Hey there Diana here from dianagracethompson.com empowering Internet and Network Marketers to leverage the full power of the internet to build passive residual income. Thanks for taking the time to listen to what I have to say. My intention is to build as much value as I can in a way that you can understand.
Today I want to continue in a mini series on the 4 legit ways to make money online. Today I want to continue on my mini series and talk about Multilevel and Network Marketing, which is the 4th way to Make Money Online.
If you’re interested in Time and Financial Freedom The Home Based Business Industry is the Greatest Industries On The Planet. Multi Level and Network Marketing are a profession in which you have the potential to earn and unlimited professional income.
Let’s talk about Network Marketing first. Network Marketing is simple concept that pioneered the way for the home based business industry as we know it in the 21st Century.
Here’s the business model. Buy a product or service, create your own testimony and have a great experience, then earn a commision when someone else buys through you. You can ultimately do something one time and get paid for it month and month.
Word of mouth has always been and will always be the best way to market. The key is to build and maintain relations with people. These people need a constant stream of education, inspiration, motivation, and training. You need to want to see people succeed in this industry.
Multilevel Marketing is a huge machine with various moving parts. In order to qualify to earn commissions you need to be on an autoship. If you and your team are not meeting the monthly requirements, even if you are personally performing your team can hold you back.
We call this jumping through hoops. Yes it’s possible but you have to be skilled to even think about maximizing the companies compensation plan. Even though the rewards are astronomical the challenges and learning curve are huge which makes this business model the most difficult.
Obviously the Time and Financial Freedom is the goal but In this industry not only will you gain better life experiences, you’ll learn things that you just don’t learn in school or while having a job.
My advice to you is to pick a Network Marketing or Multi Level Marketing company in which you enjoy the product and can use it on a regular basis year after year. Then build a customer base by sharing your testimony and learning your market so that you can offer the solution.
This way you can get some cashflow coming in that can help fund your heavy personal development and skill mastery. This includes constantly putting yourself outside of your comfort zone by listening to people who are living a free and financially free life.
You will need to attend company and industry events often and invest in books and opportunities to better under the industry and how to become a professional. It takes people anywhere between 3 and 5 years to even start to master the skill sets that it takes to succeed.
My advice to you would to commit to the process of success in Network Marketing and Multi Level Marketing. You can do it but it takes work and for you to quickly become a leader.
Most people don’t commit. Most quit. It’s a part of why the industry yields a near 100% failure rate. Can you see how devastating this can be for someone who wants to “just make money”. It will never work. Your best bet is to master Affiliate or CPA Marketing. But there is a learning curve with these business models as well, they’re just not as difficult to learn as MLM or Network Marketing.
This is the last and most intense video in this mini series on the 4 Legit Ways To Make Money Online.