Your first year in network marketing can take quite a toll:  spending more than you’re making, the 500-pound telephone, cold calling, being shunned avoided by friends and family, a seemingly perpendicular learning curve, and more.  And yet, if you survive, you will have built the skills and mind set that will finally lead you to the lifestyle you imagined .

How then to live through that first year?

Budgeting

Do not expect any net income from your enterprise for at least the first 180 days .  That means you need a budget for your business that will let you meet all of your other financial responsibilities for at least that long.  Forecasting  for a 12 months is even more prudent.

You can considerablyminimize your negative cash flow and even shorten your time to positive earnings by incorporating a funded proposal into your selling system.  Working with a product line with larger front end commissions ($1,000 or more) will also help.

However you chose to structure your business , it is necessary not to ignore cash flow if you are going to thrive during your first year in network marketing.

Become a Student of the Industry

Consider the initial twelve months to be focused on on-the-job learning.  Ideally, it will be an earn while you learn proposition during this period.  But even if your cash flow is inconsequential there are skills you’ll need to learn.  And don’t forget to spend some time on personal development .

Have a Dream

You probably already have a vision about what having your own business will let you do that you can’t do now.  As your business grows, so must your vision.

Most people start with a goal that largely involves only them and their family.  As your business expands, your vision will also have to grow to include the visions of everyone in your organization.

Mental Perspective 

In addition to your dream, it is important to have a positive perspective.  In part, that’s where the personal development stuff comes in.  But it also means you have to have a realistic view about your business and what it takes to be a success .

Maybe second only to running out of money, the thing that forces most people to quit during their first year is the monumental rejection that can come from normal offline marketing techniques.  Trying to grow a business by cold calling strangers is hard and you have to be just as hard to make it.

Most people can’t manage that and still keep a positive .  Therefore, many turn to marketing  on the Internet and attraction marketing.  That can be a good alternative, but it also means another set of strategies that have to be learned.

In sum , if you are able to put together a realisticcash flow projection, invest in yourself through education and personal development, stay focused on your dream, and maintain a healthy mindset, there is no reason that you can’t survive , maybe even flourish, during your first year in network marketing. After that, it just keeps getting  better …

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