Tell people you own a Network Marketing
Business and watch the faces cringe.
I can’t tell you how many times I was laughed at or told “Oh that’s one of those scam things” or “I don’t believe you, seems too
good to be true”
I’d like to give you 7 reasons why a network marketing
business is the best kind of business to own.
1. Your chances for success are better in network marketing
Yes, some people fail at it.In MLM or network marketing, you will often find that 20% of the people are making 80% of
the money.
Do you know what?
That is exactly the same as church — 20% of the people
who attend are actively involved and do 80% of the work that needs to be done.
Im not surprised that it’s similar in
MLM.
People are people.
Some of the people who fail at network marketing are not motivated,
some arent cut out for self employment, some are in the wrong
company for them, and some are just not properly trained.
But a motivated and trained person in a good company has a great chance of succeeding
in their business.
On the other hand, if you start a traditional business your odds of success are
much lower.
According to the SBA, at least 50% of small businesses fail in
their first year and 95% fail within the first five years.
So, after 5 years of 12 hour days, in debt up to your
eyeballs, you only have a 5% chance of succeeding.
For some reason that just doesn’t do it for
me.
2. The costs are much less to get into a
network marketing business.
Most network marketing companies ask for a monthly minimum order to keep an
active distributor status, it is true.
This is part of what keeps the machine running. It is
part of the business operating costs.
It may be as much as $100, depending on
the company.
Now compare that to the costs of traditional business ownership, like rent, utilities, inventory, insurance, taxes, employees, marketing and
advertising, and much more.
I think you get the idea.
You don’t have to be rich or go deep in debt to have your own
home based network marketing business.
It truly is an equalizer, giving everyone a fair chance at
succeeding, no matter what the financial background or credit
history is.
3. A network marketing business is
simpler to run.
If you had your own business hopefully you could afford to hire an accountant
and a secretary who would keep all your red-tape, paperwork, receipts,
bookkeeping and such.
If not, you would spend much of your time doing this.
With MLM, the company you are with handles most of the
paperwork.
You just need to keep your own financial records for your income
taxes.This frees you up to spend your time and energy making money.
4. A network marketing business is easier to market and
promote.
Most people who have their own traditional business are on
their own when it comes to marketing and advertising.
They usually try a little of everything to see if something will actually
work.
Often desperate business owners get taken in by slick
sales people who promise results with their newest expensive
advertising scheme.
A network marketing company has a proven marketing
system that has been tested and used by many people.
They will usually have their own marketing material that can be purchased at a lower
cost because they can order in larger quantities.
5. You get the business training you need to
succeed network marketing.
You don’t need to know anything about
business to be successful in MLM.
Your company has done all the work and
research.
They often hire the best marketers in the business to help them develop a training program because really want you to succeed and will do everything
in their power to help you.
In traditional business you have to find the training you need on
your own.
6. With a home based network marketing
business, taxes are on your side.
There are many deductions you can take with a home based network marketing business that will help you
reduce your taxes.
On the other hand, the government (federal, state,
and local) all seem to have it in for traditional small
businesses.
And if you have employees, you are really paying much more for them than their
salary, as any employer can tell you.
7. Network marketing is the
future.
Some people say that network marketing or
MLM is a pyramid scheme.
That is NOT true.
A pyramid scheme is illegal because it
doesn’t work.
There is no product, and thus no value
to it.
The people at the bottom put money in but the value doesn’t flow down to them.
It is a scam because only the people who
got in at the top make any money.
Most of the people get ripped off.
A good example of this is chain letters or the airplane
game.
A pyramid the natural shape of structure for all businesses, including
governments.A network marketing organization is
no exception.
Network marketing is just a new way to
distribute and market goods and services.
It’s the way of the future.
Even many huge traditional companies see this and are
jumping on board.
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