Word Count: 687 Date: Fri, 13 Feb 2009 2:27 AM
Rules Of Network Marketing
Whenever someone hears the words "Network Marketing" people either run for their life or listen very carefully cause it may be something that they have been looking for. I remember the first time I went to an "opportunity meeting" and the concept behind network marketing was pretty neat. I find nine or ten to work the business seriously and they each find nine or ten and their people find nine or ten and it goes on and on and I make a commission on their efforts. To be honest I was very intrigued and I signed up as soon as I could. I was only nineteen at that time and had no sense of even how to do it. So I got frustrated and I quit, I didn't even get one person to sign up under me. I let a few years go by and had a close friend offer the same opportunity and decided to do it and not quit. I new that this time I was going to make it happen no matter what.
So I got in, went to some trainings and really became a student in this industry. I started studying what the successful people were doing and decided to master them one by one. In studying them and reading a number of books about this subject, I realized that they all were starting to repeat themselves.
The number one reason why people fail at network marketing is they do not treat it like a business. I was shocked at this but realized that I had done the same thing I didn't put any effort in making it work and it didn't. A lot of people generally work it for a few months then give up cause they didn't make any money. One thing that everyone seems to forget is network marketing is not a "get rich quick scheme", this is an actual business. The average business takes two to five years before they even make a profit. Now in network marketing it can take six months to two years, and some as short as 1 month to make a profit, because of the concept of leverage.
Generally with any network marketing business or any type of business you need to be trained and everyone goes through a learning curve. Everyone seems to think that they don't need education and even a one year old can do it. Well why aren't they doing it then? Do you think Robert Kiyosaki, Donald Trump or Robert Allen don't have an education in what they do? Come on, lets be real here. If you want to succeed you have got to invest in an education. This is also a huge reason why people do not succeed in network marketing is lack of education. If you don't know how to work this business your first couple weeks or month may just be getting an education.
So what I want to do is just to lay down some rules to the game of network marketing. Of course if you are married get permission and support from your spouse. That is extremely important and goes a long way.
Rule 1. Set a schedule. Typically 8 to 10 hours a week when you are starting.
Rule 2. Set Goals. I can't stress this enough. Know where you are going with this, paint a picture literally. I use what I call a "life cycle plan" its my 1, 3 and 5 year goals. Write a Business plan.
Rule 3. Go to company trainings or buy a training/coaching program that will ensure your success. Typically company trainings are required for certain bonuses.
Rule 4. Work with a mentor for at least your first six months, someone that knows the business and can hold you accountable.
Rule 5. Take action. This is the most important rule of them all.
Whenever someone enters my organization or coaching, these are the first things we go through. If you want to succeed at network marketing, you must follow these steps and you will succeed.
About the Author
E.J. Saunders coaches people on how to build a network marketing business. To be successful please visit: http://www.mymlmstrategies.com
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