WHAT IS NETWOR MARKETING
Just look around you; traditional businesses are closing right and left. Individuals have borrowed extreme amounts of money to open their own business only to discover heavy competition, high overhead costs, crime against their business and much more. They discover that the business dream they had was actually a nightmare. If only someone would have told them that network marketing is the perfect business…
Yes, network marketing is a business structure and network marketing is the perfect business format
I know there are many people who are naysayers. They have a negative outlook on network marketing and they probably gained that thought pattern from understandable means.
- They were high pressured into joining a MLM opportunity, paid money and left on their own to figure out how to manage their new business.
- They joined what seemed like a great network marketing company that was investigated by government entities and shut down for illegal actions.
- The person built a great business and the network marketing company changed the compensation plan in such a way that it adversely affected their income.
- Etc, etc, etc…
This does not mean that all network marketing is bad
Just as an example, I will use the traditional business structure. Let’s say that I went to a highly popular, and well known fast food chicken place that I shall not name. I suddenly get a case of food poisoning and the hospital absolutely determines that it came from improper food storage at that particular fast food joint.
Do I lay the fault on the fast food business format or system? For that matter, the next restaurant with that famous Colonel on the window probably stores their food properly, so I really cannot hold it on that whole chain.
In many ways, fast food places are quite close in similarity to network marketing. Many of those places are franchised and owned by different people.
The food storage issue was from that one restaurant and not the whole chain usually. It can be the same in network marketing. Your issue may be with one leader and not even the MLM company and surely not the complete network marketing industry.
While it does have some issues the fact is, network marketing is the perfect business and I am going to give you 5 reasons why I consider network marketing as the business of the 21st century
#1 reason why network marketing is the perfect business: Start immediately
I cannot think of many businesses that you can start managing immediately. With network marketing, you can start promoting your business, making sales and getting distributors immediately after signing up.
With most other businesses, you may have to wait on lawyers, licenses, inspections and many other things. Not to mention, delivery and storage of products. You do not have to keep an inventory with network marketing. The MLM company handles all storage and delivery.
Now tell me, what other type of business can you start right away?
#2 reason why network marketing is the perfect business: Low start up and overhead costs
The costs involved with starting a traditional business can be astronomical. In many cases, it is not unreasonable to figure that getting started in a traditional business could be $1,000,000 or more.
Depending on the network marketing company you affiliate with, start up costs could be as much as $2,000, but that is extremely less than the $1,000,000 mark for a traditional business.
When you consider overhead costs, you normally work your business from home, so you are not paying to heat, cool, light and other things for a separate business space.
You may have some overhead costs but they will not even come close to the costs you will face in running a traditional business.
#3 reason why network marketing is the perfect business: Training is provided
When you join a network marketing company, they are required to provide you with training. With many MLM companies, you can also get more intensive training usually at a cost. But the basics of managing your network marketing business are normally a part of your start up costs.
If you start a traditional business, you are on your own if you don’t know how to do some things. You may have to register for courses at your local college or university so you can understand various aspects of running a business.
And just as you are reading my blog, you can learn a lot about managing your network marketing business online or in books. If you haven’t yet, I highly recommend that you sign up for the Alpha Networker Lead Generation Playbook I offer. You can do that by entering your name and email on the front page of this website. One of the keys of managing your network marketing business is generating leads.
#4 reason why network marketing is the perfect business: Residual income with no cap limit
How many traditional businesses can you work part time and make a full time income?
While you are thinking about the answer to that question, let me just say that there are many network marketers making $5,000+ per month working the business just 2 hours per day.
Many traditional businesses are just like the jobs that we left, or worse. Have the store open at 7 AM and do not close it until 9 PM.
With network marketing, you can create a residual income and there is no limit on how much you can make. If you want to take a 2 week vacation to Italy, your network marketing business will keep making you money. If you own a bakery and without you it cannot run, the income is zero if you go ti Europe for 2 weeks, and the overhead costs still keep running.
With hard work, determination and perseverance, you can make as much as you want to make in income. There is no limit.
#5 reason why network marketing is the perfect business: Promotion is simple and the world is your market
While I won’t go into all the various methods of promoting your network marketing business (you can find a lot of that information on other blog posts), I will say that promoting your network marketing business is actually quite simple.
Another reason I say that network marketing is the perfect business model is the fact that you have the whole world to market too. Well, maybe not the whole world, but a lot more people than a traditional business usually.
It does depend on the network marketing company you are affiliated with and where they allow distributors to market too. But you have a wider range then does the majority of traditional businesses.
Some top names also believe that network marketing is the perfect business
There are some top names that also believe network marketing is a great business model.
Robert Kiyosaki regularly tells people in his huge speaking engagements that network marketing is the perfect business. He also wrote the book: The Business of the 21st Century where he explains that the network marketing business model will shine brightly.
“If you want to create security for your future YOU need to create it. You need your own business.” Robert Kiyosaki
Billionaire Warren Buffett purchased a network marketing company and said it was the best investment he ever made.
“If I were to start all over again, I would choose network marketing.” Bill Gates
There are many other people who endorse the network marketing business format:
- President Donald Trump
- Former President Bill Clinton
- Former British Prime Minister Tony Blair
- Dave Ramsey
- Zig Ziglar
and many more…
And there are many more than 5 reasons why network marketing is the perfect business
The reasons I listed up above are the main reason network marketing is a perfect choice. But, there are some other great reasons too.
You are building your own dynasty instead of another person’s
When you work a job for a salary or hourly wage, you are building a fortune for another person. By owning your own network marketing business, you are building your fortune.
You will have financial freedom
When you need time off work, it costs you either vacation or sick days, or you do not get paid at all. The financial freedom with network marketing allows you to take time off and continue to earn money.
You can work the hours you want to work
With a job or a traditional business, it is not a normality that you can choose the hours you want to work. Those hours are normally dictated to you. In network marketing, you can work the hours you want to work.
You can live and work in a negative-free zone
This is a huge reason for having a network marketing business. We know that most jobs are full of negative attitudes, and in traditional businesses, we have the same conditions. In network marketing, you can choose to surround yourself with positive.
Did I mention the tax deductions?
When you realize all the tax deductions you have available when you have a network marketing business, you will probably be awestruck. You can deduct part of your living area as work space. You can also deduct things like:
- Your computer
- Eating out
- Even part of your vehicle payments
- and many more
Most traditional businesses can’t take a lot of those deductions.
So as you can see, there are a ton of reasons why network marketing is the perfect business.
Have you started a network marketing business yet?
If not, now is the time to get started. If you would like some input on a good network marketing company to affiliate with, or if you need any other assistance, I am willing and able to help you. We can set up a time to chat about your future here.
No matter your network marketing situation, we can get it figured out and on track for strong results. I suggest you keep abreast of this blog to get the latest and greatest methods in network marketing. Also, you just may want to follow me on social media:
Reasons why network marketing is the perfect business conclusion
Did this post convince you that network marketing is the perfect business? Please explain why or why not in the comment section at the end.
I really hope to help all of you who visit this website and blog to find financial independence and I believe network marketing if the definitive answer.
If you make a follow a plan and keep the proper attitude, you can make huge strides in network marketing success.
Let’s ride that path of success together!