Building A Network Marketing Business

Author: Jordan Hanthorn | Posted: 14-06-2007 | Comments: 0 | Views: 19 |

Setting out on your own to build a network marketing business initially appears to be a daunting task, and it can be, but it is also a most satisfying accomplishment. Most large network marketing businesses take several years or more to build, although there are some exceptions to this rule.

I have heard of people making ninety thousand dollars a month after their first year. Although there have been numerous books about Network marketing from such names as George Faiva, Tim Sales, Zig Ziglar and a host of others, you will find if you research the subject in depth that very few Network marketing downlines were built in exactly the same fashion.

There are so many ways to build a downline (also known as an 'organization', 'sales force' or 'community') that this type of business definately favors the creative mind. Perhaps the toughest aspect of network marketing or multi-level marketing (mlm) is the patience it requires to succeed.

Unfortunately, a large percentage of people who join mlm drop out or are mostly inactive, which is of course very frustrating. Nonetheless, most individuals who stay with the business and work it coinsistently are handsomely rewarded in the end. A major positive aspect of network marketing is the the modest level of investment.

Many multi-level marketing organizations can be launched for as little as $1000 and under. Compare this to a franchise, most of which require at least $100,000 to start (and in many cases much more) and which are not immune to employee and other problems normally associated with brick and mortar and food service businesses. The payout is not immediete on these types of business systems either.

In Network marketing, however, you deal have to sometimes deal with a negative stigma in some people's minds regarding the industry. Cliche's such as "is this a pyramid scheme?" or "is this a Ponzi scheme" are occasionally uttered by some prospects. In addition, friends and family are often not supportive in the beginning because of the high dropout rate or other factors.

It appears that the 'old school' or Wave 2 network marketing methods had something to do with this attitude. In that way of thinking, you were often expected to buy large quantities of product and store it in your garage or basement, drag neighbors to mlm meetings and so on.

Those days are generally over, but their memory persists for some people. These days, most products are drop shipped directly by the company and training and recruiting are generally done via conference call. Network marketing has come a long way, and attitudes are changing ever so slowly.

What is called 'Wave4' Network marketing has come into view, and it is characterized by conference calls for training, more sophisticated lead generation techniques, drop shipping and more use of the internet. It is estimated by some including Robert Kiyosaki that since we are now in the information age, network marketing will become more and more popular. In the industrial age, there was more job security; people could often expect to work the same job all of their life and the company would take care of their retirement.

But the information age, which we have been in since around 1992 or so, characterized by more frequent job changes, which will result in less job security, and especially fewer retirement benefits. This will influence more people to give network marketing a chance, the arguement goes; Time will tell.

There are other compelling reasons to believe this industry will grow considerably. Modern technology, and especially the PC, has allowed people to enter this business who never could have in the past. The industry has changed considerably and has been embraced by big corporate players such as At&T.

There is the misconception among some people that a network marketing company is similiar to a ponzi scheme or a pyramid scheme. But this is not at all the case. Many sincere men and women are building legitimate businesses with this proven system. In fact, when Donald Trump was asked years ago in New York by David Letterman what he would do if he happened to lose all of his wealth and had to start over again, he replied that he would find a good network marketing company and would get to work. In my opinion Network Marketing will get bigger and gain more recognition and credibility in the near future.

Rate this Article:

Article Tags: Network Marketing, Income Opportunity, Home Business, Entrepreneurship, Building Wealth, Income From Home

Article Source: http://www.articlesbase.com/home-business-articles/building-a-network-marketing-business-165038.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

Jordan Hanthorn is an active member of the Advanced Mentoring Team. The AMT has developed one-of-a-kind proven marketing system that will make any home business seeker excited! visit the website for more information! http://www.thehomebusinesssolution.net home-business-match.com

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Getting Stared On Your Home Business Venture
By: Jordan Hanthorn | 27/05/2007 | Business Opportunities
Some key points to think about when starting your own home business

Deciding On Which Home Business Idea You Want To Go With
By: Jordan Hanthorn | 09/06/2007 | Business Opportunities
Choosing the right home business is imperative. You must believe in that which you will pursue. Evaluating yourself and the given business opportunity will prepare you for this new venture.

Overcome Fear by Taking Massive Action in your Own Home Business
By: Richard van Beek | 06/11/2007 | Internet
If you have a home business you are going to deal with a lot of challenges. In spite of these challenges you have to take action to overcome them in spite of your fears...

Pips? Who Are They??? Back Up Singers for Gladys Knight???
By: Jeremy Lytle | 12/10/2006 | Home Business
The article will introduce you to the PIPS program, an online marketing program that that offers a free website and first-rate traning. Start making money immediately. Don't waste time on "get rick quick" schemes--here is the real information you need to get started pulling in an online income easily and legitimately.

