Comments on: An insiders View on Network Marketing http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/ A blog to help your home business Mon, 01 Dec 2008 19:06:14 +0000 http://wordpress.org/?v=2.2.2 By: Rick http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-3620 Rick Sat, 30 Aug 2008 16:05:26 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-3620 I stumbled on this blog through a facebook connection. Pretty well said on the subject of network marketing. I too tried MLM but it was not for me. Not because of the bad press but because my full time job was demanding enough. An MLM business takes time and focus, seven days a week if you are truly serious (at least in the beginning). Where I think most people fail is they jump into the recruiting phase and forget about the purpose of the business, and that is to sell a product. An MLM that pushes recruiting over selling a product will only get you into trouble as recently witnessed by a travel company MLM that is facing legal batttles. Not knowing your MLM business and recruiting just doesn't work. I have been involved in business for over 25 years and have learned that any business needs a vision and a well thought out strategy to be successful. If you are new to MLM, learn about your business from the top down so you can deliver the value that earns your living in MLM. Without knowledge of your product and business, what exactly do you fit in the value chain that makes sense to your customer that results in them parting with their hard earned money for your product? Good luck to those who pursue what I feel is perhaps the toughest business to start and be successful. The concept of MLM is sexy and has tremendous appeal (freedom to be your own boss). Any new business venture, like MLM, that requires low capital to start typically requires a lot of sweat equity to reach some level of success. At the end of the day, those that work their business smart will see success, just like any other business model. I stumbled on this blog through a facebook connection. Pretty well said on the subject of network marketing. I too tried MLM but it was not for me. Not because of the bad press but because my full time job was demanding enough. An MLM business takes time and focus, seven days a week if you are truly serious (at least in the beginning).

Where I think most people fail is they jump into the recruiting phase and forget about the purpose of the business, and that is to sell a product. An MLM that pushes recruiting over selling a product will only get you into trouble as recently witnessed by a travel company MLM that is facing legal batttles. Not knowing your MLM business and recruiting just doesn’t work.

I have been involved in business for over 25 years and have learned that any business needs a vision and a well thought out strategy to be successful. If you are new to MLM, learn about your business from the top down so you can deliver the value that earns your living in MLM. Without knowledge of your product and business, what exactly do you fit in the value chain that makes sense to your customer that results in them parting with their hard earned money for your product?

Good luck to those who pursue what I feel is perhaps the toughest business to start and be successful. The concept of MLM is sexy and has tremendous appeal (freedom to be your own boss). Any new business venture, like MLM, that requires low capital to start typically requires a lot of sweat equity to reach some level of success. At the end of the day, those that work their business smart will see success, just like any other business model.

]]> By: Home Business Daily - Today’s Top Blog Posts on Home Business - Powered by SocialRank http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1176 Home Business Daily - Today’s Top Blog Posts on Home Business - Powered by SocialRank Thu, 27 Sep 2007 19:02:05 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1176 [...] An insiders View on Network Marketing [...] […] An insiders View on Network Marketing […]

]]> By: Just another WordPress weblog http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1152 Just another WordPress weblog Tue, 25 Sep 2007 07:49:19 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1152 [...] An insiders View on Network Marketing [...] […] An insiders View on Network Marketing […]

]]> By: Stephanie http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1105 Stephanie Tue, 11 Sep 2007 23:10:43 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1105 Glad to have found this; looking for a little inspiration! So much negativity out there about network marketing, which personally I believe is a way out of economic slavery. But it is key to find a good one, with a good product and great training. So far I'm extremely pleased with what I'm doing, but I'm still pretty new so we'll see. VoIP is a utility so that made a lot of sense to me. Anyway thanks again! Aloha! Glad to have found this; looking for a little inspiration! So much negativity out there about network marketing, which personally I believe is a way out of economic slavery. But it is key to find a good one, with a good product and great training. So far I’m extremely pleased with what I’m doing, but I’m still pretty new so we’ll see. VoIP is a utility so that made a lot of sense to me. Anyway thanks again!
Aloha!

