Don’t Be Decieved With Network Marketing
Depending on the way in which a business is presented, one could get the impression that there is not much effort involved in network marketing. Just get two who gets two and you can become rich. When early recruits realize that considerable networking and marketing is involved, disappointment quickly sets in. There is work involved, and any business that presents a plan to you and says that you don’t have to do anything is lying to you. All successful network marketers work for their success. It was not just handed to them. I tried this with Pro Wealth Solutions and realised there is alot of work involved. I just couldn’t get into the multi-level-marketing or make it work for me. Any network marketing is hard work. I haven’t met many marketers that made it over night.
Many marketers do not factor into their planning the cost of advertising their business. This cost can eat up a good chunk of your investment especially when you are just launching. The idea here is that you have to regard this as a normal business and not just a trial run venture.
There is the prevalent myth that the best time to join a company is at start-up—the so called ‘ground floor opportunity’—, but if the truth be told, the ground often caves in leaving many people very unhappy. This does not mean that you should wait for five years to see if a company would do well, because logically, this would mean that no Network Marketing company will ever get started. The point here is that you should assess your risk and know that the chance of losing your money is higher with a new company than with a company having a proven track record.
The proof of the stability of a Network Marketing company is in the duration of survival. In fact, in over 60 years of Network Marketing history and after tens of thousands of Network Marketing start up companies, only around 42 companies have made it to their 5th birthday.
Any business owner would admit that the first years are the toughest. This is the period when the company is just establishing a footing and income is most likely low. If the company does not have the proper financial backing it is not likely to survive these years. You would not want to join a company that is depending too much on the distributors for survival. A Network Marketing company takes time to build momentum by the very nature of the business - word of mouth advertising, people telling people. Before it reaches top momentum it must have the financial backing to survive the early hurdles.
