Does Network Marketing Really Work?

You want to start your own business but maybe capital is a little low, so you consider network marketing, but does network marketing really work? I think the real question is not if network marketing will work but will you work?

network marketing,jim rohn

Even in a strong economy, many people need supplemental income, many living paycheck to paycheck. Most people can’t afford the things they want on their paycheck from their job, many start a part time network marketing business. As a result there will always be a need for network marketing opportunities even in prosperous times.

 

First of all let me point out that network marketing is not an industry, network marketing is a distribution channel or system. Many different industries use network marketing as a system or distribution channel for distributing their products and services because it works.

 

The concept of network marketing is simple. The company relies on independent representatives or distributors to market and sell it’s products or services directly to consumers (direct selling) sparing the company the costs associated with the middleman and the need for costly retail space or costly advertising campaigns.

 

These independent representatives or distributors are also granted the opportunity to build their own sales organizations and receive a percentage of the revenues generated by their organizations.

 

Unfortunately there are some who think network marketing is a get rich quick scheme where they can get rich without any effort on their part. Those people soon learn they are sadly mistaken. Network Marketing isn’t for people who aren’t willing to work hard.

 

Network Marketing is a legitimate system that works, will you?

Are You Ready To Seize the Biggest Network Marketing Recruiting Season?

If you are a retailer you don’t wait until after you have your turkey dinner on Thanksgiving to prepare for Black Friday. So when should network marketers start to prepare for the biggest network marketing recruiting season of the year?

start a business,investing,robert kiosaki

In case you are new to network marketing the next great opportunity for massive recruiting into your network marketing business or in other words the next prime recruiting season begins the first business day after January 1, (January 4, 2016) this is a time in which all successful network marketers will be doing a 90 day blitz.

But the smart network marketers didn’t take a month or two off before the prime recruiting season to rest up for their 90 day blitz.

The smart and successful network marketers were doing a 90 day blitz leading up to December 20th, building a team and preparing them for the next prime recruiting season so they won’t be working alone but instead would have an entire team doing a 90 day blitz during the prime recruiting season multiplying their efforts to best take advantage of the next great opportunity that arrives during the next prime recruiting season.

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Stephen Covey-author of The Seven Habits of Highly Effective People.

Smart, successful network marketers give priority to the tasks that, while they may be painful, will pay off in the end.

A few tips to help focus on the more difficult, more significant task that will propel your business to new heights:

Do the important tasks first thing in the morning, for one thing there are generally fewer distractions first thing in the morning.

Change your environment (nearby park or coffee shop) will often provide you with a boost of productivity and creativity, not to mention the benefit of fewer distractions.

Unplug, shut off your tech, don’t answer your cell phone or check your email or texts. Research has shown that multitasking affects productivity in a negative way.

 

What are you doing to seize the next Network Marketing Recruiting Season when it arrives?

Obamacare Could Lead To 33% More New Businesses Starting Up

Despite many calling “Obamacare” the largest tax ever imposed by a government on it’s citizens and objections by businesses to parts of the Affordable Care Act (aka calculatorObamacare), as many as 33% more new small businesses could be started, over the next few years as a result of the law, the WSJ reported as estimated by, The Kauffman-RAND Institute for Entrepreneurship Public Policy.

 

Why the projected increase?

 

Great business ideas aren’t limited to the affluent or the young, however without a significant savings cushion, a luxury many people don’t have. Leaving a safe corporate job with benefits, just doesn’t seem like an option, especially those with pre-existing conditions, from starting their own business is the ability to get robust and affordable health insurance. People seek out and keep corporate jobs, not because they want to, but because they feel like they have to.

 

The Affordable Care Act (Obamacare) could potentially solve that by offering people who start businesses coverage through state or federally run marketplaces for insurance (exchanges).

 

This could provide a boom for network marketing companies as well as industries that cater to providing products and or services to small businesses over the next few years.

 

Build Your Own Dreams or someone else will hire you to build theirs!

 

Promote Your Network Marketing Business Online.

I believe network marketing offers the best opportunity for the average American to have there own business. Just don’t make the mistake of marketing like it’s still 1955.Cool Mountain Town

Unfortunately some network marketing companies have not brought there marketing methods and training into the 21st century. Inviting your friends over to your home only to spring a surprise sales pitch on them done by some well dressed stranger who apparently was also invited. Seriously?? Well that high pressure tactic worked when it was new back in 1955.

It may be you love your company, it’s products and comp plan, but the online presence consists of only a self replicated website and your up line may have no real clue how to market online.