]]> By: The Secret to Earning Recurring Income | Home Biz Blogger http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1087 The Secret to Earning Recurring Income | Home Biz Blogger Sun, 09 Sep 2007 00:39:13 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-1087 [...] income is through network marketing, John did a wonderful guest post on network marketing called An insiders View on Network Marketing. Later in the week I will outline so network marketing business, to help you see some [...] […] income is through network marketing, John did a wonderful guest post on network marketing called An insiders View on Network Marketing. Later in the week I will outline so network marketing business, to help you see some […]

]]> By: Eve Lester http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-989 Eve Lester Mon, 27 Aug 2007 14:29:50 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-989 Thanks you guys, I am learning so much through this! Thanks you guys, I am learning so much through this!

]]> By: Eve Lester http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-984 Eve Lester Mon, 27 Aug 2007 14:16:07 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-984 Thanks for sharing your stories, I am learning a lot! Thanks for sharing your stories, I am learning a lot!

]]> By: John Murphy http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-973 John Murphy Sat, 25 Aug 2007 17:54:18 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-973 It's great to see that people are learning a lot from Network Marketing and as Laurie says the future is very encouraging in terms of growth. In my mind that makes it even more important to make sure that you make effort at the beginning (before even joining a company) to learn what works and what doesn't. Use the knowledge and experience of others to help you avoid many of the mistakes they made when starting out. That way you get true leverage on your effort. It’s great to see that people are learning a lot from Network Marketing and as Laurie says the future is very encouraging in terms of growth. In my mind that makes it even more important to make sure that you make effort at the beginning (before even joining a company) to learn what works and what doesn’t.
Use the knowledge and experience of others to help you avoid many of the mistakes they made when starting out. That way you get true leverage on your effort.

]]> By: Laurie Hayes http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-961 Laurie Hayes Fri, 24 Aug 2007 20:57:02 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-961 Thank you for your exceptional blog and this post in particular. I recently addressed the same topic in my blog, sharing my earlier experiences in MLM and the negative perspective I carried about network marketing for years afterward. My story did end on a happy note. I realized that like everything else in life, there will be lemons and snakes. Thankfully, Robert Kiyosaki encouraged me to re-evaluate my thinking and take another look. Once again, years later, I am involved in network marketing. It wasn't planned, but when a particular opportunity was presented to me, I approached it with an open mind and had to admit, it perfectly complemented my existing business and provided an additional revenue stream. Like all industries, there will be rotten eggs, but I think it's important to keep an open mind. Forbes Magazine is quoted as saying that in the next 3-5 years, 79 million Americans will start their own home-based business - many of which will be in network marketing. Whether network marketing is loved or not, it will be a permanent piece of the business landscape. I think it all boils down to doing your due diligence, making an informed decision, and if you decide to proceed, find a mentor who demonstrates integrity and produces the results you want, then model him (or her). It's certainly not for everyone, but I think it provides a great opportunity to those who want to pursue entrepreneurship. Laurie Hayes www.thehbbsource.com Thank you for your exceptional blog and this post in particular. I recently addressed the same topic in my blog, sharing my earlier experiences in MLM and the negative perspective I carried about network marketing for years afterward.

My story did end on a happy note. I realized that like everything else in life, there will be lemons and snakes. Thankfully, Robert Kiyosaki encouraged me to re-evaluate my thinking and take another look.

Once again, years later, I am involved in network marketing. It wasn’t planned, but when a particular opportunity was presented to me, I approached it with an open mind and had to admit, it perfectly complemented my existing business and provided an additional revenue stream.

Like all industries, there will be rotten eggs, but I think it’s important to keep an open mind.

Forbes Magazine is quoted as saying that in the next 3-5 years, 79 million Americans will start their own home-based business - many of which will be in network marketing.

Whether network marketing is loved or not, it will be a permanent piece of the business landscape. I think it all boils down to doing your due diligence, making an informed decision, and if you decide to proceed, find a mentor who demonstrates integrity and produces the results you want, then model him (or her).

It’s certainly not for everyone, but I think it provides a great opportunity to those who want to pursue entrepreneurship.

Laurie Hayes
www.thehbbsource.com

]]> By: Eve Lester http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-955 Eve Lester Fri, 24 Aug 2007 14:16:22 +0000 http://homebizblogger.com/2007/08/23/an-insiders-view-on-network-marketing/#comment-955 sounds like you are both on the right track! Thanks for the great comments and feedback! sounds like you are both on the right track! Thanks for the great comments and feedback!

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