Most people have a misconception about a network marketing business. They think that by getting a friend or anyone into the business is the way to make money. It may look like that on the surface but its much more then introducing friends the opportunity and making money.
Recently, I was chatting with one of my team members and she asked, "Terry, do I need to enroll people into the business in order to make money? And get the new enrollee to do the same in order for him or her to make money?"
I didn't reply her and thought for a moment. Do network marketing work that way? Back in my mind I knew that it don't work that way but I was dumbfounded and did not know how to explain to her.
Deep in my heart I knew that a network marketing business is more than just enrolling people and making money. It's about helping your team to grow their business.
Many people don't see it that way, they think that just by enrolling more people into the business they will make more money. That's not the case, very often a high percentage of the people they enrolled will eventually dropout from the business simply because they can't grow their business.
Like I mentioned earlier, network marketing business is more than just making money, it is about team work, leadership and real life business education that most will never learn from school.
After a moment of thought, I replied her. I told her it's much more than enrolling people, it is about helping your team to grow their business.
She replied, "Huh?" (I guess she was still puzzled and confused)
I don't think she get the picture at that moment. I gave her an example.
It doesn't matter if you can enroll 100 or 200 people in a month, if they are unable to grow their business, they are all going to quit! You need to educate them on how they can grow their business so that they can duplicate what you do.
If you enroll only 10 people and educate them on how they can grow their business. They will learn, apply and grow. A team of 10 will turn into a team of 100, it goes on and they won't even think about quitting because their team is growing and they are making money. In return, you make money whey your team makes money.
"Oh, so this is the secret to growing my business. I will go do that!". She began to understand about how network marketing works.
If you still think that just by enrolling or recruiting new members is the way of making money than you are wrong. It is about helping your team to grow. If you haven't been doing that, it's still not too late to start.
Related Articles
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
A Special Review Of Mike Dillard's Magnetic Sponsoring Book
By: David Pineda | 16/10/2005 | Online Promotion
In his book, Magnetic Sponsoring, Mike Dillard teaches you, the network marketer, how to apply the proper marketing strategies that will turn you into a magnetic sponsor.
All Network Marketers Are Not Created Equal
By: Andrew Wanschura | 30/06/2007 | Business Opportunities
A majority of network marketing companies pass off a very dangerous half-truth to their distributors. It goes something like this, "Anyone can do this network marketing business!"
MLM Strategies - Network Marketing Strategies Your Upline Won't Dare Tell You
By: Lynn McArthur | 02/02/2008 | MLM
If you are struggling in network marketing, as the vast majority of you are, you probably have a list of burning questions that are keeping you up at night. You have probably never worked so hard for such pitiful results. You know there must be network marketing strategies that work, strategies that you havent' been taught...
How Many Home Businesses Have You Failed At?
By: Carl Coffin | 07/07/2008 | Home Business
How Many Home Businesses Have You Failed At?
How to Compete With Full-timers in Your Network Marketing Business
By: Carl Coffin | 17/07/2008 | Home Business
How to Compete With Full-Timers in Your Network Marketing Business
Are You a Tortoise or a Hare in Your Network Marketing Business?
By: Carl Coffin | 20/06/2008 | Entrepreneurship
Are You A Tortoise Or A Hare In Your Network Marketing Business?
Most people have read the Aesop Fable, "The Tortoise and the Hare." I used to love hearing the Fable read to me as a child. As an adult I now see the awesome message that comes out of the story.
Do You Feel Like a Lone Ranger in Your Internet Marketing Business?
By: Carl Coffin | 17/07/2008 | Internet Marketing
Do You Feel Like a Lone Ranger in Your Internet Marketing Business?
Got a Question? Ask.
Ask the community a question about this article:
Frequently Asked Questions
Reasons to Shop through Shop to Earn
By: bwritr | 14-07-2008
What is the advantage of shopping through someone else's Shop to Earn web portal? For example, if someone who shops online anyway did not want to own a website or otherwise invest in Shop to Earn, what would motivate them to shop through my site rather than just shop as they do now?
How many people are involved with Multi level ...
By: B | 11-06-2008
How many people are involved with Multi level marketing?
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!
I found your page through someone who visited ...
By: runningman72 | 29-11-2007
I found your page through someone who visited http://www.findcash.tk so should I signup?
How can i pay $150 as iam an INDIAN, and one more ...
