The rarely told truth about network marketing

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 them

You 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.

How To Build a Duplicating Downline

Regardless the controversy that the term Multi-Level Marketing (MLM) or Network Marketing brings to mind when mentioned in a conversation, the success of such an industry cannot be denied at the moment.

The long existence of multitudes of MLM organizations is a wonderful indicator that network marketing is here to stay and flourish. As such, additional people are trying to join the bandwagon, building their own MLM .

But, a lot of people are completely misguided or misinformed resulting into the collapse of several network marketing businesses. True that it is difficult to maintain multi-level marketing that could proliferate well, but undoubtedly there is one key component for a network marketing organization's success, and that is a duplicating downline.

Most people do not know how to build a duplicating downline, but hopefully with the tips to be presented, one may be able to gather a well generating force that almost immediately translate into a productive MLM business.

Multi-level marketing certainly entails leadership, specifically when building a downline. Since building a downline is only another designation for the recruitment process, great people management skills is important in order for the downline to operate well, and thus duplicate.

A lot of people think that network marketing is a self-generating business, but if that was the case, then no MLM organization would have had failed. Downlines certainly not duplicate on their own, even if the product being marketed is perfect. The people in the downline are to be trained and mentored well or else the business would take no direction and would lastly fall flat.

The person on top of the downline may be able to sign multitudes, but that does not guarantee duplication. Without a clear direction, the network would not expand towards success, but instead be paralyzed. The ones on top may easily put the blame on the ones at the bottom, but who recruited the people down there anyway' Managing a multi-level marketing organization entails a lot of generosity and selflessness.

Duplicability is after all not just the expansion of people in number, but the duplication of the success throughout all the people in the downline.

It is a sad fact in human life that a lot of people think only for themselves. The people on top could think only of their success and see the ones under as nothing but machines to propagate the success. But that cannot happen in multi-level marketing.

In order for the top to succeed, the bottom should be able to succeed as well. When building a downline, one should have a mindset that allows the success to trickle downwards, and not just to remain on top.

The founder of the network marketing organization should be very conscious that what he or she was able to do, the people in the downline could do perfectly as well. There should be no secrets within the organization for the downline to duplicate.

The topline should be able to share and teach the downline the same philosophies and techniques so that the success of the top could be replicated by people in the downline.

Building a duplicating downline actually means duplicating one's self. This means that when building a downline, one does not just inform people how to sell, rather, one influences or even infects others with one whole self, well at least just the business component of one's self.

When building a downline, one has to transmit the psyche of the top to the bottom, the bottom should be able to act in the same way as the ones on top.The downline ultimately becomes one with their organizer or founder, they should be able to share the same dreams, anxieties and hopes so that the success that the ones on top experienced would be replicated by the ones on the bottom.

This speaks a lot about the recruitment process itself. True that is hard to enlist exact copies of the founder, but one has to carefully enjoin individuals who have the capacity to act and think in the same wavelength as the recruiter.

In this light, the leader of a network marketing organization should reflect and see how the connection with the downline, or the prospective downline is. First one has to be sure if the people in the downline could relate with the leader and vice-versa. Duplication is unachievable without proper relation. Second, the leader should act in a way that is not so alienating to the downline, otherwise they might think too highly of the leader that they might assume they would never be able to be like him or her.

Again a duplicating downline should have a duplicable top. With this in mind, building a duplicability can be ensured as well as the success of the business.

Five Stumbling Blocks To Successful Networking And How To Overcome Them

The ability to connect with people is essential to success in any business.  Professional networking events present opportunities to interact with others on a personal level and to develop profitable relationships.  These occasions are critical for anyone who wants to grow a business or promote a career.

Many people are simply not comfortable walking into a room full of strangers and striking up conversations.  Here are five common stumbling blocks that you may face and tips to help you overcome them.

A RELUCTANCE TO TALK TO STRANGERS.  You were taught at an early age not to speak to people you don't know.  It's not safe.  In certain situations today this is still good advice.  In business, however, talking to strangers is a way to generate interest and support for your products and services.  If you only talk to the people you already know, you will miss out on opportunities to make new connections and establish valuable contacts.

To get past your discomfort in talking to strangers, set a goal for yourself before you attend any networking event.  Decide how many new contacts you want to make or how many strangers you want to meet.  In some cases, you may specifically target individuals whom you'd like to know.

Next come up with some icebreakers or conversation starters. Have questions prepared that you can ask anyone you meet at the event.  You may want to inquire about other people's business, their connection to the sponsoring organization or their opinion of the venue.

