Welcome Back to Part 3
LOL! We’ll talk more on this in just a moment.
The last time we spoke, I gave you a brief overview of affiliate marketing and how you can make money from it. Today, we are going to talk about network marketing.
Before we start, let me just address some of the things you may have heard about it.
The biggest thing you may have heard is that it is a pyramid scheme or it’s a scam. If we define a pyramid or better yet, let’s draw it out.
You’ll notice that there are people at the top and then as you come down, you’ll see more people. Now if you look at any organization, isn’t this the same pyramid? In a corporation, you have your CEO at the very top, right? That’s followed by management, middle management and then the front line people.
Now look at a network marketing organization chart…
… what makes one different from the other?
Absolutely nothing! In fact, in the network marketing industry you can actually surpass your uplines (as they call them) in income. That’s a big plus! Can you do this in a company?
Hmmm… if that is the case where did we come up with the phrase pyramid scheme? Well, just like everything else you’ll find good and bad. Unfortunately, this industry gets a bad rep despite the fact that it has created more 6 and 7 figure earners than any industry.
The bad rep came from unscrupulous companies as well as unscrupulous reps. It also came from reps that meant well, but they just didn’t know how to help others become successful. As a result, people looked at this and begin to call anything you did online to generate an income a scam.
Why a scam?
Because they weren’t able to make money. They spent money, but didn’t make money as they were promised that they would.
Here’s a piece of advice…
If anyone guarantees that you will make money… RUN… RUN! By the way to be clear, a legitimate scam (oxymoron) is when there is no product being sold.
Now, I’m not saying RUN to rag on network marketing. I’m just saying that no one can guarantee this. It is going to depend on YOU.
What do I mean?
If you don’t follow the instructions of your particular network marketing company, don’t expect any significant success.
If you don’t treat your business like a real business, don’t expect success.
And, if you think that by working an hour or two a day that you are going to pull in massive dough, then you are kidding yourself. It takes hard work or should I say a lot of effort. It’s not that the work is hard, it just takes massive effort.
Another thing that you may have heard is that you can earn money fast. Not saying that doesn’t happen for some folks, but for most of us it’s going to take some time. So be prepared to roll up your sleeves.
Well, I’ve run out of time. That’s all I’m going to say today. I didn’t get a chance to get to the crux of my subject… so we will continue in a future post.
P.S. Feel free to comment below. I’d be interested to hear some of your experiences 🙂