If you are searching for entrepreneur ideas to expand the scope of your business, or you are not one yet but currently brooding on what business venture to invest in, then you have already made the right move in trying to find resources that will help guide you accordingly.
For every entrepreneur, taking risk is a must, but knowing how to minimise such risk to the lowest possible level is a prerequisite for success in any business.
In this article, I will be introducing you one of the proven entrepreneur ideas that work in this information age. It’s an opportunity that offers risk exposure at the barest minimum, while also ensuring a much higher percentage of returns on investment (ROI). To put it plainly, the venture requires almost zero capital and offers you the added benefits of free training and mentorship, while you are steadily growing your business. Let me introduce you to network marketing.
Yes, it gets more interesting here, as chances are that you must have heard about all the myths surrounding network marketing. But the truth remains that, if you want to be really successful in any entrepreneur ideas, operate your own business, and make money, there are some things you must be ready to unlearn. The first of which is that - you cannot be a wealthy entrepreneur through network marketing.
In reality, the reverse is actually the case, as some of the top richest entrepreneurs in the world started with and are still involved in network marketing; from Bill Gates to Robert Kiyosaki, and even the billionaire U.S. presidential candidate Donald Trump, they all have network business network systems and you can follow in their footsteps by learning this secret behind their massive wealth.
Delegates at the event
KEDI 5th car award proved to be a ceremony like no other as KEDI HEALTHCARE Nigeria broke her own record of achievements, a total of 100 cars were awarded to deserving distributors. In addition to this were 8 villa awards, land award , cash prizes worth millions of naira and an amazing array of substantial gift items such as plasma 32″ TV, washing machine, fridge, public address systems, KEDI massaging equipment.
What Really is Network Marketing?
Network marketing is the process through which independent representatives of a company can sell the products and services of that company to a group of potential customers.
It goes far beyond the act of going from door to door to sell products, although being a good salesperson is an utmost requirement for every entrepreneur in any area of business. But modern technology has provided us with the tools that have greatly enhanced the ability of network marketers to make good passive income.
Why Network Marketing?
Starting out, I know you must have had a thousand and one entrepreneurial ideas and it is very likely that the much more lucrative option of network marketing was not one of them. But below are five points that you should consider:
• Low Capital
No matter how lofty and profitable your entrepreneurial ideas for business might seem to be, you will need a capital, to begin with. But as access to capital continues to remain one of the biggest challenges for most entrepreneurs, especially in the prevailing economic situation in Nigeria and even across the African continent, network marketing is the most rewarding venture that you can begin with a very low capital.
• Free Training/Mentorship
Not having the basic training and adequate knowledge about a business before starting is most often a recipe for failure. This is the cause why many entrepreneur ideas failed few years after established. This is why some entrepreneurs invest a lot of time and money in order to be well trained in their area of business. But with network marketing, the prospective entrepreneur can access free training and mentorship opportunities from others who are successfully involved in the business.
If you cannot start up with an office, and you are searching for home based business ideas there is no problem. You can start making money from network marketing right from your living room without the need for any office structure.
• Time management
With network marketing, you can easily schedule the time for your business and time for other activities, which will even help to make you more productive.
• Passive Income
One of the most attractive aspects of network marketing is that once you have set up the system, money keeps flowing in even when you are asleep. You will no longer work for money, but money begins to work for you and this huge stream of passive income can easily be sustained.
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