By: ramakrishnak31 | 15-10-2007
how can i pay $150 as iam an INDIAN, and one more important thing is HOW CAN I GET PAID.
Are the products of MLM are similar to the market ...
By: shanti | 10-10-2007
are the products of MLM are similar to the market products?
Q&A Powered by:
Latest Home Business Articles
Yes, It Is Possible For A Home Business To Make Money
By: R.t. Markovsky | 26/07/2008
Now you can be ready to gain financial success and independence with a work-from-home business. All that is required is a strong, sound business plan and a solid work ethic.
Factors to Consider Before Starting Your Own Bokkeeping Business
By: Gary Goh | 26/07/2008
Starting your own bookkeeping business is one of the most profitable home based business. Not only that, you have the opportunity to turn your passion about bookkeeping into a full time business!
How Many Multiple Streams Of Income Do You Have
By: David Ogden | 26/07/2008
One thing appealing about making money on the Internet is the number of multiple streams of income you can create. Here are a few ideas about creating multiple streams of income.
Why Your Autoresponder Is Your Most Beloved Internet Tool
By: David Ogden | 26/07/2008
The real key to taking your Internet business to the next level is not to work harder or even longer, but rather the key is to be smarter about the work that you are doing. Let's look at how an autoresponder helps you do that.
4 Essential Article Marketing Strategies
By: David Ogden | 26/07/2008
Article marketing is no different than any other form of marketing on the Internet and that if you do it correctly you can be rewarded. Let's take a look at four essential article marketing strategies you must follow to get maximum benefit out of your articles.
How To Market Your Home Business Blogging
By: David Ogden | 26/07/2008
Do you currently have a blog of your own? If you don't, you should have because it can be a tremendous marketing tool for your home business! In this article, let's take a look at how you can use blogging to market your home business,
and make money too!
4 Ways To Make Money With Forum Marketing
By: David Ogden | 26/07/2008
Discussion forums have been an actual way for home business owners to cultivate relationships and make money. In this article let's talk about four ways to make money with form marketing.
5 Ways To Market A Home Business
By: David Ogden | 26/07/2008
Marketing a home business on the Internet generally comes down to time and money. Depending on your situation, you may have more than one than you do in the other. Let's talk about three ways you can market your business online to maximize the shortages.
More from Terry Tay
Starting a Home Based Business With Super Affiliate Payouts
By: Terry Tay | 06/05/2007 | Home Business
For the pass few months I have notice a number of online programs being circulated around on the internet. All of them have different compensation payouts and this article will discuss about the varies payouts. Find the one that suits you most.
A Truly Equal Home Based Business Opportunity
By: Terry Tay | 06/03/2007 | Home Business
About 2 years ago, I can remember clearly. A lady friend of mine asked me out for lunch. Halfway through lunch, she told me that her company office was near by and wanted me to go have a look. Feeling nothing unusual, I was eager to check out what she is working as.
Your Sponsor May Kill You
By: Terry Tay | 22/01/2007 | Home Business
Almost all new network marketers want a supportive sponsor, who doesn't? But will your sponsor make a difference in your success?
4 Simple Steps to Make Money Online
By: Terry Tay | 18/01/2007 | Affiliate Programs
Who doesn't want to be rich fast? Most of us think that making money online is not possible and some thinks that it is a waste of time. But why are there still people making six figure incomes online? Is there a proven way to make money online?
4 Simple Steps to Increase Network Marketing Retention Rate
By: Terry Tay | 08/01/2007 | Home Business
What is your worst fear in network marketing? Let me make a guess. How do you make your team member stay? I believe all network marketers have encountered this problem and it's not uncommon. Learn how you can increase your members retention rate.
Is Network Marketing Your Cup of Tea?
By: Terry Tay | 04/01/2007 | Home Business
Why some people choose to do network marketing instead of a traditional 9 to 5 job? The answer is dead simple. They want more time and freedom as well as money but are you suitable for it?
The Death of Network Marketing
By: Terry Tay | 02/01/2007 | Home Business
What happens when network marketer can't succeed and start bad mouthing about such and such network marketing company? Get a better understanding about why network marketing is deemed as "Scam" by some people and why other still succeed.
Can Network Marketing Equals to Home based Business?
By: Terry Tay | 19/12/2006 | Home Business
Are you still wondering if network marketing is still the best home based business opportunity? I have got an interesting story to share and you probably find your answer when you finish reading this article.