LACK OF A FORMAL INTRODUCTION.  It's much easier to make a new contact when there is someone else to handle the introduction and pave the way.  If you wait for another person to make the move you may not meet anyone.  At networking events, the goal is to meet as many people as possible.

This is the time to take the bull by the horns, walk up to people you don't know, introduce yourself and start a conversation.  You can do this if you have prepared your self-introduction in advance.

You will not introduce yourself the same way on every occasion. Perhaps it is your first time to attend an association meeting. In that case, you might want to say that as part of your introduction.  Let people know who you are, why you are there and give them a reason to ask more abut you.

FEAR OF BEING SEEN AS PUSHY.  You may think that you will turn people off if you are assertive and that if they want to talk to you, they will make the first move.  If this is your line of thinking you will find yourself spending your time alone at the reception or meeting function and leaving without a single new connection.  Being open, friendly and interested does not turn people off.

You will not come across as overly aggressive if you seek out the "approachable" people.  These are the ones who are standing alone or who are speaking in groups of three or more.  Two people talking to each other are not approachable because they may be having a private conversation and you would be interrupting.

THINKING THAT OTHER PEOPLE MAY NOT LIKE YOU.  There is always the risk that the other person is not interested in you and doesn't want to meet or talk to you.  It happens. If that is the case, don't take it personally.  Nothing ventured is nothing gained.  When you get a cold shoulder, smile, move on and say to yourself, "Next?"

HAVING YOUR INTENTIONS MISUNDERSTOOD.  Approaching someone of the opposite sex to begin a conversation may seem more like flirting than networking.  This is more of an issue for women than men.  Women have an equal place in the work arena and need to make professional connections the same as men do. Women in business can no longer afford to hold back when there is opportunity at hand.

Neither men nor women will have their motives misinterpreted if they present themselves professionally in their attire and if they keep the conversation focused on business issues or topics that are not personal or private.

Whatever your stumbling blocks, face them before the next networking event and devise a personal plan for getting past them.  Once you do, you will find yourself connecting with confidence and courtesy on every occasion and the results will be reflected in your bottom line.

Top Networking Marketing Opportunities – Is There Such A Thing?

Top networking marketing opportunities, also known as multi-level marketing opportunities, run rampant on today’s Internet.  You’ve no doubt received some kind of solicitous e-mail or seen some kind of advertisement in the margins of a web site you’ve visited that talks about amazingly easy ways to earn thousands of dollars with a simple home based business.

The truth behind many of these “top networking marketing opportunities” is that they are using the sign-up fees from new members to pay dividends to existing members rather than actually generating any revenue from legitimate products and services.  So no matter how much money they promise to make for you, if you can’t see any discernible product or service of value involved in the opportunity, you can assume that this is one of those “top networking marketing opportunities” that is actually an out and out scam.

The truth is that for many of these top networking marketing opportunities, only one out of every fifty or a hundred people who get involved actually make the kind of returns that the opportunity dangles as a carrot in front of you.  In fact, the actual numbers might be far less than this.  It’s never as simple as “pay for the secrets and start raking it in right away.”  Anyone who does make returns on these so-called top networking opportunities work hard to sign up plenty of other affiliates, many more than the “it’s so easy” testimonials make it sound like you need.

When you come across one of the “top networking marketing opportunities” on the internet, guaranteed to help you retire and live easy within a year, be wary.  Do your research and find out what people who have been involved in these opportunities actually have to say about their results.  Make sure you research these opportunities on objective third party sites, not testimonials on the opportunity’s home page.  Keep your common sense, and good luck!

How to Get Targetted MLM Leads and Have Fun Doing So

Leads are the life line of any business. If you don't have anyone to talk to about your opportunity or product then there is no way you can build a business and make money, simple as that. With most MLM companies out there telling you to talk to your friends and family (which ends up being more like chasing them), what can a person do to get fresh leads on a daily basis?

When looking at your options on how to get hot MLM leads, I have a few recommendations of what not to do. Obviously, don't chase your friends and family. Only bring up what you have to offer AFTER you have established a need or want that you may be able to fill.

Second, I don't recommend buying leads. I have bought leads from several companies, all with the promise that they were fresh, new, and knew exactly what they were opting into. Of course, unless you wanted to pay $5-10 per lead, then you would have to share the lead with 2-3 other people, but rest assured they wouldn't be in the same business. There was a huge problem with the whole thing, it just didn't work out and it definitely wasn't worth the investment, both time and money. It only left me frustrated and desperate which never works when it comes to recruiting people into your business.

