The Network Marketing Maze
by William Cox
To the newcomer, the world of Network Marketing can be a perplexing maze of new
ideas, products, services, schemes, and let's face it, scams. The failure rate
for network marketers and other home based businesses is staggering - reportedly
about 95% - but as the industry grows and matures, that trend will change.
As a newcomer myself, I've learned a few lessons the hard way...and many of you
know what those are...but I believe I can offer some good advice for the
beginners even though I can't claim to be a veteran. None of the information
presented is particularly original - any lesson I've learned painfully has been
documented by someone before me - the trick is to apply the experience of others
to your endeavors to avoid making the obvious mistakes that will impact your
attitude (and your wallet).
1. Get a mentor! Or several...many of the things I'm writing about have been
taught to me by people who have achieved success in Network
Marketing...capitalize on their experience!
2. Have multiple income streams...or as Grandma used to say, "Don't put all your
eggs in one basket".
3. If you intend to concentrate on selling a particular product line, buy and
use the product before you invest time and money in the business. Unless you're
a professional (or natural) salesperson that could sell ice cubes to Eskimos,
you're going to have a hard time selling products about which you are not
passionate. Even then, keep in mind that direct sales is a tough way to go for
most of us - if you're easily discouraged by rejection, you should think about
following a different path.
4. Be a little skeptical about the opportunities you look at - but don't be so
negative that you reject anything and everything just because it doesn't fit
into your preconceived notions about what will work.
5. Attitude is key - believe in yourself and your capacity for success. There
are a ton of personal development books, programs, websites, etc. available -
tap into a variety of resources to keep a positive mindset going
6. Ignore all the "dreamkillers" that you run into - the easiest way to fail is
to allow someone to convince you that you can't succeed. Even if they believe
they have your best interests at heart, or have tried and failed themselves
doesn't mean that you can't do it!
7. Understand that you are going to have to develop new skills and talents to be
successful at Network Marketing - and there is a ton of free information on the
web that you can use to do so.
8. Be realistic about the time commitment necessary to building any business.
You don't have any "spare" time - you're going to have to make time by giving up
something you enjoy - like watching the tube for a couple hours each night
before you go to bed.
9. When you do start to make money, don't start spending it like there's no
tomorrow - invest it back into the business, pay off bills, start a savings
account - and remember that Uncle Sam is going to want a piece of it on April
15th.
Stay tuned for further developments as my journey to success in Network
Marketing unfolds!
About the Author: Bill
Cox is a budding entrepreneur and network Marketer learning to capitalize on the
power of the internet to build multiple income streams.
Check out the
1 Step System
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Source of this article:
www.goarticles.com
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