Today I am going to talk about something that seems to be one of those things that people either love or hate. What I am talking about is network marketing, also called mlm or multi-level marketing. Right from the beginning I will say that there is no need to have extreme views about this, it is simply a business model that you can use if you wish.However, it is crucial that you understand HOW the business model of network marketing works.I think there are basically two reasons that some people seem to be almost electrocuted, simply by hearing someone mention the word network marketing. Either they have tried it themselves, and because they didn't have a clue on how to do it they failed miserably. Or they belong to the group of people who can't get the idea that mlm = pyramid scheme out of their heads.This second misconception is easy to debunk. Pyramid schemes are illegal almost everywhere, do you really think large multinational companies could operate year after year on an entirely illegal basis?Secondly, this view on network marketing shows that the speaker is ignorant. He or she hasn't done an ounce of homework on the various businesses that are available to each of us today, and they are ignorant of the industry itself.This means they aren't serious. It means they "would like" to make more money, but have no intention of making it happen. They continually "look" for home businesses, which is enough to satisfy their minds that they "did everything they could", but everything they find out there is flawed and are "scams". They are looking to buy "hope", not a business.There is a Chinese saying that goes something like this:"If you spend too much time thinking about your next step, you will be standing on one leg for the rest of your life". Yes, there ARE scams out there, but mlm is not a dirty word and it is not a synonym for scam. Get over it!***********************************************BREAKING NEWS! Corporate America a Pyramid Scam?***********************************************As for the comparison to a pyramid in general - think of any company that comes to mind. The company will probably have a CEO, president, vice presidents, middle management, a sales force, and hourly employees.It goes without saying that the guy at the top, the CEO, is going to make the most money, and the compensations continue to decrease down the ladder which starts at his cushy leather chair. The only way to get paid more and move up the ladder is to boot someone else out of their spot - and this is what people call okay and normal!Not to mention the fact that the corporate slave masters seem to have no problem with working people to the limits...and then kicking them out the door before any of the benefits kick in. (As always there are some exceptions, of course). How is this any less pyramid than network marketing? All people in the company work hard, but ONLY those at the very top has "permission" to make a lot of money.Now, in network marketing the basic idea is that it will be of great benefit to everyone involved to help people who are new reach the top. In fact the whole business idea hinges on this idea - the only way to become really successful in the long term is to help others. Of course there will always be a mathematical limit to how large a network can become, but with todays global marketplace, and a suitable compensation plan, there is usually plenty of room for everybody.A network marketing company can diversify and find new markets, just like all companies have to.But what about the miserable statistics of network marketing, the over 90% drop-out rate etc.?This is mainly caused by the simple fact that not that many people know how to do network marketing correctly. And I must admit that some network marketing companies are responsible for this themselves, by providing useless ideas like making a "100 list" etc.You see, this is a somewhat unique industry. Most people don't realize that network marketing is a business of marketing and promotion pursued by people who have NO IDEA how to market and promote.Read the above paragraph once more and let it sink in...If you are going to be involved in network marketing you need to develop both the right mind set and acquire the right knowledge (no, they usually don't teach this in college).You must learn that when you do this business right:* You don't have to "sell"* You don't have to ask people to join your business.. They ask you!* You don't have to post "work at home" flyers!* People will PAY YOU to prospect themYou should learn that this is not at all about the Vitamins or whatever product your company is selling. In fact, this is one of the single biggest mistakes people make in network marketing.
