I was a traditional business owner for many years, at first as a sole trader and then in businesses with my husband and other partners. I have now chosen to have a home-based business as a Network Marketer.
I did not understand Network Marketing at first and had a negative attitude towards it. That was until, in my tax accountant days, I had some network marketers as clients. I started to understand it was a genuine business model.
It was not until years later, after a major business failure I looked further into Network Marketing as an option.
I learned that Network Marketing is a very fair method of distribution. It is a method of distributing products and services directly to the consumer. Rather than going through shops and retail outlets it uses a marketing network of self-employed people to find customers.
These self-employed people are called a range of things including distributors, associates, consultants, independent business owners, members, and representatives.
The method of distribution began in 1934 and yet it is still often misunderstood and treated with suspicion.
Network Marketing for Women
I think it is a great business model for women. It offers flexibility and freedom. You can do the business either part or full time in the hours that suit you and your lifestyle.
When I worked as an accountant and then had other businesses I was tied to premises as well as big overheads.
Now I go to a yoga class in the middle of the day and work my business around my lifestyle.
Because you work the business from home you can work around your family commitments.
For many women I know not having to put their children into Daycare is a big advantage.
Women are usually great networkers.
The amount of money you can make is dependent on the time you put into the business. Many people simply want to make enough to pay a car payment or school fees.
With NWM there is;
- Minimal start-up capital.
- No asset risk (you don’t have to borrow against your house to start it)
- Virtually risk free
- Established systems and training (with most companies)
- No employees, premises, need to carry stock or debtors
- Low overheads
- You can have true time freedom
- Lifestyle choices
You can build the business online or offline. The online world gives us the ability to build global businesses if that is what we choose to do.
In Summary
If you are a traditional business owner and love your business, unless it gives you a residual income you may wish to consider the addition of a network marketing business. You can do that as a plan B on a part time basis.
The same applies to you if you love your job. A part time network marketing business will give you another income stream.
Please leave me your thoughts below.
Have a wonderful day.
Sue