Here’s the thing about a network marketing business for retirees. Starting a network marketing business is very easy. Being successful is much harder.
However, you don’t have to be rich to be successful. And you don’t have to do a lot of work to be happy.
Here are 12 things about a network marketing business that could help you become rich, but will help you be more happy!
1. Make decisions quickly.
While there are different attitudes and styles about how to be successful, and while there are different approaches and skills that are required, one thing is clear. Success in a network marketing business comes from being able to make decisions quickly. Most retirees are good at this because we have been doing this all of our lives.
It comes from knowing what to do and how to do it. You must be able to follow simple instructions and build a successful business. It comes from being able to handle rejection.
2. Have the right mindset.
But more than that, success in a network marketing business comes from having a certain mindset. It comes from being able to believe in yourself. And it comes from being able to take it to the next level.
How else can you explain the fact that several of the wealthiest men and women in the world today have started a network marketing business?
Can you explain the fact that several of the millionaires started a network marketing business while they were still working full-time jobs?
How else can you explain the fact that millionaires look for opportunities that can pay them multiple incomes?
3. Network marketing is a great business if you like helping people.
Network Marketing Today is a great business. Especially if you like helping others make money. If you like making your network bigger and your business bigger.
If you like being able to give your income to help others make money. You like getting paid even when you aren’t recruiting anyone.
4. There are many MLM opportunities.
The simple truth is that there are many business opportunities that offer a network marketing business opportunity. And many network marketers are happy with their current business.
Many network marketers don’t need to change their business much. But for the individual looking for a good network marketing business opportunity, I want to offer you a little bit of history and perspective.
5. Sticking it out is not the answer.
When I started in network marketing I was told that a network marketing business opportunity was a great way to go. But my upline told me that the best opportunities didn’t really work.
It was just a matter of sticking it out and seeing what happened. I was sold on this believing that everything is a matter of sticking it out and seeing what happened.
It wasn’t a matter of sticking it out and seeing what happened. It was a matter of making the choice to know what happens and change your mind repeatedly until you know what happens.
6. Know what is happening.
Once I made the decision to know what happens, I found out what happened was that my business wasn’t doing what I expected it to do. This happened over and over again with different opportunities and this is exactly what happens to almost every person who gets involved with a network marketing business.
It gets worse. There are people who are successful in a network marketing business and then there are people who are failures. Then there are people who have no success.
They keep getting told what they hear from their upline, what they see from their upline and what they see from their other downline is what they’re going to get. But they keep getting told that all they have to do is stick it out and see what happens.
I have seen people go from being very wealthy in their previous network marketing business to working for other people and then to be working for themselves. People change their minds multiple times because there is no consistency in training.
I have seen people, after changing their minds, get told that they didn’t stick it out long enough. I’ve seen people who had zero or negative cash flow for years turn into huge cash flow because they keep changing their minds.
7. Learn and Decide.
And that is what happens to almost every person who gets involved with a network marketing business. Network marketing is a business of learning what happens. Every new person who joins your business is a new chance to learn what happens and then to decide what you want to do.
By getting out of your comfort zone and learning what happens, you can stop getting told what you’re going to get and instead be proactive and change your mind over and over until you know what happens. As a retiree this may be a little harder to do, but you can do it!
8. Get product focused.
This is what you should be doing in your network marketing business. Buy products for yourself and sell the products you like best. That is where to start in MLM.
The best thing to do is to sell products you have personal experience with and you like. It’s easier to sell something you personally use or use yourself.
Ask yourself do I like the product?
Do I believe it’s a value in my life?
How does it help me?
Is it useful and how is the price?
9. How can I make money?
This question might not be up for debate. You will have to find this out.
Ask yourself how I can earn extra income. How can I earn another $50 a month, an extra $100 a month, an extra $500 a month? Always be truthful.
When you are talking about your network marketing business, tell the truth about this. When people ask you how can I earn extra income, remember to tell them how you earn extra income.
If you will get another job, you can answer them by saying you earn another $100 instead of $50 or $500. Remember it’s an extra $500 to them. This is called deception.
10. Follow a system.
There is no doubt you have to learn how to make money in your network marketing business. You can’t earn anything if you don’t have a system.
Most importantly you should love what you are doing. Your product has to be worth something to you. This love will turn into passion in you.
People will want to work with you if you have a product that people need. But it’s the love of your product, love of your process and love of you that will turn you into a success with your business.
11. You will need to have trust.
In network marketing you do not create trust until you have built a relationship. Once you build a relationship with someone, you have done your job.
You are now the breadwinner of the household and their financial protector. All of a sudden you can go to them and tell them you trust them.
There is no trust because you have been with them before and you know they are honest. You trust them because they deliver. You do what they say you say you will do.
That does not mean they have a network marketing business. You are now the protector.
You need to have their trust also. If you are going to let someone know your business is not working, you need to have them know that you believe in what you are doing.
12. This is what is known as your vision.
If you can’t create your own vision for yourself and for your business, you need to get help. This is by far not the only or the best way to help you become successful in your MLM business.
What it is is a tool to help you build a business that is about your vision, your passions, your needs, your strengths and your problems. I hope you can see and take advantage of the value you provide. You deserve success in your network marketing business. Retirees deserve success!