Take a Serious Look at the Home-Based Business Opportunity
Is it possible to enter into a home-based Network Marketing business opportunity over the Internet?
Everything is possible with the Internet especially in the modern way of doing business here in 2019…
But is home-based Network Marketing business opportunity feasible and profitable? The answer to that question is absolutely because these are real businesses if ran like one.
So, how can one succeed in this kind of business model?
Let me say or introduce you to the 4 steps fo the what, why and how to grow your Home-Based network marketing business
Here they are:
Recruit Customers First and Team Builders Second
Why do you have to do this, this way?
The quickest way to start creating cashflow is by getting some customers that just buy the product. Team builders are harder to find and to be honest take more work to train on how you’re building your team.
Home-based Network Marketing business opportunities are in fact networking with other people whose interest is in the same niche. It is composed of uplines and downlines.
Your Upline will be your sponsor and those above them. Your downline are those you signup and hopefully those that your upline and downline signup.
On the other hand, the recruited independent representatives are the downlines. Home-based MLM business opportunity is a commission-based joint effort of uplines and downlines.
That is the main reason why both uplines and downlines must work together is pretty simplistic in my way of thinking.
One without the other, the whole organization or team will be paralyzed. It will not function or not healthy.
What does this mean?
What this means is no one will have confidence in the other and everyone will be trying to do it alone. When or if this happens you will end up quitting from being burnt out…
This is why you need customers. If you build a customer base of loyal people who love the product like you do (or should) you will always have that income coming in regardless of what your upline or downline is doing.
Maintain the minimum to be Qualified for Commissions
Home-based Network Marketing business opportunities are so simple yet requires careful analysis of the comp plan. What I tell people is do what you know you need to do to stay qualified and then the rest is frosting-on the cake.
Everyday, independent representatives market the products and services of your or another company. So make it a habit to stay focused on what you have coming in and what you have going out that way you will maintain cashflow for your business.
Monitor the consumption of products and service
As bad as I hate to tell you this you must keep track on what your downline is doing. Make sure they are following the plan like being qualified to get commissions and getting their own customers. Most home-based network marketing opportunities are about people buying the product or service they provide.
Train your downlines regularly
Lets face the facts people need training. Not everyone you or your downline brings into the team will know how to do the things that you do. If you want your team to grow show them how active you are and they will usually follow your lead.
The first thing you should teach them is how to get customers by using social media. Build relationships with people get to know them and let them get to know you.
For the most part you will be joining a team that has a lot of people in it and some will have a lot of experience so they probably have a training site already made and working with and for their team. Just plug into it and start learning…