Those that have heard of Network Marketing Business Opportunity, know it is largely a people business. Some say it is a poor man's franchise as it doesn't cost much to get into but there are countless similarities between the two business models of franchising and network marketing. Advocates of the MLM industry say it is the fairest business model where all the stakeholders win. Those that are involved in a network marketing business opportunity will readily agree with this.
A unique characteristic of the MLM business opportunity model is that each representative is in business for themselves but never in business by themselves. This is supported by the design of the compensation plans where each distributor shares in their group income which promotes support from their upline. The more support the upline support team provide the bigger the earnings that can be generated.
It is no secret that many savvy distributors have made plenty of money from the MLM business opportunity model. This isn't the case with the majority of those involved with network marketing, however every distributor has the same opportunity. Ultimately failure or success in network marketing isn't determined by politics, race, age, background or gender, but only by results. Which is why it is called the fairest business model in the world.
For lots of representatives the ultimate value of their MLM business opportunity is not in the financial return but the lessons they learn while building their business. The ultimate value of the education and challenges while growing their MLM business can be truly incalculable, forcing them to transform as they are forced to get out of their comfort zones, grow, and in many cases become a better person.
This learning as you earning aspect is one of the significant aspects about a MLM business opportunity. The training system contains much of the educational material mandatory for success in network marketing. This makes the new found knowledge very easy to absorb and reinforced as it is put into action on a daily basis. It's my understanding there is no other business model that emphasis' so strongly the importance of personal development as the MLM business. The influence of experiencing the personal development by way of the teaching given is extremely different from employer style educational guidance where they assist with personal development.
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