MLM Myth #1: You Need Lots of Money To Get Started

“As a general rule, the most successful man in life is the man who has the best information.”

Benjamin Disraeli

One of the main reasons people don’t start their own Network Marketing business is because they think it will require a large investment, just like starting a traditional business.

A lot of people fall for this myth, but it’s simply not true. Those same people also tend to assume that setting up a business requires a huge amount of risk, but that’s not true either.

The real truth is that it’s largely up to you how much money you want to invest in any network marketing business.

If you can’t afford to invest a single dime in your new venture, that’s perfectly fine. If you want to invest $100 a month in advertising and promotion, that’s fine too. This is your business, and you can build it at whatever pace you like. You just need to look at where you are, look at where you want to be, and come up with a sustainable plan.

You could just re-invest all your profits for the first year to build momentum. No matter what you choose to spend, you can make this business work for you.

One thing you need to remember is that you shouldn’t do anything just because someone else tells you that you should. Sure, they might be getting some leads from a certain kind of promotion, but every penny you spend is optional.

This is one of the big pitfalls for new network marketers – an already successful person tells them to buy some kind of tool or marketing method, and they think they have to. But now you know better!

I’ll put this myth to rest once and for all: Every network marketing business will have a joining fee which gets you the start-up package and company training, but after that it’s up to you how much money you invest in business tools and marketing each month!

So make sure you go at your own pace. Invest only the time and money you feel comfortable investing, and don’t feel pressured to go beyond your means.

Network Marketing can be an extremely profitable business model for you, and is extremely affordable to start. It’s too much of a good opportunity to pass up!