The silly thing was that before Magnetic Sponsoring, I was never of the mindset that I had to invest a single cent into my business. From my observations, most newcomers to the industry have this impression as well. This can be traced back to 2 main reasons.
1. Most people enter the industry with a J-O-B mentality, with zero education in entrepreneurship and zero marketing experience.
2. Most new distributors have the idea that just because signing up with Premier Pure does not require any upfront payment, one does not have to make any sort of purchases in the near future.
Back when I was still a newbie, I had also made the same mistake of thinking that everything I needed to learn and apply will be provided. Till today, I still come across Premier Pure distributors believing that there is no investment required and therefore, no risks involved.
The reason why these combined can become a huge obstacle your success in business, is this. If you’re like me, and most other people, you probably joined the Singapore MLM industry without any prior business and marketing experience or success.
If this was the case. The first thing you ought to do is to get yourself educated. Yep, you’ll have to spend money on mastering sales and marketing, and not blow your cash “trying out the company products for yourself so that you’re convinced”. There’s always time for the Premier Pure product samples later.
If your team does happen to offer free marketing training for real, you’ve made a wise decision. But more often than not, these so called trainings only deal with salesmanship and closing prospects within your warm market*. What’s missing and really important for having a profitable and healthy business is education in marketing – the art of getting qualified prospects to find you.
*I wouldn’t flat out claim that warm market approach does not work. I’ve had limited success with it. However, getting results from this approach it has got more to do with the quality of an individual’s pre-existing social network and his relationship with those in there rather than true marketing ability.There’s absolutely nothing wrong with this approach as long as it is done professionally. The actual problem is when your entire team depends on it as the main strategy (or lack thereof). A normal person’s warm market is usually not targeted or large enough to sustain any business and generate sufficient referrals. You should, however, share your products or opportunity to your warm market passively and as a supplement to your main marketing efforts.
As a result, a common scenario in the Singapore MLM industry would be an entire team of distributors using outdated and ineffective ways to run a business. Regardless of each individual’s ability to upgrade themselves, and a convenient excuse you’ll hear from most Singapore MLM leaders is that “more advanced marketing strategies are too difficult for the average person and not duplicable”. You may or may not be an average person. If you ask me, I definitely did not go into marketing to remain an average person with an average income and average lifestyle.
Bear in mind that mediocre methods will yield you mediocre results.
When I understood this truth, I decided to go out of my way to master real world marketing techniques that I was initially not exposed to. I couldn’t stand to settle for unprofessional, second-rate methods and struggle like everyone else. You do not deserve this either.
I still believe that network marketing is a viable opportunity for any budding entrepreneur on a budget, especially the Premier Pure MLM opportunity. You don’t have to spend a hell lot of money for a start, but you’ll still need to be prepared to spend some money.
As far as running a business is concerned, there will always be some sort of risk involved. Even if the Premier Pure opportunity does not require you to purchase anything in order to participate, you’re putting your time at risk. Everything has an opportunity cost. Without investing time and money into your business, it’s profitability and growth will be limited. Don’t let anyone fool you into thinking otherwise.
I highly recommend that your first purchase be an information product that introduces to you core marketing principles, Magnetic Sponsoring for instance. This will give u an idea of how the various marketing tools and systems out there are gonna fit into your business model.
With that being said, do understand that network marketing is not a get-rich-quick scheme where you can expect to see results in days. If you’re in desperate need of cash, please go get a job and come back to Premier Pure later. And choose the right team for yourself.
If you’d like my opinion on any sort of info product or marketing tools you’ve came across but felt unsure about, feel free to talk about it in the comments section.
