I love network marketing and I believe it is the quickest and easiest way to start making money. You probably agree that you could use a little extra income every month. Maybe you could use a lot of extra income every month. Maybe the idea of “network marketing” or “mlm” has left you with a bad taste. Bear with me for a few minutes and see if I can convince you that it is worth another look.
Benefits of a Network Marketing Business
The idea behind network marketing is that you can make money by promoting products you use to other people and make some money from it. You probably already recommend things to your friends and family – a movie, a restaurant, a recipe, a cleaner that really works for you. My wife does it all the time, and she says she hates “selling”. Ummm, that is selling. You’re selling someone else’s product or idea but you’re not earning a commission on it.
Network marketing companies will pay you a commission for recommending products that you already use. Do you use a cellphone, have gas or electric service to your house, take nutritional supplements, or clean your house? There are network marketing companies that will allow you to generate an income from any of those products or services, and many more. You just have to find one that you can be passionate about.
Low Startup Costs and Shorter Time to Profit
A traditional business can be very expensive to start. You may have to rent a storefront, maintain an inventory, hire employees, or any of a number of other startup costs. It can be from a few months to a number of years before you start making any money. Add on to this that you probably had to borrow money, so you have repayment costs and interest on top of it all.
You can avoid all of those costs with a network marketing business. The companies that I am familiar with all cost less than $100 to get started. You can invest more to start at a higher level and/or have some product to start with so that you can experience it for yourself. It may be recommended but it isn’t required.
Most network marketing companies don’t not require you to keep an inventory of the product. Actually, they discourage it now. The company processes and fulfills the orders, so there is not need for you to have any inventory other than the product you use yourself and maybe a few samples.
Because the startup costs are so small with a network marketing business, you get into profit much more quickly. If you have a couple customers already lined up when you sign up then you can be in the black with your first check from the company. That’s a great way to start a new business.
You Have Freedom with Network Marketing
I like the freedom that I have with my network marketing business. I get to work when I want to because I am my own boss. That means that I am completely responsible for doing what needs to be done. I am responsible for my own results. If I want to make more money this month, then I need to sell more product. I can add more people to my team to increase my income and help them generate their own income, kind of a share-the-wealth plan.
Another freedom that you have with network marketing is that you can start right now, even if you have a full-time job, if you are a stay-at-home mom (or dad), or whatever your situation. It doesn’t have to take a lot of time. Try the product, have an experience with it, share it with someone when then orders the product, and you made some money in your new business.
This is a good place to put in my income disclaimer. There is no guarantee that you will make any money with network marketing. Your income is completely dependent on how much product you sell.