Why Network Marketing

There are many ways to earn money. They all require time and effort. The most common way is to trade time for money. This includes the job (just over broke) that most of us have. There is a better way to earn a living, it involves working with others through network marketing.

Just Over Broke (Job)

The most common way to earn a living is being hired by someone else. You are trading your time for the money you earn. Each of us have 24-hours per day, there is a limit to how much we earn based on how much we are paid for that time. As you proceed with a company, you will probably be put in charge of locations or other people (management). This will increse the amount you are paid, but it is still a limited amount.

Owning Your Own Business

There are many advantages to owning your own business. Depending on the business there are also many challenges that arise. See Start Your Own Business to understand the advantages and disadvantages of owning your own business.

Knowing Your Why

To succeed at anything, you need to know your why. What motivates you to succeed, whether it be earning a living or enjoying your time away from work? It is nice when you can do what you enjoy and earn a living at the same time. Having a strong why excites each of us to do our very best.

What is Network Marketing?

Network marketing is often called Relationship Marketing. It works best when you find people with whom you enjoy being together. It is best when you get to know the person before going into business with that person. As trust grows, the network becomes stronger.

Why it is good for companies?

The reason the company with whom I work entered network marketing was to keep the cost of the products lower. Regular distribution channels cost money. Think of the soda you buy at a restaurant. The manufacturer earns about two cents per drink. How much do you pay for that soft drink? What percentage of the end cost goes back to the manufacturer? With network marketing, the direct seller earns a reasonable amount per sale, but a fraction of the cost to go through retail channels. A side benefit is “free” advertising. The company provides excellent materials which I can use. The only advertisement that is usually done is “word of mouth.”

Why it is good for each of us

I set my own hours. It requires work to build, but it can be done according to my (or your) schedule. Currently I have another job, so I can work my business on my own time. When the business grows enough, it can replace regular income. I like to work with people with whom I get along. The company offers incentive trips, and I would like to know the people with whom I travel. I would not be without the products the company manufactures. The compensation is fair. They make sure new Brand Partners have the opportunity to earn money quickly.

Jim Rohn on Network Marketing

Jim Rohn is one of the pioneers for helping people earn money outside of traditional employment. He has an excellent video. Take notes and get back in touch with the person who gave you this link. I have made it so the people with whom I work can use it also.

Conclusion

Thank you for watching the video. Please contact the person that referred you to this article. I hope you took good notes and are ready to discuss what you learned. Get back in touch. Please leave a comment.

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