MLM (Multi Level Marketing) or Network Marketing is an amazing business model I am super passionate about.
With a small start up capital, you can build your own Network Marketing business from the comfort of your kitchen table, and build a global empire, and earn passive income for yourself.
Nigeria, having a population of close to 170 million people is a perfect place for Network Marketing to thrive, for these two reasons:
- We are super hard working and want to take care of our families
- With the current economic recession, most people are now seeing that staking their financial future on a job is very risky. People are now looking to network marketing for an alternate source of income.
In today’s post I am going to dive into how Nigerians can finally profit from MLM, and I am sure you will get value!
I can help you recruit more people into your MLM Business
If you’re starting a Network Marketing business, you will have to learn how to recruit people into your business.
In my course, “Instant Recruiting Formula” I teach you the skills and the mindset you need to recruit more people and begin to dominate your business.
MLM In Nigeria: How Nigerians Can Finally Begin To Profit
1. Choose the right company.-
This is a very important step that can make you or break you. Before you go into any Network Marketing business, you need to sit down and research on the legit MLM companies that are available.
Some Nigerian MLM companies are actually pyramid schemes or money games in disguise, and if you make the wrong choice you will get burned.
Note: If you’re curious about how to select the right MLM company for you In Nigeria, check the related posts section at the bottom of this post.
2. Adopt the right Mindset-
Most people looking for MLM companies come with an investment mindset which is a sure-fire way for you to fail.
The investment mindset asks, “how can I buy my way to this rank or this position?”
Network Marketing like any other business, requires that you learn the skills. There are no short cuts.
You have to learn the skills of prospecting, invitation, presentation, closing, selling, and promoting events, and online marketing.
Every top millionaire inside Network Marketing learned these skills, and if you want to be a millionaire in Network Marketing, then you need to duplicate this.
3. Have A Long Term Vision-
If you want to begin to profit from Network Marketing, you need to treat it as a long term career.
Most people jump into Network Marketing and quit when they don’t become over night millionaires.
MLM Experts advise you treat it as a 4 year career, and a long term business, rather than a get rich quick scheme.
A long term vision will keep you in the game, even when things begin to go rough.
I hope you got value from this post, and these tips will encourage more Nigerians to become profitable in MLM!
What other ways do you see Nigerians being profitable in MLM?
Drop a comment, below, and do not forget to like, comment, and share if you got value!
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Adewale Adebusoye's MLM and Internet Marketing Blog