Making Money working from home–tools to build your network marketing as a viable home business.

by ppeng on June 14, 2008

By PeiyingPeng & Liz Zed

Everybody wants to work less and earn more. But how? By joining network marketing could be the answer. Financial gurus such as Robert Kiyosaki, David Bach have all been advocates for network marketing. Both Robert Kiyosaki and Donald Trump have said that if they had to start all over again, they would be starting in network marketing.

Since you are reading this article, assume you have already done your homework on why network marketing is a good business model for people to make money from home. This is a bit deeper than arguing why network marketing works. We are introducing you to get some tools so you can find a good company to give your effort.

Maybe someone have already introduce you to some possible network marketing opportunities already. There are many, many good companies and products for you to pick from. Which one?

Here are some tools to steer you in the right direction.

§ Consumable product.

Something that people will need on a regular basis. I was in one of the network marketing company (a very large one), which sells a lot of household products. I bought some laundry soap last year, and am still using it. That definitely did not create volume. However, a health beverage that one drinks daily will be a good product. Or tablet one needs to take daily.

§ Strong, healthy growth

Do some research on the company you are leaning toward, if they are a new company, find out about their monthly growth. Is the growth a sustainable trend? If it is a more established company, how many years have they been in the business, and has their growth tapered off? Is the usual stereotype about network marketing compounded with a negative perception against that particular company?

§ Compensation plan

Every company says they have the best compensation plan. They are absolutely not the same. Check and ask around. Are you going to be happy with a check of two dollars and fifty cents (I have actually gotten one)? If not, then dig deeper. There are some companies that have much better compensation plans than others. Tip: look for people who run the company that has proven history of being a distributor’s advocate.

§ A Cause that you love

Most of the network marketing companies have some sort of charitable cause that they try to further making you feel good to be part of the business. Does the cause speak to you? Hopefully, it does.

§ A product that you love

I put this last because some argue that “you don’t have to love bagels to open a bagel shop.” I disagree. Being a consumer of the product that you love is imperative for you to talk with prospects with integrity and enthusiasm. You can’t feel good about doing business with someone unless you know you love the product yourself.

The above list should get you started. Network 21 has a good training program for business owners. It is related to Quixstar, the old Amway, which, unfortunately, becomes the proverbial negative stereotype of network marketing. But they have over 6 millions of distributors and a strong business, so I will still recommend their business tools. You can, of course, stick with your company’s recommendation or rely on your upline. The best way to get started is to get started. Good luck and keep on striving toward your goals. Feel free to email me at peng@mymoneydoctors.com for any questions.

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