3 Quick Advantages to Network Marketing

3 Quick Advantages to Network Marketing


A common question I get to ask regarding network marketing is, what are the advantages? Here are 3 quick advantages for you to consider in thinking about Network Marketing Advantage number 1 – Cost of Entry Generally, start-up costs are pretty low. For a reasonable investment, you can expect your product, some samples, and your training to be covered. There are also additional costs to be expected as there would be if you were running in your own traditional business. Dan’s tip would be to ensure that you have created a 3-year budget that is both realistic and achievable. It would also be a good idea to have some working capital behind you. This amount should be enough to cover your own income for a period of 6-12 months. Advantage number 2 – Flexibility. You are working for yourself in an environment in which is comfortable and you have full control over how you manage your working day. You will need to have a solid process and structure to ensure that your time is being spent and managed efficiently. Dan’s tip: Be as flexible as possible with your time. People are crucial to network marketing and finding a suitable time in someone else’s schedule is not always the easiest thing to synchronise, so your attitude towards flexibility is a key success factor here. Remember: the time you are investing now will return to you in income later. Of course another great advantage of Networking Marketing is the Income. There are 2 types of income that you can look forward to generating through Network Marketing The first stream is your direct income. This is the income that comes from selling your products or services directly to clients. This revenue will be a large percentage of your overall income in your start-up year. The second stream of income is what we call passive income. Passive income is generated through sales of your team members or people you have brought on board who work under you. Their sales will generate a portion of income for you creating your passive income. Further passive income is generated as your team members build-up their own teams and create a network of sales opportunities. Dan’s tip – Build your networks fast. Don’t wait for people to find you, get out there and spread the word. The effort you make now will be a foundation for your business and you should see the financial reward from that work in year 2.

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