The internet has forever changed the Network Marketing Industry. At the time of the writing of this article I conducted a Google search on “How to Make Money in Network Marketing,” and there were 257,000, 000 million websites that contained information related to the topic. A Google search on “How to Make Money Online” returns 1,100,000,000 billion websites, and if you’re new to the industry it can become overwhelming trying to find what’s going to work best for you. Throw in information from websites like YouTube, Twitter, and you can see why most people quit before they really get started.
The Home-based Business, Direct Sales, and Network Marketing industries are not what they use to be. If you don’t have a way to keep up with or get ahead of the changes that are constantly affecting these industries, you’re setting yourself up for failure. What worked years ago may not be as effective as the strategies today’s network marketers are using to generate six and seven-figure incomes in their business.
Regardless of what anyone tells you, you came into this industry to make money, and if you don’t know how to make money in network marketing, you’re not operating a business, you have an expensive hobby. Unfortunately most people come into this industry to make some extra money, and the money alone won’t be enough to keep you going when the times get tough, and they will, and that’s why you need something bigger than money to get you through the tough times as your motivation to do what you’re going to have to do to become successful.
There are four stages every network marketer must go through to become successful in his or her chosen company. You can’t skip either of them or you will never become successful until you have completed the stage that you skipped or didn’t think was important to your success.
Stage One: Novice Network Marketer
This is where everyone starts and some go through this stage quicker than others, and some never make it out of this stage. They fail to make it out of the novice stage because they have their eyes on the money and lifestyle of someone that has gone through the stages and have the money and time freedom that they worked hard to achieve. The novice stage is where you educate yourself about your company, the products and services they sell, and where you choose one of the many marketing strategies available and you learn to master it to build your business.
Stage Two: List Builder Network Marketer
When you learn to build your own list is when you learn to build a business and not just a down-line. One of the things you must do when you build your list is communicate with the people that have joined your list. It is through communicating that you build a relationship with the members of your list and they get to know and trust you. People buy from people that they know and trust, and it is much easier to sell to someone that you have already built a relationship with than it is to go out and get a new customer. Not only are you developing a relationship with your list; you’re also looking for others like you that are looking to start their own business and getting them to join you in business.
Stage Three: Team Builder Network Marketer
Regardless of how many people that have joined you in business, you’re a leader, and if you haven’t developed your leadership skills, they’re going to quit and find a leader that can help them grow and build their business. Part of being a leader is having the resources in place to train your team so you can spend the majority of your time generating leads and building your team.
Stage Four: Master Network Marketer
As a Master Network Marketer you have the knowledge, skills, and ability to successfully build your business. Added to your ability to teach those skills to your team, you have the ability to generate multiple six and seven-figure income streams. At this stage in your business is where you start to create products to sell to your team and to others. This stage is where the money is and when you truly know how to make money in network marketing.
If you’re new to Network Marketing and you’re struggling to build your business; let us take you by the hand and teach you a step-by-step system that will take you through each of the four stages and help you build your business the right way. Join our Business Building Academy and start generating leads and living the life of money and time freedom that you deserve.