If you are researching network marketing opportunities look for those organizations that cater not only to your financial growth, but also to your personal development. Look for opportunities that are built on relationships as well as other types of rewards. Integrity is a major component of the enlightened network marketing organization
The truth is that opportunities do exist and the rewards can be great. However, success often comes to those that are able to work within the system’s framework. And, as in other walks of life, the most successful network marketers are those that are highly motivated. Your success will be measured, not by your own achievements, but by the achievements of others within your organization.
Every new industry is faced with the challenge of establishing their collective identity and ethics. Network marketing has been no exception. However changes within the industry are occurring and people’s perceptions of the industry are changing
This is reflected in the growing number of individuals from all walks of life who are embracing the concepts and rewards of network marketing
How to Adjust to your Network Marketing Lifestyle
by Brent Payne
You are thinking of dropping your old career to work in the field of network marketing, but are you equipped to handle this lifestyle change?
A new network marketing lifestyle is an exciting and prosperous venture, although letting go of that old comfortable routine of going to work might take some adjustment. There are some things you should consider before taking that step.
How can you stay motivated to work for yourself, without the influence of bosses or co-workers to motivate you? You may be used to your boss telling you what you are doing wrong and how to fix your mistakes. There may be other employees that you are working with that you have trouble getting along with.
Presently you may wake up, go to work, and have an established routine. Your lifestyle revolves around your job. Perhaps you wake at 6 am to get in traffic with other people who also dislike being up so early. You only get so many holidays, so many paid vacations and sick days per year.
You have the advantage of getting paid regularly and receiving a paycheck every two weeks or so. For many people involved in making the move from a regular job to network marketing this takes some adjustment.
So what changes will happen in your new network marketing career?
First, enjoy the fact that you no longer are on a time schedule that is out with your control. You can work when you like and develop your own work and leisure schedule. Thanks to the Internet and associated technologies, you don't always have to be in an office to do your work. You can determine your work schedule and still be successful.
If you have a product that is in demand you can work as much as you feel is needed. If you work only a couple of hours today and you achieve your goals then you can focus on the other things that are important to you such as your family or golf game.
You can also readjust how you work. You'll be able to directly see what works and what doesn't. You are no longer one part of a large organization where you play no part in the end result. Now you can see the results of your work immediately.
Finally, getting paid is no longer something you have to worry about. Just keep reminding yourself; once you settle into a rhythm with your network marketing opportunity, you'll be making more in less amount of time than you would at any job. You can control how much you make and in most cases, you can actually formulate your efforts and the results you want to achieve. You determine the level of your success.
Working for yourself does take some adjusting to and you do have to be consistent in your efforts. However it really does get easier as you start to work within the network. Most network marketing entrepreneurs will agree that being in control of their own lifestyle is more rewarding than any other career choice. As part of a community, if you are faced with a challenge or need motivational assistance, then help from other members of the community is always available. This means that the potential to grow into the lifestyle of your dreams is completely within your control.
What is Network Marketing
by Kevin Quigley
To begin with, the concept behind network marketing is simple. Sharing - through product or business philosophy - is the basis of network marketing.
Network marketing is a multi-billion pound industry involving millions of independent business people around the globe. Large companies like Gillette, Colgate-Palmolive, Kleeneze Europe, AT&T and others, have all turned to network marketing because of the very real edge it gives them in both domestic and international marketing.
Network marketing is a 'BIG' small business, which offers everyone, with or without business experience, the opportunity to start and run a home-based business that works. It is the last frontier where ' the little guy', (people like you and me) can make it BIG.
NETWORK MARKETING
Vs
TRADITIONAL MARKETING
The traditional way of marketing products is to move them from a manufacturer through a network of middlemen. National Wholesalers, regional wholesalers, Cash & Carry warehouses, retailers, - the middlemen - all add their valueless' percentage to the price of the product.
By the time the product reaches you the end user, you're not only paying for the product, but a percentage of the price for each and every middleman in the network. In network marketing there are no middlemen. Instead of paying them, a network marketing company will pay you for
whatever amount of product you cause to be 'moved '.
As a sole individual operating alone, the amount of product you could 'move' from your own efforts, would be relatively small. In network marketing however, the amount you 'caused'
to be moved indirectly could be huge.
Here then is the essence of a network marketing compensation plan. For not only will you be compensated for the product you personally cause to be moved from your own direct efforts,
you will also receive indirect compensation for product that your 'organisation' 'causes' to be moved.
YOUR ORGANISATION
To be successful in network marketing you will need to build an 'organisation '. That is to say you will need to share the benefits of both the products and the business opportunity with others. In network marketing this is referred to as your 'downline'.
The 'serious' money to be had in network marketing is to be had from what is termed as 'over-ride' commissions from the movement' of product from the 'downline' your 'sponsor' will help you to build.(In network marketing it is the responsibility of your introducing 'sponsor' to help you build your 'downline'.)
All you need to do initially to build a 'downline' is to share' with others the information about the products and the business opportunity.
Theoretically, if after 'sharing' the information with others and you subsequently attracted just five like-minded individuals who decided to join you in your network marketing business - for illustration purposes only - your 'downline' could equate to the following after five levels of geometric growth:
You
You sponsor just 5 people into your business.
