Most people who join a network-marketing program never make any money at it. There is still a way to be a winner even if your dreams of making a fortune fall flat.
Will you be one of the 99% of network marketers who never make money with their program?
The numbers don’t look good. Most people who join a network-marketing program never make any money at it. There is still a way to be a winner even if your dreams of making a fortune fall flat.
For a number of reasons, I generally do not recommend network-marketing programs. It’s true that numerous people have and continue to make large fortunes in network marketing. A good friend of mine is poised to the reach the $1 million (per year) mark in his program, and a number of other acquaintances are earning 6 figure incomes through network marketing, but they are the exception.
Network marketers often overstate the potential for income, and understate what it takes to succeed. It takes hard work. It takes time. It takes know-how. Plus it’s so easy to get into network marketing—there are dozens of programs that one can get into for less that the cost of dinner out—that it’s extremely easy to drop out. It’s no wonder there’s such a high “failure” rate.
Nevertheless, there is a way to be a guaranteed winner. It all depends on the one question you must ask, and answer honesty when you are considering any network marketing program.
Here’s the one question: Would you, if there were no money-making opportunity involved, still sign up for this program? In other words, can the product or service stand on its own? Is the product of high enough quality and fairly priced so that even if there were no chance of earning money, you would still be a customer?
Unless you can honesty answer “yes” to that question, stay away. Every legitimate network-marketing program exists primarily to market a product or service. No program can continue to exist without customers for its products and services. You as a network marketer cannot make money without customers.
Why do you think there are so many nutritional companies among the ranks of network marketing programs? Nearly everyone can benefit from nutritional supplements, and high quality supplements make a difference in people’s lives. The majority of people who join and stay in such programs do so for their own personal needs, not because they’re making gobs of money. There are other products and services besides nutritional products that fit this criteria as well.
The company is a winner; they have a loyal customer. The customers are winners too because they have access to a product that makes a difference in their lives, at a fair price.
Maybe you we’re hoping this article would tell you a guaranteed way to make tons of money in network marketing. Sorry, there’s no such thing. The thing is, if you answer the above question honestly, not only do you guarantee that you’ll be a winner, you increase you chances of making money as well.