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Make Money from Network Marketing or MLM

on Saturday 3 September 2011


It is said that 10% of new millionaires in the U.S. over the last ten years have done by building the business through network marketing. Even famous writers and business people such as Robert Kiyosaki (Rich Dad Poor Dad), Donald Trump (Trump University) and Tony Robbins (Robbins Institute) have all stated that home based businesses and especially network marketing, direct marketing and MLMs, the biggest growth industry of the next decade.

The highly respected Forbes magazine predicted that an incredible 79 million new home based businesses would begin in the next three years. That's more than 500,000 a week - and only in the U.S.
Now that is certainly not to say that the MLM business model fits all. There is always a fairly large drop out or failure rate, but then that applies to almost any business, online, offline, MLM or whatever. Most companies tend to fail in their first four years, but from the tens of millions that are launched every year, there are plenty who do succeed.

Entrepreneur magazine estimates that the U.S. home-based business industry can be worth over $ 420 billion one year, which is more than pharmaceuticals, food and consumer goods in combination with an average home office household earning $ 65,000 a year.

With growing financial onzekerheid, job lay-offs and a shift in thinking for a better lifestyle, home based businesses to set up as either an extra part time income or replacement of primary income can only grow tremendously in coming years .So exactly what is needed to succeed with a network marketing company. Most experts tend to agree on the following characteristics:

1. You must be willing to "network" with like-minded people. People who join the network marketing business and never do anything to get anywhere. The only way to succeed is to get involved and build your business. Now this does not mean you are a leech to your friends and family and sell them stuff, or put them on. On the contrary, the most successful MLMs run the right companies; they learn the value and develop the skills needed to generate quality leads for their business. People who are already searching for products or services they offer and sell their products.

2. You must have some knowledge of marketing, or are willing to learn. The Internet is a godsend for people who create to generate any kind of business. Gone are the days when you had to run newspaper advertisements, radio advertisements and letterbox drops at generating leads. Nowadays, anyone looking for just about everything is looking online. So all you have to do is know how to get your message to the people who are already looking. Most good network marketing companies’ offer some sort of basic level of marketing support, but it's always a good idea to look for people willing to go the extra mile to teach you everything you need to succeed.

3. You must be prepared for the real thing. Many people join network marketing companies looking for "get rich quick". But the reality is, most of them are not willing to do the work required to successfully do. Yes there is a lot of money in network marketing, but it's not a sure thing, you still work hard, especially in the beginning if you want your business to decline. (Just as you are in a business venture or anything else worth for that matter)

4. Belief in the products you sell. It should be obvious, but needs to be said, make sure you choose a company that sell products that you actually believe in, using and are happy to recommend other people use.
To succeed in your business you are going to spend much time talking about your products, so make sure it is something you can relate to and enthusiastic about the sale.

So if that sounds like you, then maybe you have what it takes to build a successful network marketing business. So the only question you should ask yourself now is which company will be with you ...
Here is a list of some of the more popular network marketing companies are today:


• AVON (Makeup & Cosmetics)
• Pyxism (Travel & Holiday offers)
• Mary Kay (Cosmetics)
• Melaleuca (Spa Products)
• Herb life (weight loss products)
• Life Path Unlimited (Personal Development Courses)

If you think that network marketing could be for you, not to mention the above points and make sure you are a company with a good support network to help you get started.

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thanks for your interest