More Common Myths Associated With Network Marketing

(Taken from Mailbox Money – The Promise of Network Marketing)
By Richard Bliss Brooke

Myth 5:
You have to use your friends and family to make any money in Network
Marketing.

The truth is, you do not and should not. Your friends and family should only
become part of your business if it serves them to do so. If it serves them – if
they see an opportunity for themselves just like you did – then they are not
being used; they are being served. If you do not believe your opportunity
can serve them, do not offer it to them…and question whether or not it even
serves you.

An opportunity that truly inspires you will most likely inspire them as well.
Offer it to them. If they say no, respect and honor their viewpoint and do
not make a nuisance of yourself.


Myth 6:
If Network Marketing really worked, everyone would get involved and the
market would soon be saturated.

The truth is, although this is mathematically possible, history has proven that
saturation is not an issue. The largest Network Marketing company in the
world – Quixtar (formerly Amway) – has been drawing circles and recruiting
sales reps for more than 50 years. You are probably not a distributor, nor am
I, nor are 239 million other Americans. Yet three million people worldwide,
and more than one million Americans are, which, makes for some very,
very wealthy Quixtar distributors.

Check back next months for additional Network Marketing information.

More Common Myths Associated With Network Marketing!

(Taken from Mailbox Money – The Promise of Network Marketing)
By Richard Bliss Brooke

Myth 3:
Network Marketers succeed by being in the right place at the right time. Luck and hype
are big factors.

Network Marketing is a business: It is not a hobby, a game, a scheme, a deal or
something in which to dabble. People who treat it lightly do not succeed. People
who treat it as a career, a profession, and a business have a reasonable opportunity
to make it pay off very well.

As with any new career, profession or business, you need to:

o Learn what you are doing;
o Practice;
o Invest in your education and tools.
o Apply yourself diligently to succeed.

All this takes time, effort and money. It is not unusual for a successful Network
Marketer to have invested hundreds of hours and thousands of dollars before
profits and residual income start to flow. This is actually “the norm.”

Myth 4:
The way Network Marketing works is the “Big Guys” make all their money off
the “Little Guys”.

The “big guys, little guys” myth is usually perpetuated by people who define
“fairness” as “everyone gets the same benefits regardless of their contributions.”
That is not how Network Marketing works.

In Network Marketing, the people who attract, train and motivate the most
salespeople earn the most money.

If you personally sell $500 worth of product each month, and you have built an
organization of 500 people who sell $500 worth of product each month, you will
earn a great deal more (like 500 time more) than the person who just sells $500
per month. That’s basic capitalism, which most North Americans consider quite
fair. Network Marketing does work and it can work for anyone.

When Network Marketing does not work it usually because a particular company,
product or distributor is not working. If it is not working for you, take a look at
weather your chosen company is not working, the products are not working or
most importantly, whether or not it is you that is not working.

Two Common Myths Associated With Network Marketing

(Taken from Mailbox Money – The Promise of Network Marketing)
By Richard Bliss Brooke

Myth 1:
Getting in on the ground floor is the best way to succeed in a Networking
Company.

The truth is, it is the worst time to join. Eighty-five percent of all companies,
including Network Marketing companies, go out of business during their first
three to five years. Of course, no company is going to tell you that in their
promotional material. Everyone involved at the start of any company hopes
for it to succeed.

Another risk with a new company is that no company has its best foot forward
early on. It takes years to develop competent, experienced staff, reliable
procedures and efficient services. What is the best time to join a Networking
Company? Usually when the company is at least five years old. By then, it has
demonstrated a commitment and ability to:

o Stay in business
o Grow ethically;
o Honor distributors and customers.

And yet, you still have a chance to get involved before they are so well known
that everyone has either already given them a try, or decided they aren’t
interested.

Myth 2:
Network Marketing is an opportunity for someone who is not doing well
financially to Make some money – maybe even a lot of money.

Unfortunately, many of the success stories have perpetuated this myth with
a rags-to-riches theme. Although there are enough people to substantiate
the myth, it is still a myth.

The same skills it takes to succeed in any marketing business are required
in Network Marketing:

o You must have confidence;
o You must be assertive;
o You must be dynamic in your ability to express yourself;
o You must have enough resources to propel yourself through the challenges.

Those resources should include working capital, contacts, credibility with
your contacts, time, discipline, and a positive, crystal-clear vision of where
you intend to go with your business – weather it is easy or not.

