There A Truly Easy Way to Share Your MLM Business ?
Let’s start with something simpler first. Understanding exactly what the business is goes goes along way towards being able to explain the business and then sharing your own with confidence.
What is network marketing and is there an easy way to explain it ?
How network marketing is like a startup- and why neither can understand the other.
I need to start this by saying I know a number of people who have their own start up companies,
so let’s get that out there ; it’s part of where I live and the process of knowing some of the same people. And if theyever read this ( which I doubt ) it’s not meant as a negative at all.
So you want to start a new business ? One that will change the world ?
There’s a couple ways to do it, one is with a great new idea, funding and waiting years to make a profit, a
and the other is ( possibly) network marketing.
They are 2 different worlds but both a inhabited by people who want the same thing. I’ve seen people in legit startup companies practically beg for funding because they believe in their dream and I’ve seen people in network marketing practically beg people to get involved in their business for the same reason.
The funny thing to me is, neither really understands the other but they are remarkably similar in some senses.
In both, when you are starting out you are trying to raise capital and in both there is a huge potential payoff after a lot
But being a part of a startup just sounds cooler right ?
Sure it does! Because not everyone can do it.
But on the other hand, anyone can join a network marketing company. You can invest in the business and not do anything.
Never make a dime really.
But for those people that don’t have a great idea or a lot of patience- it can be an opportunity they wouldn’t find anywhere
Talk to someone who joined a network marketing opportunity, learned the ropes, took action & went on to build a wildly
successful business that pays them a solid six-figures, even multiple six-figure annual business and they will tell you:
“Network marketing is the greatest opportunity in the history of mankind for the average person without a lot of money to
invest to become financially free.”
Someone else who has joined a few different opportunities over the years but who never really got in and “did the work”
required to build a business and they might say something like this:
“Network marketing doesn’t work. The only people who make big money are the people who get in early.”
So who is right? And if you think about it, neither really answers the question: “What is network marketing?”
So What is Network Marketing?
Wikipedia says network marketing is a way of doing business in which a sales force earns a commission not only for
sales of products and services they personally generate, but also for the sales of others they recruit and bring into the
business, which creates a downline of distributors and a hierarchy of multiple leveraged levels of compensation.
What is Network Marketing? Think Franchise!
Consider a franchise operation such as McDonald’s.
McDonald’s is one of the largest fast food organizations in the world. You probably already know that.
More than 80% of MacD’s restaurants are owned and operated by independent business owners or contractors.
Now if YOU owned the mother-ship corporation, you not only earn money by selling burgers, fries and shakes from the 20% of
the restaurants YOU personally own and operate… you also earn a tiny percentage on all the sales made by the entire
organization including the other 80% you do not own or run.
This is LEVERAGED income. and that is huge.
Here’s another way to look at it…
Let’s say you earn a $100 commission for selling a particular product and it takes you two hours of “work” to make a sale.
Break that down and your time is worth $50 per hour. Put in a full 40 hour work week and you pocket a nice $2,000.
Let’s also say you have spent some time “recruiting” a few people to join your team who also want the chance to earn $100 per sale and you earn a nice $10 check for every sale THEY make. Now you are creating leverage income and going from just being in sales to building a business.
It’s simple math right ? But this is the part of network marketing- the recruiting- people shy away from, even thought it’s the one that also makes the most money.
Network marketing is a career choice and a profession.
Network marketing is a path to fame, fortune and time freedom.
Network marketing is a leadership development platform.
Now, if you’re like me, and not very good at recruiting or even selling, in your warm market- here’s exactly what I did to take my business online and begin growing it that way- hands-free…