There are several reasons why this is so. One of those reasons include leaving the rat-race, the politics and the corporate world behind. Some major advantages that comes from working at home are:

See more of your family
One obvious benefit is you get to stay home with your family. You can spend time with your kids. This is expecially helpful if they are still young or if you are a working mom. You do not have to sent your children to child care centres.

Flexible Hours
If you owned your business, you can dictate the hours that you want to work. These hours can be planned around other household or family activities that are important for you. The main benefit here is flexibility. Many work from home entrepreneurs may initially put in more hours into the business at the start, but once their business has been establish, they only need to work 20 hours a week.

Freedom: Dictate Your Life
Life is so much enjoyable when you live it on your own terms! The freedom that you enjoy by being your own boss is invaluable. You get a sense of control over your life which many feels lacking when working for others. You may or may not achieve this freedom, but many says the journey is well worth it.

Low Start Up Cost
Most home-based businesses require very little start-up cash. In many cases, you only need what most households already have i.e.a computer, a phone, a copier/fax, and some general material to distribute about your product or service. A lot of marketing can be done on the internet, so you can save on your printed material and other expenses associated with travelling and face-to-face meetings.

Sustainable Income
By owning a business you not only can provide for your family everyday’s expenses, but may also provide enough finances for the next generation. In some events where the entrepreneur can no longer work because of old age, death or suffer disability, their businesses can still generate profits for the family, especially if the entrepreneur have designed the business

How deep does MLM companies pay?
Different MLM companies differs on the depth when it comes to calculation of commission. Usually the depth depends on some condition the distributor have to achieve. For example: higher personal sales more depth or the more managers or directors lines that a distributor have will entitle him or her to override greater depth.

What happens to the unearned depth commision when a distributor fails to qualify?
For MLM companies that practice a full payout plan i.e. paying a constant percentage of sales as commission to members, unearned commision from sales deep in the group goes to the uplines who qualify. Therefore the company do not derive any benefits when a particular distributor does not qualify for any depth commision as the commision will go to the uplines.

Why doesn’t everybody make money in MLM?
Everybody can and will make money if they do the basics on MLM : find some customers and later recruits people who also wants to do the business. You can earn money even if you do not have any downlines via selling. Like other businesses, not everybody make the same amount of money. The money earned in MLM is usually proportional to the effort, time, commitment, and planning that goes into building the business.

How important is the marketing plan?
Marketing Plan plays a very vital role in the growth of a MLM company. Needless to say, if the marketing plan does not pay well or the criteria to achieve higher commission is difficult to achieve, then many will the business. In general, most MLM marketing plan today reflects the reality that many does not like selling and hence have lower personal sales compared to their predecessors. Comtempory marketing plans also takes into account that majority of active distributors only sponsor an average of 2 downlines and hence the popularity of binary plans today.

Having said everything, we need to remember that the marketing plan is just one component, albeit an important one, to the overall success of the network marketing company. Other important factors includes products, training and support and management experience.

Network marketing on the other have have an even higher failure rate.
The reasons are :

1. Lack of commitment from distributors themselves
Having only invested low capital, the vast majority of distributors are not active at all which is not surprising why they failed. Having just called or talk to one friend, getting rejected and that is the end of their MLM business.

Even those who are commited are just doing it part time. I am not suggesting that you need to do MLM fulltime to succeed. In fact one of the beauty of MLM is you can earn additional income stream without quitting your job. However, the reality is part time effort seldom produce full time income.

2. Lack of quality distributors
For most conventional businesses, the barriers to entry are high. For example: if you want to start a restaurant you will need to have enough capital, some cooking skills (if you are planning to do the cooking yourself), management skills, marketing skills and financial management skills. Only people who believe they have what it takes will start a conventional business.

Network marketing business on the other hand has very low barriers to entry. You can pay less than a hundred ringgit, get a started kit and you are already in business! No experience needed. No skills needed. Just follow the system. This is a lie. Like all businesses, you need to work on your skills set such as one on one presentation skills, stage presentation skills, leadership skills and learn product knowledge. Just look around and you will noticed that almost without exception those that earn high income have took time to developed the skills mentioned above.

3. Emotion is the main reason why people join
The vast majority of the working public will love to have higher income, more flexibility over their working hours, dislike office politics, loves the freedom that network marketing can offer. Hence when a MLM distributor comes knocking unsuspectingly, and start giving an illusion that they can have all they desire by joining the business, some gets emotional and joins without much thought. When reality strikes (usually when they get their first rejection) they quit.

Lets face it. Business is HARD. If it is not hard many would already be in business. Network marketing is a business. Network marketing is difficult. However it is not more difficult than other businesses nor it is easier.

Therefore the tips to succeed in MLM is ask yourself constantly:”What is the real reason that attracted me to this business?” Is it because you wanted to make more money? Is it because you wanted to make a positive shift in your life so that you could start enjoying life a bit more? It is vital that we learn to find our WHY, since this is what would encourage us to continue taking massive steps to improve ourselves and our skills and to make our business a success.

