Research has shown that 10% of new millionaires in the US last decade made their fortune by building business through network marketing. Even well known multi millionaires have stated the biggest growth in the next ten years will be seen in Home Based Businesses and network marketing, direct sales and MLMs.

It would be wrong to suggest that the MLM business model is the best for everyone. Most businesses fail during the first four years, but there are the ones that succeed. With the increase in job lay-offs, financial uncertainty and the shift in thinking regarding a better lifestyle, home based businesses would grow, either as an additional part-time venture or as the source of primary income.

What is exactly required to succeed in a network marketing enterprise? Most experts agree with the following attributes:

You have to be prepared to "network" with people with similar ideas and goals. People that join network-marketing organizations and just wait never make it. You need to be involved and work at building up the business. The most successful MLMs have learnt and understood the value of generating quality 'leads' to get business opportunities and have developed the necessary skills to attract people who are already searching for the products or services they are selling.

You need some marketing knowledge or at least must be prepared to learn. The Internet is ideal to create leads to any sort of business. You no longer need to place classifieds, newspaper or radio ads or letterbox drops to make leads. All most everyone uses the web to find what he or she need. You just need to get the message about your products and services to these people, who happen to be looking for it. All good network-marketing firms offer some basic level marketing assistance, but it is better to do some research and find the ones that are ready to go the extra distance and teach you the secrets to success in MLM.

You have to be ready to put in hard effort and must remember these are not get rich quick opportunities. The results are achieved by strenuous effort and over time you will strike it big. Remember that while money is there to be made in network marketing, it is not guaranteed and certainly at the start it will demand a lot of time and effort to see that you are properly established.

However tough the future the may seem have faith in the services or products you are promoting. You should select a company that markets products that you really believe in and use and are willing to advocate to other people to use. To be successful, you will need to spend time promoting your business, so it will be easier if you could relate to and be excited about endorsing.

If the above description fits you, then maybe you have what it requires to construct a network marketing business that will thrive. Lastly you might want to decide on the company you want to be involved with. The best method would be to do a search on the net and visit the sites of these companies.