After 7 years of failure, I finally figured out how to get hot MLM leads. Are you ready? Learn attraction marketing and generate your own leads. Learn marketing techniques that get you in front of a target market, draw them in with value, and then have a place to capture their information so you can in turn get them more information. Never sell them on your company on products. Always sell them on you, who you are, and what you have to offer (i.e. motivation, education, training, support etc.)

With proper training, you can find the people who are specifically looking for what you have to offer, and learn how to weed out the ones that aren't really that serious. But the whole point is that they are coming to you, seeking you out for more information. Does this sound too good to be true or too difficult? Well, it's not I promise. If I can do it, you can do it!

This is what you need to generate hot MLM leads; get a proven attraction marketing system/MLM recruiting system. This system needs to have not only training, but tracking, auto-responders, capture pages, and support. This system needs to have testimonies of people getting results. There are many people who claim outrageous results, make sure you research and see that the results are backed up by proof.

You can definitely lean how to get hot MLM leads with a good system in place to back you up. Get this in place and I can guarantee you that your business will not only, never be the same again but also your bank account. Nothing will get in your way of success.

Get Hot MLM Leads [http://www.fruitfulnetworker.com/?t1=GetHotMLMLeads/] using the #1 Attraction Marketing System on the Internet and Begin Generating 20+ leads every single day!

For a place to get Targeted MLM Leads, visit - Targeted MLM Leads.

Network Marketing the Simple Way - How to excel in the MLM Industry.

Network marketing could be tricky. A lot of persons are aware that they could be scammed or could be webbed into something they could not get out of. But of course, this all depends on the legitimacy of your network marketing business. Provided that your business is 100% permitted, then here are various tips to do network marketing in a very simple way.

1. Think Positive. Your outlook will all determine it. Imagine of all those revenue that you can earn. Remember, the hardest customers you will encounter are the first ones. So don't give up. If you can handle to get your first two referrals or recruits, the rest will follow as easy as pie.

2. Focus on the advantage. Yes, it could happen that your friends and family will listen closely to your sales pitch but will put you off eventually. They always appear to say no, although nicely. Well, you need not push them. But if you emphasize what they could be missing if they don't sign-up, the tables might turn. You might get a lot of down lines than you could ever hope for.

3. Use the internet. Networking is simple if you can reach out to a lot of people. Produce a website. Begin forums and threads. Tell everyone you come across the internet about the great opportunity. The law of averages applies. The more persons you talk to, the more persons you may persuade.

4. Select your market. If your network marketing business has a certain product, let's say bath soaps, you will appeal more to women than men. You will save a lot of pains and energy if you pre-select your candidates than just barking on every tree you encounter. Pre-qualify, but be cautious not to overdo it.

5. Be Educated. You have to demonstrate your customers your trust in your product and the business. You have to totally grasp all its bits and pieces. This way, you can explain the process entirely in one run. If you know a lot around your products, more individuals will believe in you.

6. Have First-hand Experience. It would be simple to sell if you, yourself, have proven that the structure works. You can show your prospects your own earnings, paychecks, and collectibles. Show them how effective it is with you. If it has worked for you, chances are, it will work for them too.

7. Give Referrals. A network marketing business occasionally is being solely based on the company's and your personality and character as its marketer. This is remarkably true if there is a demand for an primary investment. Show them it is legal. Show them you are trustworthy. You needed to do that to get into them.

8. Demonstrate the Company's Financial Capabilities. If they wanted to earn big, they intend to get it. Individuals should feel that they won't get turned away when the show up and collect their income. If they can see the company's financial backing beforehand, then they won't have doubts about their income being held or not given on time.

9. Be of Full Support. Individuals who are getting second thoughts about all of these would require additional direction and assistance. Be certain to spot individuals who are just buying time because they can't make up their minds on the spot. Help them decide. Be present to their needs. Address their apprehensions. Summon all your convincing ability

10. Use Every Online Tool Accessible. The internet has different avenues and tools you can use freely. Build your own blogsite. Advertise with different websites. Join affiliates program. There are so numerous useful things online that you can take advantage of.

Network marketing is a concept which can make you earn residual income quite easily. Although it becomes easy just when your first line of referrals are all doing as well. But past that, network marketing is sure to give you riches, especially if done the proper way.