Multi-level networking is a way for companies to distribute or sell their products using networks of salespeople who are compensated for their sales and the sales of other people within their network. Multi-level networking has gotten a bad reputation. People who invested in this scheme were anxious about their inability to recoup their investment. It is high time to know how to make the most of your multi-level networking engagement and earn real money.
Benefits of Networking
Expanding opportunities
Networking allows you to meet new people and chance upon opportunities that you may otherwise not have found. Such prospects can take the form of job offerings, business partnerships, or even mentorship opportunities.
Knowledge Sharing
Networking helps people share experiences, insight, and knowledge; it aids growth and development for all concerned. Whether this be through conferences or online forums, networking encourages learning from others.
Confidence Building
The more you meet different people, the more confident you get regarding presenting yourself and your ideas. Communication skills are better through networking, and so is one's level of confidence.
Career Advancement
Networking carries referrals and recommendations all the way-endorsements that can highly necessitate moving up the career ladder. Therefore, if influential people are in this circle, then the chances are that supervisors or other higher managers can recognize you for your promotion or leadership opportunities.
Brand Enhancement
The network can easily help you establish or enhance your personal or professional brand. If you keep showing up in your network and adding value continuously, you will be considered an expert in your field.
Components of Networking
Find the right fit
If you are going to sell something, make sure you are selling the product that you personally believe in. It is easier to get frustrated when you get rejections if you are not 100% behind what the product can do. You are the best endorser of the product. If you use it and have reaped its benefits you can be a walking testimony on the product's effectiveness. If you will be selling the kind of product which you also patronize chances are you will never have difficulty trying to come up with the most convincing words when doing the sales talk.
Join a company that shares your vision
Never join a company for the sake of joining. This is a certified recipe for disaster. Make sure that you believe in what the company stands for. Find out why the founders developed the products and their motives behind creating the company. If you are able to attach yourself to the mission, vision, and values of the company, it will be easier for you to be involved in building its success. If you think that the company's vision and mission are too good to be true, never risk joining.
It will take time
Success in multi-level networking takes time. If you think it is a quick-money scheme, you're wrong. It takes a lot of patience and belief to get to the top. Once you realize that you need to work; the less you feel stress in expecting results to come quickly. Indeed, there are plenty of chances that you will achieve success in multi-level networking. However, you really need to work hard for it or else you will never be able to build your own network of equally competent people.
Find the right sponsors
Before you can join a multi-level networking company, you need to have a sponsor, also known as an up-line. Pick one that is supportive of your growth. After all, your sponsor tends to earn something out of your sales. If the sponsor can find down-lines or people that you can sponsor, much better. It helps your job to rise towards the upper echelons of the network a bit quicker. However, you also need to be careful in choosing your sponsors. Make sure that they are the kind of people who are in this for good and honest intentions.
Research on methods
Read up on the methods of successful multi-level networkers. This will give you some ideas on how they did it. It may not necessarily apply to you, but the concept is similar, and you can modify it as you go along. Other people's experiences can motivate you to do better on your rise to the top. If possible, take the time to ask some other people who are in the same company who have achieved success in this kind of business and ask for some advice.
Answer the why
Ask yourself why you are doing this? If you can answer it then it will make your involvement in multi-level networking easier. It gives you the rationale behind your involvement and it is the one thing that will push you when you feel that you are going nowhere. Answering the question why will make you realize that you are into the business because you have goals that you want to fulfill.
The important thing about multi-level network is to enjoy it. Share information about your products at each instance you got. Let other people know what you have benefitted from the products so they too can become your partners.
About the Author:
Ryan Rivera used to suffer from anxiety attacks for seven years. He now dedicates his life helping those who suffer from stress, anxiety, panic attacks and depression through his writings. You can read more of his articles at Calm Clinic.
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