However, for the business savvy individuals, the recession offers great opportunities which many people overlook. Network marketing may be one such opportunity.

What is network marketing?
Network marketing is nothing more than an alternative to market products directly to the end user via word of mouth. By going direct, the profits that goes to the middlemen are now paid as commissions to the distributors. Certain aspects of the recession makes network marketing more attractive as a business venture.

1. Low risks resulting from low investment
In a recession many people are rethinking about getting into business especially if the initial start up cost is high. Network marketing on the other hand offers a perfect opportunty to earn extra without the high initial capital outlay.

2. You can start Part time
This is an attractive feature of network marketing. It enable people to try it out for themselves on a part time basis. This security aspect of network marketing business make perfect sense expecially when times are bad.

3. Unemployed make good prospects.
We ofter come across successful networkers who have never imagined themselves doing network marketing. Some even frown upon this very idea. However, when they got retrenched they decided to try out network marketing and like they say, the rest is history. When in times of recession, some people who may be more open to the idea especially if they are directly affected by the economy.

In any economy, if you can identify and fill a void in the marketplace, you can make an unlimited amount of money. Several people looking to make addtional income equals more opportunity which makes for a win/win situation for everyone. Network marketing is definitely an opportunity to make money for these recessionary times.

Network Marketing – Les Brown

Robert Kiyosaki on Why MLM

Living Your Dreams – Randy Gage

MLM Online Success Formula

Importance on your focus on dreams for network marketers

Jim Rohn on Personal Development part 1 for Network Marketing
The legendary Jim Rohn (1930-2009) shares part of his network marketing story and tells of how Jim’s Mentor, Earl Shoaff, taught his that “Profits are better than wages”.

MLM: Who’s Getting Rich—Who’s Not by Tim Sales

I’m Tim Sales and I want you to know who makes the most money through network marketing. Who really makes it to the top? Do you need to get in at the beginning to be successful? Before you join an MLM, find out for yourself who is getting rich off of network marketing.

Les Brown on Network Marketing

Legendary Les Brown on his views on how Network Marketing is changing the way people do business today.

If you ever want to earn income and not have to spend time working, your income source must come from a self-sufficient business or an investment

Think Big – Donald Trump

Donald Trump gives advice to people on how to think big

Manifesting Prosperity and Abundance – Randy Gage

Randy Gage helps people transform their self-limiting beliefs into business and personal success. He teaches that health, happiness, and wealth are possible for all who desire it. Randy reveals how to harness the power of thought and intention to manifest success in all areas of your life.

How To Become A Success in Network Marketing

You can be a success if you are willing to invest in yourselves and your education.

Why Network Marketing – Robert Kiyosaki

I have found somethings that are extremely beneficial especially for people who wants to move from the E and the S Quadrant to the B quadrant. Network marketing also teach people sales, communication and business bulding skill – all are essential skills in the B Quadrant

Why Network Marketing Rocks
Quotation from Robert Kiyosaki, Paul Zane Pilzer, Anthony Robbin,
Jim Rohn, David Bach, Brian Tracy, Seth Godin, Bob Proctor, Donald Trump and many more

Warren Buffet and Direct Selling

Warren Buffett said this business was “the Best Investment I Ever Made”! He also states “The beauty of Direct Selling is that it’s all done FOR YOU. All you need to do is find a reputable company that offers a product or service you believe in and can get passionate about.”

Bill Clinton and Network Marketing
“You strenghten our country and the economy, not just for striving for your own success but by offering opportunties to others.You are also part of the global movement that promote enterprise and rewards individual initiatives”

There are several reasons why this is so. One of those reasons include leaving the rat-race, the politics and the corporate world behind. Some major advantages that comes from working at home are:

See more of your family
One obvious benefit is you get to stay home with your family. You can spend time with your kids. This is expecially helpful if they are still young or if you are a working mom. You do not have to sent your children to child care centres.

Flexible Hours
If you owned your business, you can dictate the hours that you want to work. These hours can be planned around other household or family activities that are important for you. The main benefit here is flexibility. Many work from home entrepreneurs may initially put in more hours into the business at the start, but once their business has been establish, they only need to work 20 hours a week.

Freedom: Dictate Your Life
Life is so much enjoyable when you live it on your own terms! The freedom that you enjoy by being your own boss is invaluable. You get a sense of control over your life which many feels lacking when working for others. You may or may not achieve this freedom, but many says the journey is well worth it.

Low Start Up Cost
Most home-based businesses require very little start-up cash. In many cases, you only need what most households already have i.e.a computer, a phone, a copier/fax, and some general material to distribute about your product or service. A lot of marketing can be done on the internet, so you can save on your printed material and other expenses associated with travelling and face-to-face meetings.

Sustainable Income
By owning a business you not only can provide for your family everyday’s expenses, but may also provide enough finances for the next generation. In some events where the entrepreneur can no longer work because of old age, death or suffer disability, their businesses can still generate profits for the family, especially if the entrepreneur have designed the business self run.