Want to Know the Truth About Network Marketing?

 

Myths and misconceptions surround the network marketing industry and it is the most misunderstood business model in today’s world. And yet…millions of individuals are living their future today thanks to this type of business. In my opinion, network marketing is the best business model available to anyone who desires to work hard and achieve great results, but first you must know some facts. If you want to know the truth about Network Marketing…keep reading.

 

1. The biggest misconception is that  Network Marketing is a pyramid scheme and is therefore illegal.

The truth is that every business including the government is structured like a pyramid. There is always someone at the top and others working to support the business. A pyramid scheme offers no products or services, and pays according to the people you recruit into your business (if it pays at all). It’s easy to see why this is illegal and NOT sustainable.

Network marketing companies offer products and services, which are sold to consumers. Simple. In this case, recruiting or inviting others into your business is how you grow a team of like-minded individuals to share products and increase sales volume, ultimately make more money. You only know so many people. It’s not just about who you know but who they know.

2. The Guy at the Top is the Only one who makes any money.

Nothing could be further from the truth. The guy who works hard, finds a company that has a product that delivers results; has outstanding corporate leadership; has a growth strategy in place and offers excellent training for anyone who joins, is how you make money. Don’t think for one minute that this business doesn’t require you to work, but the difference is that you don’t have to punch a clock and if you are driven to make a change in your life and are coachable; willing to make some exchanges of your time in the beginning; and focus on growing your team and sharing your products, then you can and will see your income grow. You are in charge of your destiny. It’s 100% up to you.

3. You have to get in on the ground floor or you’ll never make any money.

This is simply not true. How many brick and mortar businesses sell similar products and weren’t the first to sell them? How many colleges are there? How many apps are there for your phone? Is the legal field filled too crowded? And yet, no one ever tells their son or daughter not to go to law school because the market is saturated.

Is it great to get in on the ground floor? It can be, but most successful network marketers don’t always get in at the beginning, and this shouldn’t keep you from exploring the value of doing business differently. This is a level playing field and everyone begins with the same opportunities, but there is no cap on how much you can earn.

4. Only losers do network marketing. 

It’s true that many individuals who enter network marketing have lost a job due to these economic times, but loss of a job or a desire to supplement an income that isn’t going anywhere does not constitute being a loser. Some of the greatest business leaders of our time have endorsed this business model. Think Jim Rohn, David Bach, Robert Kiyosaki and Zig Ziglar, just to name a few.  Warren Buffet owns several network marketing companies that are publicly traded in his Berkshire Hathaway fund. He has been quoted as saying “It’s one of the best investments he has ever made.”

5. No one really makes money in Network Marketing.

If this is the standard by which Network Marketing is judged, then don’t the same principles apply to corporations? And while it is true that only 2-10% of those who have joined a network marketing company make large sums of money, others are supplementing their incomes on a strictly part-time basis because this is what they want. For many, this business has been the catalyst to pay off debt, or send their children to college without taking out massive student loans. The choice is always up to the individual. If the individual treats his/her network marketing business LIKE A BUSINESS and decides to follow a proven plan for success, then the rewards can be great.

I am a living example of someone who replaced her six-figure income in 2 1/2 years thanks to network marketing and I don’t consider myself a loser, since I’ve built three very successful traditional businesses over the last thirty years.  Today I have a life that lights me up and I have the blessing of being able to share with others exactly how to succeed in the Network Marketing industry. I’m not only dedicated to my personal success, but also to my team’s success.

Perhaps you’re at a crossroads in your life or you’re feeling unfilled in your current job or you just want to earn some extra income; maybe this is the time to open your mind to what IS possible and learn the truth about Network Marketing.

If you want to learn more, I’d like to talk to you. Please get in touch with me here.