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Jun 07 2011

What is network marketing (aka MLM) and is it the future of all retail shopping?

In Roberts Kiyosaki’s book / audio CD “The Business of the 21st Century,” Robert explains how network marketing (aka MLM) is the business of the 21st century. I have also heard that high-street, retail companies like the Body Shop (and many more) are going to take on the network marketing business model. This is becuase people trust people and its a win-win business model.

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B OF 21ST CENT What is network marketing (aka MLM) and is it the future of all retail shopping?

So, what is the network marketing business model? In short, you simply get paid a certain percentage by recommending a product (that works, that does what is say’s it does, that you use and believe in) from the network-marketing company you “distribute” or “consult” for, to another person. Its about people helping people!

Or you can sell the products through an online web shop provided by the network marketing company you work for.

There is a lot of negative press, articles and online videos about network marketing. There are defiantly scam companies out there and companies that do not have enough money behind them, to carry on for much longer. So, do your research, before going into it blindly!

There is that stat, which I have seen and heard a lot, saying that “98% of people, who join a network marketing company, drop out in the first year.”

If you watch the short Roberts Kiyosaki’s video below, that will explain why.

Here are 14 top reasons why you may want to join a network marketing company:

1 Builds people up instead of tearing them down
2 Offers a worldwide network and global reach
3 Develops great leaders
4 It is about developing people, not pushing them down
5 It’s about building them up so they can take better control of their lives and their future without worrying about being fired all the time, or will I be downsized, or what if the economy changes
6 No experience is required
7 You determine your level of income
8 Low cost, low risk start up
9 You obtain great benefits / discount off all products
10 You have the freedom to choose
11 This is a simple, easy to follow business that provides ongoing training and effective business tools
12 They reward you for your hard work with a generous compensation plan, great benefits, comprehensive training and constant recognition
13 You dictate when you work, full-time, part-time, evenings, weekends
14 Support from a successful, credible international company behind you at all times

If you thinking about joining with up with a network marketing company, make sure:

- The company is not in any debt
- The company has been around for a while (10-25+ years)
- That their products, ethos and system resonate with you and what you do
- The company is ethical and does some charitable work

Forget watching the all “scam” videos on YouTube. These have been put up by negative losers who had no focus, no understanding on how the body works (if they where selling health related products) and no real commitment in starting a business. Also, do not listen to the people who disagree with network marketing, this is because they have no real understanding of it.

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