Keys To Being A Successful Entrepreneur
By: Jordan Hanthorn | 24/05/2007 | Home Business
Home Business Entrepreneurs

Simple Strategies to Build your Home-based Business Faster and Easier
By: Chuck Davis | 20/02/2007 | Home Business
One of the biggest mistakes new home-based business owners make is trying to do everything from square one. You can rest assured that whatever you are attempting to do or build, it has already been done.

How To Skyrocket Your Business With a Nework Marketing Builder
By: Dr. Roberto A. Bonomi | 08/04/2006 | ECommerce
What a Networkmarketing builder does, What you need to build a completely automated duplicable system, This is a networker's dream come true!, Inform, sell, educate and train automatically

You Have to Want It!
By: Mark Molina | 14/08/2007 | Internet
Would It Be Worth 30 Minutes of Your Time to Learn of a Home Based Business Opportunity, That Will Change Your Life Forever?

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

Today's Best Website Traffic tip?
By: elenafraga | 02-05-2008
What's the best internet marketing tool TODAY to get traffic to your site?

How to set up home business
By: gr8ful | 27-04-2008
how do i set up a home word processing business

I am wondering what percentage of errors occur in ...
By: jenniferA | 25-04-2008
I am wondering what percentage of errors occur in high traffic web sites. I work for a company that has an e commerce site and there are errors that pop up here and there at check out and such...

Is red a good 'Marketing Color'?
By: HilaG | 21-04-2008
I am building a corporate presentation, and I've used red to highlight some key points. A lot of people consider red a warning color, and generally associate with negative things.A few years back I had heard the opposite - that red is a good color for marketing and has a positive influence, what do you think?

Too many items in startup. Slows down computer. Do ...
By: FLATS | 14-04-2008
Too many items in startup. Slows down computer.Do I need recguard? Jusched? Apdoroxy? Reader_si? Cctry? Qoeloader? Cavrid? Mnyexor? Crfmon? Msmsgs? Any help apprciated.

Good article but I was hoping to get some ...
By: smartipants | 09-04-2008
Good article but I was hoping to get some technical step-by-step info about how to create a lead capture page. Is a lead page just a web page with data entry fields?? Can you refer me to a site that provides all the technical details?? That would be great. Thanks and keep sharing your knowledge!

Q&A Powered by:

Latest Home Business Articles

How Internet Business Can Generate Instant Cash For Newbies
By: Juhani Tontti | 17/05/2008
An internet business newbie is always in a great, urgent need of cash, a quick online income. To satisfy this need he will need a top converting affiliate program, which is also well equipped and easy to use.

Joining an Affiliate Program - 10 Things to Check Before Joining
By: David Ogden | 17/05/2008
There are actually 10 things to check for before joining an affiliate program. Follow these guidelines and your affiliate programs experience will be safer and better.

Get Paid for Online Survey : How Does it Happen With Free Survey Sites?
By: Alan Lim | 17/05/2008
Many home workers have found that to get paid for online survey work is a easy and efficient way to earn either full time or part time income while working from their home office.

How To Choose A Network Marketing Company
By: ERIK GIFFORD | 16/05/2008
It is very hard to decide which is the best network marketing company. The reason is because companies come and go every month. Here are the important facts to consider when choosing the right network marketing company.

How To Have A Time Management Plan For Your Network Marketing Business
By: ERIK GIFFORD | 16/05/2008
The failure rate of network marketing businesses is high and the main reason for this is because people do not realize that this is mainly due to poor time management.

Earn Money Online - Getting Paid to Click
By: jitesh | 16/05/2008
Can I earn money clicking ads and visiting websites? Yes, you can be paid for doing things which everyone does on internet. Now you will be paid for clicking ads and visiting websites of your choice. It is really simple as it sounds.

Is It Time for You to Become a Home Business Opportunity Seeker?
By: Daegan Smith | 16/05/2008
You've got a lovely house, a nice car, a cushy job, and people who love you but somehow you're still not satisfied. You're restless and you want something more from life. If so, maybe it's time for you to become a home business opportunity seeker.

How to Build an Online Business That Grows Exponentially
By: jomark3@verizon.net | 16/05/2008
Discover the key to developing an Internet business that grows exponentially!

More from Jordan Hanthorn

Getting Stared On Your Home Business Venture
By: Jordan Hanthorn | 27/05/2007 | Business Opportunities
Some key points to think about when starting your own home business

Keys To Being A Successful Entrepreneur
By: Jordan Hanthorn | 24/05/2007 | Home Business
Home Business Entrepreneurs

Home Business Services

- Printing Services Services

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved.

Building A Network Marketing Business

Article Comments

Related Articles

Got a Question? Ask.

Latest Home Business Articles

More from Jordan Hanthorn

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter