How,BEAT,The,ODDS,Today,many,p DIY How to BEAT The ODDS!

Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and

Today, many people are craving financial freedom and independence. Despite what they've been taught all their lives in school (to conform; do what others tell you to do, prepare for a 40-60hour-per-week job), these "netpreneurs" are appearing online, "ready" (somewhat) and willingto build their marketing "empires."Many netpreneurs are choosing to start a network marketing business, since you can begin this type of business without a large capital outlay.Sadly, though, a good percentage of these individuals have very little trainingin marketing, computers, or the internet. And guess what? They’re losing their collective "shirt" in the process!Before "diving" head first into an online business, there are some important facts and trends to be aware of that can impact your success in network marketing. We will look at some of these rather formidable obstacles to your success, as well as several popular and effective strategies that flourishing networkers are now using to achieve long-term financial security.GET THE FACTS FIRST!Over 96% of the new business opportunities on the internet will fail! In his book, Wave 4 - Network Marketing in the 21st Century, Richard Poe tells it like this: "... A tough choice lies before you.Hundreds of companies vie for your attention, most of them start-ups. Among those start-ups, the failure rate is high - over 96 % within the firstyear ...." Less than 1% of all MLM distributors ever earn a profit! In 1997, MLMSurvivor wrote, the "Truth: for almost everyone who invests, MLM turns out to be a losing financial proposition. Less than 1 % of all MLM distributors ever earn a profit...!"There has been a tremendous increase in the number of network marketing opportunities presented on the 'net, with more companies going into "pre-launch" every day. With all the increased competition these companies create, MLM downlines are becoming smaller, and so are your chances for earning a profit!Usually, the 1% of distributors who become successful are people with exceptional sales skills, advertising skills, and the ability to train and motivate others. Very few people are endowed with a combination of these special talents! All too often, when people begin their online network marketing venture they are under capitalized. They underestimate the cost of advertising and promoting their new business properly, especially in today’s highly competitive online environment. Profits often come too late to cover the cost of monthly business expenses. The sad fact remains that there is a frightfully small success rate in network marketing. The majority of distributors are left with nothing more then broken dreams and drained bank accounts. For many distributors, the prospect of earning a profit online becomes highly doubtful, and the internet becomes a risky environment viewed upon with skepticism and negativity. The only option now seems to be giving up!BACK TO THE DREAMRemember the original "dream" you were sold when you entered network marketing? A Guru or sharp salesperson described his or her company as utilizing "Synergy."He/she explained that he creates wealth for his distributors by combining three critical components: residual income, leveraging of time, and duplicatability. Wow, sounds impressive, doesn't it? But considering the barriers to success explained above, you can see how the "synergy" of these 3 "critical elements" might fall far short for many people. Residual income, leveraging of time, and duplication are the three traditional components that can make network marketing a powerful business model. Indeed, they do sound effective, but they can be misleading, as evidenced by the extremely high failure rate of MLM distributors. Experienced networkers know this; they know that in today's fast paced, competitive, and complex online environment, a full repertoire of effective, innovative techniques is needed in order to build and maintain a lasting and profitable business. Let's take a look at five specific, innovative strategies that successful online network marketers are now using to help "BEAT the Odds".MARKETING GROUPSYou may have filled-out a request form for one of these groups. They have catchy names like: Forever Free Leads Group, Prosperity Positions Group...Powerful Computer Money Group...Permanent Downline Universe Group...Infinite Money Online Group...etc.The above groups are simply "teaser" web sites that compel you to sign-up; and you may complete their form just to find out what they're selling. You are then contacted by a group member who tells you the real company he or she represents. Often this is a company you would have never pursued, had the marketing group name not enticed you to sign-up.FRONT-END ENROLLINGHere's a strategy that seems to be growing in popularity. You give away a variety of freebies to people, some of which are quite appealing:E-Books, vacations, plane tickets, URL submission services, etc., and once people accept your free offer, they are "opted-in" to your contact list.Then, you "got 'em!" You can now "drip market" your primary offer to them slowly, usually on a weekly basis. Some front-end enrolling strategies use low priceproducts that are sold for a one-time fee. The rationale is that by earning a small fee on the front end, you can earn enough money to buy advertising for your primary opportunity, until you are safely in profit.PORTFOLIO METHODYou might recognize this technique as "multiple streams of income." Here, you can join several opportunities either one-by-one, or all "under one roof!" These networkers attempt to create a hedge against failure by joining many different affiliate programs or MLMs, thinking if one fails then at least they will have positions in other companies. I mean, they can't ALL fail, can they? I haven't yet seen any "all under one roof" companies last very long, and as far as joining seven, fifteen, or twenty-five different opportunities...how many people can really specialize in that many different companies at once;not to mention the sizable budget needed to advertise appropriately for each separate opportunity!VIRAL MARKETINGViral marketing, also called word-of-mouth marketing, is a technique that is growing rapidly on the internet. It describes numerous strategies that encourage people to pass on a sales message to others. As these marketing messages are passed to others, the potential for exponential growthis created through the message's exposure and influence. Like viruses, this strategy takes advantage of rapid multiplication which can explode a message to thousands, perhaps millions. An example of this strategy is Hotmail. When Hotmail users send an email, they "infect" the receiver of their message with a tagline (at the bottom) that reads "Get your private, free email at http://www.hotmail.com."Another example of viral marketing would include giving away your own E-Book. On the cover of your e-book, or on several other pages within, you can imbed your URL, your email address, and other marketing information. All this marketing information propagates itself as your E-book is given away!This technique is most effective when it involves giving a product away, and when it utilizes a vehicle that transfers the product easily to others. The internet is an excellent "vehicle" for this purpose.THE PROFESSIONAL MANAGEMENT FIRMThis is a new concept. I only know of one professional management company that is successfully operating at this time, and they are doing quite well. When you join this type of company, they place you in a permanent downline AND place you in a proven Network Marketing Company. Part of your monthly fee goes to the management company, which does all your advertising, selling, and recruiting. The major part of your monthly fee goes to the MLM for your monthly product order. The management company builds your business until it reaches a specified dollar level. You have the option of doing some extra recruiting yourself, which will bring your target income to a higher level. An excellent feature of this plan is, if anything ever happens to the MLM you are in (if they fold), your downline position remains intact and every member of the firm moves together into a different MLM...your income remaining completely intact. Very smart!