While it is not easy as some would have you believe, being successful in network marketing is a simple business model. It has three very strong and powerful things working in your favor. They are:
1) The Power of Duplication
2) Passive Income
3) Part Time
The power of duplication means that it is not going to be only you doing all the work. You will have promoters collecting customers and generating sales volume underneath you and you will be getting a portion of these profits directly to your bank account.
Usually your overall pay percentage will increase as the volume of sales of your team increase as well. This means that not only do you earn more per sale but also that your overall volume of sales has increased making you more money in two ways. Your power to make money will be duplicated over in several ways with multilevel marketing.
While the numbers are not staggering as far as the dollars earned per customer, it's not the point. The point is, you didn't have to expend any effort to get it which means you can do it a thousand times over without wearing yourself out.
The other thing is that you have no money sitting on the shelf. With network marketing, the product is directly shipped saving you the cost of having money tied up in product on the shelf. Or paying a lease or rent for retail frontage.
A famous network marketer once said that you can lead a thousand but you cannot carry three on your back. That is the key with this business. Duplicate yourself with a great team. The efforts of the many will translate to a large income for you.
Passive income is the essence of making extra money without wearing yourself out and that's why it follows number one on the list. Passive income is just what it says. You do not do anything to earn it. It could be either someone earning it for you in your down line or continued sales from your own customers already on auto ship of your product you sell.
Third is that it is part-time and that means there is no real risk to starting other than what ever cost you had to pay for your initial product to promote. Some people actually complain about this but it is a great thing in reality. When you have your hard money initially invested it helps you get off your but first thing and get moving while the idea is fresh and motivated.
If it was free to get in on a business, many people would start and quit because nothing is on the line. Since your new business will be part-time that means you can continue with your regular job full-time while you work on your fortune part-time. Eventually, the network marketing company of your choice will provide you with ever-increasing amounts of passive income until you have enough that you will want to quite your full-time job.
Of course, no business system is a magic genie where you never have to do anything and the money rolls in. Network marketing is no different. You will have to work on your sales, recruiting and getting on the phone. If you do this, your life will never be the same.
