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What is Network Marketing?

From Building a Successful Network Marketing Business
By Jackie Ulmer, http://www.streetsmartwealth.com

What is Network Marketing?

Great question, and one that many have a hard time explaining.

Did you know that in just a few hours a week, you can create a major second income that continues to increase over time? In fact, with persistence and commitment, this income could soon replace your current full time income.

When was the last time you recommended a good book, restaurant or movie to a friend? How often do you do that?

Probably pretty often, right?

But, when was the last time the publisher, restaurant or movie producer sent you a "royalty" check for the referral?

Probably never.

Well, despite the way things usually are, the idea behind what is now the fastest growing home-based business trend in America and around the world, Network Marketing, is that if you get paid for recommending things you like, use and believe in, you'll do this more and more! And, you'll probably find some others that want to do the same thing.

That's it in a nutshell.

You earn a small commission for the ongoing purchases of those you refer, and you're also paid a small commission when you introduce this concept to others and they refer people.

Pretty ingenious, huh?

And the best part is that this concept can create true, passive, residual income for you and your family.

Many people just don't understand the concept of Network Marketing. Let me explain the way this works. Then think about this a little as you evaluate your options within our industry, or as you explain the concept to others.

The concept of Network Marketing consists of three major components: TIME LEVERAGE, RESIDUAL INCOME, DUPLICATION AND GEOMETRIC GROWTH

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