I kept six honest serving men, They taught me all I knew. Their names are What and Why and When And How and Where and Who.
These well know lines by Rudyard Kipling offer sound advice for many situations in life. They can be usefully applied if you're thinking of getting involved in network marketing or any other type of work at home business.
WHAT can I do to make a profit? Simply put, you provide a product or service in return for money. Don't worry if you don't "have" a product - just get one from somebody else and then sell it on, or get involved in an affiliate marketing scheme. Successful merchants have been doing this for thousands of years.
You don't have to make product yourself. You don't even have to own it. You can simply sell it on someone else's behalf and then take a percentage of profit.
If possible, try to market a product or service that is provided on a monthly subscription basis. That way you will get your percentage every month - residual income.
Do not get involved with any business that doesn't have a genuine product and which pays you for recruiting others into business. This type of arrangement is characteristic of a pyramid scheme.
WHY choose network marketing? Network marketing, coupled with power of internet, is ideal for a start-up business. No premises are required and there are no employees, so both start-up and running costs are very low compared to a traditional business.
The internet can be used for both selling and recruiting and many of tasks associated with these activities can be automated using websites, autoresponders, email etc. You also have ability to reach a world wide market - possibilities are endless.
Unlike many traditional small businesses, you can work your network marketing opportunity part-time to begin with. You don't need to give up your day job until you're good and ready, so risk is very low for you.
WHEN is best time to start? The sooner better. Start-up costs are low and much of your initial outlay will be covered by money back guarantees. Your risk exposure is minimal.
However, even if you already have some business experience, you should expect to be on a learning curve to begin with. So do your research, pick a company with good training and support, find a good mentor and get going. The sooner you learn tricks of trade, sooner you can start to build your business and make a profit.
One thing's for sure - you won't make any money "thinking about it".