There are many ways to succeed online as a business owner and many business models from which to choose. One such business model with which many have found tremendous success is called Network Marketing.
Network marketing, also known as Multi-Level Marketing, is a business model that rewards people based upon the number of people they recruit. As a network marketer, you represent a company. You promote and sell their products and earn a commission on your sales. However, you also recruit other sales people to join the company. For each person you recruit, you also earn a commission on the sales they make.
Network marketers sell anything from candles and jewelry to herbal supplements and cleaning products. It is an industry that has a lot of controversy, but is also an industry in which you can make a lot of money.
Decide if You Have What It Takes to Succeed
Since network marketing is selling, if you don’t enjoy sales or talking to people, then it is not the right business for you. However, if you enjoy engaging people and talking about their life and their problems (and how your products can solve their problems), then you have found a calling. Since you will be self-employed, you must also be self-motivated.
Find a Company That Appeals to You
Because you are going to be a sales person, it is vitally important that you like the products you are selling and that you believe in them. You will also want to make sure it is a company that has a good reputation both with customers and with sales people. The reason the industry has a bit of controversy is because a few bad companies get a lot of attention, but there are many good and reputable network marketing companies.
Find a Mentor
A mentor will help you skip all the beginner mistakes everyone else makes, and you will be able to launch your career and your income much faster. A mentor may also have some insider secrets and tips that you can use right away. Finally, a mentor is good to help you get and stay motivated. If you don’t want to find a mentor, consider creating a team of other network marketers to meet and motivate each other on a regular basis.
Network marketing is a great business model for the self-motivated sales professional. You are able to make your own hours, work with a company you love and there is no income ceiling or cap with which you have to deal. Many people love network marketing because the sky is the limit.
