Hope For The Future With MLM?
June 14th, 2010There are many folks seeking business opportunities. With the world economy in its current state folks are trusting less in their jobs and looking to independently secure their future. This saw a rise in the quantity of folk joining internet marketing and top tier business ventures, not to mention the rise in affiliate marketing and other online ventures.
One of the key Problems is that there are many stings around so you want to punctiliously research any opportunity that you choose to join. There is still much scepticism surrounding multi-level marketing, probably due to the quantity of bad press it has received because of the well know illegal ‘Ponzi & Pyramid schemes’ that have frequented the market place for the last few years. There is without doubt many legitimate MLM corporations out there, you just need to do the research fastidiously and ensure you find yourself a good sponsor.
So why do people join up with MLM?
Well the MLM financial model offers some serious leverage when it comes to building a business, and if you know what you do, then you can build a big downline that will continue to earn you an income with a really hands off approach, if you recruit the right folk. If you find a company with good products and a good compensation plan then you are well set up.
Let’s take a look at some facts swiftly. The average person will work a full time job building someone else’s dream for an average of forty five years. The average wage per head in the UK ( where I live ) right now is around £23,800 and in the States is around $36,000. Of course there are many folks who earn more than that but I am just comparing averages here. Bear in mind that you are going to potentially be working around 35-40 hours every week in order to receive this salary.
So let’s look quickly at the MLM business design. By selling goods and hiring folks into your team and leading them to success you can develop residual revenue. The MLM company that I have partnered with, sells a product that offers incredible price to people’s's lives, I will not mention the company here as this is not a sales pitch. But for every person I directly sponsor as a client I earn $45 every month. Let’s say I went ‘hell for leather’ and in a year working myself to the ground I was only able to make 100 sales, that is’s already $4,500 a month which adds up to $54,000 every year, so already I’ve gone past the average wage.
This is only an exceedingly brief picture and I can’t say I have even touched on the continual income that I earn from my downline. What other business structure can you think about that offers this kind of potential working from home?
I cannot think of any
With the right MLM training the sky really is the limit. Be certain to try the promoting blog of James Hicks and pick up your free training today to discover how to explode your business inside 90 days.
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