Many people have bad view of the Network Marketing Business. Give yourself a chance. Network Marketing, according to Robert Kiyosaki, is The Perfect Business.
What are the Tips For Network Marketing and MLM Success?
Do your due diligence, choose your company wisely. Check the network's company rating with "The Better Business Bureau" and find out how long it had been operating and how much products has it sold within its years while in the industry.
Speak to the leaders and people in the lower ranks to get a feel of the business and if there are a lot of negativity then you got to think twice before joining. Please understand there is no perfect company and there are bound to be some negativity especially from those who are not getting good results and usually it is because they didn't really put in enough effort to build the business!
- You must choose a product that you are enthusiastic about. Understand the benefits of the product and use it so that you can truly endorse it for others to use. You got to be your own best customer.
- You must understand the compensation plan. Learn how much commission you can earn from your sales and what you need to do to receive your initial commissions.
- You must have good training and support. Most MLM companies provide good training and support . Be willing to invest in training and support materials to grow your business. Learn as much as possible and ask questions. Attend training as often as possible and ask the experienced leaders to share how they became successful! To be successful, copy what the successful leaders are doing!
- You must be teachable and willing to commit time, money and effort to learn from those who are successful. You must help the people you bring into the business to be successful because their success is your success. This is why this business model is so powerful it is based on win-win. There are many people who are willing to help you be successful.
- Look for good leaders who will support you, do not make your upline an issue, this is your business and if you cannot get the support from your sponsor, work further up with your leaders because there is always an active leader up the line who is willing to support you!.
- Help your organization to be successful. This business is about building lifetime friendship. The first 90 days is critical to your success, you must follow up closely on those who are new to the business and constantly give them training, support and encouragement.until they have achieved a certain level of success.
- You must duplicate yourself. MLM or network marketing is a business of duplication. Do the right things and your organization will grow, expand and prosper!
This business is about working smart, leveraging and building a great team. A great team may take one to two years to build and that is why you must have the patience to give your business one to two years to grow. Don't have the get-rich-quick mentality that has gotten many people into money games that encourage you to invest substantial amount of money or even small amount of money with big promises of lots of money with little effort from you!
You must waterproof your people from negative thoughts and sharkproof them from "sharks" who promise people the moon and leave them in the mud! That is why it is very important you ensure your people attend training as many times as possible. - You must leverage on the Internet. More and more people are using the internet to promote their business. Learn to set up a simple website and how to capture leads with an autoresponder. Your leaders will help you to set up a simple system to capture leads.
- You must give yourself at least one year to see good results and again, this will depend a lot on your commitment of time, money and effort to make it happen. "Mirror, mirror on the wall, who is the cause of it all?"
- Many businesses start with a capital ranging from $50,000 to $500,000 and takes two to three years to break even – to recover their initial capital - which means they haven't made a cent yet! In MLM or network marketing, you can start with about $500 and you can break even in one to two months and start making money in your third month!
Top leaders will usually work hard for three to five years to build a strong organization before they take things easy because you must keep the momentum and build the business to the extent where it will take a life of its own with strong leaders building the business whether you are there or not!
MLM or Network Marketing is a wonderful business based on universal laws and you must work with these universal laws such as The Law of Cause and Effect, The Law of Averages, The Law of Multiplication, The Law of Gratitude and The Law of Multiplication. These universal laws will always ensure your success.
If you are not happy where you are today and you want to work smart and leverage your time and effort to create a lifetime residual income, you must do yourself justice by taking a good look at the MLM or network marketing opportunity your friend is offering you.
Everything happens for a reason and there is a saying: "When a student is ready, a teacher will appear."
I leave with you a powerful quotation by Elbert Hubbard, an entrepreneur, philosopher and author, "Don’t sit in the meadow and expect the cow to back up and be milked, go after the cow!" Just do it! MLM or Network Marketing can certainly help you achieve your dreams!
