To
Good To Be True?
Is Networking Marketing really as easy and lucrative as
recruiters make it sound? by Michael L. Sheffield
February 17
, 2003
Question:
I have had a number of people try to recruit me into network marketing.
Each person tells me I can make a lot of money with very little effort.
It all sounds too easy. Can you give me some advice? Answer:
The dollar bill will never sprout wings and fly into your mailbox, no
matter what someone promises you. Upon closer scrutiny, you'll find the
people who make a lot of money in network marketing have usually prepared
for their good fortune.
The best definition of luck I have ever heard is this: Luck is when the
combination of knowledge, hard work and opportunity meet in the same place
at the same time. Successful distributors who join a legitimate network
marketing company work hard to learn everything about the products and
the business opportunity. They then apply these concepts in an organized
method, working a few dedicated hours each week. Each hour of effort serves
as a building block for their long-term business growth. Next, they sponsor
other people, teaching them how to sell the company's products or services
and in turn sponsor others.
This concept is easily demonstrated and supported in the company's compensation
plan strategy. When you sponsor someone, you now have two people selling
for you--yourself and the person you've sponsored. Every time that person
sells a product, you earn a small percentage bonus. This is best described
as leveraging your time to geometrically grow your income. By helping
the people you personally sponsor to sell products and to sponsor others,
you, in effect, duplicate yourself. As this process continues, you create
exponential growth that can lead to hundreds or even thousands of people
coming into your business. You leverage your time by helping others succeed
and earning a small income from each of their sales efforts.
Now, with all this said, if someone tells you it is easy, they have either
not done it themselves, or they are "puffing" the opportunity.
Even good, honest people seem to exaggerate the amount of money you can
make and the ease with which you can make it. Enthusiasm and passion seem
to overtake common sense. It is up to you to filter out the noise and
find the real facts. Many opportunities that may come your way will be
legitimate and worth a look. In other words, if you are looking for a
way to make some part-time money or even for a career opportunity, don't
throw the baby out with the bath water just because the messenger seems
to oversell. Dig a little deeper and understand that almost everything,
including network marketing, is never as easy as it sounds. And always
beware. If it sounds too good to be true, it probably is.
________________________________________________________________________
MLM Consultant Michael L. Sheffield is the CEO of Sheffield
Resource Network, a full-service direct sales and Multi-Level Marketing
(MLM) consulting firm. He is also the co-founder and chairman of the Multi-Level
Marketing International Association (MLMIA).