Do Clever People Sign up With MLM?
Is it an intelligent decision to join mlm? Many individuals say MLM won’t make any profit. Let’s compare the mlm business system with a regular Job and see which is the smartest decision.
So why exactly would anyone want to join the MLM industry? Many times the mlm industry has received less than favourable perceptions, mostly due to unscrupulous people who don’t play by the rules and are out to con people into joining illegal ponzi & pyramid schemes. There certainly is to this day still much scepticism surrounding network marketing.
But I would like to ask you, is the MLM industry worth joining in your opinion?
Briefly lets have a look at some numbers The large majority of society is working for someone else, building their employers empire and probably will do so until the age of 60-65, it seems that the average wage per person each year is around $36,000. Sure there are going to be many people earning more than this but I am just looking at the averages for now. Mostly you will be working 35 – 40 hours a week, maybe more in order to keep getting this money from your employer.
Lets have a brief glance at the potential of a network Marketing business. With product marketing and also sponsoring others into their business, many people have developed impressive residual incomes. The MLM company that I have partnered with, sells a product that offers incredible value to people’s lives. Each time I get a new customer I will earn $45 per 30 days. Let’s say in a year working myself to the ground I was only able to make 100 sales, that’s already $4,500 a month which adds up to $54,000 each year, so already I’ve gone past the average wage.
For sure I will be looking for far higher results than this and be more likely going for two or three hundred sales in a 12 month period. Lets think then if I had 100 people on my frontline team and every time they made a sale I earned $15; let’s say they each only made just one sale, I have then earned an extra $1500 every month. I will also earn 3% of everything that their team sells and this will continue down seven levels, the width of my first level is unlimited. Of course you need a great product. The company I am involved with has a customer and distributor retention rate of 93%, when you consider how the products benefit people’s lives it’s not surprising.
Are you seeing the possibilities here?
You also need to remember the systems that are available to us on the internet and the leverage that it offers us. Given the fact that the internet offers us the chance to bring in leads all day long to your business, the power to build a residual income should not be ignored.
I am not aware of any other business model where such a residual income can be achieved. I have been very conservative with my figures as I’m not here to give false hopes or portray MLM as any kind of get rich quick scheme because it’s not. You can make a lot of money with this industry but you need to think and plan long term. BUT there are people earning well over $10,000 a week in this industry. Whilst surfing the waves outside his home in Costa Rica my mentor earned $28K in 2 weeks! I’m sure he won’t have any objection to me telling you that he started his business online about 7 months ago with only a budget of $250!.
If you are looking to join mlm, you must align your values with a company that is changing people’s lives across the globe. You also must learn how to be a smart marketer online and offline. To learn the truth visit the MLM marketing blog of James Hicks.