Network Marketing is an excellent way for the "average Joe or Jane" to make an extra income. This business concept has been around for decades, and it will not disappear any time soon. The reason for its popularity is simple... It Works! It does however, require lots of work and most importantly, dedication and persistance to get the job done. The best part is, once you are able to set up a solid network, your business becomes MUCH less time intensive. Almost like going on "autopilot". The key is to get there as fast as possible. Here are just a couple of tips I have found to be helpful in maximizing your Network Marketing Business: 1. Use your products regularly. This is Number 1 for a reason, this is the most ignored part of ANY network marketing business. How do you expect your business to succeed if you will not even use your own products? It does seem silly to even have to bring this up, but there are many who are not using their own products, and wonder why they are not making any money. Make a commitment to use your products for a year, and see where your business goes. 2. Educate yourself constantly. This is very important! You must rid yourself of negative ideas, sometimes referred to as "stinkin thinkin". This can be done in a variety of ways. I recommend reading at least 15 minutes a day, but try to shoot for 30. Business and self-help books are a great way to start. Don't forget your Multi-level magazines, as they are full of tips and advice. Lastly, listen to cassette tapes on multi-level tips from top earners in your business. 3. Spend as much time as possible with your upline. Your upline should have only one goal in mind, To Help You Succeed! They are a vast source of knowledge and information. Mingle with top distributors in your group, or other groups, and ask how they made it. Most everyone should be more than happy to provide you with excellent tips and advice.4. Present your products and marketing plan personally to at least one person daily. Remember above when I said you are going to have to work, well here it is. Now here is the key, the prospects to whom you present your plan, do not have to be yours personally. Show the plan for your downline, and not only will you create "security" by placing members in your downlines' downline, it will also give you a boost in your personal income! I can guarantee if you were to follow this rule for 6 months, you would create a downline with enough width and depth to create an income to sustain you and your family for life. 5. Care for your downline. An entire book can be written on this topic. Usually, it's the little things that show you really care. Try to maintain regular contact, and always praise your distributor's accomplishments. You can even offer incentives for specific achievements, such as money, travel, recognition, or other rewards, to help motivate your group.6. Duplicate yourself by making distributors independent of you. This will help to multiply your time, thus making you and your group more effective. Always lead by example. Never stop recruiting, training and retailing. Remember the KISS formula - "Keep It Simple, Sweety" I know, I know, I changed the last word, but it maintains the meaning. This can be done my conducting simple, brief, yet dramatic presentations, and teaching your downline to do the same. 7. Create a large customer base. This is another largely ignored, yet very important, piece of your "network marketing" business. Many try so hard to build a huge downline, that they forget how much profit they could also make by selling their products to retail customers. Some people will just not want to become part of your downline, no matter how great a product/system you may have. This does not mean they will not be personally interested in your product. Try to make everyone your customer. Once you earn their trust, they will come to you more, and perhaps even join your downline later. Always "leave the door open", as people's needs do change. 8. Focus on your customers needs. You must give customers more than they expect, and always satisfy your customers complaints immediately. Try to listen 80% of the time, and talk only 20%. As stated above, your customers can be a huge source of future referrals and/or business. You must earn and maintain their trust. Once you have their trust, you can always ask for referrals, which leads to even more business and a larger downline. 9. Set daily, weekly, monthly, and yearly goals - and Write Them Down! You may have heard the expression, "How do you eat an elephant? One bite at a time." Breaking up a larger goal into smaller easily attainable goals, is the key to success. You cannot just jump to the end, you have to make progress everyday. Writing them down is another largely ignored, important tip to help you succeed. A goal is just a "passing thought", or "wish" until you put it in writing. That is when it becomes concrete and real. It is also a great idea to keep a business journal of your daily activities, as it will help you to become more productive and time-conscious. 10. Get Out There And Do It Now! All of the knowledge in the world is useless and unprofitable, until you put the most important ingredient of them all in place. This "secret" ingredient should come as no surprise at all, but this is the #1 reason for failure at anything in life. It is ACTION! Remember, knowledge is useless without action. Following these steps will almost give you immediate results. Thank you for reading this, and I truly hope this has provided you with valuable information to help you and your business grow and succeed.
