Are you considering starting Network Marketing business?
If you are, great decision! This is a wonderful industry that has a power to create financial and time freedom, while anyone can get started because of low start up cost, low risk and low overhead.
However, there are 5 things you would want to research before you invest.
If you haven’t yet downloaded my 7 Legit Ways For Moms To Make Money From Home, you can do so by clicking the DOWNLOAD button bellow.
5 things to consider
- TIME– expect to invest time to learn the skills and strategies to get you to the higher levels. Just like any other profession, network marketing also need to and can be learned. Some people get lucky or wish to get lucky, but eventually the level of income will be in the exact proportion of ones skill. Be willing to be coachable, follow ones who have done it before you. It will also take investment to read books, courses and for mentoring/coaching. That is the ultimate shortcut or shortening of a learning curve.
- PRODUCT- Has to be what people want and need, priced right, good quality and something they want to keep buying. There are products out there that people that people use once or a very short time. That means that we will be busy replacing new customers all the time. If you have a product that people will use for a long time and keep reordering every month creates retention, stability and your business will grow. The last important thing is, it has to be something you can stand behind.
- COMPANY– Do the research, see if company is in good financial standing. Start ups can be great, but also very risky. Same goes for the company that has been around for decades. They established reputation which is good, but also there isn’t much room to grow. Timing is everything, and if you are early enough and not late is the best time to join a company.
- COMPENSATION– You definitely want to know how you get paid. You want to be compensated the highest amount for your work. There are big differences between companies. Also that is fair to the ones who are just getting started. Find out HOW to make your money with the company.
- TEAM– 2 things you are looking in the team you’re joining are systems and support. You want to make sure there is a system in place to follow and that you have a team support. This is especially important when you are getting started because you don’t want to be spinning your wheels, but get into profits fast.
Benefits of joining
There are so many benefits of joining network marketing. Here are a few;
- Work for yourself
- Flexible hours
- Work from home/online
- Monetize social media and your mobile
- Timing- right now
- Tax breaks
- Residual income
Make a checklist
Now take this checklist and test the company you are looking to join, compare a few. Likely you’ve been approached by someone, ask them these questions and have them show you their business pillars.
I’d love to hear how this was helpful to you.
If you’d like to learn more about our company and business, go to WORK WITH ME section of my blog to learn more.
P.S. If you have any questions, I hang out mostly on Facebook and you can find me HERE. I also run a free Facebook group where you can find more fun content about healthy aging. You can click and join me here: Live Healthy and Happy.
