I have been in network marketing for about 6 years. Up until recently, that was with very limited success. I have spent a lot of time recently, not only looking at the way successful individuals are marketing their businesses, but also reflecting on my past experiences. I am going to talk about what I have learned, and hopefully what I share will help you.
My introduction to network marketing.
I was a 21 year old who planned on being retired by 30. How I wasn’t really sure. I was in college, along with working 3 or 4 jobs. I knew that those jobs were not going to give me the lifestyle I wanted. Imagine how excited I was when a friend introduced me to my first MLM company. I will not use names, but I will say that it is one of the oldest, if not the oldest MLM company out there. While the people that I met were awesome, the business model that they taught did not seem to work for me. Build a list, contact those people. When that list runs out, start contacting new people. This meant trying to talk to people in stores, at the gas pump, anywhere I could find them. Have you ever tried that It’s not fun! Some people are naturals when it comes to this, and they have a lot of success. I was not one of those people! I registered 1 friend, who registered 2 or 3 people. My biggest month I made about $150. This was with everyone in my group buying A LOT of products. Needless to say, that didn’t happen every month. In fact, in a matter of a few months, nobody was really buying anything. Also, nobody new was getting into my business. I had no list, and was having no luck making new contacts. I became discouraged, and eventually faded away from the business. Some good did come of this. I walked away with some valuable knowledge. » Read more: How to Market a Successful Business