Network marketing is one of the oldest business and marketing strategies in America. While many Americans have a sleazy impression of door-to-door salesmen, some of the most successful companies in America’s history, like Mary Kay and Tupperware, have earned success for both their corporations and their representatives. But there is a hidden benefit to this kind of work besides just financial success and freedom – it can be used for personal growth as well.
It Helps You Network
Because network marketing, at its core, involves business interactions with other people, it should come as no surprise that your personal network is almost certainly to grow by leaps and bounds. The old adage, that it’s not what you know but who you know, continues to ring very true in the modern business world, and having a solid professional network is nothing but an asset in future jobs, business endeavors, and even personal friendships and relationships.
You Have To Manage Your Business
Network marketing, in reality, is an opportunity for individuals to operate a small business, and there is perhaps nothing that helps you grow more as a person than running a small business. Any number of things will be your responsibility, including but not limited to management, advertising, sales, accounting, web and social media presence, and just about anything else that goes into running a business. By juggling all of these responsibilities, you will gain a myriad of useful new skills that will serve you well in life.
You Have To Train People
New recruits you bring on board need to be trained, and it’s generally a big mistake to focus so much on selling product or bringing in new people that you fail to train your existing recruits. This is yet another challenge you must surpass in order to be successful at network marketing, and teaching others often helps you learn or reinforce ideas yourself. Perhaps by teaching a new recruit, you will discover a different process that makes doing a particular task much easier.
You Will Learn Not To Be Taken Advantage Of
Network marketing is a very legitimate type of business. Unfortunately, there are a lot of scams out there and any program that focuses on recruiting other people rather than selling product could be what is called a pyramid scheme and is illegal under US law. Before getting involved in a network marketing program, you should do plenty of research and make sure the opportunity checks out. By looking into the best network marketing opportunities for you and dealing with the “upline” (the people above you), you will gain the invaluable skill of being able to stand up for yourself and separate legitimate opportunities from scams.
You Learn To Always Strive For Something Better
To do network marketing the right way, you need to always be looking for ways to improve. In fact, most of the people who fail at network marketing and think of it as a scam are generally the people who hoped for a get-rich-quick scheme and didn’t put the kind of effort, thought and time into it. In short, they weren’t really striving to improve. Personal growth has always been and will always be about striving for something better. By its very nature, network marketing helps you learn and accomplish that.
Network marketing is actually a very solid way to learn some valuable business skills and create networking opportunities, and by doing so, your own personal growth benefits too. Far from its possibly sketchy reputation, network marketing is still a great way for individuals to build a successful sales force, and it comes with a lot of personal and professional benefits as well.