Since the economy is so unpredictable these days, it’s a great time to start your own business. and why network marketing is helping others get ahead. Network marketing gives you more flexibility with your hours, whether you work from home or on-site; plus, I’ll show you how to achieve great success in just weeks!
The opportunities for network marketers are greater now than ever before because there are many resources available online that can help make running a home-based business successful.
Whether this sounds like something worth exploring depends largely on why YOU want to start—whether you’re considering joining yourself, if you already have family members involved, or if recruiting others would be smart… Today, we’ll explore all those reasons AND share valuable tips for getting started.
If you are new to or considering network marketing, in today’s economy, it might be one of the best decisions you could make.
The chances for success have never been better than they are now, thanks to all the resources available online.
To succeed in network marketing, it’s crucial to understand why you should even bother.
I decided to provide you with some great information to boost your confidence or help you communicate effectively with prospects, so you stay motivated and on the right path.
Here are 20 reasons why network marketing could be your best option, though I could share many more.
#1. Work From Anywhere: One of Americans’ biggest dreams has always been the ability to work from their laptop anywhere in the world. To me, this is priceless. As long as you have an internet connection, you can run your business. If your life circumstances change, you can just move to another state or city, and your business remains portable.
This has long been a dream for many Americans—being able to work from any location around the world.
For me, this is invaluable because it offers not just freedom but also increased productivity. Society now has resources at your fingertips—social media, news articles, blogs—all of which can keep your mind energized so that when deadlines come up, they don’t seem overwhelming, thanks to new ideas streaming through your head.
With access like this, we should take full advantage! The opportunities have never been greater for success, given all the online resources available today.
#2. Your Own Schedule: This is a huge benefit for me. If I have an appointment, I don’t need to ask for time off from a regular job. Because you can set your own schedule, it’s also easy to skip working your business in network marketing—but you must stay disciplined if you want it to grow. You get out what you put in. The same is true for traditional businesses, but here, the investment at risk is much lower.
#3. Low Cost of Entry: With network marketing companies, you can start with just a computer and a small investment. Some have even started with no money to invest—only time and hard work. If you were thinking of starting a traditional business, you would generally need a minimum investment of $50,000 just to open the doors. Franchise-type businesses may require even more, with investments of $100K or more, and most owners don’t see a profit for over five years. My question to you is: Which would you rather invest—say, a small amount like $300 or $50,000 or more?
#4. No Employees: This alone should make you seriously consider network marketing. There are no payroll worries, tax concerns, or workers’ compensation issues like you’d face in a traditional business—all costs associated with employees. No one asking for salary increases or just making sure others are getting their work done. The only employee you need to worry about is yourself.
#5. No Billing/Accounts Receivable: You don’t have to worry about billing your customers or collecting payments—the process is handled online. Even if you sell physical products, most companies drop ship for you. In a traditional business, you might wait 90 days or more to collect your money.
#6. Tax Benefits from a Home-Based Business: This is a huge advantage. With a home-based business, you can access some of the same tax breaks the wealthy are already taking advantage of. There are over 250 tax incentives available that rich people know about and use! The tax benefits alone are often greater than the initial cost to get started.
#7. No Discrimination Between Men/Women/Age/Race: Everyone who joins network marketing has the same opportunity to succeed. I’ve even heard of someone who was bedridden becoming successful in their network marketing business.
#8. No Commuting: Just imagine the time and money you’d save by not having to commute to your business or day job. One thing we can never get back is time. Time is something we seem to never have enough of. I personally don’t consider sitting in rush hour traffic a good use of my time.
#9. Security: We hear every day about companies laying off employees. Cuts. There is no such thing as job security when working for someone else. With the shrinking job market and technological advances, fewer and fewer people are needed to do the same jobs as before. What’s more secure—having one income stream from a job where you could be outsourced or downsized in an instant, or additional income from a network marketing business? When you own your own network marketing business, you have the stability of your network. Yes, even in network marketing, some companies come and go, but they can’t take your network. That is your security in this business.
#10. Residual Income: Boy, this is priceless. I hope you understand this amazing benefit and its power. Network marketing allows you to earn residual income, even when you’re not actively working, and it can grow month to month. Imagine retiring with that residual income still coming in.
#11. Training Already In Place And Readily Available: Since network marketing is a system with many independent distributors, companies typically offer training that’s easily accessible. Why not learn from those who have already proved their success?
#12. Receive Help, Encouragement, and Support From Others in the Same Profession: I have benefited greatly from this. You’ll find everyone willing to help each other succeed. Find yourself a mentor to follow and work with. Generally, in America, everyone is out for themselves, clawing their way to the top. In network marketing, it’s different. Everyone helps everyone, and you’ll find that you’ll be doing the same in no time.
#13. Personal Growth: This is, in my opinion, a big part of network marketing. The personal growth you experience alongside your business growth is essential. You must grow—especially if you want a large income. You need to grow into the person who helps others, encourages others, and helps others achieve what they want out of life. If you don’t grow, you’ll become stagnant.
#14. You Build Social Skills: You become a better person, which improves many other areas of your life. As you develop your social skills, others will look forward to working with and being around you.
#15. Allows You To Help Others On A Massive Scale: The ripple effect your business can create on others can be bigger than you ever imagined. Your personal impact can reach more people than you will ever even know about. For those who love to help others, this is a huge advantage. This reason should be at the top of your priority list.
#16. Quickly Profitable: Unlike traditional businesses, which generally take 3-5 years to start seeing profits, in network marketing, depending on your efforts, you could see a return in days.
#18. Build Your Business Using the Internet: The Internet has transformed the world as we know it. The opportunity to reach a broader audience for your business is right at your fingertips. Here, you can target only those interested in what you’re selling. This makes advertising much more affordable. While this can be done with traditional businesses, depending on the type, the costs are typically much higher because you reach people one at a time.
#19. Work in a Stress-Free Environment: Today, many people work in a FEAR-based environment. As more jobs are outsourced, fewer job opportunities remain. Employers can pay less and demand more, and this trend continues daily. With network marketing, you can work from the comfort of your home, significantly reducing fear and stress. You are building your own dream, not someone else’s.
#20. Involve Your Kids: Since you can work from home, you can involve your children, teaching them a strong work ethic and social skills. Working around your schedule allows you to spend more time with your kids—taking them to practice and staying to watch. When your children see what you do and how you do it, they learn entrepreneurial skills. You can also include them in your business by assigning projects that involve them. There’s no better way to foster a good work ethic in your children.
I understand why network marketing isn’t for everyone, but to me, it’s a better way. If you’re considering network marketing or are already part-time in it, I hope this helps you appreciate the great opportunity you’re part of. The friendships, personal growth, and helping others are priceless. I’ve shared 20 reasons why network marketing may be your best option—I could give you many more.
You are your only limit in Network Marketing
Bottom line: you determine your success or failure in network marketing. It’s like anything else in life—you get out of it what you put into it. If you show up, work your business consistently, and commit to personal growth, success will follow. The only limit is the one you set for your business.
I hope this article has helped you see the benefits of network marketing. It’s an excellent way for anyone seeking financial freedom, more time with family, or simply more free time!
If this sounds like a good fit, I encourage you to visit www.WorkWithRickBillings.com.
