Benefit of Multi-level Marketing: Network Marketing.
Multi-level Marketing is one of the strongest business as of now, so if you are starting any Multi-level marketing than this are the benefit of Multi-level marketing. Here in this article I will be explaining all the benefit of Multi-level marketing, so just keep reading all the full article, and all the step by step guide.
simple terms, network marketing is a network of people who have access to a
range of products and services that are distributed through that network. Today
there are well over 20 million people around the globe involved in network
marketing, also known as multi-level marketing (MLM) or direct selling, and
this figure is growing. Manufacturers, many of them Fortune 500 companies, now see
it as a viable and credible alternative for distributing their products and
What is Multi-level Marketing or
is important to remember that you are going into business first and foremost;
in this instance, the type of business you are considering is a network
marketing business. Network marketing businesses each have their own
idiosyncrasies and opportunities. They can be incredibly rewarding on many
levels and as challenging as any mainstream business.
5 benefit of starting Multi-level
1. Work smarter, not harder
There was a time when simply
working hard meant that you had the opportunity to get ahead of the average
person who perhaps had a more relaxed approach to work. Today that is simply
not the case. Although a strong work ethic will always be important, it is no
longer the only ingredient. Success is about being smarter and often doing
things differently to the way we would have done them in the past. Network
marketing allows you to do just that, while at the same time giving you the
opportunity to associate with very successful people who understand this
principle and who have made it work for them.
2. Leverage and duplication
Leverage and duplication
are simply the ability to leverage your time and to duplicate your efforts. If
you are working in a traditional business, your income is largely governed by the
number of hours you can physically work in a week. In network marketing, as
your network grows, the time collectively invested within the network is
dramatically increased, and your efforts are greatly duplicated and multiplied.
You need to understand
that this concept is not unique to network marketing, but is a key ingredient
in most successful entrepreneurial enterprises. Most successful entrepreneurs use
it to build their wealth. For example, those who have established
large franchising businesses base their success on duplication and leverage of
one successful store, repeating it nationally and, ideally, globally.
3, Passive income versus active
Active income is best
described as having to continually work, trading hours for dollars, in order to
maintain that income. Passive income means that, in time, you don’t have to
physically do the work but you can still maintain the income. Given the choice,
most people would prefer passive income over active income. The majority of
people think of passive income in terms of the royalties paid to recording
artists and authors, or the returns on investment of property owners and
shareholders. Further to these are the entrepreneurial business owners who
derive large passive incomes from their businesses.
Network marketing is a
great opportunity to establish passive income. Many people who built successful
network marketing businesses now enjoy the passive income they bring. To get to
that point required effort and commitment, but the end result is worth it.
4. Part-time commitment still
One of the major advantages of
being involved in network marketing is the opportunity to establish it part-time
alongside your current occupation or business. For those whose dream has been
to own a business but who have feared taking the plunge due to the risk
involved in giving up a secure job and income to delve into the unknown, this
part-time aspect reduces that risk.
After building the network
marketing business part-time to a point that the income derived from it can
safely replace that from the job or traditional business, one can then comfortably
move into working the network marketing business full-time.
5. Creating positive cashflow
For the average person,
once they find themselves in this position it is very difficult to turn it
around, because the negative cash position makes it almost impossible to get ahead—unless,
of course, they win the lottery that they are all waiting to win.
Positive income is
basically the reverse, where your income exceeds living expenses. Network
marketing gives a person the opportunity to establish a positive income by
offering them a business that requires very little in the way of start-up and ongoing
costs, something they can develop part-time with no threat to their current
income and, in the big scheme of things, allows for very little or no risk.
6. You make money out of other
People often remark that
being in a network marketing business is just making money out of friends or
other people. But that’s just what any business does—it makes money from providing
a product or service to other people. If you were a tradesperson, for example,
and your friends wanted to engage your services to have renovations done to
their home, would you decline the offer because you didn’t want to make money from
them? Network marketing is no different from traditional business in that it
has a particular product or service available for purchase by those who choose
7. Creating wealth
Many people who have built a successful network marketing business have done so by recognising the possibilities in using it as a vehicle to create a large passive income and positive cashflow, and in using that cashflow to build their wealth. Benefit of Multi-level Marketing.
For many, not only is it and
opportunity to create a positive cashflow but it also gives them the ability to
associate with people who themselves have created wealth and therefore to learn
from their experience. Most successful network marketing business owners have
found financial independence through their network marketing business, and many
have used the positive cashflow to further build wealth through investments, property
or the purchase of other business ventures.
The most important message:
Being successful in any
business is more about attitude than anything else. Sure, if your business
concept is to sell ice to Eskimos, the best attitude in the world will probably
not help you a great deal and in all likelihood the business will bomb. But the
wonderful thing about most network marketing models and companies is that they
have been proven to work in the past—which means, at least theoretically, that
you can make it work as well. In other words, they are based on a tried, tested
and proven model, not some pie-in-the-sky concept that could prove to be
Throughout this book there
is a lot of discussion about setting goals, having dreams, keeping motivated
and having a positive attitude. We know that some people tend to close off a
little when topics like this are raised, but we believe, absolutely and
totally, that if you take the right mental approach to running any business
your chances of success will be dramatically increased.
Benefit of Multi-level Marketing
So if you take only one
key message from this book it is this: approach your network marketing business
with the right attitude, stay positive, have goals and dreams and you will make
it work for you. We suggest that you mark this page and read it whenever you
have those moments o