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If you have found this blog, chances are you are looking for information to start an online MLM business idea. Either you are fed up at work, unhappy with your current employment situation, overextended and underpaid; you are looking for a way to become financially free. But look before you leap, and make sure you are choosing the right career for your personality. Here are three tips to keep in mind:

Assess Your Strengths

Let’s start by looking at your strengths. What are the personality characteristics you can bring to a work at home business idea? These are the things about you that will help you forge ahead as you start a new career. Some recommended characteristics of entrepreneurs include:

•    Strong planning skills;
•    The ability to manage money wisely;
•    A natural self-promoter;
•    Ability to project a positive image;
•    Strong negotiation skills;
•    Self-starter, not needing direction;
•    Highly organized personality.

Assess Your Weaknesses

Now that we know the good, let’s take a look at your weaknesses. What kind of personality issues could pose a problem for a network marketing system? Here are a few things to watch out for:

•    Laziness;
•    Procrastination;
•    Disorganization;
•    Inability to be a leader or build a team;
•    Poor money-handling skills;
•    Inability to get along with different personality types;
•    Workaholic tendencies (working hard is great, but you better be able to put up boundaries when you have a network marketing business opportunity).

List Your Skills

Now that you know your own personal strengths and weaknesses, let’s think about your practical skills. What have you learned through former jobs and life lessons that you can bring to a home based career? Following are some of the top skills to have:

•    Bookkeeping or accounting skills;
•    Marketing training;
•    Computer skills, such as basic computer equipment and software programs;
•    Ability to write concisely and in a professional manner;
•    Multitasking;
•    Graphic design or website design skills, if you want to set up your own website.

Now that you know your own personal strengths, weaknesses, and skills, you can find a home business network marketing company that fits like a glove. Feel free to contact me if you are interested in joining my team!

Network Marketing System 101: The Basics

You may have heard about a network marketing system and how you can build one to benefit your business. But if you are new to the home based career world, you may be unfamiliar with this term. In fact, if you are readying the blog, chances are you are in need of network marketing information. So consider this your basic guide to network marketing advertising and how it can work for your business.

What Is Network Marketing?

Network marketing, also known as MLM marketing, is one of the oldest forms of marketing for home based businesses. Many well-known institutions, like Mary Kay, Avon and Tupperware, have used MLM advertising to grow their companies into the hugely successful companies they are today.

With this kind of marketing system, you recruit salespeople to sell your products. In return, they earn a commission on each sale. They are encouraged to recruit other salespeople to the company as well, and you earn a portion of the commissions of each recruit you bring on board. The idea is that you can eventually stop selling yourself, and live off the commissions you receive, a concept that is known as “residual income.”

How Do You Incorporate Network Marketing Into Your Business?

You can use the tips and techniques I offer on my website to help incorporate this kind of marketing system to your own home based business. Many people worry that they cannot use this kind of system because they feel they don’t qualify – that they are too small or the products they offer are too obscure to warrant marketing. Well, you can’t afford not to market your company, especially in this economy. The beauty of network marketing is that it can be adapted to every kind of small business, no matter what you do or sell.

Why You Need Network Marketing

You need to have a marketing plan. Going into business without a marketing system is like starting a road trip without a map. You know where you want to go, but have no idea how to get there. By implementing this marketing system, you can take your business from small to spectacular in no time. You will be able to retire quickly and with dignity, or you can keep working as long as you are having fun!

A network marketing program is not infallible. In fact, no matter how savvy or sophisticated your network marketing system is, it will fail if you bring the wrong attitude with you to work. The system is there to help, and the best internet MLM marketing systems are highly automated and work 24-7 to keep your business on the front page of any search engine. But that kind of automated work can only take you so far your first year in network marketing. You cannot build a successful business without the right mentality.

You Must Be All About Teamwork

I have a team of dedicated professionals who work together to build our businesses. For my team, there really is no “I” in teamwork. We are all working together with a shared goal and a shared sense of purpose. If you want to succeed, you will need to join my team with a cooperative and helpful spirit. A team is really only as strong as your weakest member, but we are all strong team players in my group.

