Benefits of Network Marketing
This is a summary of all the different benefits of Network Marketing (AKA Multi
Level Marketing, MLM, Referral Marketing)
The Income Potential
In most occupations there is a rate of pay that goes with it and only a very limited
range of earnings within that field. Normally, the only way to increase earnings is
to work longer hours. Because there is only a finite time available, there is
inevitably a limit on the hours that can be worked and therefore a ceiling on the
money that can be earned. Network Marketing works differently. In Network Marketing
there is the opportunity to leverage your time by introducing others to the
opportunity and showing them how to work effectively. The principal Co then rewards
you commensurate with the size (and structure) of the business that you have built;
a perfectly logical and ethical remuneration structure. There are no limits on how
big you build your team and therefore no limits on how big you build your income.
Passive Income
This is the income that you receive for what you have already put in place, as
opposed to being paid in direct proportion to work done. Most occupations pay
directly for completing a task. eg. If you want your car washed you agree a price
and when the car has been cleaned you pay for it. For both the customer and the
supplier that is the transaction completed in its entirety. In contrast to that we
can look at a musician who records a song and then gets paid every time someone buys
the recording or it gets played on air. There are no limits on how many recordings
will sell or for how long these royalty payments will be paid. Network Marketers get
paid in a similar way to musicians; they get paid a royalty income each month on the
volume of business created by their entire organisation. Clearly there is work to be
done to build that organisation in the first place, but once it’s built it will
continue to pay indefinitely. This passive income can be permanent and is like
indefinite sick pay, holiday pay and ultimately pension. Your successful Network
Marketing business will continue to pay you after you have stopped working it.
No Boss
In Network Marketing you are your own boss. You answer to nobody except yourself.
Clearly, anyone working in a conventional job has to do what their boss tells them.
Most conventional businesses are capital intensive and therefore are often
answerable to the bank manager. For many, being their own boss is a major benefit of
Network Marketing. This requires self-discipline but the rewards and freedom that go
with being disciplined are enormous.
Flexible working hours
You decide how long you work for and when you work. The more hours that are worked,
the quicker your business will grow, but the choice is entirely yours. It makes
sense in the early days to commit to growing your business as fast as possible to
give yourself the freedom that only a passive income can give you. However, how many
people have to suffer going to work in their office all week whilst there is
glorious sunshine outside to then have some time to themselves at the weekend when
it’s raining? In the UK it seems to be a tradition to have rain on bank holidays!
Network Marketers can choose what days they work and what days they take off.
Network Marketers don’t need to ask for time off to look after their sick child or
ask for time off to attend the children’s school sports day or Christmas concert.
Network Marketers can take their holidays out of season if they want to miss the
crowds or avoid the peak season prices.
Build it alongside current occupation
Because of the total flexibility of Network Marketing you can build your business
alongside a job or conventional business. The leverage achieved from team building
allows you to build your income to a level where you will then have the choice of
continuing to enjoy two incomes or to walk away from your job. A wonderful choice to
have! For some, their original occupation is a vocation that they don’t ever want to
give up but their Network Marketing business gives them a great deal more income
plus a great sense of security in these financially volatile times. For others their
Network Marketing business is their route to escaping the rat-race.
No experience or qualifications necessary
Most people are aged sixteen to twenty-one when they make the decisions that lead to
the direction that their working life takes. How many can say that they got it
exactly right? Because Network Marketing does not require any special qualifications
or experience, it allows anybody to change the direction of their career, at any
time. The Universities and Colleges are turning out highly qualified people that can
not get jobs because they have no working experience. Network Marketing allows
anyone to break this vicious circle. With academic qualifications seeming to be a
prerequisite for a career in the conventional corporate world, what happens to all
the hard working, ambitious intelligent non-academics? Network marketing is a truly
equal opportunity open to everyone irrespective of their qualifications, experience,
gender, race etc. What is required to succeed in building a Network Marketing
business is a good work ethic, integrity, tenacity and a willingness to learn.
Start your own business from scratch
The top 5% of earners usually run their own business; so why doesn’t everyone do it?
Most businesses require a substantial investment which requires a huge commitment
and is usually a massive risk. The investment required to start most Network
Marketing businesses is normally no more than the price of a good night out. The
overheads normally associated with a conventional business can be criplling and
often results in having to work six days a week just to pay the overheads. The
overheads of running a Networking business are next to nothing. To start your own
business you also need to have an idea; what business can you start-up and run with
the skills, contacts and financial resources that you have at your disposal? Network
Marketing is your own business and has so many advantages over a conventional
business.
Personal Development
Nobody starts a Network Marketing business for their personal development but it is
an inevitable consequence of growing your business. You will develop confidence,
business acumen, communication skills and grow in personal stature. This is always
good for the individual concerned and hugely rewarding to help others develop in
this way.
Choose who you work with
In Network Marketing you choose who you work and spend time with. You are not
compelled to work with anyone in your upline or in your team. You choose who you
accept as your customers. It is normally advantageous to work closely with the
person that introduces you to the business (although not compulsory) so it makes
sense to join with someone that you get along with and respect.
Work from home
Having a business that you operate from home has numerous benefits; low/no
overheads, flexibility, no commuting, no rush-hour traffic, always available for
your family, tax benefits, minimal administration, no set hours. Because of the
nature of Network Marketing and working from home there are usually lots of positive
incentives like for example luxury holidays and cars to be won/earned. This compares
to a normal job environment where the incentives are more often based on putting you
under forever increasing pressure. In short; escape the rat-race.
Network Marketing offers so much to everyone that is prepared to look properly at it
with an open mind. It can be a life-changing opportunity for those that are prepared
to make the effort, and the icing on the cake can be introducing other people to the
opportunity and helping them to achieve all these benefits also. As you can see the benefits of network marketing are huge!
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