The truth is that many people who are struggling financially are doing so for
a number of reasons, including low self-esteem and/ a lack of the basic skills
and preparation that allow one to succeed in anything. Network Marketing is
a powerful and dynamic economic model but not so powerful that it can over-
come people’s lack of readiness or persistence.

The fact that the people who are already successful in whatever they do, tend
to also succeed in Network Marketing. The great part is they are apt to do
better financially in Network Marketing because the economic dynamics are
so powerful.

Check back often for additional information and updates

The Good News About Network Marketing!

Network Marketing is one of the greatest opportunities available today
for the average individual to earn more money than ever before. It is
getting larger and more lucrative every year. As I stated in my last article,
Network Marketing, is a legal system for product distribution and distributor
compensation enabling all individuals to succeed. “Can Anyone Become A
Successful Network Marketer?” The answer is yes. “Does this mean everyone
who becomes a network marketer will make money?” No. Why? To become
a successful network marketer, an individual’s enthusiasm, excitement,
ambition and commitment will determine the outcome of success or failure.
You must become a student of the business and seek to learn what it takes
to be successful and commit to it. Network marketing is a business, it is not
a game or something in which to dabble. People who treat it lightly do not
succeed. People who treat it as a new career, a profession, and a business
have a reasonable opportunity to make it pay off very well. Many people
view network marketing as a get rich quick opportunity with little effort
or time required. They get caught up in the hype and fail to look at the big
picture. The big picture requires that you learn what products or service
your customers want and need, what reputable companies provides this
product or service and who is your competition. The first step is deciding
which company to join and what product or service to promote. This is a
crucial step and should not be taken lightly or rushed. An individual who
is serious about becoming a successful network marketer should take the
time to do the necessary research and investigation. This will mean the
difference between success or failure. Don’t get easily despaired if you
don’t see success in the first few months, just keep trying and tweaking
what you are doing. Evaluate what is right and wrong and adjust as necessary.
Have a goal and a plan to achieve to it.

What Is The True Definition of Network Marketing?

To set the tone for discussions/review on who can succeed in network
marketing let’s first examine what truly defines network marketing.

Network Marketing – also called Multi-Level Marketing or MLM – is a legal
system used for product distribution and distributor compensation.

In the United States, Network Marketing has repeatedly been upheld by the
federal and state courts for more than 50 years as a legal distribution and
compensation method when the following legal guidelines are followed:
1. The main objective of the business is selling viable products or services
at a reasonable price.
2. Each independent distributor maintains a retail customer base.
3. Potential incomes for recruiting others are not promised.
4. Distributors are not paid (head hunting fees) for the mere act of
recruiting others.
5. Distributors are not encouraged to buy more product than they can
reasonably resell.
6. The company must refund unsold product and sales materials,
including enrollment fees, if the distributor chooses to resign.

(These guidelines may vary slightly from company to company
but the basic overall requirements must be adhered to)

Because Network Marketing is legal, there is a great opportunity for
Network Marketing corporations and distributors to be highly successful.
Because of the opportunity Network Marketing offers the concept attracts
very dynamic promoters. Many Network Marketing companies have
crossed the line legally and as a result have been the subject of negative
media, as well as civil and criminal penalties.

Listen to how a Network Marketing company’s distributors present the
opportunity, and review the company’s business materials to discern if
the company is engaged in legal product distribution. Any business
opportunity promoted in a fashion similar to a lottery or chain letter will
not pass established legal guidelines. If you have questions about a
company, the Direct Selling Association (DSA), in Washington, D.C.,
is the professional association that represents and sets high standards for
the Network Marketing industry. The DSA has been in existence for over
100 years. You may visit their website at DSA.org.

Check back often for additional information and updates

Can The Average Person Make Money As A Network Marketer?

Average being a person with no specialized skills or training in sales
or marketing. I am sure many of you that have tried, or are contemplating
starting a home business has asked yourself the same question. You
get all the emails and see all the ads on your computer that says many
people are making large monthly and yearly incomes from the convenience
of their own homes in network marketing.

This blog has been created to help answer these questions. This blog
will contain weekly posts of information gathered from research on
network marketing, (facts as well as myths) and welcomes input and
feedback from successful network marketer’s willing to share
information concerning what it takes to succeed in network marketing.

Be sure to check back often for information and updates.