home…

Now before I get into detail on how I can guide you to some powerful information that totally changed my life over the last couple years, let me give you some history on what Network Marketing is.

Network Marketing started with an idea of selling different products and services where the “average” normal every day person could earn a commission for selling it.

Instead of having big corporations go out and market these products or services,  people would earn a commission and also earn from people they personally brought into the business.

However (a great idea), the first network marketing company was banned in the U.S.A.

The company challenged the ban and the model eventually got through the Senate by one vote.

Yes, by one vote!

Today the very same home-based business model is thriving. In fact it’s the fastest growing business model in the world.

And for good reasons…low start up costs, low overhead and the potential to earn thousands and millions of dollars… In fact, this year alone I am on track to do a quarter of a million dollars in my home business… Without a college education or spending thousands of dollars on marketing…

Anyhow, more about me later

Here’s more Network Marketing knowledge…

The WFDSA (World Federation Of Direct Selling Associations 2007) estimates 77 million people worldwide are involved in network marketing either as customers or distributors.

Global sales are $113 billion and rising.

Over the past two decades, many high profile, successful business people have got involved.

As a result, it’s now taken much more seriously.

Here are some familiar names you might know

Warren Buffett, billionaire investor and US government adviser, is one of the richest men in the world. He has three network marketing businesses and says it’s one of the best things he’s ever done.

Richard Branson also has several network marketing businesses and uses the model alongside conventional business strategies in his Virgin empire. For example, he promotes managers and employees to directors of his new companies and he always promotes from within. The companies are independent but collectively Virgin is a huge business.

This is what ‘sponsors’ in network marketing companies do by helping new distributors in their team rise to the top, while at the same time distributors have a growing independent business.

So, you might be asking yourself how does Network Marketing work?

Well it’s very simple…
A lot of people each doing a little is the main principle of network marketing. Work less and make more..Way more!!

The business starts with yourself and it grows bigger as you bring more people into the business. You then train them and teach them how to share the business with others… They make money and you make money as well off of their efforts.

It is working “Smarter, NOT harder”

LEVERAGE

So let’s say you build a team of 100 people who each work an average of 30 hours a month in their business. That’s 3,000 hours per month contributing to building your business.

The people in your team are also earning money in their business and rising with you. That is called leveraging your time. If you work for an hourly rate i.e. exchange your time for money, you can only work 300-350 hours per month maximum on your own.

And you couldn’t do that for very long.

Their was a saying I once read (not sure who said it): “I would rather have 1% of 100 men’s efforts than 100% of just my own efforts.”

So how do you get started in Network Marketing??

Well, like I advise most people that first contact me…

I tell them you need to look out for a few things…

1.) Look for a Network Marketing Company or business opportunity you will be passionate about and could see yourself building and actually enjoying it

2.) Look for a sponsor that will be their for support and guidance

3.) Plan out a marketing strategy, whether you will build it online or offline…

With that said, I hope I have “shed” some light and helpful information on what Network Marketing is and how it can change your financial situation…

 

To your Network Marketing Success!

With My Daughter at Disney…

 

“Six Figure Warrior and Mentor”

Online Marketing, Business Entrepreneur & Awesome Dad!!

I give Network Marketing TWO THUMBS UP because of the life-style it has provided me and my family…

If you are looking to break into the Home Based Business space or are Struggling to build a successful home based business take a look at this... Build a Business, While Having a Life   –  I am always looking for new people that are READY for change and are ready to take action…

Click Image To Work With Me and Experience Days Like This…

Network Marketing and this industry Rocks!

TweetFor some, network marketing can be a field that is exciting and new. To others, it is a way of paying the bills and surviving in a harsh economy. Keep at it and work hard to increase the amount of money coming in.

You can outsource work to another company while you are engaged in network marketing. Outsourcing is good because you might not have the resources or personnel to invest in network marketing. Outsourcing the more trivial aspects of your business will allow more time to handle the most important issues, which speeds up the advertising.

When discussing a networking marketing idea with a prospective client, portray your offerings as a way to enhance their own bottom line. You will have to craft a speech that outlines how your system will turn profits, streamline advertising and even afford peace of mind.

Do not take any shortcuts when you are doing network marketing, mistakes will make you lose out on profits. Put in the necessary time and effort to build a profitable marketing campaign. If the efforts are up to par, success will occur.

Never have a face to face network marketing meeting with a lead that lasts over 45 minutes. This helps the lead see that you are a successful business person.

As a network marketer, your goal should be to develop the leadership characteristics of the most successful independent distributors. Doing this causes you to act in a way that those people would also act or think. Ultimately, doing this leads to a higher success rate.

Focus your network marketing efforts towards new clients rather than friends and family, as this will bring new money into your circle. You want to use network marketing to gain new leads and clients. You will limit the reach of your marketing circle if you use friends and family as a focal point. Bringing in outside clients opens the door to many more opportunities.

Use social networking in your affiliate marketing strategy. You should focus your efforts on pages and groups that are specific to your products and customer base. Start some pages on social networks, and use one page per each product.

A useful communication technique for network marketers is neural-linguistic programming. On the other hand, a “you” statement is always key when presenting an idea to someone to help you get them on board with it. ”

Listen closely to what your networking contacts have to say. The more you learn about your contacts through various social media outlets, the better equipped you are to successfully promote your products. You will learn a lot about your clients such as what they’re looking for and what they like, so you can market more effectively towards them.

It is said we should calculate what we spend every month and multiply it by nine to see how much we will need in the case of an emergency. Network marketing is great for providing that additional income and more!

Don’t let your business become all-consuming. Always make time to maintain your family relationships and other friendships. In the beginning, your business will require a lot of your time. Once you establish your business, you will be able to spend more time with your family.

There is a natural instinct to talk about yourself. Use this to your advantage by allowing your customers to let you know about their lives. You also don’t want to talk about yourself too much. Let the customers do most of the talking so they can trust you.

One great place to find helpful information about network marketing is from online forums that are filled with experienced marketers. When you visit these forums, you’ll meet professionals with years of experience, as well as newcomers to the industry, all of whom can share their successes and failures with you and help you become a more knowledgeable network marketer. Forums like these can also help to do some professional networking.

Be sure to understand the compensation package offered by each network marketing company you are considering. You should opt for a plan that gives you higher returns along with a residual income. Your first sales will be referred to your sponsor. This can be very helpful and is an effective means of gaining leverage for your own efforts.

As you can see, there are many ways you can market your products or ideas. The industry is always changing and expanding. It is those who follow simple tips like these that will survive and grow into a profitable empire