2 Ways to Sustain a Profitable Network Marketing Business - Seb Brantigan 'The Britpreneur'
Seb Brantigan 'The Britpreneur'

2 Ways to Sustain a Profitable Network Marketing Business

In the primary stages of getting started in a Network Marketing business, most marketers will either struggle to make a profit or worse, quit the industry altogether. Therefore you need to be able to run and sustain a profitable Network Marketing business, and in this blog post I’m going to show you two ways that you can start achieving that.

1) Create a budget for your business and stick to it – I have seen it many times in this industry…countless marketers joining different business opportunities, purchasing a myriad of products and services created by some ‘guru’ and then before you know it, you’re entirely out of cashflow to sustain your business.

The easiest way to avoid this is to monitor what you spend, as well as creating a budget that you can be loyal to (because early on, every penny counts). Adjust this every month, based on income/expenditure accounts that you are required to make for tax purposes, however it is always beneficial to do this as early as you can.

2) Start building a list – this is a list of contacts that you can send emails to as often as you like! I personally recommend using AWeber as it comes with a $1 trial the first month to get you started ASAP. GetResponse also offers a very similar service, along with the $1 trial the first month (fantastic value if you ask me) 😉

What matters most is starting to build a list TODAY, this means that you can stop sending prospects to your Network Marketing company’s website which is designed as a leaflet, and not to capture your prospect’s information.

In fact, you could most definitely sustain investing in your education by purchasing valuable products and services (which is what I have always recommended) if you can justify it by returning your investment by earning affiliate income.

 

 

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0 thoughts on “2 Ways to Sustain a Profitable Network Marketing Business

  1. Cost is of course a factor when starting a network marketing business, however starting up a bunch of things at the same time is not a good idea anyways. Most people build in their free time whichmakes it virtually impossible to become an expeert in many fields – so I suggest to rather become an expert in one t hing than mess around in many and stay mediocre.
    Frieke

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