Why Would You Want To Join Up With MLM?
- Author James Hicks
- Published April 25, 2010
- Word count 572
Is the mlm industry actually worth joining? Sometimes people think badly of MLM, probably due to the stories you sometimes hear of folks getting ripped off in pyramid schemes and such like, there are also some pretty bad sponsors out there who sign folks up and never actually contact them again, it's not difficult for these type of things to leave a bad taste in many people's mouths. Often when you approach someone with an mlm/network marketing opportunity they are instantly skeptical.
The question I want to ask you here is...'Do YOU think MLM sucks?'
Here are some comparisons which will illustrate things better Most of the world's population will work for someone else throughout their life, usually for around 45 years, in the UK where I am, the annual wage per anum per person averages around £23,800 which equates to around $36K in the US. I'm just talking about averages here, I know there are many who earn more than this. Bear in mind that you will probably be working around 35-40 hours each week in order to receive this salary.
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 particular company that I have joined with (I won't try and pitch them here) is offering some outstanding value to the lives of its customers, so it sells well. For every person I directly sponsor as a customer I earn $45 every month. Suppose that I spent the next year working extremely hard and after all my efforts I was still only able to garner 100 customers, even then I would be earning £4500 each and every month which adds up to an annual wage of greater than the national average.
I'm not going to stop there though, I would be looking for many more sales than that! If I also had 100 folks on my first level team and they each made 1 sale a month then I would earn $15 from each one therefore bringing in an extra $1,500 each month. Then after that I earn 3% of everything that their distributors sell and this goes on 7 levels deep (the width of my organization is limitless). Now assume that you had a product that transforms people's lives and that the company wide retention rate is 93%.
This is a system with some great potential don't you think?
These days we are able to effectively leverage the power of the internet to grow our business. You literally have a potential market of millions of people and if you get the right training you can realistically create a very large residual income, month after month.
When it comes to residual income I struggle to think of any other method where this can be created from home. To avoid giving the impression that MLM is some kind of quick fix money maker I have been conservative in my figures. You can make a lot of money with this industry but you need to think and plan long term. There are however folks that earn well over $10K a week in this business. As an example my personal sponsor has made over $28K in just two weeks (and he did this from his beach home in Costa Rica) I know he won't mind me saying this but he started his internet MLM business 9 months ago with a budget of $250.
You should only join mlm if you are someone with a big vision for your future. To discover the BEST MLM business in history and realize why now is the time to get involved and transform your own life you must look at this presentation
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