2013年3月17日星期日

The Real Truth About MLM-Network Marketing

First we need to define exactly what MLM/Network Marketing is. Simply put it is just another way of getting a product to the end consumer. It is done without the use of millions of dollars in advertising that is spent by the car companies, the beer companies, the soft drink companies etc. MLM/Network Marketing companies use word of mouth advertising and the millions of dollars spent by a normal company is instead put into the pockets of the Network Marketing distributors.There are many myths surrounding Network Marketing and I will try to explain some of those:MYTH: You can make a 6 figure income in less than a year working only 4-6 hours a week.TRUTH: You can expect to put in 10-20 hours a week for the next 2-5 years. Many companies are full of hype about how you can get rich quick in Network Marketing. If you come across these companies you had better run as fast as you can.MYTH: Make a list of all your family and friends.TRUTH: If you are like me, your family and friends have heard it many times before. With technology and the internet, your friends and family don't even have to know what you are doing and therefore will not walk on the other side of the street when they see you.MYTH: You have to go through 100 no's to get a yes.TRUTH: What a bunch of garbage. Just think if you wanted to get lucky with your wife and she said no 99 times, what kind of marriage would you have?MYTH: You need to buy more leads.TRUTH: Another bunch of garbage. Lead companies will sell each of the leads they get to 5 or 6 different people. I challenge you to name one person who has become successful using leads they have bought.Time to crack the code on the easiest and best way to build your business. This chart is called The Power of One It shows what would happen with your business if you only signed up one Distributor a month and your downline did the same. In some companies you would be earning $10,000 per month somewhere between months 8 and 9. This is what would happen after just 12 months:Month 1. 1 + 1 = 2Month 2. 2 + 2 = 4Month 3. 4 + 4 = 8Month 4. 8 + 8 = 16Month 5. 16 + 16 = 32Month 6. 32 + 32 = 64Month 7. 64 + 64 = 128Month 8. 128 + 128 = 256Month 9. 256 + 256 = 512Month 10. 512 + 512 = 1,024Month 11. 1024 + 1024 = 2,048Month 12. 2048 + 2048 = 4,096So, after 12 months you have personally sponsored 12 people. It is important that you understand the above chart because this is how your business could grow over time! I liken Network Marketing/ MLM to building a block of apartments. Deep foundations are imperative, or your business will crumble. It will be some time before you can see massive financial benefits from the fruits of your labors, if you are building your business properly eg: for your team to build their team etc. but for those who are determined, and persevere... the prize will be wonderful!

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