There’s no doubt that you’ve been invited to the parties, and you’ve noticed the consistent presence on social media. From jewelry, bags, and makeup to leggings, fragrance, and health supplements… networking marketing companies (also known as Multi-Level Marketing, or MLM’s) are growing by the day! Yet, the business model often gets a bad rap simply based on preconceived notions, confusion, or the unfortunate misconduct of a single representative. It’s becoming more and more apparent that network marketing is an empowering profession that appeals to many mothers primarily because it offers the opportunity to work flexibly, be social, and earn extra income from home.
Maybe you know a few people that have started their own businesses with different network marketing companies and you’re wondering what all the hype is about. Well, I’m here to share a bit of what I learned after just a few months on the inside of an MLM company. Here’s the scoop…
No experience necessary:
MLM’s do not require you to have any previous experience in marketing or sales. In fact, most come equipped with training programs and material to help anyone and everyone learn how to make the most out of joining their company. As long as you are willing to learn and willing to work, your previous experience and education level are not even a consideration.
Unlimited earnings potential:
Unlike in the corporate world where your rise in rank may hinge on anything from your talent and tenure to your temperament, network marketing companies allow you to determine your own worth! Depending on your drive, this can be terrifying or exhilarating. The bottom line is that there are NO salary caps! Decide what you want to earn, then go for it. Likewise, you have the opportunity to earn residual income by empowering others that join your company. Residual income is a beautiful thing.
You’re the boss:
You decide when you work, how you work, and where you work. When you join a network marketing company you become your own boss. If you want to work 2 hours a day, cool. If you want to work 10 hours a day, cool. If you need to take time off, you just take time off. If you want to take your family on a vacation, just go. If you want to increase your paycheck, you can (see point above). You are in control.
Harness the power of social media:
There is no denying that social media is changing the world as we know it. We can now contact hundreds of people with a push of a button. The fact that you are reading this right now proves its effectiveness. There has never been a better time in history to start a business that involves connecting with people. Technology and social media have brought network marketing to a whole new level. This type of work can truly be done from anywhere, at anytime if you own a smartphone.
High quality products:
Do your research and you will find that products offered by MLM companies can usually out-perform the mass-produced version you can pick up at the local Walmart. The top network marketing companies are built on high-quality products or botanically based consumables. The only way to be successful in network marketing is to have a truly great product that you are excited to share.
Surround Yourself With Like Minded, Fun, Ambitious People:
As the old saying goes, “Hang out with chickens and you will cluck; hang out with eagles and you will fly.” When joining a network marketing company it’s important to find someone you trust and look forward to working with, because teamwork is a pivotal part of success. Network marketing thrives on relationships! In my opinion, this is the best part of a gig like this — you choose your colleagues! You can “work” at the coffee shop with your best friend, and simply being part of a larger team opens the door to new friendships.
MLMs are big on helping you become your best. Personal development ensures that you become a more effective entrepreneur, and it promotes continued company growth. Network marketing offers you the opportunity to nurture and empower the inherent talents in yourself and your teammates. In this type of business, success means the chance to develop spiritually, intellectually, emotionally, and financially while you contribute in a positive way to others.
The unfortunate truth is that most people in today’s society only make enough money to pay their bills, eat, and get to work. Working for a network marketing company can end the cycle of living paycheck to paycheck. When you’re stuck in the daily grind it’s all too easy to stop dreaming. It’s a LOT easier (and a lot more fun) to dream big when you are in control of your income and you own your time.
I’m speaking from experience on these. About 6 months ago I took a leap of faith and joined a network marketing company. As a full-time working mom and wife I was just sick of feeling like we would be living paycheck to paycheck forever. This was not something that I was excited about… I was incredibly skeptical and downright scared when I started. It was SO far outside of my comfort zone, but I knew something had to change. It didn’t take long for me to experience the 8 wonderful aspects that I shared in this post, and now I’m a big advocate for this business model. The path to success is clearly defined, the tools are at your fingertips, people want and need the products, the leaders are relatable, approachable, and helpful, and my family’s goals for loosening up the budget have been blown away by doing work that excites me with people that I enjoy talking to and spending time with. Plus, I did it all from my recliner after my toddler’s bedtime and/or from my smartphone here and there. I can understand that MLM’s may not be for everyone, but I can truly say that they can be life-changing for those that are willing and ready to “work” outside society’s “normal” definition of a job. Times are changing… it’s a 1099 world and networking marketing companies should not be ignored.
As a regular mom that wants to have more time for her children, less stress about finances, and a solid circle of friends I have not found a better opportunity to meet those needs than through network marketing. It never hurts to explore your options with an open mind and I hope this insight proves to be helpful.