Building your network marketing business takes commitment.

To have success in network marketing or any other business, you’ve got to look at the long-term. Of course you want to plan to be profitable as quickly as possible. But you need to plan for how you will build your business week after week, month after month, year after year.

A lot of people say they aren’t looking for “get rich quick,” but if they aren’t making fistfuls of money within six to eight weeks, they are history. It may take longer.

It seems most people come into MLM without a great networking database from their past. To build in MLM, you must have a database, so that means they have to create a new group of people who know, like and trust them. You can’t do that overnight.

First thing you need is to build trust with well-targeted prospects. You can do that by providing real value, something that costs you nothing or very little, but which is very valuable to the person you give it to.

This may be an ebook or audio or video or some other piece of content which will really help out your prospects. And in exchange, they’ll give you their contact information and permission to talk with them. Remember what Humphrey Bogart said in “Casablanca,” that “could be the beginning of a beautiful relationship!”

To make your fortune in network marketing, you have to plan long-term. Plenty of people just figure, “I’ll try this for awhile.” The chance of success with that lousy commitment isn’t very good.

First, it’s a real key to focus on the idea of building relationships and to realize that relationships just take a “forever” commitment. Nobody says they’ll try marriage for three months and see if it works. You can make a good, stable income in MLM, when you use a system that works, and when you have chosen a good company.

So let’s assume you’ve got that part. Next, you have to really strengthen your own commitment. Identify each specific task you’ll be doing. Plan a regular schedule each day to do these tasks. Where will you be? Who can you get a hold of to quickly answer questions?

You want quick access to a successful system-user who is getting good results with it right now. You need to see in a hurry by your own experience that your system works, or you’ll find excuses not to do any work. Most of these business tasks, you realistically cannot do them while you are babysitting. You have no real opportunity for success. If you’re making phone calls, you have to be sure to set aside time that you can give prospects your undivided attention.

These thoughts are a sample of what you get in the ebook “Success In 10 Steps” by long-time MLMer Michael Dlouhy. This free ebook has become a classic in just a few years on the market, and it is available to anyone in network marketing to use as part of their own lead generation system.

The ebook’s popularity with network marketers comes from telling a long, common story of frustration with the industry. And, of course, offering solutions to every aspect of the frustration. The fact that you can then turn around and promote the book to generate your own MLM leads is what has brought in over 100,000 downloads over the years. I highly recommend this system.

Question about business learning

Getting A Business License: Once you have met with the zoning and business license departments and have determined that your business meets all the specific requirements for operation as a home-based business, you are ready to officially apply for the license. Business licenses are generally issued through the city or county clerk’s office and require completion of an application form. The most common information asked will cover business name, type of legal structure, location, type of business, number of employees, expected gross income and vehicles to be operated. Upon submission of the application and fee, the application will be reviewed prior to being issued. The license is renewed annually, subject to adherence to the city’s codes and regulations.

Filing Your DBA: If you plan to conduct your business under a fictitious name, you must file a DBA, which stands for “Doing Business As.” It may also be referred to as the Fictitious Name Statement. A fictitious name is any business name that does not contain your full legal name as a part of it. In some states you will be required to file a DBA even if you are using your legal name.

The purpose of the DBA is to inform the general public that you are beginning an operation under an assumed or fictitious name and that you are the individual who will be conducting that business. It must be published in a general circulation newspaper in the county in which your business is located. The ad generally must run in four consecutive issues. During this time, anyone may challenge your right to do business under that name. Following publication, verification must be filed with the city or county clerk.

The DBA gives you the exclusive right to use the name and keeps others from using the same or similar name. The time and money spent is very small compared to the benefits you will derive from becoming the owner of your business name.

Obtaining A Seller’s Permit: A seller’s permit number is required of anyone who purchases items for resale or who provides a taxable service in all states where sales tax is collected. An example of a taxable service would be clock repair. The labor or repair is not taxable, but the parts may be. A seller’s permit is obtained through the state agency responsible for the collection of sales tax. Most often it will be the Department of Revenue.

