
Network marketing is getting a lot of attention by mainstream media lately and rightly so. It is the only business model that consistently does better during a recession.
Nowadays people are seeking an alternative way of making money. Everyone is looking for that “right” network marketing business opportunity.
But, what defines a good network marketing business opportunity?
Well, I’ve been involved in network marketing for almost two years and have made half a million dollars. I like to think I know what I’m talking about when it comes to network marketing success.
Here’s what you should look for in a network marketing business opportunity:
• An effective product that people will get excited about
• A good management team
• Really good timing
• No debt
• A great system
If you have these 5 factors then you will have a very good chance of success in whatever network marketing business you decide to choose.
Many people only focus on how good the product is. While it is extremely important to have a great product, that is only one factor that is critical to your success in network marketing. You could have the best product in the world, but if you are weak in the other areas then you will have a difficult time building a big network marketing business.
Make sure you take the time to research all five areas. I would even suggest that you rate each area 1-5. 1 being really poor and 5 being really great.
If you find a network marketing company that scores 5/5 on all five areas then you should jump in with both feet. It is very rare to find such a company!
Here’s one more tip that will take your network marketing success to a whole new level. Look for what I like to call, The X Factor. The X Factor is when a company has a story that is extremely attractive. In other words, the story is so catchy that it will be hard not to pay attention.
In network marketing, we are paid to tell a story. Obviously, the more eye-catching the story, the more attention it will receive.
Most people totally overlook this aspect. Yet, it could be one of the greatest tips you receive when trying to decide the right network marketing business opportunity for you.
What makes a story eye-catching or stand out? Maybe a world famous endorsement. Or a product that took years to create. Or a company that grew faster than Ebay or Google.
Could be anything. Just as long as it catches your attention in a big way then you are on track.
Well, that concludes what you should think about when choosing the right network marketing business opportunity.
Watch the video related to network marketing business
A great introduction by Robert Kiyosaki about how important is to build and develop sales skills. Scape of the rat race now! Robert Kiyosaki the famous Richdad author reveal the secrets of the rich….
Help answer the question about network marketing business
What is the best way to advertise a new network marketing business?I have a wonderful organic network marketing business (http://www.puretree.com) that I would like to promote to others as a Business Opportunity . What are the best methods to advertise it?
LOL, thanks Jibba. I don't own the company but am an independent rep. And yes, it's a reputable network marketing business. It's not a pyramid scheme. Sigh.
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September 1st, 2009
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There is no other way to do it successfully than to start out in your warm market. Studies have shown that anyone who is over 21 years old knows over 10,000 people. Surely you have 100 you could speak to. Here's how I did mine. Instead of asking them to buy product, ask them who they know that might need your help. If its a product or service that truly helps people, they won't hesitate to share names with you.
Your warm market is your training ground. They will forgive you if you don't know everything there is to know about your company. Once you've been trained in your warm market, you should be good enough to move on to your cold market. (There's a reason they call it 'cold' market)
The beauty of your network marketing group (if they are any good) is in that they have a system in place for people to be successful. If you are not willing to follow the system, you need to get out. There is a saying in network marketing. "People need to be coachable. If they are not coachable one of two things happens — they quit or they become coachable".
Make sure you are in an organization where your upline is willing to work with you every day. If they are not, quit and find one where this happens, or start calling upline. Call to your first upline National. If they are not available, call your second upline National, as high as it takes to find someone willing to mentor you, and then plant yourself at their feet. If you cannot find anyone willing to work with you on a daily basis, start looking for another company.
I have made it to Senior Regional Sales director with over 100 people under me within 6 months. I've done it by staying in contact with my National every day.
If you're looking for another company, I would be happy to give you my insight into the ones I've been associated with over the years — both good and bad. Email me with your ?'s
cool vid love it