You probably have an image firmly planted in your mind of what network marketing (also known as direct sales or multilevel marketing) is all about–housewives buying and selling Tupperware while gossiping and eating finger sandwiches, or a high-pressure salesperson trying to convince you how easily you can become a millionaire if only you and your friends and their friends and so on would buy and sell vitamins with him.
Both of these images couldn’t be further from the reality of network marketing. It’s neither a hobby nor a get-rich-scheme but an opportunity for you to earn money running your own part- or full-time business.
But what does it take to succeed in this industry? You have to have a no quitter attitude and a lot of hustle to make it happen. I am listing the Top 5 Ways to Max Network Marketing Success.
Choose wisely. There are five key elements you should be looking for [when selecting an opportunity].
Number one: stability. How old is the company? Hey, you need to know the history!
Number two is this an excellent product or services that consumers will use and need more of.
Number three how is the pay plan–how even and fair and generous overall is the distribution? This is really crucial as the pay plan represents exactly how you’ll get paid–or not get paid. There are really only two questions to ask [regarding this]: How many pennies out of each sales dollar get paid back to the distributors each month, and how fair is the distribution of these pennies between the old members and the new members?
Number four is the integrity of the company and the management. As much as possible, [investigate] the experience of the CEO, [their] experience in the network marketing industry, and their background. [Have] they been successful in other companies in the industry? Do they have a good reputation?
Number five don’t quit your day job…yet. Never leave your full-time position unless you’re absolutely certain that the income that’s coming in with this company is going to be there. [Be sure that] you’ve been with the company [for awhile] and that you know it’s a stable company, and the income that you’re earning is equal to or greater than the income you’re earning from your job before quitting.
If your in Houston Texas on November 4th and 5th. I’d love to meet you at the Path2Purpose Conference. This conference is going to catapult your last quarter and propel you into 2017. We have attendees from all over the nation. It doesn’t matter if your a business owner or not. If your looking to advance in life and purpose, meet me in Houston. Register Today!
I’d love to hear your comments below. I’d love to hear your thoughts on your top five tips on successful network marketing.