Network Marketing For Beginners – How to Start a Small Business With 6 & 7 Figure Potential

Network marketing has been around for a long time as a business model, but few are really knowledgeable about how such a business really works. Many consider network marketing as a pyramid, i.e., “only the people at the top make all the money and the people at the bottom make nothing.” While there is some truth to this, there is hardly a company on the face of the earth where a brand new person, starting at the bottom, is making more than a person who has been productive at the top for some time. There is so much hype surrounding network marketing, that it is hard to dispel the myths from the reality of this form of business. For those of you who are considering it as a business opportunity, though, there are a few points that need to be clarified.

Firstly, network marketing is often called a “pyramid.” A “pyramid” is something where a person enters a business and immediately starts to make money just because he or she signs up. This could be likened to a chain letter. Network marketers make money legitimately in two primary ways. They can sell products like any other traditional business via retail orders, and number two, they earn money through the accumulated sales of all those who are in their organizations. The second form of income is by far the most lucrative in the long run, because it employs a “franchising” like principle of duplication. In traditional business, a store or shop earns income primarily from that one source. In network marketing, an individual can “franchise” out to other independent contractors, who in turn, can do the same. In this way, one person’s efforts are multiplied, for example, ten fold, a hundred fold or even a thousand fold, depending on the size of one’s group. No other form of business, save a franchise corporation can increase its revenue base in such a way. For the person who wants to invest little money, yet have the potential for earning a 6 and 7 figure income, network marketing may be the way to go. Check some of these companies out online and see if your interests and abilities fall in line with the values and philosophy of such a company. If so, maybe you will have found a business that is right up your alley.