Network Marketing And Family & Friends

Many people who speak against network marketing always use the argument that you’re trying to get rich off your family and friends. They say if you get involved in a network marketing opportunity you’ll lose friends because you’re always trying to sell to them. So how true is this accusation?

Well if you look at the history of our industry it’s always been built around referrals and centres of influence. Historically because of the lack of technology in regards to communication, organic growth of business always happened from centres of influence and spread from there.

Any business person will tell you that the best form of business to have is referral business. This type of business creates loyalty and leads to further referrals. However as with any good business model there is a correct way to do it and an incorrect way to do it. In the past due to ineffective training this is why many people approached the business in the wrong way, which caused negative results to happen. Instead of treating their business opportunity as a profession many people looked at it as a get rich quick scheme. This cause them to badger their family and friends telling them how they will all going to be millionaires. So they constantly chased them and constantly told them about their brilliant business or their brilliant products and they couldn’t have normal conversations with.

A lack of training will cause you to be ineffective and it doesn’t matter how good your product or service is, if you’re not mentors and developed you will not be successful.

Network marketing has and will always be a people business, So the main skill that person needs to develop when dealing with people is people skills. People skills will not only allow you to be successful in network marketing, but it will also allow you to be successful in every area of your life.

Family & Friends As Prospects

So should you approach your family and friends with your business opportunity or your products?

Depending on what your product or service is all depends on whether or not it is relevant to your family or friends. Some products and services are quite specialised where as others are more general. The most important thing to do would be to listen, have conversations and see if there’s a need in their life which your product or your service can fulfil. The beauty about effective listening is that, if there is clearly not a need in their life for your product or your service, then you do not have to present your product or your service. This way you can Prospect somebody and they don’t even know that you’re prospected them.

If you have a quality product or service and your friends and family have a need for it and you identify that need, why would you not want to tell them about it?

How To Go About Prospecting

The best Prospecting tool you have is your mouth so you need to use it effectively.

Referrals from your family and friends are also very valuable because sometimes they may not have any interest in what you’re doing but may know somebody that does. I personally have made thousands of pounds and still make thousands of pounds every month as a result of a referral from a friend who does not want to do the business.

However your business will not stay there, it will move all over the place. In the past people wouldn’t run newspaper advertisement, magazine advertisements, run classified ads, go out on the street prospecting, all types of things to get their business in front of as many people as possible. However today with the growth of technology and the Internet, people are now able to get their business in front of a lot more people.

Before it was all about being the hunter, whereas now you can have a combination of not just being the hunter but also being hunted by prospects who already know about you, have seen how you can add value to them and want to know how they can work with you. It is call Attraction Marketing. A really good ebook that explains this is Magnetic Sponsoring by a guy called Mike Dillard, this would be a great introduction to the concept.

So network marketing when done correctly is not just about your family friends but it’s about impacting as many lives as you can by mentoring, developing and training them to be successful. Whether these people be in your family or your friends or people that you’ve got through advertising or people that have approached you by finding you on the Internet, it doesn’t matter. The main thing that matters is that you are in a position to help them better themselves by Facilitating their success based on their desire to succeed.

If you are new to the concept of network marketing or not quite sure of what it is and how different it is from a Pyramid Scheme, then click here to learn more: Brilliant Compensation

If you are already in network marketing and you want to learn how to use the Internet to create a constant flow of leads for your business, then click here: More Leads

Whatever you do make sure you act NOW! because the main killer to success is procrastination.

If you have enjoyed this post please leave your comments below because your feedback is always appreciated. Also feel free to share it in whatever social media platforms you use.

To your success!

About Jason admin

I have a passion to help people break out of the mind set that general society tries to impose on people, which is settling for a life that is just "Good".

I believe "Good" is the worst enemy of "Best" and if people would just grasp a hold of that, they would turn their lives around and really live life to the full.

If I can help enough people get what they want, I will not have to worry about what I want because the knock on effect of helping others is, your needs get met also.

I have a wife and 4 children and what I am building is to secure their futures, so as I help more people, I have the pleasure of seeing families built up and at the same time building up my own family.

A very famous book states: "A wise man leaves an inheritance to his children", so as I build for the future of my family, I guess I am gaining in wisdom.

I offer my time and my expertise to anyone who is sold out to their own success, however I waste very little time with people just give excuses, because if people are truly hungry, I should not have to convince them to eat!

The global law of Sowing and Reaping states, the more you give, is the more you will receive. So anyone wanting to build a strong business, but not willing to gave and serve others, will not be successful. This is why I love the home based home industry, because this philosophy is what propels it forward.