Why network marketing

Get email updates from Barbara :. The opportunities have never been greater for success than it is now with all the resources available online. To be really successful in network marketing it is very important to understand why you should even bother. I decided that to help you with either your belief or with what prospects say, you will have some great information to get you motivated and on the right path.

Here are 20 reasons why network marketing may be your best option, though I could give you many, many more. Work From Anywhere : This has been one of Americans biggest dreams is the possibility to be able to work on their laptop from anywhere around the world. To me this is priceless. As long as you can get internet connection you can run your business.

If anything changes in your life you just move to another state, city, etc. Your Own Schedule: This is a big one for me. If I have an appointment I do not have to ask for time off work from a regular job. Because you can set your own schedule, it is also very easy to not work your business in network marketing so you must become disciplined if you want to grow the business. You only get out of it what you are willing to put into it. In a traditional business the same holds true as well, however, you have a far greater investment at risk.

Low Cost of Entry: With network marketing companies you can start with just a computer and a small investment to get started. Some have even started with no money to invest. Only time and hard work. No Employees: This in itself should make you take a serious look at network marketing.

There are no payroll worries, tax worries, workers compensation worries like you would have in a traditional business that are all cost associated with employees.

No one asking for salary increases or just plain old making sure others are getting the work done for you. The only employee you need to worry about is yourself. In a traditional business sometimes you wait 90 days or more to collect their money.

With a home based business you will receive some of the same tax breaks that the rich are already taking advantage of.

You can have access to over tax incentives that rich people know about and take advantage of! The tax benefits alone are generally greater than the cost to get started.

I have even heard of someone that was bedridden becoming successful in their network marketing business. No Commuting: Just imagine the time and money you would save from not having to commute back and forth to your business or day job. One thing we can never get back is time.

Time is something we seem to never have enough of. I personally do not consider sitting in rush hour traffic a good use of my time. Security: We hear everyday of companies laying employees off. As you nurture your relationships with the people in your network, ask them to introduce you to the people they know who may be interested in what you have to offer. Sure, it may feel strange the first time you ask, but your biggest advocates would be honored to share your products and services with their favorite people.

Many are likely already singing your praises to their networks anyway. All you have to do is ask. As a business owner, your business is always on your mind, specifically, thinking of ways to increase your network.

Lead generation is essential to growing any type of business. In network marketing, lead generation occurs during a Power Hour. A Power Hour is an hour you set aside each day to check-in and follow up with your network. Just break it up into smaller segments of 15 minutes, 30 minutes, or whatever you have time for throughout the day. The point is taking some time out of your day to commit to your business.

As your mind grows, so does your business. Read books about successful people or listen to the audiobook to learn and adapt their habits of success. Listen to motivational podcasts and music that encourage you to succeed. Commit to training and courses that keep you on the cutting edge of your industry and business. If you want your network marketing business to grow, you have to build your network.

That means building trust and deepening your relationships with the people currently in your network and adding more people to it. As stated above, your network is limitless. Another way is to ask for introductions by the people in your network who are your biggest advocates.

Second, they are already familiar with you and your business and may have been curious about giving a try anyway. In order to build trust and, eventually, loyal advocates you have to maintain consistent communication with the people in your network.

Network Marketing is becoming an increasingly popular business model that people from all walks of life are joining. Network Marketing is a business based on individuals making sales of a product or service through their own network and earning a commission. Many companies also offer a second element of payment based on people introducing others to the company and starting their own business. There is usually an initial, low-cost start-up payment with a network marketing company of your choice.

This startup is extremely minimal in comparison with starting your own, independent business or buying a franchise. Hence, it is a very popular option for those interested in entrepreneurship without the need for a large financial outlay. Within the U. S alone in , S economy in just one year. Network Marketing is a huge industry that keeps growing due to its financial appeal. However, this is not the only reason people are looking more and more towards network marketing.

As touched on above, with a small initial start-up cost, you are able to start making sales and earn a commission from everything you sell pretty much straight away.

Most network marketing companies have a second element to the business model in which you introduce the business to people within your network. Anyone who joins the company through you becomes a part of your team and, essentially, known as your downline. If they then introduce someone to the business, that person also becomes a part of your extended team.

Within most network marketing companies, for each individual who is within your downline, you will earn a percentage on anything they sell as well compensation plans do vary for each company.

There is no upper limit to your earning potential and many companies also offer additional incentives such as holidays, monthly bonuses, jewellery and even a high-end car.

Though you have joined a network marketing company, they only provide the framework and guidelines, otherwise, you are your own boss. You have the ability to be able to choose the hours which suit you and your present commitments.