You Must Have Dedication

It’s so much easier to go out and work a dead-end job than to become an entrepreneur. If all you have to do is show up, you can collect a mediocre paycheck until the company forces you out. But if you desire something more, then you can bring that spirit of dedication and drive with you to a network marketing business opportunity and have the chance to do something truly great. With perseverance, you could become independently wealthy.

You Must Have Optimism

Owning your own business is rough, no doubt about that. You will have the encouragement and support of your fellow teammates, and that kind of support system will help you overcome many obstacles. But when you own your own business, you will be constantly working to overcome challenges. If you look upon each challenge as an opportunity for improvement, then you have the right attitude. The small business owner must be optimistic; otherwise, it’s too easy to just give up in the face of your first big challenge.

When I first began my network marketing business opportunity, I had a lifetime of business experience behind me. I come from a family of entrepreneurs; in fact, I worked in the family business until we sold the first branch in 1999 and the second branch in 2003.

After that I went into real estate until the bubble burst, then I was introduced to the network marketing system by a business acquaintance. My first year was pretty good because I was able to call on all of my business training, but I knew the time would come when I finally would run out of leads.

Network Marketing Lead Generation

Around the time I realized I was going to run out of ways to generate leads on my own, I found a mentor who showed me how network marketing prospecting should really be ran. Here’s one big hint: don’t rely on friends and families to be your main leads. There is a vast untapped market of potential leads out there, and my mentor showed me how I could reach that audience. In no time, I was able to grow my company well past my wildest dreams.

Your First Year in Network Marketing

Your first year in network marketing will be the hardest year you encounter. In fact, 97% of all new network marketing entrepreneurs fail within the first year. Why? Because you will be encouraged to rely upon old-school methods that simply don’t work any longer. Hiring a mentor to help you grow your business steadily is one of the soundest investments you can make in your new career.

You Wouldn’t Start a Road Trip without a Map…

…or a GPS or some kind of plan of attack. You wouldn’t leave on a cross-country drive with the gas tank riding on “E,” right? So why would you embark on a potentially life-changing career without an idea of how to be successful? Hiring a mentor is like getting your map ready and filling your tank with gas before you leave town. You have a much better chance of reaching your destination without breaking down on the side of the road.

If you are new to home based business marketing, you are probably being faced with a whole slew of methods that simply won’t work. The old-school way of internet MLM marketing simply won’t work anymore, because these methods were developed when the internet was in its infancy and what worked then isn’t applicable anymore.

It’s just like anything having to do with computers: think of how different your computer was back in 1999. Now think of the setup you have now. A lot has changed, right? Well, it’s the same way with the network marketing system: what worked a decade ago is not even relevant anymore.

Stop Recruiting Friends and Family

First, you need to stop trying to recruit your friends and family. Trying to “guilt” friends and relatives into buying into your company used to be the backbone of network marketing recruiting. But there are three reasons why this doesn’t work:

•    It puts an unnecessary strain on personal relationships, as your loved ones either don’t want to commit to your new company or cannot commit due to a lack of time, lack of funding, or lack of experience;
•    If your friends and relatives do  sign up, there’s a better-than-average chance they don’t have a background in sales and won’t be able to bring in a lot of money without a considerable amount of training;
•    It mixes the personal with business, which is rarely a good idea.

Focus on Finding a Mentor

Rather than frittering your time on recruiting friends and family members, you should direct your thoughts “up.” When I was a kid, my father used to tell me that I should pick a “rabbit” to follow in school. This means you focus on someone who is a high achiever and pattern your behavior on his.

You need to develop a relationship with a mentor who can train you in proven methods for expanding your MLM business.I found that kind of mentorship with a friend of mine who is a builder/developer. Now that I have succeeded in my field, I can be your “rabbit,” and you can pattern your business after mine so you can prosper too.