By Steve Boston
When people think about starting a small business they usually don't think about helping other people to make money because they are focused on making money for themselves. This is how business works, for after all, this is where the focus should be. There is a business model, however, that takes a different approach altogether. What people have come to understand as network marketing is based on the premise that in order to succeed in business you have to help the next person that comes along succeed. In a way, this flies in direct opposition to the standard business model of competition. In traditional business, in order to succeed, the competition has to be beaten. In network marketing, there may be friendly competition with other companies that sell similar products, but it is one of the only enterprises that is based on the principle of cooperation as its modus operandi.
In network marketing each independent contractor builds his or her own network of customers and like-minded entrepreneurs. As each individual builds his or her organization, the main focus is always on helping the new person who becomes a business owner succeed financially. As the novice begins to make money he or she repeats the process. This can be likened to the corporate franchising model. As new restaurants and coffee shops are built, for example, all adhering to the same business standards and practices, more are then added and revenues are increased. Network marketing requires little start-up fees, offers free training and support, access to distribution centers worldwide, popular products, and best of all, lucrative compensation plans that are both residual and exponential. Check some of these companies out online. Your interests, talents and abilities may just be the right fit for a modern day social networking business opportunity.
Steve Boston is an author, television producer, boxing trainer and marketing entrepreneur. He helps people start online businesses with little or no investment-no paper, no inventory, no employees, no bosses, and best of all-potential income that can far exceed professional salaries anywhere on the planet in an industry that is unlimited in growth. Visit this site: http://www.nocontractcellphones.biz
Article Source: [http://EzineArticles.com/?How-to-Start-a-Small-Business-by-Teaching-Others-How-to-Earn-Extra-Money&id=3209430] How to Start a Small Business by Teaching Others How to Earn Extra Money