Not to fear, you can get your very own automated online marketing system for just pennies a day so you can use to promote your network marketing business online and take it to the next level.

See you at the Top!

Work from Homes Businesses not Prepared for Tax Time.

Many entrepreneurs, working from home are just not prepared for tax deductions allowed for their home based business.few books

 

It has been a while since my last post. For the past dozen or so years I have been spending the better part of the first 4 months of the year preparing income taxes professionally.

 

While many of my clients are real estate investors, I have noticed more and more people that used to have jobs to earn a living are now working from home over the past few years, I am not sure if this is by choice or out of necessity as a result of the current job market. In any event, unlike my landlord and real estate investor clients, many of these new work from home entrepreneurs seem to be unprepared when tax time comes around. Many have no idea what deductions they can and cannot claim on their income tax return.

 

This is unfortunate and unnecessary as I know many income tax professionals that would be more than happy to consult with these new entrepreneurs (many for Free).

 

I would strongly suggest scheduling your consultation sometime other than between the months of January and April 15th.

 

Social Media is a MLM er’s Best Tool and Worst Nightmare

Social media is a dream come true for anyone in MLM, it can also be the worst nightmare for the MLM er that is uninformed on how to use social media right.
By now most people in network marketing or MLM know that the old ways (hotel meetings, house parties etc..) are not going to very effective prospecting many people in this century, and have realized that social media is networking and by using social media for their MLM business prospecting, they can reach so many more people than they could have using the “old school” methods of yesteryear anyway.
The problem is while some MLM companies are embracing social media, it is obvious to me that most are not providing any training about how to do social media the right way, and as a result many MLM ers are risking having their facebook account closed because they are spamming people.
I know many people in network marketing (MLM) and they are some of the best people you would ever want to meet, so I believe the fact that the majority of the ones I know don’t really intend to spam all their Facebook friends, I don’t think they even realize what they are is wrong and in violation of Facebook policy and they could have their Facebook account shut down as a result. Losing all those pics, connections with friends and everything would be a nightmare for many of these MLM er’s.  It is against Facebook terms and conditions we all agreed to when signing up for an account to post sales pitches etc about a business on your personal page (now referred to as a time line).
Facebook provides a way to promote your MLM business with integrity, by simple creating a Facebook business page (now refereed to as a facebook page) without being in violation.
Don’t let your mistakes made with your social media marketing campaign hurt your MLM business instead of helping. Since your customers and prospects are using social media, your MLM business needs to be consistently involved in social media. Bottom line, you need to do social media marketing, but you need to do social media marketing right!
If you don’t have the time or resources to do your social media marketing yourself, then we can help you do your social media marketing right.

The Real Reason Most People Fail at MLM (Multi Level Marketing)

Your upline will tell you those people failed in MLM because, they didn’t work hard enough or try hard enough or something like that, but that is true only for some ( and even then only part of the reason).

As I have said in past posts I have nothing against MLM or Multi Level Marketing or Network Marketing or whatever you want to call it I will keep it short and use MLM for this post, as a matter of fact like Donald Trump and Robert Kiyosaki, I too believe MLM offers the best opportunity for the average American to have there own business.

Unfortunately many MLM companies have not brought there marketing methods and training into the 21st century. Seriously invite friends over to your home only to spring a surprise sales pitch on them done by some well dressed stranger who apparently was also invited. Really seriously?? Well that high pressure tactic worked when it was new back in 1955, so they keep using it until you run out of your friends. Then I guess you will just quit.

I have posted in the past and many have determined that social media marketing is a natural fit for MLM, and as a result have tried using social media for their MLM marketing.
The problem I see in this is they do it wrong! So yes stop marketing like it’s 1955, but you must do social media right or you will still lose.
MLM in my opinion offer an excellent opportunity, especially with our current economy, and social media is a natural fit the combination offers an incredible opportunity.
What I see most people doing their MLM marketing on their Facebook personal page, which in itself is wrong. Facebook provides an opportunity for you to create a Facebook business (or fan ) page for your business for free.
Promoting your business on your personal page ( even if it’s your companies name personal page ) is only going to irate your friends and they will hide your posts or unfriend you so they don’t have to see your posts anymore. You end up posting and only you can see them.
With a Facebook business page you can promote your business with integrity as those friends, prospects, customers and anyone else that likes your Facebook business page will see your posts in their news feed but they know it is a business page and expect that, and are ok with that, so they will not be upset with you.
I believe more people will prosper with MLM in the next few years because of the changes that have and are taking place, but only if the adopt Social Media as a primary source for sharing the positive experience they had with the product or service provided by their MLM products and/or services. But sharing that experience must be done right!!

