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It is NOT About You Making Money!

Dear reader,

Building a successful network marketing business is NOT about You making money!!!

It is about helping others make money!!!

Does that make sense?

When you help others make money you will all make money. If you get to be really good at helping others make money then I assure you, you’ll be wealthy. You’ll never have a hard time finding people to join your business. EVERYONE will want too.

Here is what made me write about this.

This guy I met online was promoting  this new social network (SWOM).  This social network targets people like you and I. It targets other network marketers.

I have seen many of these come and go.  The problem is they are sold to networkers like you and I. Being networkers we all buy into the hype. Mostly because we’re entrepreneurs and looking for additional revenue streams.  Here is where the problem comes in: We are all already in business opportunities. We’re not looking for new opportunities. They pitch us on the idea that we can market our business to a bunch of other networkers but it never seems to work out that way.

A lot of people join thinking this is going to be the next Facebook.  They usually go strong for 6 months and then begin to die out slowly.  Once all the rush of networkers joins there is no one else to join except new people just getting started in network marketing.  They don’t attract the public because the public wants to go to Facebook where 500 million people are.  They don’t want to go to a social network for network marketers pitch them on deals every day. be

Anyway, I was letting this guy know that promoting a program like that isn’t worth it.  That these programs usually die out.  Here was his response.

I have made over $700 with Swom, if the site closed down tomorrow I would still be in profit. So I do not understand what your point is. Please if you are going to make inflammatory comments about other peoples biz-op’s, make sure you know what you are taking about first .

I bolded and underlined a couple of points in his message. He basically said “F-You I made my $700″.  He doesn’t care if the program dies.  He has made his money!

That is the problem with a lot of network marketers. I feel that is one of the reasons why MLM and network marketing get’s a bad reputation.  You have people out there that are greedy and only care about themselves. They don’t care about helping others.

When you promote programs like this you hurt your reputation.  I’m not going to call SWOM a scam.  I doubt it is a scam.  However I do know SWOM is doomed.  Everyone going there is going to sell people on their opportunity but everyone there  already has an opportunity.  That is a recipe for failure.  When the average person discovers they aren’t going to get any sign ups they will quit SWOM.

I am sure you could join SWOM and make money at it.  However making a quick $700 isn’t worth hurting or risking my reputation on a business that won’t be around long.  Come back to me this time next year and tell me SWOM is alive and doing great. Then I’ll take a look at it.  My reputation isn’t worth that risk.

That is why focusing on helping others is important. Your reputation is in tact.

If you only focus on helping yourself make money you will hurt others in the process. You will hurt your reputation in the process.  Sure a sucker is born every minute and you can continue to market programs and make money, but not very many people will stick with you.

I have people who stick with me. If I promote stuff I have people I know will buy anything I recommend. Why? Because they have benefited from working with me in the past. They’ve made money. I’ve taught them stuff. They know, like, and trust me.  That is worth a lot more than $700 to me!

Making money in networking marketing is about helping others.

Agree? Disagree? Want to spam me with your SWOM links? Want to tell me I’m wrong?  I’d love to hear from you!

- Ben Fitts

PS. This week one of those people that trusts me asked me about paying for a SWEEVA membership. (see the graphic for sweeva in the sidebar.) I told her no.  I told her no because I don’t think her product would market well on Sweeva.  I didn’t want her to buy something from me that wasn’t right for her.  I didn’t think loosing that trust from her was worth the money I’d make from selling her Sweeva when it wasn’t going to benefit her.

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Filed under : MLM Hall of Shame,Network Marketing
By Benjamin Fitts
On August 16, 2010
At 5:12 PM
Comments : 4
 

4 Comments for this post

 
Andreas Says:

So true helping others is very important! right now i’m helping my donwline to success in a work from home buisness and myself.

Very interesting stuff Ben!

Keep up the good work.

take care

 
 
Abundantentrepreneurs Says:

Hello,

Its really applicable in today’s world.
Thanks for sharing.

 
 
Gladys Says:

Thanks Ben for speaking the truth-I only invest in companies with 20 plus history. I do not mess with new companies and their products-I have seen so many come and go-Best of luck to anyone who signs up

 
 
Lifepathunlimited Says:

I think it’s safe to say your credibility (and self-respect) is more important than trying to make a quick buck. Too many people in this industry don’t seem to realize that.

 
 
 
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