You can never underestimate the power of networking. Often success is directly proportional to the size of the social circle. Whether you are looking for an entry level job or wanting to climb the career ladder you will need some kind of networking savvy in order to survive in the business world. If you are looking for an entry level job your networking skills might be more important than the quality of your CV. Research shows that most jobs are obtained through contacts before the jobs even become open to the general public. In the established business world strong networking skills are shown to be one of the most powerful predictors in success. If you struggle with people skills and need some help expanding your network read on. You will need to collect up all the business cards and contact numbers of the people you already know. Make one central place where you keep all your contacts' information. The Internet opens up a myriad of opportunities for those nervous about networking and interpersonal skills. With email and web sites you can reach a wider network than you ever could the 'old fashioned way'. Even building a simple website could open up many new (international) contacts and opportunities. If you are able to effectively network online can be one of the most effective tools for those seeking jobs. Discussion forums, newsgroups, discussion groups and exchange ideas - and most importantly contact details. There is no substitute for good old fashioned networking. You cannot replace the value of a first impression or underestimate the importance of really meeting people vs meeting online (although online meetings can reduce the stress and pressure associated with the first meeting). If you are hesitant about networking because you lack confidence, then perhaps consider joining an organization such as Toastmasters. This is a public speaking organization which will help you build confidence and you can join from anywhere in the world. An added bonus - you will meet many new contacts and expand your circles.Get creative with your networking. Look for opportunities to meet people and widen your social and business circles. If you are new to the job market, here are some networking strategies for first time job seekers. If you are looking for a job you need to keep expanding your network continually. 1. Make sure you understand how to use the internet to search effectively. Use all ways you can think of to come across new opportunities as they arrive2. Create a spreadsheet or table, of all your contacts. Add as much information as you can: things like company names, titles, names of key contacts, phone numbers, and emails - any information you can. Leave space for notes and keep your table as organized and up to date as possible. 3. Regular contact: this is vital to the success of your network. Use any opportunity to connect. Ask advice, offer information you think will be useful to them - find reasons to communicate. When they respond make sure to thank them. It's important not to take your network for granted. 4. Initiate face to face contact whenever possible. 5. Never pass up an opportunity to get out there and network. If you are in an industry that requires more networking and socializing then limit the amount of times you may say 'no'. For example for every 2 invitations you turn down you must attend one. 6. Collect your contacts and feel free to call on them should the need arise. 7. Thank your contacts whenever they do something for you. Always be polite and courteous and do your best to respond to them timorously too. You want to come across as professional. .
HYIPs are not paying period. 99 percent of all high yield investments and business opportunities on the internet are proven scams. Why do I know because, Ive been there, done that and I know how most of the people who get scammed by the hyips what it feels like. This is the last program I'll ever be involved in!Our target projection for each member is to receive $4,000,000.00. Snowball Funds will allow you to be WEALTHIER than your wildest dreams. There is nothing complicated to learn and the entire process is a one time payment of $24. And with 6 billion available members worldwide, we can help each other attain financial independence.Your best investment ever!!! Gas prices are rising to record levels and commuting to work is not a viable alternative anymore.You are about to discover how to make a six figure income using one of the best affiliate programs out there, the only one where you get paid on all 6 levels!The cost is only $24 and this will buy you powerful e-books and tools to help you succeed in any type of business on the net. You buy these directly from your sponsors. You dont need to sell this e-books, this is optional, follow the procedures below to start earning immediately.All you do is-Sign up for an account, Pay your sponsors $4 six levels up (paypal or e-gold). Then youll receive your ready to start businesses, along with your site and your name added to the bottom of the sponsor list. Promote your site and start watching your inbox get flooded with payment notifications!No need to wait for your name to reach #1 position, youll get paid on all levels, and there are no admin fees! Unlike other programs, this one has low risk high investment return reward!Join now!http://www.snowballfunds.com?ref=60
