Network Marketing Questions and Answers
Let's take a look at the most common answers to the frequently asked questions about the network marketing industry: Q: Can I really make money in network marketing? A: Yes, you can.
There are a lot of stories of average people from all sorts of backgrounds that are doing very well and have left their full time jobs.
Q: How long will it take me to quit my full time job? A: It all depends on the efforts that you put into your business.
Those who take massive action and are persistent are able to quit their jobs within 1-2 years.
Most distributors who work their business less, see great results 4 years after they start in the business.
So it all comes down to taking massive action and being consistent.
Q: What's more important: Sponsoring more leaders or selling more products to customers? A: Obviously, finding the right people who will become future leaders is much more profitable in the long term.
Selling products to your customers is a good way to make some money in the present but having people in your team become leaders themselves is the best way to go.
Q: Isn't Network Marketing an illegal pyramid scheme? A: No, it's not.
Network marketing is a legal business opportunity.
In MLM, there are real products that move from the company directly to the consumers (Distributors).
In a pyramid scheme, which is illegal, there are no products involved at all.
The only thing that is moved around in a pyramid scheme is money.
Q: How many people are there in network marketing in the United States? A: Over 10 million people are working either part-time or full-time in network marketing in the United States.
The numbers worldwide is about 25 millions and growing every year.
Q: How much money to I have to invest to start in a network marketing company? A: Every company has its own prices but it is usually under $1000 to get started.
Some companies charge $500 and some charge only $150 to get started.
Q: Do I have to quit my current job to build my MLM business? A: Definitely not.
Every single person who starts, builds their MLM business as a part timer.
If you can devote 10-20 hours a week part time, then it is very possible for you to become full time in 2-4 years.
Q: Can I sponsor in foreign countries? A: If your company has distributors in another country and is allowed to do business there, then yes.
If your company is not legally allowed to market in a particular country, then you may not recruit there.
Once your company is legally allowed to open its doors there, you will be able to do business there.
Q: Are people really succeeding in network marketing by going online and doing all of their activities there? A: Yes, there are a lot of people from all over the world who are building and succeeding in their MLM business online.
There are a lot of stories of average people from all sorts of backgrounds that are doing very well and have left their full time jobs.
Q: How long will it take me to quit my full time job? A: It all depends on the efforts that you put into your business.
Those who take massive action and are persistent are able to quit their jobs within 1-2 years.
Most distributors who work their business less, see great results 4 years after they start in the business.
So it all comes down to taking massive action and being consistent.
Q: What's more important: Sponsoring more leaders or selling more products to customers? A: Obviously, finding the right people who will become future leaders is much more profitable in the long term.
Selling products to your customers is a good way to make some money in the present but having people in your team become leaders themselves is the best way to go.
Q: Isn't Network Marketing an illegal pyramid scheme? A: No, it's not.
Network marketing is a legal business opportunity.
In MLM, there are real products that move from the company directly to the consumers (Distributors).
In a pyramid scheme, which is illegal, there are no products involved at all.
The only thing that is moved around in a pyramid scheme is money.
Q: How many people are there in network marketing in the United States? A: Over 10 million people are working either part-time or full-time in network marketing in the United States.
The numbers worldwide is about 25 millions and growing every year.
Q: How much money to I have to invest to start in a network marketing company? A: Every company has its own prices but it is usually under $1000 to get started.
Some companies charge $500 and some charge only $150 to get started.
Q: Do I have to quit my current job to build my MLM business? A: Definitely not.
Every single person who starts, builds their MLM business as a part timer.
If you can devote 10-20 hours a week part time, then it is very possible for you to become full time in 2-4 years.
Q: Can I sponsor in foreign countries? A: If your company has distributors in another country and is allowed to do business there, then yes.
If your company is not legally allowed to market in a particular country, then you may not recruit there.
Once your company is legally allowed to open its doors there, you will be able to do business there.
Q: Are people really succeeding in network marketing by going online and doing all of their activities there? A: Yes, there are a lot of people from all over the world who are building and succeeding in their MLM business online.
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