If you are searching for proven entrepreneur ideas to expand the scope of your business, this content is for you. If you are currently brooding on what business venture to invest in, you have already made the right move to find resources that will help guide you accordingly.
Taking risks is a must for every entrepreneur, but knowing how to minimize such hazards to the lowest possible level is a prerequisite for success.
In this article, I will introduce you to 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). The venture requires almost zero capital and shows you the added benefits of free training and mentorship while steadily growing your business. Let me introduce you to network marketing.
Yes, it gets more interesting here, as you must have heard about all the myths surrounding network marketing. Suppose you want to be successful in any proven entrepreneur ideas. You should operate your own business and make money. In that case, there are some things you must be ready to unlearn. The first is that - you cannot be a wealthy entrepreneur through network marketing.
In reality, the reverse is the case, as some of the top wealthiest entrepreneurs in the world are apostles of network marketing. They are either involved or applying the concept. For instance, Bill Gates, Robert Kiyosaki, and even the billionaire U.S. former President Donald Trump all have network business systems. You can follow in their footsteps by learning the secret behind their massive wealth.
Delegates at the event
KEDI's 5th car award proved to be a ceremony like no other as KEDI HEALTHCARE Nigeria broke her record of achievements. A total of 100 cars were awarded to deserving distributors. In addition to this were eight villa awards, land awards, cash prizes worth millions of naira and a fantastic array of substantial gift items such as plasma 32″ TV, washing machine, fridge, public address systems, and KEDI massaging equipment.
Network marketing is the process through which independent representatives of a company can sell the products and services to a group of potential customers.
It goes far beyond going from door to door to sell products. However, being a good salesperson is an utmost requirement for every entrepreneur in any business area. 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?
I know you must have had a thousand and one entrepreneurial ideas. The much more lucrative network marketing option was not part of it. But below are five points that you should consider:
• Low Capital
No matter how lofty and profitable your entrepreneurial ideas for business might seem, you will need capital to begin. But access to capital remains 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 you can begin with meagre capital.
• Free Training/Mentorship
If you don't have the basic training and adequate knowledge about a business before starting is often a recipe for failure. It is the reason many entrepreneur ideas fail a few years after being established. It is why some entrepreneurs invest a lot of time and money to be well-trained in their business area. But with network marketing, the prospective entrepreneur can access free training and mentorship opportunities from others successfully involved in the business.
There is no problem if you cannot start with an office and search for home-based entrepreneur ideas. You can start making money from network marketing from your living room without needing any office structure.
• Time management
With network marketing, you can easily schedule the time for your business and other activities, which will even help make you more productive.
• Passive Income
One of the most attractive aspects of network marketing is that money keeps flowing once you have set up the system, even when you are asleep. You will no longer work for money, but money begins to work for you.
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