Whether youre an introvert or an extrovert, feel like you have the gift of gab or just dont know how to make small talk, networking know-how is very important for your business success. There is a notion in business that I believe most of us subscribe to that says all things being equal, people will do business with and refer business to those they know, like and trust. And the key to this is obviously being able to develop relationships.Think of networking as the cultivation of mutually beneficial, win-win relationships. In order to be win-win, there must be GIVE and take (notice the emphasis on give). Networking shouldnt be viewed as events where you go to sell your business. When effective networking is taking place, the parties involved actively share ideas, information, resources, etc.Ok, so you know that you should be networking because it is one of the most cost-effective lead generation activities when used wisely, appropriately and professionally. But, maybe that seems easier said than done. Heres a seven step plan to really get going with networking for your business.1. Check out several groups to find the best chemistry and perceived value. Most groups will allow you to come and visit at least a couple of times before you have to join. Go and ask around to find out why others have joined and what value they get out of belonging.Resist the urge to just go join the Chamber of Commerce simply because everyone tells you thats what you need to do. If thats not where your target group can be found, then you might just be wasting a considerable amount of time (and money).Im not telling you not to join the Chamber. Just be clear about what youd like to get out of this or any other group. If its to find prospective clients or referral sources, then you need to be networking where those resources can be found.2. When you find a group or two, join and go to all the meetings you can. Dont go just once or twice expecting things to happen and then if they dont quit. Building mutually beneficial, win-win relationships will take some time.The contacts you make need to constantly see your face and hear your message. Continual contact with others over time will open up opportunities for you to go deeper and learn more about each others thoughts, ideas and capabilities in regards to your respective businesses.Know, like, and trust generally only happens over time. Being regular and persistent will pay off.3. Get involved - be visible. Do as much as you can to make yourself more visible within the organization. Volunteer to help with meetings, be on committees, or become a leader or board member.Being involved does a couple of things for you and your business. First, youll get more opportunities to establish connections and get to know some of the contacts youve made even better. Secondly, the higher the visibility you have in the group, the less youll have to work to make new connections. Instead, as new people come into the group, they will likely seek you out because they view you as a leader within the organization.4. Keep your circles of contacts informed. Dont just assume that running in to someone once a month (or even once a week) will cause them to start doing business with you or sending it your way. You need to let them know whats going on when youre not at that particular group in order to inform and educate them.Send them invitations to your events or open houses. Send them email or letters to share big news or success stories, especially anything of relevance to them or those in their networks of contacts. If you believe that you have valuable ideas, information and resources to share with others, then doesnt this just make sense?5. Work at GIVING referrals and sharing valuable information. Thats right, you need to be willing to GIVE before you get. That means you need to get to know other members and what makes a good prospect for them. What kinds of information might you have access to that could be useful to them?You may initially think you dont have much of value to share with others (besides your business and what you provide). Part of the key to getting good at giving is to not make assumptions. For example, dont assume that some basic resource (e.g., a web site) that youre aware of is familiar to someone you might be talking to just because they are the expert in that field. Be willing to ask if they know about the resource and ready to share if they dont.Want to get better at actually giving referrals? Heres a simple question to ask someone youre connecting with. How am I going to know when I meet a really good prospect for you?Just the fact that you are willing to explore giving will elevate your know, like and trust factor.6. Focus on Quality, not Quantity, Quantity, Quantity. Its not necessarily about the number of connections you make, but about the quality of the ones you do make. Are they mutually beneficial, win-win relationships?Quality connections will be identifiable because all involved parties will be actively sharing ideas, information, and resources. Yes, it is true that you need to spend some time and effort getting to know the other person(s) and whats important to them. But, you also need to be clear and actively thinking about what information or resources you want and need.Staying in touch with and following up with a smaller number of quality relationships will generally be much more productive than trying to follow up with a larger number of superficial contacts.7. Be persistent, but be patient. The goal of a networking event shouldnt necessarily be to come away with prospects every time you go out, but to come away with great connections. Networking usually takes time to get the relationships developed and nurtured.Dont approach networking as a scary proposition or a necessary evil for being in business. Take the pressure off yourself and really focus on how you might be able to connect with someone you meet. Focus on them first and look for ways to be useful to them. As you become known as a connector youll eventually be ready to reap what you sow.