Are you wondering if you should get involved in Network Marketing at all?
Or maybe you’ve started a Network Marketing business, but somehow you’re not 100% sure you made the right decision?
In today’s post, I will share with you 5 reasons why Network Marketing is the PERFECT business for anyone to start!
In addition to that, you will also learn why network marketing is described as the business of the 21st century.
You might be tempted to join those who criticize the industry saying that network marketing is bad if you don’t really see all the advantages of networking marketing.
TAKE YOUR BUSINESS TO THE NEXT LEVEL
If you are serious about creating success in your Network Marketing business, then you need to have systems in place that generate leads and sales for you on autopilot.
This will allow people to reach out to you about your business, as opposed to you chasing friends and family!
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This platform has been around since 2008 and is growing stronger daily.
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So, here are the 5 reasons I believe network marketing is the PERFECT business for everyone
1. Low Start-Up Costs
A traditional business costs a whole lot of money to start up.
That’s why so many people are looking for capital and funding from venture capitalists.
Even when you get the capital to start your traditional business, it might take like 4-5 years for you to break even!
In a Network Marketing business, you simply have to pay the sign-up fee which is usually (100-500 USD), and you will get your distributor kit, your website, and company products and you’re in business!
In fact, the low start-up costs are why (In my opinion) most people find it easy to QUIT their network marketing business.
Is network marketing good for students? The answer is Yes, and it’s because of the low startup capital required to launch the business. This is something almost every dedicated student can easily afford.
If you are looking for more reasons to join network marketing, this is it for you.
2. No Inventory or overhead
In a traditional business, you will have product inventory.
You will have to take care of other stuff like electricity bills, salaries, etc, even when you haven’t made a profit!
In a Network Marketing business, you simply leverage your MLM company products.
If customers or team members want the product, they can buy it through you, and the company takes care of the shipping!
So you don’t have to stock products in your garage except if you want…:)
Aside from that, you won’t have to bother about where to get leads for your network marketing business to grow. When you aren’t incurring any serious overhead costs, you will have enough money to invest in promoting your MLM business to more people using different paid advertising channels.
3. Lower Taxes
In some countries, you can get lower tax deductions and other tax benefits from your home-based business, especially IF you register your business as an LLC.
When you look at the huge amount of money entrepreneurs in other businesses pay as taxes, you will see why we recommend network marketing. Now is a good time to join a reliable network marketing firm near you.
4. A Real Home Based Business
You can set your own hours, spend time with your family etc.
You can work from anywhere you want.
I work from home and sometimes I only leave home if I want to exercise or I have a business meeting.
You will be able to have more time for yourself and the things that MATTER to you.
5. Personal Development
Network Marketing has been called “A personal development plan with a pay plan attached”.
To become a top earner inside of Network Marketing, you will HAVE to become a leader, period.
You will have to work on yourself, and your skills, and develop yourself into someone that people will want to follow.
Who you become on your journey is even more important than the money you make.
All the skills I know today…NLP, Internet Marketing, Copywriting, Public speaking, coaching, etc can be traced to my decision to become a person of VALUE.
Network Marketing will give you this.
No other industry I know of, can.
In conclusion, these are my best reasons I believe network marketing is the PERFECT business for anyone to start.
With a low start-up fee, you can have access to products, and the companies system, and build a global business right from your bedroom. The future of network marketing is strong and nothing is ever going to stop that pretty soon.
So what do you think? Do you think there’s a whole lot of network marketing success stories waiting for you in the future?
I’d love to hear from you in the comments below!
Did This Blog Help You? If so, I would greatly appreciate if you commented below and shared on Facebook and other social media.
Adewale Adebusoye’s MLM and Internet Marketing Blog
Follow me on Instagram: @adebusoye
Email: ade(at)adebusoye (dot)com
PS: I am always looking to work with new leaders to join my team.
If you are a no-excuses person and you’d like to work with me directly Click here to apply!