Network Marketing- What REALLY is Network Marketing and MLM- Bottom Line?

Written by Doug Firebaugh


The question MANY people have as they THINK about starting a home-business is this:

WHAT REALLY IS Network Marketing and MLM?

Depends.

What you see Network Marketing and MLM as, has a lot to do with your perspective you were given atrepparttar time you were signed up, or what you have heard from other people if you are just looking at Network marketing and considering MLM. Every company has their own "Corporate Culture" that is unique to them, and is part of who they are.

This will influence heavily your view of what Network Marketing is. We will simply give you our views and definition after 22 years inrepparttar 147354 industry, and also to empower your ability to perform inrepparttar 147355 marketplace with Network Marketing at maximum capacity.

Network Marketing, or MLM, is considered basically a personal channel of distribution business ,for goods and services that also can have a "Mini Franchise" opportunity attached. We call Network Marketing "Personal Distribution." You can join a network marketing company and personally distribute your products to customers, and then recruit a Rep group that you can obtain a percentage of royalties from, by overriding your groups volume. This is much like a real estate broker, and this allows you to build an override structure off of what volume and business your team builds.

And most look at Network Marketing as exactly that. A system for creating wealth through your efforts as well as other people's efforts.

Nothing wrong there, but there is a huge void in that reality. Before you can build a group that does not fall apart, or go away, you MUST understand what MLM and network marketing REALLY is from a Big Picture standpoint, and allrepparttar 147356 rest will fall into line. There are many explanations out inrepparttar 147357 marketplace of Network Marketing, but let's look at it from a BIGGER Picture, and Bottom Line.

All Network Marketing REALLY is, is a Personal Development System, masterfully molded into a business of product distribution, that can be duplicated. Did you get that?

READ THAT AGAIN!

What that means is Network Marketing and MLM requires and DEMANDS Personal Growth and Development from you in order to Succeed in this business. There is no other way to Succeed in Network Marketing.

Why?

Here is an INFERNO Secret that MOST people will never tell you when you first come into MLM:

Most people bring inadequate attitudes, skills and habits to Network Marketing, and with that, they try to build a business with skills that have produced failure inrepparttar 147358 past, and guarantee failure again.

No, they don't plan to fail, they just have not developedrepparttar 147359 necessary skills torepparttar 147360 level that is required to Succeed in MLM, simple and plain. Those skills cannot PRODUCE Success because they are not prepared FOR success.

Did you get that?

And most are never told that their skills are lacking and need refining and building. Network Marketing is not a cake walk, and does require a SOLID set of skills to Succeed.

And that is why we at PassionFire believe that LEADERSHIP isrepparttar 147361 Secret Weapon to this business of Network Marketing. People will follow you into this business, if you lead them with strength, and grow them into Success. You must learn to lead you and others on a Power Path of Growth, which will increaserepparttar 147362 odds of you Succeeding in MLM Tremendously.

You must Learn in Network Marketing and MLM:

1. Company info and how to present. 2. Product Info and how to present. 3. Pay Plan info andrepparttar 147363 parts to it. 4. How to Recruit. 5. How to Train. 6. How to Duplicate and more.

And HOW you do that will depend onrepparttar 147364 Skillset you bring to this business. Especiallyrepparttar 147365 Master Skill- The COMMUNICATION skill.

Network Markeitng Success- The 5 Critical Steps to Massive MLM Success

Written by Doug Firebaugh


Many people today in MLM and Network Marketing are looking forrepparttar silver bullet,repparttar 147289 magic lantern, orrepparttar 147290 Secret Door that you walk through for Success in network marketing. Well, a magic lantern does not exist, as far as I know, and a silver bullet may be hard to find. Butrepparttar 147291 Secret Door actually is a Success Path that you walk daily, and can produce massive Success over time.

We all know that there are 7 days to a week, 12 months to a year, and 60 seconds in a minute. I will prove a point. Monday, Tuesday, Wednesday. What comes next? Correct. Thursday. We live in a sequenced based world, and a sequenced based life. This is all part of our life culture, and our life we live. MLM hasrepparttar 147292 same sequenced pattern of structure in this industry.

There are 5 basic Success Modules, or steps, that driverepparttar 147293 business of MLM and each module has it’s own importance. We will cover all 5 in great detail in more modules in PassionFire, and you must become very familiar withrepparttar 147294 modules. They will bring great success to you and your business, or great frustration. What happens all depends on YOU.

INFERNO Secret:

The Modules of MLM have a Power to them that you can make work FOR you….or AGAINST you. That is totally your decision. You need a path to walk, and a step by step system for you to be able to duplicate your business.

Most people in MLM bring a certain pattern of thinking and living to their business, family, and life. And these modules dove tail nicely in their pattern of life. And each module has it’s own purpose, and combination for success.

Each is a part ofrepparttar 147295 whole, but if worked in sync, then these modules can create a “flow” of work and success in your business that will amaze you.

Ok…what are they?

1) Prospecting 2) Contacting 3) Presentation 4) Next Move 5) Decision

Workingrepparttar 147296 5 Modules in Network Marketing.

1) Prospecting

Simply, if you don’t have people to talk to about your products and services, and business, you are unemployed in this industry. You must have people to share your product stories and successes with, so they can become a customer, and maybe a distributor.

Prospecting will be covered in depth in PassionFire, bit it all starts with someone to talk to, and someone to share your message with.

2) Contacting

If you know people, and have a list of potential customers and distributors, but you never call them, then you have what I call a “wish list inventory”, as success will only be a wish on your part. You MUST engage them in conversation and use that as a vehicle to share your message with them. You have made a list of prospects, but now you must have a point of contact with them, and that usually starts with a conversation.

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