MLM and Network Marketing Opportunities are based on a parent company (brick and mortar) that sells its products through independent distributors. The main reason for this, is to save money on one of the largest business expense of all: Advertising.
This is great news for the person who wishes to earn income from home or anywhere in the world for that matter. MLM and Network Marketing is good for you and for the company that is selling the products. They get their products in front of the right customers and you get an opportunity to earn immediate and passive income. It’s a win win situation for everyone.
If you are seeking a legitimate way to earn income from home then you will need to really get educated on this industry.
1. Replace your income.
2. Change your lifestyle.
3. Become self-employed.
Yes all 3 of the above statements are 100 percent true but only to those will make the transition from an employee to an Entrepreneur. Remember this. It is very important.
If you truly believe that you are a stand up type of person who is willing to put the time and energy into your own business, then keep reading.
Here are 6 things to start looking for:
1. Look for a good company with a proven system. The system should be a duplicate able system that you can plug into and get results. The system will be responsible for selling the products and for teaching you every aspect of the business.
2. Look for good products. Make sure that the products are something that people actually need in this day and age.
3. Compensation plan. If you are thinking of replacing your income and working from home full time then you will definitely need to be able to make real money from each sale. Stay clear from nickel and dime compensation plans because that is exactly what you will make. Anything that is cheap to get started with will usually not make you much income unless you make a couple thousand sales. Use your common sense and even take out your calculator. Do the math.
4. Look for a leader. Someone who is serious about his or her business and who will be there for you for the long run.
5. Training. This is probably the most important aspects of running any business. Most people quit their MLM or Network Marketing business because they aren’t willing to go through the full learning curve. Most people quit before they really get any results. Make sure that the company offers excellent training that will help you shorten your learning curve. Take your training as seriously as you do your job.
6. Longevity. Look for a company that has been around for more than 3 years. If they have lasted that long, then most likely they have faced every level of financial repercussions and still succeeded.
Now that you have an idea of what to look for in an opportunity, there are still a few things to consider. You must treat your business seriously if you are planning to make consistent income. If you find a good opportunity, then it will be up to you to stick it out and actually learn how to do the business. If you are used to getting paid for your time, you will have to get used to being paid for your results. Getting paid for your time nowadays means just over broke (j.o.b). The people that get paid for their results are the people who have more control over their lives.
The irony of this is: In order to become successful in your own MLM or Network Marketing Business, you will have to treat it like you do your job. Show up each day like you do for your employer and you will definitely make it.