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Sunday, July 13, 2014

Avoid network marketing

The situation I'm about to describe doesn't happen very often, but reading this post can help you save a couple of hundred dollars.

One day, some stranger will approach you seeming overly friendly. You might start up a simple conversation and 10 minutes later, this person wants to set up a meeting with you.

Before you know it, this guy is trying to recruit you to his company to sell anything from health food to insurance products.

Most likely, they person you were talking to is involved in network marketing.

Network marketing usually follows these characteristics.

1. They place a huge emphasis on recruiting lots of people
2. The recruiter talking to you will hype up the business and make it sound super easy
3. You will most likely be required to become a business owner
4. The pay structure is 100% commission. There is no base salary or hourly wage
5. Theses companies usually have high turnover rates
6. They try to hook you in by making you realize how much you hate your job


At face value, it may sound like a pyramid scheme.
Its not, however it can easily leave you feeling screwed over after a few months.

People can and do make lots of money in sales and networking, however they had to work incredibly hard to receive the six figure salary they boast about. They don't emphasis this part.

These companies are supported by people who make sales. To get the most sales, the company needs the best sellers.

The only problem is that no one knows who the best seller is going to be. For this reason, multi level marketing companies must recruit as much as possible to find the best sales executive.

Out of every 100 people recruited, maybe only one will be that superstar sales executive.

What tends to happen is that network marketers need to recruit as much as possible. They start trying to convince people to come into the business even when they don't want to in the least.

If you aren't that ambitious man who is willing to put in 100 hours a week to the business, you are not going to be successful at network marketing. It is not for you.

Realize that the recruiter does not care about you. He only cares if you can produce for his company. If you quit and fail, he will just recruit someone else.


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