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Transcript of Business Information
We would like to welcome you on our short informative business information
Hey! Welcome!
As you would know, we told you that we have a business information for
you
The first thing that will normally cross your mind is Network Marketing
We honestly want to save your time thinking about it. And hopefully ours
too.
Well, what do you know, your correct!
And wait! We also know what you are thinking right now!
It is Network Marketing!
SCAM? PYRAMID SCHEME…CHARIS P.,GET IT? NOT LEGITIMATE? A WAY
TO DECEIVE PEOPLE?
But may we request for you to stay for a few minutes for this brief business
information
Honestly, it’s a normal way of thinking for most Filipinos
Eh? Only BUSINESS INFORMATION?
Network Marketing is a type of direct selling where distributors are
compensated in both selling the products and business opportunity. This encourages them to build and
maintain their own network of distributors, each with their own retail
customers.
Let’s define Network Marketing
Myth no 1: Network Marketing is a pyramid scam – This is CLASSIC!
Let us now discuss the common myths of Network Marketing
- Network Marketing is not a pyramid scam. It is nothing more than a unique
way of distributing a product or service
The only similarity between legitimate network marketing and a pyramiding scam is that both offers an incentive for one to introduce another to the
business.But they are different in 3 aspects:
Instead of paying all the middle man (as in conventional distributing model) it pays you for distributing a product.
2. Pyramiding is not legal
1. Pyramiding is fraudulent and not a sustainable operation
3. Pyramiding companies pay commissions on people recruited while
network marketing pay strictly on retail sales and none on people
recruited. In a pyramiding scheme, income is primarily from recruiting,
not selling of products
- The one that will really be successful are the ones who really want to build a viable business in network marketing,
who is teachable and willing to be coached, who puts a lot of effort into it
and never quit!
Myth no 2: Most people fail in network marketing
- Network Marketing is not a get-rich-quick-scheme. Network Marketing is about building a long-term residual income. It has nothing to do with making a lot of money fast and
upfront. It has to do with making a little more money each month over a
long term
Myth no. 3: Get-Rich-Quick Schemes
-The good news is that most successful people in this industry are
NOT like this. They are teachers, mentors and coaches. They genuinely care for others and want to see them
succeed
Myth no 4: You have to be a good salesman to succeed in Network
Marketing
The truth is that network marketing is all about relationship. One of your
main objectives is to find and cultivate leadership in your group. Fact:
Leaders are born but of relationship. There is no easy way around this
Myth no 5: You can build true network marketing residual income without
investing time
NETWORK MARKETING IS A BUSINESS!
Additional Info:
Robert Kiyosaki, bestselling author of Rich Dad, Poor Dad quoted it as “The
Perfect Business”
It is also considered as a “Home-based Business”
You can have the opportunity to build a residual income wherein you can have a passive income and be your own boss.
How cool is that? But then it is a business so it is not a guarantee, your
team can assist you but it is up to you if you will become successful or not.