Your level 1/ 5
They duplicate your efforts and each sponsor 5 people.
Your level 2/ 25
These 16 duplicate your efforts and each sponsor 5 people.
Your level 3/ 125
These 125 duplicate your efforts and each sponsor 5 people.
A little arithmetic will tell you that's theoretically a total of 3,906 people on your fifth level.
AN UNLIMITED INCOME POTENTIAL
Imagine the power of a business-building plan that would pay you an agreed 'over-ride' commission on each and every product moved' by each and every one of those 3,906 potential distributors in your downline. Network marketing then is about a LOT of people 'moving' a little product. The more people you introduce, the greater your income potential.
If you want to toss aside the potential earnings on offer as being ridiculous or impossible - DON'T. I personally have met people who are earning £5,000 to £50,000 per month (yes per month) from network marketing for part-time effort. Though the majority of networkers earn hundreds rather than many thousands per month, (most working part-time) it must be understood then that if you are to make serious income, you must put in serious effort. No free lunches here!
SO HOW DO YOU CONVINCE PEOPLE TO JOIN YOUR BUSINESS?
The simple answer is you don't. You want those who convince themselves. If they are truly looking for a way to become successful, then they'll come to you to go after it. The key to achieving success in network marketing is not to be had by convincing people, but by helping those people who want to become successful themselves.
WHERE DO I FIND PEOPLE TO JOIN ME IN MY BUSINESS
As it has been estimated that 20% of the working population - that's approximately 6 million people - would be interested in starting their own business, the marketplace in the UK alone is truly enormous. With a recent MORI poll indicating that 50% of 16 - 25 year olds were interested in starting their own
business, the marketplace is actually growing.
One of the most important things to recognise is that the most precious resource available to you is in the new blood - the millions of business opportunity seekers who are not presently involved in networking. For it is there that you will find the success stories of tomorrow for your downline organisation.
CHOOSE THE RIGHT COMPANY
In any successful business it is the quality of the product or service that is being offered that is the single most important aspect for its success.
The most lucrative compensation plan in the world will NOT provide you with an on-going residual income if the product or service doesn't provide tangible value and benefits for yourself and your customers.
Provide a product or service that people need, want, coupled with a business opportunity they are willing to tell their friends about and you can build yourself a business empire in network marketing!
TIPS FOR THE TOP?
Tip# 1/ If you're already involved in a network marketing programme and you're being's old' primarily on the benefits of the compensation plan with the product or service being offered as a secondary consideration, then read the above paragraph again and MOVE to a company whose products or services 'move '.
Tip# 2/ Ask yourself this important question: Is the network marketing programme I'm considering joining one that I'm willing to share with my friends and family? The comment "I don't want my friends and family to know what I'm doing, l want to become successful first - then I'll introduce them!!" is almost legendary in network marketing. (A comment oftimes made by failed networkers who had no real belief in the company or the products they were promoting in the first place!) If you immediately feel comfortable with the prospect of letting your neighbours, your friends and your family know about the network programme you're considering joining, have belief in the company and its products, have confidence in your introducing sponsor, then you have probably chosen the right company to work with.
Tip# 3/ Don't be impatient by expecting things to happen overnight! Building a moderately productive downline in any network marketing programme takes time - at least 6 months.
Tip# 4/ Read tip 3 again and avoid like the plague any company which suggests otherwise or does not require you to invest in the development of a customer base. If your prospective sponsor in the network marketing programme you're being invited to join doesn't stipulate that it takes TIME to build a significantly productive downline then it's not a business your being invited to join but a game - and one you're bound to lose!
Tip# 5/ If you want to dine with the classes - deal in products or services wanted by the masses!
If you have tried Network Marketing before and failed, you probably chose the wrong company, the wrong sponsor, or the wrong product.
IS NETWORK MARKETING FOR YOU?
A message from the Prime Minister the Rt. Hon. Tony Blair MP to the Direct Selling Association.
" I'm delighted to offer my support to the Direct Selling Association and point out to you how big a part direct selling is of our domestic market in the sale of goods and services. We've got something like 13% of the entire home shopping market done by direct selling, almost half a million people are involved in direct selling and 40,000 of those are doing it full time...It also shows how, in a changing economy and changing labour market, there are great new opportunities out there.
I want to say to you that this is a good thing to be involved in and that we, as a Government recognise the tremendous contribution that people who are taking up direct selling opportunities can make to the overall prosperity of the economy. So it is well worth doing, well worth being involved in and I wish those of you who are engaged in it, the very best for the future."
The above is the text of a video message given to members of the Direct Selling Association on the occasion of the DSA's Annual Conference held at Hinckley Leicestershire on 5-6 May 1999. (www.dsa.org.uk)
TO SUM UP
Network marketing isn't for everybody. While some people swear by network marketing, others simply swear! (Read tip No. 3 again to find out why). To succeed in network marketing you will need determination, commitment, enthusiasm and most importantly - a burning desire for success. If you believe you have those qualities get back to the person who provided you with this information TODAY.
P.S. To find out more about the benefits of becoming involved in the Network Marketing Industry log on to:
www.ludbrook.com