This post may contain affiliate links. Please read our disclosure to learn more about how we recommend products and services.
Most of us have been approached at some point in life by someone pitching a network marketing opportunity as a way to earn some extra money. Many of us have even taken the plunge (for better or for worse) into the wild west of theÂ business known as networking marketing (a.k.a. MLM). So how did that work for you? I know how it worked for me; sometimes good, sometimes not so good. What I have also learned is why it doesn’t work most of the time for most people.
The good news is that network marketingÂ can and does work or the companies in question would be outlawed by the FTC as they are highly monitored and often looked upon with suspicion. Here is what you have to keep in mind; it is a business so you will need to make an investment. If your money is very tight and you are looking to fix a short term cash flow crisis, network marketing is not going to be your best bet in most cases.Â There are very few successful companies that you can join at no cost and make money with the short term
Here is what I recommend if you want to consider a home based business in network marketing.
1. If you are looking for a way to make money from home, do your homework before investing your hard earned money into ANY business opportunity, whether it’s a networking marketing company or not.
2. If you do consider a network marketing company, make sure that you are 100% sold on what you will be selling, or encouraging others to buy. Without a 100% belief in what you do, you will most likely mot do well. That pertains to life in general.
3. Treat it like a real business. Know all of the costs up front, know what you have to do to earn money, and know what actions produce what type of income.
It’s not easy – meaning, you won’t likely make lots of money up front and with little effort – but if you are diligent and choose a company that suits you, you might be one of the success stories that people talk about.
If you are already involved in network marketing and want some tips, I encourage you to purchase my book The Network Marketing Success Guide on Amazon. It’s available in Kindle format, but you can download a free kindle reader for your computer or smartphone if you don’t have a Kindle device.
I’d love to hear your experiences with network marketing, and if you get my book, I’d love to get your feedback.
Wishing you success!