Internet Network Marketing – So Many Try & So Many Fail
Fact: It doesn’t matter what the business online is, the reality is there are thousands of people that are failing to thrive online. Why? On the surface you might think that the sky is fallen and nobody is making money online.
This causes people to prematurely give up on their dreams. Do you want to know how to put the odds in your favor?
…I thought you might!
It starts with stepping back and looking at internet network marketing as a whole. What is it? What are you going to sell? How are you going to sell it? Does anyone want it? Who are you working with? It’s important to answer these questions.For some strange reason I see people all the time throw logic and common sense right out the window in favor of following what some people say blindly. Always remember that if it sounds to good to be true it probably is.
What Internet Network Marketing Is Not
Contrary to what some people will say, Internet Network Marketing is not a get rich quick way to make money online. Indeed it takes times to create a solid network that you can work with. However unlike traditional business models were you have to constantly drum up new business and are constantly struggling to make the next sale. In the internet network marketing industry you can work your tail off and eventually slow down and let the power of leverage take over.
Notice I said eventually, before you get to that point you will have to work more than likely harder than you ever worked. With that said don’t be fooled into believing you don’t have to work equally as hard in other niches. Because the fact of the matter is success in anything is high.
Internet network marketing will not nor did ever solve a persons *real problem. I often see advertisements that claim that if you join this or that then all of your problems will go away. All that glitters isn’t gold my friends. A terrible mistake I made, one that I hope you avoid making is I devalued myself for a long time.
That mistake alone probably costed me tens of thousands of dollars throughout the years.
Finding The Right Internet Network Marketing Company
Let’s look at the words “Internet Network Marketing” for a moment. Old school networkers don’t understand how the internet works, whilst internet marketers don’t exactly understand how networking works.
Internet network marketing can be best summed up as a fusion between 2 distinct disciplines. Because of this I have come up with requirements that make up a good company.
- Must be an internet based business (meaning whatever is being sold should be a membership,digital downloadable products, video products etc…)
- Must have a strong community and culture (without those two things the business won’t last very long)
- Must abide by the law of the land (must play nice with the ftc and other regulators)
- The compensation model must pay you enough to continue to stay in business (forget the 5 gets 5 model or the 3 and it’s free model they don’t work)
- The leadership of the company has to be ethical and transparent
- Must have a proven results and been in business longer than 1 years.
FYI: A good percentage of online businesses fold within 1 to 3 years.
The most important factor is don’t join anything online with a stranger. Follow them on skype, facebook and other social networks, try and get the person on the phone find out what they are about before joining them.
While you can sell off line products online you have to be careful how you do it. Many MLM companies have strict guidelines on how you can sell their stuff. Always read the terms of service and or compliance regulations of the company.
Are you in the internet network marketing industry? What are some of the requirements you have for picking a company? I would love to hear your feedback 🙂
Both Larry Rivera and Jamie Pelaez work from home full-time as online entrepreneurs. While we still do some affiliate marketing in the form of product and service related recommendations, our primary focus is our membership site sharing our love of Kung Fu around the world. You can trust we will only recommend resources we personally use to enhance our life and online business. While we make money online, however we cannot guarantee you will. Only because we do not know how dedicated you will choose to be. 😉