The retailer or final seller, not the customer, is responsible for paying the sales tax. Consequently, every seller engaged in the business of selling a tangible product or of providing a taxable service in a state where sales tax is collected is required to hold a seller’s permit for the purpose of reporting and paying their sales and use tax liability. The seller’s permit may also be referred to as a resale number or a resale certificate.

Your application must be based on the fact that you will be purchasing taxable items that you will offer for sale to the ultimate consumer or to other resellers or that you will be providing a taxable service. Any other reason for your request may be grounds for denial.

Sales Tax: The rule of thumb is: if you do not intend to resell your purchase through your business, do not use your resale number to buy it tax-free. Contact the agency responsible for the collection of sales tax in your state to determine the regulations on your particular type of business.

Setting Up A Business Bank Account: Often a business owner is tempted to run business finances through personal accounts. It is imperative that you keep your personal and business finances separate. Failure to do so can cause problems with your recordkeeping and tax computations. Business accounts are necessary for credibility when dealing with other businesses. You will not have much credibility with wholesalers or suppliers if you do not pay with a business check.

The first account opened with a bank is usually the business checking account. You must show proof of DBA filing before the account can be opened under your business name. The DBA gives verification that you are authorized to deposit checks made out to the business name. The DBA gives verification that you are authorized to deposit checks made out to the business name. Be sure to take your verification with you. The bank will make a copy for their records.

Tip: When you open your account, request that your checks be numbered beginning with a number higher than 101. This is a tip-off that you are a new business. You want to look established in the eyes of your creditors. The selection of the bank with which you will do business should be undertaken with consideration. Banks vary greatly in the services they offer, as well as in the charges for those services.

Question about business learning

One of the most effective means of marketing your Website is by writing business related articles. Ordinary people like you and me are more than capable of writing articles about their own experiences.

Writing and distributing articles is an extremely effective way of attracting visitors to your site. Don’t believe that you need years of experience to be able to write articles. Once you’ve started your own online business, and have been through a few hoops, you’ll already know far more than the millions of people online, who’re looking for information!

Write from your own experiences in getting started with your internet business. Help other people through the elimination process you’ve been through, in examining the options you considered, and describe what prompted you to go the route you’ve chosen.

You will certainly have made some mistakes along the way. Write about them, so that others will benefit from your experiences. Describe the steps you took to correct your mistakes, and in this way you will be seen as a genuine, helpful person, who is prepared to share your experience, to the benefit of others.

You don’t need to be a language expert to write short articles; write in plain, simple, down to earth English. Read articles by other authors, and you’ll pick up ideas for subject matter. This will set your own chain of thought in motion, and you’ll be able to have a try at writing!

Once you start writing, you’ll find that the ideas and the words suddenly start to flow. That’s when to keep writing without stopping constantly to check for errors. You will need to correct these later, but try not to interrupt your creative flow.

Once your readers realize that your site offers useful information which can assist them in establishing their own businesses, they will come back for more information. The trick then is to keep a ready supply of fresh, informative articles, to be published once or twice a week. The search engines love fresh content, and this will move your site up in the page rankings.

Once you’ve written your articles – spend time proof-reading very carefully. Avoid publishing an article that’s littered with errors, or your credibility will be lost. Your computer has a spell-check, so do use it.

Keep paragraphs no longer than two or three sentences – this makes for much easier reading than long, complicated paragraphs. A direct, to the point style of writing has a more effective impact on your reader. Remember you’re writing to provide information, so avoid long flowery phrases and overly complicated explanations.

Articles should ideally be between about 450 and 600 words long. Most readers are looking for a quick overview, and something too long will deter many of them from reading your whole article. Keep your writing short and focused – don’t go into too much detail.

Remember of course that you’ll also get better with practice, so break the ice and have a go! It will be worth the effort for sure.

We’ll discuss more tips and ideas about writing and publishing articles in this current series.

Question about business learning