Why are so many people talking about or using Network Marketing for their home-based business opportunity? Is it that great of an opportunity? Can you make a living running a network marketing business from home? The answer to that is a resounding YES!
The history of Network Marketing dates back to the 1940s and today it is one of the fastest-growing industries worldwide! Today like no other time in the history of mankind are we so connected with each other. This connection, this ability to reach out and talk and develop a relationship with someone who is literally on the other side of the world allows anyone to build a successful and thriving network marketing business.
Network marketing started in the 1940s but didn’t start to take hold until the late 1960s. From that point up until the mid-1990s, an individual’s network marketing business was restricted to their immediate circle of influence. Or put in other terms, the family and friends. But now with the internet and social media, along with a laundry list of other ways to reach out can connect with people, an individual’s network marketing business can now be truly global!
We still haven’t answered the question “What makes Network Marketing so special?” and “Why Network Marketing?” For that, we simply have to look at the 3 major items that are accomplished in network marketing. The 3 items that through completing the simple basics over time, will allow you to create a lifestyle that is right for you. These 3 items are – Residual Income, Leverage, Duplication (or Geometric Growth).
Does Network Marketing Work?
Before discussing Residual Income, Leverage or Duplication we must first answer the question of “Does Network Marketing work?” For those that are active in the industry and know the truths, the answer to that question is yes. For those that are uninformed, they will say no. They will say that network marketing is a pyramid scheme or scam and it doesn’t work. However, they fail to see the bigger picture.
The facts of the situation are this. Every year there are thousands of companies, new and old, who start to employ the network marketing business model to sell their products and/or services. In conjunction with that, every year there are millions of people who start a network marketing business. Now every business is not successful, that’s the nature of the business, but, if the network marketing business model itself did not work, do you think businesses would invest millions of dollars into something that was a scam or didn’t work? Absolutely not!
As for the individuals who start a network marketing business and do not achieve the results they wanted. The very first thing that they will say is that network marketing doesn’t work. Their list of reasons will be long and varied, but what they won’t admit to is they didn’t do the necessary actions required to achieve their results. Make no mistake about it, to be successful in network marketing you will need to do work. You will need to do the basics repeated over time.
It is through this consistency that you will build your residual income, you will Leverage your time and money, and have Duplication that will allow you to achieve your results.
Will Network Marketing Work for You?
Network marketing is a booming industry. No other industry gives individuals from all walks of life, with different backgrounds and different skill levels the opportunity for income and freedom like network marketing. Having said that, the question that you have to answer “Is network marketing right for you?”
That is only a question that you can answer. The best way for you to answer that question though is to be informed. Get your information by asking questions and opening your mind to the answers that you will receive. Do not get caught up in the hype, but also do not let fear get in your way.
For many people starting a network marketing business will make the individual step outside of their comfort zone. This uncomfortable feeling can result in anxiety, stress and an unwillingness to do the essential tasks required to build their business. It is one thing to recognize this, it is another to overcome it.
The best way to get through the initial personal growth phase is to have proper support and guidance. Make sure to have that support in place before you start. If you need help with understanding what is involved in a proper support team, let Engineered Lifestyles help you. Simply contact us through our Contact Us page and specify what it is that you are looking for. One of our Master Mentors will be glad to talk with you and help you get the information that you need to make your decision.