Part of the guide: Network Marketing Lead Generation
Multi-level Marketing (MLM) business creates an opportunity to develop a business that has the ability to generate passive income. Passive income is income that is reoccurring but only requires a one-time effort. This differs from most traditional methods of income, which only provide revenue once, as opposed to passive income which may provide revenue on a regular basis. In order for an MLM to create this passive income, you need to provide a way to duplicate your efforts; this is why it is important to network, and how networking can create a lucrative MLM.
MLMs are a method of conducting business that is designed to generate passive income for all those involved. In standard business practices, you earn a commission for your sales, and that is most likely the only time you will see pay for that action. In MLM business, you receive a commission for your sale and also receive pay for any sales that your recruits have made.
As your recruits get recruits, and these recruits make sales, then you and your recruit get paid on their sales. In order to recruit a prospective person for your organization, you have to create an interest; this interest is generated by talking to individuals who may become recruits. Obviously, to talk to people, you need to be able to get exposure to new people.
Your MLM organization will not grow if you do not create situations where you are in contact with new people. You can use your friends as your initial contacts and attempt to recruit them for your organization, but there will come a point where you no longer have friends to select from. Therefore, it becomes necessary to gain more friends; this will obviously require taking steps to meet more people, and this process is networking.
Networking is not difficult, but it is mandatory if you are going to get enough exposure to enough new people to create an organization for your MLM. As you network, either in person, such as in clubs or any other social activity, you will create new opportunities to talk about the business, thereby hopefully creating new recruits and, in turn, generating passive income through a substantially large MLM organization.
In prosperity
David Wood
P.S. Leave me your thoughts, comments and questions below!
Comments
Eric Burnett, February 16.
Great Post David, Lots of value here.
Dean Oram, December 30.
Internet Marketing is great and getting bigger each week. 2010 is going to be massive for 2010. Have a great year.
Maria Jennings, March 4.
This post really resonates with me. I have been struggling with expanding my MLM network, but your insights on networking have given me a fresh perspective. Thank you for sharing your wisdom!
Oscar Ramirez, March 5.
I find it hard to believe that just networking alone can lead to such massive success in MLM. Do you have any proof or examples of how this has worked for others?
You have been paid late before
You have watched the number on the dashboard not match the number in your account. What is different now is simple: it settles on a public contract you can check yourself, not a dashboard I control.
Read the contract →Most participants earn little to nothing. No income is guaranteed. You can verify every payout on the public smart contract.
Sophia Allen, March 6.
I’m curious about the specific strategies you used to meet new people. Do you recommend any particular events or platforms for networking?
Emma Thompson, March 7.
While the advice is solid, I feel like the post could have included more actionable steps. Networking is crucial, but what are the exact steps one should take to start seeing results?
Matthew Wright, March 8.
Hey David, long time no see! This post brought back memories of our last seminar. Let’s catch up soon, maybe over coffee?
Isabella Harris, March 9.
Reading this post reminded me of when I first started in MLM. I struggled a lot, but networking really made a difference. It’s amazing how a few connections can change the game.
Luis Martinez, March 10.
I recently came across a tool called “MeetUp” that has been instrumental in helping me find local networking events. I highly recommend checking it out if you’re serious about expanding your MLM network.
Olivia Green, March 11.
I appreciate the way you broke down the importance of networking in MLM. I learned a lot from this post, especially the part about leveraging existing connections to build a stronger network.
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Get paid 100%, on-chain, the second the sale clears
Most affiliates earn little, and that is disclosed up front. The difference here is not a promise about what you will make. It is that you can verify every payout yourself, on a public contract, in about twelve seconds.
See how the payout works →Most participants earn little to nothing. No income is guaranteed. You can verify every payout on the public smart contract.
Whoever’s on the sidelines of this one, the useful bit is buried in one line: you run out of friends. That’s the whole reason the rest of the post exists.
Pete, I would add that running out of friends happens very fast in a smaller business community like mine in Izmir, everyone already knows everyone in the same trade circles, so the post’s advice to simply meet more people through clubs assumes a city large enough that this is actually possible.
Pete, sorry if this is a dumb question, but if you genuinely do run out of friends within the first few weeks like the post kind of implies, is ‘networking’ really any different from just cold-approaching strangers at that point, just with extra small talk first?
This whole approach assumes ‘networking’ means clubs and rooms full of strangers. Some of us built an audience entirely in writing and never once had to work a room, so the premise that you need more in-person exposure to grow doesn’t hold for everyone.
Anneke’s not wrong, and it’s not new either. We had the exact same argument in the mid-2000s about whether content ‘counted’ as real prospecting, we just called it articles and forum posts instead of what people call it now. The room-full-of-strangers crowd insisted back then that nothing beat a live room, that you couldn’t build trust through a screen. Some of the people who said that loudest are the ones who never adapted and quietly stopped being in this business at all. The medium changes every decade. The part where you eventually run out of people who already know you doesn’t.
Anneke, that tracks with what I’ve built too, most of what this post calls networking is just lead capture with better manners. I automated the equivalent of meeting new people by having content answer the same three questions on repeat, and it works the same mechanism without the room.
Does the automated version actually generate the same duplication the post describes, or just more contacts for you personally?