Saturday, June 11, 2011

Network Marketing vs Traditional Business


Even Network Marketing carries a stigma from the past in the Marketplace more people these days, considering to join this business model driven primarily from desperation the corporate world and the system have created to them. Unemployment has been sky rocket and countries like Greece, Portugal, Spain, France, Ireland, are one step before bankruptcy. People are loosing hope and everything was taken for granted just 3 years ago suddenly looks charmly antique.  But joining network marketing due to desperation or due to over- excitement is a guaranteed recipe of failure in that industry. Even Network Marketing is the most approachable business to ordinary people, remains a BUSINESS MODEL. For those who they want to stay in that industry for the years to come, they have to seek permanent success and stability which are colossal factors for a healthy growth of their business. Also you need to familiarize yourself with the many advantages of network marketing over other traditional business before you begin prospecting people.
As the industry as a whole has been mottled by doubtful marketers, hype, and misleading promises, those who are still interested in making money from home in the network marketing industry may not clearly know the advantages of network marketing against other forms of traditional businesses.

There is no shortcut to success in Network Marketing so you need to market, present and lead.
Advantages of Network Marketing
Low Cost Start up
The most expensive businesses have start up costs around $5,000 and many can be started for a lot less. Nobody is going to go bankrupt or be wiped out by a $5,000 investment. However, most traditional businesses require start up costs that are at least 20X the investment of the most expensive Network Marketing businesses.
Your Hours Are Not Completely Dictated By Your Customer Base
Most traditional business’ have to be open during certain days and hours of the week if they want to stay competitive. I’m not saying this is a bad thing but if a store owner (or his employees) want to take a Thursday off to hang with the kids or sleep in late on Saturday mornings, they have to find someone to cover for them. Essentially, their hours are dictated by their customer base. In other words the business “owns” them and not the other way versa.
As a professional network marketer, you have the control of your working hours, and you can create your daily schedule around the hours you perform the most.
By not having customers to dictate you your working schedule, doesn’t mean that you have to step back and not work your business.
Low Risk Investment
Deceitful networkers would have you believe that one of the advantages of network marketing is the fact there’s no risk involved.
In this article I will tell you that the truth is, network marketing does come with a degree of risk.
The good news is its negligible risk in contrast to regular business.
For instance, have you ever looked into what it costs to own a fast food franchise?
According to allbusiness.com, it can cost anywhere from $250,000 to $1,000,000 just to get started. Not to mention the cost of upkeep, maintenance, and whatever other fees the company wants to tack on.
I don’t want in any case to underestimate a fast-food franchise (or any other franchise) can be a great way to earn a high income. But my disclaimer is that specially in this financial environment if anybody could feel confortable to invest from $250.000 up to a $1,000,000 hoping of greater return.
Contrary Network marketing does have the potential to bring an enormous amount of income to you at very low risk. You can join most companies for under $500.
 Return on Investment
Most successful businesses are defined as successful if you can get your initial investment back within three years. Most Network Marketing businesses are designed so that people who can earn their initial investment back in a period of months, weeks or even days.
 Training
Most Network Marketing companies have online, written and live training that is better than any Corporate or other Business training that I have every received. The best part about is that the cost of the training is usually priced less than training for traditional businesses.
 Mentorship
Success in any business is always tied to be connected with a successful mentor. The beautiful thing about Network Marketing businesses is that the people who are the best mentors have a vested interest in the success of the people in their organization. As a result, they are usually more than willing to help out people.
Robert Kiyosaki recommends individuals to upgrade their entrepreneurship skills if they want to survive in the 21st century environment. This suggestion is a clue and I trust that you will consider it seriously.


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