I was thinking recently, what if everyone was in network marketing? Would that kill the industry? Everyone is running around selling their stuff and looking for people to recruit. Would you be able to find anyone to buy your product or join your team? Is there such a thing as too many network marketing companies and much network marketing competition?
According to Wikipedia, network marketing began back in the 1920s or 1930s. In a lot of ways it hasn’t changed much since then. Regular people look for customers to sell product to and new sales people to join their teams. Most of the people that I know in network marketing still use the same face-to-face techniques too. They can be very successful and still not use the modern communication tools that we have available now, like the Internet. I prefer to use the Internet in my network marketing business. I call it Internet network marketing. But if they are so successful offline, then why Internet network marketing? Why not stick with what has worked for almost 100 years?
Have you seen the stories lately about how robots are taking all of the jobs? Automation, especially in factories, is forcing people out of work. In my field, software development, we faced outsourcing projects to other countries. In some industries, they outsource the entire factory. You need to know how to protect your income from the changing times.
In a lot of cases, using robots in a factory is a lot safer and more efficient. They significantly cut down on the number of injuries. But how do you make a living if you are one of those workers who gets replaced?
From my experience, outsourcing software development to other countries just doesn’t work. Sure, they can save a lot of money with cheap developers, but from what I saw they pretty much got what they paid for. Failed projects get very expensive because they have no return on investment. Regardless of my opinion, it still happens. And just like the factory worker, you wonder how you’re going to pay your bills.
You want to start a home-based business. You love the idea of making money from home. No alarm clock to get up to every morning and no boss to answer to. You call the shots. But there seems to be this big debate. Some people say that big ticket items are better because you only have to sell a few every month to earn a decent check. Other people say that you need inexpensive products because they are easier to sell. Which is true?
Arguments can be made for both, and they are. That is what makes it so confusing. How do you choose the best company to start your network marketing business with?
Network marketing is hard, right?So hard in fact that after you sign up you don’t know what to do. You buy a stack of brochures and one or two of the products, but what then? You’re done before you even really get started.
Why is that? Network marketing is advertised as the easiest business that you could get into. It doesn’t cost much to join. You don’t need a lot of specialized skills. Finally, there is no cap to how much money you can make. What could be hard about that?
People like to think that running their own business is hard, that it is a struggle. They say that network marketing is hard because it takes too much time. You have to pester your friends and family to at least buy your product if they won’t join your team. How will you ever have success in network marketing?
You have to struggle to be successful in anything. It’s a requirement, right? You have to struggle to learn the products, build and maintain your team, find customers. Is it really worth all of this effort to build your own business in network marketing?
Of course it is worth it. The struggle is all in your head.
I read some interesting things this morning about network marketing. It said that it is a scam preying on the poor because it has a 99% failure rate. In this post I want to look at some of the claims made about network marketing and talk about what network marketing is not.
There is a lot of hype about network marketing. People make a lot of claims about what it is, from both within and without the industry. I want to look at some of those claims and see what is really true, and what is false.
I’ve been writing about how network marketing is better than a job. If you talk to very many people outside of network marketing you will probably not find many who agree with me. They say network marketing doesn’t work. So this time I’m going to talk about why network marketing doesn’t work.
Many people join network marketing every year, but very few people make any money. Not only do most people not make money network marketing, they lose money because they spend more than they make. Why is it still around if it doesn’t work?
You started your network marketing business, so now you’re ready to quit your job, right? Wrong! Don’t quit your job yet. Network marketing is not a get rich quick scheme. It will take some time to get your business to the point where you can make enough money. So, to help you along your way, let’s look at some network marketing secrets to success.
Last time we talked about the first step, how to choose the right network marketing company to partner with. This time we will talk about the keys to success.
Can you get rich with network marketing? Of course you can. If one person can do something, then it is possible for anyone to repeat it. A better question is, will you get rich with network marketing? And that’s entirely up to you.