There is a lot of hype with network marketing -- it's part of the territory. But how can you wade through the hype without falling into the GRQ (get rich quick) trap?
First and most important -- network marketing is not about getting rich quick! I want to emphasize this, because without undertanding it, you'll get discouraged and leave the business before it blossoms.
Now, you can build wealth faster in network marketing than you can in most direct sales positions, but it's still going to take months of work before you start seeing the real money adding up.
Depending on your plan, you could realistically expect to see somewhere around $500/month after 5 or 6 months. But this assumes you are actively working your business during that time! It's only after about a year of work that the residual dollars start adding up quite nicely. I know, $500/month is not the throusands and thousands that are commonly held up as an example. But it's just a stepping-stone. Once the business reaches "critical mass", your network takes on a life of its own and the income rises faster and faster.
Now keep in mind that all businesses vary, as do the people working the business. However, the more advertising you can do up front (within the first 30 days of starting), the faster you can start seeing results. Yes, it takes money to make money. But what you spend up front you reap in residuals.
And aren't the residuals part of the reason for building a network marketing business? Once again, all plans are different, but if after a year you were earning over $1,000/month in residuals alone...that is very nice. Especially since it is added on top of whatever your group sales volume is! And by this time the bonuses have started kicking in....you get the idea.
What if you are on a shoestring budget and can't afford an advertising blitz? Can you still be a success? Sure you can - it will just take somewhat longer to get your network humming. And there are some low-cost and no-cost ways to advertise your business (that topic deserves it's own post).
Whatever you do, realize that your network marketing business will take some time and effort to get off the ground. You won't get rich quick. But if you work the business diligently there is a good chance that you will get rich! (Can you say that about a 9-to-5 job?)
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