Stop alienating your family & friends by prospecting on their newsfeed. Set you up a facebook business page to generate leads for your business.

People in Network Marketing will Prosper With Social Media!

I believe this will happen as a result of the technology we have available to us like never before, the economic and social changes that have taken place, but you must be careful to select the right network marketing company, one that doesn’t live in the past, see prior post.

You will have to be very selective and do you due diligence in selecting a network marketing company that doesn’t have a marketing plan from the 1950’s, that won’t work even if they tell you it has for 60 years and you need to be coach able and not try and reinvent the wheel. Don’t listen to them listen to me. Hear are some reasons why.

The industrial age is dead, we all know that now (unlike it was the 1950’s) , Traditional mass marketing is on it’s way out ( a greater opportunity for network marketing now ) Network Marketing is basically networking with people you know and sharing a positive experience you had with a product or service right. Well back in the 1950’s  when people used to go over to the neighbors house on Saturday night to play cards, I can see how they may have thought it made sense to make a list of your friends and invite them over to your house (don’t tell them about the guy coming over in the suit and all the chemicals in his hair that is going to do a sales pitch to them) may have worked back then. Times change now we spend a much larger amount of your time everyday with our “friends” on Facebook and/or a variety of other social media sites.

My point is I believe more people will prosper with network marketing in the next few years because of the changes that have and are taking place but only if the adopt Social Media (see previous post for reason to use social media marketing) as there primary source for sharing the positive experience they had with the product or service provided by the network marketing company.

Whether you are interested in advertising your business on Facebook or you need someone to manage your social media campaign for you to free up you time to run your business, we have Resources  to help!

Job Security, What is that, is that one of those old Industrial Age concepts?

Change happens, it is inevitable, no matter who is President or who is in Congress, change always has and always will happen.

The Information Age has been showing signs of it’s arrival for decades, we can all plainly see that now that we can look back.

The current economic downturn we are in ( one that’s right we are not in a downturn, that ended a year and a half ago ), I believe has put an end to the Industrial Age, it is safe to say we are now in the Information Age. ( Is anyone surprised)

The days of going to school getting good grades, getting a good job, work there for 40 some years( with job security ), and then stop working and your company and/or the government will fully support you till you die are all but extinct.

I believe, working for yourself is the best way to prosper in this new environment, I know not every one has a quarter million or more in the bank to buy a franchise, if that is you then a good network marketing company may be the best option for you to take control of your families financial future, yes I said network marketing, their are many prominent businessmen who support network marketing, as I have stated in previous posts . So what is a good network marketing company? Well there are thousands of network marketing companies and many are very good, I have not compiled a list to sell you or anything like that, but I would suggest looking for a company that has been around at least 5 years, financial solid, publicly traded would be a plus, and has a product or service that most people can see a need in having.

Training and support (cause this is all new to you and you have a lot to learn) is very important, that being said while many network marketing companies that have been around for years have adapted to the information age, there are still many more who have not.

If you come across a company that wants you to make a list of all your friends, and says “tell them you just want their opinion of a new business you are looking at”, “we are not going to sell them but they will probably want to buy” be aware these are lines as old as the hills, (see previous MLM post) probably your best choice is to walk away in this case. Unless you are extremely confident in your marketing ability and believe you can and are not afraid to reinvent the wheel (marketing wheel for this company) without receiving any useful marketing support from your “sponsor. Many of the established network marketing companies were established in the Industrial age are still using industrial age methods and because “they are proven to work” they will expect you to “be coach able and follow along” well Henry Ford made a Model A that my Grandpa would say was “proven to work” but I road to a meeting the other day with a guy with a new Mustang convertible and although I didn’t ask I am confident ( especially in the AZ summer) that he is glad Henry Ford decided to improve on the Model A and didn’t just stop with it because it was “proven”.

But I have confidence in your ability and find a company with a in demand product or service, think about it if this company has people that are successful using technics from the Henry Ford generation, just think of the possibilities if you were able to use marketing methods of the current century.

Network marketing is basically a social marketing model from 55 + years ago, Imagine using social media of this century, instead of house parties, hotel meetings etc. It would be a challenge because you would have to create your own marketing plan ( with a greater risk of failure ) but if you can pull off it, the rewards, could also be mind blowing.

That’s my thoughts for today.