2. If you hold a 9 to 5 job
but want to get into
business, you can say that
network marketing is best
for you.
Before we get into the
specifics of the how and
why, however, let us first
define what network
marketing is.
3. Network marketing is actually a business model that consists
of a network of up-lines and down-lines. In the beginning,
someone will sponsor you to join a company and you become
his or her down line. When you're in, you then sponsor people
so that they become your down lines as well. But this isn't all
there is to it. A networking company should have real
products to sell to real people, otherwise, if it is only relying
on start-up fees to pay its existing members or up-lines, then
it's nothing more than a pyramid scam.
4. Thus, in this kind of business, you earn money in three ways:
the membership fee of your down lines, commissions on
products you sell, and overriding commissions on products
your down line sells. If you're wondering if networking is a
profitable business model, yes it is, and it is best for business
newbies like you for the following reasons
5. Low start-up costs
Unlike brick-and-mortar
businesses, you don't need
thousands of dollars to get
started.
The start-up costs typically pay
for the the rights to market the
company's products, and your
initial stocks of the product
6. Work at your own pace
Because it's not a sales job,
you don't have a boss
breathing down your neck
to make sales. In fact, you
are your own boss and your
success or failure in the
business really depends on
you.
7. Training
Almost all networking
companies offer some kind of
training to help you succeed.
Product trainings are basic
but there are companies that
offer networking training. If
you don't have any
experience in networking at
all, this will come in handy
and helpful.
8. Unlimited potential residual income
Like we said before, one of the ways that you can earn money
in networking is through overriding commissions. This means
that you don't have to work for the money, you can let other
people do it for you. This is probably what makes network
marketing very attractive to many people. Of course, if you
want to make full-time residual income, you need to work at
building a network of down-lines who have you as their
sponsor.
9. Potential full-time income
It may take some time and a lot of work, but it is possible for
anyone to make a full-time income from this type of business.
But of course, before you join a company, you need to make
sure that it has real products to sell that many people want.
Do NOT deal with networking marketing companies that rely
on membership fees alone for its income.
10. If you do the work, it is possible to gain financial
freedom through network marketing. But don't take
our word for it, do it.