My Short Version Of Networking Defined

BusinessMarketing & Advertising

  • Author William E. Bailey
  • Published January 24, 2008
  • Word count 537

Often you will find people who aren't really sure

of what networking is all about. Here is a quick 2

minute explanation you can use.

Why are we paid? We are paid in networking for

adding value to people's lives. Our products or

services can certainly can add value, improve the

quality of lives, save time and money for people

or simplify and make life better. But, providing a

financial opportunity that can create a lifestyle

for people that most only dream of is where

networking really shines, Thousands and thousands

of millionaires have been created in this industry

during the fifty years I have been a part of it.

I've heard we are paid for talking to people but

that's only partly true. We talk to people to find

those who will let us add value to their lives.

Each person we add to our marketing organization

should be a person who has strong feelings about

their financial future.

How are we paid? Really it is a very simple

concept. For example if you help me earn $1000

more each month than I had before I met you, If I

can do it with out loosing my job; without risking

my income. If I can do it at my own speed and

if you help me until I can do it myself. By

sponsoring me you help me know about the product

and most importantly how to market it. Then we

have a business relationship.

If I earn my $1,000 a month I certainly won't be

mad if the company gives you $200 for your effort

as long as it doesn't come out of my $1000. That's

a win-win business relationship.

Suppose you help 10 people do that. Now you have

10 people earning $1,000 a month, and the company

pays you $2000 a month.

Lets say I would like to earn $2000. like you are?

You tell me "Bill, I'm going to help you build a

marketing organization like I am doing." You help

me develop a marketing list and talk to a few

people.

Again, I won't be angry if the company pays you

$100 for the sales from the people I add to my

organization after all, they are paying me $200.

as well And that commission system can go

on for as many levels or generations as the

company's marketing plan is designed for.

You now have the basic philosophy of network

marketing. The short form that is real easy to

explain to people.

Instead of having 10 people work with you pick

your own number. How about training 100 people who

have the freedom to grow as fast as they want. The

compensation plan grows as fast as they grow. They

automatically push you up to a higher commission

level.

10 people who have 10 people who have 10 people

would give you a marketing organization of 1000

marketers. The inherent leverage here is, you are

only working with 10 people and receiving

commissions on the volume of 1000 people. Each of

them has the same opportunity as you do

The networking business is without a doubt the

best chance the average person has to create a

fortune. Here is the best part, this business is a

lot easier to operate today than it was 50

years ago when I first started.

William E. Bailey is a legend in the field of

business development, team building and personal

growth. In 1972, Mr. Bailey along with Ross Perot,

Ray Kroc and others received the coveted Horatio

Alger Award. You can achieve personal excellence

with guidance from Mr. Bailey without spending a

penny through the Masters Workshop:

[

http://lm44a-a2.mastersprg.net ](http://lm44a-a2.mastersprg.net)

Article source: https://articlebiz.com
This article has been viewed 1,174 times.

Rate article

This article has a 5 rating with 3 votes.

Article comments

Dennis Bou
Dennis Bou · 17 years ago
Bailey's version of networking sounds like the old pyramid scheme from his Bestline Products,Inc. days.I was one of the Direct Distributors who lost thousands of dollars in that business along with many others,I'm sure!May you rot in HELL Bill Bailey!!!!

Related articles